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Forg Innovation Co (ROCO:4712) Total Assets : NT$68.59 Mil (As of Jun. 2024)


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What is Forg Innovation Co Total Assets?

Forg Innovation Co's Total Assets for the quarter that ended in Jun. 2024 was NT$68.59 Mil.

During the past 12 months, Forg Innovation Co's average Total Assets Growth Rate was -28.60% per year. During the past 3 years, the average Total Assets Growth Rate was -29.90% per year. During the past 5 years, the average Total Assets Growth Rate was -20.80% per year. During the past 10 years, the average Total Assets Growth Rate was -15.20% per year.

During the past 13 years, Forg Innovation Co's highest 3-Year average Total Assets Growth Rate was 21.90%. The lowest was -40.40%. And the median was -7.95%.

Total Assets is connected with ROA %. Forg Innovation Co's annualized ROA % for the quarter that ended in Jun. 2024 was -18.99%. Total Assets is also linked to Revenue through Asset Turnover. Forg Innovation Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Forg Innovation Co Total Assets Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Total Assets Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 499.01 484.08 288.66 244.81 162.58

Forg Innovation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 79.38 68.71 65.38 72.01 68.59

Forg Innovation 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.

Forg Innovation Co's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=75.537+87.045
=162.58

Forg Innovation Co'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 )
=57.025+11.565
=68.59

* 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.


Forg Innovation Co  (ROCO:4712) Total Assets Explanation

Total Assets is connected with ROA %.

Forg Innovation Co'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 )
=-13.348/( (72.011+68.59)/ 2 )
=-13.348/70.3005
=-18.99 %

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.

Forg Innovation Co'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 )
=0.111/( (72.011+68.59)/ 2 )
=0.111/70.3005
=0.00

* 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.

Forg Innovation Co Total Assets Related Terms

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Forg Innovation Co Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

Forg Innovation Co Headlines

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