China Jo-Jo Drugstores (FRA:7QL) Total Assets : €88.8 Mil (As of Sep. 2023)

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What is China Jo-Jo Drugstores Total Assets?

China Jo-Jo Drugstores's Total Assets for the quarter that ended in Sep. 2023 was €88.8 Mil.

During the past 12 months, China Jo-Jo Drugstores's average Total Assets Growth Rate was -13.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.00% per year. During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 13 years, China Jo-Jo Drugstores's highest 3-Year average Total Assets Growth Rate was 39.70%. The lowest was -8.70%. And the median was 4.80%.

Total Assets is connected with ROA %. China Jo-Jo Drugstores's annualized ROA % for the quarter that ended in Sep. 2023 was -1.99%. Total Assets is also linked to Revenue through Asset Turnover. China Jo-Jo Drugstores's Asset Turnover for the quarter that ended in Sep. 2023 was 0.85.

China Jo-Jo Drugstores Total Assets Historical Data

The historical data trend for China Jo-Jo Drugstores'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.

China Jo-Jo Drugstores Total Assets Chart

China Jo-Jo Drugstores Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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64.37

90.06

89.30

96.60

84.97

China Jo-Jo Drugstores Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															99.35	96.60	102.78	84.97	88.80

China Jo-Jo Drugstores 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.

China Jo-Jo Drugstores's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	15.567	+	69.399
	=	85.0

China Jo-Jo Drugstores's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	16.433	+	72.365
	=	88.8

China Jo-Jo Drugstores (FRA:7QL) Total Assets Explanation

Total Assets is connected with ROA %.

China Jo-Jo Drugstores's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.732	/	( (84.967	+	88.798)	/ 2 )
	=	-1.732	/	86.8825
	=	-1.99 %

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

China Jo-Jo Drugstores's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	73.624	/	( (84.967	+	88.798)	/ 2 )
=	73.624	/	86.8825
=	0.85

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.

China Jo-Jo Drugstores Total Assets Related Terms

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China Jo-Jo Drugstores (FRA:7QL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Jo-Jo Drugstores Inc (FRA:7QL) » Definitions » Total Assets

Comparable Companies

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CJJD:USA

Address

386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008

Website

http://www.jiuzhou360.com

China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

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