Asia Enterprises Holding (SGX:A55) Total Assets : S$115.42 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Asia Enterprises Holding Total Assets?

Asia Enterprises Holding's Total Assets for the quarter that ended in Dec. 2023 was S$115.42 Mil.

During the past 12 months, Asia Enterprises Holding's average Total Assets Growth Rate was -15.20% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year. During the past 10 years, the average Total Assets Growth Rate was 3.90% per year.

During the past 13 years, Asia Enterprises Holding's highest 3-Year average Total Assets Growth Rate was 18.40%. The lowest was -27.90%. And the median was 0.20%.

Total Assets is connected with ROA %. Asia Enterprises Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 5.61%. Total Assets is also linked to Revenue through Asset Turnover. Asia Enterprises Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Asia Enterprises Holding Total Assets Historical Data

The historical data trend for Asia Enterprises Holding'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.

* Premium members only.

Asia Enterprises Holding Total Assets Chart

Asia Enterprises Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

109.60

108.97

113.85

120.69

115.42

Asia Enterprises Holding 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															113.85	109.76	120.69	117.86	115.42

Asia Enterprises Holding 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.

Asia Enterprises Holding'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 )
	=	100.501	+	14.921
	=	115.42

Asia Enterprises Holding'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 )
	=	100.501	+	14.921
	=	115.42

Asia Enterprises Holding (SGX:A55) Total Assets Explanation

Total Assets is connected with ROA %.

Asia Enterprises Holding'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 )
	=	6.546	/	( (117.859	+	115.422)	/ 2 )
	=	6.546	/	116.6405
	=	5.61 %

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.

Asia Enterprises Holding'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 )
=	32.872	/	( (117.859	+	115.422)	/ 2 )
=	32.872	/	116.6405
=	0.28

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.

Asia Enterprises Holding Total Assets Related Terms

Thank you for viewing the detailed overview of Asia Enterprises Holding's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Enterprises Holding (SGX:A55) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Asia Enterprises Holding Ltd (SGX:A55) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Pioneer Sector Walk, Singapore, SGP, 627897

Website

http://www.asiaenterprises.com.sg

Asia Enterprises Holding Ltd is an investment holding firm. It's in the distribution of steel products to marine and Offshore Industries. The company operates through three segments namely, Steel distribution comprises of procuring, distributing, and trading of steel products; the Provision of steel processing segment is involved in the processing of steel materials for sale and the corporate segment is engaged in investment and management activities. Most of its revenue is earned from the Steel distribution segment. Geographically, it derives majority revenue from the Singapore market, while it also has a presence in Indonesia, Malaysia, and other countries.

Asia Enterprises Holding (SGX:A55) Headlines

No Headlines