If a company builds assets at 30.3% a year, faster than its revenue growth rate of 12.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Incar Financial Service Co's average Total Assets Growth Rate was 66.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 47.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 30.30% per year.
During the past 7 years, Incar Financial Service Co's highest 3-Year average Total Assets Growth Rate was 47.70%. The lowest was 16.10%. And the median was 22.10%.
* 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.
Incar Financial Service Co Total Assets Calculation
Total Assets are all the assets a company owns.
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.
* 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.
Incar Financial Service Co (XKRX:211050) 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.
Incar Financial Service 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.
Incar Financial Service Co Total Assets Related Terms
Thank you for viewing the detailed overview of Incar Financial Service Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Incar Financial Service Co (XKRX:211050) Business Description
Incar Financial Service Co Ltd is a financial sales company that provides all banking products such as banks and securities. It mainly engaged in insurance and pension-related business. The company also offers various customized comprehensive asset management consulting services.
Incar Financial Service Co (XKRX:211050) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:211050 has been successfully added to your 