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Yijia Group (Yijia Group) Total Assets : $0.96 Mil (As of Jan. 2024)


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What is Yijia Group Total Assets?

Yijia Group's Total Assets for the quarter that ended in Jan. 2024 was $0.96 Mil.

Total Assets is connected with ROA %. Yijia Group's annualized ROA % for the quarter that ended in Jan. 2024 was 2.49%. Total Assets is also linked to Revenue through Asset Turnover. Yijia Group's Asset Turnover for the quarter that ended in Jan. 2024 was 0.03.


Yijia Group Total Assets Historical Data

The historical data trend for Yijia Group'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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Yijia Group Total Assets Chart

Yijia Group Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Assets
Get a 7-Day Free Trial - - - 0.02 0.01

Yijia Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.01 0.01 - - 0.96

Yijia Group 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.

Yijia Group's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets=Total Equity (A: Apr. 2023 )+Total Liabilities (A: Apr. 2023 )
=-0.059+0.068
=0.01

Yijia Group's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=0.871+0.094
=0.97

* 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.


Yijia Group  (OTCPK:YJGJ) Total Assets Explanation

Total Assets is connected with ROA %.

Yijia Group's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.024/( (0+0.964)/ 1 )
=0.024/0.964
=2.49 %

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

Yijia Group's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.026/( (0+0.964)/ 1 )
=0.026/0.964
=0.03

* 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.

Yijia Group Total Assets Related Terms

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Yijia Group (Yijia Group) Business Description

Traded in Other Exchanges
N/A
Address
30 N Gould Street, Suite 22545, Sheridan, WY, USA, 82801
Yijia Group Corp provides business consulting services to domestic and international customers. The Company provides consulting services to its clients with regards to funding and other financial matters.

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