During the past 12 months, Wuxi Hodgen Technology Co's average Total Assets Growth Rate was -4.60% per year.
During the past 3 years, the average Total Assets Growth Rate was -4.80% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.30% per year.
During the past 13 years, Wuxi Hodgen Technology Co's highest 3-Year average Total Assets Growth Rate was 73.40%. The lowest was -8.50%. And the median was 42.30%.
* 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.
Wuxi Hodgen Technology 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.
Wuxi Hodgen Technology 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.
Wuxi Hodgen Technology Co (SZSE:300279) 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.
Wuxi Hodgen Technology 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.
Wuxi Hodgen Technology Co Total Assets Related Terms
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Wuxi Hodgen Technology Co (SZSE:300279) Business Description
Wuxi Hodgen Technology Co Ltd is an electrical machinery and equipment manufacturing company. It is organized into four business segments: the Hejingzhi Manufacturing segment is engaged in the research, development, manufacture and sale of white goods and intelligent hardware. The System Integration segment provides information services for various enterprises and institutions in the government, education and other industries. The Interactive Data segment serves the broadcasting and television system, the main source of income is access network equipment and intelligent terminals. The Internet Education segment provides a cloud platform for preschool education.
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