If a company builds assets at 12.7% a year, faster than its revenue growth rate of 3.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, JiLin JiuTai Rural Commercial Bank's average Total Assets Growth Rate was 2.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.30% per year.
During the past 11 years, JiLin JiuTai Rural Commercial Bank's highest 3-Year average Total Assets Growth Rate was 37.70%. The lowest was 3.80%. And the median was 12.30%.
* 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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JiLin JiuTai Rural Commercial Bank Total Assets Chart
JiLin JiuTai Rural Commercial Bank 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.
JiLin JiuTai Rural Commercial Bank (HKSE:06122) 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.
JiLin JiuTai Rural Commercial Bank'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.
JiLin JiuTai Rural Commercial Bank Total Assets Related Terms
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JiLin JiuTai Rural Commercial Bank (HKSE:06122) Business Description
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.
JiLin JiuTai Rural Commercial Bank (HKSE:06122) Headlines
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