Jinchuan Group International Resources Co (HKSE:02362) Total Assets : HK$16,950 Mil (As of Dec. 2023)

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What is Jinchuan Group International Resources Co Total Assets?

Jinchuan Group International Resources Co's Total Assets for the quarter that ended in Dec. 2023 was HK$16,950 Mil.

During the past 12 months, Jinchuan Group International Resources Co's average Total Assets Growth Rate was 7.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 13 years, Jinchuan Group International Resources Co's highest 3-Year average Total Assets Growth Rate was 392.20%. The lowest was -59.10%. And the median was 2.70%.

Total Assets is connected with ROA %. Jinchuan Group International Resources Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.09%. Total Assets is also linked to Revenue through Asset Turnover. Jinchuan Group International Resources Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Jinchuan Group International Resources Co Total Assets Historical Data

The historical data trend for Jinchuan Group International Resources 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.

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Jinchuan Group International Resources Co Total Assets Chart

Jinchuan Group International Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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13,615.91

13,708.03

15,899.60

15,800.69

16,950.25

Jinchuan Group International Resources Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															15,899.60	16,732.16	15,800.69	17,031.13	16,950.25

Jinchuan Group International Resources 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.

Jinchuan Group International Resources 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 )
	=	8979.458	+	7970.791
	=	16,950

Jinchuan Group International Resources Co'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 )
	=	8979.458	+	7970.791
	=	16,950

Jinchuan Group International Resources Co (HKSE:02362) Total Assets Explanation

Total Assets is connected with ROA %.

Jinchuan Group International Resources Co'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 )
	=	14.73	/	( (17031.127	+	16950.249)	/ 2 )
	=	14.73	/	16990.688
	=	0.09 %

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.

Jinchuan Group International Resources Co'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 )
=	2434.666	/	( (17031.127	+	16950.249)	/ 2 )
=	2434.666	/	16990.688
=	0.14

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.

Jinchuan Group International Resources Co Total Assets Related Terms

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Jinchuan Group International Resources Co (HKSE:02362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jinchuan Group International Resources Co Ltd (HKSE:02362) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

JGRRF:USA GDZD:Germany

Address

95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG

Website

http://www.jinchuan-intl.com

Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Jin Chuan Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si	2101 Beneficial owner
Gan Su Sheng Jing Ji He Zuo Zong Gong Si	2101 Beneficial owner

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