GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ace Edulink Co Ltd (ROCO:6764) » Definitions » Total Assets

Ace Edulink Co (ROCO:6764) Total Assets : NT$1,452 Mil (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Ace Edulink Co Total Assets?

Ace Edulink Co's Total Assets for the quarter that ended in Jun. 2024 was NT$1,452 Mil.

During the past 12 months, Ace Edulink Co's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 18.20% per year. During the past 5 years, the average Total Assets Growth Rate was 47.40% per year.

During the past 8 years, Ace Edulink Co's highest 3-Year average Total Assets Growth Rate was 138.60%. The lowest was 18.20%. And the median was 59.30%.

Total Assets is connected with ROA %. Ace Edulink Co's annualized ROA % for the quarter that ended in Jun. 2024 was -1.02%. Total Assets is also linked to Revenue through Asset Turnover. Ace Edulink Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.38.


Ace Edulink Co Total Assets Historical Data

The historical data trend for Ace Edulink 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.

Ace Edulink Co Total Assets Chart

Ace Edulink Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,130.66 1,240.23 1,375.90 1,351.93 1,445.88

Ace Edulink Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 1,317.89 1,351.93 1,360.25 1,445.88 1,451.74

Ace Edulink 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.

Ace Edulink Co'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 )
=615.17+830.71
=1,446

Ace Edulink 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 )
=584.744+866.992
=1,452

* 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.


Ace Edulink Co  (ROCO:6764) Total Assets Explanation

Total Assets is connected with ROA %.

Ace Edulink Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-14.724/( (1445.88+1451.736)/ 2 )
=-14.724/1448.808
=-1.02 %

Note: The Net Income data used here is two times the semi-annual (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.

Ace Edulink Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=555.819/( (1445.88+1451.736)/ 2 )
=555.819/1448.808
=0.38

* 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.

Ace Edulink Co Total Assets Related Terms

Thank you for viewing the detailed overview of Ace Edulink Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Ace Edulink Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN
Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

Ace Edulink Co Headlines

No Headlines