Baoye Group Co's Total Assets for the quarter that ended in Jun. 2024 was €5,974 Mil.
Warning Sign:
If a company builds assets at 9% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Baoye Group Co's average Total Assets Growth Rate was -5.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.
During the past 13 years, Baoye Group Co's highest 3-Year average Total Assets Growth Rate was 87.40%. The lowest was -6.70%. And the median was 13.90%.
The historical data trend for Baoye Group 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.
Baoye Group 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.
Note:
The Net Income data used here is two times the semi-annual (Jun. 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.
Baoye Group Co's Asset Turnover for the quarter that ended in Jun. 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.
Baoye Group Co Total Assets Related Terms
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Baoye Group Co Ltd is engaged in construction service. Its operation mainly comprises construction services, sale and installation of building materials and development and sale of properties in the PRC. The company's reportable segments include Construction, Property development, Building materials, and others. It generates maximum revenue from the Construction segment.
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