StrongLED Lighting System (Cayman) Co (ROCO:5281) Total Assets : NT$1,157.8 Mil (As of Jun. 2023)

View and export this data going back to 2016. Start your Free Trial

What is StrongLED Lighting System (Cayman) Co Total Assets?

StrongLED Lighting System (Cayman) Co's Total Assets for the quarter that ended in Jun. 2023 was NT$1,157.8 Mil.

During the past 12 months, StrongLED Lighting System (Cayman) Co's average Total Assets Growth Rate was -25.80% per year. During the past 3 years, the average Total Assets Growth Rate was -8.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.70% per year.

During the past 9 years, StrongLED Lighting System (Cayman) Co's highest 3-Year average Total Assets Growth Rate was 29.50%. The lowest was -10.70%. And the median was -2.25%.

Total Assets is connected with ROA %. StrongLED Lighting System (Cayman) Co's annualized ROA % for the quarter that ended in Jun. 2023 was -5.59%. Total Assets is also linked to Revenue through Asset Turnover. StrongLED Lighting System (Cayman) Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.13.

StrongLED Lighting System (Cayman) Co Total Assets Historical Data

The historical data trend for StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co Total Assets Chart

StrongLED Lighting System (Cayman) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

2,038.94

1,734.15

1,496.90

1,529.42

1,243.46

StrongLED Lighting System (Cayman) Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															1,197.47	1,239.18	1,243.46	1,224.96	1,157.76

StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	735.969	+	507.495
	=	1,243.5

StrongLED Lighting System (Cayman) Co's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	704.227	+	453.536
	=	1,157.8

StrongLED Lighting System (Cayman) Co (ROCO:5281) Total Assets Explanation

Total Assets is connected with ROA %.

StrongLED Lighting System (Cayman) Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-66.596	/	( (1224.961	+	1157.763)	/ 2 )
	=	-66.596	/	1191.362
	=	-5.59 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

StrongLED Lighting System (Cayman) Co's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	149.432	/	( (1224.961	+	1157.763)	/ 2 )
=	149.432	/	1191.362
=	0.13

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.

StrongLED Lighting System (Cayman) Co Total Assets Related Terms

Thank you for viewing the detailed overview of StrongLED Lighting System (Cayman) Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

StrongLED Lighting System (Cayman) Co (ROCO:5281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongLED Lighting System (Cayman) Co Ltd (ROCO:5281) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shizheng N. 7th Road, 24-5, No. 186, Xitun District, Taichung, TWN, 407

Website

http://www.strongled.net

StrongLED Lighting System (Cayman) Co Ltd operates in the LED lighting systems industry. The company is engaged in manufacturing of LED lighting equipment, integrated control systems and related software. Its product offering includes outdoor LED lighting, lighting control system and software, indoor LED lighting, and LED power supply, LED intelligent control system.

StrongLED Lighting System (Cayman) Co (ROCO:5281) Headlines

No Headlines