Guangdong Investment's Total Assets for the quarter that ended in Dec. 2023 was HK$139,966 Mil.
Warning Sign:
If a company builds assets at 20.3% a year, faster than its revenue growth rate of 12.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Guangdong Investment's average Total Assets Growth Rate was 2.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.60% per year.
During the past 13 years, Guangdong Investment's highest 3-Year average Total Assets Growth Rate was 66.50%. The lowest was -43.80%. And the median was 10.35%.
The historical data trend for Guangdong Investment'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.
Guangdong Investment'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.
Guangdong Investment (HKSE:00270) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) 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.
Guangdong Investment's Asset Turnover for the quarter that ended in Dec. 2023 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.
Guangdong Investment Total Assets Related Terms
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Guangdong Investment (HKSE:00270) Business Description
Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.
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