Jintai Energy Holdings (HKSE:02728) Total Assets : HK$305 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Jintai Energy Holdings Total Assets?

Jintai Energy Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$305 Mil.

During the past 12 months, Jintai Energy Holdings's average Total Assets Growth Rate was -40.70% per year. During the past 3 years, the average Total Assets Growth Rate was -44.20% per year. During the past 5 years, the average Total Assets Growth Rate was -20.30% per year. During the past 10 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 13 years, Jintai Energy Holdings's highest 3-Year average Total Assets Growth Rate was 85.00%. The lowest was -44.20%. And the median was 3.90%.

Total Assets is connected with ROA %. Jintai Energy Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 11.41%. Total Assets is also linked to Revenue through Asset Turnover. Jintai Energy Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 4.05.

Jintai Energy Holdings Total Assets Historical Data

The historical data trend for Jintai Energy Holdings'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.

Jintai Energy Holdings Total Assets Chart

Jintai Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,702.26

1,725.44

1,028.98

520.66

304.73

Jintai Energy Holdings 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															1,028.98	807.45	520.66	335.76	304.73

Jintai Energy Holdings 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.

Jintai Energy Holdings'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 )
	=	85.794	+	218.94
	=	305

Jintai Energy Holdings'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 )
	=	85.794	+	218.94
	=	305

Jintai Energy Holdings (HKSE:02728) Total Assets Explanation

Total Assets is connected with ROA %.

Jintai Energy Holdings'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 )
	=	36.532	/	( (335.763	+	304.734)	/ 2 )
	=	36.532	/	320.2485
	=	11.41 %

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.

Jintai Energy Holdings'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 )
=	1297.289	/	( (335.763	+	304.734)	/ 2 )
=	1297.289	/	320.2485
=	4.05

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.

Jintai Energy Holdings Total Assets Related Terms

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

Jintai Energy Holdings (HKSE:02728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jintai Energy Holdings Ltd (HKSE:02728) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 111 Liyi Road, Golden Phoenix Building, Lijin County, Shandong Province, Dongying, CHN

Website

http://www.jintaienergy.com

Jintai Energy Holdings Ltd is engaged in the manufacturing and trading business. The segments of the group are Energy business, Drilling services, Speaker business, Operation of digital energy trading parks, Transportation services, Services business of customs declaration and Electronic products. It derives prime revenue from the Energy business which involves mainly the trading of fuel oil and kerosene. The group generates key revenue from the PRC.

Executives

Chen Jinle
Cui Xianguo	2201 Interest of corporation controlled by you
Super Wise International Investment Limited	2101 Beneficial owner
Qilu International Funds Spc (acting For And On Behalf Of Zhongtai Dingfeng Classified Fund Sp)	2106 Person having a security interest in shares
Zhongtai International Asset Management (singapore) Pte. Ltd.	2102 Investment manager
Zhongtai International Asset Management Limited	2102 Investment manager
Hong Kong Moral Co-operation Investment Limited	2101 Beneficial owner
Niu Guangchang	2201 Interest of corporation controlled by you
Winwin International Strategic Investment Funds Spc	2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited	2102 Investment manager
Lin Ai Hua	2202 Interest of your spouse
Lin Cai Huo	2101 Beneficial owner
Oriental Gold Honour Joy International Holdings Limited	2101 Beneficial owner

Jintai Energy Holdings (HKSE:02728) Headlines

No Headlines