Abonmax Co Ltd

TW:2429 Taiwan Electronic Components
Market Cap
$127.92 Million
NT$4.23 Billion TWD
Market Cap Rank
#18657 Global
#871 in Taiwan
Share Price
NT$49.50
Change (1 day)
-1.59%
52-Week Range
NT$40.15 - NT$151.00
All Time High
NT$151.00
About

Abonmax Co., Ltd, an integrated optoelectronic display company, engages in the production and sale of electronic components and appliances, and audio-visual electronic products in Taiwan, China, and internationally. The company offers electric assisted bicycles; e-bike mid-mounted powertrain and e-scooter efficient motors; memory devices, such as flash drives, micro-SD cards, and solid-state driv… Read more

Abonmax Co Ltd (2429) - Total Assets

Latest total assets as of September 2025: NT$1.61 Billion TWD

Based on the latest financial reports, Abonmax Co Ltd (2429) holds total assets worth NT$1.61 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.

Abonmax Co Ltd - Total Assets Trend (2002–2024)

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

Abonmax Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Abonmax Co Ltd's total assets of NT$1.61 Billion consist of 50.9% current assets and 49.1% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 34.5%
Accounts Receivable NT$13.10 Million 1.0%
Inventory NT$70.14 Million 5.5%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$2.46 Million 0.2%
Goodwill NT$107.36 Million 8.4%

Asset Composition Trend (2002–2024)

This chart illustrates how Abonmax 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: Abonmax Co Ltd's current assets represent 50.9% of total assets in 2024, an increase from 0.0% in 2002.
  • Cash Position: Cash and equivalents constituted 34.5% of total assets in 2024, up from 2.6% in 2002.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 1.0% in 2002.
  • Asset Diversification: The largest asset category is goodwill at 8.4% of total assets.

Abonmax Co Ltd Competitors by Total Assets

Key competitors of Abonmax Co Ltd based on total assets are shown below.

Abonmax 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: 0.24 - 1.18

Lower asset utilization - Abonmax Co Ltd generates 0.24x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -15.52% - 0.67%

Negative ROA - Abonmax Co Ltd is currently not profitable relative to its asset base.

Abonmax 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 1.61 8.58 1.11
Quick Ratio 1.34 8.15 0.87
Cash Ratio 0.00 0.00 0.00
Working Capital NT$160.78 Million NT$ 786.90 Million NT$ 49.39 Million

Abonmax Co Ltd - Advanced Valuation Insights

This section examines the relationship between Abonmax 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 8.06
Latest Market Cap to Assets Ratio 0.07
Asset Growth Rate (YoY) 176.3%
Total Assets NT$1.28 Billion
Market Capitalization $90.74 Million USD

Valuation Analysis

Below Book Valuation: The market values Abonmax Co Ltd's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Abonmax Co Ltd's assets grew by 176.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Abonmax Co Ltd (2002–2024)

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

Year Total Assets Change
2024-12-31 NT$1.28 Billion +176.34%
2023-12-31 NT$461.87 Million -39.78%
2022-12-31 NT$766.96 Million -7.37%
2021-12-31 NT$828.01 Million -14.92%
2020-12-31 NT$973.20 Million +14.85%
2019-12-31 NT$847.37 Million -9.15%
2018-12-31 NT$932.72 Million -6.49%
2017-12-31 NT$997.44 Million -16.59%
2016-12-31 NT$1.20 Billion +71.01%
2015-12-31 NT$699.31 Million -21.35%
2014-12-31 NT$889.20 Million +1.24%
2013-12-31 NT$878.33 Million +11.97%
2012-12-31 NT$784.45 Million -8.48%
2011-12-31 NT$857.10 Million -16.36%
2010-12-31 NT$1.02 Billion +19.18%
2009-12-31 NT$859.78 Million -3.23%
2008-12-31 NT$888.53 Million -5.68%
2007-12-31 NT$942.00 Million -36.63%
2006-12-31 NT$1.49 Billion -22.12%
2005-12-31 NT$1.91 Billion +0.66%
2004-12-31 NT$1.90 Billion -2.57%
2003-12-31 NT$1.95 Billion +6.08%
2002-12-31 NT$1.83 Billion --