Sun Art Retail Group's Total Assets for the quarter that ended in Sep. 2023 was $8,941 Mil.
During the past 12 months, Sun Art Retail Group's average Total Assets Growth Rate was -8.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -7.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.
During the past 12 years, Sun Art Retail Group's highest 3-Year average Total Assets Growth Rate was 20.70%. The lowest was -7.20%. And the median was 3.30%.
The historical data trend for Sun Art Retail Group'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.
Sun Art Retail Group's Total Assets for the fiscal year that ended in Mar. 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.
Sun Art Retail Group (OTCPK:SURRF) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (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.
Sun Art Retail Group'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.
Sun Art Retail Group Total Assets Related Terms
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Sun Art Retail Group (Sun Art Retail Group) Business Description
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.
Sun Art Retail Group (Sun Art Retail Group) Headlines
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