GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oriental System Technology Inc (ROCO:6819) » Definitions » Total Assets

Oriental System Technology (ROCO:6819) Total Assets : NT$398.1 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Oriental System Technology Total Assets?

Oriental System Technology's Total Assets for the quarter that ended in Jun. 2024 was NT$398.1 Mil.

Warning Sign:

If a company builds assets at 27.8% a year, faster than its revenue growth rate of 4.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Oriental System Technology's average Total Assets Growth Rate was -19.40% per year. During the past 3 years, the average Total Assets Growth Rate was -16.10% per year. During the past 5 years, the average Total Assets Growth Rate was 27.80% per year.

During the past 7 years, Oriental System Technology's highest 3-Year average Total Assets Growth Rate was 69.30%. The lowest was -16.10%. And the median was 56.90%.

Total Assets is connected with ROA %. Oriental System Technology's annualized ROA % for the quarter that ended in Jun. 2024 was 8.26%. Total Assets is also linked to Revenue through Asset Turnover. Oriental System Technology's Asset Turnover for the quarter that ended in Jun. 2024 was 0.29.

Oriental System Technology Total Assets Historical Data

The historical data trend for Oriental System 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.

Oriental System Technology Total Assets Chart

Oriental System Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 228.96 832.50 686.25 464.58 413.13

Oriental System Technology Semi-Annual Data
Dec17 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 630.54 464.58 450.14 413.13 398.10

Oriental System 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.

Oriental System 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 )
=222.389+190.738
=413.1

Oriental System Technology'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 )
=239.152+158.948
=398.1

* 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.

Oriental System Technology  (ROCO:6819) Total Assets Explanation

Total Assets is connected with ROA %.

Oriental System Technology'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 )
=33.522/( (413.127+398.1)/ 2 )
=33.522/405.6135
=8.26 %

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.

Oriental System Technology'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 )
=116.722/( (413.127+398.1)/ 2 )
=116.722/405.6135
=0.29

* 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.

Oriental System Technology Total Assets Related Terms

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

Oriental System Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Oriental System Technology Inc (ROCO:6819) » Definitions » Total Assets
Comparable Companies
ROCO:6103 ROCO:6786 ROCO:5468 ROCO:8024 ROCO:6563 ROCO:3268 ROCO:1813 ROCO:3288 TPE:6573 ROCO:8277 NVDA AVGO TPE:2330 QCOM AMD TXN ADI INTC MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No. 25, Industry East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075
Website
https://www.orisystech.com
Oriental System Technology Inc. is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensors, NDIR gas sensors, and optoelectronic components.

Oriental System Technology Headlines

No Headlines