Success Prime Corp
Success Prime Corporation offers education services in Taiwan. It provides contracting teachers and course management services. The company also offers in-person tutoring, consulting, digital learning, and preschool board game courses; single-subject progression courses; tutorial courses for college entrance exams, advanced subjects test, and admission written/oral interviews; pre-exam intensive … Read more
Success Prime Corp (2496) - Total Assets
Latest total assets as of September 2025: NT$1.38 Billion TWD
Based on the latest financial reports, Success Prime Corp (2496) holds total assets worth NT$1.38 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.
Success Prime Corp - Total Assets Trend (2003–2024)
This chart illustrates how Success Prime Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Success Prime Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Success Prime Corp's total assets of NT$1.38 Billion consist of 35.2% current assets and 64.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 16.8% |
| Accounts Receivable | NT$3.41 Million | 0.2% |
| Inventory | NT$3.00 Million | 0.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$404.41 Million | 28.3% |
| Goodwill | NT$81.42 Million | 5.7% |
Asset Composition Trend (2003–2024)
This chart illustrates how Success Prime Corp'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: Success Prime Corp's current assets represent 35.2% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 16.8% of total assets in 2024, up from 15.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 33.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 28.3% of total assets.
Success Prime Corp Competitors by Total Assets
Key competitors of Success Prime Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT Lavender Bina Cendikia Tbk
JK:BMBL
|
Indonesia | Rp75.43 Billion |
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
China | CN¥5.98 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
Success Prime Corp - 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
Moderate asset utilization - Success Prime Corp generates 0.59x 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, Success Prime Corp generates $9.30 in net profit.
Success Prime Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.90 | 0.90 | 0.63 |
| Quick Ratio | 0.90 | 0.89 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-41.87 Million | NT$ -42.07 Million | NT$ -135.04 Million |
Success Prime Corp - Advanced Valuation Insights
This section examines the relationship between Success Prime Corp'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 | 0.01 |
| Asset Growth Rate (YoY) | 4.6% |
| Total Assets | NT$1.43 Billion |
| Market Capitalization | $21.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Success Prime Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Success Prime Corp's assets grew by 4.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Success Prime Corp (2003–2024)
The table below shows the annual total assets of Success Prime Corp from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.43 Billion | +4.63% |
| 2023-12-31 | NT$1.37 Billion | +3.87% |
| 2022-12-31 | NT$1.31 Billion | +8.22% |
| 2021-12-31 | NT$1.21 Billion | -3.86% |
| 2020-12-31 | NT$1.26 Billion | -15.12% |
| 2019-12-31 | NT$1.49 Billion | +13.34% |
| 2018-12-31 | NT$1.31 Billion | +4.23% |
| 2017-12-31 | NT$1.26 Billion | +52.53% |
| 2016-12-31 | NT$826.14 Million | +512.71% |
| 2015-12-31 | NT$134.83 Million | +2.97% |
| 2014-12-31 | NT$130.95 Million | -34.68% |
| 2013-12-31 | NT$200.49 Million | +36.76% |
| 2012-12-31 | NT$146.59 Million | +12.30% |
| 2011-12-31 | NT$130.54 Million | -41.72% |
| 2010-12-31 | NT$223.99 Million | +3.45% |
| 2009-12-31 | NT$216.52 Million | -25.88% |
| 2008-12-31 | NT$292.13 Million | -19.56% |
| 2007-12-31 | NT$363.18 Million | -22.94% |
| 2006-12-31 | NT$471.31 Million | -15.82% |
| 2005-12-31 | NT$559.86 Million | -21.37% |
| 2004-12-31 | NT$712.01 Million | -21.54% |
| 2003-12-31 | NT$907.48 Million | -- |