Yuexiu Property Co's Total Assets for the quarter that ended in Dec. 2023 was HK$438,801 Mil.
Warning Sign:
If a company builds assets at 18.6% a year, faster than its revenue growth rate of 16.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Yuexiu Property Co's average Total Assets Growth Rate was 12.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.
During the past 13 years, Yuexiu Property Co's highest 3-Year average Total Assets Growth Rate was 30.80%. The lowest was 8.70%. And the median was 16.30%.
The historical data trend for Yuexiu Property 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.
Yuexiu Property 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.
Yuexiu Property Co (HKSE:00123) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) 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.
Yuexiu Property Co's Asset Turnover for the quarter that ended in Dec. 2023 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.
Yuexiu Property Co Total Assets Related Terms
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Yuexiu Property Co (HKSE:00123) Business Description
Yuexiu Property Co Ltd is engaged in the real estate sector. Most of the company's activities are focused on property development. Its business is broadly classified into the Property Development, Property Management, Property Investment, and Others segments. The Property Development segment contributes the majority of the revenue. The Property Investment segment is engaged in the leasing of properties and the Property Management segment is engaged in the provision of property management services. Other segment derive revenue from real estate agencies and decoration services.
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