Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Total Assets : ₫8,839,884 Mil (As of Mar. 2024)

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What is Rangdong Light Source & Vacuum Flask JSC Total Assets?

Rangdong Light Source & Vacuum Flask JSC's Total Assets for the quarter that ended in Mar. 2024 was ₫8,839,884 Mil.

Warning Sign:

If a company builds assets at 29% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Rangdong Light Source & Vacuum Flask JSC's average Total Assets Growth Rate was 12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 31.60% per year. During the past 5 years, the average Total Assets Growth Rate was 29.00% per year.

During the past 6 years, Rangdong Light Source & Vacuum Flask JSC's highest 3-Year average Total Assets Growth Rate was 35.00%. The lowest was 27.10%. And the median was 31.60%.

Total Assets is connected with ROA %. Rangdong Light Source & Vacuum Flask JSC's annualized ROA % for the quarter that ended in Mar. 2024 was 9.39%. Total Assets is also linked to Revenue through Asset Turnover. Rangdong Light Source & Vacuum Flask JSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.34.

Rangdong Light Source & Vacuum Flask JSC Total Assets Historical Data

The historical data trend for Rangdong Light Source & Vacuum Flask 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.

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Rangdong Light Source & Vacuum Flask JSC Total Assets Chart

Rangdong Light Source & Vacuum Flask JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,061,831.66

4,026,011.67

5,392,296.92

6,716,483.09

7,751,688.24

Rangdong Light Source & Vacuum Flask 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															7,797,302.17	7,485,949.09	7,574,361.32	7,751,688.24	8,839,883.76

Rangdong Light Source & Vacuum Flask 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.

Rangdong Light Source & Vacuum Flask 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 )
	=	2974272.46	+	4777415.78
	=	7,751,688

Rangdong Light Source & Vacuum Flask 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 )
	=	3168934.339	+	5670949.419
	=	8,839,884

Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Total Assets Explanation

Total Assets is connected with ROA %.

Rangdong Light Source & Vacuum Flask 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 )
	=	778647.516	/	( (7751688.24	+	8839883.758)	/ 2 )
	=	778647.516	/	8295785.999
	=	9.39 %

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.

Rangdong Light Source & Vacuum Flask 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 )
=	2830857.373	/	( (7751688.24	+	8839883.758)	/ 2 )
=	2830857.373	/	8295785.999
=	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.

Rangdong Light Source & Vacuum Flask JSC Total Assets Related Terms

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Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Business Description

Industry

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Address

87-89, Ha Dinh, Thanh Xuan Trung Ward, Thanh Xuan District, Ha Noi, VNM

Website

https://www.rangdong.com.vn

Rangdong Light Source & Vacuum Flask JSC is engaged in the manufacturing and trading of light products, electrical equipment, lighting tools, glass products and water thermos; service of science, technology and technology transfer; consulting and lighting design in civil and industrial; repairing and installing lighting equipment in civil and industrial and others.

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