Jung Shing Wire Co Ltd
Jung Shing Wire Co., Ltd. engages in the manufacture and sale of magnet wires in Taiwan, Mainland China, Japan, the Philippines, and internationally. The company offers general magnet wires for motors, transformers, generators, telecommunication, automobile, auto-controlling equipment, home appliance, electronic apparatus, aerospace industry, etc.; heat-resistant magnet wires heat-resistant coils… Read more
Jung Shing Wire Co Ltd (1617) - Total Assets
Latest total assets as of September 2025: NT$3.39 Billion TWD
Based on the latest financial reports, Jung Shing Wire Co Ltd (1617) holds total assets worth NT$3.39 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.
Jung Shing Wire Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Jung Shing Wire Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jung Shing Wire Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Jung Shing Wire Co Ltd's total assets of NT$3.39 Billion consist of 67.7% current assets and 32.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 13.4% |
| Accounts Receivable | NT$842.69 Million | 22.6% |
| Inventory | NT$344.61 Million | 9.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.44 Million | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Jung Shing Wire 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: Jung Shing Wire Co Ltd's current assets represent 67.7% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2024, up from 6.6% 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 accounts receivable at 22.6% of total assets.
Jung Shing Wire Co Ltd Competitors by Total Assets
Key competitors of Jung Shing Wire Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 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 Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 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 |
Jung Shing Wire 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 - Jung Shing Wire Co Ltd generates 0.91x 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, Jung Shing Wire Co Ltd generates $ 2.40 in net profit.
Jung Shing Wire 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 | 1.83 | 1.88 | 1.96 |
| Quick Ratio | 1.54 | 1.59 | 1.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.03 Billion | NT$ 1.16 Billion | NT$ 964.94 Million |
Jung Shing Wire Co Ltd - Advanced Valuation Insights
This section examines the relationship between Jung Shing Wire 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 | 1.12 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.4% |
| Total Assets | NT$3.73 Billion |
| Market Capitalization | $34.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jung Shing Wire 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: Jung Shing Wire Co Ltd's assets grew by 15.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Jung Shing Wire Co Ltd (2002–2024)
The table below shows the annual total assets of Jung Shing Wire Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.73 Billion | +15.40% |
| 2023-12-31 | NT$3.24 Billion | -1.89% |
| 2022-12-31 | NT$3.30 Billion | -8.78% |
| 2021-12-31 | NT$3.62 Billion | +18.87% |
| 2020-12-31 | NT$3.04 Billion | +11.86% |
| 2019-12-31 | NT$2.72 Billion | -12.95% |
| 2018-12-31 | NT$3.12 Billion | -9.50% |
| 2017-12-31 | NT$3.45 Billion | +12.94% |
| 2016-12-31 | NT$3.06 Billion | -2.38% |
| 2015-12-31 | NT$3.13 Billion | -4.08% |
| 2014-12-31 | NT$3.26 Billion | -0.04% |
| 2013-12-31 | NT$3.26 Billion | -4.76% |
| 2012-12-31 | NT$3.43 Billion | -6.97% |
| 2011-12-31 | NT$3.68 Billion | -1.39% |
| 2010-12-31 | NT$3.74 Billion | +19.88% |
| 2009-12-31 | NT$3.12 Billion | -5.60% |
| 2008-12-31 | NT$3.30 Billion | -21.69% |
| 2007-12-31 | NT$4.22 Billion | -5.46% |
| 2006-12-31 | NT$4.46 Billion | +14.87% |
| 2005-12-31 | NT$3.88 Billion | +16.19% |
| 2004-12-31 | NT$3.34 Billion | +9.78% |
| 2003-12-31 | NT$3.04 Billion | +4.74% |
| 2002-12-31 | NT$2.91 Billion | -- |