The growth rate of total assets is the ratio of the asset growth of an enterprise this year to the total assets at the beginning of the year, which reflects the growth of the asset scale of the enterprise in this period.

the growth rate of total assets is equal to the asset growth this year/the total assets at the beginning of the year multiplied by 1%, where the asset growth this year is equal to the total assets at the end of the year minus the total assets at the beginning of the year.

the higher the growth rate of total assets, the faster the expansion of asset management scale in a certain period of time. However, in the analysis, we need to pay attention to the relationship between quality and quantity of asset scale expansion and the subsequent development ability of enterprises to avoid blind expansion.

characteristics of assets:

assets are expected to bring economic benefits to enterprises.

assets should be resources owned (owned) or controlled (not owned) by the enterprise.

assets are formed by past transactions or events of an enterprise.

if a project is not expected to bring economic benefits to the enterprise, then it cannot be recognized as an asset of the enterprise.

projects that have been confirmed as assets in the previous period can no longer be confirmed as assets of the enterprise if they can no longer bring economic benefits to the enterprise.

transactions or events expected by the enterprise in the future will not form assets.