JTF International Holdings (HKSE:09689) Total Assets : HK$522 Mil (As of Jun. 2023)

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What is JTF International Holdings Total Assets?

JTF International Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$522 Mil.

During the past 12 months, JTF International Holdings's average Total Assets Growth Rate was -21.80% per year. During the past 3 years, the average Total Assets Growth Rate was -6.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 9 years, JTF International Holdings's highest 3-Year average Total Assets Growth Rate was 48.20%. The lowest was -6.00%. And the median was 12.45%.

Total Assets is connected with ROA %. JTF International Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was -14.73%. Total Assets is also linked to Revenue through Asset Turnover. JTF International Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.85.

JTF International Holdings Total Assets Historical Data

The historical data trend for JTF International 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.

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JTF International Holdings Total Assets Chart

JTF International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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370.91

479.93

730.28

548.53

543.33

JTF International Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															-	548.53	-	521.80	543.33

JTF International 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.

JTF International 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 )
	=	471.964	+	71.367
	=	543

JTF International Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	448.324	+	73.47
	=	522

JTF International Holdings (HKSE:09689) Total Assets Explanation

Total Assets is connected with ROA %.

JTF International Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-76.844	/	( (0	+	521.795)	/ 1 )
	=	-76.844	/	521.795
	=	-14.73 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

JTF International Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	445.371	/	( (0	+	521.795)	/ 1 )
=	445.371	/	521.795
=	0.85

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.

JTF International Holdings Total Assets Related Terms

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JTF International Holdings (HKSE:09689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JTF International Holdings Ltd (HKSE:09689) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Yanjiang Road, Shazhuang Tujiang Village, Shitan Town, Zengcheng District, Guangdong Province, Guangzhou, CHN

Website

https://www.jtfoil.com

JTF International Holdings Ltd is an investment holding company. It is engaged in the blending and sale of fuel oil, refined oil, and other petrochemicals in China. Its products are primarily used as fuels in marine vessels, vehicles, & machinery equipment, for retail sale at gas stations, and as raw materials for oil refineries. It generates the majority of its revenue from the sale of refined oil.

Executives

Xu Yayi	2201 Interest of corporation controlled by you
Kang Shi Tou Zi You Xian Gong Si	2101 Beneficial owner
Huang Sizhen	2202 Interest of your spouse
Xu Ziming	2201 Interest of corporation controlled by you
Choi Sio Peng	2201 Interest of corporation controlled by you
Xing Ming You Xian Gong Si	2101 Beneficial owner

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