HORNG SHIUE HOLDING Co Ltd
HORNG SHIUE HOLDING Co., Ltd. engages in the manufacture, processing, and trading of automotive sheet metal stamping dies and gauges in China and internationally. It also provides after sales technical consulting services. HORNG SHIUE HOLDING Co., Ltd. was founded in 2000 and is headquartered in Grand Cayman, Cayman Islands.
HORNG SHIUE HOLDING Co Ltd (2243) - Total Assets
Latest total assets as of September 2025: NT$3.23 Billion TWD
Based on the latest financial reports, HORNG SHIUE HOLDING Co Ltd (2243) holds total assets worth NT$3.23 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.
HORNG SHIUE HOLDING Co Ltd - Total Assets Trend (2014–2024)
This chart illustrates how HORNG SHIUE HOLDING Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HORNG SHIUE HOLDING Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
HORNG SHIUE HOLDING Co Ltd's total assets of NT$3.23 Billion consist of 79.6% current assets and 20.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 14.9% |
| Accounts Receivable | NT$689.08 Million | 21.4% |
| Inventory | NT$1.29 Billion | 40.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$5.78 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how HORNG SHIUE HOLDING 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: HORNG SHIUE HOLDING Co Ltd's current assets represent 79.6% of total assets in 2024, a decrease from 81.1% in 2014.
- Cash Position: Cash and equivalents constituted 14.9% of total assets in 2024, up from 3.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 40.2% of total assets.
HORNG SHIUE HOLDING Co Ltd Competitors by Total Assets
Key competitors of HORNG SHIUE HOLDING Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
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 |
HORNG SHIUE HOLDING 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 - HORNG SHIUE HOLDING Co Ltd generates 0.59x 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, HORNG SHIUE HOLDING Co Ltd generates $ 0.52 in net profit.
HORNG SHIUE HOLDING 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 | 1.09 | 1.10 | 0.91 |
| Quick Ratio | 0.44 | 0.48 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$221.29 Million | NT$ 252.77 Million | NT$ -248.02 Million |
HORNG SHIUE HOLDING Co Ltd - Advanced Valuation Insights
This section examines the relationship between HORNG SHIUE HOLDING 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 | 1.20 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | NT$3.22 Billion |
| Market Capitalization | $24.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values HORNG SHIUE HOLDING 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: HORNG SHIUE HOLDING Co Ltd's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HORNG SHIUE HOLDING Co Ltd (2014–2024)
The table below shows the annual total assets of HORNG SHIUE HOLDING Co Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.22 Billion | +0.50% |
| 2023-12-31 | NT$3.21 Billion | -4.85% |
| 2022-12-31 | NT$3.37 Billion | -17.63% |
| 2021-12-31 | NT$4.09 Billion | +4.82% |
| 2020-12-31 | NT$3.90 Billion | +18.08% |
| 2019-12-31 | NT$3.30 Billion | -16.53% |
| 2018-12-31 | NT$3.96 Billion | -0.87% |
| 2017-12-31 | NT$3.99 Billion | +5.90% |
| 2016-12-31 | NT$3.77 Billion | -7.47% |
| 2015-12-31 | NT$4.08 Billion | +9.57% |
| 2014-12-31 | NT$3.72 Billion | -- |