GSS Energy (SGX:41F) Total Assets : S$104.1 Mil (As of Dec. 2023)

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What is GSS Energy Total Assets?

GSS Energy's Total Assets for the quarter that ended in Dec. 2023 was S$104.1 Mil.

During the past 12 months, GSS Energy's average Total Assets Growth Rate was -4.40% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 18.40% per year.

During the past 13 years, GSS Energy's highest 3-Year average Total Assets Growth Rate was 37.60%. The lowest was -3.40%. And the median was 14.85%.

Total Assets is connected with ROA %. GSS Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -10.23%. Total Assets is also linked to Revenue through Asset Turnover. GSS Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.53.

GSS Energy Total Assets Historical Data

The historical data trend for GSS Energy'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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GSS Energy Total Assets Chart

GSS Energy Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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76.70

103.76

126.56

108.86

104.12

GSS Energy Semi-Annual Data
	Aug13	Feb14	Aug14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															126.56	144.49	108.86	119.63	104.12

GSS Energy 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.

GSS Energy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	41.505	+	62.611
	=	104.1

GSS Energy's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	41.505	+	62.611
	=	104.1

GSS Energy (SGX:41F) Total Assets Explanation

Total Assets is connected with ROA %.

GSS Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-11.446	/	( (119.627	+	104.116)	/ 2 )
	=	-11.446	/	111.8715
	=	-10.23 %

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

GSS Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	59.216	/	( (119.627	+	104.116)	/ 2 )
=	59.216	/	111.8715
=	0.53

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.

GSS Energy Total Assets Related Terms

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GSS Energy (SGX:41F) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GSS Energy Ltd (SGX:41F) » Definitions » Total Assets

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Address

Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628

Website

https://www.giken.com.sg

GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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