SDIC Power Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was ¥281,844 Mil.
Warning Sign:
If a company builds assets at 4.7% a year, faster than its revenue growth rate of 4.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, SDIC Power Holdings Co's average Total Assets Growth Rate was 8.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.
During the past 13 years, SDIC Power Holdings Co's highest 3-Year average Total Assets Growth Rate was 114.50%. The lowest was -10.20%. And the median was 18.90%.
* 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.
SDIC Power Holdings 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.
SDIC Power Holdings Co (SHSE:600886) 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.
SDIC Power Holdings 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.
SDIC Power Holdings Co Total Assets Related Terms
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SDIC Power Holdings Co (SHSE:600886) Business Description
SDIC Power Holdings Co Ltd is engaged in investment and construction, management of energy projects based on electric power generation, development and operation of renewable energy projects, high technology and eco-friendly industries, development and operation of the products associated with electric power as well as consultancy. The company's business areas are Coal-fired power; Hydropower; Wind, solar and other sustainable power, and others. It generates maximum revenue from the Hydropower segment.
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