Shuttle Inc (2405) - Total Assets
Based on the latest financial reports, Shuttle Inc (2405) holds total assets worth NT$4.42 Billion TWD (≈ $139.20 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 2405 total equity for net asset value and shareholders' equity analysis.
Shuttle Inc - Total Assets Trend (2002–2024)
This chart illustrates how Shuttle Inc's total assets have evolved over time, based on quarterly financial data.
Shuttle Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Shuttle Inc's total assets of NT$4.42 Billion consist of 43.3% current assets and 56.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 21.2% |
| Accounts Receivable | NT$190.25 Million | 4.3% |
| Inventory | NT$631.79 Million | 14.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$154.83 Million | 3.5% |
| Goodwill | NT$54.56 Million | 1.2% |
Asset Composition Trend (2002–2024)
This chart illustrates how Shuttle Inc'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 2405 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shuttle Inc's current assets represent 43.3% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 21.2% of total assets in 2024, down from 21.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 14.4% of total assets.
Shuttle Inc Competitors by Total Assets
Key competitors of Shuttle Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FOSITEK CORP
TW:6805
|
Taiwan | NT$12.35 Billion |
|
Chengdu Zhimingda Electronics Co. Ltd. A
SHG:688636
|
China | CN¥1.82 Billion |
|
Team Group Inc
TW:4967
|
Taiwan | NT$9.63 Billion |
|
Flytech Technology Co Ltd
TW:6206
|
Taiwan | NT$5.98 Billion |
|
Metavisio (Thomson Computing)
PA:ALTHO
|
France | €72.15 Million |
|
Global UAV Technologies Ltd
STU:YAB2
|
Germany | €133.69K |
|
Rocketdna Ltd
AU:RKT
|
Australia | AU$8.10 Million |
|
333D Ltd
AU:T3D
|
Australia | AU$641.11K |
Shuttle Inc - 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 | 2.81 | 3.64 | 6.10 |
| Quick Ratio | 1.80 | 2.37 | 4.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.22 Billion | NT$1.44 Billion | NT$2.32 Billion |
Shuttle Inc - Advanced Valuation Insights
This section examines the relationship between Shuttle Inc'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 | 1.54 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | NT$4.40 Billion |
| Market Capitalization | $161.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shuttle Inc's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shuttle Inc's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shuttle Inc (2002–2024)
The table below shows the annual total assets of Shuttle Inc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.40 Billion ≈ $138.64 Million |
-1.91% |
| 2023-12-31 | NT$4.49 Billion ≈ $141.33 Million |
+0.43% |
| 2022-12-31 | NT$4.47 Billion ≈ $140.73 Million |
-2.87% |
| 2021-12-31 | NT$4.60 Billion ≈ $144.88 Million |
+17.50% |
| 2020-12-31 | NT$3.91 Billion ≈ $123.30 Million |
-11.24% |
| 2019-12-31 | NT$4.41 Billion ≈ $138.92 Million |
+7.64% |
| 2018-12-31 | NT$4.10 Billion ≈ $129.06 Million |
-11.09% |
| 2017-12-31 | NT$4.61 Billion ≈ $145.16 Million |
-8.12% |
| 2016-12-31 | NT$5.01 Billion ≈ $157.99 Million |
+4.87% |
| 2015-12-31 | NT$4.78 Billion ≈ $150.65 Million |
-19.00% |
| 2014-12-31 | NT$5.90 Billion ≈ $186.00 Million |
-33.82% |
| 2013-12-31 | NT$8.92 Billion ≈ $281.04 Million |
+22.32% |
| 2012-12-31 | NT$7.29 Billion ≈ $229.76 Million |
+14.54% |
| 2011-12-31 | NT$6.37 Billion ≈ $200.60 Million |
+5.51% |
| 2010-12-31 | NT$6.03 Billion ≈ $190.13 Million |
+48.26% |
| 2009-12-31 | NT$4.07 Billion ≈ $128.24 Million |
+45.02% |
| 2008-12-31 | NT$2.81 Billion ≈ $88.43 Million |
-11.35% |
| 2007-12-31 | NT$3.17 Billion ≈ $99.75 Million |
+0.57% |
| 2006-12-31 | NT$3.15 Billion ≈ $99.19 Million |
-10.26% |
| 2005-12-31 | NT$3.51 Billion ≈ $110.53 Million |
-23.63% |
| 2004-12-31 | NT$4.59 Billion ≈ $144.73 Million |
-0.60% |
| 2003-12-31 | NT$4.62 Billion ≈ $145.60 Million |
+15.26% |
| 2002-12-31 | NT$4.01 Billion ≈ $126.33 Million |
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About Shuttle Inc
Shuttle Inc., together with its subsidiaries, engages in the manufacturing and sales of barebones, mainboards, and other computer peripherals in Taiwan, the United States, Asia, Europe, China, and internationally. It operates through Computer Equipment and Medical Devices segments. The company offers Al computers; mini-PC and AIO; industrial computer, including embedded computer, edge computing c… Read more