Kim Forest Enterprise Co (TPE:6645) Total Assets : NT$895.6 Mil (As of Mar. 2024)

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What is Kim Forest Enterprise Co Total Assets?

Kim Forest Enterprise Co's Total Assets for the quarter that ended in Mar. 2024 was NT$895.6 Mil.

Warning Sign:

If a company builds assets at 12.4% a year, faster than its revenue growth rate of 10.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 3 years, the average Total Assets Growth Rate was 15.60% per year. During the past 5 years, the average Total Assets Growth Rate was 12.40% per year. During the past 10 years, the average Total Assets Growth Rate was 12.40% per year.

During the past 11 years, Kim Forest Enterprise Co's highest 3-Year average Total Assets Growth Rate was 17.60%. The lowest was 3.60%. And the median was 15.65%.

Total Assets is connected with ROA %. Kim Forest Enterprise Co's annualized ROA % for the quarter that ended in Mar. 2024 was -16.78%. Total Assets is also linked to Revenue through Asset Turnover. Kim Forest Enterprise Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Kim Forest Enterprise Co Total Assets Historical Data

The historical data trend for Kim Forest 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.

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Kim Forest Enterprise Co Total Assets Chart

Kim Forest Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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503.65

594.21

742.81

846.83

970.12

Kim Forest Enterprise Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	799.62	756.60	970.12	895.61

Kim Forest 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.

Kim Forest 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 )
	=	577.925	+	392.196
	=	970.1

Kim Forest Enterprise 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 )
	=	567.162	+	328.451
	=	895.6

Kim Forest Enterprise Co (TPE:6645) Total Assets Explanation

Total Assets is connected with ROA %.

Kim Forest Enterprise 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 )
	=	-156.552	/	( (970.121	+	895.613)	/ 2 )
	=	-156.552	/	932.867
	=	-16.78 %

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.

Kim Forest Enterprise 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 )
=	96.435	/	( (970.121	+	895.613)	/ 2 )
=	96.435	/	932.867
=	0.10

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.

Kim Forest Enterprise Co Total Assets Related Terms

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Kim Forest Enterprise Co (TPE:6645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Kim Forest Enterprise Co Ltd (TPE:6645) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 97, New Taiwan Road, 30th Floor, Shijiazhuang District, Taipei, TWN, 22175

Website

http://www.kimforest.com

Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer and many more.

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