GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » Total Assets

ACpay Co (ROCO:6984) Total Assets : NT$170.70 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ACpay Co Total Assets?

ACpay Co's Total Assets for the quarter that ended in Dec. 2023 was NT$170.70 Mil.

During the past 12 months, ACpay Co's average Total Assets Growth Rate was 19.10% per year. During the past 3 years, the average Total Assets Growth Rate was 127.20% per year.

During the past 4 years, ACpay Co's highest 3-Year average Total Assets Growth Rate was 127.20%. The lowest was 127.20%. And the median was 127.20%.

Total Assets is connected with ROA %. ACpay Co's annualized ROA % for the quarter that ended in Dec. 2023 was -28.02%. Total Assets is also linked to Revenue through Asset Turnover. ACpay Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.34.

ACpay Co Total Assets Historical Data

The historical data trend for ACpay 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.

ACpay Co Total Assets Chart

ACpay Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
7.62 59.97 194.24 170.70

ACpay Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 59.97 - 194.24 164.30 170.70

ACpay 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.

ACpay 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 )
=68.397+102.306
=170.70

ACpay 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 )
=68.397+102.306
=170.70

* 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.

ACpay Co  (ROCO:6984) Total Assets Explanation

Total Assets is connected with ROA %.

ACpay 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 )
=-46.94/( (164.304+170.703)/ 2 )
=-46.94/167.5035
=-28.02 %

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.

ACpay 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 )
=56.436/( (164.304+170.703)/ 2 )
=56.436/167.5035
=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.

ACpay Co Total Assets Related Terms

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

ACpay Co (ROCO:6984) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707
Website
https://www.acpay.com
ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.

ACpay Co (ROCO:6984) Headlines

No Headlines