Acer Gadget Inc
Acer Gadget Inc. designs, rents, and sells computer software, hardware application systems, computer peripheral, and smart life products in Taiwan and internationally. The company offers wearable products, such as ePay series, lovecode, and faith bracelets; and computer accessories, including mouse, keyboard, webcam, and sleeves. It also provides scooter and bag products. The company was incorpor… Read more
Acer Gadget Inc (2432) - Total Assets
Latest total assets as of June 2024: NT$1.95 Billion TWD
Based on the latest financial reports, Acer Gadget Inc (2432) holds total assets worth NT$1.95 Billion TWD as of June 2024.
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.
Acer Gadget Inc - Total Assets Trend (2019–2023)
This chart illustrates how Acer Gadget Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Acer Gadget Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Acer Gadget Inc's total assets of NT$1.95 Billion consist of 80.5% current assets and 19.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 47.8% |
| Accounts Receivable | NT$439.49 Million | 23.6% |
| Inventory | NT$102.96 Million | 5.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.91 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Acer Gadget Inc'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: Acer Gadget Inc's current assets represent 80.5% of total assets in 2023, an increase from 62.1% in 2019.
- Cash Position: Cash and equivalents constituted 47.8% of total assets in 2023, up from 19.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 23.6% of total assets.
Acer Gadget Inc Competitors by Total Assets
Key competitors of Acer Gadget Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
Acer Gadget Inc - 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
Strong asset utilization - Acer Gadget Inc generates 1.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Acer Gadget Inc generates $6.52 in net profit.
Acer Gadget Inc - 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 | 2.27 | 2.96 | 2.85 |
| Quick Ratio | 2.10 | 2.72 | 2.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$921.52 Million | NT$ 840.65 Million | NT$ 860.43 Million |
Acer Gadget Inc - Advanced Valuation Insights
This section examines the relationship between Acer Gadget Inc'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 | 1.38 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 21.6% |
| Total Assets | NT$1.86 Billion |
| Market Capitalization | $17.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values Acer Gadget Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Acer Gadget Inc's assets grew by 21.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Acer Gadget Inc (2019–2023)
The table below shows the annual total assets of Acer Gadget Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$1.86 Billion | +21.56% |
| 2022-12-31 | NT$1.53 Billion | +62.69% |
| 2021-12-31 | NT$940.85 Million | +25.91% |
| 2020-12-31 | NT$747.22 Million | +63.62% |
| 2019-12-31 | NT$456.69 Million | -- |