Ingenic Semiconductor Co's Total Assets for the quarter that ended in Mar. 2024 was ¥12,668 Mil.
Warning Sign:
If a company builds assets at 97.2% a year, faster than its revenue growth rate of 62.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Ingenic Semiconductor Co's average Total Assets Growth Rate was -3.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 97.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 45.50% per year.
During the past 13 years, Ingenic Semiconductor Co's highest 3-Year average Total Assets Growth Rate was 165.00%. The lowest was -28.20%. And the median was 50.10%.
* 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.
Ingenic Semiconductor Co'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.
Ingenic Semiconductor Co (SZSE:300223) 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.
Ingenic Semiconductor 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.
Ingenic Semiconductor Co Total Assets Related Terms
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Ingenic Semiconductor Co (SZSE:300223) Business Description
Ingenic Semiconductor Co Ltd is a China-based company engaged in the research and development, manufacture, and sale of central processing unit (CPU) chips and supporting software platform. It offers solutions for wearables and consumer devices markets, which cover smart Internet of things, smart videos, smart wearables, and CPU technology products.
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