Kao Fong Machinery Co's Total Assets for the quarter that ended in Mar. 2024 was NT$4,363 Mil.
During the past 12 months, Kao Fong Machinery Co's average Total Assets Growth Rate was -4.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.70% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 13 years, Kao Fong Machinery Co's highest 3-Year average Total Assets Growth Rate was 18.40%. The lowest was -6.40%. And the median was 6.90%.
Kao Fong Machinery Co Total Assets Historical Data
The historical data trend for Kao Fong Machinery 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.
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.
Kao Fong Machinery Co's Total Assets for the fiscal year that ended in Dec. 2022 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.
Kao Fong Machinery Co (ROCO:4510) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Kao Fong Machinery Co's Asset Turnover for the quarter that ended in Mar. 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.
Kao Fong Machinery Co Total Assets Related Terms
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Kao Fong Machinery Co (ROCO:4510) Business Description
Kao Fong Machinery Co Ltd is engaged in the manufacture and distribution of machine tools and machinery equipment in Taiwan. Its products consist of vertical machining centers, horizontal machining centers, numerical control milling machines, as well as bridge machining centers.
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