Hsin Yung Chien Co Ltd
Hsin Yung Chien Co., Ltd. manufactures and sells rubber conveyor belts in Taiwan and internationally. The company's product portfolio includes transmission belts; rubber sheets; inflatable rubber dam products; straight warp, chevron, and kevlar conveyor belts; specialty conveyor belts, including heat, oil, flame, abrasion, cold, and chemical resistant conveyor belts; light duty conveyor belts, su… Read more
Hsin Yung Chien Co Ltd (2114) - Total Assets
Latest total assets as of September 2025: NT$3.64 Billion TWD
Based on the latest financial reports, Hsin Yung Chien Co Ltd (2114) holds total assets worth NT$3.64 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.
Hsin Yung Chien Co Ltd - Total Assets Trend (2004–2024)
This chart illustrates how Hsin Yung Chien Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hsin Yung Chien Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hsin Yung Chien Co Ltd's total assets of NT$3.64 Billion consist of 59.2% current assets and 40.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.2% |
| Accounts Receivable | NT$225.67 Million | 6.1% |
| Inventory | NT$180.02 Million | 4.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$939.00K | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Hsin Yung Chien 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: Hsin Yung Chien Co Ltd's current assets represent 59.2% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, up from 11.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 6.1% of total assets.
Hsin Yung Chien Co Ltd Competitors by Total Assets
Key competitors of Hsin Yung Chien Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 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 |
Hsin Yung Chien 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
Lower asset utilization - Hsin Yung Chien Co Ltd generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Hsin Yung Chien Co Ltd generates $ 10.69 in net profit.
Hsin Yung Chien 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 | 6.28 | 7.28 | 4.76 |
| Quick Ratio | 5.51 | 6.67 | 3.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.83 Billion | NT$ 1.79 Billion | NT$ 1.34 Billion |
Hsin Yung Chien Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hsin Yung Chien 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 | 2.29 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | NT$3.73 Billion |
| Market Capitalization | $60.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hsin Yung Chien Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hsin Yung Chien Co Ltd's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hsin Yung Chien Co Ltd (2004–2024)
The table below shows the annual total assets of Hsin Yung Chien Co Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.73 Billion | -2.06% |
| 2023-12-31 | NT$3.80 Billion | +6.62% |
| 2022-12-31 | NT$3.57 Billion | -3.30% |
| 2021-12-31 | NT$3.69 Billion | +26.55% |
| 2020-12-31 | NT$2.92 Billion | +6.17% |
| 2019-12-31 | NT$2.75 Billion | +4.22% |
| 2018-12-31 | NT$2.64 Billion | -4.62% |
| 2017-12-31 | NT$2.76 Billion | +4.58% |
| 2016-12-31 | NT$2.64 Billion | +3.36% |
| 2015-12-31 | NT$2.56 Billion | -4.05% |
| 2014-12-31 | NT$2.66 Billion | +6.91% |
| 2013-12-31 | NT$2.49 Billion | +2.87% |
| 2012-12-31 | NT$2.42 Billion | +12.27% |
| 2011-12-31 | NT$2.16 Billion | +7.86% |
| 2010-12-31 | NT$2.00 Billion | +2.61% |
| 2009-12-31 | NT$1.95 Billion | -5.11% |
| 2008-12-31 | NT$2.05 Billion | +8.61% |
| 2007-12-31 | NT$1.89 Billion | +24.05% |
| 2006-12-31 | NT$1.52 Billion | +39.58% |
| 2005-12-31 | NT$1.09 Billion | +20.68% |
| 2004-12-31 | NT$905.17 Million | -- |