Net Pacific Financial Holdings (SGX:5QY) Total Assets : S$16.72 Mil (As of Mar. 2024)

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What is Net Pacific Financial Holdings Total Assets?

Net Pacific Financial Holdings's Total Assets for the quarter that ended in Mar. 2024 was S$16.72 Mil.

During the past 12 months, Net Pacific Financial Holdings's average Total Assets Growth Rate was -8.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was -6.80% per year. During the past 10 years, the average Total Assets Growth Rate was -9.60% per year.

During the past 13 years, Net Pacific Financial Holdings's highest 3-Year average Total Assets Growth Rate was 41.50%. The lowest was -20.50%. And the median was -4.55%.

Total Assets is connected with ROA %. Net Pacific Financial Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -14.84%. Total Assets is also linked to Revenue through Asset Turnover. Net Pacific Financial Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Net Pacific Financial Holdings Total Assets Historical Data

The historical data trend for Net Pacific Financial Holdings'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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Net Pacific Financial Holdings Total Assets Chart

Net Pacific Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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19.15

17.79

19.18

17.91

17.30

Net Pacific Financial Holdings Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															17.42	17.28	17.18	17.30	16.72

Net Pacific Financial Holdings 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.

Net Pacific Financial Holdings'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 )
	=	15.705	+	1.596
	=	17.30

Net Pacific Financial Holdings'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 )
	=	15.132	+	1.59
	=	16.72

Net Pacific Financial Holdings (SGX:5QY) Total Assets Explanation

Total Assets is connected with ROA %.

Net Pacific Financial Holdings'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 )
	=	-2.524	/	( (17.301	+	16.722)	/ 2 )
	=	-2.524	/	17.0115
	=	-14.84 %

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.

Net Pacific Financial Holdings'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 )
=	0.165	/	( (17.301	+	16.722)	/ 2 )
=	0.165	/	17.0115
=	0.01

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.

Net Pacific Financial Holdings Total Assets Related Terms

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Net Pacific Financial Holdings (SGX:5QY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Net Pacific Financial Holdings Ltd (SGX:5QY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Selegie Road, No.10-25, Singapore, SGP, 188307

Website

https://www.netpac.com.sg

Net Pacific Financial Holdings Ltd is engaged in providing financing services. It provides financing services to small and medium-sized companies in the People's Republic of China, Hong Kong Special Administrative Region, Australia, and beyond. The operating segments of the group are the Financing business which generates the majority of the revenue and the Investment segment. The group provides financial services in the financing business segment which includes the provision of working capital financing, asset-backed loans, mezzanine loans, and investments in growth-oriented companies. The investment segment is the business of investing in short-term financial instruments using cash on hand pending further loan disbursement or investment opportunities under the financing business.

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