Chia Hsin Cement's Total Assets for the quarter that ended in Sep. 2024 was NT$36,003 Mil.
During the past 12 months, Chia Hsin Cement's average Total Assets Growth Rate was -4.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.30% per year.
During the past 13 years, Chia Hsin Cement's highest 3-Year average Total Assets Growth Rate was 14.30%. The lowest was -5.70%. And the median was 0.45%.
The historical data trend for Chia Hsin Cement'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.
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.
Chia Hsin Cement's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Chia Hsin Cement (TPE:1103) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Chia Hsin Cement's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Chia Hsin Cement Total Assets Related Terms
Thank you for viewing the detailed overview of Chia Hsin Cement's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Chia Hsin Cement Corp is a Taiwan-based company that engaged in cement manufacturing, wholesale of building materials, retail sale of building materials, non-metallic mining, mixed-concrete products manufacturing, international trade, construction, and development of residences. and other activities. Its segments include the Cement segment which is in charge of cement sales; the Real estate segment which is in charge of real estate trading and leasing; the Warehousing and storage segment in charge of loading and unloading, warehousing and storage business in the port; and Hospitality and catering services segment in charge of catering and room service in the hotel and the maternal and childcare center. It generates the majority of its revenue from the Cement segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:1103 has been successfully added to your 