ASFH (Asiafin Holdings) Total Assets : $4.16 Mil (As of Dec. 2024)

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What is Asiafin Holdings Total Assets?

Asiafin Holdings's Total Assets for the quarter that ended in Dec. 2024 was $4.16 Mil.

During the past 12 months, Asiafin Holdings's average Total Assets Growth Rate was 13.30% per year. During the past 3 years, the average Total Assets Growth Rate was 641.40% per year.

During the past 5 years, Asiafin Holdings's highest 3-Year average Total Assets Growth Rate was 641.40%. The lowest was 409.90%. And the median was 525.65%.

Total Assets is connected with ROA %. Asiafin Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 23.40%. Total Assets is also linked to Revenue through Asset Turnover. Asiafin Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.33.

Asiafin Holdings Total Assets Historical Data

The historical data trend for Asiafin Holdings'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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Asiafin Holdings Total Assets Chart

Asiafin Holdings Annual Data

Trend

Aug20

Aug21

Dec22

Dec23

Dec24

Total Assets

0.53

1.02

0.88

3.75

4.16

Asiafin Holdings Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															3.75	3.46	3.27	3.73	4.16

Asiafin Holdings 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.

Asiafin Holdings's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	2.145	+	2.017
	=	4.16

Asiafin Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	2.145	+	2.017
	=	4.16

Asiafin Holdings (OTCPK:ASFH) Total Assets Explanation

Total Assets is connected with ROA %.

Asiafin Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	0.924	/	( (3.734	+	4.163)	/ 2 )
	=	0.924	/	3.9485
	=	23.40 %

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

Asiafin Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	1.288	/	( (3.734	+	4.163)	/ 2 )
=	1.288	/	3.9485
=	0.33

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.

Asiafin Holdings Total Assets Related Terms

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Asiafin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asiafin Holdings Corp (OTCPK:ASFH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, Suite 30.02, 30th Floor, Menara KH (Promet), Kuala Lumpur, SGR, MYS, 50250

Website

https://www.asiafingroup.com

Asiafin Holdings Corp operates through its wholly owned subsidiaries by offering a range of system solutions in Payment Processing, Robotic Process Automation (RPA), and Regulatory Technology (RegTech) to financial institutions, regulatory agencies, professional service providers, and private enterprises from various industries, with existing clients in the Asia region. The Company has three reportable segments based on business units: Fintech, RPA, and Regtech businesses. The company generates all of its revenue from the Malaysian region.

Executives

Hui Yin Cham	officer: Principal Financial Officer	ZF-7 LE JARDINE CONDO, JALAN PANDAN INDAH 26, KUALA LUMPUR N8 55100
Seatech Ventures Corp.	10 percent owner	11-05&11-06, TOWER A,, AVE 3 VERTICAL BUSINESS SUITE,, BANGSAR SOUTH, KUALA LUMPUR N8 59200
Kai Cheong Wong	director, officer: CEO	NO.31, JALAN SL 3/3, BANDAR SUNGAI LONG, KAJANG N8 43000
Swee Ping Hoo	10 percent owner	20, JALAN SERING 7,, TAMAN SUNGAI SERING, BATU 9,, CHERAS N8 43200
See Unicorn Ventures Sdn Bhd	10 percent owner	11-05, TOWER A, AVE 3,, VERTICAL BUSINESS SUITE, JALAN KERINCHI, BANGSAR SOUTH N8 59200
Kok Wah Seah	director	B-13-3, PAPILLON DESA HILL, JALAN MORIB, TAMAN DESA, KUALA LUMPUR N8 58100