Rimbaco Group Global (HKSE:01953) Total Assets : HK$528.8 Mil (As of Oct. 2024)

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What is Rimbaco Group Global Total Assets?

Rimbaco Group Global's Total Assets for the quarter that ended in Oct. 2024 was HK$528.8 Mil.

During the past 12 months, Rimbaco Group Global's average Total Assets Growth Rate was -13.40% per year. During the past 3 years, the average Total Assets Growth Rate was -6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 8 years, Rimbaco Group Global's highest 3-Year average Total Assets Growth Rate was 21.90%. The lowest was -8.60%. And the median was 10.10%.

Total Assets is connected with ROA %. Rimbaco Group Global's annualized ROA % for the quarter that ended in Oct. 2024 was 1.34%. Total Assets is also linked to Revenue through Asset Turnover. Rimbaco Group Global's Asset Turnover for the quarter that ended in Oct. 2024 was 0.62.

Rimbaco Group Global Total Assets Historical Data

The historical data trend for Rimbaco Group Global'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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Rimbaco Group Global Total Assets Chart

Rimbaco Group Global Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Total Assets

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441.71

588.14

474.32

574.04

528.79

Rimbaco Group Global Semi-Annual Data
	Oct17	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Total Assets	Get a 7-Day Free Trial									474.32	585.12	574.04	422.39	528.79

Rimbaco Group Global 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.

Rimbaco Group Global's Total Assets for the fiscal year that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (A: Oct. 2024 )	+	Total Liabilities (A: Oct. 2024 )
	=	273.763	+	255.022
	=	528.8

Rimbaco Group Global's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2024 )	+	Total Liabilities (Q: Oct. 2024 )
	=	273.763	+	255.022
	=	528.8

Rimbaco Group Global (HKSE:01953) Total Assets Explanation

Total Assets is connected with ROA %.

Rimbaco Group Global's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %	=	Net Income (Q: Oct. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
	=	6.368	/	( (422.391	+	528.786)	/ 2 )
	=	6.368	/	475.5885
	=	1.34 %

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

Rimbaco Group Global's Asset Turnover for the quarter that ended in Oct. 2024 is

	Asset Turnover
=	Revenue (Q: Oct. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
=	295.585	/	( (422.391	+	528.786)	/ 2 )
=	295.585	/	475.5885
=	0.62

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.

Rimbaco Group Global Total Assets Related Terms

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Rimbaco Group Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimbaco Group Global Ltd (HKSE:01953) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150

Website

https://www.rimbaco.com.my

Rimbaco Group Global Ltd is mainly involved in the building construction industry in Malaysia. It is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; institutional, commercial and residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings and commercial/residential complex; and infrastructure works. Rimbaco also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works and electrical works.

Executives

Lai Swee Yin
Low Seah Sun	2201 Interest of corporation controlled by you
Rbc Venture Limited

Rimbaco Group Global Headlines

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