During the past 12 months, Anhui Yingjia Distillery Co's average Total Assets Growth Rate was 15.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.10% 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 10.10% per year.
During the past 13 years, Anhui Yingjia Distillery Co's highest 3-Year average Total Assets Growth Rate was 21.50%. The lowest was 1.20%. And the median was 13.30%.
* 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.
Anhui Yingjia Distillery 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.
Anhui Yingjia Distillery Co (SHSE:603198) 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.
Anhui Yingjia Distillery 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.
Anhui Yingjia Distillery Co Total Assets Related Terms
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Anhui Yingjia Distillery Co (SHSE:603198) Business Description
Anhui Yingjia, or Yingjia, is the second-largest baijiu distiller in Anhui province by sales revenue in 2022. The company produces rich-flavored baijiu, and it is one of the well-known brands in the mainstream market in Anhui and its surrounding provinces. Its flagship product, the Dongcang Yearly series, contributed about 40% of company sales in 2022. Yingjia is 75% held by Anhui Yingjia Group, following a management buyout in 1997, so ownership comprises mainly Yingjia's management and core employees.
Anhui Yingjia Distillery Co (SHSE:603198) Headlines
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