PEC (SGX:IX2) Total Assets : S$432.5 Mil (As of Dec. 2023)

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What is PEC Total Assets?

PEC's Total Assets for the quarter that ended in Dec. 2023 was S$432.5 Mil.

During the past 12 months, PEC's average Total Assets Growth Rate was 22.50% per year. During the past 3 years, the average Total Assets Growth Rate was -5.40% per year. During the past 5 years, the average Total Assets Growth Rate was -2.20% per year. During the past 10 years, the average Total Assets Growth Rate was 0.30% per year.

During the past 13 years, PEC's highest 3-Year average Total Assets Growth Rate was 20.30%. The lowest was -10.70%. And the median was 5.30%.

Total Assets is connected with ROA %. PEC's annualized ROA % for the quarter that ended in Dec. 2023 was 2.47%. Total Assets is also linked to Revenue through Asset Turnover. PEC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.68.

PEC Total Assets Historical Data

The historical data trend for PEC'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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PEC Total Assets Chart

PEC Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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435.34

436.19

409.98

400.45

410.86

PEC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															407.83	400.45	399.86	410.86	432.48

PEC 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.

PEC's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	242.458	+	168.4
	=	410.9

PEC'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 )
	=	242.068	+	190.415
	=	432.5

PEC (SGX:IX2) Total Assets Explanation

Total Assets is connected with ROA %.

PEC'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 )
	=	10.416	/	( (410.858	+	432.483)	/ 2 )
	=	10.416	/	421.6705
	=	2.47 %

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.

PEC'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 )
=	287.021	/	( (410.858	+	432.483)	/ 2 )
=	287.021	/	421.6705
=	0.68

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.

PEC Total Assets Related Terms

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PEC (SGX:IX2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PEC Ltd (SGX:IX2) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

QPE:Germany

Address

14 International Business Park, Singapore, SGP, 609922

Website

https://www.peceng.com

PEC Ltd is a Singapore-based company, which is engaged in the provision of mechanical engineering and contracting services. Its segments are Project works, Plant maintenance and related services and Other operations. The Plant maintenance and related services segment is a key revenue driver, which relate to maintenance services provided to the oil and gas, petrochemical and chemical terminal industries. The project works segment relates to provision of engineering, procurement and construction services for certain aspects of plant projects, such as tankage and/or piping work, procurement to the oil and gas, pharmaceutical and oil and chemical terminal industries. Other operations segment relates to heat treatment, information technology services and construction equipment leasing services.

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