Shenzhen Dynanonic Co's Total Assets for the quarter that ended in Mar. 2024 was ¥19,381 Mil.
Warning Sign:
If a company builds assets at 98.7% a year, faster than its revenue growth rate of 73.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Shenzhen Dynanonic Co's average Total Assets Growth Rate was -32.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 81.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 98.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 71.20% per year.
During the past 11 years, Shenzhen Dynanonic Co's highest 3-Year average Total Assets Growth Rate was 162.80%. The lowest was 35.20%. And the median was 80.10%.
Shenzhen Dynanonic Co Total Assets Historical Data
The historical data trend for Shenzhen Dynanonic 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.
Shenzhen Dynanonic 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.
Shenzhen Dynanonic Co (SZSE:300769) 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.
Shenzhen Dynanonic 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.
Shenzhen Dynanonic Co Total Assets Related Terms
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Shenzhen Dynanonic Co (SZSE:300769) Business Description
Shenzhen Dynanonic Co Ltd is a national high-tech enterprise. It is dedicated towards the development of nanomaterials to industrialization, integrating research and development, production and sales of nanomaterials and their applications. The business activities of the group include development, production, and marketing of nano lithium-ion battery materials in China.
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