Asia Polymer Corp
Asia Polymer Corporation designs, develops, manufactures, and sells low and medium density polyethylene (LDPE) and ethylene vinyl acetate copolymer resins (EVA) in Taiwan, Asia, and internationally. The company offers LDPE resins, such as film-grade, injection molding grade, sport goods, shoe soles, extrusion casting, and laminating film-grade products, as well as products for other uses, such as… Read more
Asia Polymer Corp (1308) - Total Assets
Latest total assets as of September 2025: NT$12.27 Billion TWD
Based on the latest financial reports, Asia Polymer Corp (1308) holds total assets worth NT$12.27 Billion TWD 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.
Asia Polymer Corp - Total Assets Trend (2000–2024)
This chart illustrates how Asia Polymer Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Asia Polymer Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Asia Polymer Corp's total assets of NT$12.27 Billion consist of 24.2% current assets and 75.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 10.8% |
| Accounts Receivable | NT$459.40 Million | 3.4% |
| Inventory | NT$592.98 Million | 4.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Asia Polymer 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: Asia Polymer Corp's current assets represent 24.2% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, up from 2.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 4.4% of total assets.
Asia Polymer Corp Competitors by Total Assets
Key competitors of Asia Polymer Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Asia Polymer 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
Moderate asset utilization - Asia Polymer Corp generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Asia Polymer Corp is currently not profitable relative to its asset base.
Asia Polymer 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 | 2.55 | 2.39 | 2.00 |
| Quick Ratio | 1.98 | 1.81 | 1.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.73 Billion | NT$ 1.77 Billion | NT$ 1.49 Billion |
Asia Polymer Corp - Advanced Valuation Insights
This section examines the relationship between Asia Polymer 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 | 0.85 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -9.4% |
| Total Assets | NT$13.60 Billion |
| Market Capitalization | $156.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Asia Polymer Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Asia Polymer Corp's assets decreased by 9.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Asia Polymer Corp (2000–2024)
The table below shows the annual total assets of Asia Polymer Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.60 Billion | -9.41% |
| 2023-12-31 | NT$15.01 Billion | -8.41% |
| 2022-12-31 | NT$16.39 Billion | -13.64% |
| 2021-12-31 | NT$18.98 Billion | +12.41% |
| 2020-12-31 | NT$16.88 Billion | -0.23% |
| 2019-12-31 | NT$16.92 Billion | +8.50% |
| 2018-12-31 | NT$15.60 Billion | +4.85% |
| 2017-12-31 | NT$14.88 Billion | +1.40% |
| 2016-12-31 | NT$14.67 Billion | +45.36% |
| 2015-12-31 | NT$10.09 Billion | +0.06% |
| 2014-12-31 | NT$10.09 Billion | -0.52% |
| 2013-12-31 | NT$10.14 Billion | -2.42% |
| 2012-12-31 | NT$10.39 Billion | +3.71% |
| 2011-12-31 | NT$10.02 Billion | +8.91% |
| 2010-12-31 | NT$9.20 Billion | +23.44% |
| 2009-12-31 | NT$7.45 Billion | +28.67% |
| 2008-12-31 | NT$5.79 Billion | -21.44% |
| 2007-12-31 | NT$7.37 Billion | +30.52% |
| 2006-12-31 | NT$5.65 Billion | +8.70% |
| 2005-12-31 | NT$5.20 Billion | +0.62% |
| 2004-12-31 | NT$5.16 Billion | +7.29% |
| 2003-12-31 | NT$4.81 Billion | +4.11% |
| 2002-12-31 | NT$4.62 Billion | +11.07% |
| 2001-12-31 | NT$4.16 Billion | -74.77% |
| 2000-12-31 | NT$16.50 Billion | -- |