Gigastorage Corp
Gigastorage Corporation operates in the optoelectronics industry in Taiwan, Mainland China, and internationally. The company operates in Silicon Products Division, Photovoltaic Materials Division, and Solar Power Plant Division segments. The Silicon Products Division segment produces, processes, and sells solar silicon accessories and wafers; and diamond wires. The Photovoltaic Materials Division… Read more
Gigastorage Corp (2406) - Total Assets
Latest total assets as of June 2025: NT$15.34 Billion TWD
Based on the latest financial reports, Gigastorage Corp (2406) holds total assets worth NT$15.34 Billion TWD as of June 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.
Gigastorage Corp - Total Assets Trend (2002–2024)
This chart illustrates how Gigastorage Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gigastorage Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Gigastorage Corp's total assets of NT$15.34 Billion consist of 42.9% current assets and 57.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 12.2% |
| Accounts Receivable | NT$1.07 Billion | 6.7% |
| Inventory | NT$1.22 Billion | 7.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Gigastorage Corp'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: Gigastorage Corp's current assets represent 42.9% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, up from 1.9% 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 7.7% of total assets.
Gigastorage Corp Competitors by Total Assets
Key competitors of Gigastorage Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Gigastorage Corp - 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 - Gigastorage Corp generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gigastorage Corp is currently not profitable relative to its asset base.
Gigastorage Corp - 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 | 2.85 | 1.42 | 1.14 |
| Quick Ratio | 2.35 | 1.09 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.75 Billion | NT$ 2.16 Billion | NT$ 925.64 Million |
Gigastorage Corp - Advanced Valuation Insights
This section examines the relationship between Gigastorage Corp'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 | 1.92 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 7.0% |
| Total Assets | NT$15.96 Billion |
| Market Capitalization | $214.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gigastorage Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gigastorage Corp's assets grew by 7.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gigastorage Corp (2002–2024)
The table below shows the annual total assets of Gigastorage Corp from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$15.96 Billion | +7.04% |
| 2023-12-31 | NT$14.91 Billion | -2.75% |
| 2022-12-31 | NT$15.33 Billion | +3.77% |
| 2021-12-31 | NT$14.77 Billion | -5.75% |
| 2020-12-31 | NT$15.67 Billion | +9.24% |
| 2019-12-31 | NT$14.35 Billion | -23.31% |
| 2018-12-31 | NT$18.71 Billion | -23.34% |
| 2017-12-31 | NT$24.41 Billion | -0.82% |
| 2016-12-31 | NT$24.61 Billion | +13.91% |
| 2015-12-31 | NT$21.60 Billion | +30.98% |
| 2014-12-31 | NT$16.50 Billion | +36.52% |
| 2013-12-31 | NT$12.08 Billion | +14.80% |
| 2012-12-31 | NT$10.53 Billion | +3.80% |
| 2011-12-31 | NT$10.14 Billion | +39.12% |
| 2010-12-31 | NT$7.29 Billion | +51.90% |
| 2009-12-31 | NT$4.80 Billion | +34.30% |
| 2008-12-31 | NT$3.57 Billion | -13.84% |
| 2007-12-31 | NT$4.15 Billion | -9.92% |
| 2006-12-31 | NT$4.60 Billion | -17.18% |
| 2005-12-31 | NT$5.56 Billion | -17.24% |
| 2004-12-31 | NT$6.72 Billion | +16.00% |
| 2003-12-31 | NT$5.79 Billion | +5.42% |
| 2002-12-31 | NT$5.49 Billion | -- |