New Asia Construction & Development (TPE:2516) Total Assets : NT$6,328 Mil (As of Mar. 2024)

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What is New Asia Construction & Development Total Assets?

New Asia Construction & Development's Total Assets for the quarter that ended in Mar. 2024 was NT$6,328 Mil.

During the past 12 months, New Asia Construction & Development's average Total Assets Growth Rate was 0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year. During the past 10 years, the average Total Assets Growth Rate was -5.40% per year.

During the past 13 years, New Asia Construction & Development's highest 3-Year average Total Assets Growth Rate was 9.50%. The lowest was -13.10%. And the median was -2.05%.

Total Assets is connected with ROA %. New Asia Construction & Development's annualized ROA % for the quarter that ended in Mar. 2024 was 3.06%. Total Assets is also linked to Revenue through Asset Turnover. New Asia Construction & Development's Asset Turnover for the quarter that ended in Mar. 2024 was 0.30.

New Asia Construction & Development Total Assets Historical Data

The historical data trend for New Asia Construction & Development'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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New Asia Construction & Development Total Assets Chart

New Asia Construction & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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7,670.15

5,929.83

6,247.92

6,284.84

6,729.40

New Asia Construction & Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															6,318.38	6,416.90	6,510.86	6,729.40	6,327.75

New Asia Construction & Development 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.

New Asia Construction & Development'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 )
	=	1533.51	+	5195.891
	=	6,729

New Asia Construction & Development's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1594.679	+	4733.07
	=	6,328

New Asia Construction & Development (TPE:2516) Total Assets Explanation

Total Assets is connected with ROA %.

New Asia Construction & Development's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	199.72	/	( (6729.401	+	6327.749)	/ 2 )
	=	199.72	/	6528.575
	=	3.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

New Asia Construction & Development's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1976.338	/	( (6729.401	+	6327.749)	/ 2 )
=	1976.338	/	6528.575
=	0.30

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.

New Asia Construction & Development Total Assets Related Terms

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New Asia Construction & Development (TPE:2516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Asia Construction & Development Corp (TPE:2516) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

N0. 760, Section 4, Bade Road,, 15,16th floor,, Songshan District, Taipei, TWN

Website

http://www.newasia.com.tw

New Asia Construction & Development Corp operates in the engineering and construction industry. The company is engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing, or selling of heavy equipment and public housing, and office buildings and repairs. The company is also engaged in manufacturing and selling ready mixed concrete and asphalt concrete and investment.

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