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Texture Maker Enterprise Co (ROCO:6963) Total Assets : NT$812.3 Mil (As of Dec. 2023)


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What is Texture Maker Enterprise Co Total Assets?

Texture Maker Enterprise Co's Total Assets for the quarter that ended in Dec. 2023 was NT$812.3 Mil.

During the past 12 months, Texture Maker Enterprise Co's average Total Assets Growth Rate was -11.10% per year. During the past 3 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 4 years, Texture Maker Enterprise Co's highest 3-Year average Total Assets Growth Rate was 8.30%. The lowest was 8.30%. And the median was 8.30%.

Total Assets is connected with ROA %. Texture Maker Enterprise Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.85%. Total Assets is also linked to Revenue through Asset Turnover. Texture Maker Enterprise Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.47.

Texture Maker Enterprise Co Total Assets Historical Data

The historical data trend for Texture Maker Enterprise 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.

Texture Maker Enterprise Co Total Assets Chart

Texture Maker Enterprise Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
688.88 886.55 941.97 812.35

Texture Maker Enterprise Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets 886.55 - 941.97 949.64 812.35

Texture Maker Enterprise 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.

Texture Maker Enterprise 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 )
=339.582+472.767
=812.3

Texture Maker Enterprise Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=339.582+472.767
=812.3

* 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.

Texture Maker Enterprise Co  (ROCO:6963) Total Assets Explanation

Total Assets is connected with ROA %.

Texture Maker Enterprise Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7.532/( (949.641+812.349)/ 2 )
=7.532/880.995
=0.85 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Texture Maker Enterprise Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=417.857/( (949.641+812.349)/ 2 )
=417.857/880.995
=0.47

* 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.

Texture Maker Enterprise Co Total Assets Related Terms

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Texture Maker Enterprise Co (ROCO:6963) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Total Assets
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Address
Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251
Website
https://www.texturemaker.com.tw
Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

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