Softstar Entertainment's Total Assets for the quarter that ended in Mar. 2024 was NT$7,970 Mil.
Warning Sign:
If a company builds assets at 46% a year, faster than its revenue growth rate of 36.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Softstar Entertainment's average Total Assets Growth Rate was 20.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 83.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 46.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 25.40% per year.
During the past 13 years, Softstar Entertainment's highest 3-Year average Total Assets Growth Rate was 83.30%. The lowest was -6.40%. And the median was 15.90%.
* 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.
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.
Softstar Entertainment's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Softstar Entertainment (ROCO:6111) Total Assets Explanation
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.
Softstar Entertainment's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Softstar Entertainment Total Assets Related Terms
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Softstar Entertainment (ROCO:6111) Business Description
Softstar Entertainment Inc is engaged in the development and distribution of computer game software. Its products include stand-alone game software, online game software, Web game software, mobile game software, and computer software peripheral products. The Group is organized into business units based on its products and services and has four reportable operating segments as follows: Operating Department, Research and Development Department, Electronic Products Department, and Beauty Products Department. The majority of revenue comes from Research and development and licensing segment.
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