Cheng Loong (TPE:1904) Total Assets : NT$71,009 Mil (As of Sep. 2024)

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What is Cheng Loong Total Assets?

Cheng Loong's Total Assets for the quarter that ended in Sep. 2024 was NT$71,009 Mil.

During the past 12 months, Cheng Loong's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.60% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 13 years, Cheng Loong's highest 3-Year average Total Assets Growth Rate was 17.30%. The lowest was -1.10%. And the median was 2.70%.

Total Assets is connected with ROA %. Cheng Loong's annualized ROA % for the quarter that ended in Sep. 2024 was 0.28%. Total Assets is also linked to Revenue through Asset Turnover. Cheng Loong's Asset Turnover for the quarter that ended in Sep. 2024 was 0.17.

Cheng Loong Total Assets Historical Data

The historical data trend for Cheng Loong'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.

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Cheng Loong Total Assets Chart

Cheng Loong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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59,336.88

61,005.82

66,440.33

70,010.48

70,626.80

Cheng Loong 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															70,412.51	70,626.80	70,733.88	72,801.54	71,008.60

Cheng Loong 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.

Cheng Loong'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 )
	=	29701.378	+	40925.419
	=	70,627

Cheng Loong'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 )
	=	30097.75	+	40910.852
	=	71,009

Cheng Loong (TPE:1904) Total Assets Explanation

Total Assets is connected with ROA %.

Cheng Loong'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 )
	=	201.94	/	( (72801.543	+	71008.602)	/ 2 )
	=	201.94	/	71905.0725
	=	0.28 %

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.

Cheng Loong'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 )
=	12520.786	/	( (72801.543	+	71008.602)	/ 2 )
=	12520.786	/	71905.0725
=	0.17

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.

Cheng Loong Total Assets Related Terms

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Cheng Loong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cheng Loong Corp (TPE:1904) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Section 1, Min Sheng Road, Banqiao District, New Taipei, TWN

Website

https://www.clc.com.tw

Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from its paper products business. Its geographical segments are Taiwan which generates key revenue, China, and other parts of Southeast Asia.

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