MeGroup (SGX:SJY) Total Assets : S$49.1 Mil (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is MeGroup Total Assets?

MeGroup's Total Assets for the quarter that ended in Sep. 2023 was S$49.1 Mil.

Warning Sign:

If a company builds assets at 15.1% a year, faster than its revenue growth rate of 13.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MeGroup's average Total Assets Growth Rate was 20.80% per year. During the past 3 years, the average Total Assets Growth Rate was 11.50% per year. During the past 5 years, the average Total Assets Growth Rate was 15.10% per year.

During the past 8 years, MeGroup's highest 3-Year average Total Assets Growth Rate was 29.70%. The lowest was 11.50%. And the median was 16.00%.

Total Assets is connected with ROA %. MeGroup's annualized ROA % for the quarter that ended in Sep. 2023 was 3.95%. Total Assets is also linked to Revenue through Asset Turnover. MeGroup's Asset Turnover for the quarter that ended in Sep. 2023 was 1.33.

MeGroup Total Assets Historical Data

The historical data trend for MeGroup'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.

MeGroup Total Assets Chart

MeGroup Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

30.72

34.83

35.61

41.77

46.13

MeGroup Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial										37.55	41.77	41.39	46.13	49.07

MeGroup 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.

MeGroup's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	13.431	+	32.703
	=	46.1

MeGroup'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 )
	=	13.947	+	35.125
	=	49.1

MeGroup (SGX:SJY) Total Assets Explanation

Total Assets is connected with ROA %.

MeGroup'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 )
	=	1.88	/	( (46.134	+	49.072)	/ 2 )
	=	1.88	/	47.603
	=	3.95 %

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.

MeGroup'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 )
=	63.387	/	( (46.134	+	49.072)	/ 2 )
=	63.387	/	47.603
=	1.33

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.

MeGroup Total Assets Related Terms

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

MeGroup (SGX:SJY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MeGroup Ltd (SGX:SJY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535

Website

https://www.me-grp.com

MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The business activities of the group function through the manufacturing business and dealership business segments where the manufacturing business segment specializes in manufacturing NVH components such as headliners and engine outers which are incorporated into various parts of automobiles, including the ceiling, dashboard, hood, and boot, as well as non-NVH components such as parcel trays and board assembly decks and the dealership business derives the majority of revenue which comprises several 3S and 4S automobile dealerships for the sale of new automobiles.

MeGroup (SGX:SJY) Headlines

No Headlines