If a company builds assets at 24.2% a year, faster than its revenue growth rate of 21.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Bethel Automotivefety Systems Co's average Total Assets Growth Rate was 34.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 36.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 25.40% per year.
During the past 11 years, Bethel Automotivefety Systems Co's highest 3-Year average Total Assets Growth Rate was 59.60%. The lowest was 7.20%. And the median was 24.20%.
* 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.
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Bethel Automotivefety Systems Co Total Assets Chart
Bethel Automotivefety Systems 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.
Bethel Automotivefety Systems Co (SHSE:603596) 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.
Bethel Automotivefety Systems 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.
Bethel Automotivefety Systems Co Total Assets Related Terms
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Bethel Automotivefety Systems Co (SHSE:603596) Business Description
Bethel Automotive Safety Systems Co Ltd is a China based company engaged in manufacturing and marketing of automotive safety systems. Its products include passenger car and commercial vehicle front and rear disc brakes, drum brakes, rear integrated parking brake, rear disc brake drum, brake master cylinder, vacuum booster, cast aluminum steering knuckle and others.
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