Tsang Yow Industrial Co Ltd
Tsang Yow Industrial Co.,Ltd. manufactures and supplies transmission system components and assemblies worldwide. It provides automatic and manual transmission, off highway machinery, torque converter, and viscous coupling parts; clutch parts for heavy-duty trucks; and gear boxes. The company was founded in 1985 and is based in Chiayi, Taiwan.
Tsang Yow Industrial Co Ltd (1568) - Total Assets
Latest total assets as of September 2025: NT$2.28 Billion TWD
Based on the latest financial reports, Tsang Yow Industrial Co Ltd (1568) holds total assets worth NT$2.28 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.
Tsang Yow Industrial Co Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Tsang Yow Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tsang Yow Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tsang Yow Industrial Co Ltd's total assets of NT$2.28 Billion consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.8% |
| Accounts Receivable | NT$209.26 Million | 9.0% |
| Inventory | NT$297.75 Million | 12.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$3.63 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Tsang Yow Industrial 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: Tsang Yow Industrial Co Ltd's current assets represent 42.4% of total assets in 2024, an increase from 33.4% in 2009.
- Cash Position: Cash and equivalents constituted 19.8% of total assets in 2024, up from 2.7% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 12.8% of total assets.
Tsang Yow Industrial Co Ltd Competitors by Total Assets
Key competitors of Tsang Yow Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Tsang Yow Industrial 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 - Tsang Yow Industrial Co Ltd generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Tsang Yow Industrial Co Ltd generates $7.01 in net profit.
Tsang Yow Industrial 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 | 2.82 | 3.15 | 1.62 |
| Quick Ratio | 1.98 | 2.30 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$545.45 Million | NT$ 778.59 Million | NT$ 569.29 Million |
Tsang Yow Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Tsang Yow Industrial 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 | 1.21 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -11.3% |
| Total Assets | NT$2.33 Billion |
| Market Capitalization | $38.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tsang Yow Industrial Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tsang Yow Industrial Co Ltd's assets decreased by 11.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tsang Yow Industrial Co Ltd (2009–2024)
The table below shows the annual total assets of Tsang Yow Industrial Co Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.33 Billion | -11.30% |
| 2023-12-31 | NT$2.62 Billion | -10.29% |
| 2022-12-31 | NT$2.92 Billion | -9.04% |
| 2021-12-31 | NT$3.21 Billion | +2.17% |
| 2020-12-31 | NT$3.15 Billion | -4.64% |
| 2019-12-31 | NT$3.30 Billion | -7.63% |
| 2018-12-31 | NT$3.57 Billion | -3.84% |
| 2017-12-31 | NT$3.71 Billion | +10.05% |
| 2016-12-31 | NT$3.38 Billion | +13.46% |
| 2015-12-31 | NT$2.98 Billion | -0.92% |
| 2014-12-31 | NT$3.00 Billion | +14.61% |
| 2013-12-31 | NT$2.62 Billion | +2.24% |
| 2012-12-31 | NT$2.56 Billion | -15.31% |
| 2011-12-31 | NT$3.03 Billion | +3.08% |
| 2010-12-31 | NT$2.94 Billion | +4.63% |
| 2009-12-31 | NT$2.81 Billion | -- |