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Minox International Group Bhd (XKLS:0288) Total Assets : RM106.96 Mil (As of Jun. 2024)


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What is Minox International Group Bhd Total Assets?

Minox International Group Bhd's Total Assets for the quarter that ended in Jun. 2024 was RM106.96 Mil.

During the past 12 months, Minox International Group Bhd's average Total Assets Growth Rate was 25.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.40% per year.

During the past 5 years, Minox International Group Bhd's highest 3-Year average Total Assets Growth Rate was 7.40%. The lowest was 2.60%. And the median was 5.00%.

Total Assets is connected with ROA %. Minox International Group Bhd's annualized ROA % for the quarter that ended in Jun. 2024 was 2.25%. Total Assets is also linked to Revenue through Asset Turnover. Minox International Group Bhd's Asset Turnover for the quarter that ended in Jun. 2024 was 0.10.

Minox International Group Bhd Total Assets Historical Data

The historical data trend for Minox International Group 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.

Minox International Group Bhd Total Assets Chart

Minox International Group Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
68.47 72.02 72.86 79.74 113.44

Minox International Group Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Apr23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial 79.74 92.82 113.44 106.79 106.96

Minox International Group 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.

Minox International Group Bhd'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 )
=76.939+36.505
=113.44

Minox International Group Bhd's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=76.446+30.512
=106.96

* 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.

Minox International Group Bhd  (XKLS:0288) Total Assets Explanation

Total Assets is connected with ROA %.

Minox International Group Bhd's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.404/( (106.794+106.958)/ 2 )
=2.404/106.876
=2.25 %

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

Minox International Group Bhd's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=11.024/( (106.794+106.958)/ 2 )
=11.024/106.876
=0.10

* 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.

Minox International Group Bhd Total Assets Related Terms

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Minox International Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Minox International Group Bhd (XKLS:0288) » Definitions » Total Assets
Comparable Companies
XKLS:5087 XKLS:0211 XKLS:9199 XKLS:7217 XKLS:3778 XKLS:9873 XKLS:5192 XKLS:9881 XKLS:5021 XKLS:5232 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100
Website
https://www.minox.biz
Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

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