Taiwan Pelican Express Co Ltd (2642) - Total Assets
Based on the latest financial reports, Taiwan Pelican Express Co Ltd (2642) holds total assets worth NT$3.65 Billion TWD (≈ $115.15 Million USD) as of March 2026. 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. Check Taiwan Pelican Express Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Taiwan Pelican Express Co Ltd - Total Assets Trend (2010–2025)
This chart illustrates how Taiwan Pelican Express Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 2642 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Taiwan Pelican Express Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Taiwan Pelican Express Co Ltd's total assets of NT$3.65 Billion consist of 32.7% current assets and 67.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 17.2% |
| Accounts Receivable | NT$593.94 Million | 14.7% |
| Inventory | NT$10.50 Million | 0.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$4.05 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2010–2025)
This chart illustrates how Taiwan Pelican Express 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. For live market cap, price, and company overview, see 2642 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Taiwan Pelican Express Co Ltd's current assets represent 32.7% of total assets in 2025, a decrease from 72.7% in 2010.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2025, down from 44.6% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 14.7% of total assets.
Taiwan Pelican Express Co Ltd Competitors by Total Assets
Key competitors of Taiwan Pelican Express Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Dalrymple Bay Infrastructure Ltd
AU:DBI
|
Australia | AU$3.55 Billion |
|
Silk Logistics Holdings Ltd
AU:SLH
|
Australia | AU$558.76 Million |
|
QUBE Holdings Ltd
AU:QUB
|
Australia | AU$6.73 Billion |
|
K & S Corporation Ltd
AU:KSC
|
Australia | AU$694.73 Million |
|
Steamships Trading Company Ltd
AU:SST
|
Australia | AU$1.92 Billion |
|
Cti Logistics Ltd
AU:CLX
|
Australia | AU$320.43 Million |
|
PRL Global Ltd
AU:PRG
|
Australia | AU$510.06 Million |
|
Wiseway Group Ltd
AU:WWG
|
Australia | AU$89.57 Million |
Taiwan Pelican Express 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 | 1.51 | 1.44 | 1.92 |
| Quick Ratio | 1.49 | 1.43 | 1.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$400.09 Million | NT$434.60 Million | NT$904.35 Million |
Taiwan Pelican Express Co Ltd - Advanced Valuation Insights
This section examines the relationship between Taiwan Pelican Express 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 | 1.08 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | NT$4.04 Billion |
| Market Capitalization | $63.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Taiwan Pelican Express Co Ltd's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Taiwan Pelican Express Co Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Taiwan Pelican Express Co Ltd (2010–2025)
The table below shows the annual total assets of Taiwan Pelican Express Co Ltd from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.04 Billion ≈ $127.43 Million |
-5.29% |
| 2024-12-31 | NT$4.27 Billion ≈ $134.55 Million |
-1.77% |
| 2023-12-31 | NT$4.35 Billion ≈ $136.97 Million |
-4.89% |
| 2022-12-31 | NT$4.57 Billion ≈ $144.01 Million |
-8.77% |
| 2021-12-31 | NT$5.01 Billion ≈ $157.86 Million |
+30.47% |
| 2020-12-31 | NT$3.84 Billion ≈ $120.99 Million |
+7.30% |
| 2019-12-31 | NT$3.58 Billion ≈ $112.77 Million |
+50.23% |
| 2018-12-31 | NT$2.38 Billion ≈ $75.06 Million |
-2.42% |
| 2017-12-31 | NT$2.44 Billion ≈ $76.93 Million |
+8.87% |
| 2016-12-31 | NT$2.24 Billion ≈ $70.66 Million |
+2.76% |
| 2015-12-31 | NT$2.18 Billion ≈ $68.77 Million |
-7.62% |
| 2014-12-31 | NT$2.36 Billion ≈ $74.44 Million |
+17.84% |
| 2013-12-31 | NT$2.01 Billion ≈ $63.17 Million |
+10.35% |
| 2012-12-31 | NT$1.82 Billion ≈ $57.25 Million |
+15.55% |
| 2011-12-31 | NT$1.57 Billion ≈ $49.54 Million |
+22.05% |
| 2010-12-31 | NT$1.29 Billion ≈ $40.59 Million |
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About Taiwan Pelican Express Co Ltd
Taiwan Pelican Express Co., Ltd. provides truck transportation, home delivery, and other professional logistic delivery services in Taiwan. It offers C2C, B2C, and C2B home-delivery services; and warehouse storage, logistics, and tally and packaging services. The company was founded in 1999 and is based in Taipei, Taiwan.