During the past 12 months, Hanhua Financial Holding Co's average Total Assets Growth Rate was 5.80% per year.
During the past 3 years, the average Total Assets Growth Rate was -6.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -8.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.
During the past 11 years, Hanhua Financial Holding Co's highest 3-Year average Total Assets Growth Rate was 18.30%. The lowest was -11.60%. And the median was -0.70%.
* 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.
Hanhua Financial Holding 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.
Hanhua Financial Holding Co (HKSE:03903) 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.
Hanhua Financial Holding Co'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.
Hanhua Financial Holding Co Total Assets Related Terms
Thank you for viewing the detailed overview of Hanhua Financial Holding Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Hanhua Financial Holding Co (HKSE:03903) Business Description
Hanhua Financial Holding Co Ltd is engaged in the investment business, investment management, and investment advisory. The company offers financial services to serve the financing and business needs of SMEs and microenterprises under several business lines such as credit guarantee, small loans, internet finance, financial factoring, capital management, and financing leases in China. Its segment includes partnership finance business; SME lending; capital investment and management; and others. It derives revenue by provision of integrated financial services and solutions such as credit guarantee business and capital business (capital business includes accounts receivables for factoring business, bill discount business, and entrusted loans), financial assets management, and other services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:03903 has been successfully added to your 