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Chen Nan Iron Wire Co (ROCO:2071) Total Assets : NT$2,511 Mil (As of Dec. 2024)


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What is Chen Nan Iron Wire Co Total Assets?

Chen Nan Iron Wire Co's Total Assets for the quarter that ended in Dec. 2024 was NT$2,511 Mil.

During the past 12 months, Chen Nan Iron Wire Co's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was -6.00% per year. During the past 5 years, the average Total Assets Growth Rate was -2.20% per year.

During the past 10 years, Chen Nan Iron Wire Co's highest 3-Year average Total Assets Growth Rate was 27.30%. The lowest was -6.00%. And the median was 2.40%.

Total Assets is connected with ROA %. Chen Nan Iron Wire Co's annualized ROA % for the quarter that ended in Dec. 2024 was 5.97%. Total Assets is also linked to Revenue through Asset Turnover. Chen Nan Iron Wire Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.33.


Chen Nan Iron Wire Co Total Assets Historical Data

The historical data trend for Chen Nan Iron Wire 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.

* Premium members only.

Chen Nan Iron Wire Co Total Assets Chart

Chen Nan Iron Wire Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,841.40 3,076.21 2,806.58 2,556.58 2,510.70

Chen Nan Iron Wire Co Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,806.58 2,655.20 2,556.58 2,570.24 2,510.70

Chen Nan Iron Wire Co 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.

Chen Nan Iron Wire Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1408.318+1102.377
=2,511

Chen Nan Iron Wire Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1408.318+1102.377
=2,511

* 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.


Chen Nan Iron Wire Co  (ROCO:2071) Total Assets Explanation

Total Assets is connected with ROA %.

Chen Nan Iron Wire Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=151.698/( (2570.238+2510.695)/ 2 )
=151.698/2540.4665
=5.97 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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.

Chen Nan Iron Wire Co's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=836.713/( (2570.238+2510.695)/ 2 )
=836.713/2540.4665
=0.33

* 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.

Chen Nan Iron Wire Co Total Assets Related Terms

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Chen Nan Iron Wire Co Business Description

Traded in Other Exchanges
N/A
Address
No.202, Lane 275, Shun-an Road, Luzhu District, Kaohsiung, TWN, 82150
Chen Nan Iron Wire Co Ltd is a Taiwan-based company engaged in providing products such as Self Drilling Screws, Roofing Screws, Chipboard Screws, Carbon Steel Wire, Alloy Wire, Bolts, and Nuts among others.

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