If a company builds assets at 23.4% a year, faster than its revenue growth rate of 19.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Shenzhen H&T Intelligent Control Co's average Total Assets Growth Rate was 25.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 23.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 29.30% per year.
During the past 13 years, Shenzhen H&T Intelligent Control Co's highest 3-Year average Total Assets Growth Rate was 49.40%. The lowest was 16.90%. And the median was 25.60%.
* 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.
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Shenzhen H&T Intelligent Control Co Total Assets Chart
Shenzhen H&T Intelligent Control 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.
Shenzhen H&T Intelligent Control Co (SZSE:002402) 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.
Shenzhen H&T Intelligent Control 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.
Shenzhen H&T Intelligent Control Co Total Assets Related Terms
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Shenzhen H&T Intelligent Control Co (SZSE:002402) Business Description
Shenzhen H&T Intelligent Control Co Ltd is a China-based company. It is principally engaged in the research and development, production and distribution of intelligent controllers. It offers healthcare products, such as health pots, drinking cups, foot spa tubs, and desktop air purifiers; bedroom products comprising anti-snore pillows, LED bulbs, aroma diffusers, air humidifiers, and sleep recorders; and beauty products consisting of handheld facial sprayers, ultrasonic facial massagers and scrubber cleaners, skin rejuvenation.
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