Ting Sin Co Ltd
Ting Sin Co., Ltd. manufactures, sells, and tests aluminum alloy products worldwide. It operates through two segments, Aluminum Alloy Business and Leather Goods Business. The company offers aluminum ingots, aluminum alloy billets, aluminum alloy continuous casting and rolling coils, aluminum shots (deoxidizer), and magnesium bone nails; aluminum wire rods; and aluminum/magnesium alloys. It also e… Read more
Ting Sin Co Ltd (2358) - Total Assets
Latest total assets as of September 2023: NT$3.65 Billion TWD
Based on the latest financial reports, Ting Sin Co Ltd (2358) holds total assets worth NT$3.65 Billion TWD as of September 2023.
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.
Ting Sin Co Ltd - Total Assets Trend (2002–2022)
This chart illustrates how Ting Sin Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ting Sin Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2022)
Ting Sin Co Ltd's total assets of NT$3.65 Billion consist of 72.9% current assets and 27.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.5% |
| Accounts Receivable | NT$848.93 Million | 21.4% |
| Inventory | NT$1.65 Billion | 41.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$6.97 Million | 0.2% |
| Goodwill | NT$5.52 Million | 0.1% |
Asset Composition Trend (2002–2022)
This chart illustrates how Ting Sin 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: Ting Sin Co Ltd's current assets represent 72.9% of total assets in 2022, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2022, down from 11.6% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 8.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 41.6% of total assets.
Ting Sin Co Ltd Competitors by Total Assets
Key competitors of Ting Sin Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612
|
China | CN¥8.14 Billion |
|
Daeho Al Co. Ltd.
KO:069460
|
Korea | ₩190.31 Billion |
|
Yunnan Aluminium Co Ltd
SHE:000807
|
China | CN¥47.75 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
China | CN¥57.74 Billion |
|
Aluko Co Ltd
KO:001780
|
Korea | ₩915.01 Billion |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
China | CN¥14.40 Billion |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
|
China | CN¥8.74 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
China | CN¥14.41 Billion |
Ting Sin 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 - Ting Sin Co Ltd generates 0.53x 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, Ting Sin Co Ltd generates $ 0.04 in net profit.
Ting Sin 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 | 2.82 | 2.43 | 3.31 |
| Quick Ratio | 0.85 | 0.97 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.62 Billion | NT$ 1.96 Billion | NT$ 1.26 Billion |
Ting Sin Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ting Sin 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 | 0.42 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | NT$3.97 Billion |
| Market Capitalization | $18.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ting Sin Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ting Sin Co Ltd's assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ting Sin Co Ltd (2002–2022)
The table below shows the annual total assets of Ting Sin Co Ltd from 2002 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | NT$3.97 Billion | -0.80% |
| 2021-12-31 | NT$4.00 Billion | +27.15% |
| 2020-12-31 | NT$3.15 Billion | +6.92% |
| 2019-12-31 | NT$2.94 Billion | +14.29% |
| 2018-12-31 | NT$2.57 Billion | +38.01% |
| 2017-12-31 | NT$1.87 Billion | +30.16% |
| 2016-12-31 | NT$1.43 Billion | +97.10% |
| 2015-12-31 | NT$727.07 Million | -20.63% |
| 2014-12-31 | NT$916.07 Million | +7.87% |
| 2013-12-31 | NT$849.24 Million | -14.05% |
| 2012-12-31 | NT$988.07 Million | +47.07% |
| 2011-12-31 | NT$671.83 Million | -6.16% |
| 2010-12-31 | NT$715.95 Million | +4.23% |
| 2009-12-31 | NT$686.90 Million | -4.13% |
| 2008-12-31 | NT$716.50 Million | -26.37% |
| 2007-12-31 | NT$973.12 Million | -1.17% |
| 2006-12-31 | NT$984.67 Million | -19.75% |
| 2005-12-31 | NT$1.23 Billion | +10.03% |
| 2004-12-31 | NT$1.12 Billion | -30.71% |
| 2003-12-31 | NT$1.61 Billion | -12.84% |
| 2002-12-31 | NT$1.85 Billion | -- |