If a company builds assets at 6.9% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Lai Sun Garment (International)'s average Total Assets Growth Rate was -7.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.
During the past 13 years, Lai Sun Garment (International)'s highest 3-Year average Total Assets Growth Rate was 77.60%. The lowest was -22.90%. And the median was 18.00%.
* 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.
* Premium members only.
Lai Sun Garment (International) Total Assets Chart
Lai Sun Garment (International) 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.
Lai Sun Garment (International) (OTCPK:LSIHF) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jan. 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.
Lai Sun Garment (International)'s Asset Turnover for the quarter that ended in Jan. 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.
Lai Sun Garment (International) Total Assets Related Terms
Thank you for viewing the detailed overview of Lai Sun Garment (International)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Lai Sun Garment (International) (Lai Sun Garment (International)) Business Description
Lai Sun Garment (International) Ltd is a real estate company. The company's principal activities include property development and investment in Hong Kong, Mainland China, and overseas as well as investment in and operation of hotels and restaurants and investment holding. The company operates through nine segments namely, Property development and sales; Property investment; Hotel operation; Restaurant operation; Media and entertainment; Film and TV program segment; Cinema operation; Theme park operation, and Others. It generates the majority of its revenue from the Property development and sales segment.
Lai Sun Garment (International) (Lai Sun Garment (International)) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSIHF has been successfully added to your 