If a company builds assets at 15.2% a year, faster than its revenue growth rate of 4.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, New Constructor's Network Co's average Total Assets Growth Rate was 2.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.20% per year.
During the past 8 years, New Constructor's Network Co's highest 3-Year average Total Assets Growth Rate was 24.80%. The lowest was 4.70%. And the median was 15.70%.
* 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.
New Constructor's Network 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.
New Constructor's Network Co (TSE:7057) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
New Constructor's Network Co's Asset Turnover for the quarter that ended in Sep. 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.
New Constructor's Network Co Total Assets Related Terms
Thank you for viewing the detailed overview of New Constructor's Network Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:7057 has been successfully added to your 