Great Taipei Gas (TPE:9908) Total Assets : NT$20,577 Mil (As of Sep. 2024)

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What is Great Taipei Gas Total Assets?

Great Taipei Gas's Total Assets for the quarter that ended in Sep. 2024 was NT$20,577 Mil.

During the past 12 months, Great Taipei Gas's average Total Assets Growth Rate was 7.60% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 3.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.

During the past 13 years, Great Taipei Gas's highest 3-Year average Total Assets Growth Rate was 4.40%. The lowest was -1.60%. And the median was 2.40%.

Total Assets is connected with ROA %. Great Taipei Gas's annualized ROA % for the quarter that ended in Sep. 2024 was 6.17%. Total Assets is also linked to Revenue through Asset Turnover. Great Taipei Gas's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.

Great Taipei Gas Total Assets Historical Data

The historical data trend for Great Taipei Gas'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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Great Taipei Gas Total Assets Chart

Great Taipei Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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17,062.99

17,615.84

18,538.65

18,910.96

20,143.20

Great Taipei Gas 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															19,675.27	20,143.20	20,475.15	20,774.87	20,576.85

Great Taipei Gas 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.

Great Taipei Gas'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 )
	=	14692.717	+	5450.487
	=	20,143

Great Taipei Gas'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 )
	=	15191.187	+	5385.665
	=	20,577

Great Taipei Gas (TPE:9908) Total Assets Explanation

Total Assets is connected with ROA %.

Great Taipei Gas'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 )
	=	1276.484	/	( (20774.874	+	20576.852)	/ 2 )
	=	1276.484	/	20675.863
	=	6.17 %

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.

Great Taipei Gas'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 )
=	728.137	/	( (20774.874	+	20576.852)	/ 2 )
=	728.137	/	20675.863
=	0.04

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.

Great Taipei Gas Total Assets Related Terms

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Great Taipei Gas Business Description

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Address

No. 35, Lane 11, Guangfu N. Raod, 5th Floor, Songshan District, Taipei, TWN, 105

Website

https://www.taipeigas.com.tw

Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business.

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