If a company builds assets at 38.8% a year, faster than its revenue growth rate of 13.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, China 21st Century Education Group's average Total Assets Growth Rate was 19.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 35.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 38.80% per year.
During the past 9 years, China 21st Century Education Group's highest 3-Year average Total Assets Growth Rate was 52.80%. The lowest was -1.80%. And the median was 39.00%.
* 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 21st Century Education Group Total Assets Chart
China 21st Century Education Group 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.
China 21st Century Education Group (HKSE:01598) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (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.
China 21st Century Education Group'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.
China 21st Century Education Group Total Assets Related Terms
Thank you for viewing the detailed overview of China 21st Century Education Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
China 21st Century Education Group (HKSE:01598) Business Description
China 21st Century Education Group Ltd is an investment holding company. It is engaged in the provision of education services and related management services. The company's operating segments are Vocational education and Non-vocational education. It generates a majority of its revenue from the Vocational education business segment. Geographically, the firm generates its revenue from Mainland China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01598 has been successfully added to your 