Formosan Rubber Group Inc
Formosan Rubber Group Inc., together with its subsidiaries, manufactures and sells rubber and plastic sheets, plastic foam, resin sheets, and related materials. The company offers manufacturing and selling products including plastic raincoat material, clip fabric, air beds, polyvinyl chloride rubber, automotive parts, rubber boat material, rubber tape, rubber foam bag fabric, rubber air beds, rub… Read more
Formosan Rubber Group Inc (2107) - Total Assets
Latest total assets as of September 2025: NT$15.01 Billion TWD
Based on the latest financial reports, Formosan Rubber Group Inc (2107) holds total assets worth NT$15.01 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.
Formosan Rubber Group Inc - Total Assets Trend (2002–2024)
This chart illustrates how Formosan Rubber Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Formosan Rubber Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Formosan Rubber Group Inc's total assets of NT$15.01 Billion consist of 67.0% current assets and 33.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.7% |
| Accounts Receivable | NT$181.72 Million | 1.2% |
| Inventory | NT$2.76 Billion | 18.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$181.72 Million | 1.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Formosan Rubber Group 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: Formosan Rubber Group Inc's current assets represent 67.0% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, up from 3.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 18.2% of total assets.
Formosan Rubber Group Inc Competitors by Total Assets
Key competitors of Formosan Rubber Group 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 |
Formosan Rubber Group 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 - Formosan Rubber Group Inc generates 0.10x 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, Formosan Rubber Group Inc generates $ 3.79 in net profit.
Formosan Rubber Group 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 | 6.49 | 6.17 | 9.71 |
| Quick Ratio | 4.70 | 4.51 | 5.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$8.39 Billion | NT$ 8.69 Billion | NT$ 7.13 Billion |
Formosan Rubber Group Inc - Advanced Valuation Insights
This section examines the relationship between Formosan Rubber Group 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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | NT$15.13 Billion |
| Market Capitalization | $138.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formosan Rubber Group Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Formosan Rubber Group Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Formosan Rubber Group Inc (2002–2024)
The table below shows the annual total assets of Formosan Rubber Group Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$15.13 Billion | +5.90% |
| 2023-12-31 | NT$14.28 Billion | +3.82% |
| 2022-12-31 | NT$13.76 Billion | +4.91% |
| 2021-12-31 | NT$13.12 Billion | +7.00% |
| 2020-12-31 | NT$12.26 Billion | -5.57% |
| 2019-12-31 | NT$12.98 Billion | -8.10% |
| 2018-12-31 | NT$14.12 Billion | -5.03% |
| 2017-12-31 | NT$14.87 Billion | +3.34% |
| 2016-12-31 | NT$14.39 Billion | -4.87% |
| 2015-12-31 | NT$15.13 Billion | +7.06% |
| 2014-12-31 | NT$14.13 Billion | +10.22% |
| 2013-12-31 | NT$12.82 Billion | +6.82% |
| 2012-12-31 | NT$12.00 Billion | +13.26% |
| 2011-12-31 | NT$10.60 Billion | -37.03% |
| 2010-12-31 | NT$16.83 Billion | +25.21% |
| 2009-12-31 | NT$13.44 Billion | +35.02% |
| 2008-12-31 | NT$9.96 Billion | +4.89% |
| 2007-12-31 | NT$9.49 Billion | +9.09% |
| 2006-12-31 | NT$8.70 Billion | +3.73% |
| 2005-12-31 | NT$8.39 Billion | -4.81% |
| 2004-12-31 | NT$8.81 Billion | +8.19% |
| 2003-12-31 | NT$8.14 Billion | +2.83% |
| 2002-12-31 | NT$7.92 Billion | -- |