Kwang Ming Silk Mill Co's Total Assets for the quarter that ended in Dec. 2024 was NT$2,017.7 Mil.
During the past 12 months, Kwang Ming Silk Mill Co's average Total Assets Growth Rate was -55.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -9.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 18.70% per year.
During the past 13 years, Kwang Ming Silk Mill Co's highest 3-Year average Total Assets Growth Rate was 37.50%. The lowest was -9.00%. And the median was 19.90%.
* 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.
Kwang Ming Silk Mill Co's Total Assets for the fiscal year that ended in Dec. 2024 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.
Kwang Ming Silk Mill Co (ROCO:4420) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Kwang Ming Silk Mill Co's Asset Turnover for the quarter that ended in Dec. 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.
Kwang Ming Silk Mill Co Total Assets Related Terms
Thank you for viewing the detailed overview of Kwang Ming Silk Mill Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Kwang Ming Silk Mill Co Ltd is a Taiwan-based company that engages in the manufacture and sale of woven fabric and blended fibers. Its products are used to manufacture bridal dress, sports, and casual wears, household decorations, industrial fabrics, and lining cloth, among others. The company has two reportable departments: the fiber department and the real estate development department. The fiber department is engaged in processing yarn, production and trading. The real estate development department is engaged in the development and leasing of residential and commercial office buildings and factories. The majority of its revenue is generated from the fiber department segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ROCO:4420 has been successfully added to your 