Fuxing China Group (SGX:AWK) Total Assets : S$166.4 Mil (As of Dec. 2023)

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What is Fuxing China Group Total Assets?

Fuxing China Group's Total Assets for the quarter that ended in Dec. 2023 was S$166.4 Mil.

During the past 12 months, Fuxing China Group's average Total Assets Growth Rate was -7.10% per year. During the past 3 years, the average Total Assets Growth Rate was 1.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.20% per year. During the past 10 years, the average Total Assets Growth Rate was -4.20% per year.

During the past 13 years, Fuxing China Group's highest 3-Year average Total Assets Growth Rate was 24.50%. The lowest was -16.90%. And the median was 1.70%.

Total Assets is connected with ROA %. Fuxing China Group's annualized ROA % for the quarter that ended in Dec. 2023 was -1.53%. Total Assets is also linked to Revenue through Asset Turnover. Fuxing China Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.

Fuxing China Group Total Assets Historical Data

The historical data trend for Fuxing China Group'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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Fuxing China Group Total Assets Chart

Fuxing China Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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236.26

179.70

208.68

187.34

166.38

Fuxing China Group 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															208.68	205.66	187.34	184.33	166.38

Fuxing China Group 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.

Fuxing China Group'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 )
	=	107.036	+	59.343
	=	166.4

Fuxing China Group'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 )
	=	107.036	+	59.343
	=	166.4

Fuxing China Group (SGX:AWK) Total Assets Explanation

Total Assets is connected with ROA %.

Fuxing China Group'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 )
	=	-2.684	/	( (184.327	+	166.378)	/ 2 )
	=	-2.684	/	175.3525
	=	-1.53 %

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.

Fuxing China Group'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 )
=	71.769	/	( (184.327	+	166.378)	/ 2 )
=	71.769	/	175.3525
=	0.41

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.

Fuxing China Group Total Assets Related Terms

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Fuxing China Group (SGX:AWK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fuxing China Group Ltd (SGX:AWK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

3FU1:Germany

Address

Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241

Website

http://www.3fzipper.com

Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.