Headway (1776) - Total Assets
Based on the latest financial reports, Headway (1776) holds total assets worth NT$1.48 Billion TWD (≈ $46.48 Million USD) as of March 2026. 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. Check Headway cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Headway - Total Assets Trend (2009–2025)
This chart illustrates how Headway's total assets have evolved over time, based on quarterly financial data. Explore Headway (1776) long-term investment share to see how much of total assets are deployed in long-term investments.
Headway - Asset Composition Analysis
Current Asset Composition (December 2025)
Headway's total assets of NT$1.48 Billion consist of 70.7% current assets and 29.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 31.8% |
| Accounts Receivable | NT$232.93 Million | 15.9% |
| Inventory | NT$203.29 Million | 13.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$6.36 Million | 0.4% |
| Goodwill | NT$1.71 Million | 0.1% |
Asset Composition Trend (2009–2025)
This chart illustrates how Headway'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. For live market cap, price, and company overview, see market cap of Headway.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Headway's current assets represent 70.7% of total assets in 2025, a decrease from 72.5% in 2009.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2025, up from 18.9% 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 accounts receivable at 15.9% of total assets.
Headway Competitors by Total Assets
Key competitors of Headway based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BASF SE
F:BASA
|
Germany | €76.17 Billion |
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
|
China | CN¥18.10 Billion |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
China | CN¥3.34 Billion |
|
Shanghai Huayi Group Corp Ltd A
SHG:600623
|
China | CN¥71.75 Billion |
|
Anhui Hwasu Co.Ltd.
SHG:600935
|
China | CN¥9.87 Billion |
|
Huafon Microfibre Shanghai Co
SHE:300180
|
China | CN¥6.24 Billion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.73 Billion |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399
|
China | CN¥3.28 Billion |
Headway - 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 | 3.18 | 3.66 | 2.90 |
| Quick Ratio | 2.50 | 2.82 | 2.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$727.05 Million | NT$873.23 Million | NT$988.65 Million |
Headway - Advanced Valuation Insights
This section examines the relationship between Headway'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 | 1.28 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -12.8% |
| Total Assets | NT$1.47 Billion |
| Market Capitalization | $34.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Headway's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Headway's assets decreased by 12.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Headway (2009–2025)
The table below shows the annual total assets of Headway from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.47 Billion ≈ $46.20 Million |
-12.85% |
| 2024-12-31 | NT$1.68 Billion ≈ $53.01 Million |
+0.19% |
| 2023-12-31 | NT$1.68 Billion ≈ $52.90 Million |
-6.39% |
| 2022-12-31 | NT$1.79 Billion ≈ $56.51 Million |
-2.11% |
| 2021-12-31 | NT$1.83 Billion ≈ $57.73 Million |
-3.19% |
| 2020-12-31 | NT$1.89 Billion ≈ $59.64 Million |
+0.66% |
| 2019-12-31 | NT$1.88 Billion ≈ $59.25 Million |
-4.49% |
| 2018-12-31 | NT$1.97 Billion ≈ $62.03 Million |
-8.78% |
| 2017-12-31 | NT$2.16 Billion ≈ $68.00 Million |
+2.51% |
| 2016-12-31 | NT$2.11 Billion ≈ $66.34 Million |
-0.84% |
| 2015-12-31 | NT$2.12 Billion ≈ $66.90 Million |
-3.21% |
| 2014-12-31 | NT$2.19 Billion ≈ $69.12 Million |
+6.73% |
| 2013-12-31 | NT$2.06 Billion ≈ $64.76 Million |
+0.24% |
| 2012-12-31 | NT$2.05 Billion ≈ $64.61 Million |
+8.98% |
| 2011-12-31 | NT$1.88 Billion ≈ $59.29 Million |
+2.18% |
| 2010-12-31 | NT$1.84 Billion ≈ $58.02 Million |
+10.72% |
| 2009-12-31 | NT$1.66 Billion ≈ $52.41 Million |
-- |
About Headway
Headway Advanced Materials Inc. manufactures and sells polyurethane resin and thermoplastic polyurethane pellet products in the Asia-Pacific region. The company provides products, such as solvent and water borne polyurethane, PU solventless, polyisocynate, polyol, and thermoplastic polyurethane, as well as polyaspartate resin, and hardener for polyaspartate resin. Its products are used in various… Read more