Sichuan Swellfun Co's Total Assets for the quarter that ended in Mar. 2024 was ¥8,277 Mil.
Warning Sign:
If a company builds assets at 23.4% a year, faster than its revenue growth rate of 12.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sichuan Swellfun Co's average Total Assets Growth Rate was 18.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 26.00% 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 15.60% per year.
During the past 13 years, Sichuan Swellfun Co's highest 3-Year average Total Assets Growth Rate was 56.40%. The lowest was -15.90%. And the median was 15.10%.
The historical data trend for Sichuan Swellfun Co'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.
Sichuan Swellfun Co'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.
Sichuan Swellfun Co (SHSE:600779) 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.
Sichuan Swellfun 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.
Sichuan Swellfun Co Total Assets Related Terms
Thank you for viewing the detailed overview of Sichuan Swellfun Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Sichuan Swellfun Co (SHSE:600779) Business Description
Located in Chengdu, Sichuan Swellfun, or Swellfun, is one of the six most famous baijiu distillers in Sichuan province. The company produces rich-flavored baijiu, with a strong focus on midrange to subpremium markets. The global distiller giant Diageo is the controlling shareholder with 63% of equity stake as of December 2022, which makes Swellfun the only foreign-controlled baijiu producer in China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600779 has been successfully added to your 