ASN Broker PCL (BKK:ASN) Total Assets : ฿550.3 Mil (As of Mar. 2024)

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What is ASN Broker PCL Total Assets?

ASN Broker PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿550.3 Mil.

Warning Sign:

If a company builds assets at 17.8% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ASN Broker PCL's average Total Assets Growth Rate was 2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 24.10% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year.

During the past 9 years, ASN Broker PCL's highest 3-Year average Total Assets Growth Rate was 66.60%. The lowest was 16.40%. And the median was 26.45%.

Total Assets is connected with ROA %. ASN Broker PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 0.67%. Total Assets is also linked to Revenue through Asset Turnover. ASN Broker PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

ASN Broker PCL Total Assets Historical Data

The historical data trend for ASN Broker 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.

ASN Broker PCL Total Assets Chart

ASN Broker PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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365.14

389.57

597.65

568.82

557.70

ASN Broker PCL Quarterly Data
	Jun19	Sep19	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															561.51	552.50	546.49	557.70	550.33

ASN Broker 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.

ASN Broker PCL'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 )
	=	293.833	+	263.863
	=	557.7

ASN Broker 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 )
	=	294.762	+	255.571
	=	550.3

ASN Broker PCL (BKK:ASN) Total Assets Explanation

Total Assets is connected with ROA %.

ASN Broker 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 )
	=	3.716	/	( (557.696	+	550.333)	/ 2 )
	=	3.716	/	554.0145
	=	0.67 %

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.

ASN Broker 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 )
=	40.342	/	( (557.696	+	550.333)	/ 2 )
=	40.342	/	554.0145
=	0.07

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.

ASN Broker PCL Total Assets Related Terms

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ASN Broker PCL (BKK:ASN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ASN Broker PCL (BKK:ASN) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 388 IBM Tower, 16th Floor, Zone B, Samsennai, Phayathai, Bangkok, THA, 10400

Website

https://www.asnbroker.co.th

ASN Broker PCL is a Thailand-based company engaged in providing loans and non-life insurance broker activity. The company operates in the segments of Insurance broker; Loan and Peer-to-peer Lending. The company derives key revenue from the insurance broker segment which provides non-life insurance broker and life insurance broker services. The loan segment provides lending services through the peer-to-peer lending platform and personal loans. The group operates in Thailand only.

ASN Broker PCL (BKK:ASN) Headlines

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