Connectwave Co's Total Assets for the quarter that ended in Mar. 2024 was ₩882,270 Mil.
Warning Sign:
If a company builds assets at 89% a year, faster than its revenue growth rate of 5.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Connectwave Co's average Total Assets Growth Rate was -7.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 132.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 89.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 49.00% per year.
During the past 13 years, Connectwave Co's highest 3-Year average Total Assets Growth Rate was 135.00%. The lowest was 8.10%. And the median was 21.85%.
The historical data trend for Connectwave 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.
Connectwave 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.
Connectwave Co (XKRX:119860) 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.
Connectwave 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.
Connectwave Co Total Assets Related Terms
Thank you for viewing the detailed overview of Connectwave Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Connectwave Co Ltd formerly Danawa Co Ltd is a South Korea based company engages in the provision of online shopping services. It provides internet shopping price comparison service and also engages in the advertising business and shopping mall business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:119860 has been successfully added to your 