Polynet PCL (BKK:POLY) Total Assets : ฿1,609.8 Mil (As of Mar. 2024)

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What is Polynet PCL Total Assets?

Polynet PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,609.8 Mil.

During the past 12 months, Polynet PCL's average Total Assets Growth Rate was -3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 4 years, Polynet PCL's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was 11.20%. And the median was 11.20%.

Total Assets is connected with ROA %. Polynet PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 11.64%. Total Assets is also linked to Revenue through Asset Turnover. Polynet PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Polynet PCL Total Assets Historical Data

The historical data trend for Polynet 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.

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Polynet PCL Total Assets Chart

Polynet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

944.48

1,134.90

1,692.86

1,565.90

Polynet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							1,693.25	1,464.63	1,484.22	1,565.90	1,609.83

Polynet 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.

Polynet 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 )
	=	1301.877	+	264.018
	=	1,565.9

Polynet 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 )
	=	1217.329	+	392.501
	=	1,609.8

Polynet PCL (BKK:POLY) Total Assets Explanation

Total Assets is connected with ROA %.

Polynet 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 )
	=	184.816	/	( (1565.895	+	1609.83)	/ 2 )
	=	184.816	/	1587.8625
	=	11.64 %

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.

Polynet 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 )
=	234.564	/	( (1565.895	+	1609.83)	/ 2 )
=	234.564	/	1587.8625
=	0.15

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.

Polynet PCL Total Assets Related Terms

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Polynet PCL (BKK:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polynet PCL (BKK:POLY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Moo 11, Bangsaothong District, Bangsaothong Subdistrict, SamutPrakarn, THA, 10570

Website

https://www.polynet.co.th

Polynet PCL is engaged in the forming, manufacturing and distributing products related to rubber, plastic, silicone, molds for the automotive industry, medical tools and equipment and consumer products.