Jiangsu Lopal Tech Co (HKSE:02465) Total Assets : HK$17,941 Mil (As of Sep. 2024)

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What is Jiangsu Lopal Tech Co Total Assets?

Jiangsu Lopal Tech Co's Total Assets for the quarter that ended in Sep. 2024 was HK$17,941 Mil.

Warning Sign:

If a company builds assets at 68% a year, faster than its revenue growth rate of 47.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Jiangsu Lopal Tech Co's average Total Assets Growth Rate was -3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 91.70% per year. During the past 5 years, the average Total Assets Growth Rate was 68.00% per year. During the past 10 years, the average Total Assets Growth Rate was 41.00% per year.

During the past 12 years, Jiangsu Lopal Tech Co's highest 3-Year average Total Assets Growth Rate was 97.50%. The lowest was 11.20%. And the median was 35.30%.

Total Assets is connected with ROA %. Jiangsu Lopal Tech Co's annualized ROA % for the quarter that ended in Sep. 2024 was -1.98%. Total Assets is also linked to Revenue through Asset Turnover. Jiangsu Lopal Tech Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.13.

Jiangsu Lopal Tech Co Total Assets Historical Data

The historical data trend for Jiangsu Lopal Tech 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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Jiangsu Lopal Tech Co Total Assets Chart

Jiangsu Lopal Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,414.32

3,504.03

7,475.48

16,405.29

18,842.34

Jiangsu Lopal Tech Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															19,302.47	18,842.34	19,036.45	18,541.81	17,940.60

Jiangsu Lopal Tech 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.

Jiangsu Lopal Tech 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 )
	=	4573.162	+	14269.178
	=	18,842

Jiangsu Lopal Tech Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	4305.936	+	13634.662
	=	17,941

Jiangsu Lopal Tech Co (HKSE:02465) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangsu Lopal Tech Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-360.668	/	( (18541.805	+	17940.598)	/ 2 )
	=	-360.668	/	18241.2015
	=	-1.98 %

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

Jiangsu Lopal Tech Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2303.474	/	( (18541.805	+	17940.598)	/ 2 )
=	2303.474	/	18241.2015
=	0.13

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.

Jiangsu Lopal Tech Co Total Assets Related Terms

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Jiangsu Lopal Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jiangsu Lopal Tech Co Ltd (HKSE:02465) » Definitions » Total Assets

Traded in Other Exchanges

603906:China

Address

No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038

Website

https://www.lopal.cn

Jiangsu Lopal Tech Co Ltd is engaged in research & development, production and sales of environmentally friendly fine chemicals for automobiles.

Executives

Guotai Junan International Holdings Limited	2201 Interest of corporation controlled by you
Guotai Junan Securities Co., Ltd	2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Ubs Ag	2106 Person having a security interest in shares

Jiangsu Lopal Tech Co Headlines

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