LOTTE Fine Chemical Co's Total Assets for the quarter that ended in Mar. 2024 was ₩2,844,509 Mil.
Warning Sign:
If a company builds assets at 11.8% a year, faster than its revenue growth rate of 10.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, LOTTE Fine Chemical Co's average Total Assets Growth Rate was -4.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.
During the past 13 years, LOTTE Fine Chemical Co's highest 3-Year average Total Assets Growth Rate was 23.50%. The lowest was -10.70%. And the median was 11.10%.
* 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.
LOTTE Fine Chemical 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.
LOTTE Fine Chemical Co (XKRX:004000) 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.
LOTTE Fine Chemical 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.
LOTTE Fine Chemical Co Total Assets Related Terms
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LOTTE Fine Chemical Co (XKRX:004000) Business Description
LOTTE Fine Chemical Co Ltd manufactures and sells a variety of chemicals, and chemical-based products. The firm organizes itself into three segments based on product type. The chlorine/cellulose segment, which generates the majority of revenue, sells cellulose and caustic soda used to make products for the construction, cement, ceramics, paint, detergent, and personal care industries. The electronic materials segment sells toner for color laser printers, liquid crystal display materials, and lithium nickel cobalt manganese oxide, used in rechargeable batteries. The ammonia segment's products are used in the production of fertilizer, textiles, and pharmaceuticals. The majority of sales come from Asia.
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