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Solytech Enterprise (TPE:1471) Total Assets : NT$1,689.5 Mil (As of Sep. 2024)


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What is Solytech Enterprise Total Assets?

Solytech Enterprise's Total Assets for the quarter that ended in Sep. 2024 was NT$1,689.5 Mil.

During the past 12 months, Solytech Enterprise's average Total Assets Growth Rate was -10.10% per year. During the past 3 years, the average Total Assets Growth Rate was -21.80% per year. During the past 5 years, the average Total Assets Growth Rate was -21.90% per year. During the past 10 years, the average Total Assets Growth Rate was -17.90% per year.

During the past 13 years, Solytech Enterprise's highest 3-Year average Total Assets Growth Rate was -4.30%. The lowest was -23.70%. And the median was -15.05%.

Total Assets is connected with ROA %. Solytech Enterprise's annualized ROA % for the quarter that ended in Sep. 2024 was 7.95%. Total Assets is also linked to Revenue through Asset Turnover. Solytech Enterprise's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.


Solytech Enterprise Total Assets Historical Data

The historical data trend for Solytech Enterprise'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.

Solytech Enterprise Total Assets Chart

Solytech Enterprise 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 1,265.87 1,595.00 1,188.37 1,736.58 1,655.59

Solytech Enterprise Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,673.34 1,655.59 1,640.68 1,677.73 1,689.47

Solytech Enterprise 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.

Solytech Enterprise'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 )
=1502.711+152.878
=1,655.6

Solytech Enterprise's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1548.859+140.608
=1,689.5

* 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.


Solytech Enterprise  (TPE:1471) Total Assets Explanation

Total Assets is connected with ROA %.

Solytech Enterprise's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=133.832/( (1677.733+1689.467)/ 2 )
=133.832/1683.6
=7.95 %

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.

Solytech Enterprise's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=68.718/( (1677.733+1689.467)/ 2 )
=68.718/1683.6
=0.04

* 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.

Solytech Enterprise Total Assets Related Terms

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Solytech Enterprise Business Description

Traded in Other Exchanges
N/A
Address
No.18 Wuquan 7th Road, 3rf Floor, Wugu District, New Taipei City, TWN, 248
Solytech Enterprise Corp is engaged in manufacturing and selling power supplies, computer cases, and electronic components. The company derives the majority of its revenue from PC power supply suppliers and computer case products. Geographically, Its main source of revenue is in mainland China, and it also has a presence in the United States, Taiwan, and other countries.

Solytech Enterprise Headlines

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