Poh Huat Resources Holdings Bhd (XKLS:7088) Total Assets : RM620.9 Mil (As of Jan. 2024)

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What is Poh Huat Resources Holdings Bhd Total Assets?

Poh Huat Resources Holdings Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM620.9 Mil.

During the past 12 months, Poh Huat Resources Holdings Bhd's average Total Assets Growth Rate was -3.60% per year. During the past 3 years, the average Total Assets Growth Rate was -6.20% per year. During the past 5 years, the average Total Assets Growth Rate was -0.50% per year. During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.

During the past 13 years, Poh Huat Resources Holdings Bhd's highest 3-Year average Total Assets Growth Rate was 11.70%. The lowest was -6.70%. And the median was 2.40%.

Total Assets is connected with ROA %. Poh Huat Resources Holdings Bhd's annualized ROA % for the quarter that ended in Jan. 2024 was 6.66%. Total Assets is also linked to Revenue through Asset Turnover. Poh Huat Resources Holdings Bhd's Asset Turnover for the quarter that ended in Jan. 2024 was 0.21.

Poh Huat Resources Holdings Bhd Total Assets Historical Data

The historical data trend for Poh Huat Resources Holdings 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.

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Poh Huat Resources Holdings Bhd Total Assets Chart

Poh Huat Resources Holdings Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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480.97

568.15

557.49

621.40

617.16

Poh Huat Resources Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															589.45	595.31	597.69	617.16	620.88

Poh Huat Resources Holdings 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.

Poh Huat Resources Holdings Bhd's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	535.015	+	82.142
	=	617.2

Poh Huat Resources Holdings Bhd's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	540.839	+	80.043
	=	620.9

Poh Huat Resources Holdings Bhd (XKLS:7088) Total Assets Explanation

Total Assets is connected with ROA %.

Poh Huat Resources Holdings Bhd's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	41.212	/	( (617.156	+	620.883)	/ 2 )
	=	41.212	/	619.0195
	=	6.66 %

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

Poh Huat Resources Holdings Bhd's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	131.14	/	( (617.156	+	620.883)	/ 2 )
=	131.14	/	619.0195
=	0.21

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.

Poh Huat Resources Holdings Bhd Total Assets Related Terms

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Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Poh Huat Resources Holdings Bhd (XKLS:7088) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

http://www.pohhuat.com

Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

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