Ann Joo Resources Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM3,175 Mil.
During the past 12 months, Ann Joo Resources Bhd's average Total Assets Growth Rate was 17.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 0.10% per year.
During the past 13 years, Ann Joo Resources Bhd's highest 3-Year average Total Assets Growth Rate was 42.50%. The lowest was -9.40%. And the median was 3.25%.
Ann Joo Resources Bhd Total Assets Historical Data
The historical data trend for Ann Joo Resources 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.
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.
Ann Joo Resources Bhd's Total Assets for the fiscal year that ended in Dec. 2023 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.
Ann Joo Resources Bhd (XKLS:6556) Total Assets Explanation
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.
Ann Joo Resources Bhd's Asset Turnover for the quarter that ended in Dec. 2023 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.
Ann Joo Resources Bhd Total Assets Related Terms
Thank you for viewing the detailed overview of Ann Joo Resources Bhd's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Ann Joo Resources Bhd (XKLS:6556) Business Description
Ann Joo Resources Bhd is mainly engaged in the manufacturing and trading of steel and steel-related products. The business activity of the group is divided into four segments: Upstream steel division which includes Manufacturing and trading of iron, steel, and steel-related products; Downstream steel division which engaged in Trading of steel and steel-related products, hardware, building and construction materials and operations of steel service centers; Green technology division which include Project management and contract services for solar and other renewable energy business as well as waste management services; and Investment Holding, property management and others. Geographically, it derives a majority of its revenue from Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:6556 has been successfully added to your 