JiaChen Holding Group (HKSE:01937) Total Assets : HK$528.4 Mil (As of Dec. 2023)

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What is JiaChen Holding Group Total Assets?

JiaChen Holding Group's Total Assets for the quarter that ended in Dec. 2023 was HK$528.4 Mil.

During the past 12 months, JiaChen Holding Group's average Total Assets Growth Rate was 7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 6.70% per year.

During the past 8 years, JiaChen Holding Group's highest 3-Year average Total Assets Growth Rate was 14.90%. The lowest was 5.40%. And the median was 7.50%.

Total Assets is connected with ROA %. JiaChen Holding Group's annualized ROA % for the quarter that ended in Dec. 2023 was 1.17%. Total Assets is also linked to Revenue through Asset Turnover. JiaChen Holding Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

JiaChen Holding Group Total Assets Historical Data

The historical data trend for JiaChen Holding Group'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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JiaChen Holding Group Total Assets Chart

JiaChen Holding Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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400.01

469.19

524.14

500.08

528.44

JiaChen Holding Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									524.14	501.17	500.08	537.52	528.44

JiaChen Holding Group 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.

JiaChen Holding Group'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 )
	=	342.393	+	186.044
	=	528.4

JiaChen Holding Group'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 )
	=	342.393	+	186.044
	=	528.4

JiaChen Holding Group (HKSE:01937) Total Assets Explanation

Total Assets is connected with ROA %.

JiaChen Holding Group'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 )
	=	6.22	/	( (537.523	+	528.437)	/ 2 )
	=	6.22	/	532.98
	=	1.17 %

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.

JiaChen Holding Group'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 )
=	161.811	/	( (537.523	+	528.437)	/ 2 )
=	161.811	/	532.98
=	0.30

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.

JiaChen Holding Group Total Assets Related Terms

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JiaChen Holding Group (HKSE:01937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu, Changzhou, CHN

Website

https://www.jiachencn.com.cn

JiaChen Holding Group Ltd is engaged in manufacturing and sales of access flooring products and provide related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in the China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. Geographical presence of the company is in Hong Kong, Hong Kong, PRC and Other country and regions.

Executives

Shen Min	2201 Interest of corporation controlled by you
Zhang Yaying	2202 Interest of your spouse
Global Yunhong Group Limited	2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Liu Hui	2202 Interest of your spouse
Shen Minghui	2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si	2101 Beneficial owner

JiaChen Holding Group (HKSE:01937) Headlines

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