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F.I.T Group JSC (STC:FIT) Total Assets : ₫7,389,224 Mil (As of Mar. 2024)


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What is F.I.T Group JSC Total Assets?

F.I.T Group JSC's Total Assets for the quarter that ended in Mar. 2024 was ₫7,389,224 Mil.

During the past 12 months, F.I.T Group JSC's average Total Assets Growth Rate was 0.80% per year. During the past 3 years, the average Total Assets Growth Rate was 31.50% per year. During the past 5 years, the average Total Assets Growth Rate was 16.70% per year. During the past 10 years, the average Total Assets Growth Rate was 31.60% per year.

During the past 13 years, F.I.T Group JSC's highest 3-Year average Total Assets Growth Rate was 156.90%. The lowest was -5.40%. And the median was 28.05%.

Total Assets is connected with ROA %. F.I.T Group JSC's annualized ROA % for the quarter that ended in Mar. 2024 was 2.87%. Total Assets is also linked to Revenue through Asset Turnover. F.I.T Group JSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.


F.I.T Group JSC Total Assets Historical Data

The historical data trend for F.I.T Group JSC'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.

F.I.T Group JSC Total Assets Chart

F.I.T Group JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,284,710.65 5,283,977.46 5,984,081.19 6,997,712.26 7,721,553.53

F.I.T Group JSC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,298,564.14 7,847,453.89 7,271,202.48 7,721,553.53 7,389,224.12

F.I.T Group JSC 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.

F.I.T Group JSC'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 )
=5786941.127+1934612.402
=7,721,554

F.I.T Group JSC'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 )
=5866063.865+1523160.259
=7,389,224

* 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.


F.I.T Group JSC  (STC:FIT) Total Assets Explanation

Total Assets is connected with ROA %.

F.I.T Group JSC'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 )
=216928.432/( (7721553.529+7389224.123)/ 2 )
=216928.432/7555388.826
=2.87 %

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.

F.I.T Group JSC'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 )
=408847.012/( (7721553.529+7389224.123)/ 2 )
=408847.012/7555388.826
=0.05

* 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.

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.

F.I.T Group JSC Total Assets Related Terms

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F.I.T Group JSC (STC:FIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Le Van Luong, 5th Floor, Times Tower, HACC1 Complex, Thanh Xuan District, Hanoi, VNM
F.I.T Group JSC is a Vietnam based company operating in the investment advisory field and financial services. It offers advisory services such as capital mobilization and consultant service for the project, person and business; and M&A advisory service. In addition, the group is also engaged in providing real estate services, which includes appraising service, real estate repo service, management real estate service, mobilizing capital for real estate service, financial advisory service for real estate project including, rent, sell and purchase activities, and direct investment into real estate project. Through its subsidiaries, the group is also involved in the businesses of pharmaceutical, agriculture, FMCG and others.