During the past 12 months, FarGlory Life Insurance Co's average Total Assets Growth Rate was 5.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 13 years, FarGlory Life Insurance Co's highest 3-Year average Total Assets Growth Rate was 18.20%. The lowest was 7.00%. And the median was 12.80%.
* 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.
FarGlory Life Insurance 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.
* 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.
FarGlory Life Insurance Co (ROCO:5859) Total Assets Explanation
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.
FarGlory Life Insurance Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
FarGlory Life Insurance Co Total Assets Related Terms
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FarGlory Life Insurance Co (ROCO:5859) Business Description
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.
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