SY Holdings Group's Total Assets for the quarter that ended in Dec. 2023 was HK$12,928 Mil.
Warning Sign:
If a company builds assets at 87.8% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, SY Holdings Group's average Total Assets Growth Rate was 36.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 69.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 87.80% per year.
During the past 9 years, SY Holdings Group's highest 3-Year average Total Assets Growth Rate was 108.60%. The lowest was -42.20%. And the median was 21.75%.
The historical data trend for SY Holdings Group'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.
SY Holdings Group'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.
SY Holdings Group (HKSE:06069) 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.
SY Holdings Group'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.
SY Holdings Group Total Assets Related Terms
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SY Holdings Group (HKSE:06069) Business Description
SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.
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