Cub Elecparts Inc
Cub Elecparts Inc. manufactures and supplies automobile electrical and electronic parts in Taiwan, China, the United States, Germany, and internationally. It offers advanced driver assistance systems; aftermarket service parts, including sensors and other parts; switches, such as ignition, turn signal, power window, and head light switch; OEM products; and tire pressure monitoring sensors. The co… Read more
Cub Elecparts Inc (2231) - Total Assets
Latest total assets as of September 2025: NT$11.12 Billion TWD
Based on the latest financial reports, Cub Elecparts Inc (2231) holds total assets worth NT$11.12 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.
Cub Elecparts Inc - Total Assets Trend (2005–2024)
This chart illustrates how Cub Elecparts Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cub Elecparts Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Cub Elecparts Inc's total assets of NT$11.12 Billion consist of 60.9% current assets and 39.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.1% |
| Accounts Receivable | NT$3.02 Billion | 25.6% |
| Inventory | NT$1.18 Billion | 10.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$255.39 Million | 2.2% |
| Goodwill | NT$460.94 Million | 3.9% |
Asset Composition Trend (2005–2024)
This chart illustrates how Cub Elecparts 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: Cub Elecparts Inc's current assets represent 60.9% of total assets in 2024, an increase from 35.0% in 2005.
- Cash Position: Cash and equivalents constituted 19.1% of total assets in 2024, up from 0.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 25.6% of total assets.
Cub Elecparts Inc Competitors by Total Assets
Key competitors of Cub Elecparts Inc 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 |
Cub Elecparts 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 - Cub Elecparts Inc generates 0.40x 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, Cub Elecparts Inc generates $ 4.02 in net profit.
Cub Elecparts 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 | 1.33 | 1.78 | 1.72 |
| Quick Ratio | 0.99 | 1.46 | 1.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.53 Billion | NT$ 2.93 Billion | NT$ 1.96 Billion |
Cub Elecparts Inc - Advanced Valuation Insights
This section examines the relationship between Cub Elecparts 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 | 3.21 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.2% |
| Total Assets | NT$11.82 Billion |
| Market Capitalization | $161.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cub Elecparts Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cub Elecparts Inc's assets grew by 15.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cub Elecparts Inc (2005–2024)
The table below shows the annual total assets of Cub Elecparts Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.82 Billion | +15.23% |
| 2023-12-31 | NT$10.25 Billion | +5.46% |
| 2022-12-31 | NT$9.72 Billion | +1.64% |
| 2021-12-31 | NT$9.57 Billion | +27.08% |
| 2020-12-31 | NT$7.53 Billion | +4.62% |
| 2019-12-31 | NT$7.20 Billion | +7.07% |
| 2018-12-31 | NT$6.72 Billion | +2.87% |
| 2017-12-31 | NT$6.53 Billion | +1.55% |
| 2016-12-31 | NT$6.43 Billion | +92.47% |
| 2015-12-31 | NT$3.34 Billion | +36.23% |
| 2014-12-31 | NT$2.45 Billion | +22.71% |
| 2013-12-31 | NT$2.00 Billion | +32.05% |
| 2012-12-31 | NT$1.51 Billion | +2.64% |
| 2011-12-31 | NT$1.48 Billion | +2.48% |
| 2010-12-31 | NT$1.44 Billion | +5.63% |
| 2009-12-31 | NT$1.36 Billion | +9.29% |
| 2008-12-31 | NT$1.25 Billion | +7.17% |
| 2007-12-31 | NT$1.16 Billion | +20.91% |
| 2006-12-31 | NT$962.32 Million | +24.31% |
| 2005-12-31 | NT$774.10 Million | -- |