Bangchak PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿352,406 Mil.
Warning Sign:
If a company builds assets at 22.1% a year, faster than its revenue growth rate of 16.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Bangchak PCL's average Total Assets Growth Rate was 68.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 33.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 22.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.20% per year.
During the past 13 years, Bangchak PCL's highest 3-Year average Total Assets Growth Rate was 33.40%. The lowest was 2.80%. And the median was 9.60%.
The historical data trend for Bangchak 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.
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.
Bangchak PCL's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Bangchak PCL's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Bangchak PCL Total Assets Related Terms
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Bangchak Corp PCL is a Thailand-based energy company that engages in petroleum refining. Crude oil for refining can be gathered from both domestic and international sources, and processed into a variety of petroleum products. Gasoline and diesel fuels are marketed to customers in the industrial, transport, aviation, marine, construction, and agriculture sectors. The company also offers petroleum products at its line of retail stations around Thailand. In addition to its refinery business, Bangchak produces power from solar farms, biomass energy, and petroleum exploration and production.
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