Fortune Electric Co Ltd
Fortune Electric Co., Ltd. manufactures and sells high and low voltage transformers, distribution panels, and distribution switchgear in Taiwan and internationally. The company provides power, distribution, cast resin, and amorphous metal core transformers; and metal-clad switchgears, gas insulated switches, switchgear panels, motor control centers, and transmission and distribution apparatus. Fo… Read more
Fortune Electric Co Ltd (1519) - Total Assets
Latest total assets as of September 2025: NT$24.98 Billion TWD
Based on the latest financial reports, Fortune Electric Co Ltd (1519) holds total assets worth NT$24.98 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.
Fortune Electric Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Fortune Electric Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortune Electric Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fortune Electric Co Ltd's total assets of NT$24.98 Billion consist of 82.9% current assets and 17.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.3% |
| Accounts Receivable | NT$6.99 Billion | 32.0% |
| Inventory | NT$7.60 Billion | 34.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$67.01 Million | 0.3% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Fortune Electric 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: Fortune Electric Co Ltd's current assets represent 82.9% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, up from 0.4% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 34.7% of total assets.
Fortune Electric Co Ltd Competitors by Total Assets
Key competitors of Fortune Electric Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
355690
KQ:355690
|
Korea | ₩40.32 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
|
Kumho Electric
KO:001210
|
Korea | ₩30.00 Billion |
Fortune Electric 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
Strong asset utilization - Fortune Electric Co Ltd generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Fortune Electric Co Ltd generates $ 19.60 in net profit.
Fortune Electric 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 | 1.67 | 1.48 | 1.64 |
| Quick Ratio | 0.87 | 0.78 | 1.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$7.54 Billion | NT$ 5.41 Billion | NT$ 2.52 Billion |
Fortune Electric Co Ltd - Advanced Valuation Insights
This section examines the relationship between Fortune Electric 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 | 34.86 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 43.4% |
| Total Assets | NT$21.87 Billion |
| Market Capitalization | $3.49 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Fortune Electric Co Ltd's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Fortune Electric Co Ltd's assets grew by 43.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fortune Electric Co Ltd (2002–2024)
The table below shows the annual total assets of Fortune Electric Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$21.87 Billion | +43.44% |
| 2023-12-31 | NT$15.25 Billion | +30.31% |
| 2022-12-31 | NT$11.70 Billion | +17.92% |
| 2021-12-31 | NT$9.92 Billion | +14.15% |
| 2020-12-31 | NT$8.69 Billion | +1.23% |
| 2019-12-31 | NT$8.59 Billion | +25.78% |
| 2018-12-31 | NT$6.83 Billion | -3.42% |
| 2017-12-31 | NT$7.07 Billion | +1.59% |
| 2016-12-31 | NT$6.96 Billion | -11.03% |
| 2015-12-31 | NT$7.82 Billion | +17.05% |
| 2014-12-31 | NT$6.68 Billion | +19.36% |
| 2013-12-31 | NT$5.60 Billion | +0.35% |
| 2012-12-31 | NT$5.58 Billion | -7.32% |
| 2011-12-31 | NT$6.02 Billion | +1.47% |
| 2010-12-31 | NT$5.93 Billion | +2.78% |
| 2009-12-31 | NT$5.77 Billion | -19.43% |
| 2008-12-31 | NT$7.16 Billion | +9.49% |
| 2007-12-31 | NT$6.54 Billion | +0.61% |
| 2006-12-31 | NT$6.50 Billion | +24.67% |
| 2005-12-31 | NT$5.22 Billion | +22.02% |
| 2004-12-31 | NT$4.27 Billion | +3.93% |
| 2003-12-31 | NT$4.11 Billion | -6.96% |
| 2002-12-31 | NT$4.42 Billion | -- |