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Song Hong Garment JSC (STC:MSH) Total Assets : ₫4,356,651 Mil (As of Sep. 2024)


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What is Song Hong Garment JSC Total Assets?

Song Hong Garment JSC's Total Assets for the quarter that ended in Sep. 2024 was ₫4,356,651 Mil.

During the past 12 months, Song Hong Garment JSC's average Total Assets Growth Rate was 22.90% per year. During the past 3 years, the average Total Assets Growth Rate was 7.00% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 6 years, Song Hong Garment JSC's highest 3-Year average Total Assets Growth Rate was 8.20%. The lowest was 3.70%. And the median was 7.00%.

Total Assets is connected with ROA %. Song Hong Garment JSC's annualized ROA % for the quarter that ended in Sep. 2024 was 12.18%. Total Assets is also linked to Revenue through Asset Turnover. Song Hong Garment JSC's Asset Turnover for the quarter that ended in Sep. 2024 was 0.41.

Song Hong Garment JSC Total Assets Historical Data

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC Total Assets Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 2,566,211.68 2,627,755.27 3,202,636.67 3,294,196.01 3,453,089.15

Song Hong Garment JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,763,020.35 3,453,089.15 3,657,011.29 4,193,258.30 4,356,650.93

Song Hong Garment 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.

Song Hong Garment 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 )
=1809754.663+1643334.484
=3,453,089

Song Hong Garment JSC's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=2145139.336+2211511.595
=4,356,651

* 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.

Song Hong Garment JSC  (STC:MSH) Total Assets Explanation

Total Assets is connected with ROA %.

Song Hong Garment JSC's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=520502.384/( (4193258.3+4356650.931)/ 2 )
=520502.384/4274954.6155
=12.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Song Hong Garment JSC's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1748464.77/( (4193258.3+4356650.931)/ 2 )
=1748464.77/4274954.6155
=0.41

* 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.

Song Hong Garment JSC Total Assets Related Terms

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Song Hong Garment JSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Song Hong Garment JSC (STC:MSH) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
105 Nguyen Duc Thuan, Nam Dinh, VNM
Website
https://www.songhong.vn
Song Hong Garment JSC is a Vietnam based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women and children.

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