Jilin Asia Link Technology Development Co (SZSE:002316) Total Assets : ¥734.3 Mil (As of Mar. 2024)

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What is Jilin Asia Link Technology Development Co Total Assets?

Jilin Asia Link Technology Development Co's Total Assets for the quarter that ended in Mar. 2024 was ¥734.3 Mil.

During the past 12 months, Jilin Asia Link Technology Development Co's average Total Assets Growth Rate was -17.30% per year. During the past 3 years, the average Total Assets Growth Rate was -32.90% per year. During the past 5 years, the average Total Assets Growth Rate was -26.80% per year. During the past 10 years, the average Total Assets Growth Rate was -5.20% per year.

During the past 13 years, Jilin Asia Link Technology Development Co's highest 3-Year average Total Assets Growth Rate was 48.20%. The lowest was -32.90%. And the median was 20.20%.

Total Assets is connected with ROA %. Jilin Asia Link Technology Development Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.85%. Total Assets is also linked to Revenue through Asset Turnover. Jilin Asia Link Technology Development Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Jilin Asia Link Technology Development Co Total Assets Historical Data

The historical data trend for Jilin Asia Link Technology Development Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jilin Asia Link Technology Development Co Total Assets Chart

Jilin Asia Link Technology Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,071.76

2,549.58

2,105.23

908.11

780.62

Jilin Asia Link Technology Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															839.84	794.35	719.40	780.62	734.32

Jilin Asia Link Technology Development Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Jilin Asia Link Technology Development Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	83.922	+	696.696
	=	780.6

Jilin Asia Link Technology Development Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	87.009	+	647.311
	=	734.3

Jilin Asia Link Technology Development Co (SZSE:002316) Total Assets Explanation

Total Assets is connected with ROA %.

Jilin Asia Link Technology Development Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	6.408	/	( (780.618	+	734.32)	/ 2 )
	=	6.408	/	757.469
	=	0.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Jilin Asia Link Technology Development Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	83.293	/	( (780.618	+	734.32)	/ 2 )
=	83.293	/	757.469
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Jilin Asia Link Technology Development Co Total Assets Related Terms

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Jilin Asia Link Technology Development Co (SZSE:002316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jilin Asia Link Technology Development Co Ltd (SZSE:002316) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Room 1205, Chuangye Building, High-tech Industrial Development Zone, Jilin Province, Liaoyuan, CHN, 518057

Website

http://www.asialink.com

Jilin Asia Link Technology Development Co Ltd is primarily involved in the financial technology business and private network communication technology solution business. The financial technology business segment is mainly engaged in third-party payment services, big data service business and financial business. The private network communication technology solution business mainly serves the energy and transportation industries, including the research and development, manufacturing and related technical services of related software and hardware products. Geographically, the activities are carried out through China.

Executives

Huang Xi Sheng	Director
Liu Hui	Director
Li Lin	Executives
Zhang Zhen Xin	Director
Yin Jian Feng	Director
Yang Jian Ping	Executives
Ye Qiong	Directors, executives
Yuan Xun Ming	Supervisors
Cheng Qi Bei	Executives
Wang Jian	Supervisors
Meng Ling Zhang	Directors, executives
Xia Ming Rong	Directors, executives
Zhuang Yan Zheng	Supervisors

Jilin Asia Link Technology Development Co (SZSE:002316) Headlines

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