GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Zhongxin Fruit and Juice Ltd (SGX:5EG) » Definitions » Total Assets

Zhongxin Fruit and Juice (SGX:5EG) Total Assets : S$45.26 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Zhongxin Fruit and Juice Total Assets?

Zhongxin Fruit and Juice's Total Assets for the quarter that ended in Dec. 2023 was S$45.26 Mil.

During the past 12 months, Zhongxin Fruit and Juice's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 1.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.70% per year. During the past 10 years, the average Total Assets Growth Rate was 4.70% per year.

During the past 13 years, Zhongxin Fruit and Juice's highest 3-Year average Total Assets Growth Rate was 15.00%. The lowest was -16.10%. And the median was 1.80%.

Total Assets is connected with ROA %. Zhongxin Fruit and Juice's annualized ROA % for the quarter that ended in Dec. 2023 was 2.42%. Total Assets is also linked to Revenue through Asset Turnover. Zhongxin Fruit and Juice's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.


Zhongxin Fruit and Juice Total Assets Historical Data

The historical data trend for Zhongxin Fruit and Juice'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.

Zhongxin Fruit and Juice Total Assets Chart

Zhongxin Fruit and Juice Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.14 41.05 40.44 40.06 43.78

Zhongxin Fruit and Juice 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.95 40.06 45.88 43.78 45.26

Zhongxin Fruit and Juice 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.

Zhongxin Fruit and Juice's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=25.333+18.444
=43.78

Zhongxin Fruit and Juice'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 )
=25.682+19.576
=45.26

* 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.


Zhongxin Fruit and Juice  (SGX:5EG) Total Assets Explanation

Total Assets is connected with ROA %.

Zhongxin Fruit and Juice'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 )
=1.078/( (43.777+45.258)/ 2 )
=1.078/44.5175
=2.42 %

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.

Zhongxin Fruit and Juice'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 )
=10.903/( (43.777+45.258)/ 2 )
=10.903/44.5175
=0.24

* 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.

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.

Zhongxin Fruit and Juice Total Assets Related Terms

Thank you for viewing the detailed overview of Zhongxin Fruit and Juice's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhongxin Fruit and Juice (SGX:5EG) Business Description

Traded in Other Exchanges
N/A
Address
25 International Business Park, No. 02-53 German Centre, Singapore, SGP, 609916
Website
Zhongxin Fruit and Juice Ltd are engaged in the production of fruit and vegetable juice concentrates and beverages. Its core business is a production of concentrated apple juice mainly for export to in the United States, European Union, South Africa, Canada, Japan and Australia. The concentrated apple juice produced is used as an ingredient in packet juice drinks, soft drinks, cider, yoghurt, and candies. The company also produces animal feed using apple pomace generated from the production process of apple juice concentrate.

Zhongxin Fruit and Juice (SGX:5EG) Headlines

No Headlines