Luen Thai Holdings
Luen Thai Holdings Limited, an investment holding company, manufactures and trades in apparels and accessories in the People's Republic of China, the United States, Europe, Japan, Canada, South America, and internationally. It sources, manufactures, and trades in textile and garment products; processes, trades in, imports, exports, and distributes garment products; and manufactures and trades in … Read more
Luen Thai Holdings (LTJ) - Total Assets
Latest total assets as of June 2025: €480.92 Million EUR
Based on the latest financial reports, Luen Thai Holdings (LTJ) holds total assets worth €480.92 Million EUR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Luen Thai Holdings - Total Assets Trend (2021–2024)
This chart illustrates how Luen Thai Holdings’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Luen Thai Holdings - Asset Composition Analysis
Current Asset Composition (December 2024)
Luen Thai Holdings's total assets of €480.92 Million consist of 62.8% current assets and 37.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 12.3% |
| Accounts Receivable | €104.20 Million | 23.4% |
| Inventory | €55.58 Million | 12.5% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €5.97 Million | 1.3% |
| Goodwill | €42.32 Million | 9.5% |
Asset Composition Trend (2021–2024)
This chart illustrates how Luen Thai Holdings's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Luen Thai Holdings's current assets represent 62.8% of total assets in 2024, an increase from 61.8% in 2021.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, down from 17.7% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 15.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 23.4% of total assets.
Luen Thai Holdings Competitors by Total Assets
Key competitors of Luen Thai Holdings based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Luen Thai Holdings - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Luen Thai Holdings generates 1.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Luen Thai Holdings is currently not profitable relative to its asset base.
Luen Thai Holdings - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.08 | 1.09 | 1.09 |
| Quick Ratio | 0.84 | 0.75 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €23.47 Million | € 27.01 Million | € 27.01 Million |
Luen Thai Holdings - Advanced Valuation Insights
This section examines the relationship between Luen Thai Holdings's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.16 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -6.1% |
| Total Assets | €445.98 Million |
| Market Capitalization | $3.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Luen Thai Holdings's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Luen Thai Holdings's assets decreased by 6.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Luen Thai Holdings (2021–2024)
The table below shows the annual total assets of Luen Thai Holdings from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €445.98 Million | -6.11% |
| 2023-12-31 | €475.00 Million | -8.49% |
| 2022-12-31 | €519.08 Million | -7.32% |
| 2021-12-31 | €560.09 Million | -- |