Lung Hwa Electronics Co Ltd (2424) - Total Assets
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.
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. Also see Lung Hwa Electronics Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.
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. Review Lung Hwa Electronics Co Ltd debt and liabilities to assess the company's total debt and financial obligations.
| 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. See 2424 stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Goertek Inc
SHE:002241
|
China | CN¥92.61 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥73.66 Billion |
|
Sonos Inc
NASDAQ:SONO
|
USA | $839.48 Million |
|
Shenzhen Liantronics
SHE:300269
|
China | CN¥728.02 Million |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$8.09 Million |
|
Hanpin Electron Co Ltd
TW:2488
|
Taiwan | NT$4.21 Billion |
|
Gome Telecom Equipment Co Ltd
SHG:600898
|
China | CN¥251.51 Million |
|
Hapbee Technologies Inc
V:HAPB
|
Canada | CA$3.03 Million |
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 | $15.98 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
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