FST Corp. Ordinary Shares

NASDAQ:KBSX USA Steel
Market Cap
$62.67 Million
Market Cap Rank
#24228 Global
#8388 in USA
Share Price
$1.40
Change (1 day)
+4.48%
52-Week Range
$1.06 - $3.10
All Time High
$8.50
About

FST Corp. develops, produces, and sells golf shafts and other sports equipment under the KBS brand in Taiwan and internationally. It provides Shafts for Irons that include KBS TOUR Series that can be fitted into iron golf clubs, pitching wedge, and sand wedge; KBS TOUR LITE Series provides tight dispersion, trajectory, additional spin, and longer distance in a lightweight package; KBS TOUR-V Seri… Read more

FST Corp. Ordinary Shares (KBSX) - Total Assets

Latest total assets as of September 2025: $61.01 Million USD

Based on the latest financial reports, FST Corp. Ordinary Shares (KBSX) holds total assets worth $61.01 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.

FST Corp. Ordinary Shares - Total Assets Trend (2020–2024)

This chart illustrates how FST Corp. Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

FST Corp. Ordinary Shares - Asset Composition Analysis

Current Asset Composition (December 2024)

FST Corp. Ordinary Shares's total assets of $61.01 Million consist of 45.5% current assets and 54.5% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 8.7%
Accounts Receivable $5.77 Million 9.8%
Inventory $14.53 Million 24.8%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $5.14 Million 8.8%
Goodwill $0.00 0.0%

Asset Composition Trend (2020–2024)

This chart illustrates how FST Corp. Ordinary Shares'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: FST Corp. Ordinary Shares's current assets represent 45.5% of total assets in 2024, a decrease from 50.6% in 2020.
  • Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, down from 10.4% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 15.0% in 2020.
  • Asset Diversification: The largest asset category is inventory at 24.8% of total assets.

FST Corp. Ordinary Shares Competitors by Total Assets

Key competitors of FST Corp. Ordinary Shares based on total assets are shown below.

Company Country Total Assets
Equinox Resources Ltd
AU:EQN
Australia AU$18.93 Million
Asia Metal Public Company Limited
BK:AMC
Thailand ฿5.82 Billion
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
China CN¥110.74 Billion
HBIS Co Ltd
SHE:000709
China CN¥271.74 Billion
Sgis Songshan Co Ltd
SHE:000717
China CN¥20.01 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥46.73 Billion
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
China CN¥53.95 Billion
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
China CN¥66.23 Billion

FST Corp. Ordinary Shares - 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

Historical Range: 0.45 - 0.84

Moderate asset utilization - FST Corp. Ordinary Shares generates 0.62x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -5.52% - 15.63%

Negative ROA - FST Corp. Ordinary Shares is currently not profitable relative to its asset base.

FST Corp. Ordinary Shares - 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 0.90 0.01 14.80
Quick Ratio 0.50 0.01 14.80
Cash Ratio 0.00 0.00 0.00
Working Capital $-3.17 Million $ -4.47 Million $ 1.84 Million

FST Corp. Ordinary Shares - Advanced Valuation Insights

This section examines the relationship between FST Corp. Ordinary Shares'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 4.88
Latest Market Cap to Assets Ratio 0.45
Asset Growth Rate (YoY) -7.5%
Total Assets $58.58 Million
Market Capitalization $26.24 Million USD

Valuation Analysis

Below Book Valuation: The market values FST Corp. Ordinary Shares's assets below their book value (0.45 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: FST Corp. Ordinary Shares's assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for FST Corp. Ordinary Shares (2020–2024)

The table below shows the annual total assets of FST Corp. Ordinary Shares from 2020 to 2024.

Year Total Assets Change
2024-12-31 $58.58 Million -7.47%
2023-12-31 $63.31 Million +5.54%
2022-12-31 $59.98 Million +28.75%
2021-12-31 $46.59 Million +16.41%
2020-12-31 $40.02 Million --