HORNG SHIUE HOLDING Co Ltd (2243) - Total Assets
Based on the latest financial reports, HORNG SHIUE HOLDING Co Ltd (2243) holds total assets worth NT$3.23 Billion TWD (≈ $101.75 Million USD) 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. See net assets of HORNG SHIUE HOLDING Co Ltd for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market value of HORNG SHIUE HOLDING Co Ltd.
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 |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
|
China | CN¥13.61 Billion |
|
Aerospace Auto
SHG:600151
|
China | CN¥7.14 Billion |
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
China | CN¥22.22 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
Sichuan Chengfei Integration Technology Corp Ltd
SHE:002190
|
China | CN¥6.47 Billion |
|
Guilin Fuda Co Ltd
SHG:603166
|
China | CN¥4.66 Billion |
|
Jiangsu Pacific Precision
SHE:300258
|
China | CN¥7.41 Billion |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
China | CN¥2.95 Billion |
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 | 0.02 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | NT$3.22 Billion |
| Market Capitalization | $59.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values HORNG SHIUE HOLDING Co Ltd's assets below their book value (0.02x), 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 ≈ $101.50 Million |
+0.50% |
| 2023-12-31 | NT$3.21 Billion ≈ $101.00 Million |
-4.85% |
| 2022-12-31 | NT$3.37 Billion ≈ $106.14 Million |
-17.63% |
| 2021-12-31 | NT$4.09 Billion ≈ $128.86 Million |
+4.82% |
| 2020-12-31 | NT$3.90 Billion ≈ $122.94 Million |
+18.08% |
| 2019-12-31 | NT$3.30 Billion ≈ $104.11 Million |
-16.53% |
| 2018-12-31 | NT$3.96 Billion ≈ $124.73 Million |
-0.87% |
| 2017-12-31 | NT$3.99 Billion ≈ $125.83 Million |
+5.90% |
| 2016-12-31 | NT$3.77 Billion ≈ $118.82 Million |
-7.47% |
| 2015-12-31 | NT$4.08 Billion ≈ $128.41 Million |
+9.57% |
| 2014-12-31 | NT$3.72 Billion ≈ $117.20 Million |
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About 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.