Yang Ming Marine Transport Corp (2609) - Total Assets

Latest as of September 2025: NT$448.86 Billion TWD ≈ $14.14 Billion USD

Based on the latest financial reports, Yang Ming Marine Transport Corp (2609) holds total assets worth NT$448.86 Billion TWD (≈ $14.14 Billion 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. See net assets of Yang Ming Marine Transport Corp for net asset value and shareholders' equity analysis.

Yang Ming Marine Transport Corp - Total Assets Trend (2000–2024)

This chart illustrates how Yang Ming Marine Transport Corp's total assets have evolved over time, based on quarterly financial data.

Yang Ming Marine Transport Corp - Asset Composition Analysis

Current Asset Composition (December 2024)

Yang Ming Marine Transport Corp's total assets of NT$448.86 Billion consist of 55.1% current assets and 44.9% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 34.2%
Accounts Receivable NT$13.98 Billion 2.9%
Inventory NT$4.95 Billion 1.0%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$139.07 Million 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2000–2024)

This chart illustrates how Yang Ming Marine Transport 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. For live market cap, price, and company overview, see Yang Ming Marine Transport Corp market cap and net worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Yang Ming Marine Transport Corp's current assets represent 55.1% of total assets in 2024, an increase from 0.0% in 2000.
  • Cash Position: Cash and equivalents constituted 34.2% of total assets in 2024, up from 14.0% 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 2.9% of total assets.

Yang Ming Marine Transport Corp Competitors by Total Assets

Key competitors of Yang Ming Marine Transport Corp based on total assets are shown below.

Company Country Total Assets
China Merchants Port Group Co Ltd
SHE:001872
China CN¥203.14 Billion
Tianjin Port Co Ltd
SHG:600717
China CN¥36.32 Billion
GZ Port
SHG:601228
China CN¥53.20 Billion
Sincere Navigation Corp
TW:2605
Taiwan NT$20.78 Billion
Genco Shipping & Trading Ltd
NYSE:GNK
USA $1.11 Billion
Himalaya Shipping Ltd
OL:HSHP
Norway Nkr865.30 Million
Ardmore Shpng
NYSE:ASC
USA $788.72 Million
Batulicin Nusantara Maritim Tbk PT
JK:BESS
Indonesia Rp714.01 Billion

Yang Ming Marine Transport 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 5.08 5.06 0.77
Quick Ratio 4.99 4.97 0.74
Cash Ratio 0.00 0.00 0.00
Working Capital NT$178.58 Billion NT$205.77 Billion NT$-13.49 Billion

Yang Ming Marine Transport Corp - Advanced Valuation Insights

This section examines the relationship between Yang Ming Marine Transport 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 0.68
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 23.3%
Total Assets NT$484.13 Billion
Market Capitalization $5.41 Billion USD

Valuation Analysis

Below Book Valuation: The market values Yang Ming Marine Transport Corp's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Yang Ming Marine Transport Corp's assets grew by 23.3% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Yang Ming Marine Transport Corp (2000–2024)

The table below shows the annual total assets of Yang Ming Marine Transport Corp from 2000 to 2024.

Year Total Assets Change
2024-12-31 NT$484.13 Billion
≈ $15.25 Billion
+23.31%
2023-12-31 NT$392.61 Billion
≈ $12.37 Billion
-22.74%
2022-12-31 NT$508.15 Billion
≈ $16.01 Billion
+32.19%
2021-12-31 NT$384.42 Billion
≈ $12.11 Billion
+97.16%
2020-12-31 NT$194.98 Billion
≈ $6.14 Billion
+2.08%
2019-12-31 NT$191.00 Billion
≈ $6.02 Billion
+36.46%
2018-12-31 NT$139.97 Billion
≈ $4.41 Billion
+5.34%
2017-12-31 NT$132.88 Billion
≈ $4.19 Billion
-2.33%
2016-12-31 NT$136.04 Billion
≈ $4.29 Billion
-12.22%
2015-12-31 NT$154.98 Billion
≈ $4.88 Billion
+4.30%
2014-12-31 NT$148.59 Billion
≈ $4.68 Billion
+4.45%
2013-12-31 NT$142.25 Billion
≈ $4.48 Billion
+2.18%
2012-12-31 NT$139.21 Billion
≈ $4.39 Billion
+7.58%
2011-12-31 NT$129.41 Billion
≈ $4.08 Billion
-3.29%
2010-12-31 NT$133.80 Billion
≈ $4.22 Billion
+17.56%
2009-12-31 NT$113.82 Billion
≈ $3.59 Billion
+0.99%
2008-12-31 NT$112.70 Billion
≈ $3.55 Billion
-0.22%
2007-12-31 NT$112.95 Billion
≈ $3.56 Billion
+17.41%
2006-12-31 NT$96.20 Billion
≈ $3.03 Billion
+5.06%
2005-12-31 NT$91.57 Billion
≈ $2.88 Billion
+1.69%
2004-12-31 NT$90.05 Billion
≈ $2.84 Billion
+22.58%
2003-12-31 NT$73.46 Billion
≈ $2.31 Billion
+23.19%
2002-12-31 NT$59.63 Billion
≈ $1.88 Billion
+0.25%
2001-12-31 NT$59.48 Billion
≈ $1.87 Billion
+16.79%
2000-12-31 NT$50.93 Billion
≈ $1.60 Billion
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About Yang Ming Marine Transport Corp

TW:2609 Taiwan Marine Shipping
Market Cap
$5.41 Billion
NT$171.64 Billion TWD
Market Cap Rank
#3393 Global
#94 in Taiwan
Share Price
NT$49.15
Change (1 day)
-0.41%
52-Week Range
NT$49.15 - NT$86.90
All Time High
NT$122.68
About

Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the America, Europe, Asia, and internationally. The company purchases and sells ships, containers, and chassis. It acts as a property, shipping, and forwarding and inland forwarding agent, as well as a shipping manager. In addition, it provides warehouse and termin… Read more