LHN Logistics (SGX:GIH) Total Assets : S$39.05 Mil (As of Mar. 2023)

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What is LHN Logistics Total Assets?

LHN Logistics's Total Assets for the quarter that ended in Mar. 2023 was S$39.05 Mil.

During the past 3 years, the average Total Assets Growth Rate was 15.20% per year.

During the past 4 years, LHN Logistics's highest 3-Year average Total Assets Growth Rate was 15.20%. The lowest was 15.20%. And the median was 15.20%.

Total Assets is connected with ROA %. LHN Logistics's annualized ROA % for the quarter that ended in Mar. 2023 was 10.57%. Total Assets is also linked to Revenue through Asset Turnover. LHN Logistics's Asset Turnover for the quarter that ended in Mar. 2023 was 0.34.

LHN Logistics Total Assets Historical Data

The historical data trend for LHN Logistics'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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LHN Logistics Total Assets Chart

LHN Logistics Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Total Assets

20.53

36.93

37.92

35.31

LHN Logistics Semi-Annual Data
	Sep19	Sep20	Sep21	Mar22	Sep22	Mar23
Total Assets	Get a 7-Day Free Trial			36.93	37.92	-	35.31	39.05

LHN Logistics 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.

LHN Logistics's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (A: Sep. 2022 )	+	Total Liabilities (A: Sep. 2022 )
	=	14.774	+	20.534
	=	35.31

LHN Logistics's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	16.252	+	22.794
	=	39.05

LHN Logistics (SGX:GIH) Total Assets Explanation

Total Assets is connected with ROA %.

LHN Logistics's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	3.928	/	( (35.308	+	39.046)	/ 2 )
	=	3.928	/	37.177
	=	10.57 %

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

LHN Logistics's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	12.735	/	( (35.308	+	39.046)	/ 2 )
=	12.735	/	37.177
=	0.34

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.

LHN Logistics Total Assets Related Terms

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LHN Logistics (SGX:GIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LHN Logistics Ltd (SGX:GIH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Raeburn Park No. 02-15B, Singapore, SGP, 088702

Website

https://www.lhnlogistics.com

LHN Logistics Ltd is a logistics services group with two principal business segments, namely, transportation and container depot services. Geographically it derives a majority of its revenue from Singapore.

LHN Logistics (SGX:GIH) Headlines

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