Serial System (SGX:S69) Total Assets : S$532 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Serial System Total Assets?

Serial System's Total Assets for the quarter that ended in Dec. 2023 was S$532 Mil.

During the past 12 months, Serial System's average Total Assets Growth Rate was -15.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% 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 0.10% per year.

During the past 13 years, Serial System's highest 3-Year average Total Assets Growth Rate was 31.90%. The lowest was -13.30%. And the median was 10.40%.

Total Assets is connected with ROA %. Serial System's annualized ROA % for the quarter that ended in Dec. 2023 was -1.03%. Total Assets is also linked to Revenue through Asset Turnover. Serial System's Asset Turnover for the quarter that ended in Dec. 2023 was 0.96.

Serial System Total Assets Historical Data

The historical data trend for Serial System'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.

Serial System Total Assets Chart

Serial System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

528.57

528.58

596.89

618.47

532.15

Serial System Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															596.89	651.75	618.47	552.22	532.15

Serial System 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.

Serial System'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 )
	=	175.615	+	356.53
	=	532

Serial System'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 )
	=	175.615	+	356.53
	=	532

Serial System (SGX:S69) Total Assets Explanation

Total Assets is connected with ROA %.

Serial System'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 )
	=	-5.608	/	( (552.217	+	532.145)	/ 2 )
	=	-5.608	/	542.181
	=	-1.03 %

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.

Serial System'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 )
=	518.427	/	( (552.217	+	532.145)	/ 2 )
=	518.427	/	542.181
=	0.96

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.

Serial System Total Assets Related Terms

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

Serial System (SGX:S69) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Serial System Ltd (SGX:S69) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Ubi View No. 05-01, Serial System Building, Singapore, SGP, 408554

Website

https://www.serialsystem.com

Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, photographic, and timepiece products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses.

Serial System (SGX:S69) Headlines

No Headlines