Prime Oil Chemical Service Corp
Prime Oil Chemical Service Corporation engages in the petrochemical shore tank storage services in Taiwan. It is also involved in the building and operation of photovoltaic power generation systems with a total installed capacity of 24.31MW. In addition, the company engages in the chemicals, oil tank storage and transportation services, general trade, solar power generation business, and commerci… Read more
Prime Oil Chemical Service Corp (2904) - Total Assets
Latest total assets as of September 2025: NT$1.82 Billion TWD
Based on the latest financial reports, Prime Oil Chemical Service Corp (2904) holds total assets worth NT$1.82 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.
Prime Oil Chemical Service Corp - Total Assets Trend (2002–2024)
This chart illustrates how Prime Oil Chemical Service Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Prime Oil Chemical Service Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Prime Oil Chemical Service Corp's total assets of NT$1.82 Billion consist of 13.6% current assets and 86.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 9.7% |
| Accounts Receivable | NT$45.98 Million | 2.3% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.51 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Prime Oil Chemical Service 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: Prime Oil Chemical Service Corp's current assets represent 13.6% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 0.7% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 2.3% of total assets.
Prime Oil Chemical Service Corp Competitors by Total Assets
Key competitors of Prime Oil Chemical Service Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Lanzhou Haimo Technologies Co
SHE:300084
|
China | CN¥2.02 Billion |
Prime Oil Chemical Service 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 - Prime Oil Chemical Service Corp generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Prime Oil Chemical Service Corp generates $5.44 in net profit.
Prime Oil Chemical Service 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 | 1.04 | 1.53 | 0.61 |
| Quick Ratio | 1.04 | 1.53 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$9.62 Million | NT$ 88.14 Million | NT$ -141.82 Million |
Prime Oil Chemical Service Corp - Advanced Valuation Insights
This section examines the relationship between Prime Oil Chemical Service 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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | NT$1.97 Billion |
| Market Capitalization | $19.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Prime Oil Chemical Service Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Prime Oil Chemical Service Corp's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Prime Oil Chemical Service Corp (2002–2024)
The table below shows the annual total assets of Prime Oil Chemical Service Corp from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion | +2.17% |
| 2023-12-31 | NT$1.93 Billion | -12.15% |
| 2022-12-31 | NT$2.19 Billion | +34.17% |
| 2021-12-31 | NT$1.64 Billion | -0.16% |
| 2020-12-31 | NT$1.64 Billion | +14.94% |
| 2019-12-31 | NT$1.43 Billion | +12.58% |
| 2018-12-31 | NT$1.27 Billion | +5.22% |
| 2017-12-31 | NT$1.20 Billion | +2.92% |
| 2016-12-31 | NT$1.17 Billion | +10.66% |
| 2015-12-31 | NT$1.06 Billion | +1.75% |
| 2014-12-31 | NT$1.04 Billion | -2.79% |
| 2013-12-31 | NT$1.07 Billion | -5.05% |
| 2012-12-31 | NT$1.12 Billion | -18.57% |
| 2011-12-31 | NT$1.38 Billion | -48.23% |
| 2010-12-31 | NT$2.67 Billion | +195.35% |
| 2009-12-31 | NT$903.30 Million | -4.82% |
| 2008-12-31 | NT$949.07 Million | -9.14% |
| 2007-12-31 | NT$1.04 Billion | -6.32% |
| 2006-12-31 | NT$1.11 Billion | -8.77% |
| 2005-12-31 | NT$1.22 Billion | -10.69% |
| 2004-12-31 | NT$1.37 Billion | -23.26% |
| 2003-12-31 | NT$1.78 Billion | -6.05% |
| 2002-12-31 | NT$1.90 Billion | -- |