Winner Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,329.5 Mil.
Warning Sign:
If a company builds assets at 19.7% a year, faster than its revenue growth rate of 4.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Winner Technology Co's average Total Assets Growth Rate was 21.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 19.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 31.70% per year.
During the past 12 years, Winner Technology Co's highest 3-Year average Total Assets Growth Rate was 56.80%. The lowest was 12.50%. And the median was 30.90%.
The historical data trend for Winner Technology 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.
Winner 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.
Winner Technology Co (SZSE:300609) 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.
Winner 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.
Winner Technology Co Total Assets Related Terms
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Winner Technology Co (SZSE:300609) Business Description
Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.
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