Headway (1776) - Total Assets
Based on the latest financial reports, Headway (1776) holds total assets worth NT$1.53 Billion TWD (≈ $48.29 Million 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. See 1776 total equity for net asset value and shareholders' equity analysis.
Headway - Total Assets Trend (2009–2024)
This chart illustrates how Headway's total assets have evolved over time, based on quarterly financial data.
Headway - Asset Composition Analysis
Current Asset Composition (December 2024)
Headway's total assets of NT$1.53 Billion consist of 73.7% current assets and 26.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 27.9% |
| Accounts Receivable | NT$333.52 Million | 19.8% |
| Inventory | NT$275.83 Million | 16.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.17 Million | 0.1% |
| Goodwill | NT$1.70 Million | 0.1% |
Asset Composition Trend (2009–2024)
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 73.7% of total assets in 2024, an increase from 72.5% in 2009.
- Cash Position: Cash and equivalents constituted 27.9% of total assets in 2024, 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 19.8% of total assets.
Headway Competitors by Total Assets
Key competitors of Headway based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
China | CN¥2.18 Billion |
|
Shenzhen Dynanonic Co Ltd
SHE:300769
|
China | CN¥16.91 Billion |
|
Keshun Waterproof Technologies Co Ltd Class A
SHE:300737
|
China | CN¥15.00 Billion |
|
Quechen Silicon Chemical Co. Ltd.
SHG:605183
|
China | CN¥4.11 Billion |
|
Soulbrain Holdings Co. Ltd
KQ:036830
|
Korea | ₩2.28 Trillion |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
China | CN¥3.41 Billion |
|
Shandong Jincheng Pharmaceutical and Chemical Co Ltd
SHE:300233
|
China | CN¥5.14 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 | 3.05 | 3.61 | 2.62 |
| Quick Ratio | 2.43 | 2.75 | 2.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$724.81 Million | NT$893.49 Million | NT$874.14 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 | 1.10 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | NT$1.68 Billion |
| Market Capitalization | $31.25 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.
Positive Asset Growth: Headway's assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Headway (2009–2024)
The table below shows the annual total assets of Headway from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 |
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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