Shinkong Synthetic Fiber Corp (1409) - Total Assets
Based on the latest financial reports, Shinkong Synthetic Fiber Corp (1409) holds total assets worth NT$219.10 Billion TWD (≈ $6.90 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. See 1409 net asset value for net asset value and shareholders' equity analysis.
Shinkong Synthetic Fiber Corp - Total Assets Trend (2000–2024)
This chart illustrates how Shinkong Synthetic Fiber Corp's total assets have evolved over time, based on quarterly financial data.
Shinkong Synthetic Fiber Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Shinkong Synthetic Fiber Corp's total assets of NT$219.10 Billion consist of 68.3% current assets and 31.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.6% |
| Accounts Receivable | NT$99.38 Billion | 46.4% |
| Inventory | NT$6.54 Billion | 3.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$135.77 Million | 0.1% |
| Goodwill | NT$280.20 Million | 0.1% |
Asset Composition Trend (2000–2024)
This chart illustrates how Shinkong Synthetic Fiber 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. For live market cap, price, and company overview, see Shinkong Synthetic Fiber Corp market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shinkong Synthetic Fiber Corp's current assets represent 68.3% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, up from 0.5% 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 accounts receivable at 46.4% of total assets.
Shinkong Synthetic Fiber Corp Competitors by Total Assets
Key competitors of Shinkong Synthetic Fiber Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306
|
China | CN¥5.86 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
China | CN¥13.55 Billion |
|
Vardhman Textiles Limited
NSE:VTL
|
India | Rs131.53 Billion |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
China | CN¥16.51 Billion |
|
Hunan Huasheng Co Ltd
SHG:600156
|
China | CN¥834.37 Million |
|
Huafang Co Ltd
SHG:600448
|
China | CN¥3.70 Billion |
|
Indo Kordsa Tbk
JK:BRAM
|
Indonesia | Rp268.28 Million |
|
Daehan Synthet
KO:003830
|
Korea | ₩812.49 Billion |
Shinkong Synthetic Fiber 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 | 1.07 | 1.07 | 1.02 |
| Quick Ratio | 1.02 | 1.02 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$10.09 Billion | NT$9.79 Billion | NT$1.96 Billion |
Shinkong Synthetic Fiber Corp - Advanced Valuation Insights
This section examines the relationship between Shinkong Synthetic Fiber 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 | 0.60 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.9% |
| Total Assets | NT$214.29 Billion |
| Market Capitalization | $854.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shinkong Synthetic Fiber Corp's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shinkong Synthetic Fiber Corp's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shinkong Synthetic Fiber Corp (2000–2024)
The table below shows the annual total assets of Shinkong Synthetic Fiber Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$214.29 Billion ≈ $6.75 Billion |
+9.87% |
| 2023-12-31 | NT$195.04 Billion ≈ $6.14 Billion |
+7.33% |
| 2022-12-31 | NT$181.73 Billion ≈ $5.73 Billion |
-7.30% |
| 2021-12-31 | NT$196.03 Billion ≈ $6.18 Billion |
+12.69% |
| 2020-12-31 | NT$173.95 Billion ≈ $5.48 Billion |
+10.67% |
| 2019-12-31 | NT$157.18 Billion ≈ $4.95 Billion |
+9.26% |
| 2018-12-31 | NT$143.86 Billion ≈ $4.53 Billion |
-0.41% |
| 2017-12-31 | NT$144.46 Billion ≈ $4.55 Billion |
+10.25% |
| 2016-12-31 | NT$131.02 Billion ≈ $4.13 Billion |
+1.16% |
| 2015-12-31 | NT$129.51 Billion ≈ $4.08 Billion |
-0.54% |
| 2014-12-31 | NT$130.22 Billion ≈ $4.10 Billion |
+5.07% |
| 2013-12-31 | NT$123.93 Billion ≈ $3.90 Billion |
+14.50% |
| 2012-12-31 | NT$108.24 Billion ≈ $3.41 Billion |
+5.65% |
| 2011-12-31 | NT$102.45 Billion ≈ $3.23 Billion |
+9.24% |
| 2010-12-31 | NT$93.78 Billion ≈ $2.95 Billion |
+15.04% |
| 2009-12-31 | NT$81.52 Billion ≈ $2.57 Billion |
+5.98% |
| 2008-12-31 | NT$76.92 Billion ≈ $2.42 Billion |
-5.71% |
| 2007-12-31 | NT$81.58 Billion ≈ $2.57 Billion |
+106.41% |
| 2006-12-31 | NT$39.52 Billion ≈ $1.25 Billion |
+20.10% |
| 2005-12-31 | NT$32.91 Billion ≈ $1.04 Billion |
+22.26% |
| 2004-12-31 | NT$26.92 Billion ≈ $848.09 Million |
-3.07% |
| 2003-12-31 | NT$27.77 Billion ≈ $874.91 Million |
+5.63% |
| 2002-12-31 | NT$26.29 Billion ≈ $828.24 Million |
+6.38% |
| 2001-12-31 | NT$24.71 Billion ≈ $778.57 Million |
+10.05% |
| 2000-12-31 | NT$22.46 Billion ≈ $707.47 Million |
-- |
About Shinkong Synthetic Fiber Corp
Shinkong Synthetic Fibers Corporation researches for, manufactures, and sells polyester chips and polyester films in Asia. The company's products primarily include partially oriented yarns, polyester filament yarns, fully drawn yarns, polyester staple fibers, polyester draw textured yarns, industrial yarns, polyester pellets, PET bottle grade resins, PET bottles, PET bottle preforms, engineering … Read more