Lung Hwa Electronics Co Ltd (2424) - Total Assets

Latest as of September 2025: NT$462.04 Million TWD ≈ $14.56 Million USD

Based on the latest financial reports, Lung Hwa Electronics Co Ltd (2424) holds total assets worth NT$462.04 Million TWD (≈ $14.56 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. Explore how well can Lung Hwa Electronics Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Lung Hwa Electronics Co Ltd - Total Assets Trend (2002–2024)

This chart illustrates how Lung Hwa Electronics Co Ltd's total assets have evolved over time, based on quarterly financial data. See Lung Hwa Electronics Co Ltd (2424) net assets for net asset value and shareholders' equity analysis.

Lung Hwa Electronics Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Lung Hwa Electronics Co Ltd's total assets of NT$462.04 Million consist of 43.4% current assets and 56.6% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 22.9%
Accounts Receivable NT$40.16 Million 6.7%
Inventory NT$6.02 Million 1.0%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$229.00K 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how Lung Hwa Electronics 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. For live market cap, price, and company overview, see Lung Hwa Electronics Co Ltd market capitalisation.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Lung Hwa Electronics Co Ltd's current assets represent 43.4% of total assets in 2024, an increase from 0.0% in 2002.
  • Cash Position: Cash and equivalents constituted 22.9% of total assets in 2024, up from 3.0% 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 accounts receivable at 6.7% of total assets.

Lung Hwa Electronics Co Ltd Competitors by Total Assets

Key competitors of Lung Hwa Electronics Co Ltd based on total assets are shown below.

Company Country Total Assets
Sharetronic Data Technology Co Ltd
SHE:300857
China CN¥18.19 Billion
DBG Technology Co Ltd Class A
SHE:300735
China CN¥9.61 Billion
Sonos Inc
NASDAQ:SONO
USA $839.48 Million
Primax Electronics Ltd
TW:4915
Taiwan NT$51.22 Billion
Audio Pixels Holdings Ltd
AU:AKP
Australia AU$8.09 Million
Atomos Ltd
AU:AMS
Australia AU$20.91 Million
Birddog Technology Ltd
AU:BDT
Australia AU$20.81 Million
Mirgor S.A.
BA:MIRG
Argentina AR$2.02 Trillion

Lung Hwa Electronics 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 1.76 1.15 0.59
Quick Ratio 1.71 1.11 0.53
Cash Ratio 0.00 0.00 0.00
Working Capital NT$85.15 Million NT$33.02 Million NT$-101.11 Million

Lung Hwa Electronics Co Ltd - Advanced Valuation Insights

This section examines the relationship between Lung Hwa Electronics 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 7.67
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) -10.5%
Total Assets NT$595.77 Million
Market Capitalization $15.24 Million USD

Valuation Analysis

Below Book Valuation: The market values Lung Hwa Electronics Co Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Lung Hwa Electronics Co Ltd's assets decreased by 10.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Lung Hwa Electronics Co Ltd (2002–2024)

The table below shows the annual total assets of Lung Hwa Electronics Co Ltd from 2002 to 2024.

Year Total Assets Change
2024-12-31 NT$595.77 Million
≈ $18.77 Million
-10.47%
2023-12-31 NT$665.44 Million
≈ $20.96 Million
+20.43%
2022-12-31 NT$552.54 Million
≈ $17.41 Million
+19.00%
2021-12-31 NT$464.32 Million
≈ $14.63 Million
-20.42%
2020-12-31 NT$583.47 Million
≈ $18.38 Million
-4.04%
2019-12-31 NT$608.03 Million
≈ $19.16 Million
+64.13%
2018-12-31 NT$370.46 Million
≈ $11.67 Million
-8.98%
2017-12-31 NT$407.01 Million
≈ $12.82 Million
-10.92%
2016-12-31 NT$456.93 Million
≈ $14.40 Million
-10.54%
2015-12-31 NT$510.78 Million
≈ $16.09 Million
-8.22%
2014-12-31 NT$556.51 Million
≈ $17.53 Million
-0.33%
2013-12-31 NT$558.35 Million
≈ $17.59 Million
+51.80%
2012-12-31 NT$367.82 Million
≈ $11.59 Million
-16.59%
2011-12-31 NT$441.00 Million
≈ $13.89 Million
+21.53%
2010-12-31 NT$362.88 Million
≈ $11.43 Million
-3.22%
2009-12-31 NT$374.95 Million
≈ $11.81 Million
-15.92%
2008-12-31 NT$445.93 Million
≈ $14.05 Million
-10.76%
2007-12-31 NT$499.68 Million
≈ $15.74 Million
-55.28%
2006-12-31 NT$1.12 Billion
≈ $35.20 Million
-10.05%
2005-12-31 NT$1.24 Billion
≈ $39.13 Million
+6.40%
2004-12-31 NT$1.17 Billion
≈ $36.78 Million
-29.48%
2003-12-31 NT$1.66 Billion
≈ $52.16 Million
+17.48%
2002-12-31 NT$1.41 Billion
≈ $44.40 Million
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About Lung Hwa Electronics Co Ltd

TW:2424 Taiwan Consumer Electronics
Market Cap
$15.24 Million
NT$483.68 Million TWD
Market Cap Rank
#25895 Global
#1573 in Taiwan
Share Price
NT$8.20
Change (1 day)
+6.63%
52-Week Range
NT$7.65 - NT$79.40
All Time High
NT$106.00
About

Lung Hwa Electronics Co., Ltd. provides maritime SAT communication network, CCTV IoT, and cyber security solutions in Taiwan and internationally. It offers maritime networking architect products; maritime antennas; and L-band iridium maritime antennas, as well as VHSAT flat portable terminals for emergency services, disaster recovery, military, security, government, and enterprise communication a… Read more