Thinking Electronic Industrial Co Ltd

TW:2428 Taiwan Electronic Components
Market Cap
$619.54 Million
NT$20.50 Billion TWD
Market Cap Rank
#12062 Global
#352 in Taiwan
Share Price
NT$160.00
Change (1 day)
+1.27%
52-Week Range
NT$109.00 - NT$204.50
All Time High
NT$229.08
About

Thinking Electronic Industrial Co., Ltd. manufactures, processes, and sells electric devices, thermistors, varistors, and wires in Taiwan, China, Europe, and internationally. It offers negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature (PTC) thermistors, polymer PTC resettable fuse, temperature and pressure sensors, gas discharge tubes, ESD suppressor… Read more

Thinking Electronic Industrial Co Ltd (2428) - Total Assets

Latest total assets as of September 2025: NT$15.62 Billion TWD

Based on the latest financial reports, Thinking Electronic Industrial Co Ltd (2428) holds total assets worth NT$15.62 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.

Thinking Electronic Industrial Co Ltd - Total Assets Trend (2002–2024)

This chart illustrates how Thinking Electronic Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Thinking Electronic Industrial Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Thinking Electronic Industrial Co Ltd's total assets of NT$15.62 Billion consist of 61.1% current assets and 38.9% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 19.4%
Accounts Receivable NT$3.07 Billion 19.5%
Inventory NT$1.46 Billion 9.2%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$34.99 Million 0.2%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how Thinking Electronic Industrial 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: Thinking Electronic Industrial Co Ltd's current assets represent 61.1% of total assets in 2024, an increase from 0.0% in 2002.
  • Cash Position: Cash and equivalents constituted 19.4% of total assets in 2024, up from 4.9% 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 accounts receivable at 19.5% of total assets.

Thinking Electronic Industrial Co Ltd Competitors by Total Assets

Key competitors of Thinking Electronic Industrial Co Ltd based on total assets are shown below.

Company Country Total Assets
Inventronics Hangzhou Inc
SHE:300582
China CN¥3.44 Billion
WIZIT Co. Ltd
KQ:036090
Korea ₩612.39 Billion
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
China CN¥17.35 Billion
Shenzhen Huakong Seg Co Ltd
SHE:000068
China CN¥4.02 Billion
CPT Technology Group Co Ltd
SHE:000536
China CN¥5.40 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
China CN¥16.69 Billion
YoungPoong
KO:000670
Korea ₩5.85 Trillion
Xiamen Xindeco Ltd
SHE:000701
China CN¥17.93 Billion

Thinking Electronic Industrial 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

Historical Range: 0.48 - 0.80

Moderate asset utilization - Thinking Electronic Industrial Co Ltd generates 0.48x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 9.58% - 14.16%

Solid ROA - For every $100 in assets, Thinking Electronic Industrial Co Ltd generates $9.82 in net profit.

Thinking Electronic Industrial 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 3.55 3.02 3.94
Quick Ratio 2.98 2.55 3.32
Cash Ratio 0.00 0.00 0.00
Working Capital NT$6.70 Billion NT$ 6.62 Billion NT$ 6.03 Billion

Thinking Electronic Industrial Co Ltd - Advanced Valuation Insights

This section examines the relationship between Thinking Electronic Industrial 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 2.11
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) 15.7%
Total Assets NT$15.79 Billion
Market Capitalization $350.09 Million USD

Valuation Analysis

Below Book Valuation: The market values Thinking Electronic Industrial Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Thinking Electronic Industrial Co Ltd's assets grew by 15.7% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Thinking Electronic Industrial Co Ltd (2002–2024)

The table below shows the annual total assets of Thinking Electronic Industrial Co Ltd from 2002 to 2024.

Year Total Assets Change
2024-12-31 NT$15.79 Billion +15.70%
2023-12-31 NT$13.65 Billion -0.78%
2022-12-31 NT$13.76 Billion +8.59%
2021-12-31 NT$12.67 Billion +14.86%
2020-12-31 NT$11.03 Billion +26.06%
2019-12-31 NT$8.75 Billion +6.12%
2018-12-31 NT$8.25 Billion +7.69%
2017-12-31 NT$7.66 Billion +4.45%
2016-12-31 NT$7.33 Billion +14.00%
2015-12-31 NT$6.43 Billion +8.33%
2014-12-31 NT$5.94 Billion +14.32%
2013-12-31 NT$5.19 Billion -1.30%
2012-12-31 NT$5.26 Billion +9.25%
2011-12-31 NT$4.81 Billion +13.33%
2010-12-31 NT$4.25 Billion +7.27%
2009-12-31 NT$3.96 Billion +6.88%
2008-12-31 NT$3.71 Billion +14.13%
2007-12-31 NT$3.25 Billion +8.52%
2006-12-31 NT$2.99 Billion +10.32%
2005-12-31 NT$2.71 Billion +11.46%
2004-12-31 NT$2.43 Billion +16.35%
2003-12-31 NT$2.09 Billion +12.62%
2002-12-31 NT$1.86 Billion --