Dali Foods Group Co's Total Assets for the quarter that ended in Dec. 2022 was $3,873 Mil.
During the past 12 months, Dali Foods Group Co's average Total Assets Growth Rate was -8.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.70% per year.
During the past 9 years, Dali Foods Group Co's highest 3-Year average Total Assets Growth Rate was 11.30%. The lowest was 3.30%. And the median was 7.35%.
The historical data trend for Dali Foods Group Co'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.
Dali Foods Group Co's Total Assets for the fiscal year that ended in Dec. 2022 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.
Dali Foods Group Co (OTCPK:DLLFF) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2022) 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.
Dali Foods Group Co's Asset Turnover for the quarter that ended in Dec. 2022 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.
Dali Foods Group Co Total Assets Related Terms
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Dali Foods Group Co (Dali Foods Group Co) Business Description
Dali Foods is one of the leading snack food and beverage companies in China with a diversified multibrand product portfolio focusing on high-growth product categories. The company offers six core product categories including bread, cakes and pastries (Daliyuan and Meibeichen); potato chips (Copico); biscuits (Haochidian); energy drinks (Hi-Tiger); soy milk (Doubendou); and herbal tea (Heqizheng). It markets its products through distributors as well as retail, e-commerce, specialty, and catering channels.
Dali Foods Group Co (Dali Foods Group Co) Headlines
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