Sinostar Pec Holdings (SGX:C9Q) Total Assets : S$480 Mil (As of Mar. 2024)

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What is Sinostar Pec Holdings Total Assets?

Sinostar Pec Holdings's Total Assets for the quarter that ended in Mar. 2024 was S$480 Mil.

During the past 12 months, Sinostar Pec Holdings's average Total Assets Growth Rate was -15.60% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 4.80% per year. During the past 10 years, the average Total Assets Growth Rate was 31.50% per year.

During the past 13 years, Sinostar Pec Holdings's highest 3-Year average Total Assets Growth Rate was 122.70%. The lowest was -44.40%. And the median was 20.10%.

Total Assets is connected with ROA %. Sinostar Pec Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 10.11%. Total Assets is also linked to Revenue through Asset Turnover. Sinostar Pec Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.57.

Sinostar Pec Holdings Total Assets Historical Data

The historical data trend for Sinostar Pec 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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Sinostar Pec Holdings Total Assets Chart

Sinostar Pec Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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411.01

541.12

633.83

499.28

471.13

Sinostar Pec Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															506.99	462.23	489.59	471.13	479.54

Sinostar Pec 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.

Sinostar Pec 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 )
	=	317.245	+	153.885
	=	471

Sinostar Pec Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	333.026	+	146.517
	=	480

Sinostar Pec Holdings (SGX:C9Q) Total Assets Explanation

Total Assets is connected with ROA %.

Sinostar Pec Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	48.048	/	( (471.13	+	479.544)	/ 2 )
	=	48.048	/	475.337
	=	10.11 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Sinostar Pec Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	272.979	/	( (471.13	+	479.544)	/ 2 )
=	272.979	/	475.337
=	0.57

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.

Sinostar Pec Holdings Total Assets Related Terms

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Sinostar Pec Holdings (SGX:C9Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinostar Pec Holdings Ltd (SGX:C9Q) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500

Website

http://www.sinostar-pec.com

Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene and Logistics and Transport. The company operates in two segments that are Gas Seperation, and Trasport and Logistic Service. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.

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