If a company builds assets at 28.6% a year, faster than its revenue growth rate of 16.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Greentown Service Group Co's average Total Assets Growth Rate was 2.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 28.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 39.80% per year.
During the past 11 years, Greentown Service Group Co's highest 3-Year average Total Assets Growth Rate was 71.00%. The lowest was 17.30%. And the median was 43.25%.
* 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.
Greentown Service Group 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.
Greentown Service Group Co (HKSE:02869) 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.
Greentown Service Group Co'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.
Greentown Service Group Co Total Assets Related Terms
Thank you for viewing the detailed overview of Greentown Service Group Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Greentown Service Group Co (HKSE:02869) Business Description
Greentown Service Group, or GSG, is the sister company of property developer Greentown China. GSG is one of the first China property management firms listed in Hong Kong since July 2016. Headquartered in Hangzhou, GSG is a leading service provider in the Yangtze River Delta focusing on high-end residential properties, with core property management contributing to more than 60% of GSG's revenue. Other key earnings contributors include community value added services and project consultancy services to developers. The founding shareholders, who also control Greentown China, collectively own over a 40% stake in GSG in 2022. China property developer Longfor Group holds around 9% equity interest in GSG.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02869 has been successfully added to your 