If a company builds assets at 28.5% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Crystal Clear Electronic Material Co's average Total Assets Growth Rate was 21.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 25.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 28.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 28.50% per year.
During the past 12 years, Crystal Clear Electronic Material Co's highest 3-Year average Total Assets Growth Rate was 37.60%. The lowest was 6.80%. And the median was 28.90%.
* 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.
* Premium members only.
Crystal Clear Electronic Material Co Total Assets Chart
Crystal Clear Electronic Material 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.
Crystal Clear Electronic Material Co (SZSE:300655) 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.
Crystal Clear Electronic Material 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.
Crystal Clear Electronic Material Co Total Assets Related Terms
Thank you for viewing the detailed overview of Crystal Clear Electronic Material Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Crystal Clear Electronic Material Co (SZSE:300655) Business Description
Suzhou Crystal Clear Chemical Co Ltd produces and sells ultra-purifying materials and other fine chemical products for the microelectronics industry. Its main products include ultra-clean high-purity reagents, photoresist materials, functional materials and lithium battery adhesives, among others. Its products are mainly used in the manufacturing of semiconductors, photovoltaic solar cells, light-emitting diodes (LEDs), and lithium batteries.
Crystal Clear Electronic Material Co (SZSE:300655) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:300655 has been successfully added to your 