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Forest Water Environmental Eng'g Co (TPE:8473) Total Assets : NT$15,193 Mil (As of Mar. 2024)


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What is Forest Water Environmental Eng'g Co Total Assets?

Forest Water Environmental Eng'g Co's Total Assets for the quarter that ended in Mar. 2024 was NT$15,193 Mil.

During the past 12 months, Forest Water Environmental Eng'g Co's average Total Assets Growth Rate was -0.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.90% per year. During the past 5 years, the average Total Assets Growth Rate was 0.80% per year. During the past 10 years, the average Total Assets Growth Rate was 6.90% per year.

During the past 12 years, Forest Water Environmental Eng'g Co's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -1.90%. And the median was 1.80%.

Total Assets is connected with ROA %. Forest Water Environmental Eng'g Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.37%. Total Assets is also linked to Revenue through Asset Turnover. Forest Water Environmental Eng'g Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.


Forest Water Environmental Eng'g Co Total Assets Historical Data

The historical data trend for Forest Water Environmental Eng'g 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.

Forest Water Environmental Eng'g Co Total Assets Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,396.10 15,958.20 15,613.36 15,380.59 15,435.92

Forest Water Environmental Eng'g Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,163.25 15,247.51 15,115.37 15,435.92 15,192.58

Forest Water Environmental Eng'g 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.

Forest Water Environmental Eng'g 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 )
=7458.535+7977.38
=15,436

Forest Water Environmental Eng'g 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 )
=7825.584+7366.994
=15,193

* 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.


Forest Water Environmental Eng'g Co  (TPE:8473) Total Assets Explanation

Total Assets is connected with ROA %.

Forest Water Environmental Eng'g 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 )
=516.06/( (15435.915+15192.578)/ 2 )
=516.06/15314.2465
=3.37 %

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.

Forest Water Environmental Eng'g 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 )
=745.052/( (15435.915+15192.578)/ 2 )
=745.052/15314.2465
=0.05

* 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.

Forest Water Environmental Eng'g Co Total Assets Related Terms

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Forest Water Environmental Eng'g Co (TPE:8473) Business Description

Traded in Other Exchanges
N/A
Address
Number 99 Jilin Road, 3rd Floor, Zhongshan District, Taipei, TWN
Forest Water Environmental Eng'g Co Ltd is engaged in desalination engineering, wastewater recycling & reuse and water purification process, and sewage treatment. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.

Forest Water Environmental Eng'g Co (TPE:8473) Headlines

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