Cathay Chemical Works Inc
Cathay Chemical Works Inc. manufactures and sells specialty and fine chemicals under the CATHAY brand in Taiwan. It offers sodium formaldehyde sulfoxylate, sodium metabisulfite, zinc oxide, calcined zinc oxide, sodium hydrosulfite, zinc dust, and sodium hydroxymethanesulfinate, as well as galvanized metal and steel sheets. The company also exports its products to Asia, Europe, America, New Zealan… Read more
Cathay Chemical Works Inc (1713) - Total Assets
Latest total assets as of September 2025: NT$3.77 Billion TWD
Based on the latest financial reports, Cathay Chemical Works Inc (1713) holds total assets worth NT$3.77 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.
Cathay Chemical Works Inc - Total Assets Trend (2002–2024)
This chart illustrates how Cathay Chemical Works Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cathay Chemical Works Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Cathay Chemical Works Inc's total assets of NT$3.77 Billion consist of 37.0% current assets and 63.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.1% |
| Accounts Receivable | NT$115.47 Million | 2.5% |
| Inventory | NT$206.79 Million | 4.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Cathay Chemical Works Inc'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: Cathay Chemical Works Inc's current assets represent 37.0% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 24.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 4.5% of total assets.
Cathay Chemical Works Inc Competitors by Total Assets
Key competitors of Cathay Chemical Works Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Cathay Chemical Works Inc - 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
Lower asset utilization - Cathay Chemical Works Inc generates 0.12x 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, Cathay Chemical Works Inc generates $ 34.05 in net profit.
Cathay Chemical Works Inc - 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 | 8.44 | 11.38 | 27.03 |
| Quick Ratio | 5.56 | 8.03 | 21.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$571.34 Million | NT$ 761.55 Million | NT$ 779.41 Million |
Cathay Chemical Works Inc - Advanced Valuation Insights
This section examines the relationship between Cathay Chemical Works Inc'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 | 1.99 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 51.5% |
| Total Assets | NT$4.57 Billion |
| Market Capitalization | $89.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cathay Chemical Works Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cathay Chemical Works Inc's assets grew by 51.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cathay Chemical Works Inc (2002–2024)
The table below shows the annual total assets of Cathay Chemical Works Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.57 Billion | +51.52% |
| 2023-12-31 | NT$3.02 Billion | +9.65% |
| 2022-12-31 | NT$2.75 Billion | +6.50% |
| 2021-12-31 | NT$2.58 Billion | +3.95% |
| 2020-12-31 | NT$2.48 Billion | +1.16% |
| 2019-12-31 | NT$2.46 Billion | -0.75% |
| 2018-12-31 | NT$2.47 Billion | +1.81% |
| 2017-12-31 | NT$2.43 Billion | -1.16% |
| 2016-12-31 | NT$2.46 Billion | +1.87% |
| 2015-12-31 | NT$2.41 Billion | -0.89% |
| 2014-12-31 | NT$2.44 Billion | +1.42% |
| 2013-12-31 | NT$2.40 Billion | -0.19% |
| 2012-12-31 | NT$2.41 Billion | +1.02% |
| 2011-12-31 | NT$2.38 Billion | +0.17% |
| 2010-12-31 | NT$2.38 Billion | +2.51% |
| 2009-12-31 | NT$2.32 Billion | +0.61% |
| 2008-12-31 | NT$2.31 Billion | -2.39% |
| 2007-12-31 | NT$2.36 Billion | -7.31% |
| 2006-12-31 | NT$2.55 Billion | -1.81% |
| 2005-12-31 | NT$2.59 Billion | +10.36% |
| 2004-12-31 | NT$2.35 Billion | +4.93% |
| 2003-12-31 | NT$2.24 Billion | -3.51% |
| 2002-12-31 | NT$2.32 Billion | -- |