Jiuzi Holdings (Jiuzi Holdings) Total Assets : $11.39 Mil (As of Oct. 2023)

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What is Jiuzi Holdings Total Assets?

Jiuzi Holdings's Total Assets for the quarter that ended in Oct. 2023 was $11.39 Mil.

During the past 12 months, Jiuzi Holdings's average Total Assets Growth Rate was -18.20% per year. During the past 3 years, the average Total Assets Growth Rate was -3.00% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year.

During the past 6 years, Jiuzi Holdings's highest 3-Year average Total Assets Growth Rate was 23.40%. The lowest was -3.00%. And the median was 23.10%.

Total Assets is connected with ROA %. Jiuzi Holdings's annualized ROA % for the quarter that ended in Oct. 2023 was -52.31%. Total Assets is also linked to Revenue through Asset Turnover. Jiuzi Holdings's Asset Turnover for the quarter that ended in Oct. 2023 was 0.46.

Jiuzi Holdings Total Assets Historical Data

The historical data trend for Jiuzi 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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Jiuzi Holdings Total Assets Chart

Jiuzi Holdings Annual Data

Trend

Oct18

Oct19

Oct20

Apr21

Oct22

Oct23

Total Assets

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7.07

11.91

14.52

15.33

11.39

Jiuzi Holdings Semi-Annual Data
	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial						28.15	27.52	15.33	10.41	11.39

Jiuzi 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.

Jiuzi Holdings's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	4.299	+	7.091
	=	11.39

Jiuzi Holdings's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	4.299	+	7.091
	=	11.39

Jiuzi Holdings (NAS:JZXN) Total Assets Explanation

Total Assets is connected with ROA %.

Jiuzi Holdings's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-5.702	/	( (10.41	+	11.39)	/ 2 )
	=	-5.702	/	10.9
	=	-52.31 %

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

Jiuzi Holdings's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	5.005	/	( (10.41	+	11.39)	/ 2 )
=	5.005	/	10.9
=	0.46

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.

Jiuzi Holdings Total Assets Related Terms

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Jiuzi Holdings (Jiuzi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiuzi Holdings Inc (NAS:JZXN) » Definitions » Total Assets

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Address

No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000

Website

http://m.zjjzxny.cn

Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and Franchisees service. The company generates a majority of its revenue from NEVs segment. Geographically, the firm operates in China.