Fu-Wang Ceramic Industry's Total Assets for the quarter that ended in Mar. 2024 was BDT7,239.4 Mil.
Warning Sign:
If a company builds assets at 29.2% a year, faster than its revenue growth rate of 11% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Fu-Wang Ceramic Industry's average Total Assets Growth Rate was -11.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 47.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.20% per year.
During the past 13 years, Fu-Wang Ceramic Industry's highest 3-Year average Total Assets Growth Rate was 47.60%. The lowest was 3.80%. And the median was 14.45%.
* 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.
Fu-Wang Ceramic Industry's Total Assets for the fiscal year that ended in Jun. 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.
Fu-Wang Ceramic Industry (DHA:FUWANGCER) 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.
Fu-Wang Ceramic Industry'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.
Fu-Wang Ceramic Industry Total Assets Related Terms
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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.
Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines
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