If a company builds assets at 15.3% a year, faster than its revenue growth rate of 10.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Guilin Layn Natural Ingredients's average Total Assets Growth Rate was 13.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.40% per year.
During the past 13 years, Guilin Layn Natural Ingredients's highest 3-Year average Total Assets Growth Rate was 42.80%. The lowest was 0.40%. And the median was 26.10%.
* 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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Guilin Layn Natural Ingredients Total Assets Chart
Guilin Layn Natural Ingredients 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.
Guilin Layn Natural Ingredients (SZSE:002166) 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.
Guilin Layn Natural Ingredients'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.
Guilin Layn Natural Ingredients Total Assets Related Terms
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Guilin Layn Natural Ingredients (SZSE:002166) Business Description
Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.
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