If a company builds assets at 23.3% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lvgem (China) Real Estate Investment Co's average Total Assets Growth Rate was -0.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 23.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.40% per year.
During the past 13 years, Lvgem (China) Real Estate Investment Co's highest 3-Year average Total Assets Growth Rate was 172.70%. The lowest was 2.20%. And the median was 28.20%.
* 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.
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Lvgem (China) Real Estate Investment Co Total Assets Chart
Lvgem (China) Real Estate Investment Co Annual Data
Lvgem (China) Real Estate Investment 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.
Lvgem (China) Real Estate Investment Co (HKSE:00095) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jun. 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.
Lvgem (China) Real Estate Investment Co's Asset Turnover for the quarter that ended in Jun. 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.
Lvgem (China) Real Estate Investment Co Total Assets Related Terms
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Lvgem (China) Real Estate Investment Co Business Description
Lvgem (China) Real Estate Investment Co Ltd is a real estate developer and a commercial property operator. The company's reportable segments are Real estate development and sales segment include sales of properties; Commercial property investment and operations segment include lease of commercial properties, office premises, apartments and car parks and Comprehensive services segment includes hotel operation, property management service.The majority of its revenue is earned through Real estate development and sales segment. The Company's operations are located in the Mainland China, Hong Kong, the United States of America and Cambodia.
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