Everspring Industry Co Ltd
Everspring Industry Co., Ltd. engages in the manufacturing, reprocessing, and trading of burglar alarm and other electronic products and parts. The company offers disaster prevention and security solutions; lighting control equipment and accessories of burglar alarms; and intelligent security equipment. It is also involved in research, development, manufacturing, and trading of intelligent securi… Read more
Everspring Industry Co Ltd (2390) - Total Assets
Latest total assets as of September 2025: NT$2.68 Billion TWD
Based on the latest financial reports, Everspring Industry Co Ltd (2390) holds total assets worth NT$2.68 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.
Everspring Industry Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Everspring Industry Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Everspring Industry Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Everspring Industry Co Ltd's total assets of NT$2.68 Billion consist of 61.9% current assets and 38.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 16.4% |
| Accounts Receivable | NT$105.15 Million | 3.7% |
| Inventory | NT$624.28 Million | 22.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$2.09 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Everspring Industry 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: Everspring Industry Co Ltd's current assets represent 61.9% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 16.4% of total assets in 2024, up from 7.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 22.1% of total assets.
Everspring Industry Co Ltd Competitors by Total Assets
Key competitors of Everspring Industry Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
Everspring Industry 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
Lower asset utilization - Everspring Industry Co Ltd generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Everspring Industry Co Ltd is currently not profitable relative to its asset base.
Everspring Industry 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 | 5.11 | 4.62 | 4.22 |
| Quick Ratio | 3.18 | 2.91 | 2.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.30 Billion | NT$ 1.32 Billion | NT$ 1.31 Billion |
Everspring Industry Co Ltd - Advanced Valuation Insights
This section examines the relationship between Everspring Industry 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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.2% |
| Total Assets | NT$2.83 Billion |
| Market Capitalization | $39.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Everspring Industry Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Everspring Industry Co Ltd's assets decreased by 7.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Everspring Industry Co Ltd (2002–2024)
The table below shows the annual total assets of Everspring Industry Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.83 Billion | -7.25% |
| 2023-12-31 | NT$3.05 Billion | -5.21% |
| 2022-12-31 | NT$3.22 Billion | -25.64% |
| 2021-12-31 | NT$4.33 Billion | +47.77% |
| 2020-12-31 | NT$2.93 Billion | +10.81% |
| 2019-12-31 | NT$2.64 Billion | -3.12% |
| 2018-12-31 | NT$2.73 Billion | -9.97% |
| 2017-12-31 | NT$3.03 Billion | -3.77% |
| 2016-12-31 | NT$3.15 Billion | -9.66% |
| 2015-12-31 | NT$3.49 Billion | -3.85% |
| 2014-12-31 | NT$3.63 Billion | +5.54% |
| 2013-12-31 | NT$3.44 Billion | -0.77% |
| 2012-12-31 | NT$3.46 Billion | +7.85% |
| 2011-12-31 | NT$3.21 Billion | -7.59% |
| 2010-12-31 | NT$3.47 Billion | -0.68% |
| 2009-12-31 | NT$3.50 Billion | -0.56% |
| 2008-12-31 | NT$3.52 Billion | -4.66% |
| 2007-12-31 | NT$3.69 Billion | -0.68% |
| 2006-12-31 | NT$3.71 Billion | -6.60% |
| 2005-12-31 | NT$3.98 Billion | -21.52% |
| 2004-12-31 | NT$5.07 Billion | -18.25% |
| 2003-12-31 | NT$6.20 Billion | -18.03% |
| 2002-12-31 | NT$7.56 Billion | -- |