During the past 12 months, Keyang Electric Machinery Co's average Total Assets Growth Rate was -6.10% per year.
During the past 3 years, the average Total Assets Growth Rate was -7.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.
During the past 13 years, Keyang Electric Machinery Co's highest 3-Year average Total Assets Growth Rate was 17.50%. The lowest was -7.30%. And the median was 6.80%.
* 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.
Keyang Electric Machinery 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.
Keyang Electric Machinery Co (XKRX:012205) 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.
Keyang Electric Machinery 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.
Keyang Electric Machinery Co Total Assets Related Terms
Thank you for viewing the detailed overview of Keyang Electric Machinery Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Keyang Electric Machinery Co Ltd manufactures and sells electric power tools in Korea and internationally. Its electric power tools include cordless tools, grinders, hammers, drills, cutting tools, and screwing tools, as well as other tools, such as planers, routers, sanders, polishers, and blowers. The company also provides power tools, industrial tools, and engine products. In addition, it offers automotive products, such as power seat; steering column motors; electric parking brakes; powertrain; and other products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:012205 has been successfully added to your 