Sino Logistics PCL (BKK:SINO) Total Assets : ฿1,402 Mil (As of Mar. 2024)

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What is Sino Logistics PCL Total Assets?

Sino Logistics PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,402 Mil.

Total Assets is connected with ROA %. Sino Logistics PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 1.54%. Total Assets is also linked to Revenue through Asset Turnover. Sino Logistics PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.56.

Sino Logistics PCL Total Assets Historical Data

The historical data trend for Sino Logistics PCL'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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Sino Logistics PCL Total Assets Chart

Sino Logistics PCL Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

1,455.35

1,208.34

1,372.85

Sino Logistics PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial				-	1,074.33	1,371.49	1,372.85	1,401.54

Sino Logistics PCL 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.

Sino Logistics PCL'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 )
	=	862.134	+	510.719
	=	1,373

Sino Logistics PCL'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 )
	=	867.472	+	534.071
	=	1,402

Sino Logistics PCL (BKK:SINO) Total Assets Explanation

Total Assets is connected with ROA %.

Sino Logistics PCL'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 )
	=	21.348	/	( (1372.853	+	1401.543)	/ 2 )
	=	21.348	/	1387.198
	=	1.54 %

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.

Sino Logistics PCL'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 )
=	773.805	/	( (1372.853	+	1401.543)	/ 2 )
=	773.805	/	1387.198
=	0.56

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.

Sino Logistics PCL Total Assets Related Terms

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Sino Logistics PCL (BKK:SINO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sino Logistics Corp PCL (BKK:SINO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 3 Road, 7th Floor, Unit No. 05, 1011 Supalai Grand Tower, Chongnonsee, Yannawa, Bangkok, THA, 10120

Website

https://www.sinologistics.co.th

Sino Logistics Corp PCL is engaged in international and domestic freight forwarding, for sea freight, air freight, land transportation, and multimodal transport operator, warehouse rental service, and provides customs clearance services for imports and exports. It has four reportable segments, which are sea freight, air freight, warehouse rental service, and logistics support. It generate the majority of its revenue from Sea freight.

Sino Logistics PCL (BKK:SINO) Headlines

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