Vedan International (Holdings) (HKSE:02317) Total Assets : HK$2,995 Mil (As of Dec. 2023)

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What is Vedan International (Holdings) Total Assets?

Vedan International (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was HK$2,995 Mil.

During the past 12 months, Vedan International (Holdings)'s average Total Assets Growth Rate was -6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 2.20% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 0.70% per year.

During the past 13 years, Vedan International (Holdings)'s highest 3-Year average Total Assets Growth Rate was 8.10%. The lowest was -5.10%. And the median was 1.00%.

Total Assets is connected with ROA %. Vedan International (Holdings)'s annualized ROA % for the quarter that ended in Dec. 2023 was 4.35%. Total Assets is also linked to Revenue through Asset Turnover. Vedan International (Holdings)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.51.

Vedan International (Holdings) Total Assets Historical Data

The historical data trend for Vedan International (Holdings)'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.

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Vedan International (Holdings) Total Assets Chart

Vedan International (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,883.58

2,996.41

3,034.96

3,160.65

2,995.14

Vedan International (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															3,034.96	3,079.54	3,160.65	3,073.85	2,995.14

Vedan International (Holdings) 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.

Vedan International (Holdings)'s Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2302.196	+	692.94
	=	2,995

Vedan International (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2302.196	+	692.94
	=	2,995

Vedan International (Holdings) (HKSE:02317) Total Assets Explanation

Total Assets is connected with ROA %.

Vedan International (Holdings)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	132.048	/	( (3073.849	+	2995.136)	/ 2 )
	=	132.048	/	3034.4925
	=	4.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Vedan International (Holdings)'s Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1540.577	/	( (3073.849	+	2995.136)	/ 2 )
=	1540.577	/	3034.4925
=	0.51

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.

Vedan International (Holdings) Total Assets Related Terms

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Vedan International (Holdings) (HKSE:02317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vedan International (Holdings) Ltd (HKSE:02317) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Road 51, Hamlet 1A, Long Thanh District, Phuoc Thai, Dong Nai Province, Ho Chi Minh, VNM

Website

http://www.vedaninternational.com

Vedan International (Holdings) Ltd is an investment holding company engaged in the manufacture and sale of fermentation-based food additives, biochemical products and cassava starch-based industrial products including modified starch, glucose syrup, Monosodium Glutamate (MSG), soda and glutamic acid (GA). The products are sold to food distributors, international trading companies, and manufacturers of food, paper, textiles, and chemical products in Vietnam, other ASEAN member countries, the People's Republic of China (the PRC), Japan, Taiwan, and several European countries.

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