ION Electronic Materials Co (ROCO:6959) Total Assets : NT$1,695.9 Mil (As of Dec. 2023)

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What is ION Electronic Materials Co Total Assets?

ION Electronic Materials Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,695.9 Mil.

During the past 12 months, ION Electronic Materials Co's average Total Assets Growth Rate was 45.80% per year. During the past 3 years, the average Total Assets Growth Rate was 137.10% per year.

During the past 5 years, ION Electronic Materials Co's highest 3-Year average Total Assets Growth Rate was 166.20%. The lowest was 137.10%. And the median was 151.65%.

Total Assets is connected with ROA %. ION Electronic Materials Co's annualized ROA % for the quarter that ended in Dec. 2023 was 3.76%. Total Assets is also linked to Revenue through Asset Turnover. ION Electronic Materials Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

ION Electronic Materials Co Total Assets Historical Data

The historical data trend for ION Electronic Materials 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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ION Electronic Materials Co Total Assets Chart

ION Electronic Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

49.20

108.00

656.87

1,666.94

1,695.89

ION Electronic Materials Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			656.87	-	1,666.94	1,854.54	1,695.89

ION Electronic Materials 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.

ION Electronic Materials 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 )
	=	1346.996	+	348.897
	=	1,695.9

ION Electronic Materials Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1346.996	+	348.897
	=	1,695.9

ION Electronic Materials Co (ROCO:6959) Total Assets Explanation

Total Assets is connected with ROA %.

ION Electronic Materials Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	66.676	/	( (1854.541	+	1695.893)	/ 2 )
	=	66.676	/	1775.217
	=	3.76 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

ION Electronic Materials Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	243.742	/	( (1854.541	+	1695.893)	/ 2 )
=	243.742	/	1775.217
=	0.14

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.

ION Electronic Materials Co Total Assets Related Terms

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ION Electronic Materials Co (ROCO:6959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ION Electronic Materials Co Ltd (ROCO:6959) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103

Website

https://www.iemc.co/tw

ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.

ION Electronic Materials Co (ROCO:6959) Headlines

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