SMEC Co's Total Assets for the quarter that ended in Mar. 2024 was ₩220,604 Mil.
During the past 12 months, SMEC Co's average Total Assets Growth Rate was 8.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 13 years, SMEC Co's highest 3-Year average Total Assets Growth Rate was 93.70%. The lowest was -5.20%. And the median was 6.50%.
Total Assets is connected with ROA %. SMEC Co's annualizedROA % for the quarter that ended in Mar. 2024 was 12.27%. Total Assets is also linked to Revenue through Asset Turnover. SMEC Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.
SMEC Co Total Assets Historical Data
The historical data trend for SMEC Co'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.
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.
SMEC Co'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.
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.
SMEC Co'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.
SMEC Co Total Assets Related Terms
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SMEC Co Ltd manufactures and sells machine tools, semiconductor and telecommunication equipment, robots, and laser equipment. The company offers machine tools, such as CNC lathes, machining center; parts; and robots associated with LCD production. It also provides network solutions, such as trunk, signaling, media, video, and IMS media gateways, as well as media gateway controllers, media resource function solutions, and session border controllers; LTE gateway solutions, including LTE SmallCell, evolved packet data, and trusted wireless access gateways; and WiFi solutions comprising WiFi access points and WiFi AP controllers. In addition, the company offers military satellite communication system; Internet of things; digital radio communication system solutions.
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