TBEA Co's Total Assets for the quarter that ended in Mar. 2024 was ¥199,259 Mil.
During the past 12 months, TBEA Co's average Total Assets Growth Rate was 9.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 20.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.40% per year.
During the past 13 years, TBEA Co's highest 3-Year average Total Assets Growth Rate was 128.70%. The lowest was 8.80%. And the median was 26.60%.
Total Assets is connected with ROA %. TBEA Co's annualizedROA % for the quarter that ended in Mar. 2024 was 4.08%. Total Assets is also linked to Revenue through Asset Turnover. TBEA Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.
TBEA Co Total Assets Historical Data
The historical data trend for TBEA 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.
TBEA 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.
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.
TBEA 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.
TBEA Co Total Assets Related Terms
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TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.
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