Formosa Prosonic Industries Total Assets
Formosa Prosonic Industries total assets. Based on the latest financial reports, Formosa Prosonic Industries (9172) holds total assets worth RM640.53 Million MYR (≈ $160.82 Million USD) as of September 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. Also see how much is Formosa Prosonic Industries worth for the company's overall valuation and market capitalisation.
Total Assets of Formosa Prosonic Industries (2012–2024)
Total assets of Formosa Prosonic Industries from 2012 to 2024. This chart illustrates how Formosa Prosonic Industries's total assets have evolved over time, based on quarterly financial data. See 9172 live share price for real-time trading data and today's change.
Formosa Prosonic Industries - Asset Composition Analysis
Formosa Prosonic Industries Total Assets Breakdown (December 2024)
Formosa Prosonic Industries total assets breakdown as of December 2024. Formosa Prosonic Industries's total assets of RM640.53 Million consist of 87.7% current assets and 12.4% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 31.9% |
| Accounts Receivable | RM67.09 Million | 10.0% |
| Inventory | RM34.07 Million | 5.1% |
| Property, Plant & Equipment | RM82.70 Million | 12.4% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Formosa Prosonic Industries'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. Explore how liquid is Formosa Prosonic Industries's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formosa Prosonic Industries's current assets represent 87.7% of total assets in 2024, an increase from 64.8% in 2012.
- Cash Position: Cash and equivalents constituted 31.9% of total assets in 2024, up from 22.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 12.4% of total assets.
Formosa Prosonic Industries Competitors by Total Assets
Key competitors of Formosa Prosonic Industries based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Fenda Technology Co Ltd
SHE:002681
|
China | CN¥4.39 Billion |
|
Primax Electronics Ltd
TW:4915
|
Taiwan | NT$51.22 Billion |
|
Guangdong Chant Group Inc
SHE:002616
|
China | CN¥10.47 Billion |
|
Bang & Olufsen
CO:BO
|
Denmark | Dkr2.22 Billion |
|
Gome Telecom Equipment Co Ltd
SHG:600898
|
China | CN¥251.51 Million |
|
TC Unterhaltungselektronik AG
F:TCU
|
Germany | €1.91 Million |
|
Mirgor S.A.
BA:MIRG
|
Argentina | AR$1.96 Trillion |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$8.09 Million |
Formosa Prosonic Industries - 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 | 5.61 | 3.47 | 1.97 |
| Quick Ratio | 5.21 | 3.23 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM461.24 Million | RM434.58 Million | RM231.89 Million |
Formosa Prosonic Industries - Advanced Valuation Insights
This section examines the relationship between Formosa Prosonic Industries'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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | RM669.50 Million |
| Market Capitalization | $76.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formosa Prosonic Industries's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Formosa Prosonic Industries's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Formosa Prosonic Industries (2012–2024)
The table below shows the annual total assets of Formosa Prosonic Industries from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM669.50 Million ≈ $168.09 Million |
-4.45% |
| 2023-12-31 | RM700.66 Million ≈ $175.91 Million |
+7.11% |
| 2022-12-31 | RM654.16 Million ≈ $164.24 Million |
+0.02% |
| 2021-12-31 | RM654.01 Million ≈ $164.20 Million |
+10.44% |
| 2020-12-31 | RM592.18 Million ≈ $148.68 Million |
+20.42% |
| 2019-12-31 | RM491.75 Million ≈ $123.46 Million |
+11.07% |
| 2018-12-31 | RM442.74 Million ≈ $111.16 Million |
+11.19% |
| 2017-12-31 | RM398.18 Million ≈ $99.97 Million |
+4.72% |
| 2016-12-31 | RM380.24 Million ≈ $95.47 Million |
-0.98% |
| 2015-12-31 | RM384.00 Million ≈ $96.41 Million |
+0.26% |
| 2014-12-31 | RM383.00 Million ≈ $96.16 Million |
-5.43% |
| 2013-12-31 | RM405.00 Million ≈ $101.68 Million |
-4.26% |
| 2012-12-31 | RM423.00 Million ≈ $106.20 Million |
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About Formosa Prosonic Industries
Formosa Prosonic Industries Berhad, together with its subsidiaries, manufactures and sells speaker system products in Malaysia. The company offers consumer and home entertainment products, including portable and outdoor speakers, sound bars, home theater systems, ambient room wireless and bookshelf speakers, and TV stands. It also provides musical instrument solutions comprising pianos, guitar am… Read more