Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Total Assets : $112.06 Mil (As of Mar. 2024)

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What is Hwa Fong Rubber (Thailand) PCL Total Assets?

Hwa Fong Rubber (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2024 was $112.06 Mil.

During the past 12 months, Hwa Fong Rubber (Thailand) PCL's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was -1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 13 years, Hwa Fong Rubber (Thailand) PCL's highest 3-Year average Total Assets Growth Rate was 14.90%. The lowest was -8.40%. And the median was 2.90%.

Total Assets is connected with ROA %. Hwa Fong Rubber (Thailand) PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 14.40%. Total Assets is also linked to Revenue through Asset Turnover. Hwa Fong Rubber (Thailand) PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

Hwa Fong Rubber (Thailand) PCL Total Assets Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) 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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Hwa Fong Rubber (Thailand) PCL Total Assets Chart

Hwa Fong Rubber (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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121.00

128.42

128.85

117.69

117.37

Hwa Fong Rubber (Thailand) PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															118.22	113.65	114.06	117.37	112.06

Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) 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 )
	=	103.243	+	14.122
	=	117.37

Hwa Fong Rubber (Thailand) 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 )
	=	99.528	+	12.527
	=	112.06

Hwa Fong Rubber (Thailand) PCL (OTCPK:HWAFF) Total Assets Explanation

Total Assets is connected with ROA %.

Hwa Fong Rubber (Thailand) 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 )
	=	16.52	/	( (117.365	+	112.056)	/ 2 )
	=	16.52	/	114.7105
	=	14.40 %

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.

Hwa Fong Rubber (Thailand) 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 )
=	19.126	/	( (117.365	+	112.056)	/ 2 )
=	19.126	/	114.7105
=	0.17

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.

Hwa Fong Rubber (Thailand) PCL Total Assets Related Terms

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Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber (Thailand) PCL (OTCPK:HWAFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HFT:Thailand

Address

No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Praksa, Muang Samut Prakan, Samut Prakarn, THA, 10280

Website

https://www.duro.co.th

Hwa Fong Rubber (Thailand) PCL is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles such as trolley forklift, golf cart, and hiking cart. The company operates in two segments: Sale of goods and Investment. Geographically the business is spread across Asia, Europe, America, and others.

Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Headlines

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