Tien Li Offshore Wind Technology Co (ROCO:6793) Total Assets : NT$2,516 Mil (As of Jun. 2024)

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What is Tien Li Offshore Wind Technology Co Total Assets?

Tien Li Offshore Wind Technology Co's Total Assets for the quarter that ended in Jun. 2024 was NT$2,516 Mil.

During the past 12 months, Tien Li Offshore Wind Technology Co's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 3.60% per year. During the past 5 years, the average Total Assets Growth Rate was 75.20% per year.

During the past 7 years, Tien Li Offshore Wind Technology Co's highest 3-Year average Total Assets Growth Rate was 1558.30%. The lowest was 3.60%. And the median was 128.40%.

Total Assets is connected with ROA %. Tien Li Offshore Wind Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 was 8.71%. Total Assets is also linked to Revenue through Asset Turnover. Tien Li Offshore Wind Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.26.

Tien Li Offshore Wind Technology Co Total Assets Historical Data

The historical data trend for Tien Li Offshore Wind Technology 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.

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Tien Li Offshore Wind Technology Co Total Assets Chart

Tien Li Offshore Wind Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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402.69

2,201.96

3,199.03

2,294.34

2,467.19

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								3,226.05	2,294.34	2,413.35	2,467.19	2,516.11

Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology 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 )
	=	1664.157	+	803.033
	=	2,467

Tien Li Offshore Wind Technology 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 )
	=	1759.17	+	756.942
	=	2,516

Tien Li Offshore Wind Technology Co (ROCO:6793) Total Assets Explanation

Total Assets is connected with ROA %.

Tien Li Offshore Wind Technology 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 )
	=	217.092	/	( (2467.19	+	2516.112)	/ 2 )
	=	217.092	/	2491.651
	=	8.71 %

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.

Tien Li Offshore Wind Technology 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 )
=	651.826	/	( (2467.19	+	2516.112)	/ 2 )
=	651.826	/	2491.651
=	0.26

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.

Tien Li Offshore Wind Technology Co Total Assets Related Terms

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Tien Li Offshore Wind Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596

Website

https://www.tien-li.com

Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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