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Tecstar Technology Co (ROCO:3117) Total Assets : NT$682.8 Mil (As of Dec. 2023)


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What is Tecstar Technology Co Total Assets?

Tecstar Technology Co's Total Assets for the quarter that ended in Dec. 2023 was NT$682.8 Mil.

During the past 12 months, Tecstar Technology Co's average Total Assets Growth Rate was -23.10% per year. During the past 3 years, the average Total Assets Growth Rate was -7.80% per year. During the past 5 years, the average Total Assets Growth Rate was -6.30% per year. During the past 10 years, the average Total Assets Growth Rate was -4.30% per year.

During the past 13 years, Tecstar Technology Co's highest 3-Year average Total Assets Growth Rate was 7.20%. The lowest was -10.30%. And the median was -1.25%.

Total Assets is connected with ROA %. Tecstar Technology Co's annualized ROA % for the quarter that ended in Dec. 2023 was -11.41%. Total Assets is also linked to Revenue through Asset Turnover. Tecstar Technology Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.33.


Tecstar Technology Co Total Assets Historical Data

The historical data trend for Tecstar Technology 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.

Tecstar Technology Co Total Assets Chart

Tecstar Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 832.47 808.45 811.64 850.47 682.78

Tecstar Technology Co 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 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 Premium Member Only Premium Member Only Premium Member Only 811.64 856.09 850.47 755.42 682.78

Tecstar Technology 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.

Tecstar Technology Co'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 )
=127.045+555.733
=682.8

Tecstar Technology Co'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 )
=127.045+555.733
=682.8

* 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.


Tecstar Technology Co  (ROCO:3117) Total Assets Explanation

Total Assets is connected with ROA %.

Tecstar Technology Co'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 )
=-82.082/( (755.423+682.778)/ 2 )
=-82.082/719.1005
=-11.41 %

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.

Tecstar Technology Co'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 )
=238.713/( (755.423+682.778)/ 2 )
=238.713/719.1005
=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.

Tecstar Technology Co Total Assets Related Terms

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Tecstar Technology Co (ROCO:3117) Business Description

Traded in Other Exchanges
N/A
Address
Ln. 863, Gaoshi Rd, 326 No.32, Taoyuan, TWN, 32668
Tecstar Technology Co Ltd is engaged in the production and distribution of multilayer chips and iron cores in Taiwan. It offers multilayer chip beads and inductors, SMD power inductors and EMI beads, and Ni-Zn soft ferrite cores.

Tecstar Technology Co (ROCO:3117) Headlines

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