During the past 12 months, Yinbang Clad Material Co's average Total Assets Growth Rate was 27.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.30% per year.
During the past 13 years, Yinbang Clad Material Co's highest 3-Year average Total Assets Growth Rate was 36.40%. The lowest was 2.50%. And the median was 9.10%.
* 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.
Yinbang Clad Material 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.
Yinbang Clad Material Co (SZSE:300337) 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.
Yinbang Clad Material 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.
Yinbang Clad Material Co Total Assets Related Terms
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Yinbang Clad Material Co (SZSE:300337) Business Description
Yinbang Clad Material Co Ltd is focusing on the research and development and production of aluminum clad material and multi-metal clad material. In addition, the company also focuses on metal processing, 3D printing and material research and development, sales and after-sale services. Its products are widely applied in fields like automobile heat exchangers, engineering machinery, air cooling in power station, rail transit, household appliances, aerospace, cellphone, and shipping.
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