K. Seng Seng Bhd (XKLS:5192) Total Assets : RM284.8 Mil (As of Mar. 2024)

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What is K. Seng Seng Bhd Total Assets?

K. Seng Seng Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM284.8 Mil.

Warning Sign:

If a company builds assets at 18.6% a year, faster than its revenue growth rate of 13.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, K. Seng Seng Bhd's average Total Assets Growth Rate was 29.60% per year. During the past 3 years, the average Total Assets Growth Rate was 29.70% per year. During the past 5 years, the average Total Assets Growth Rate was 18.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.90% per year.

During the past 13 years, K. Seng Seng Bhd's highest 3-Year average Total Assets Growth Rate was 29.70%. The lowest was 0.10%. And the median was 6.80%.

Total Assets is connected with ROA %. K. Seng Seng Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 1.41%. Total Assets is also linked to Revenue through Asset Turnover. K. Seng Seng Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.34.

K. Seng Seng Bhd Total Assets Historical Data

The historical data trend for K. Seng Seng 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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K. Seng Seng Bhd Total Assets Chart

K. Seng Seng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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123.79

143.25

206.77

187.12

287.48

K. Seng Seng 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															218.50	242.89	305.64	287.48	284.81

K. Seng Seng 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.

K. Seng Seng 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 )
	=	109.062	+	178.418
	=	287.5

K. Seng Seng 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 )
	=	110.242	+	174.566
	=	284.8

K. Seng Seng Bhd (XKLS:5192) Total Assets Explanation

Total Assets is connected with ROA %.

K. Seng Seng 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 )
	=	4.044	/	( (287.48	+	284.808)	/ 2 )
	=	4.044	/	286.144
	=	1.41 %

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.

K. Seng Seng 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 )
=	96.412	/	( (287.48	+	284.808)	/ 2 )
=	96.412	/	286.144
=	0.34

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.

K. Seng Seng Bhd Total Assets Related Terms

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K. Seng Seng Bhd (XKLS:5192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.kssc.com.my

K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

K. Seng Seng Bhd (XKLS:5192) Headlines

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