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Jikai Equipment Manufacturing Co (SZSE:002691) Total Assets : ¥1,182.8 Mil (As of Mar. 2025)


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What is Jikai Equipment Manufacturing Co Total Assets?

Jikai Equipment Manufacturing Co's Total Assets for the quarter that ended in Mar. 2025 was ¥1,182.8 Mil.

During the past 12 months, Jikai Equipment Manufacturing Co's average Total Assets Growth Rate was 9.30% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Jikai Equipment Manufacturing Co's highest 3-Year average Total Assets Growth Rate was 33.50%. The lowest was 0.30%. And the median was 7.85%.

Total Assets is connected with ROA %. Jikai Equipment Manufacturing Co's annualized ROA % for the quarter that ended in Mar. 2025 was -5.55%. Total Assets is also linked to Revenue through Asset Turnover. Jikai Equipment Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.05.


Jikai Equipment Manufacturing Co Total Assets Historical Data

The historical data trend for Jikai Equipment Manufacturing 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.

* Premium members only.

Jikai Equipment Manufacturing Co Total Assets Chart

Jikai Equipment Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,046.11 1,121.36 1,178.63 1,131.46 1,179.72

Jikai Equipment Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,150.96 1,156.99 1,161.80 1,179.72 1,182.85

Jikai Equipment Manufacturing 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.

Jikai Equipment Manufacturing Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=910.781+268.939
=1,179.7

Jikai Equipment Manufacturing Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=894.892+287.957
=1,182.8

* 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.


Jikai Equipment Manufacturing Co  (SZSE:002691) Total Assets Explanation

Total Assets is connected with ROA %.

Jikai Equipment Manufacturing Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=-65.564/( (1179.721+1182.849)/ 2 )
=-65.564/1181.285
=-5.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Jikai Equipment Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=53.946/( (1179.721+1182.849)/ 2 )
=53.946/1181.285
=0.05

* 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.

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.

Jikai Equipment Manufacturing Co Total Assets Related Terms

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Jikai Equipment Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
No. 418, Xiangjiang Road, National High-tech Industrial Development Zone, Hebei Province, Shijiazhuang, CHN, 050035
Jikai Equipment Manufacturing Co Ltd Is engaged in the development, manufacture, distribution and service of underground mining machinery. It provides specialized solutions in underground mining industry for tunneling, tunnel supporting and transportation and others. The main products consists of Tunnel Supporting Equipment's and tools, Tunnel Safety Equipment's and accessories, Road Header and Heavy-Duty Scraper Conveyor and others. Geographically, the business activities are carried out through the region of China.
Executives
Tian Ji Ying Secretary, Director
Feng Fan Director
Chen Yu Hui Independent director
Sun Bo Directors, executives
Niu Chun Shan Supervisors
Wang Shou Xing Directors, executives
Cui Shu Qi Executives
Xu Zhang Hong Directors, executives
Chen Tai Peng Director
Li Zhan Li Director
Xu San Jun Director
Gao Gui Jun Supervisors
Hao Xing Zhang Directors, executives
Li Guo Bi Directors, executives
Shi Gong She Directors, executives

Jikai Equipment Manufacturing Co Headlines

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