Shining Victory Motor Electronic Co., Ltd.
Shining Victory Motor Electronic Co., Ltd., together with its subsidiaries, engages in the manufacturing and selling automotive LED interior lighting products in China, the United States, and Mexico. It also provides interior ambient lighting, including instrument panels, door panels, cup holders, seats, and footlights; luminous welcome pedals; sky ceiling; door handle indicator and charging port… Read more
Shining Victory Motor Electronic Co., Ltd. (2248) - Total Assets
Latest total assets as of September 2025: NT$2.76 Billion TWD
Based on the latest financial reports, Shining Victory Motor Electronic Co., Ltd. (2248) holds total assets worth NT$2.76 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.
Shining Victory Motor Electronic Co., Ltd. - Total Assets Trend (2021–2024)
This chart illustrates how Shining Victory Motor Electronic Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shining Victory Motor Electronic Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Shining Victory Motor Electronic Co., Ltd.'s total assets of NT$2.76 Billion consist of 79.0% current assets and 21.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.6% |
| Accounts Receivable | NT$731.23 Million | 28.1% |
| Inventory | NT$301.89 Million | 11.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Shining Victory Motor Electronic 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: Shining Victory Motor Electronic Co., Ltd.'s current assets represent 79.0% of total assets in 2024, an increase from 65.8% in 2021.
- Cash Position: Cash and equivalents constituted 15.6% of total assets in 2024, up from 12.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 28.1% of total assets.
Shining Victory Motor Electronic Co., Ltd. Competitors by Total Assets
Key competitors of Shining Victory Motor Electronic 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 |
Shining Victory Motor Electronic 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
Strong asset utilization - Shining Victory Motor Electronic Co., Ltd. generates 0.80x 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, Shining Victory Motor Electronic Co., Ltd. generates $ 10.38 in net profit.
Shining Victory Motor Electronic 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 | 1.73 | 1.50 | 1.50 |
| Quick Ratio | 1.45 | 1.27 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$910.91 Million | NT$ 677.89 Million | NT$ 677.89 Million |
Shining Victory Motor Electronic Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Shining Victory Motor Electronic 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 | 1.56 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 20.0% |
| Total Assets | NT$2.60 Billion |
| Market Capitalization | $23.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shining Victory Motor Electronic Co., Ltd.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Shining Victory Motor Electronic Co., Ltd.'s assets grew by 20.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shining Victory Motor Electronic Co., Ltd. (2021–2024)
The table below shows the annual total assets of Shining Victory Motor Electronic Co., Ltd. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.60 Billion | +20.02% |
| 2023-12-31 | NT$2.16 Billion | +17.31% |
| 2022-12-31 | NT$1.85 Billion | +44.27% |
| 2021-12-31 | NT$1.28 Billion | -- |