Lian Hwa Foods's Total Assets for the quarter that ended in Mar. 2024 was NT$13,655 Mil.
Warning Sign:
If a company builds assets at 12.8% a year, faster than its revenue growth rate of 6.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lian Hwa Foods's average Total Assets Growth Rate was 22.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.
During the past 13 years, Lian Hwa Foods's highest 3-Year average Total Assets Growth Rate was 17.30%. The lowest was 0.10%. And the median was 10.55%.
The historical data trend for Lian Hwa Foods'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.
Lian Hwa Foods'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.
Lian Hwa Foods (TPE:1231) 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.
Lian Hwa Foods'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.
Lian Hwa Foods Total Assets Related Terms
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Lian Hwa Foods Corp is engaged in manufacturing, processing, trading, and wholesale and retail of seaweed, squid, pasta, rice bran, beans, nuts, melon seeds, jams, beverages, sugar, candy, biscuits, peanut butter and other products or processed products, and various sea and land products, frozen processed foods and canned foods. The Operating Segments are Snack Food Division and RTE (Ready-to-Eat) Foods Division, majorly the company earns revenue from domestic market.
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