Tri Ocean Textile Co Ltd
Triocean Industrial Corporation Co., Ltd., together with its subsidiaries, engages in the construction business in Taiwan. The company undertakes public works, solar energy engineering, social housing, private residential, and water and electrical works. It is also involved in the manufacture, processing, and trading of fibrous fabrics; and trading of construction and building materials. The comp… Read more
Tri Ocean Textile Co Ltd (1472) - Total Assets
Latest total assets as of September 2025: NT$5.36 Billion TWD
Based on the latest financial reports, Tri Ocean Textile Co Ltd (1472) holds total assets worth NT$5.36 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.
Tri Ocean Textile Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Tri Ocean Textile Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tri Ocean Textile Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tri Ocean Textile Co Ltd's total assets of NT$5.36 Billion consist of 79.0% current assets and 21.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 17.4% |
| Accounts Receivable | NT$804.51 Million | 17.7% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$11.16 Million | 0.3% |
| Goodwill | NT$428.70 Million | 9.4% |
Asset Composition Trend (2002–2024)
This chart illustrates how Tri Ocean 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tri Ocean Textile Co Ltd's current assets represent 79.0% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 1.6% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 17.7% of total assets.
Tri Ocean Textile Co Ltd Competitors by Total Assets
Key competitors of Tri Ocean Textile Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Tri Ocean Textile 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
Moderate asset utilization - Tri Ocean Textile Co Ltd generates 0.51x 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, Tri Ocean Textile Co Ltd generates $ 3.40 in net profit.
Tri Ocean 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 | 1.99 | 2.32 | 0.77 |
| Quick Ratio | 1.99 | 2.32 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$2.18 Billion | NT$ 1.54 Billion | NT$ -233.29 Million |
Tri Ocean Textile Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tri Ocean 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 | 2.14 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 70.3% |
| Total Assets | NT$4.54 Billion |
| Market Capitalization | $47.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tri Ocean Textile Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tri Ocean Textile Co Ltd's assets grew by 70.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tri Ocean Textile Co Ltd (2002–2024)
The table below shows the annual total assets of Tri Ocean Textile Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.54 Billion | +70.35% |
| 2023-12-31 | NT$2.67 Billion | -3.45% |
| 2022-12-31 | NT$2.76 Billion | +49.74% |
| 2021-12-31 | NT$1.84 Billion | +2.73% |
| 2020-12-31 | NT$1.79 Billion | +20.43% |
| 2019-12-31 | NT$1.49 Billion | +74.13% |
| 2018-12-31 | NT$855.93 Million | -9.10% |
| 2017-12-31 | NT$941.61 Million | -3.50% |
| 2016-12-31 | NT$975.78 Million | -3.75% |
| 2015-12-31 | NT$1.01 Billion | -1.40% |
| 2014-12-31 | NT$1.03 Billion | -1.69% |
| 2013-12-31 | NT$1.05 Billion | -18.20% |
| 2012-12-31 | NT$1.28 Billion | -7.54% |
| 2011-12-31 | NT$1.38 Billion | -18.46% |
| 2010-12-31 | NT$1.70 Billion | +6.56% |
| 2009-12-31 | NT$1.59 Billion | -13.39% |
| 2008-12-31 | NT$1.84 Billion | -15.98% |
| 2007-12-31 | NT$2.19 Billion | +2.21% |
| 2006-12-31 | NT$2.14 Billion | +10.40% |
| 2005-12-31 | NT$1.94 Billion | +3.74% |
| 2004-12-31 | NT$1.87 Billion | -3.49% |
| 2003-12-31 | NT$1.94 Billion | +15.04% |
| 2002-12-31 | NT$1.68 Billion | -- |