Zen Voce (ROCO:3581) Total Assets : NT$1,990 Mil (As of Jun. 2024)

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What is Zen Voce Total Assets?

Zen Voce's Total Assets for the quarter that ended in Jun. 2024 was NT$1,990 Mil.

During the past 12 months, Zen Voce's average Total Assets Growth Rate was -6.40% per year. During the past 3 years, the average Total Assets Growth Rate was -1.00% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Zen Voce's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was -6.10%. And the median was 2.60%.

Total Assets is connected with ROA %. Zen Voce's annualized ROA % for the quarter that ended in Jun. 2024 was 1.51%. Total Assets is also linked to Revenue through Asset Turnover. Zen Voce's Asset Turnover for the quarter that ended in Jun. 2024 was 0.17.

Zen Voce Total Assets Historical Data

The historical data trend for Zen Voce'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.

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Zen Voce Total Assets Chart

Zen Voce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,530.79

1,660.57

1,896.59

2,072.61

1,962.95

Zen Voce Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															1,944.22	2,002.18	1,962.95	2,004.02	1,990.28

Zen Voce 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.

Zen Voce'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 )
	=	977.989	+	984.963
	=	1,963

Zen Voce's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	967.449	+	1022.827
	=	1,990

Zen Voce (ROCO:3581) Total Assets Explanation

Total Assets is connected with ROA %.

Zen Voce's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	30.208	/	( (2004.022	+	1990.276)	/ 2 )
	=	30.208	/	1997.149
	=	1.51 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Zen Voce's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	348.616	/	( (2004.022	+	1990.276)	/ 2 )
=	348.616	/	1997.149
=	0.17

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.

Zen Voce Total Assets Related Terms

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Zen Voce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zen Voce Corp (ROCO:3581) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441

Website

http://www.zenvoce.com

Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.

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