During the past 12 months, Yantai Changyu Pioneer Wine Co's average Total Assets Growth Rate was -2.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.
During the past 13 years, Yantai Changyu Pioneer Wine Co's highest 3-Year average Total Assets Growth Rate was 27.90%. The lowest was -2.50%. And the median was 16.00%.
* 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.
Yantai Changyu Pioneer Wine 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.
* 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.
Yantai Changyu Pioneer Wine Co (SZSE:000869) Total Assets Explanation
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.
Yantai Changyu Pioneer Wine Co's Asset Turnover for the quarter that ended in Mar. 2024 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.
Yantai Changyu Pioneer Wine Co Total Assets Related Terms
Thank you for viewing the detailed overview of Yantai Changyu Pioneer Wine Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Yantai Changyu Pioneer Wine Co (SZSE:000869) Business Description
Yantai Changyu Pioneer Wine Co Ltd produces and sells wine, brandy, and champagne. The company's brands include Changyu, Jiebaina, AFIP, Koyac, and Tinlot Reserva. Wine sales account for more than three-quarters of the company's total revenue. Yantai possesses vineyards in several Chinese provinces suitable for wine grape growing, such as Shandong, Ningxia, Xinjiang, Liaoning, Hebei, and Shanxi. Nearly all of the company's sales are in China, with the small amount of remaining revenue coming from France and Spain.
Yantai Changyu Pioneer Wine Co (SZSE:000869) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000869 has been successfully added to your 