Fintec Global Bhd (XKLS:0150PA.PFD) Total Assets : RM259.56 Mil (As of Dec. 2023)

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What is Fintec Global Bhd Total Assets?

Fintec Global Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM259.56 Mil.

During the past 12 months, Fintec Global Bhd's average Total Assets Growth Rate was 5.20% per year. During the past 3 years, the average Total Assets Growth Rate was -20.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 34.60% per year.

During the past 13 years, Fintec Global Bhd's highest 3-Year average Total Assets Growth Rate was 94.30%. The lowest was -22.70%. And the median was 17.50%.

Total Assets is connected with ROA %. Fintec Global Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -25.24%. Total Assets is also linked to Revenue through Asset Turnover. Fintec Global Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Fintec Global Bhd Total Assets Historical Data

The historical data trend for Fintec Global Bhd'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.

Fintec Global Bhd Total Assets Chart

Fintec Global Bhd Annual Data

Trend

Jan14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Jun21

Jun22

Jun23

Total Assets

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162.32

443.49

296.15

284.72

245.41

Fintec Global Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															257.15	245.54	245.41	276.60	259.56

Fintec Global Bhd 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.

Fintec Global Bhd's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	211.597	+	33.815
	=	245.41

Fintec Global Bhd'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 )
	=	229.015	+	30.545
	=	259.56

Fintec Global Bhd (XKLS:0150PA.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Fintec Global Bhd'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 )
	=	-67.672	/	( (276.603	+	259.56)	/ 2 )
	=	-67.672	/	268.0815
	=	-25.24 %

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.

Fintec Global Bhd'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 )
=	3.827	/	( (276.603	+	259.56)	/ 2 )
=	3.827	/	268.0815
=	0.01

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.

Fintec Global Bhd Total Assets Related Terms

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Fintec Global Bhd (XKLS:0150PA.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fintec Global Bhd (XKLS:0150PA.PFD) » Definitions » Total Assets

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0150:Malaysia

Address

No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410

Website

https://www.fintec.global

Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

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