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Yangzijiang Financial Holding (Yangzijiang Financial Holding) Total Assets : $3,134.9 Mil (As of Dec. 2023)


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What is Yangzijiang Financial Holding Total Assets?

Yangzijiang Financial Holding's Total Assets for the quarter that ended in Dec. 2023 was $3,134.9 Mil.

During the past 12 months, Yangzijiang Financial Holding's average Total Assets Growth Rate was 20.20% per year. During the past 3 years, the average Total Assets Growth Rate was -8.50% per year.

During the past 5 years, Yangzijiang Financial Holding's highest 3-Year average Total Assets Growth Rate was -2.80%. The lowest was -8.50%. And the median was -5.65%.

Total Assets is connected with ROA %. Yangzijiang Financial Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 1.90%. Total Assets is also linked to Revenue through Asset Turnover. Yangzijiang Financial Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Yangzijiang Financial Holding Total Assets Historical Data

The historical data trend for Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding Total Assets Chart

Yangzijiang Financial Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
2,669.09 3,633.73 3,227.16 3,111.37 3,134.90

Yangzijiang Financial Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 3,227.16 3,260.06 3,111.37 3,071.81 3,134.90

Yangzijiang Financial Holding 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.

Yangzijiang Financial Holding'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 )
=2937.872+197.024
=3,134.9

Yangzijiang Financial Holding's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=2937.872+197.024
=3,134.9

* 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.


Yangzijiang Financial Holding  (OTCPK:YNGFF) Total Assets Explanation

Total Assets is connected with ROA %.

Yangzijiang Financial Holding's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=58.98/( (3071.806+3134.896)/ 2 )
=58.98/3103.351
=1.90 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Yangzijiang Financial Holding's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=128.15/( (3071.806+3134.896)/ 2 )
=128.15/3103.351
=0.04

* 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.

Yangzijiang Financial Holding Total Assets Related Terms

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Yangzijiang Financial Holding (Yangzijiang Financial Holding) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619
Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

Yangzijiang Financial Holding (Yangzijiang Financial Holding) Headlines

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