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Jiangsu Jinling Sports Equipment Co (SZSE:300651) Total Assets : ¥1,278.6 Mil (As of Jun. 2024)


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What is Jiangsu Jinling Sports Equipment Co Total Assets?

Jiangsu Jinling Sports Equipment Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,278.6 Mil.

During the past 12 months, Jiangsu Jinling Sports Equipment Co's average Total Assets Growth Rate was -11.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.70% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 12 years, Jiangsu Jinling Sports Equipment Co's highest 3-Year average Total Assets Growth Rate was 25.70%. The lowest was -3.30%. And the median was 11.20%.

Total Assets is connected with ROA %. Jiangsu Jinling Sports Equipment Co's annualized ROA % for the quarter that ended in Jun. 2024 was 3.30%. Total Assets is also linked to Revenue through Asset Turnover. Jiangsu Jinling Sports Equipment Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.


Jiangsu Jinling Sports Equipment Co Total Assets Historical Data

The historical data trend for Jiangsu Jinling Sports Equipment 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.

Jiangsu Jinling Sports Equipment Co Total Assets Chart

Jiangsu Jinling Sports Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 893.17 980.48 1,252.91 1,278.11 1,311.88

Jiangsu Jinling Sports Equipment Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,253.61 1,334.10 1,311.88 1,297.19 1,278.59

Jiangsu Jinling Sports Equipment 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.

Jiangsu Jinling Sports Equipment 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 )
=830.537+481.342
=1,311.9

Jiangsu Jinling Sports Equipment Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=824.769+453.815
=1,278.6

* 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.


Jiangsu Jinling Sports Equipment Co  (SZSE:300651) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangsu Jinling Sports Equipment Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=42.536/( (1297.186+1278.585)/ 2 )
=42.536/1287.8855
=3.30 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Jiangsu Jinling Sports Equipment Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=83.305/( (1297.186+1278.585)/ 2 )
=83.305/1287.8855
=0.06

* 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.

Jiangsu Jinling Sports Equipment Co Total Assets Related Terms

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Jiangsu Jinling Sports Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Haifeng Road, Nanfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215600
Jiangsu Jinling Sports Equipment Co Ltd is a sports equipment integrated service provider in China. The company is engaged in the development, production, sales and sports events of sports equipment and venue facilities. Its products portfolio includes ball equipment, track and field equipment, and others. It offers equipment for various kinds of sports events, including basketball, athletics, football, and others.
Executives
Li Jian Gang Directors, executives
Xu Yan Supervisors
Li Jian Feng Director
Sun Jun Directors, Directors, and Executives
Shi Xing Ping Directors, executives
Li Chun Rong Directors, executives
Zhao Yu Long Executives
Shi Yong Hua Director

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