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E-Elements Technology Co (ROCO:6842) Total Assets : NT$703.1 Mil (As of Jun. 2024)


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What is E-Elements Technology Co Total Assets?

E-Elements Technology Co's Total Assets for the quarter that ended in Jun. 2024 was NT$703.1 Mil.

During the past 12 months, E-Elements Technology Co's average Total Assets Growth Rate was -5.60% per year. During the past 3 years, the average Total Assets Growth Rate was 18.90% per year. During the past 5 years, the average Total Assets Growth Rate was 32.90% per year.

During the past 6 years, E-Elements Technology Co's highest 3-Year average Total Assets Growth Rate was 38.30%. The lowest was 18.90%. And the median was 31.80%.

Total Assets is connected with ROA %. E-Elements Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 was 1.39%. Total Assets is also linked to Revenue through Asset Turnover. E-Elements Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.34.

E-Elements Technology Co Total Assets Historical Data

The historical data trend for E-Elements 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.

* Premium members only.

E-Elements Technology Co Total Assets Chart

E-Elements Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 323.91 512.20 429.19 702.75 730.13

E-Elements Technology Co Semi-Annual Data
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 547.02 702.75 787.81 730.13 703.08

E-Elements 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.

E-Elements 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 )
=336.915+393.21
=730.1

E-Elements 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 )
=343.481+359.6
=703.1

* 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.

E-Elements Technology Co  (ROCO:6842) Total Assets Explanation

Total Assets is connected with ROA %.

E-Elements 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 )
=9.988/( (730.125+703.081)/ 2 )
=9.988/716.603
=1.39 %

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.

E-Elements 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 )
=246.582/( (730.125+703.081)/ 2 )
=246.582/716.603
=0.34

* 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.

E-Elements Technology Co Total Assets Related Terms

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E-Elements Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E-Elements Technology Co Ltd (ROCO:6842) » Definitions » Total Assets
Comparable Companies
ROCO:3390 ROCO:4729 TPE:6226 ROCO:6432 TPE:2431 TPE:4943 ROCO:5432 ROCO:3520 ROCO:3646 ROCO:6174 APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
Ruiguang Road, No.61, Lane 76, Neihu District, Taipei, TWN
Website
http://www.e-elements.com
E-Elements Technology Co Ltd is engaged in the advanced field programmable gate array system design, training, technological consultation services, and supplying laboratory equipment of universities. The company aims at establishing long-term strategic partnership with programmable logic device/ system on chip manufacturers to offer design services to customers with high-tech and competitive solutions and cooperate with universities, research institutes and enterprises on new technology popularization.

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