Shinkong Textile Co Ltd (1419) - Total Assets
Based on the latest financial reports, Shinkong Textile Co Ltd (1419) holds total assets worth NT$24.76 Billion TWD (≈ $780.21 Million 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 1419 net assets for net asset value and shareholders' equity analysis.
Shinkong Textile Co Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Shinkong Textile Co Ltd's total assets have evolved over time, based on quarterly financial data.
Shinkong Textile Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shinkong Textile Co Ltd's total assets of NT$24.76 Billion consist of 20.9% current assets and 79.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.0% |
| Accounts Receivable | NT$674.59 Million | 3.1% |
| Inventory | NT$1.24 Billion | 5.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$7.51 Million | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Shinkong Textile 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. For live market cap, price, and company overview, see market value of Shinkong Textile Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shinkong Textile Co Ltd's current assets represent 20.9% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, up from 0.4% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 5.8% of total assets.
Shinkong Textile Co Ltd Competitors by Total Assets
Key competitors of Shinkong Textile Co Ltd 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 Textile 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 | 1.28 | 1.26 | 0.82 |
| Quick Ratio | 1.02 | 0.90 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.31 Billion | NT$922.51 Million | NT$-640.12 Million |
Shinkong Textile Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shinkong Textile 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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 16.1% |
| Total Assets | NT$21.53 Billion |
| Market Capitalization | $607.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shinkong Textile Co Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shinkong Textile Co Ltd's assets grew by 16.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shinkong Textile Co Ltd (2003–2024)
The table below shows the annual total assets of Shinkong Textile Co Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$21.53 Billion ≈ $678.29 Million |
+16.10% |
| 2023-12-31 | NT$18.54 Billion ≈ $584.24 Million |
+11.05% |
| 2022-12-31 | NT$16.70 Billion ≈ $526.10 Million |
+3.49% |
| 2021-12-31 | NT$16.14 Billion ≈ $508.34 Million |
+18.82% |
| 2020-12-31 | NT$13.58 Billion ≈ $427.82 Million |
+5.11% |
| 2019-12-31 | NT$12.92 Billion ≈ $407.01 Million |
+5.49% |
| 2018-12-31 | NT$12.25 Billion ≈ $385.84 Million |
-11.10% |
| 2017-12-31 | NT$13.78 Billion ≈ $434.00 Million |
+11.70% |
| 2016-12-31 | NT$12.33 Billion ≈ $388.54 Million |
+8.53% |
| 2015-12-31 | NT$11.36 Billion ≈ $358.01 Million |
-1.05% |
| 2014-12-31 | NT$11.48 Billion ≈ $361.80 Million |
+7.02% |
| 2013-12-31 | NT$10.73 Billion ≈ $338.06 Million |
+18.99% |
| 2012-12-31 | NT$9.02 Billion ≈ $284.10 Million |
+5.95% |
| 2011-12-31 | NT$8.51 Billion ≈ $268.15 Million |
-12.12% |
| 2010-12-31 | NT$9.68 Billion ≈ $305.13 Million |
+14.58% |
| 2009-12-31 | NT$8.45 Billion ≈ $266.31 Million |
+21.71% |
| 2008-12-31 | NT$6.95 Billion ≈ $218.82 Million |
+0.34% |
| 2007-12-31 | NT$6.92 Billion ≈ $218.07 Million |
-3.00% |
| 2006-12-31 | NT$7.14 Billion ≈ $224.81 Million |
+10.89% |
| 2005-12-31 | NT$6.43 Billion ≈ $202.73 Million |
-11.48% |
| 2004-12-31 | NT$7.27 Billion ≈ $229.03 Million |
+0.86% |
| 2003-12-31 | NT$7.21 Billion ≈ $227.07 Million |
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About Shinkong Textile Co Ltd
Shinkong Textile Co., Ltd. engages in the production and sale of various synthetic fibers, fabrics, and finished fabrics in Taiwan and internationally. The company operates through Sales Department, Retail Department, and Real Estate Department segments. It offers athleisure, business active, urban lifestyle, sports, outdoor, medical, and work wears. It is also involved in development and rental … Read more