J Pond Precision Technology Co (SZSE:301326) Total Assets : ¥1,629.7 Mil (As of Mar. 2024)

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What is J Pond Precision Technology Co Total Assets?

J Pond Precision Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,629.7 Mil.

During the past 12 months, J Pond Precision Technology Co's average Total Assets Growth Rate was 20.30% per year. During the past 3 years, the average Total Assets Growth Rate was 19.20% per year. During the past 5 years, the average Total Assets Growth Rate was 30.60% per year.

During the past 6 years, J Pond Precision Technology Co's highest 3-Year average Total Assets Growth Rate was 40.60%. The lowest was 19.20%. And the median was 33.80%.

Total Assets is connected with ROA %. J Pond Precision Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.25%. Total Assets is also linked to Revenue through Asset Turnover. J Pond Precision Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

J Pond Precision Technology Co Total Assets Historical Data

The historical data trend for J Pond Precision Technology Co'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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J Pond Precision Technology Co Total Assets Chart

J Pond Precision Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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488.14

752.35

908.72

1,739.06

1,612.27

J Pond Precision Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										1,674.29	1,660.57	1,640.33	1,612.27	1,629.66

J Pond Precision Technology Co 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.

J Pond Precision Technology Co'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 )
	=	1335.404	+	276.866
	=	1,612.3

J Pond Precision Technology Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1352.575	+	277.084
	=	1,629.7

J Pond Precision Technology Co (SZSE:301326) Total Assets Explanation

Total Assets is connected with ROA %.

J Pond Precision Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-20.312	/	( (1612.27	+	1629.659)	/ 2 )
	=	-20.312	/	1620.9645
	=	-1.25 %

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.

J Pond Precision Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	162.958	/	( (1612.27	+	1629.659)	/ 2 )
=	162.958	/	1620.9645
=	0.10

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.

J Pond Precision Technology Co Total Assets Related Terms

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J Pond Precision Technology Co (SZSE:301326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » J Pond Precision Technology Co Ltd (SZSE:301326) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, R&D 1st Road, Songshan Lake Park, Room 201, Building 1, Guangdong Province, Dongguan, CHN, 523808

Website

http://www.jpond.com.cn

J Pond Precision Technology Co Ltd is engaged in the design, development, production and sales of precision functional parts and structural parts.

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