Sincere Navigation Corp Total Assets
Sincere Navigation Corp total assets. Based on the latest financial reports, Sincere Navigation Corp (2605) holds total assets worth NT$20.78 Billion TWD (≈ $654.84 Million USD) 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. Also see market value of Sincere Navigation Corp for the company's overall valuation and market capitalisation.
Total Assets of Sincere Navigation Corp (2000–2024)
Total assets of Sincere Navigation Corp from 2000 to 2024. This chart illustrates how Sincere Navigation Corp's total assets have evolved over time, based on quarterly financial data. See Sincere Navigation Corp (2605) stock price for real-time trading data and today's change.
Sincere Navigation Corp - Asset Composition Analysis
Sincere Navigation Corp Total Assets Breakdown (December 2024)
Sincere Navigation Corp total assets breakdown as of December 2024. Sincere Navigation Corp's total assets of NT$20.78 Billion consist of 32.1% current assets and 67.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 13.9% |
| Accounts Receivable | NT$467.77 Million | 2.1% |
| Inventory | NT$50.99 Million | 0.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Sincere Navigation 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. Explore Sincere Navigation Corp current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sincere Navigation Corp's current assets represent 32.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 13.9% of total assets in 2024, up from 1.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 2.1% of total assets.
Sincere Navigation Corp Competitors by Total Assets
Key competitors of Sincere Navigation Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.33 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
China | CN¥36.08 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Safe Bulkers Inc
NYSE:SB
|
USA | $1.43 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥826.57 Million |
|
Euroseas Ltd
NASDAQ:ESEA
|
USA | $700.46 Million |
|
Seanergy Maritime Holdings Corp
NASDAQ:SHIP
|
USA | $643.46 Million |
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
China | CN¥1.35 Billion |
Sincere Navigation 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 | 1.68 | 1.75 | 2.79 |
| Quick Ratio | 1.67 | 1.74 | 2.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.06 Billion | NT$2.81 Billion | NT$3.57 Billion |
Sincere Navigation Corp - Advanced Valuation Insights
This section examines the relationship between Sincere Navigation 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 | 0.92 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | NT$22.36 Billion |
| Market Capitalization | $610.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sincere Navigation Corp's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Sincere Navigation Corp's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Sincere Navigation Corp (2000–2024)
The table below shows the annual total assets of Sincere Navigation Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.36 Billion ≈ $704.61 Million |
+5.91% |
| 2023-12-31 | NT$21.12 Billion ≈ $665.26 Million |
-2.54% |
| 2022-12-31 | NT$21.67 Billion ≈ $682.60 Million |
+0.61% |
| 2021-12-31 | NT$21.53 Billion ≈ $678.47 Million |
+1.84% |
| 2020-12-31 | NT$21.15 Billion ≈ $666.20 Million |
-9.26% |
| 2019-12-31 | NT$23.30 Billion ≈ $734.17 Million |
-4.61% |
| 2018-12-31 | NT$24.43 Billion ≈ $769.63 Million |
+2.20% |
| 2017-12-31 | NT$23.90 Billion ≈ $753.03 Million |
-6.59% |
| 2016-12-31 | NT$25.59 Billion ≈ $806.13 Million |
-9.87% |
| 2015-12-31 | NT$28.39 Billion ≈ $894.37 Million |
-2.56% |
| 2014-12-31 | NT$29.13 Billion ≈ $917.87 Million |
+5.11% |
| 2013-12-31 | NT$27.72 Billion ≈ $873.24 Million |
-4.53% |
| 2012-12-31 | NT$29.03 Billion ≈ $914.65 Million |
+0.36% |
| 2011-12-31 | NT$28.93 Billion ≈ $911.38 Million |
+11.73% |
| 2010-12-31 | NT$25.89 Billion ≈ $815.67 Million |
-5.84% |
| 2009-12-31 | NT$27.49 Billion ≈ $866.22 Million |
+5.05% |
| 2008-12-31 | NT$26.17 Billion ≈ $824.60 Million |
+17.25% |
| 2007-12-31 | NT$22.32 Billion ≈ $703.28 Million |
-4.98% |
| 2006-12-31 | NT$23.49 Billion ≈ $740.10 Million |
+12.60% |
| 2005-12-31 | NT$20.86 Billion ≈ $657.28 Million |
+35.30% |
| 2004-12-31 | NT$15.42 Billion ≈ $485.79 Million |
+3.85% |
| 2003-12-31 | NT$14.85 Billion ≈ $467.79 Million |
+11.57% |
| 2002-12-31 | NT$13.31 Billion ≈ $419.26 Million |
+6.71% |
| 2001-12-31 | NT$12.47 Billion ≈ $392.91 Million |
-1.47% |
| 2000-12-31 | NT$12.66 Billion ≈ $398.79 Million |
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About Sincere Navigation Corp
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. Sincere Navigation Corporation serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei, Taiwan.