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Horizon Fixture Group Co (TPE:6957) Total Assets : NT$5,734 Mil (As of Sep. 2024)


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What is Horizon Fixture Group Co Total Assets?

Horizon Fixture Group Co's Total Assets for the quarter that ended in Sep. 2024 was NT$5,734 Mil.

Total Assets is connected with ROA %. Horizon Fixture Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 6.91%. Total Assets is also linked to Revenue through Asset Turnover. Horizon Fixture Group Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Horizon Fixture Group Co Total Assets Historical Data

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co Total Assets Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
2,139.89 2,779.69 3,197.62

Horizon Fixture Group Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only - 3,197.62 3,577.32 3,949.78 5,733.94

Horizon Fixture Group 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.

Horizon Fixture Group 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 )
=1684.284+1513.338
=3,198

Horizon Fixture Group 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 )
=2538.491+3195.446
=5,734

* 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.

Horizon Fixture Group Co  (TPE:6957) Total Assets Explanation

Total Assets is connected with ROA %.

Horizon Fixture Group 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 )
=334.508/( (3949.776+5733.937)/ 2 )
=334.508/4841.8565
=6.91 %

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.

Horizon Fixture Group 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 )
=1045.505/( (3949.776+5733.937)/ 2 )
=1045.505/4841.8565
=0.22

* 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.

Horizon Fixture Group Co Total Assets Related Terms

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Horizon Fixture Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Horizon Fixture Group Co Ltd (TPE:6957) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
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Address
No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 54002
Website
https://www.hzfixtures.com
Horizon Fixture Group Co Ltd is a company known for its manufacturing excellence, delivering precision-engineered products with top-notch quality. Its logistical expertise ensures timely delivery and efficient distribution, backed by exceptional customer service. From iron and wood manufacturing to seamless installation and delivery, it offers end-to-end solutions tailored to prioritize customer satisfaction. The company offers a diverse portfolio of in-store displays, including eye-catching shelving systems, interactive kiosks, modular stands, and more. Each product is thoughtfully designed to maximize visibility and effectively engage customers.

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