Taiwan Cement Corp
TCC Group Holdings Co., Ltd. engages in the production and sale of cement and ready-mix concrete in Taiwan. The company operates through Cement, Electricity and Energy, and Other segments. It is also involved in the thermal, photovoltaic, wind, geothermal and renewable power generation; research, development, production, and sale of rechargeable lithium-ion batteries and battery modules; marine a… Read more
Taiwan Cement Corp (TGBMF) - Total Assets
Latest total assets as of September 2025: $581.08 Billion USD
Based on the latest financial reports, Taiwan Cement Corp (TGBMF) holds total assets worth $581.08 Billion 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.
Taiwan Cement Corp - Total Assets Trend (2006–2024)
This chart illustrates how Taiwan Cement Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Taiwan Cement Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Taiwan Cement Corp's total assets of $581.08 Billion consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.1% |
| Accounts Receivable | $34.18 Billion | 5.8% |
| Inventory | $21.99 Billion | 3.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $43.86 Billion | 7.4% |
| Goodwill | $20.68 Billion | 3.5% |
Asset Composition Trend (2006–2024)
This chart illustrates how Taiwan Cement Corp'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: Taiwan Cement Corp's current assets represent 29.2% of total assets in 2024, an increase from 26.6% in 2006.
- Cash Position: Cash and equivalents constituted 13.1% of total assets in 2024, up from 5.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is intangible assets at 7.4% of total assets.
Taiwan Cement Corp Competitors by Total Assets
Key competitors of Taiwan Cement Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CSG Holding Co Ltd
SHE:000012
|
China | CN¥31.27 Billion |
|
Tangshan Jidong Cement Co Ltd
SHE:000401
|
China | CN¥58.66 Billion |
|
Chosun Refractories Co Ltd
KO:000480
|
Korea | ₩1.60 Trillion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
China | CN¥16.88 Billion |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
China | CN¥15.80 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
China | CN¥289.73 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
China | CN¥2.25 Billion |
|
Tongyang Inc
KO:001525
|
Korea | ₩1.31 Trillion |
Taiwan Cement Corp - 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
Lower asset utilization - Taiwan Cement Corp generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Taiwan Cement Corp generates $ 1.90 in net profit.
Taiwan Cement Corp - 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 | 1.90 | 1.99 | 1.72 |
| Quick Ratio | 1.69 | 1.75 | 1.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $84.30 Billion | $ 85.35 Billion | $ 52.21 Billion |
Taiwan Cement Corp - Advanced Valuation Insights
This section examines the relationship between Taiwan Cement Corp'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 | 1.07 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 26.4% |
| Total Assets | $593.41 Billion |
| Market Capitalization | $6.63 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Taiwan Cement Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Taiwan Cement Corp's assets grew by 26.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Taiwan Cement Corp (2006–2024)
The table below shows the annual total assets of Taiwan Cement Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $593.41 Billion | +26.41% |
| 2023-12-31 | $469.44 Billion | +1.87% |
| 2022-12-31 | $460.81 Billion | +4.33% |
| 2021-12-31 | $441.68 Billion | +13.40% |
| 2020-12-31 | $389.51 Billion | +5.99% |
| 2019-12-31 | $367.48 Billion | +6.80% |
| 2018-12-31 | $344.09 Billion | +26.24% |
| 2017-12-31 | $272.56 Billion | +2.09% |
| 2016-12-31 | $266.99 Billion | -8.90% |
| 2015-12-31 | $293.07 Billion | +0.11% |
| 2014-12-31 | $292.74 Billion | +3.56% |
| 2013-12-31 | $282.68 Billion | +8.13% |
| 2012-12-31 | $261.43 Billion | -0.18% |
| 2011-12-31 | $261.89 Billion | -0.07% |
| 2010-12-31 | $262.07 Billion | +28.00% |
| 2009-12-31 | $204.74 Billion | +9.56% |
| 2008-12-31 | $186.87 Billion | -2.63% |
| 2007-12-31 | $191.91 Billion | +18.94% |
| 2006-12-31 | $161.35 Billion | -- |