MN Holdings Bhd (XKLS:0245) Total Assets : RM179.6 Mil (As of Mar. 2024)

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What is MN Holdings Bhd Total Assets?

MN Holdings Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM179.6 Mil.

During the past 12 months, MN Holdings Bhd's average Total Assets Growth Rate was 18.80% per year. During the past 3 years, the average Total Assets Growth Rate was 23.70% per year. During the past 5 years, the average Total Assets Growth Rate was 22.70% per year.

During the past 6 years, MN Holdings Bhd's highest 3-Year average Total Assets Growth Rate was 31.00%. The lowest was 17.80%. And the median was 23.70%.

Total Assets is connected with ROA %. MN Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was 10.89%. Total Assets is also linked to Revenue through Asset Turnover. MN Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.30.

MN Holdings Bhd Total Assets Historical Data

The historical data trend for MN Holdings Bhd'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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MN Holdings Bhd Total Assets Chart

MN Holdings Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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65.73

72.14

108.78

118.36

146.84

MN Holdings Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									135.28	146.84	143.22	165.73	179.59

MN Holdings Bhd 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.

MN Holdings Bhd'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 )
	=	71.085	+	75.752
	=	146.8

MN Holdings Bhd'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 )
	=	105.466	+	74.122
	=	179.6

MN Holdings Bhd (XKLS:0245) Total Assets Explanation

Total Assets is connected with ROA %.

MN Holdings Bhd'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 )
	=	18.8	/	( (165.73	+	179.588)	/ 2 )
	=	18.8	/	172.659
	=	10.89 %

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.

MN Holdings Bhd'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 )
=	51.112	/	( (165.73	+	179.588)	/ 2 )
=	51.112	/	172.659
=	0.30

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.

MN Holdings Bhd Total Assets Related Terms

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MN Holdings Bhd (XKLS:0245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MN Holdings Bhd (XKLS:0245) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650

Website

https://www.mnholdings.com.my

MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

MN Holdings Bhd (XKLS:0245) Headlines

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