ANTA Sports Products's Total Assets for the quarter that ended in Dec. 2023 was $12,917 Mil.
Warning Sign:
If a company builds assets at 24.9% a year, faster than its revenue growth rate of 18.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, ANTA Sports Products's average Total Assets Growth Rate was 29.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 30.50% per year.
During the past 13 years, ANTA Sports Products's highest 3-Year average Total Assets Growth Rate was 60.20%. The lowest was 8.30%. And the median was 29.70%.
The historical data trend for ANTA Sports Products'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.
ANTA Sports Products'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.
ANTA Sports Products (OTCPK:ANPDF) 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.
ANTA Sports Products'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.
ANTA Sports Products Total Assets Related Terms
Thank you for viewing the detailed overview of ANTA Sports Products's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
ANTA Sports Products (ANTA Sports Products) Business Description
Anta Sports is the largest Chinese sportswear company, engaging in the design, manufacturing, and marketing of sportswear. Brands under Anta's management include the Anta core brand, Fila, Descente, Sprandi, Kolon, and KingKow. As of the end of 2020, the company had 12,260 stores, of which 9,922 were Anta stores and 2,006 were Fila stores.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ANPDF has been successfully added to your 