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Newsoft Technology (ROCO:5202) Total Assets : NT$1,228.4 Mil (As of Mar. 2024)


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What is Newsoft Technology Total Assets?

Newsoft Technology's Total Assets for the quarter that ended in Mar. 2024 was NT$1,228.4 Mil.

During the past 12 months, Newsoft Technology's average Total Assets Growth Rate was 83.40% per year. During the past 3 years, the average Total Assets Growth Rate was -9.70% per year. During the past 5 years, the average Total Assets Growth Rate was -6.50% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Newsoft Technology's highest 3-Year average Total Assets Growth Rate was 43.00%. The lowest was -20.90%. And the median was -0.70%.

Total Assets is connected with ROA %. Newsoft Technology's annualized ROA % for the quarter that ended in Mar. 2024 was 2.22%. Total Assets is also linked to Revenue through Asset Turnover. Newsoft Technology's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


Newsoft Technology Total Assets Historical Data

The historical data trend for Newsoft Technology'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.

Newsoft Technology Total Assets Chart

Newsoft Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 786.36 802.49 929.21 1,038.22 1,211.37

Newsoft Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,018.70 1,033.56 1,043.70 1,211.37 1,228.36

Newsoft Technology 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.

Newsoft Technology'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 )
=1137.283+74.086
=1,211.4

Newsoft Technology's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1165.362+63.002
=1,228.4

* 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.


Newsoft Technology  (ROCO:5202) Total Assets Explanation

Total Assets is connected with ROA %.

Newsoft Technology's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=27.136/( (1211.369+1228.364)/ 2 )
=27.136/1219.8665
=2.22 %

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.

Newsoft Technology's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=37.71/( (1211.369+1228.364)/ 2 )
=37.71/1219.8665
=0.03

* 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.

Newsoft Technology Total Assets Related Terms

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Newsoft Technology (ROCO:5202) Business Description

Traded in Other Exchanges
N/A
Address
Xinhu 1st Road, 6th Floor Number 15, Lane 128, Neihu District, Taipei, TWN, 114
Newsoft Technology Corp manufactures, and markets software such as images, video, text recognition, international connectivity and galleries. The principal activities of The Company are trading in computer CPU and peripherals, research and development, sales and trading of communications network equipment, information software services and research, design, manufacture and trading of software relating to the aforementioned computer peripherals.

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