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Chugokukogyo Co (TSE:5974) Total Assets : 円12,899 Mil (As of Dec. 2023)


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What is Chugokukogyo Co Total Assets?

Chugokukogyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円12,899 Mil.

During the past 12 months, Chugokukogyo Co's average Total Assets Growth Rate was 4.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 1.50% per year. During the past 10 years, the average Total Assets Growth Rate was 2.10% per year.

During the past 13 years, Chugokukogyo Co's highest 3-Year average Total Assets Growth Rate was 4.70%. The lowest was -7.30%. And the median was 0.55%.

Total Assets is connected with ROA %. Chugokukogyo Co's annualized ROA % for the quarter that ended in Dec. 2023 was 6.66%. Total Assets is also linked to Revenue through Asset Turnover. Chugokukogyo Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.35.


Chugokukogyo Co Total Assets Historical Data

The historical data trend for Chugokukogyo Co'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.

Chugokukogyo Co Total Assets Chart

Chugokukogyo Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,433.18 11,070.00 11,082.00 11,479.00 11,761.00

Chugokukogyo Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12,358.00 12,098.00 11,639.00 11,858.00 12,899.00

Chugokukogyo Co 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.

Chugokukogyo Co's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=4734+7027
=11,761

Chugokukogyo Co'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 )
=5212+7687
=12,899

* 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.


Chugokukogyo Co  (TSE:5974) Total Assets Explanation

Total Assets is connected with ROA %.

Chugokukogyo Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=824/( (11858+12899)/ 2 )
=824/12378.5
=6.66 %

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

Chugokukogyo Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=4302/( (11858+12899)/ 2 )
=4302/12378.5
=0.35

* 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.

Chugokukogyo Co Total Assets Related Terms

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Chugokukogyo Co (TSE:5974) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1, Hironada, Kure, JPN, 737-0192
Chugokukogyo Co Ltd manufactures and sells LP gas containers, storage tanks, and bulk storage tank; and designs, constructs, and inspects LP gas plants. It is also engaged in the manufacturing of iron structure products; FRP feed tank silage silos; FRP pharmaceutical tanks and covers; FRP automotive parts; and livestock products.

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