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Chien Shing Stainless Steel Co (TPE:2025) Total Assets : NT$1,652.3 Mil (As of Sep. 2024)


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What is Chien Shing Stainless Steel Co Total Assets?

Chien Shing Stainless Steel Co's Total Assets for the quarter that ended in Sep. 2024 was NT$1,652.3 Mil.

During the past 12 months, Chien Shing Stainless Steel Co's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was -8.80% per year. During the past 5 years, the average Total Assets Growth Rate was -12.20% per year. During the past 10 years, the average Total Assets Growth Rate was -8.50% per year.

During the past 13 years, Chien Shing Stainless Steel Co's highest 3-Year average Total Assets Growth Rate was -0.10%. The lowest was -22.90%. And the median was -7.90%.

Total Assets is connected with ROA %. Chien Shing Stainless Steel Co's annualized ROA % for the quarter that ended in Sep. 2024 was -24.65%. Total Assets is also linked to Revenue through Asset Turnover. Chien Shing Stainless Steel Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.


Chien Shing Stainless Steel Co Total Assets Historical Data

The historical data trend for Chien Shing Stainless Steel 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.

Chien Shing Stainless Steel Co Total Assets Chart

Chien Shing Stainless Steel Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,198.33 2,139.16 1,953.51 1,516.43 1,804.93

Chien Shing Stainless Steel Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 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 1,862.23 1,804.93 1,722.02 1,744.15 1,652.34

Chien Shing Stainless Steel 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.

Chien Shing Stainless Steel Co'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 )
=1704.484+100.443
=1,804.9

Chien Shing Stainless Steel Co'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 )
=1551.371+100.967
=1,652.3

* 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.


Chien Shing Stainless Steel Co  (TPE:2025) Total Assets Explanation

Total Assets is connected with ROA %.

Chien Shing Stainless Steel Co'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 )
=-418.62/( (1744.154+1652.338)/ 2 )
=-418.62/1698.246
=-24.65 %

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.

Chien Shing Stainless Steel Co'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 )
=169.545/( (1744.154+1652.338)/ 2 )
=169.545/1698.246
=0.10

* 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.

Chien Shing Stainless Steel Co Total Assets Related Terms

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Chien Shing Stainless Steel Co Business Description

Traded in Other Exchanges
N/A
Address
Number. 222, Industry Road, Hsiao Pyi Li, Madou, Tainan, TWN
Chien Shing Stainless Steel Co Ltd is active in the stainless steel business in Taiwan. It engages in cutting and sliding of large stainless-steel coils, trading of various stainless-steel materials, and manufacturing of customized stainless-steel applications.

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