Thai Energy Storage Technology PCL (BKK:3K-BAT) Total Assets : ฿3,736 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Thai Energy Storage Technology PCL Total Assets?

Thai Energy Storage Technology PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿3,736 Mil.

During the past 12 months, Thai Energy Storage Technology PCL's average Total Assets Growth Rate was -6.20% per year. During the past 5 years, the average Total Assets Growth Rate was -2.40% per year.

During the past 6 years, Thai Energy Storage Technology PCL's highest 3-Year average Total Assets Growth Rate was -0.80%. The lowest was -2.90%. And the median was -1.85%.

Total Assets is connected with ROA %. Thai Energy Storage Technology PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 19.22%. Total Assets is also linked to Revenue through Asset Turnover. Thai Energy Storage Technology PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.

Thai Energy Storage Technology PCL Total Assets Historical Data

The historical data trend for Thai Energy Storage Technology PCL'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.

Thai Energy Storage Technology PCL Total Assets Chart

Thai Energy Storage Technology PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

3,761.11

3,756.26

3,956.46

3,843.99

3,736.47

Thai Energy Storage Technology PCL Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															3,843.99	3,769.06	3,701.29	3,722.61	3,736.47

Thai Energy Storage Technology PCL 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.

Thai Energy Storage Technology PCL's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	2485.499	+	1250.971
	=	3,736

Thai Energy Storage Technology PCL'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 )
	=	2485.499	+	1250.971
	=	3,736

Thai Energy Storage Technology PCL (BKK:3K-BAT) Total Assets Explanation

Total Assets is connected with ROA %.

Thai Energy Storage Technology PCL'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 )
	=	716.88	/	( (3722.609	+	3736.47)	/ 2 )
	=	716.88	/	3729.5395
	=	19.22 %

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.

Thai Energy Storage Technology PCL'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 )
=	1242.377	/	( (3722.609	+	3736.47)	/ 2 )
=	1242.377	/	3729.5395
=	0.33

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.

Thai Energy Storage Technology PCL Total Assets Related Terms

Thank you for viewing the detailed overview of Thai Energy Storage Technology PCL's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thai Energy Storage Technology PCL (BKK:3K-BAT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280

Website

https://www.3kbattery.com

Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Headlines

No Headlines