Ni Hsin Group Bhd (XKLS:7215) Total Assets : RM110.06 Mil (As of Dec. 2024)

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What is Ni Hsin Group Bhd Total Assets?

Ni Hsin Group Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM110.06 Mil.

During the past 12 months, Ni Hsin Group Bhd's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was -3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.30% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, Ni Hsin Group Bhd's highest 3-Year average Total Assets Growth Rate was 11.80%. The lowest was -5.60%. And the median was 1.85%.

Total Assets is connected with ROA %. Ni Hsin Group Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was -4.39%. Total Assets is also linked to Revenue through Asset Turnover. Ni Hsin Group Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Ni Hsin Group Bhd Total Assets Historical Data

The historical data trend for Ni Hsin Group 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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Ni Hsin Group Bhd Total Assets Chart

Ni Hsin Group Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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97.66

117.03

116.02

107.47

110.06

Ni Hsin Group Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															107.47	107.50	109.10	109.53	110.06

Ni Hsin Group 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.

Ni Hsin Group Bhd's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	84.707	+	25.353
	=	110.06

Ni Hsin Group Bhd's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	84.707	+	25.353
	=	110.06

Ni Hsin Group Bhd (XKLS:7215) Total Assets Explanation

Total Assets is connected with ROA %.

Ni Hsin Group Bhd's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-4.816	/	( (109.529	+	110.06)	/ 2 )
	=	-4.816	/	109.7945
	=	-4.39 %

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

Ni Hsin Group Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	10.601	/	( (109.529	+	110.06)	/ 2 )
=	10.601	/	109.7945
=	0.10

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.

Ni Hsin Group Bhd Total Assets Related Terms

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Ni Hsin Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ni Hsin Group Bhd (XKLS:7215) » Definitions » Total Assets

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Traded in Other Exchanges

7215PA.PFD:Malaysia

Address

45, Jalan Taming Dua, Taman Taming Jaya, Seri Kembangan, SGR, MYS, 43300

Website

https://www.ni-hsin.com

Ni Hsin Group Bhd is a manufacturer of premium stainless-steel multi-ply cookware in Malaysia. The business of the company is organized into the following product segments, Cookware, Stainless-steel products, Food and beverages, Logistics services, and Electric vehicles. The products manufactured and sold under the cookware segment include premium multi-ply stainless steel cookware and pressure cookers which are sold locally and exported overseas.

Ni Hsin Group Bhd Headlines

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