If a company builds assets at 102.8% a year, faster than its revenue growth rate of 79.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Changzhou Fusion New Material Co's average Total Assets Growth Rate was 58.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 54.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 102.80% per year.
During the past 6 years, Changzhou Fusion New Material Co's highest 3-Year average Total Assets Growth Rate was 175.20%. The lowest was 54.60%. And the median was 86.20%.
* 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.
* Premium members only.
Changzhou Fusion New Material Co Total Assets Chart
Changzhou Fusion New Material Co 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.
Changzhou Fusion New Material Co (SHSE:688503) 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.
Changzhou Fusion New Material 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.
Changzhou Fusion New Material Co Total Assets Related Terms
Thank you for viewing the detailed overview of Changzhou Fusion New Material Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Changzhou Fusion New Material Co (SHSE:688503) Business Description
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:688503 has been successfully added to your 