Hong Leong Bank Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM291,150 Mil.
Warning Sign:
If a company builds assets at 7.5% a year, faster than its revenue growth rate of 4.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hong Leong Bank Bhd's average Total Assets Growth Rate was 10.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.
During the past 13 years, Hong Leong Bank Bhd's highest 3-Year average Total Assets Growth Rate was 33.00%. The lowest was 3.60%. And the median was 8.05%.
The historical data trend for Hong Leong Bank Bhd'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.
Hong Leong Bank Bhd's Total Assets for the fiscal year that ended in Jun. 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.
Hong Leong Bank Bhd (XKLS:5819) Total Assets Explanation
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.
Hong Leong Bank Bhd'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.
Hong Leong Bank Bhd Total Assets Related Terms
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Hong Leong Bank Bhd (XKLS:5819) Business Description
Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.
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