If a company builds assets at 27.9% a year, faster than its revenue growth rate of 11.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Pestech International Bhd's average Total Assets Growth Rate was -22.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 27.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 54.90% per year.
During the past 13 years, Pestech International Bhd's highest 3-Year average Total Assets Growth Rate was 110.70%. The lowest was 12.20%. And the median was 39.10%.
* 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.
Pestech International 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.
Pestech International Bhd's Total Assets for the fiscal year that ended in Jun. 2021 is calculated as
* 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.
Pestech International Bhd (XKLS:5219) Total Assets Explanation
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.
Pestech International Bhd's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Pestech International Bhd Total Assets Related Terms
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Pestech International Bhd (XKLS:5219) Business Description
Pestech International Bhd is an electrical power technology company. It is engaged in the engineering, procurement, manufacturing, construction and commissioning of power substations and transmission lines in Malaysia and overseas. It operates through the Investment; and Engineering, Procurement, Manufacturing, Construction, and Commission (EPMCC), and Product segments. It delivers power plant automation and electrification solutions and railway system work packages including rail electrification, signalling and communication system. Most of its revenue gets derived from EPMCC segment.
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