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Yieh United Steel (ROCO:9957) Total Assets : NT$60,273 Mil (As of Dec. 2023)


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What is Yieh United Steel Total Assets?

Yieh United Steel's Total Assets for the quarter that ended in Dec. 2023 was NT$60,273 Mil.

During the past 12 months, Yieh United Steel's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year. During the past 10 years, the average Total Assets Growth Rate was -2.50% per year.

During the past 13 years, Yieh United Steel's highest 3-Year average Total Assets Growth Rate was 6.40%. The lowest was -21.60%. And the median was 1.20%.

Total Assets is connected with ROA %. Yieh United Steel's annualized ROA % for the quarter that ended in Dec. 2023 was -7.53%. Total Assets is also linked to Revenue through Asset Turnover. Yieh United Steel's Asset Turnover for the quarter that ended in Dec. 2023 was 0.33.


Yieh United Steel Total Assets Historical Data

The historical data trend for Yieh United Steel'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.

Yieh United Steel Total Assets Chart

Yieh United Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53,769.53 53,389.56 61,231.34 59,166.83 60,272.98

Yieh United Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61,231.34 59,196.63 59,166.83 54,378.91 60,272.98

Yieh United Steel 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.

Yieh United Steel'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 )
=21194.17+39078.806
=60,273

Yieh United Steel'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 )
=21194.17+39078.806
=60,273

* 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.


Yieh United Steel  (ROCO:9957) Total Assets Explanation

Total Assets is connected with ROA %.

Yieh United Steel'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 )
=-4315.256/( (54378.913+60272.976)/ 2 )
=-4315.256/57325.9445
=-7.53 %

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.

Yieh United Steel'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 )
=19007.9/( (54378.913+60272.976)/ 2 )
=19007.9/57325.9445
=0.33

* 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.

Yieh United Steel Total Assets Related Terms

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Yieh United Steel (ROCO:9957) Business Description

Traded in Other Exchanges
N/A
Address
No.600, Xinglong St., Jiaxing Vil, Gangshan District, Kaohsiung, TWN, 82057
Yieh United Steel Corp operates as a steel manufacturer. The products of the company include stainless steel small steel embryo, cold rolled steel coil, stainless steel hot-rolled steel sheet, stainless steel hot rolled black steel coil, carbon steel small steel embryo, and carbon steel hot rolled crude steel coil.

Yieh United Steel (ROCO:9957) Headlines

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