Asia Strategic Holdings (LSE:ASIA) Total Assets : $27.01 Mil (As of Sep. 2023)

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What is Asia Strategic Holdings Total Assets?

Asia Strategic Holdings's Total Assets for the quarter that ended in Sep. 2023 was $27.01 Mil.

During the past 12 months, Asia Strategic Holdings's average Total Assets Growth Rate was 8.70% per year. During the past 3 years, the average Total Assets Growth Rate was 56.20% per year. During the past 5 years, the average Total Assets Growth Rate was 86.00% per year.

During the past 8 years, Asia Strategic Holdings's highest 3-Year average Total Assets Growth Rate was 205.40%. The lowest was 56.20%. And the median was 122.90%.

Total Assets is connected with ROA %. Asia Strategic Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -23.90%. Total Assets is also linked to Revenue through Asset Turnover. Asia Strategic Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.49.

Asia Strategic Holdings Total Assets Historical Data

The historical data trend for Asia Strategic Holdings'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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Asia Strategic Holdings Total Assets Chart

Asia Strategic Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Total Assets

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5.93

7.47

22.72

25.46

27.01

Asia Strategic Holdings Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial										22.72	23.98	25.46	24.33	27.01

Asia Strategic Holdings 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.

Asia Strategic Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	-5.632	+	32.64
	=	27.01

Asia Strategic Holdings's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-5.632	+	32.64
	=	27.01

Asia Strategic Holdings (LSE:ASIA) Total Assets Explanation

Total Assets is connected with ROA %.

Asia Strategic Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-6.134	/	( (24.327	+	27.007)	/ 2 )
	=	-6.134	/	25.667
	=	-23.90 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Asia Strategic Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	12.601	/	( (24.327	+	27.007)	/ 2 )
=	12.601	/	25.667
=	0.49

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.

Asia Strategic Holdings Total Assets Related Terms

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Asia Strategic Holdings (LSE:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Asia Strategic Holdings Ltd (LSE:ASIA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624

Website

http://www.asia-strategic.com

Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.