If a company builds assets at 24.1% a year, faster than its revenue growth rate of 15% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hefei Urban Construction Development Co's average Total Assets Growth Rate was 15.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 29.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 23.00% per year.
During the past 13 years, Hefei Urban Construction Development Co's highest 3-Year average Total Assets Growth Rate was 50.10%. The lowest was 11.80%. And the median was 22.30%.
* 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.
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Hefei Urban Construction Development Co Total Assets Chart
Hefei Urban Construction Development Co Annual Data
Hefei Urban Construction Development 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.
Hefei Urban Construction Development Co (SZSE:002208) 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.
Hefei Urban Construction Development 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.
Hefei Urban Construction Development Co Total Assets Related Terms
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Hefei Urban Construction Development Co (SZSE:002208) Business Description
Hefei Urban Construction Development Co Ltd is a real estate company. The company is focusing on the development and construction of residential real estate, commercial real estate and office buildings.
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