Thai Eastern Group Holdings PCL (BKK:TEGH) Total Assets : ฿7,956 Mil (As of Mar. 2024)

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What is Thai Eastern Group Holdings PCL Total Assets?

Thai Eastern Group Holdings PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿7,956 Mil.

During the past 12 months, Thai Eastern Group Holdings PCL's average Total Assets Growth Rate was 26.70% per year. During the past 3 years, the average Total Assets Growth Rate was 12.60% per year.

During the past 4 years, Thai Eastern Group Holdings PCL's highest 3-Year average Total Assets Growth Rate was 12.60%. The lowest was 12.60%. And the median was 12.60%.

Total Assets is connected with ROA %. Thai Eastern Group Holdings PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 3.30%. Total Assets is also linked to Revenue through Asset Turnover. Thai Eastern Group Holdings PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.48.

Thai Eastern Group Holdings PCL Total Assets Historical Data

The historical data trend for Thai Eastern Group Holdings 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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Thai Eastern Group Holdings PCL Total Assets Chart

Thai Eastern Group Holdings PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

5,288.49

6,482.32

6,938.10

7,409.51

Thai Eastern Group Holdings PCL Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial								6,289.39	5,963.02	6,409.26	7,409.51	7,955.91

Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings 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 )
	=	3179.798	+	4229.708
	=	7,410

Thai Eastern Group Holdings 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 )
	=	3188.456	+	4767.452
	=	7,956

Thai Eastern Group Holdings PCL (BKK:TEGH) Total Assets Explanation

Total Assets is connected with ROA %.

Thai Eastern Group Holdings 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 )
	=	253.552	/	( (7409.507	+	7955.908)	/ 2 )
	=	253.552	/	7682.7075
	=	3.30 %

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.

Thai Eastern Group Holdings 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 )
=	3708.653	/	( (7409.507	+	7955.908)	/ 2 )
=	3708.653	/	7682.7075
=	0.48

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.

Thai Eastern Group Holdings PCL Total Assets Related Terms

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Thai Eastern Group Holdings PCL (BKK:TEGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Eastern Group Holdings PCL (BKK:TEGH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190

Website

https://www.thaieasterngroup.com

Thai Eastern Group Holdings PCL is engaged in the investment in equity securities and the provision of management services. The subsidiaries are principally engaged in the manufacture and distribution of block rubber, concentrated latex, palm oil, palm seed oil, electricity and biogas, including treatment services of organic waste disposal. The company operates in four reportable segment Block rubber and concentrated latex, Crude palm oil, Energy, and Other. The majority of revenue is derived from the Block rubber and concentrated latex segment.

Thai Eastern Group Holdings PCL (BKK:TEGH) Headlines

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