Morimatsu International Holdings Co (FRA:1S5) Total Assets : €1,113.5 Mil (As of Jun. 2024)

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What is Morimatsu International Holdings Co Total Assets?

Morimatsu International Holdings Co's Total Assets for the quarter that ended in Jun. 2024 was €1,113.5 Mil.

During the past 12 months, Morimatsu International Holdings Co's average Total Assets Growth Rate was -5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 33.30% per year. During the past 5 years, the average Total Assets Growth Rate was 20.50% per year.

During the past 7 years, Morimatsu International Holdings Co's highest 3-Year average Total Assets Growth Rate was 33.30%. The lowest was 3.50%. And the median was 21.85%.

Total Assets is connected with ROA %. Morimatsu International Holdings Co's annualized ROA % for the quarter that ended in Jun. 2024 was 8.52%. Total Assets is also linked to Revenue through Asset Turnover. Morimatsu International Holdings Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.39.

Morimatsu International Holdings Co Total Assets Historical Data

The historical data trend for Morimatsu International Holdings Co'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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Morimatsu International Holdings Co Total Assets Chart

Morimatsu International Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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420.14

381.43

792.63

1,077.90

1,147.13

Morimatsu International Holdings Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial							948.31	1,077.90	1,156.95	1,147.13	1,113.52

Morimatsu International Holdings Co 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.

Morimatsu International Holdings Co'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 )
	=	563.876	+	583.251
	=	1,147.1

Morimatsu International Holdings Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	623.105	+	490.413
	=	1,113.5

Morimatsu International Holdings Co (FRA:1S5) Total Assets Explanation

Total Assets is connected with ROA %.

Morimatsu International Holdings Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	96.268	/	( (1147.127	+	1113.518)	/ 2 )
	=	96.268	/	1130.3225
	=	8.52 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Morimatsu International Holdings Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	445.215	/	( (1147.127	+	1113.518)	/ 2 )
=	445.215	/	1130.3225
=	0.39

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.

Morimatsu International Holdings Co Total Assets Related Terms

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Morimatsu International Holdings Co Business Description

Industry

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Traded in Other Exchanges

02155:Hong Kong

Address

No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323

Website

http://www.morimatsu-online.com

Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

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