During the past 12 months, Sichuan Etrol Technologies Co's average Total Assets Growth Rate was -0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -21.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -18.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.60% per year.
During the past 13 years, Sichuan Etrol Technologies Co's highest 3-Year average Total Assets Growth Rate was 72.80%. The lowest was -21.20%. And the median was 39.90%.
* 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.
Sichuan Etrol Technologies 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.
Sichuan Etrol Technologies Co (SZSE:300370) 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.
Sichuan Etrol Technologies 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.
Sichuan Etrol Technologies Co Total Assets Related Terms
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Sichuan Etrol Technologies Co (SZSE:300370) Business Description
Sichuan Etrol Technologies Co Ltd is a Chinese manufacturer of automation products. Its products include DCS, RTU, instruments, environment protection equipment, skid-mounted equipment and application software, and others. The company offers solutions to customers in various industries, covering Oil & Gas, Chemical Industry, Coal bed Methane (CBM), water and waste water, heating, city gas, power plant, environment protection, robot, intelligent building, smart granary, smart city, among others.
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