During the past 12 months, Maoye International Holdings's average Total Assets Growth Rate was -4.70% per year.
During the past 3 years, the average Total Assets Growth Rate was -3.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.
During the past 13 years, Maoye International Holdings's highest 3-Year average Total Assets Growth Rate was 55.50%. The lowest was -3.90%. And the median was 21.30%.
* 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.
Maoye International Holdings 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.
Maoye International Holdings (HKSE:00848) 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.
Maoye International Holdings'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.
Maoye International Holdings Total Assets Related Terms
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Maoye International Holdings (HKSE:00848) Business Description
Maoye International Holdings Ltd is engaged in the operation and management of department stores and property development in the People's Republic of China. It operates through the following segments: The Operation of Department Stores segment comprises concessionaire, direct sales of merchandise, and leasing out of commercial properties; The Property Development segment engages in the development and sale of commercial and residential properties and leasing out of commercial properties other than for the operation of department stores; The Others segment includes operations of hotels, provision of ancillary and advertising services, and construction of television networks.
Maoye International Holdings (HKSE:00848) Headlines
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