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Honor Seiki Co (ROCO:7709) Total Assets : NT$2,273.1 Mil (As of Dec. 2024)


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What is Honor Seiki Co Total Assets?

Honor Seiki Co's Total Assets for the quarter that ended in Dec. 2024 was NT$2,273.1 Mil.

During the past 12 months, Honor Seiki Co's average Total Assets Growth Rate was -10.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year.

During the past 5 years, Honor Seiki Co's highest 3-Year average Total Assets Growth Rate was 2.30%. The lowest was -3.40%. And the median was -0.55%.

Total Assets is connected with ROA %. Honor Seiki Co's annualized ROA % for the quarter that ended in Dec. 2024 was 9.37%. Total Assets is also linked to Revenue through Asset Turnover. Honor Seiki Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.18.


Honor Seiki Co Total Assets Historical Data

The historical data trend for Honor Seiki 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.

Honor Seiki Co Total Assets Chart

Honor Seiki Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
2,283.54 2,247.47 2,619.48 2,433.52 2,273.10

Honor Seiki Co Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only - 2,433.52 2,357.96 2,278.09 2,273.10

Honor Seiki 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.

Honor Seiki Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1451.102+821.999
=2,273.1

Honor Seiki Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1451.102+821.999
=2,273.1

* 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.


Honor Seiki Co  (ROCO:7709) Total Assets Explanation

Total Assets is connected with ROA %.

Honor Seiki Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=213.124/( (2278.085+2273.101)/ 2 )
=213.124/2275.593
=9.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Honor Seiki Co's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=414.597/( (2278.085+2273.101)/ 2 )
=414.597/2275.593
=0.18

* 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.

Honor Seiki Co Total Assets Related Terms

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Honor Seiki Co Business Description

Traded in Other Exchanges
N/A
Address
Chung-shan Road , No. 6, Section 2, Hu-nei District, Kaohsiung, TWN
Honor Seiki Co Ltd is a machine tool providing company working in the fields of CNC Vertical Lathe and Turnkey solutions in Taiwan. They mainly focus on the production of Vertical lathes and their main product offerings are CNC Vertical Lathe, CNC Vertical Turning Center and CNC Vertical Grinding Machine, CNC Planar Turning/Milling/Grinding Center, CNC Special Purpose Machines.

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