TOYO Co., Ltd Ordinary Shares
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. The company designs, manufactures, and sells solar cells and modules, and related products. TOYO Co., Ltd. is headquartered in Tokyo, Japan.
TOYO Co., Ltd Ordinary Shares (TOYO) - Total Assets
Latest total assets as of June 2025: $353.62 Million USD
Based on the latest financial reports, TOYO Co., Ltd Ordinary Shares (TOYO) holds total assets worth $353.62 Million USD 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.
TOYO Co., Ltd Ordinary Shares - Total Assets Trend (2021–2024)
This chart illustrates how TOYO Co., Ltd Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TOYO Co., Ltd Ordinary Shares - Asset Composition Analysis
Current Asset Composition (December 2024)
TOYO Co., Ltd Ordinary Shares's total assets of $353.62 Million consist of 23.1% current assets and 76.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.7% |
| Accounts Receivable | $18.75 Million | 7.8% |
| Inventory | $19.98 Million | 8.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how TOYO Co., Ltd 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: TOYO Co., Ltd Ordinary Shares's current assets represent 23.1% of total assets in 2024, an increase from 0.3% in 2021.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2024, up from 0.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 8.3% of total assets.
TOYO Co., Ltd Ordinary Shares Competitors by Total Assets
Key competitors of TOYO Co., Ltd Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
TOYO Co., Ltd 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
Strong asset utilization - TOYO Co., Ltd Ordinary Shares generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, TOYO Co., Ltd Ordinary Shares generates $ 17.06 in net profit.
TOYO Co., Ltd 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 | 0.47 | 0.66 | 6.75 |
| Quick Ratio | 0.23 | 0.29 | 6.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-131.38 Million | $ -48.83 Million | $ 316.47K |
TOYO Co., Ltd Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between TOYO Co., Ltd 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 | 4.54 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 0.6% |
| Total Assets | $239.80 Million |
| Market Capitalization | $78.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values TOYO Co., Ltd Ordinary Shares's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TOYO Co., Ltd Ordinary Shares's assets grew by 0.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TOYO Co., Ltd Ordinary Shares (2021–2024)
The table below shows the annual total assets of TOYO Co., Ltd Ordinary Shares from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $239.80 Million | +0.64% |
| 2023-12-31 | $238.28 Million | +236.92% |
| 2022-12-31 | $70.72 Million | -24.65% |
| 2021-12-31 | $93.86 Million | -- |