Sanyo Shokai (TSE:8011) Total Assets : 円57,157 Mil (As of Nov. 2023)

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What is Sanyo Shokai Total Assets?

Sanyo Shokai's Total Assets for the quarter that ended in Nov. 2023 was 円57,157 Mil.

During the past 12 months, Sanyo Shokai's average Total Assets Growth Rate was 0.50% per year. During the past 3 years, the average Total Assets Growth Rate was -15.20% per year. During the past 5 years, the average Total Assets Growth Rate was -12.50% per year. During the past 10 years, the average Total Assets Growth Rate was -9.90% per year.

During the past 13 years, Sanyo Shokai's highest 3-Year average Total Assets Growth Rate was -2.40%. The lowest was -16.10%. And the median was -5.60%.

Total Assets is connected with ROA %. Sanyo Shokai's annualized ROA % for the quarter that ended in Nov. 2023 was 6.82%. Total Assets is also linked to Revenue through Asset Turnover. Sanyo Shokai's Asset Turnover for the quarter that ended in Nov. 2023 was 0.29.

Sanyo Shokai Total Assets Historical Data

The historical data trend for Sanyo Shokai'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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Sanyo Shokai Total Assets Chart

Sanyo Shokai Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Feb21

Feb22

Feb23

Total Assets

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73,792.00

65,842.00

52,926.00

51,629.00

54,413.00

Sanyo Shokai Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															54,798.00	54,413.00	54,312.00	54,530.00	57,157.00

Sanyo Shokai 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.

Sanyo Shokai's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	36433	+	17980
	=	54,413

Sanyo Shokai's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	39025	+	18132
	=	57,157

Sanyo Shokai (TSE:8011) Total Assets Explanation

Total Assets is connected with ROA %.

Sanyo Shokai's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	3808	/	( (54530	+	57157)	/ 2 )
	=	3808	/	55843.5
	=	6.82 %

Note: The Net Income data used here is four times the quarterly (Nov. 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.

Sanyo Shokai's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	16448	/	( (54530	+	57157)	/ 2 )
=	16448	/	55843.5
=	0.29

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.

Sanyo Shokai Total Assets Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sanyo Shokai Ltd (TSE:8011) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003

Website

https://www.sanyo-shokai.co.jp

Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

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