Solargiga Energy Holdings (Solargiga Energy Holdings) Total Assets : $794 Mil (As of Dec. 2023)

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What is Solargiga Energy Holdings Total Assets?

Solargiga Energy Holdings's Total Assets for the quarter that ended in Dec. 2023 was $794 Mil.

During the past 12 months, Solargiga Energy Holdings's average Total Assets Growth Rate was -26.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.00% per year. During the past 5 years, the average Total Assets Growth Rate was 7.00% per year. During the past 10 years, the average Total Assets Growth Rate was 3.10% per year.

During the past 13 years, Solargiga Energy Holdings's highest 3-Year average Total Assets Growth Rate was 67.90%. The lowest was -4.40%. And the median was 4.55%.

Total Assets is connected with ROA %. Solargiga Energy Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 0.40%. Total Assets is also linked to Revenue through Asset Turnover. Solargiga Energy Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.62.

Solargiga Energy Holdings Total Assets Historical Data

The historical data trend for Solargiga Energy Holdings'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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Solargiga Energy Holdings Total Assets Chart

Solargiga Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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631.50

856.62

987.73

1,109.81

793.84

Solargiga Energy Holdings 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															987.73	1,050.64	1,109.81	877.67	793.84

Solargiga Energy Holdings 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.

Solargiga Energy Holdings'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 )
	=	167.097	+	626.745
	=	794

Solargiga Energy Holdings'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 )
	=	167.097	+	626.745
	=	794

Solargiga Energy Holdings (OTCPK:SEHLF) Total Assets Explanation

Total Assets is connected with ROA %.

Solargiga Energy Holdings'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 )
	=	3.36	/	( (877.669	+	793.843)	/ 2 )
	=	3.36	/	835.756
	=	0.40 %

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.

Solargiga Energy Holdings'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 )
=	521.03	/	( (877.669	+	793.843)	/ 2 )
=	521.03	/	835.756
=	0.62

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.

Solargiga Energy Holdings Total Assets Related Terms

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Solargiga Energy Holdings (Solargiga Energy Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solargiga Energy Holdings Ltd (OTCPK:SEHLF) » Definitions » Total Assets

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00757:Hong Kong 3FV:Germany

Address

25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.solargiga.com

Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in the manufacturing of, trading of and provision of processing services for polysilicon and monocrystalline silicon solar ingots, the manufacturing, and trading of semiconductor and monocrystalline silicon solar cells, the manufacturing and trading of photovoltaic modules, and the construction and operation of photovoltaic power plants. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe, America, and other Asian regions.

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