Kein Hing International Bhd (XKLS:7199) Total Assets : RM289.0 Mil (As of Jul. 2024)

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What is Kein Hing International Bhd Total Assets?

Kein Hing International Bhd's Total Assets for the quarter that ended in Jul. 2024 was RM289.0 Mil.

During the past 12 months, Kein Hing International Bhd's average Total Assets Growth Rate was -1.30% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.80% per year.

During the past 13 years, Kein Hing International Bhd's highest 3-Year average Total Assets Growth Rate was 11.30%. The lowest was -6.30%. And the median was 2.50%.

Total Assets is connected with ROA %. Kein Hing International Bhd's annualized ROA % for the quarter that ended in Jul. 2024 was 7.09%. Total Assets is also linked to Revenue through Asset Turnover. Kein Hing International Bhd's Asset Turnover for the quarter that ended in Jul. 2024 was 0.31.

Kein Hing International Bhd Total Assets Historical Data

The historical data trend for Kein Hing International 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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Kein Hing International Bhd Total Assets Chart

Kein Hing International Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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196.21

226.20

247.12

263.56

285.60

Kein Hing International Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Total Assets	Get a 7-Day Free Trial															283.55	289.90	285.98	285.60	289.03

Kein Hing 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.

Kein Hing International Bhd's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	188.486	+	97.116
	=	285.6

Kein Hing International Bhd's Total Assets for the quarter that ended in Jul. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2024 )	+	Total Liabilities (Q: Jul. 2024 )
	=	192.972	+	96.053
	=	289.0

Kein Hing International Bhd (XKLS:7199) Total Assets Explanation

Total Assets is connected with ROA %.

Kein Hing International Bhd's annualized ROA % for the quarter that ended in Jul. 2024 is

ROA %	=	Net Income (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
	=	20.376	/	( (285.602	+	289.025)	/ 2 )
	=	20.376	/	287.3135
	=	7.09 %

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

Kein Hing International Bhd's Asset Turnover for the quarter that ended in Jul. 2024 is

	Asset Turnover
=	Revenue (Q: Jul. 2024 )	/	( (Total Assets (Q: Apr. 2024 )	+	Total Assets (Q: Jul. 2024 ))	/ count )
=	88.817	/	( (285.602	+	289.025)	/ 2 )
=	88.817	/	287.3135
=	0.31

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.

Kein Hing International Bhd Total Assets Related Terms

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Kein Hing International Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kein Hing International Bhd (XKLS:7199) » Definitions » Total Assets

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Address

Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300

Website

http://www.keinhing.com

Kein Hing International Bhd is a Malaysia-based investment holding company, whose principal activities include Sheet metal forming, precision machining, component assembly, and manufacture and sales of gas appliances. The company's operating segment includes Manufacturing; Trading and Investment holding. It generates maximum revenue from the Manufacturing segment. The manufacturing segment includes sheet metal forming, precision machining, component assembly, and the manufacture and sale of gas appliances. Geographically, it derives majority of its revenue from Vietnam and has a presence in Malaysia; America; Europe; Hong Kong; Thailand; Australia; Brazil, and Other Countries.

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