Jinxin Fertility Group's Total Assets for the quarter that ended in Dec. 2023 was HK$16,293 Mil.
Warning Sign:
If a company builds assets at 25.4% a year, faster than its revenue growth rate of 16.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Jinxin Fertility Group's average Total Assets Growth Rate was -0.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 24.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 25.40% per year.
During the past 8 years, Jinxin Fertility Group's highest 3-Year average Total Assets Growth Rate was 114.90%. The lowest was 24.60%. And the median was 35.00%.
* 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.
Jinxin Fertility Group'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.
Jinxin Fertility Group (HKSE:01951) Total Assets Explanation
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.
Jinxin Fertility Group's Asset Turnover for the quarter that ended in Dec. 2023 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.
Jinxin Fertility Group Total Assets Related Terms
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Jinxin Fertility Group (HKSE:01951) Business Description
Jinxin Fertility Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing IVF services in both China and the United States. The firm generates its revenue from Assisted reproductive services, management services, and ancillary medical services. Geographically, it generates a majority of its revenue from the People's Republic of China.
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