Tong-Hwa Synthetic Fiber Co Ltd
TongHwa Corporation purchases and sells acrylic staple and tow in Taiwan. It is also involved in the residential and building investment, development, leasing, and sales. The company was formerly known as Tong-Hwa Synthetic Fiber Company Limited. TongHwa Corporation was founded in 1970 and is based in Taipei, Taiwan.
Tong-Hwa Synthetic Fiber Co Ltd (1418) - Total Assets
Latest total assets as of September 2025: NT$5.28 Billion TWD
Based on the latest financial reports, Tong-Hwa Synthetic Fiber Co Ltd (1418) holds total assets worth NT$5.28 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.
Tong-Hwa Synthetic Fiber Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Tong-Hwa Synthetic Fiber Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tong-Hwa Synthetic Fiber Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tong-Hwa Synthetic Fiber Co Ltd's total assets of NT$5.28 Billion consist of 27.7% current assets and 72.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 18.4% |
| Accounts Receivable | NT$2.62 Million | 0.1% |
| Inventory | NT$392.65 Million | 7.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Tong-Hwa Synthetic Fiber Co Ltd'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: Tong-Hwa Synthetic Fiber Co Ltd's current assets represent 27.7% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2024, up from 0.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 7.5% of total assets.
Tong-Hwa Synthetic Fiber Co Ltd Competitors by Total Assets
Key competitors of Tong-Hwa Synthetic Fiber Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 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 |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Tong-Hwa Synthetic Fiber Co Ltd - 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 - Tong-Hwa Synthetic Fiber Co Ltd generates 0.00x 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, Tong-Hwa Synthetic Fiber Co Ltd generates $ 0.49 in net profit.
Tong-Hwa Synthetic Fiber Co Ltd - 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 | 0.44 | 62.75 | 1.46 |
| Quick Ratio | 0.19 | 62.62 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-1.84 Billion | NT$ 1.23 Billion | NT$ 55.43 Million |
Tong-Hwa Synthetic Fiber Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tong-Hwa Synthetic Fiber Co Ltd'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 | 0.92 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.6% |
| Total Assets | NT$5.26 Billion |
| Market Capitalization | $10.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tong-Hwa Synthetic Fiber Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tong-Hwa Synthetic Fiber Co Ltd's assets grew by 17.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tong-Hwa Synthetic Fiber Co Ltd (2002–2024)
The table below shows the annual total assets of Tong-Hwa Synthetic Fiber Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.26 Billion | +17.57% |
| 2023-12-31 | NT$4.48 Billion | +15.22% |
| 2022-12-31 | NT$3.89 Billion | +9.30% |
| 2021-12-31 | NT$3.56 Billion | +59.24% |
| 2020-12-31 | NT$2.23 Billion | -9.08% |
| 2019-12-31 | NT$2.46 Billion | -7.96% |
| 2018-12-31 | NT$2.67 Billion | +68.70% |
| 2017-12-31 | NT$1.58 Billion | -10.74% |
| 2016-12-31 | NT$1.77 Billion | -1.73% |
| 2015-12-31 | NT$1.80 Billion | -11.42% |
| 2014-12-31 | NT$2.04 Billion | +0.82% |
| 2013-12-31 | NT$2.02 Billion | -8.89% |
| 2012-12-31 | NT$2.22 Billion | -6.60% |
| 2011-12-31 | NT$2.37 Billion | -2.13% |
| 2010-12-31 | NT$2.42 Billion | -0.70% |
| 2009-12-31 | NT$2.44 Billion | -0.23% |
| 2008-12-31 | NT$2.45 Billion | -23.88% |
| 2007-12-31 | NT$3.21 Billion | -8.66% |
| 2006-12-31 | NT$3.52 Billion | -5.42% |
| 2005-12-31 | NT$3.72 Billion | -16.06% |
| 2004-12-31 | NT$4.43 Billion | -0.28% |
| 2003-12-31 | NT$4.45 Billion | -3.49% |
| 2002-12-31 | NT$4.61 Billion | -- |