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Ajusteel Co (XKRX:139990) Total Assets : ₩1,071,223 Mil (As of Jun. 2024)


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What is Ajusteel Co Total Assets?

Ajusteel Co's Total Assets for the quarter that ended in Jun. 2024 was ₩1,071,223 Mil.

During the past 12 months, Ajusteel Co's average Total Assets Growth Rate was 13.80% per year. During the past 3 years, the average Total Assets Growth Rate was 36.20% per year.

During the past 5 years, Ajusteel Co's highest 3-Year average Total Assets Growth Rate was 36.20%. The lowest was 33.90%. And the median was 35.05%.

Total Assets is connected with ROA %. Ajusteel Co's annualized ROA % for the quarter that ended in Jun. 2024 was -3.13%. Total Assets is also linked to Revenue through Asset Turnover. Ajusteel Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.28.


Ajusteel Co Total Assets Historical Data

The historical data trend for Ajusteel Co'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.

* Premium members only.

Ajusteel Co Total Assets Chart

Ajusteel Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
320,371.60 405,382.22 627,226.32 760,228.49 995,933.67

Ajusteel Co Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 950,189.44 1,068,863.25 995,933.67 1,035,668.67 1,071,223.03

Ajusteel Co 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.

Ajusteel Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=213559.768+782373.902
=995,934

Ajusteel Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=207698.649+863524.379
=1,071,223

* 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.


Ajusteel Co  (XKRX:139990) Total Assets Explanation

Total Assets is connected with ROA %.

Ajusteel Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-32931.432/( (1035668.673+1071223.028)/ 2 )
=-32931.432/1053445.8505
=-3.13 %

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

Ajusteel Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=291472.553/( (1035668.673+1071223.028)/ 2 )
=291472.553/1053445.8505
=0.28

* 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.

Ajusteel Co Total Assets Related Terms

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Ajusteel Co Business Description

Traded in Other Exchanges
N/A
Address
321, 4-gongdan-ro, Gumi, Gyeongsangbuk-do, KOR
Ajusteel Co Ltd is a steel company in Korea. It owns the full spectrum of manufacturing methods for designing steel surfaces. Its products include Texteel, SUSlike, Silk, pMCCL, Atex among others.

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