Sino Payments's Total Assets for the quarter that ended in Sep. 2023 was $7.24 Mil.
Warning Sign:
If a company builds assets at 20.5% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sino Payments's average Total Assets Growth Rate was 44.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.50% per year.
During the past 13 years, Sino Payments's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was -1.80%. And the median was 18.55%.
The historical data trend for Sino Payments'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.
Sino Payments's Total Assets for the fiscal year that ended in Dec. 2022 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.
Sino Payments (OTCPK:SNPY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Sino Payments's Asset Turnover for the quarter that ended in Sep. 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.
Sino Payments Total Assets Related Terms
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Sino Payments (Sino Payments) Business Description
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
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