TSG Development Co (ROCO:3521) Total Assets: NT$1,800.6 Mil (As of Dec. 2025)

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ROCO:3521 TSG Development Co Ltd ROCO:3521
57 GF Score
Price NT$12.20
GF Value NT$9.97
Valuation Modestly Overvalued
! 2 Warning Signs
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What is TSG Development Co Total Assets?

TSG Development Co ROCO:3521 57 Total Assets is NT$1,800.6 Mil as of Dec. 2025. GuruFocus rates ROCO:3521 with a GF Score™ of 57/100 and a GF Value™ of NT$9.97 (Modestly Overvalued). The stock has 2 warning signs investors should review.

TSG Development Co's Total Assets for the quarter that ended in Dec. 2025 was NT$1,800.6 Mil.

During the past 12 months, TSG Development Co's average Total Assets Growth Rate was -0.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.60% per year. During the past 5 years, the average Total Assets Growth Rate was -2.50% per year. During the past 10 years, the average Total Assets Growth Rate was -0.80% per year.

During the past 13 years, TSG Development Co's highest 3-Year average Total Assets Growth Rate was 38.40%. The lowest was -15.60%. And the median was -1.30%.

Total Assets is connected with ROA %. TSG Development Co's annualized ROA % for the quarter that ended in Dec. 2025 was -3.99%. Total Assets is also linked to Revenue through Asset Turnover. TSG Development Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.01.


TSG Development Co  (ROCO:3521) Total Assets Explanation

Total Assets is connected with ROA %.

TSG Development Co's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-68.468/( (1631.232+1800.585)/ 2 )
=-68.468/1715.9085
=-3.99 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) 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.

TSG Development Co's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=11.179/( (1631.232+1800.585)/ 2 )
=11.179/1715.9085
=0.01

* 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.

TSG Development Co Total Assets Related Terms


TSG Development Co Total Assets Historical Data

* Premium members only.

The historical data trend for TSG Development 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.

TSG Development Co Total Assets Chart

TSG Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,264.04 1,225.37 1,214.01 1,704.26 1,800.59

TSG Development Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,704.26 1,688.21 1,599.87 1,631.23 1,800.59
ROCO:3521
57GF Score
TSG Development Co Ltd ROCO:3521
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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TSG Development 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.

TSG Development Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=1471.944+328.641
=1,800.6

TSG Development Co's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=1471.944+328.641
=1,800.6

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of NT$1,800.6 Mil mean?
TSG Development Co (ROCO:3521) has a Total Assets of NT$1,800.6 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on TSG Development Co and its competitors.
Is TSG Development Co's Total Assets too high?
TSG Development Co's current Total Assets is NT$1,800.6 Mil. Overall, TSG Development Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's Total Assets compare to PWR and FIX?
TSG Development Co's Total Assets of NT$1,800.6 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Construction company?
A good Total Assets depends on the Construction industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on TSG Development Co and its competitors. TSG Development Co's current Total Assets is NT$1,800.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$9.97, compared to a current price of NT$12.20 — trading 22.4% above its estimated fair value. The current Total Assets is NT$1,800.6 Mil. TSG Development Co's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For TSG Development Co (ROCO:3521), the current Total Assets is NT$1,800.6 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$12.20 is trading 22.4% above its estimated GF Value™ of NT$9.97. GuruFocus considers TSG Development Co to be Modestly Overvalued.

Key valuation signals for ROCO:3521:

  • Total Assets: NT$1,800.6 Mil
  • GF Value™: NT$9.97 vs. price of NT$12.20 (22.4% above fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
57GF Score

Get the complete analysis for ROCO:3521

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.20
Price
NT$9.97
GF Value