Harvest Miracle Capital Bhd (XKLS:0060) Total Assets : RM338.05 Mil (As of Dec. 2023)

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What is Harvest Miracle Capital Bhd Total Assets?

Harvest Miracle Capital Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM338.05 Mil.

During the past 12 months, Harvest Miracle Capital Bhd's average Total Assets Growth Rate was -14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 17.20% per year. During the past 5 years, the average Total Assets Growth Rate was 38.90% per year. During the past 10 years, the average Total Assets Growth Rate was 36.40% per year.

During the past 13 years, Harvest Miracle Capital Bhd's highest 3-Year average Total Assets Growth Rate was 98.90%. The lowest was -21.10%. And the median was 28.50%.

Total Assets is connected with ROA %. Harvest Miracle Capital Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 26.29%. Total Assets is also linked to Revenue through Asset Turnover. Harvest Miracle Capital Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Harvest Miracle Capital Bhd Total Assets Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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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Harvest Miracle Capital Bhd Total Assets Chart

Harvest Miracle Capital Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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102.24

261.37

317.54

372.13

412.03

Harvest Miracle Capital Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															391.73	412.03	296.27	303.81	338.05

Harvest Miracle Capital Bhd 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.

Harvest Miracle Capital Bhd's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	286.923	+	125.102
	=	412.03

Harvest Miracle Capital Bhd'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 )
	=	315.226	+	22.827
	=	338.05

Harvest Miracle Capital Bhd (XKLS:0060) Total Assets Explanation

Total Assets is connected with ROA %.

Harvest Miracle Capital Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	84.368	/	( (303.81	+	338.053)	/ 2 )
	=	84.368	/	320.9315
	=	26.29 %

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

Harvest Miracle Capital Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	20.787	/	( (303.81	+	338.053)	/ 2 )
=	20.787	/	320.9315
=	0.06

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.

Harvest Miracle Capital Bhd Total Assets Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Miracle Capital Bhd (XKLS:0060) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

0060PA.PFD:Malaysia

Address

No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.hmcap.my

Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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