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China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Total Assets : $581.5 Mil (As of Jun. 2014)


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What is China Taifeng Beddings Holdings Total Assets?

China Taifeng Beddings Holdings's Total Assets for the quarter that ended in Jun. 2014 was $581.5 Mil.

Warning Sign:

If a company builds asset at 23.4% a year, faster than its revenue growth rate of 11.9% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, China Taifeng Beddings Holdings's average Total Assets Growth Rate was 20.40% per year. During the past 3 years, the average Total Assets Growth Rate was 23.00% per year. During the past 5 years, the average Total Assets Growth Rate was 23.40% per year.

During the past 7 years, China Taifeng Beddings Holdings's highest 3-Year average Total Assets Growth Rate was 29.00%. The lowest was 19.40%. And the median was 22.70%.

Total Assets is connected with ROA %. China Taifeng Beddings Holdings's annualized ROA % for the quarter that ended in Jun. 2014 was 2.19%. Total Assets is also linked to Revenue through Asset Turnover. China Taifeng Beddings Holdings's Asset Turnover for the quarter that ended in Jun. 2014 was 0.18.


China Taifeng Beddings Holdings Total Assets Historical Data

The historical data trend for China Taifeng Beddings Holdings'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.

* Premium members only.

China Taifeng Beddings Holdings Total Assets Chart

China Taifeng Beddings Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets
Get a 7-Day Free Trial 171.35 314.30 354.25 481.06 583.80

China Taifeng Beddings Holdings Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 404.17 481.06 557.59 583.80 581.48

China Taifeng Beddings Holdings 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.

China Taifeng Beddings Holdings's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=382.686+201.111
=583.8

China Taifeng Beddings Holdings's Total Assets for the quarter that ended in Jun. 2014 is calculated as

Total Assets=Total Equity (Q: Jun. 2014 )+Total Liabilities (Q: Jun. 2014 )
=379.428+202.05
=581.5

* 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.


China Taifeng Beddings Holdings  (OTCPK:CBEDF) Total Assets Explanation

Total Assets is connected with ROA %.

China Taifeng Beddings Holdings's annualized ROA % for the quarter that ended in Jun. 2014 is

ROA %=Net Income (Q: Jun. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Jun. 2014 ))/ count )
=12.746/( (583.796+581.479)/ 2 )
=12.746/582.6375
=2.19 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2014) 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.

China Taifeng Beddings Holdings's Asset Turnover for the quarter that ended in Jun. 2014 is

Asset Turnover
=Revenue (Q: Jun. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Jun. 2014 ))/ count )
=106.804/( (583.796+581.479)/ 2 )
=106.804/582.6375
=0.18

* 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.

China Taifeng Beddings Holdings Total Assets Related Terms

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China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Business Description

Traded in Other Exchanges
N/A
Address
China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Headlines

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