Hock Lok Siew Bhd (XKLS:7098) Total Assets : RM17.71 Mil (As of Sep. 2012)

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What is Hock Lok Siew Bhd Total Assets?

Hock Lok Siew Bhd's Total Assets for the quarter that ended in Sep. 2012 was RM17.71 Mil.

Total Assets is connected with ROA %. Hock Lok Siew Bhd's annualized ROA % for the quarter that ended in Sep. 2012 was 65.87%. Total Assets is also linked to Revenue through Asset Turnover. Hock Lok Siew Bhd's Asset Turnover for the quarter that ended in Sep. 2012 was 0.09.

Hock Lok Siew Bhd Total Assets Historical Data

The historical data trend for Hock Lok Siew 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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Hock Lok Siew Bhd Total Assets Chart

Hock Lok Siew Bhd Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Assets

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36.52

22.65

27.29

31.94

20.92

Hock Lok Siew Bhd Quarterly Data
	Dec11	Mar12	Jun12	Sep12
Total Assets	20.92	15.29	15.74	17.71

Hock Lok Siew 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.

Hock Lok Siew Bhd's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets	=	Total Equity (A: Dec. 2011 )	+	Total Liabilities (A: Dec. 2011 )
	=	-8.118	+	29.038
	=	20.92

Hock Lok Siew Bhd's Total Assets for the quarter that ended in Sep. 2012 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2012 )	+	Total Liabilities (Q: Sep. 2012 )
	=	-12.329	+	30.04
	=	17.71

Hock Lok Siew Bhd (XKLS:7098) Total Assets Explanation

Total Assets is connected with ROA %.

Hock Lok Siew Bhd's annualized ROA % for the quarter that ended in Sep. 2012 is

ROA %	=	Net Income (Q: Sep. 2012 )	/	( (Total Assets (Q: Jun. 2012 )	+	Total Assets (Q: Sep. 2012 ))	/ count )
	=	11.016	/	( (15.736	+	17.711)	/ 2 )
	=	11.016	/	16.7235
	=	65.87 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) 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.

Hock Lok Siew Bhd's Asset Turnover for the quarter that ended in Sep. 2012 is

	Asset Turnover
=	Revenue (Q: Sep. 2012 )	/	( (Total Assets (Q: Jun. 2012 )	+	Total Assets (Q: Sep. 2012 ))	/ count )
=	1.529	/	( (15.736	+	17.711)	/ 2 )
=	1.529	/	16.7235
=	0.09

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.

Hock Lok Siew Bhd Total Assets Related Terms

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Hock Lok Siew Bhd (XKLS:7098) Business Description

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