Fortune Oriental Co Ltd
Fortune Oriental Company Limited manufactures and sells lighting application products in Taiwan. The company also offers memory products, such as DRAM module, DDR3, DDR3, DDR3L, DDR4, EEPROM, and SPINOR flash; power related components, including PMIC, BUCK, LED driver, USB port management, protection, switch, reset, battery management, motor driver, and audio line driver products; MOSFET; ambient… Read more
Fortune Oriental Co Ltd (2491) - Total Assets
Latest total assets as of September 2025: NT$1.52 Billion TWD
Based on the latest financial reports, Fortune Oriental Co Ltd (2491) holds total assets worth NT$1.52 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.
Fortune Oriental Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Fortune Oriental Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortune Oriental Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fortune Oriental Co Ltd's total assets of NT$1.52 Billion consist of 82.6% current assets and 17.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.1% |
| Accounts Receivable | NT$41.46 Million | 2.9% |
| Inventory | NT$390.15 Million | 27.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$7.16 Million | 0.5% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Fortune Oriental 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: Fortune Oriental Co Ltd's current assets represent 82.6% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 8.1% of total assets in 2024, down from 16.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 15.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 27.3% of total assets.
Fortune Oriental Co Ltd Competitors by Total Assets
Key competitors of Fortune Oriental Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Fortune Oriental 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
Lower asset utilization - Fortune Oriental Co Ltd generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fortune Oriental Co Ltd is currently not profitable relative to its asset base.
Fortune Oriental 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 | 5.98 | 7.19 | 13.50 |
| Quick Ratio | 4.25 | 4.83 | 11.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.10 Billion | NT$ 982.65 Million | NT$ 1.93 Billion |
Fortune Oriental Co Ltd - Advanced Valuation Insights
This section examines the relationship between Fortune Oriental 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 | 1.56 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | NT$1.43 Billion |
| Market Capitalization | $24.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fortune Oriental Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Fortune Oriental Co Ltd's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Fortune Oriental Co Ltd (2002–2024)
The table below shows the annual total assets of Fortune Oriental Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.43 Billion | -1.42% |
| 2023-12-31 | NT$1.45 Billion | +5.23% |
| 2022-12-31 | NT$1.38 Billion | -42.95% |
| 2021-12-31 | NT$2.41 Billion | +11.16% |
| 2020-12-31 | NT$2.17 Billion | +8.02% |
| 2019-12-31 | NT$2.01 Billion | -3.70% |
| 2018-12-31 | NT$2.09 Billion | -1.32% |
| 2017-12-31 | NT$2.12 Billion | -1.83% |
| 2016-12-31 | NT$2.16 Billion | -3.21% |
| 2015-12-31 | NT$2.23 Billion | -5.82% |
| 2014-12-31 | NT$2.36 Billion | -17.39% |
| 2013-12-31 | NT$2.86 Billion | -32.38% |
| 2012-12-31 | NT$4.23 Billion | -27.62% |
| 2011-12-31 | NT$5.85 Billion | -8.77% |
| 2010-12-31 | NT$6.41 Billion | -10.65% |
| 2009-12-31 | NT$7.18 Billion | -5.86% |
| 2008-12-31 | NT$7.62 Billion | -7.49% |
| 2007-12-31 | NT$8.24 Billion | +4.28% |
| 2006-12-31 | NT$7.90 Billion | -1.44% |
| 2005-12-31 | NT$8.02 Billion | +69.03% |
| 2004-12-31 | NT$4.74 Billion | -78.84% |
| 2003-12-31 | NT$22.42 Billion | +9.35% |
| 2002-12-31 | NT$20.50 Billion | -- |