STARLUX AIRLINES LTD (2646) - Total Assets
Based on the latest financial reports, STARLUX AIRLINES LTD (2646) holds total assets worth NT$137.30 Billion TWD as of December 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.
STARLUX AIRLINES LTD - Total Assets Trend (2021–2025)
This chart illustrates how STARLUX AIRLINES LTD's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
STARLUX AIRLINES LTD - Asset Composition Analysis
Current Asset Composition (December 2025)
STARLUX AIRLINES LTD's total assets of NT$137.30 Billion consist of 16.3% current assets and 83.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.2% |
| Accounts Receivable | NT$1.54 Billion | 1.1% |
| Inventory | NT$2.68 Billion | 2.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how STARLUX AIRLINES 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: STARLUX AIRLINES LTD's current assets represent 16.3% of total assets in 2025, an increase from 9.4% in 2021.
- Cash Position: Cash and equivalents constituted 11.2% of total assets in 2025, up from 6.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 2.0% of total assets.
STARLUX AIRLINES LTD Competitors by Total Assets
Key competitors of STARLUX AIRLINES LTD based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
easyJet plc
OTCQX:EJTTF
|
USA | $10.91 Billion |
|
Copa Holdings SA
NYSE:CPA
|
USA | $6.58 Billion |
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.35 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$364.82 Billion |
STARLUX AIRLINES 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 | 1.11 | 1.13 | 0.68 |
| Quick Ratio | 0.97 | 1.04 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$2.16 Billion | NT$2.42 Billion | NT$-5.86 Billion |
STARLUX AIRLINES LTD - Advanced Valuation Insights
This section examines the relationship between STARLUX AIRLINES 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 | 2.01 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.3% |
| Total Assets | NT$137.30 Billion |
| Market Capitalization | $1.99 Billion USD |
Valuation Analysis
Below Book Valuation: The market values STARLUX AIRLINES LTD's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: STARLUX AIRLINES LTD's assets grew by 15.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for STARLUX AIRLINES LTD (2021–2025)
The table below shows the annual total assets of STARLUX AIRLINES LTD from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$137.30 Billion | +15.31% |
| 2024-12-31 | NT$119.06 Billion | +50.57% |
| 2023-12-31 | NT$79.08 Billion | +38.51% |
| 2022-12-31 | NT$57.09 Billion | +134.10% |
| 2021-12-31 | NT$24.39 Billion | -- |
About STARLUX AIRLINES LTD
STARLUX Airlines Co., Ltd. engages in the civil aviation transport business in Taiwan. It offers passenger and cargo transportation services. STARLUX Airlines Co., Ltd. was founded in 2018 and is based in Taipei City, Taiwan.