First Insurance Co Ltd
The First Insurance Co., Ltd. engages in the provision of a range of insurance products and related services in Taiwan. It offers insurance products, including residential and commercial fire; inland and cargo transportation; hull; fishing boat insurance; aviation; general personal car and general commercial auto property damage insurance; liability insurance products comprising general commercia… Read more
First Insurance Co Ltd (2852) - Total Assets
Latest total assets as of September 2025: NT$18.11 Billion TWD
Based on the latest financial reports, First Insurance Co Ltd (2852) holds total assets worth NT$18.11 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.
First Insurance Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how First Insurance Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Insurance Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
First Insurance Co Ltd's total assets of NT$18.11 Billion consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.6% |
| Accounts Receivable | NT$963.25 Million | 4.9% |
| Inventory | NT$-12.53 Billion | -63.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$21.14 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how First Insurance 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Insurance Co Ltd's current assets represent 4.9% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 11.6% of total assets in 2024, down from 33.4% 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 4.9% of total assets.
First Insurance Co Ltd Competitors by Total Assets
Key competitors of First Insurance Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
First Insurance Co Ltd - 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 - First Insurance Co Ltd generates 0.40x 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, First Insurance Co Ltd generates $ 4.58 in net profit.
First Insurance 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 | 2.13 | 7.88 | 8.86 |
| Quick Ratio | 2.13 | 7.88 | 8.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$4.40 Billion | NT$ 3.84 Billion | NT$ 3.64 Billion |
First Insurance Co Ltd - Advanced Valuation Insights
This section examines the relationship between First Insurance 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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | NT$19.71 Billion |
| Market Capitalization | $188.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Insurance Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Insurance Co Ltd's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Insurance Co Ltd (2000–2024)
The table below shows the annual total assets of First Insurance Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$19.71 Billion | +2.38% |
| 2023-12-31 | NT$19.25 Billion | +9.04% |
| 2022-12-31 | NT$17.65 Billion | +4.70% |
| 2021-12-31 | NT$16.86 Billion | +5.21% |
| 2020-12-31 | NT$16.03 Billion | +1.07% |
| 2019-12-31 | NT$15.86 Billion | +0.82% |
| 2018-12-31 | NT$15.73 Billion | +4.92% |
| 2017-12-31 | NT$14.99 Billion | +0.09% |
| 2016-12-31 | NT$14.98 Billion | +6.46% |
| 2015-12-31 | NT$14.07 Billion | +3.67% |
| 2014-12-31 | NT$13.57 Billion | -0.61% |
| 2013-12-31 | NT$13.65 Billion | +2.48% |
| 2012-12-31 | NT$13.32 Billion | +2.91% |
| 2011-12-31 | NT$12.95 Billion | -2.29% |
| 2010-12-31 | NT$13.25 Billion | +4.46% |
| 2009-12-31 | NT$12.68 Billion | +11.89% |
| 2008-12-31 | NT$11.34 Billion | +10.78% |
| 2007-12-31 | NT$10.23 Billion | +4.57% |
| 2006-12-31 | NT$9.79 Billion | +10.63% |
| 2005-12-31 | NT$8.85 Billion | +0.81% |
| 2004-12-31 | NT$8.78 Billion | +9.86% |
| 2002-12-31 | NT$7.99 Billion | -2.97% |
| 2001-12-31 | NT$8.23 Billion | +13.19% |
| 2000-12-31 | NT$7.27 Billion | -- |