Hung Ching Developmentnstruction Co (TPE:2527) Total Assets : NT$30,213 Mil (As of Mar. 2024)

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What is Hung Ching Developmentnstruction Co Total Assets?

Hung Ching Developmentnstruction Co's Total Assets for the quarter that ended in Mar. 2024 was NT$30,213 Mil.

During the past 12 months, Hung Ching Developmentnstruction Co's average Total Assets Growth Rate was 40.90% per year. During the past 3 years, the average Total Assets Growth Rate was 18.50% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 13 years, Hung Ching Developmentnstruction Co's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -8.50%. And the median was 8.00%.

Total Assets is connected with ROA %. Hung Ching Developmentnstruction Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.15%. Total Assets is also linked to Revenue through Asset Turnover. Hung Ching Developmentnstruction Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Hung Ching Developmentnstruction Co Total Assets Historical Data

The historical data trend for Hung Ching Developmentnstruction 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.

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Hung Ching Developmentnstruction Co Total Assets Chart

Hung Ching Developmentnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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17,987.60

17,057.88

17,974.72

19,772.44

27,994.92

Hung Ching Developmentnstruction Co 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															21,373.63	22,018.33	24,006.78	27,994.92	30,213.15

Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction 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 )
	=	11824.628	+	16170.29
	=	27,995

Hung Ching Developmentnstruction Co'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 )
	=	12972.581	+	17240.567
	=	30,213

Hung Ching Developmentnstruction Co (TPE:2527) Total Assets Explanation

Total Assets is connected with ROA %.

Hung Ching Developmentnstruction Co'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 )
	=	45.048	/	( (27994.918	+	30213.148)	/ 2 )
	=	45.048	/	29104.033
	=	0.15 %

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.

Hung Ching Developmentnstruction Co'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 )
=	428.729	/	( (27994.918	+	30213.148)	/ 2 )
=	428.729	/	29104.033
=	0.01

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.

Hung Ching Developmentnstruction Co Total Assets Related Terms

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Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hung Ching Development & Construction Co Ltd (TPE:2527) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN

Website

http://www.asehcc.com.tw

Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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