China Bills Finance Corp
China Bills Finance Corporation provides various financial services in Taiwan. The company engages in the certification and underwriting of short-term bills and bank debentures; brokerage and trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; and provision of financial consulting services to enterprises. It is also invol… Read more
China Bills Finance Corp (2820) - Total Assets
Latest total assets as of September 2025: NT$256.99 Billion TWD
Based on the latest financial reports, China Bills Finance Corp (2820) holds total assets worth NT$256.99 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.
China Bills Finance Corp - Total Assets Trend (2006–2024)
This chart illustrates how China Bills Finance Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Bills Finance Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
China Bills Finance Corp's total assets of NT$256.99 Billion consist of 0.7% current assets and 99.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 0.4% |
| Accounts Receivable | NT$988.67 Million | 0.4% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how China Bills Finance 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: China Bills Finance Corp's current assets represent 0.7% of total assets in 2024, a decrease from 2.3% in 2006.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 1.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
China Bills Finance Corp Competitors by Total Assets
Key competitors of China Bills Finance Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MGT Capital Investments Inc
PINK:MGTI
|
USA | $36.00K |
|
XTRA Bitcoin Inc
PINK:CBTC
|
USA | $109.64K |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
China Bills Finance 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
Lower asset utilization - China Bills Finance Corp generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Bills Finance Corp generates $ 0.54 in net profit.
China Bills Finance 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 | 0.04 | 0.03 | 0.16 |
| Quick Ratio | 0.04 | 0.03 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-34.60 Billion | NT$ -48.28 Billion | NT$ -5.52 Billion |
China Bills Finance Corp - Advanced Valuation Insights
This section examines the relationship between China Bills Finance 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 | 0.84 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.7% |
| Total Assets | NT$252.73 Billion |
| Market Capitalization | $444.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values China Bills Finance Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: China Bills Finance Corp's assets grew by 13.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Bills Finance Corp (2006–2024)
The table below shows the annual total assets of China Bills Finance Corp from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$252.73 Billion | +13.66% |
| 2023-12-31 | NT$222.36 Billion | +7.08% |
| 2022-12-31 | NT$207.66 Billion | -9.21% |
| 2021-12-31 | NT$228.73 Billion | +4.79% |
| 2020-12-31 | NT$218.28 Billion | +10.50% |
| 2019-12-31 | NT$197.54 Billion | -1.00% |
| 2018-12-31 | NT$199.53 Billion | -9.47% |
| 2017-12-31 | NT$220.41 Billion | +8.40% |
| 2016-12-31 | NT$203.34 Billion | -2.04% |
| 2015-12-31 | NT$207.58 Billion | +22.17% |
| 2014-12-31 | NT$169.92 Billion | -9.78% |
| 2013-12-31 | NT$188.34 Billion | +7.83% |
| 2012-12-31 | NT$174.66 Billion | +1.04% |
| 2011-12-31 | NT$172.87 Billion | +7.98% |
| 2010-12-31 | NT$160.10 Billion | +3.27% |
| 2009-12-31 | NT$155.02 Billion | -4.45% |
| 2008-12-31 | NT$162.24 Billion | -7.07% |
| 2007-12-31 | NT$174.58 Billion | -16.64% |
| 2006-12-31 | NT$209.43 Billion | -- |