Niche-Tech Semiconductor Materials (HKSE:08490) Total Assets : HK$358.1 Mil (As of Dec. 2023)

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What is Niche-Tech Semiconductor Materials Total Assets?

Niche-Tech Semiconductor Materials's Total Assets for the quarter that ended in Dec. 2023 was HK$358.1 Mil.

During the past 12 months, Niche-Tech Semiconductor Materials's average Total Assets Growth Rate was 22.00% per year. During the past 3 years, the average Total Assets Growth Rate was 10.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.20% per year.

During the past 9 years, Niche-Tech Semiconductor Materials's highest 3-Year average Total Assets Growth Rate was 10.70%. The lowest was -2.50%. And the median was 2.50%.

Total Assets is connected with ROA %. Niche-Tech Semiconductor Materials's annualized ROA % for the quarter that ended in Dec. 2023 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Niche-Tech Semiconductor Materials's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

Niche-Tech Semiconductor Materials Total Assets Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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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Niche-Tech Semiconductor Materials Total Assets Chart

Niche-Tech Semiconductor Materials Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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321.64

304.85

331.82

311.67

358.13

Niche-Tech Semiconductor Materials Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															311.67	-	335.52	-	358.13

Niche-Tech Semiconductor Materials 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.

Niche-Tech Semiconductor Materials'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 )
	=	220.938	+	137.194
	=	358.1

Niche-Tech Semiconductor Materials'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 )
	=	220.938	+	137.194
	=	358.1

Niche-Tech Semiconductor Materials (HKSE:08490) Total Assets Explanation

Total Assets is connected with ROA %.

Niche-Tech Semiconductor Materials's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.764	/	( (0	+	358.132)	/ 1 )
	=	0.764	/	358.132
	=	0.21 %

Note: The Net Income data used here is four times the quarterly (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.

Niche-Tech Semiconductor Materials's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	59.045	/	( (0	+	358.132)	/ 1 )
=	59.045	/	358.132
=	0.16

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.

Niche-Tech Semiconductor Materials Total Assets Related Terms

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Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niche-Tech Semiconductor Materials Ltd (HKSE:08490) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG

Website

https://www.nichetech.com.hk

Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.

Executives

Chows Investment Group Limited	2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited	2101 Beneficial owner
Cheng Pak Ching	2202 Interest of your spouse
Ma Ah Muk	2101 Beneficial owner
Chow Chun Kay Stephen	2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita	2202 Interest of your spouse
Chow Bok Hin Felix	2201 Interest of corporation controlled by you
Chow Kuo Li Jen	2202 Interest of your spouse

Niche-Tech Semiconductor Materials (HKSE:08490) Headlines

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