China Tangshang Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$3,492.5 Mil.
Warning Sign:
If a company builds assets at 90.9% a year, faster than its revenue growth rate of 18.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, China Tangshang Holdings's average Total Assets Growth Rate was 195.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 111.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 90.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.
During the past 13 years, China Tangshang Holdings's highest 3-Year average Total Assets Growth Rate was 111.60%. The lowest was -32.90%. And the median was 2.50%.
* 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.
China Tangshang Holdings's Total Assets for the fiscal year that ended in Mar. 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.
China Tangshang Holdings (HKSE:00674) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Sep. 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.
China Tangshang Holdings's Asset Turnover for the quarter that ended in Sep. 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.
China Tangshang Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of China Tangshang Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
China Tangshang Holdings (HKSE:00674) Business Description
China Tangshang Holdings Ltd is a Hong Kong-based investment holding company. It operates in the segments of Property sub-leasing and investment business; Property development business and Money lending business. A majority of revenue is derived from the Property development business which involves the development of real estate. The group's operations are mainly located in Hong Kong and the PRC.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00674 has been successfully added to your 