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Raffles Interior (HKSE:01376) Total Assets : HK$259.3 Mil (As of Dec. 2023)


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What is Raffles Interior Total Assets?

Raffles Interior's Total Assets for the quarter that ended in Dec. 2023 was HK$259.3 Mil.

During the past 12 months, Raffles Interior's average Total Assets Growth Rate was -25.90% per year. During the past 3 years, the average Total Assets Growth Rate was -15.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.20% per year.

During the past 7 years, Raffles Interior's highest 3-Year average Total Assets Growth Rate was 7.20%. The lowest was -15.70%. And the median was 1.75%.

Total Assets is connected with ROA %. Raffles Interior's annualized ROA % for the quarter that ended in Dec. 2023 was -3.61%. Total Assets is also linked to Revenue through Asset Turnover. Raffles Interior's Asset Turnover for the quarter that ended in Dec. 2023 was 0.86.


Raffles Interior Total Assets Historical Data

The historical data trend for Raffles Interior'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.

* Premium members only.

Raffles Interior Total Assets Chart

Raffles Interior Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 255.88 374.35 329.50 238.86 259.27

Raffles Interior Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 329.50 262.43 238.86 260.85 259.27

Raffles Interior 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.

Raffles Interior'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 )
=72.47+186.8
=259.3

Raffles Interior's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=72.47+186.8
=259.3

* 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.


Raffles Interior  (HKSE:01376) Total Assets Explanation

Total Assets is connected with ROA %.

Raffles Interior's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-9.392/( (260.854+259.269)/ 2 )
=-9.392/260.0615
=-3.61 %

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

Raffles Interior's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=224.327/( (260.854+259.269)/ 2 )
=224.327/260.0615
=0.86

* 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.

Raffles Interior Total Assets Related Terms

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Raffles Interior (HKSE:01376) Business Description

Traded in Other Exchanges
N/A
Address
59 Sungei Kadut Loop, Singapore, SGP, 729490
Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.
Executives
Low Lek Huat 2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si 2101 Beneficial owner
Union Expert Investment Holding Limited 2101 Beneficial owner
Cao Chengpeng 2201 Interest of corporation controlled by you
Sng Siew Luan Emily 2202 Interest of your spouse
Pan Lulu 2202 Interest of your spouse
Ong Poh Eng 2202 Interest of your spouse
Ng Foo Wah 2201 Interest of corporation controlled by you
Neo Bee Ling Pauline 2202 Interest of your spouse
Chua Boon Par 2201 Interest of corporation controlled by you
Low Lek Hee 2201 Interest of corporation controlled by you
Loke Yoke Mei 2202 Interest of your spouse
Lo Lek Chew 2201 Interest of corporation controlled by you
Lim Bee Peng 2202 Interest of your spouse
Leong Wai Kit 2201 Interest of corporation controlled by you

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