HuaAn Securities Co's Total Assets for the quarter that ended in Mar. 2024 was ¥83,717 Mil.
Warning Sign:
If a company builds assets at 12% a year, faster than its revenue growth rate of 6.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, HuaAn Securities Co's average Total Assets Growth Rate was 4.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 15.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.30% per year.
During the past 13 years, HuaAn Securities Co's highest 3-Year average Total Assets Growth Rate was 92.70%. The lowest was -10.50%. And the median was 16.55%.
The historical data trend for HuaAn Securities Co'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.
HuaAn Securities Co'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.
HuaAn Securities Co (SHSE:600909) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
HuaAn Securities Co's Asset Turnover for the quarter that ended in Mar. 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.
HuaAn Securities Co Total Assets Related Terms
Thank you for viewing the detailed overview of HuaAn Securities Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
HuaAn Securities Co (SHSE:600909) Business Description
HuaAn Securities Co Ltd is a China-based securities company. It is primarily involved in various business activities such as securities brokerage, securities investment consulting, financial advisory, trading and securities investment, wealth management, investment banking, asset management and direct investment business. Geographically all the activities are carried out through China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600909 has been successfully added to your 