VARXF (BOE Varitronix) Total Assets : $1,384 Mil (As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is BOE Varitronix Total Assets?

BOE Varitronix's Total Assets for the quarter that ended in Jun. 2024 was $1,384 Mil.

During the past 12 months, BOE Varitronix's average Total Assets Growth Rate was 13.40% per year. During the past 3 years, the average Total Assets Growth Rate was 43.80% per year. During the past 5 years, the average Total Assets Growth Rate was 29.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 13 years, BOE Varitronix's highest 3-Year average Total Assets Growth Rate was 43.80%. The lowest was -9.80%. And the median was 6.50%.

Total Assets is connected with ROA %. BOE Varitronix's annualized ROA % for the quarter that ended in Jun. 2024 was 3.30%. Total Assets is also linked to Revenue through Asset Turnover. BOE Varitronix's Asset Turnover for the quarter that ended in Jun. 2024 was 0.59.

BOE Varitronix Total Assets Historical Data

The historical data trend for BOE Varitronix'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.

BOE Varitronix Total Assets Chart

BOE Varitronix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

452.71

494.05

710.75

1,063.93

1,284.78

BOE Varitronix Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															817.30	1,063.93	1,078.69	1,284.78	1,383.92

BOE Varitronix 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.

BOE Varitronix'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 )
	=	564.638	+	720.141
	=	1,285

BOE Varitronix's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	565.534	+	818.387
	=	1,384

BOE Varitronix (OTCPK:VARXF) Total Assets Explanation

Total Assets is connected with ROA %.

BOE Varitronix's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	44.072	/	( (1284.779	+	1383.922)	/ 2 )
	=	44.072	/	1334.3505
	=	3.30 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

BOE Varitronix's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	788.389	/	( (1284.779	+	1383.922)	/ 2 )
=	788.389	/	1334.3505
=	0.59

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.

BOE Varitronix Total Assets Related Terms

Thank you for viewing the detailed overview of BOE Varitronix's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

BOE Varitronix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOE Varitronix Ltd (OTCPK:VARXF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

00710:Hong Kong VTX:Germany

Address

Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.boevx.com

BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

BOE Varitronix Headlines

No Headlines