Leon Fuat Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM1,065.2 Mil.
Warning Sign:
If a company builds assets at 12.3% a year, faster than its revenue growth rate of 10.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Leon Fuat Bhd's average Total Assets Growth Rate was 1.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 13.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.70% per year.
During the past 12 years, Leon Fuat Bhd's highest 3-Year average Total Assets Growth Rate was 16.40%. The lowest was 6.20%. And the median was 12.70%.
The historical data trend for Leon Fuat 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.
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.
Leon Fuat Bhd's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Leon Fuat Bhd (XKLS:5232) Total Assets Explanation
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.
Leon Fuat Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
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.
Leon Fuat Bhd Total Assets Related Terms
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Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing and/or manufacturing of Steel Products, and Others. It mainly involves the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as the production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and the Republic of Singapore.
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