If a company builds assets at 13.4% a year, faster than its revenue growth rate of 4.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hi-Think Yondervision (Beijing) Tech Co's average Total Assets Growth Rate was 20.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 29.60% per year.
During the past 11 years, Hi-Think Yondervision (Beijing) Tech Co's highest 3-Year average Total Assets Growth Rate was 59.10%. The lowest was -0.90%. And the median was 35.05%.
* 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.
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Hi-Think Yondervision (Beijing) Tech Co Total Assets Chart
Hi-Think Yondervision (Beijing) Tech Co Annual Data
Hi-Think Yondervision (Beijing) Tech 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.
Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Hi-Think Yondervision (Beijing) Tech Co's Asset Turnover for the quarter that ended in Sep. 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.
Hi-Think Yondervision (Beijing) Tech Co Total Assets Related Terms
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Hi-Think Yondervision (Beijing) Tech Co Business Description
Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.
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