mm2 Asia (SGX:1B0) Total Assets : S$472.5 Mil (As of Sep. 2023)

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What is mm2 Asia Total Assets?

mm2 Asia's Total Assets for the quarter that ended in Sep. 2023 was S$472.5 Mil.

During the past 12 months, mm2 Asia's average Total Assets Growth Rate was -19.80% per year. During the past 3 years, the average Total Assets Growth Rate was -16.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year.

During the past 10 years, mm2 Asia's highest 3-Year average Total Assets Growth Rate was 148.60%. The lowest was -16.00%. And the median was 70.20%.

Total Assets is connected with ROA %. mm2 Asia's annualized ROA % for the quarter that ended in Sep. 2023 was 1.31%. Total Assets is also linked to Revenue through Asset Turnover. mm2 Asia's Asset Turnover for the quarter that ended in Sep. 2023 was 0.29.

mm2 Asia Total Assets Historical Data

The historical data trend for mm2 Asia'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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mm2 Asia Total Assets Chart

mm2 Asia Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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665.72

737.31

623.81

579.09

429.14

mm2 Asia Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															607.35	579.09	571.78	429.14	472.53

mm2 Asia 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.

mm2 Asia'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 )
	=	91.606	+	337.535
	=	429.1

mm2 Asia'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 )
	=	102.157	+	370.373
	=	472.5

mm2 Asia (SGX:1B0) Total Assets Explanation

Total Assets is connected with ROA %.

mm2 Asia'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 )
	=	5.926	/	( (429.141	+	472.53)	/ 2 )
	=	5.926	/	450.8355
	=	1.31 %

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.

mm2 Asia'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 )
=	128.734	/	( (429.141	+	472.53)	/ 2 )
=	128.734	/	450.8355
=	0.29

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.

mm2 Asia Total Assets Related Terms

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mm2 Asia (SGX:1B0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » mm2 Asia Ltd (SGX:1B0) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

1MMA:Germany

Address

1002 Jalan Bukit Merah, No. 07-11, Redhill Industrial Estate, Singapore, SGP, 159456

Website

https://www.mm2asia.com

mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.

mm2 Asia (SGX:1B0) Headlines

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