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Acon Optics Communications (ROCO:6820) Total Assets : NT$661.6 Mil (As of Jun. 2024)


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What is Acon Optics Communications Total Assets?

Acon Optics Communications's Total Assets for the quarter that ended in Jun. 2024 was NT$661.6 Mil.

During the past 12 months, Acon Optics Communications's average Total Assets Growth Rate was 5.40% per year. During the past 3 years, the average Total Assets Growth Rate was -11.30% per year. During the past 5 years, the average Total Assets Growth Rate was -10.10% per year.

During the past 7 years, Acon Optics Communications's highest 3-Year average Total Assets Growth Rate was 1.30%. The lowest was -11.60%. And the median was -7.50%.

Total Assets is connected with ROA %. Acon Optics Communications's annualized ROA % for the quarter that ended in Jun. 2024 was 4.11%. Total Assets is also linked to Revenue through Asset Turnover. Acon Optics Communications's Asset Turnover for the quarter that ended in Jun. 2024 was 0.47.

Acon Optics Communications Total Assets Historical Data

The historical data trend for Acon Optics Communications'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.

Acon Optics Communications Total Assets Chart

Acon Optics Communications Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 794.86 675.06 722.92 647.37 615.72

Acon Optics Communications Semi-Annual Data
Dec17 Dec18 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 749.60 647.37 625.96 615.72 661.60

Acon Optics Communications 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.

Acon Optics Communications'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 )
=307.983+307.738
=615.7

Acon Optics Communications'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 )
=314.97+346.626
=661.6

* 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.

Acon Optics Communications  (ROCO:6820) Total Assets Explanation

Total Assets is connected with ROA %.

Acon Optics Communications'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 )
=26.264/( (615.721+661.596)/ 2 )
=26.264/638.6585
=4.11 %

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.

Acon Optics Communications'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 )
=297.898/( (615.721+661.596)/ 2 )
=297.898/638.6585
=0.47

* 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.

Acon Optics Communications Total Assets Related Terms

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Acon Optics Communications Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acon Optics Communications Inc (ROCO:6820) » Definitions » Total Assets
Comparable Companies
ROCO:6465 ROCO:6241 ROCO:6403 ROCO:5348 TPE:8101 TPE:2321 ROCO:3672 ROCO:6858 ROCO:8176 ROCO:8089 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 OSTO:ERIC B SHSE:688036 ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
Lane 45, Baoxing Road, 5th Floor, No. 4, Alley 9, Xindian District, New Taipei City, TWN, 231
Website
https://www.aconoptics.com
Acon Optics Communications Inc is engaged in manufacturing fiber optic cabling systems. Its products include Connectors, Adapter, patchcords, FTTA Solutions, MPO/MTP Solutions, Data Center Solutions, Accessories, NTT-AT HIREC 100, Reality series-Fiber Optic extender, Speedy series- Fiber Optic and Copper transceivers.

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