Horizon Securities Co (ROCO:6015) Total Receivables: NT$6,350 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6015 Horizon Securities Co Ltd ROCO:6015
54 GF Score
Price NT$17.30
GF Value NT$13.24
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Horizon Securities Co Total Receivables?

Horizon Securities Co ROCO:6015 -1.42% 54 Total Receivables is NT$6,350 Mil as of Dec. 2025. GuruFocus rates ROCO:6015 with a GF Score™ of 54/100 and a GF Value™ of NT$13.24 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Horizon Securities Co's Total Receivables for the quarter that ended in Dec. 2025 was NT$6,350 Mil.


Horizon Securities Co Total Receivables Related Terms


Horizon Securities Co Total Receivables Historical Data

* Premium members only.

The historical data trend for Horizon Securities Co's Total Receivables 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.

Horizon Securities Co Total Receivables Chart

Horizon Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,610.44 2,440.01 4,025.60 4,116.29 6,349.69

Horizon Securities Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Total Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,116.29 5,278.79 4,216.06 5,011.64 6,349.69
ROCO:6015
54GF Score
Horizon Securities Co Ltd ROCO:6015
Total Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horizon Securities Co Total Receivables Calculation

Total Receivables is the sum of all receivables owed by customers and affiliates within one year, including:
Accounts Receivable
Notes Receivable
Loans Receivable
Other Current Receivables

Frequently Asked Questions Learn more about Total Receivables →
What does a Total Receivables of NT$6,350 Mil mean?
Horizon Securities Co (ROCO:6015) has a Total Receivables of NT$6,350 Mil as of Dec. 2025. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Horizon Securities Co and its competitors.
Is Horizon Securities Co's Total Receivables too high?
Horizon Securities Co's current Total Receivables is NT$6,350 Mil. Overall, Horizon Securities Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Securities Co's Total Receivables compare to MS and GS?
Horizon Securities Co's Total Receivables of NT$6,350 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Receivables for a Capital Markets company?
A good Total Receivables depends on the Capital Markets industry context. However, Total Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Receivables mean?
A high Total Receivables can signal that a stock is expensive relative to its fundamentals. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Horizon Securities Co and its competitors. Horizon Securities Co's current Total Receivables is NT$6,350 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Horizon Securities Co (ROCO:6015) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.24, compared to a current price of NT$17.30 — trading 30.7% above its estimated fair value. The current Total Receivables is NT$6,350 Mil. Horizon Securities Co's overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Receivables calculated?
Total Receivables is calculated from a company's financial statements. For Horizon Securities Co (ROCO:6015), the current Total Receivables is NT$6,350 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Horizon Securities Co (ROCO:6015) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Securities Co stock appears to be overvalued. The current stock price of NT$17.30 is trading 30.7% above its estimated GF Value™ of NT$13.24. GuruFocus considers Horizon Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:6015:

  • Total Receivables: NT$6,350 Mil
  • GF Value™: NT$13.24 vs. price of NT$17.30 (30.7% above fair value)
  • GF Score™: 54/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horizon Securities Co Business Description

Address Xinyi Road, 3-5 and 7th Floor, No. 236, Section 4, Da’an Dist, Taipei, TWN, 106
Horizon Securities Co Ltd is a Taiwan-based company that is engaged in providing various financial products and services. The company classifies operating units based on different business and services and is divided into the following five reporting and operations departments: Proprietary segment, Brokerage segment, Underwriting segment, Bond segment, and Derivatives segment. The majority of revenue is derived from the Brokerage segment, which is mainly responsible for brokerage and proprietary trading of securities.
54GF Score

Get the complete analysis for ROCO:6015

Total Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.30
Price
NT$13.24
GF Value