Nocera (Nocera) Total Assets : $6.97 Mil (As of Mar. 2024)

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What is Nocera Total Assets?

Nocera's Total Assets for the quarter that ended in Mar. 2024 was $6.97 Mil.

During the past 12 months, Nocera's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was -2.70% per year.

During the past 4 years, Nocera's highest 3-Year average Total Assets Growth Rate was -2.70%. The lowest was -2.70%. And the median was -2.70%.

Total Assets is connected with ROA %. Nocera's annualized ROA % for the quarter that ended in Mar. 2024 was -32.38%. Total Assets is also linked to Revenue through Asset Turnover. Nocera's Asset Turnover for the quarter that ended in Mar. 2024 was 0.82.

Nocera Total Assets Historical Data

The historical data trend for Nocera'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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Nocera Total Assets Chart

Nocera Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

4.93

6.87

8.14

5.03

Nocera Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											7.72	7.30	7.58	5.03	6.97

Nocera 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.

Nocera'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 )
	=	3.264	+	1.77
	=	5.03

Nocera'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 )
	=	4.704	+	2.268
	=	6.97

Nocera (NAS:NCRA) Total Assets Explanation

Total Assets is connected with ROA %.

Nocera'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 )
	=	-1.944	/	( (5.034	+	6.972)	/ 2 )
	=	-1.944	/	6.003
	=	-32.38 %

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.

Nocera'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 )
=	4.9	/	( (5.034	+	6.972)	/ 2 )
=	4.9	/	6.003
=	0.82

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.

Nocera Total Assets Related Terms

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Nocera (Nocera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221

Website

https://www.nocera.company

Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.

Executives

Andy Ching-an Jin	director, officer: Chief Executive Officer	3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng	director, officer: CFO and Chairman	15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng	officer: President and CEO	12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang	10 percent owner	BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson	director, officer: Corporate Secretary	2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339