Wang- Zheng Bhd (XKLS:7203) Total Assets : RM304.8 Mil (As of Dec. 2023)

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What is Wang- Zheng Bhd Total Assets?

Wang- Zheng Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM304.8 Mil.

During the past 12 months, Wang- Zheng Bhd's average Total Assets Growth Rate was 13.20% per year. During the past 3 years, the average Total Assets Growth Rate was 6.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.30% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 13 years, Wang- Zheng Bhd's highest 3-Year average Total Assets Growth Rate was 12.50%. The lowest was -13.90%. And the median was -0.70%.

Total Assets is connected with ROA %. Wang- Zheng Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 2.91%. Total Assets is also linked to Revenue through Asset Turnover. Wang- Zheng Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Wang- Zheng Bhd Total Assets Historical Data

The historical data trend for Wang- Zheng 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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Wang- Zheng Bhd Total Assets Chart

Wang- Zheng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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271.03

268.51

276.61

271.01

304.80

Wang- Zheng Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															271.01	281.94	294.15	284.35	304.80

Wang- Zheng 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.

Wang- Zheng Bhd'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 )
	=	203.958	+	100.846
	=	304.8

Wang- Zheng Bhd's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	203.958	+	100.846
	=	304.8

Wang- Zheng Bhd (XKLS:7203) Total Assets Explanation

Total Assets is connected with ROA %.

Wang- Zheng Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	8.576	/	( (284.35	+	304.804)	/ 2 )
	=	8.576	/	294.577
	=	2.91 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Wang- Zheng Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	78.434	/	( (284.35	+	304.804)	/ 2 )
=	78.434	/	294.577
=	0.27

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.

Wang- Zheng Bhd Total Assets Related Terms

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Wang- Zheng Bhd (XKLS:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Wang- Zheng Bhd (XKLS:7203) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1 Jalan Utarid U5/19, Section U5, Shah Alam, SGR, MYS, 40150

Website

https://www.wangzhengberhad.com

Wang- Zheng Bhd is an investment holding company. Through its subsidiaries, the company is involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products, and processed papers. It has three segments, Processed Paper Products segment; which comprises of processed and distributed papers including wood-free paper and art paper; Disposable Fibre-Based products segment, which comprises of manufacture and distribution of a wide range of disposable adult and baby diapers, sanitary protection, tissue products, and cotton products; and Investment holding and others; which engages in investment holding and others.

Wang- Zheng Bhd (XKLS:7203) Headlines

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