CCCG Real Estate's Total Assets for the quarter that ended in Mar. 2024 was ¥121,293 Mil.
Warning Sign:
If a company builds assets at 32.1% a year, faster than its revenue growth rate of 28.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, CCCG Real Estate's average Total Assets Growth Rate was -13.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 32.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 45.00% per year.
During the past 13 years, CCCG Real Estate's highest 3-Year average Total Assets Growth Rate was 140.40%. The lowest was -40.60%. And the median was 37.30%.
The historical data trend for CCCG Real Estate'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.
CCCG Real Estate'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.
CCCG Real Estate (SZSE:000736) 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.
CCCG Real Estate'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.
CCCG Real Estate Total Assets Related Terms
Thank you for viewing the detailed overview of CCCG Real Estate's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
CCCG Real Estate (SZSE:000736) Business Description
CCCG Real Estate Corp Ltd operates in the real estate industry. The company is engaged in the design and construction of ports, roads, and bridges. The company also manufactures container handling crane.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000736 has been successfully added to your 