Hundsun Technologies's Total Assets for the quarter that ended in Dec. 2023 was ¥14,354 Mil.
Warning Sign:
If a company builds assets at 24.8% a year, faster than its revenue growth rate of 18.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hundsun Technologies's average Total Assets Growth Rate was 24.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 13 years, Hundsun Technologies's highest 3-Year average Total Assets Growth Rate was 46.30%. The lowest was -1.00%. And the median was 24.00%.
The historical data trend for Hundsun Technologies'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.
Hundsun Technologies's Total Assets for the fiscal year that ended in Dec. 2023 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.
Hundsun Technologies (SHSE:600570) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Hundsun Technologies'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.
Hundsun Technologies Total Assets Related Terms
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Hundsun Technologies (SHSE:600570) Business Description
Hundsun Technologies Inc provides financial software and network services in China. It offers integrated solutions and services to the institutions of securities, futures, funds, trust, insurance, bank, exchange, and private placement. The company also provides wealth management tools to individual investors.
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