Far Eastern New Century Corp
Far Eastern New Century Corporation manufactures and sells polyester materials and textiles in Taiwan, China, and internationally. It operates through Production, Telecommunication Services, Property Development, and Investment and Others segments. The company offers semi-finished and finished textiles, such as cotton, synthetic and blended fabrics, towels and bed sheets, and woven and knitted ga… Read more
Far Eastern New Century Corp (1402) - Total Assets
Latest total assets as of September 2025: NT$665.19 Billion TWD
Based on the latest financial reports, Far Eastern New Century Corp (1402) holds total assets worth NT$665.19 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.
Far Eastern New Century Corp - Total Assets Trend (2000–2024)
This chart illustrates how Far Eastern New Century Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Far Eastern New Century Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Far Eastern New Century Corp's total assets of NT$665.19 Billion consist of 22.8% current assets and 77.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 6.1% |
| Accounts Receivable | NT$35.59 Billion | 5.2% |
| Inventory | NT$47.62 Billion | 7.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$65.38 Billion | 9.6% |
| Goodwill | NT$20.26 Billion | 3.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Far Eastern New Century 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: Far Eastern New Century Corp's current assets represent 22.8% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 8.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 9.6% of total assets.
Far Eastern New Century Corp Competitors by Total Assets
Key competitors of Far Eastern New Century Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Yoong Onn Corporation Bhd
KLSE:5159
|
Malaysia | RM407.94 Million |
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
China | CN¥5.28 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
Far Eastern New Century 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 - Far Eastern New Century Corp generates 0.40x 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, Far Eastern New Century Corp generates $ 1.47 in net profit.
Far Eastern New Century 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 | 0.98 | 1.13 | 1.04 |
| Quick Ratio | 0.70 | 0.76 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-2.66 Billion | NT$ 16.11 Billion | NT$ 4.22 Billion |
Far Eastern New Century Corp - Advanced Valuation Insights
This section examines the relationship between Far Eastern New Century 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 | 0.67 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.6% |
| Total Assets | NT$682.07 Billion |
| Market Capitalization | $3.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Far Eastern New Century Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Far Eastern New Century Corp's assets grew by 1.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Far Eastern New Century Corp (2000–2024)
The table below shows the annual total assets of Far Eastern New Century Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$682.07 Billion | +1.59% |
| 2023-12-31 | NT$671.42 Billion | +2.08% |
| 2022-12-31 | NT$657.76 Billion | +3.53% |
| 2021-12-31 | NT$635.33 Billion | +2.98% |
| 2020-12-31 | NT$616.96 Billion | +7.10% |
| 2019-12-31 | NT$576.08 Billion | +1.85% |
| 2018-12-31 | NT$565.59 Billion | +9.45% |
| 2017-12-31 | NT$516.77 Billion | +0.64% |
| 2016-12-31 | NT$513.46 Billion | -1.02% |
| 2015-12-31 | NT$518.77 Billion | +4.46% |
| 2014-12-31 | NT$496.60 Billion | +28.54% |
| 2013-12-31 | NT$386.36 Billion | +13.92% |
| 2012-12-31 | NT$339.15 Billion | +3.08% |
| 2011-12-31 | NT$329.01 Billion | +12.02% |
| 2010-12-31 | NT$293.71 Billion | +9.83% |
| 2009-12-31 | NT$267.42 Billion | +89.61% |
| 2008-12-31 | NT$141.04 Billion | -3.13% |
| 2007-12-31 | NT$145.59 Billion | +13.95% |
| 2006-12-31 | NT$127.77 Billion | -48.13% |
| 2005-12-31 | NT$246.32 Billion | +8.83% |
| 2004-12-31 | NT$226.33 Billion | +20.48% |
| 2003-12-31 | NT$187.86 Billion | +11.50% |
| 2002-12-31 | NT$168.48 Billion | +5.14% |
| 2001-12-31 | NT$160.24 Billion | -2.73% |
| 2000-12-31 | NT$164.73 Billion | -- |