GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arizon RFID Technology (Cayman) Co Ltd (TPE:6863) » Definitions » Total Assets

Arizon RFID Technology (Cayman) Co (TPE:6863) Total Assets : NT$7,000 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Arizon RFID Technology (Cayman) Co Total Assets?

Arizon RFID Technology (Cayman) Co's Total Assets for the quarter that ended in Mar. 2024 was NT$7,000 Mil.

During the past 12 months, Arizon RFID Technology (Cayman) Co's average Total Assets Growth Rate was 26.50% per year. During the past 3 years, the average Total Assets Growth Rate was 26.70% per year.

During the past 4 years, Arizon RFID Technology (Cayman) Co's highest 3-Year average Total Assets Growth Rate was 26.70%. The lowest was 26.70%. And the median was 26.70%.

Total Assets is connected with ROA %. Arizon RFID Technology (Cayman) Co's annualized ROA % for the quarter that ended in Mar. 2024 was 11.42%. Total Assets is also linked to Revenue through Asset Turnover. Arizon RFID Technology (Cayman) Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.


Arizon RFID Technology (Cayman) Co Total Assets Historical Data

The historical data trend for Arizon RFID Technology (Cayman) 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.

Arizon RFID Technology (Cayman) Co Total Assets Chart

Arizon RFID Technology (Cayman) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
3,956.19 4,211.72 4,533.62 6,241.50

Arizon RFID Technology (Cayman) Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,687.87 5,788.17 5,896.57 6,241.50 6,999.53

Arizon RFID Technology (Cayman) 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.

Arizon RFID Technology (Cayman) 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 )
=5212.527+1028.976
=6,242

Arizon RFID Technology (Cayman) Co'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 )
=5601.818+1397.711
=7,000

* 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.


Arizon RFID Technology (Cayman) Co  (TPE:6863) Total Assets Explanation

Total Assets is connected with ROA %.

Arizon RFID Technology (Cayman) Co'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 )
=756.304/( (6241.503+6999.529)/ 2 )
=756.304/6620.516
=11.42 %

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.

Arizon RFID Technology (Cayman) Co'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 )
=901.118/( (6241.503+6999.529)/ 2 )
=901.118/6620.516
=0.14

* 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.

Arizon RFID Technology (Cayman) Co Total Assets Related Terms

Thank you for viewing the detailed overview of Arizon RFID Technology (Cayman) Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Arizon RFID Technology (Cayman) Co (TPE:6863) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Wuzhou East Road, Economic Development Zone, Jiangsu Province, Yangzhou, CHN, 225101
Arizon RFID Technology (Cayman) Co Ltd engages in the manufacturing of RFID ODM components. The firm offers various products including Antenna, Electronic shelf labels (ESL), RFID Tags, RFID UHF Fixed Readers, and RFID UHF Handheld Readers. The customers can benefit from using finger sized tags in different fields and environments, to accelerate the efficiency of logistics and management, reduce inventory accumulation, eliminate waste of consumables, and achieve improvement of environment and resources.

Arizon RFID Technology (Cayman) Co (TPE:6863) Headlines

No Headlines