GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ZJK Industrial Co Ltd (NAS:ZJK) » Definitions » Total Assets

ZJK (ZJK Industrial Co) Total Assets : $41.95 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is ZJK Industrial Co Total Assets?

ZJK Industrial Co's Total Assets for the quarter that ended in Jun. 2024 was $41.95 Mil.

During the past 12 months, ZJK Industrial Co's average Total Assets Growth Rate was 34.20% per year.

Total Assets is connected with ROA %. ZJK Industrial Co's annualized ROA % for the quarter that ended in Jun. 2024 was 27.06%. Total Assets is also linked to Revenue through Asset Turnover. ZJK Industrial Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.40.

ZJK Industrial Co Total Assets Historical Data

The historical data trend for ZJK Industrial 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.

ZJK Industrial Co Total Assets Chart

ZJK Industrial Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
24.24 32.10 38.28

ZJK Industrial Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial - 32.10 28.45 38.28 41.95

ZJK Industrial 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.

ZJK Industrial 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 )
=21.702+16.578
=38.28

ZJK Industrial 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 )
=26.148+15.8
=41.95

* 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.

ZJK Industrial Co  (NAS:ZJK) Total Assets Explanation

Total Assets is connected with ROA %.

ZJK Industrial Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=10.854/( (38.28+41.948)/ 2 )
=10.854/40.114
=27.06 %

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

ZJK Industrial Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=16.23/( (38.28+41.948)/ 2 )
=16.23/40.114
=0.40

* 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.

ZJK Industrial Co Total Assets Related Terms

Thank you for viewing the detailed overview of ZJK Industrial Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

ZJK Industrial Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ZJK Industrial Co Ltd (NAS:ZJK) » Definitions » Total Assets
Comparable Companies
LXFR PKOH GHM OFLX SERV RR NPWR CRAWA SHMD CHMX XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR TSE:7011 XTER:ENR CMI
Traded in Other Exchanges
N/A
Address
No.8, Jingqiang Road, 138 Industrial Zone, Xiuxin Community, Kengzi Town, Pingshan New Area, Shenzhen, CHN, 518122
Website
https://www.zjk-industrial.com
ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control (CNC) machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment.