Sinofert Holdings's Total Assets for the quarter that ended in Dec. 2023 was €2,823 Mil.
During the past 12 months, Sinofert Holdings's average Total Assets Growth Rate was 1.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.40% per year.
During the past 10 years, the average Total Assets Growth Rate was -5.50% per year.
During the past 13 years, Sinofert Holdings's highest 3-Year average Total Assets Growth Rate was 401.50%. The lowest was -28.00%. And the median was 0.70%.
The historical data trend for Sinofert Holdings'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.
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.
Sinofert Holdings'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.
Sinofert Holdings (FRA:WCQ1) 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.
Sinofert Holdings'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.
Sinofert Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Sinofert Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinofert Holdings Ltd is an investment holding company. The company operates in two segments: Basic Fertilizers Segment, Distribution Segment, and Production Segment. The Basic Fertilizers Segment is engaged in the sales of straight fertilizers such as nitrogen, phosphate, and potash. The Distribution segment engages in the building of distribution channels, procurement, and sales of compound fertilizers and new types of fertilizers. The Production Segment is responsible for the production and sales of fertilizers and MCP/DCP. The majority of its revenue comes from the Basic Fertilizers segment. Geographically, the company generates majority of its revenue from Mainland China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:WCQ1 has been successfully added to your 