GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shin Steel Co Ltd (XKRX:162300) » Definitions » Total Assets

Shin Steel Co (XKRX:162300) Total Assets : ₩220,542 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shin Steel Co Total Assets?

Shin Steel Co's Total Assets for the quarter that ended in Mar. 2024 was ₩220,542 Mil.

Warning Sign:

If a company builds assets at 22% a year, faster than its revenue growth rate of 3.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shin Steel Co's average Total Assets Growth Rate was 26.30% per year. During the past 3 years, the average Total Assets Growth Rate was 18.90% per year. During the past 5 years, the average Total Assets Growth Rate was 22.00% per year.

During the past 6 years, Shin Steel Co's highest 3-Year average Total Assets Growth Rate was 23.10%. The lowest was 18.70%. And the median was 18.90%.

Total Assets is connected with ROA %. Shin Steel Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.43%. Total Assets is also linked to Revenue through Asset Turnover. Shin Steel Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.44.

Shin Steel Co Total Assets Historical Data

The historical data trend for Shin Steel Co'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.

Shin Steel Co Total Assets Chart

Shin Steel Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial 77,193.14 90,979.70 101,509.40 136,523.86 161,576.06

Shin Steel Co Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 176,775.98 186,696.89 189,548.81 184,968.40 220,541.92

Shin Steel Co 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.

Shin Steel Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=62934.598+98641.464
=161,576

Shin Steel Co'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 )
=72100.881+148441.04
=220,542

* 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.

Shin Steel Co  (XKRX:162300) Total Assets Explanation

Total Assets is connected with ROA %.

Shin Steel Co'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 )
=6951.844/( (184968.396+220541.92)/ 2 )
=6951.844/202755.158
=3.43 %

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.

Shin Steel Co'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 )
=89677.241/( (184968.396+220541.92)/ 2 )
=89677.241/202755.158
=0.44

* 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.

Shin Steel Co Total Assets Related Terms

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

Shin Steel Co (XKRX:162300) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shin Steel Co Ltd (XKRX:162300) » Definitions » Total Assets
Comparable Companies
XKRX:004890 XKRX:023000 XKRX:007280 XKRX:019440 XKRX:009730 XKRX:032560 XKRX:024090 XKRX:025550 XKRX:078940 XKRX:008970 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
174, Mieumsandan 4-ro, Gangseo-gu, Busan, KOR
Website
http://www.shin-steel.com
Shin Steel Co Ltd is a steel distribution company that supplies various types of products such as Cold Rolled Steel, Galvanized Steel, Alu-Zinc Steel, Pre-Painted Steel, Stainless Steel, and Tin Plate Steel.

Shin Steel Co (XKRX:162300) Headlines

No Headlines