Frontken Bhd (XKLS:0128) Total Assets : RM912.0 Mil (As of Mar. 2024)

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What is Frontken Bhd Total Assets?

Frontken Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM912.0 Mil.

During the past 12 months, Frontken Bhd's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was 15.00% per year. During the past 5 years, the average Total Assets Growth Rate was 11.30% per year. During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.

During the past 13 years, Frontken Bhd's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was -3.90%. And the median was 5.10%.

Total Assets is connected with ROA %. Frontken Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 13.38%. Total Assets is also linked to Revenue through Asset Turnover. Frontken Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Frontken Bhd Total Assets Historical Data

The historical data trend for Frontken 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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Frontken Bhd Total Assets Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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515.73

618.27

718.64

805.82

885.43

Frontken Bhd 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															816.28	859.96	832.37	885.43	912.01

Frontken 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.

Frontken Bhd'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 )
	=	687.902	+	197.523
	=	885.4

Frontken Bhd'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 )
	=	713.807	+	198.205
	=	912.0

Frontken Bhd (XKLS:0128) Total Assets Explanation

Total Assets is connected with ROA %.

Frontken Bhd'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 )
	=	120.212	/	( (885.425	+	912.012)	/ 2 )
	=	120.212	/	898.7185
	=	13.38 %

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.

Frontken Bhd'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 )
=	140.517	/	( (885.425	+	912.012)	/ 2 )
=	140.517	/	898.7185
=	0.16

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.

Frontken Bhd Total Assets Related Terms

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Frontken Bhd (XKLS:0128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Total Assets

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Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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