the aum of agricultural bank of China is AssetUnderManagement,AUM): the asset management scale refers to an indicator to measure the asset management business scale of a financial institution, which is the total market value of the assets currently managed by the institution.

application of asset management scale: this indicator is mainly suitable for measuring the scale of asset management business of fund management companies and investment banks, commercial banks or financial holding companies. The greater the AUM, the stronger its position in the industry.

such as UBS, Credit Suisse and Citigroup, the world's largest financial institutions, all have AUM above trillions of dollars. The growth of AUM comes from the investment of old customers and the development of new customers, and the growth of asset market value.

Therefore, when analyzing the changes in AUM of financial institutions, it is necessary to distinguish whether this is due to the increase or decrease in the capital invested by customers or the changes in the market value of assets. From the perspective of business expansion, the change of customer investment funds is more important.

Extended information

The most important principles to be paid attention to in the process of confirming the value composition of fixed assets are as follows: according to different sources of fixed assets, the details are as follows:

1. The purchased fixed assets that can be used without going through the construction process are recorded as the actual purchase price, packaging fee, transportation fee, installation cost and relevant taxes paid. Foreign-invested enterprises receive value-added tax refunded by the tax authorities for purchasing domestic equipment, which offsets the recorded value of fixed assets.

2. The self-built fixed assets shall be recorded as the value according to all expenses incurred before the construction of the assets reaches the scheduled usable state.

3. The fixed assets invested by investors shall be recorded as the value confirmed by the investors.

4. The fixed assets leased by financing shall be recorded as the lower of the original book value of the leased assets on the lease start date and the present value of the minimum lease payment. If the proportion of financial leased assets to the total assets of the enterprise is equal to or less than 3%, the enterprise can also use the minimum lease payment as the recorded value of fixed assets on the lease start date.

5. if the original fixed assets are rebuilt or expanded, the book value of the original fixed assets, plus the expenses incurred before the assets reach the intended usable state due to the renovation and expansion, is taken as the entry value.

6. if the fixed assets obtained by the debtor in the form of non-cash assets to offset debts or the creditor's rights receivable are exchanged for fixed assets, the book value of the creditor's rights receivable plus relevant taxes and fees payable shall be taken as the entry value. Where premium is involved, the recorded value of the transferred fixed assets shall be determined according to the following provisions.

Baidu Encyclopedia-Asset Management Mode

Baidu Encyclopedia-Asset Scale