OCI (XKRX:456040) Total Assets : ₩2,308,758 Mil (As of Mar. 2024)

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What is OCI Total Assets?

OCI's Total Assets for the quarter that ended in Mar. 2024 was ₩2,308,758 Mil.

Total Assets is connected with ROA %. OCI's annualized ROA % for the quarter that ended in Mar. 2024 was 7.04%. Total Assets is also linked to Revenue through Asset Turnover. OCI's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

OCI Total Assets Historical Data

The historical data trend for OCI'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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OCI Total Assets Chart

OCI Annual Data

Trend

Dec23

Total Assets

1,990,471.19

OCI Quarterly Data
	Jun23	Sep23	Dec23	Mar24
Total Assets	1,987,537.01	1,983,186.80	1,990,471.19	2,308,758.13

OCI 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.

OCI'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 )
	=	983528.347	+	1006942.846
	=	1,990,471

OCI's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1189647.41	+	1119110.722
	=	2,308,758

OCI (XKRX:456040) Total Assets Explanation

Total Assets is connected with ROA %.

OCI's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	151268.528	/	( (1990471.193	+	2308758.132)	/ 2 )
	=	151268.528	/	2149614.6625
	=	7.04 %

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

OCI's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	540314.471	/	( (1990471.193	+	2308758.132)	/ 2 )
=	540314.471	/	2149614.6625
=	0.25

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.

OCI Total Assets Related Terms

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OCI (XKRX:456040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » OCI (XKRX:456040) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

94, Sogong-ro, Jung-gu, Seoul, KOR, 100-718

Website

https://www.oci.co.kr

OCI is engaged in Solar PV Business, ESS (Energy Storage System), Cogeneration, Urban development projects, and Pharmaceutical-Bio business. The company will operate in Korea, China, and the United States.

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