Victory New Materials Ltd Co
Victory New Materials Limited Company manufactures and sells shoe materials in China and internationally. The company offers secondary molding soles, one injection soles, one injection monochrome slippers, injected styrofoam plastic molding soles, one injection dual color soles, one injection dual color finished shoes, RB soles, EVO plastic particles, and toys. Victory New Materials Limited Compa… Read more
Victory New Materials Ltd Co (1340) - Total Assets
Latest total assets as of September 2025: NT$2.97 Billion TWD
Based on the latest financial reports, Victory New Materials Ltd Co (1340) holds total assets worth NT$2.97 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.
Victory New Materials Ltd Co - Total Assets Trend (2010–2024)
This chart illustrates how Victory New Materials Ltd Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Victory New Materials Ltd Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Victory New Materials Ltd Co's total assets of NT$2.97 Billion consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 20.6% |
| Accounts Receivable | NT$57.53 Million | 1.7% |
| Inventory | NT$11.72 Million | 0.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Victory New Materials Ltd Co'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: Victory New Materials Ltd Co's current assets represent 29.2% of total assets in 2024, a decrease from 80.9% in 2010.
- Cash Position: Cash and equivalents constituted 20.6% of total assets in 2024, down from 35.3% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 8.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
Victory New Materials Ltd Co Competitors by Total Assets
Key competitors of Victory New Materials Ltd Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
Victory New Materials Ltd Co - 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 - Victory New Materials Ltd Co generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Victory New Materials Ltd Co is currently not profitable relative to its asset base.
Victory New Materials Ltd Co - 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 | 8.33 | 7.41 | 24.61 |
| Quick Ratio | 8.33 | 7.36 | 24.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$694.00 Million | NT$ 907.66 Million | NT$ 3.38 Billion |
Victory New Materials Ltd Co - Advanced Valuation Insights
This section examines the relationship between Victory New Materials Ltd Co'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 | 0.41 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -18.9% |
| Total Assets | NT$3.32 Billion |
| Market Capitalization | $23.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Victory New Materials Ltd Co's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Victory New Materials Ltd Co's assets decreased by 18.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Victory New Materials Ltd Co (2010–2024)
The table below shows the annual total assets of Victory New Materials Ltd Co from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.32 Billion | -18.93% |
| 2023-12-31 | NT$4.10 Billion | -14.44% |
| 2022-12-31 | NT$4.79 Billion | -7.06% |
| 2021-12-31 | NT$5.15 Billion | -7.41% |
| 2020-12-31 | NT$5.57 Billion | -9.09% |
| 2019-12-31 | NT$6.12 Billion | -9.81% |
| 2018-12-31 | NT$6.79 Billion | -3.00% |
| 2017-12-31 | NT$7.00 Billion | +8.46% |
| 2016-12-31 | NT$6.45 Billion | +0.96% |
| 2015-12-31 | NT$6.39 Billion | +12.13% |
| 2014-12-31 | NT$5.70 Billion | +49.20% |
| 2013-12-31 | NT$3.82 Billion | +79.65% |
| 2012-12-31 | NT$2.13 Billion | +15.67% |
| 2011-12-31 | NT$1.84 Billion | +53.56% |
| 2010-12-31 | NT$1.20 Billion | -- |