If a company builds assets at 86.1% a year, faster than its revenue growth rate of 26.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Beijing Kingsoft Office Software's average Total Assets Growth Rate was 73.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 107.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 86.10% per year.
During the past 10 years, Beijing Kingsoft Office Software's highest 3-Year average Total Assets Growth Rate was 107.80%. The lowest was -7.40%. And the median was 38.60%.
* 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.
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Beijing Kingsoft Office Software Total Assets Chart
Beijing Kingsoft Office Software 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.
Beijing Kingsoft Office Software (SHSE:688111) 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.
Beijing Kingsoft Office Software'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.
Beijing Kingsoft Office Software Total Assets Related Terms
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Beijing Kingsoft Office Software (SHSE:688111) Business Description
Beijing Kingsoft Office Software Inc is engaged in designing, development and sale of WPS Office software products and services. Its product portfolio includes WPS Office Pro 2016, WPS mobile office platform, WPS Office Personal Edition, WPS Office Mobile, and Kingsoft Power Enterprise Edition.
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