Hwa Fong Rubber Ind Co Ltd
Hwa Fong Rubber Industrial Co., Ltd., together with its subsidiaries, manufacture, process, sells, imports, and exports rubber and plastic products in Taiwan, China, the United States, Thailand, and internationally. The company offers tires and tubes for bicycles, trucks, and buses; motorcycles, scooters, and mopeds; all-terrain vehicles; passenger cars, sport utility vehicles, pick-ups, light tr… Read more
Hwa Fong Rubber Ind Co Ltd (2109) - Total Assets
Latest total assets as of September 2025: NT$7.79 Billion TWD
Based on the latest financial reports, Hwa Fong Rubber Ind Co Ltd (2109) holds total assets worth NT$7.79 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.
Hwa Fong Rubber Ind Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Hwa Fong Rubber Ind Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hwa Fong Rubber Ind Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hwa Fong Rubber Ind Co Ltd's total assets of NT$7.79 Billion consist of 57.7% current assets and 42.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 32.3% |
| Accounts Receivable | NT$846.38 Million | 10.2% |
| Inventory | NT$1.07 Billion | 12.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.48 Million | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Hwa Fong Rubber Ind Co Ltd'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: Hwa Fong Rubber Ind Co Ltd's current assets represent 57.7% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 32.3% of total assets in 2024, up from 5.5% 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 12.9% of total assets.
Hwa Fong Rubber Ind Co Ltd Competitors by Total Assets
Key competitors of Hwa Fong Rubber Ind Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
Hankook Tire Worldwide
KO:000240
|
Korea | ₩5.04 Trillion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678
|
China | CN¥2.29 Billion |
Hwa Fong Rubber Ind Co Ltd - 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
Moderate asset utilization - Hwa Fong Rubber Ind Co Ltd generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Hwa Fong Rubber Ind Co Ltd generates $5.44 in net profit.
Hwa Fong Rubber Ind Co Ltd - 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 | 2.80 | 2.77 | 1.84 |
| Quick Ratio | 2.17 | 2.13 | 1.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$2.84 Billion | NT$ 3.05 Billion | NT$ 1.63 Billion |
Hwa Fong Rubber Ind Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hwa Fong Rubber Ind Co Ltd'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 | 1.27 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | NT$8.27 Billion |
| Market Capitalization | $75.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hwa Fong Rubber Ind Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hwa Fong Rubber Ind Co Ltd's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hwa Fong Rubber Ind Co Ltd (2002–2024)
The table below shows the annual total assets of Hwa Fong Rubber Ind Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.27 Billion | +4.05% |
| 2023-12-31 | NT$7.94 Billion | -1.53% |
| 2022-12-31 | NT$8.07 Billion | -3.09% |
| 2021-12-31 | NT$8.32 Billion | +3.41% |
| 2020-12-31 | NT$8.05 Billion | +8.67% |
| 2019-12-31 | NT$7.41 Billion | +4.03% |
| 2018-12-31 | NT$7.12 Billion | -2.67% |
| 2017-12-31 | NT$7.32 Billion | -11.08% |
| 2016-12-31 | NT$8.23 Billion | -2.80% |
| 2015-12-31 | NT$8.46 Billion | -7.34% |
| 2014-12-31 | NT$9.13 Billion | +3.35% |
| 2013-12-31 | NT$8.84 Billion | +12.77% |
| 2012-12-31 | NT$7.84 Billion | -6.60% |
| 2011-12-31 | NT$8.39 Billion | -9.28% |
| 2010-12-31 | NT$9.25 Billion | -2.74% |
| 2009-12-31 | NT$9.51 Billion | -4.36% |
| 2008-12-31 | NT$9.94 Billion | -0.84% |
| 2007-12-31 | NT$10.03 Billion | +6.90% |
| 2006-12-31 | NT$9.38 Billion | +0.16% |
| 2005-12-31 | NT$9.37 Billion | +12.61% |
| 2004-12-31 | NT$8.32 Billion | +9.65% |
| 2003-12-31 | NT$7.59 Billion | +21.14% |
| 2002-12-31 | NT$6.26 Billion | -- |