Sunwoda Electronic Co's Total Assets for the quarter that ended in Mar. 2024 was $11,018 Mil.
Warning Sign:
If a company builds assets at 34.5% a year, faster than its revenue growth rate of 16% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sunwoda Electronic Co's average Total Assets Growth Rate was 13.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 34.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 39.60% per year.
During the past 13 years, Sunwoda Electronic Co's highest 3-Year average Total Assets Growth Rate was 73.90%. The lowest was 30.20%. And the median was 41.80%.
Sunwoda Electronic Co Total Assets Historical Data
The historical data trend for Sunwoda Electronic 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.
Sunwoda Electronic 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.
Sunwoda Electronic Co (XSWX:SWD) 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.
Sunwoda Electronic 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.
Sunwoda Electronic Co Total Assets Related Terms
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Sunwoda Electronic Co (XSWX:SWD) Business Description
Sunwoda Electronic Co Ltd is a hi-tech enterprise which focuses on the research, design, manufacture, and sales of the Li-ion battery module. Sunwoda's Li-ion battery product covers li-ion batteries for mobile phone, digital camera, laptop, netbook, electronic paper book, power-driven tool, industrial mobile lighting, and medical equipment. The group is also expanding its products to battery modules for electric bicycle, electric car, and energy storage solution. Geographically the activities are carried out through China.
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