If a company builds assets at 16.4% a year, faster than its revenue growth rate of 6.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Foxsemicon Integrated Technology's average Total Assets Growth Rate was -6.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 16.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 13 years, Foxsemicon Integrated Technology's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was -10.90%. And the median was 8.90%.
* 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.
* Premium members only.
Foxsemicon Integrated Technology Total Assets Chart
Foxsemicon Integrated Technology 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.
* 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.
Foxsemicon Integrated Technology (TPE:3413) 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.
Foxsemicon Integrated Technology'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.
Foxsemicon Integrated Technology Total Assets Related Terms
Thank you for viewing the detailed overview of Foxsemicon Integrated Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Foxsemicon Integrated Technology (TPE:3413) Business Description
Foxsemicon Integrated Technology Inc is engaged in research, development, design, manufacturing, and sales of subsystems and system integration of semiconductor equipment, subsystems and system integration of TFT-LCD, nano equipment, LED lighting, LED display product and other application product, photoelectric, communication wafer materials, and medical devices. The company's products are mainly used for the research, development, design, and manufacturing of equipment in the semiconductor industry, panel industry, optoelectronics, and energy industries, among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:3413 has been successfully added to your 