Go Innovate Asia Bhd (XKLS:03028) Total Assets: RM149 Mil (As of Jun. 2025)


What is Go Innovate Asia Bhd Total Assets?

Go Innovate Asia Bhd XKLS:03028 Total Assets is RM149 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

Go Innovate Asia Bhd's Total Assets for the quarter that ended in Jun. 2025 was RM149 Mil.

During the past 12 months, Go Innovate Asia Bhd's average Total Assets Growth Rate was 48.10% per year. During the past 3 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 8 years, Go Innovate Asia Bhd's highest 3-Year average Total Assets Growth Rate was 16.90%. The lowest was -8.30%. And the median was 9.20%.

Total Assets is connected with ROA %. Go Innovate Asia Bhd's annualized ROA % for the quarter that ended in Jun. 2025 was 3.45%. Total Assets is also linked to Revenue through Asset Turnover. Go Innovate Asia Bhd's Asset Turnover for the quarter that ended in Jun. 2025 was 16.71.

Go Innovate Asia Bhd  (XKLS:03028) Total Assets Explanation

Total Assets is connected with ROA %.

Go Innovate Asia Bhd's annualized ROA % for the quarter that ended in Jun. 2025 is

ROA %=Net Income (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=4.13/( (90.462+149.07)/ 2 )
=4.13/119.766
=3.45 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) 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.

Go Innovate Asia Bhd's Asset Turnover for the quarter that ended in Jun. 2025 is

Asset Turnover
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=2001.367/( (90.462+149.07)/ 2 )
=2001.367/119.766
=16.71

* 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.

Go Innovate Asia Bhd Total Assets Related Terms

Go Innovate Asia Bhd Total Assets Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Total Assets Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 33.66 56.37 56.59 58.24 90.46

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 63.10 58.24 96.87 90.46 149.07

Go Innovate Asia 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.

Go Innovate Asia Bhd's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=10.483+79.979
=90

Go Innovate Asia Bhd's Total Assets for the quarter that ended in Jun. 2025 is calculated as

Total Assets=Total Equity (Q: Jun. 2025 )+Total Liabilities (Q: Jun. 2025 )
=12.648+136.422
=149

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of RM149 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Total Assets of RM149 Mil as of Jun. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Total Assets too high?
Go Innovate Asia Bhd's current Total Assets is RM149 Mil.
How does Go Innovate Asia Bhd's Total Assets compare to MS and GS?
Go Innovate Asia Bhd's Total Assets of RM149 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Capital Markets company?
A good Total Assets depends on the Capital Markets industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Total Assets is RM149 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Total Assets of RM149 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Total Assets is RM149 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Total Assets is RM149 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.