TSRC Corp (2103) - Total Assets
Based on the latest financial reports, TSRC Corp (2103) holds total assets worth NT$41.34 Billion TWD (≈ $1.30 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. See 2103 total equity for net asset value and shareholders' equity analysis.
TSRC Corp - Total Assets Trend (2000–2024)
This chart illustrates how TSRC Corp's total assets have evolved over time, based on quarterly financial data.
TSRC Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
TSRC Corp's total assets of NT$41.34 Billion consist of 46.6% current assets and 53.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 14.7% |
| Accounts Receivable | NT$5.68 Billion | 13.1% |
| Inventory | NT$7.58 Billion | 17.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$663.09 Million | 1.5% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how TSRC Corp'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 TSRC Corp market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TSRC Corp's current assets represent 46.6% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 14.7% of total assets in 2024, up from 7.3% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 17.6% of total assets.
TSRC Corp Competitors by Total Assets
Key competitors of TSRC Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
|
Dyno Nobel Ltd
AU:DNL
|
Australia | AU$7.83 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
China | CN¥4.98 Billion |
|
Lianhe Chemical Technology Co Ltd
SHE:002250
|
China | CN¥13.79 Billion |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
China | CN¥73.96 Billion |
|
Jiangsu Yida Chemical Co Ltd Class A
SHE:300721
|
China | CN¥2.56 Billion |
|
Asia Cuanon Tech (Shanghai)
SHG:603378
|
China | CN¥5.38 Billion |
TSRC Corp - 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 | 1.88 | 1.78 | 1.26 |
| Quick Ratio | 1.16 | 1.12 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$8.53 Billion | NT$8.53 Billion | NT$2.54 Billion |
TSRC Corp - Advanced Valuation Insights
This section examines the relationship between TSRC Corp'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 | 0.70 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 13.8% |
| Total Assets | NT$43.22 Billion |
| Market Capitalization | $518.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values TSRC Corp's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TSRC Corp's assets grew by 13.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TSRC Corp (2000–2024)
The table below shows the annual total assets of TSRC Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$43.22 Billion ≈ $1.36 Billion |
+13.76% |
| 2023-12-31 | NT$37.99 Billion ≈ $1.20 Billion |
+3.87% |
| 2022-12-31 | NT$36.57 Billion ≈ $1.15 Billion |
+11.40% |
| 2021-12-31 | NT$32.83 Billion ≈ $1.03 Billion |
+12.17% |
| 2020-12-31 | NT$29.27 Billion ≈ $922.11 Million |
-9.98% |
| 2019-12-31 | NT$32.51 Billion ≈ $1.02 Billion |
+7.56% |
| 2018-12-31 | NT$30.23 Billion ≈ $952.42 Million |
+4.24% |
| 2017-12-31 | NT$29.00 Billion ≈ $913.64 Million |
-2.59% |
| 2016-12-31 | NT$29.77 Billion ≈ $937.92 Million |
-0.75% |
| 2015-12-31 | NT$29.99 Billion ≈ $944.98 Million |
-9.54% |
| 2014-12-31 | NT$33.16 Billion ≈ $1.04 Billion |
-0.65% |
| 2013-12-31 | NT$33.37 Billion ≈ $1.05 Billion |
-6.15% |
| 2012-12-31 | NT$35.56 Billion ≈ $1.12 Billion |
-7.74% |
| 2011-12-31 | NT$38.54 Billion ≈ $1.21 Billion |
+53.66% |
| 2010-12-31 | NT$25.08 Billion ≈ $790.23 Million |
+11.58% |
| 2009-12-31 | NT$22.48 Billion ≈ $708.23 Million |
-0.78% |
| 2008-12-31 | NT$22.66 Billion ≈ $713.83 Million |
+9.18% |
| 2007-12-31 | NT$20.75 Billion ≈ $653.78 Million |
+22.62% |
| 2006-12-31 | NT$16.92 Billion ≈ $533.20 Million |
+13.44% |
| 2005-12-31 | NT$14.92 Billion ≈ $470.03 Million |
+2.77% |
| 2004-12-31 | NT$14.52 Billion ≈ $457.37 Million |
+7.62% |
| 2003-12-31 | NT$13.49 Billion ≈ $425.00 Million |
+3.47% |
| 2002-12-31 | NT$13.04 Billion ≈ $410.75 Million |
+1.28% |
| 2001-12-31 | NT$12.87 Billion ≈ $405.57 Million |
-5.87% |
| 2000-12-31 | NT$13.68 Billion ≈ $430.88 Million |
-- |
About TSRC Corp
TSRC Corporation, together with its subsidiaries, engages in the manufacture, import, transport, and sale of various synthetic rubber and related products in Taiwan, Asia, the United States, Europe, and internationally. It operates through two segments: Synthetic Rubber and Non-Synthetic Rubber. The company offers ESBR rubber for use in utomotive tires, shoe soles, conveyor belts, tow trucks trac… Read more