Airtac International Group (1590) - Total Assets
Based on the latest financial reports, Airtac International Group (1590) holds total assets worth NT$59.24 Billion TWD (≈ $1.87 Billion 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.
Airtac International Group - Total Assets Trend (2007–2024)
This chart illustrates how Airtac International Group's total assets have evolved over time, based on quarterly financial data. Also see Airtac International Group (1590) market capitalisation for the company's overall valuation and market capitalisation.
Airtac International Group - Asset Composition Analysis
Current Asset Composition (December 2024)
Airtac International Group's total assets of NT$59.24 Billion consist of 44.2% current assets and 55.8% non-current assets. Review Airtac International Group balance sheet liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.7% |
| Accounts Receivable | NT$6.92 Billion | 12.0% |
| Inventory | NT$6.80 Billion | 11.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$30.54 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Airtac International Group'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. See 1590 stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Airtac International Group's current assets represent 44.2% of total assets in 2024, an increase from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 11.7% of total assets in 2024, up from 5.3% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 12.0% of total assets.
Airtac International Group Competitors by Total Assets
Key competitors of Airtac International Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cummins Inc
NYSE:CMI
|
USA | $34.45 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Wuxi Lead Auto Equipment Co Ltd
SHE:300450
|
China | CN¥49.83 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
China Railway Construction Heavy Industry Corp Ltd
SHG:688425
|
China | CN¥27.33 Billion |
|
North Navigation Control Technology Co Ltd
SHG:600435
|
China | CN¥7.62 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥8.99 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥2.87 Billion |
Airtac International Group - 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 | 2.54 | 2.33 | 1.13 |
| Quick Ratio | 2.03 | 1.70 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$17.07 Billion | NT$14.59 Billion | NT$1.91 Billion |
Airtac International Group - Advanced Valuation Insights
This section examines the relationship between Airtac International Group'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 | 3.73 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | NT$57.56 Billion |
| Market Capitalization | $7.81 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Airtac International Group's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Airtac International Group's assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Airtac International Group (2007–2024)
The table below shows the annual total assets of Airtac International Group from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$57.56 Billion ≈ $1.81 Billion |
-0.84% |
| 2023-12-31 | NT$58.05 Billion ≈ $1.83 Billion |
+6.32% |
| 2022-12-31 | NT$54.60 Billion ≈ $1.72 Billion |
+14.52% |
| 2021-12-31 | NT$47.68 Billion ≈ $1.50 Billion |
+15.08% |
| 2020-12-31 | NT$41.43 Billion ≈ $1.31 Billion |
+3.69% |
| 2019-12-31 | NT$39.96 Billion ≈ $1.26 Billion |
+14.01% |
| 2018-12-31 | NT$35.04 Billion ≈ $1.10 Billion |
+21.24% |
| 2017-12-31 | NT$28.91 Billion ≈ $910.68 Million |
+25.88% |
| 2016-12-31 | NT$22.96 Billion ≈ $723.46 Million |
+7.02% |
| 2015-12-31 | NT$21.46 Billion ≈ $675.98 Million |
+13.30% |
| 2014-12-31 | NT$18.94 Billion ≈ $596.60 Million |
+30.45% |
| 2013-12-31 | NT$14.52 Billion ≈ $457.35 Million |
+43.00% |
| 2012-12-31 | NT$10.15 Billion ≈ $319.84 Million |
+18.57% |
| 2011-12-31 | NT$8.56 Billion ≈ $269.73 Million |
+27.59% |
| 2010-12-31 | NT$6.71 Billion ≈ $211.40 Million |
+53.21% |
| 2009-12-31 | NT$4.38 Billion ≈ $137.98 Million |
+6.70% |
| 2008-12-31 | NT$4.10 Billion ≈ $129.32 Million |
+10.11% |
| 2007-12-31 | NT$3.73 Billion ≈ $117.45 Million |
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About Airtac International Group
Airtac International Group manufactures and sells pneumatic control components in Taiwan and internationally. The company offers preparation units and control components comprising solenoid, pneumatic control, ordinary, and other valves. It also provides actuators, such as standard, round line, compact, side table, guided, rodless magnetic, and rotary table cylinders; air grippers; GA series, GP … Read more