Horizon Securities Co (ROCO:6015) Total Assets: NT$16,561 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6015 Horizon Securities Co Ltd ROCO:6015
54 GF Score
Price NT$17.30
GF Value NT$13.24
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Horizon Securities Co Total Assets?

Horizon Securities Co ROCO:6015 -1.42% 54 Total Assets is NT$16,561 Mil as of Dec. 2025. GuruFocus rates ROCO:6015 with a GF Score™ of 54/100 and a GF Value™ of NT$13.24 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Horizon Securities Co's Total Assets for the quarter that ended in Dec. 2025 was NT$16,561 Mil.

During the past 12 months, Horizon Securities Co's average Total Assets Growth Rate was 35.50% per year. During the past 3 years, the average Total Assets Growth Rate was 22.10% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.70% per year.

During the past 13 years, Horizon Securities Co's highest 3-Year average Total Assets Growth Rate was 40.80%. The lowest was -11.60%. And the median was 1.55%.

Total Assets is connected with ROA %. Horizon Securities Co's annualized ROA % for the quarter that ended in Dec. 2025 was 4.88%. Total Assets is also linked to Revenue through Asset Turnover. Horizon Securities Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.03.


Horizon Securities Co  (ROCO:6015) Total Assets Explanation

Total Assets is connected with ROA %.

Horizon Securities Co's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=791.26/( (15853.873+16560.808)/ 2 )
=791.26/16207.3405
=4.88 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) 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.

Horizon Securities Co's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=534.784/( (15853.873+16560.808)/ 2 )
=534.784/16207.3405
=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.

Horizon Securities Co Total Assets Related Terms


Horizon Securities Co Total Assets Historical Data

* Premium members only.

The historical data trend for Horizon Securities 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.

Horizon Securities Co Total Assets Chart

Horizon Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,495.14 10,091.37 15,466.86 14,042.62 16,560.81

Horizon Securities Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 14,042.62 14,511.63 13,497.59 15,853.87 16,560.81
ROCO:6015
54GF Score
Horizon Securities Co Ltd ROCO:6015
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Securities 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.

Horizon Securities Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=5578.734+10982.074
=16,561

Horizon Securities Co's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=5578.734+10982.074
=16,561

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of NT$16,561 Mil mean?
Horizon Securities Co (ROCO:6015) has a Total Assets of NT$16,561 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Horizon Securities Co and its competitors.
Is Horizon Securities Co's Total Assets too high?
Horizon Securities Co's current Total Assets is NT$16,561 Mil. Overall, Horizon Securities Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Securities Co's Total Assets compare to MS and GS?
Horizon Securities Co's Total Assets of NT$16,561 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Capital Markets company?
A good Total Assets depends on the Capital Markets industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Horizon Securities Co and its competitors. Horizon Securities Co's current Total Assets is NT$16,561 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Horizon Securities Co (ROCO:6015) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.24, compared to a current price of NT$17.30 — trading 30.7% above its estimated fair value. The current Total Assets is NT$16,561 Mil. Horizon Securities Co's overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Horizon Securities Co (ROCO:6015), the current Total Assets is NT$16,561 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Horizon Securities Co (ROCO:6015) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Securities Co stock appears to be overvalued. The current stock price of NT$17.30 is trading 30.7% above its estimated GF Value™ of NT$13.24. GuruFocus considers Horizon Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:6015:

  • Total Assets: NT$16,561 Mil
  • GF Value™: NT$13.24 vs. price of NT$17.30 (30.7% above fair value)
  • GF Score™: 54/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horizon Securities Co Business Description

Address Xinyi Road, 3-5 and 7th Floor, No. 236, Section 4, Da’an Dist, Taipei, TWN, 106
Horizon Securities Co Ltd is a Taiwan-based company that is engaged in providing various financial products and services. The company classifies operating units based on different business and services and is divided into the following five reporting and operations departments: Proprietary segment, Brokerage segment, Underwriting segment, Bond segment, and Derivatives segment. The majority of revenue is derived from the Brokerage segment, which is mainly responsible for brokerage and proprietary trading of securities.
54GF Score

Get the complete analysis for ROCO:6015

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.30
Price
NT$13.24
GF Value