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Military Commercial Joint Stock Bank (STC:MBB) Total Assets : ₫900,647,141 Mil (As of Mar. 2024)


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What is Military Commercial Joint Stock Bank Total Assets?

Military Commercial Joint Stock Bank's Total Assets for the quarter that ended in Mar. 2024 was ₫900,647,141 Mil.

Warning Sign:

If a company builds assets at 21.7% a year, faster than its revenue growth rate of 18.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Military Commercial Joint Stock Bank's average Total Assets Growth Rate was 14.30% per year. During the past 3 years, the average Total Assets Growth Rate was 24.50% per year. During the past 5 years, the average Total Assets Growth Rate was 21.70% per year. During the past 10 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 13 years, Military Commercial Joint Stock Bank's highest 3-Year average Total Assets Growth Rate was 26.10%. The lowest was 8.90%. And the median was 17.60%.

Total Assets is connected with ROA %. Military Commercial Joint Stock Bank's annualized ROA % for the quarter that ended in Mar. 2024 was 1.96%. Total Assets is also linked to Revenue through Asset Turnover. Military Commercial Joint Stock Bank's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Military Commercial Joint Stock Bank Total Assets Historical Data

The historical data trend for Military Commercial Joint Stock Bank'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.

Military Commercial Joint Stock Bank Total Assets Chart

Military Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 411,487,575.00 494,982,162.00 607,140,419.00 728,532,373.00 944,953,640.00

Military Commercial Joint Stock Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 760,761,405.00 806,237,587.00 815,880,535.00 944,953,640.00 900,647,141.00

Military Commercial Joint Stock Bank 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.

Military Commercial Joint Stock Bank'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 )
=96711159+848242481
=944,953,640

Military Commercial Joint Stock Bank'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 )
=101341424+799305717
=900,647,141

* 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.


Military Commercial Joint Stock Bank  (STC:MBB) Total Assets Explanation

Total Assets is connected with ROA %.

Military Commercial Joint Stock Bank'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 )
=18130792/( (944953640+900647141)/ 2 )
=18130792/922800390.5
=1.96 %

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.

Military Commercial Joint Stock Bank'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 )
=11766938/( (944953640+900647141)/ 2 )
=11766938/922800390.5
=0.01

* 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.

Military Commercial Joint Stock Bank Total Assets Related Terms

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Military Commercial Joint Stock Bank (STC:MBB) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Le Van Luong Street, 25th Floor, MB Building, Trung Hoa Ward, Cau Giay District, Hanoi, VNM
Military Commercial Joint Stock Bank provides personal and corporate banking services in Vietnam. The company is engaged in mobilizing and receiving short. medium and long-term deposit funds from organizations and individuals; lending on a short, medium and long-term; conducting settlement and cash services and other banking services as approved by the SBV; making capital contributions. Its operating segment includes Banking and Finance; Securities - Fund Management; Insurance and Debt collection - Asset management. The company generates maximum revenue from Banking and Finance segment.

Military Commercial Joint Stock Bank (STC:MBB) Headlines

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