Everbright Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ¥259,604 Mil.
During the past 12 months, Everbright Securities Co's average Total Assets Growth Rate was 6.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.10% per year.
During the past 13 years, Everbright Securities Co's highest 3-Year average Total Assets Growth Rate was 146.80%. The lowest was -7.60%. And the median was 20.20%.
* 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.
Everbright Securities 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.
Everbright Securities Co (SHSE:601788) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Everbright Securities Co'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.
Everbright Securities Co Total Assets Related Terms
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Everbright Securities Co (SHSE:601788) Business Description
Everbright Securities Co Ltd is a China-based company is engaged in providing brokerage and investment consulting services. The Company's business includes wealth management business segment, corporate financing business segment, institutional customer business segment, investment trading business segment, asset management business segment and equity investment business segment. The company generates the majority of its revenue from wealth management business segment.
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