PMAX (Powell Max) Total Assets : $3.67 Mil (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Powell Max Total Assets?

Powell Max's Total Assets for the quarter that ended in Jun. 2024 was $3.67 Mil.

Total Assets is connected with ROA %. Powell Max's annualized ROA % for the quarter that ended in Jun. 2024 was 6.05%. Total Assets is also linked to Revenue through Asset Turnover. Powell Max's Asset Turnover for the quarter that ended in Jun. 2024 was 0.88.

Powell Max Total Assets Historical Data

The historical data trend for Powell Max'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.

Powell Max Total Assets Chart

Powell Max Annual Data

Trend

Dec22

Dec23

Total Assets

2.55

2.94

Powell Max Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Total Assets	2.55	-	2.94	3.67

Powell Max 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.

Powell Max'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 )
	=	-1.961	+	4.904
	=	2.94

Powell Max'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 )
	=	-1.862	+	5.528
	=	3.67

Powell Max (NAS:PMAX) Total Assets Explanation

Total Assets is connected with ROA %.

Powell Max'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 )
	=	0.2	/	( (2.944	+	3.666)	/ 2 )
	=	0.2	/	3.305
	=	6.05 %

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.

Powell Max'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 )
=	2.911	/	( (2.944	+	3.666)	/ 2 )
=	2.911	/	3.305
=	0.88

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.

Powell Max Total Assets Related Terms

Thank you for viewing the detailed overview of Powell Max's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Powell Max Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Powell Max Ltd (NAS:PMAX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-14 Connaught Road Central, 22th floor, Euro Trade Centre, Hong Kong, HKG

Website

https://www.janfp.com

Powell Max Ltd is an financial communications services provider. Its financial communications services cover a full range of financial printing, corporate reporting, communications and language support services from inception to completion, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement and distribution. It operates in a single business segment which is the provision of corporate financial communications and financial printing services. Key revenue is derived from Hong Kong.