JZJ Chain Drugstore's Total Assets for the quarter that ended in Mar. 2024 was ¥10,056 Mil.
Warning Sign:
If a company builds assets at 53.8% a year, faster than its revenue growth rate of 16% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, JZJ Chain Drugstore's average Total Assets Growth Rate was 8.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 48.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 53.80% per year.
During the past 10 years, JZJ Chain Drugstore's highest 3-Year average Total Assets Growth Rate was 77.70%. The lowest was 13.70%. And the median was 34.90%.
The historical data trend for JZJ Chain Drugstore'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.
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.
JZJ Chain Drugstore's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
JZJ Chain Drugstore (SHSE:605266) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) 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.
JZJ Chain Drugstore's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
JZJ Chain Drugstore Total Assets Related Terms
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JZJ Chain Drugstore (SHSE:605266) Business Description
Jianzhijia Pharmaceutical Chain Group Co Ltd is engaged in the retail chain business of health products such as medicines, health foods, personal care products, household health products, convenience foods, and daily consumables and provides related professional services.
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