Prime Oil Chemical Service Corp (2904) - Total Assets

Latest as of September 2025: NT$1.82 Billion TWD ≈ $57.29 Million USD

Based on the latest financial reports, Prime Oil Chemical Service Corp (2904) holds total assets worth NT$1.82 Billion TWD (≈ $57.29 Million USD) 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. See 2904 total equity for net asset value and shareholders' equity analysis.

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.

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. For live market cap, price, and company overview, see 2904 stock market capitalisation.

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
China Oilfield Services Ltd Class A
SHG:601808
China CN¥83.90 Billion
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
China CN¥2.73 Billion
Prosafe SE
OL:PRS
Norway Nkr493.30 Million
Electromagnetic Geoservices ASA
OL:EMGS
Norway Nkr10.55 Million
Thalassa Holdings Ltd
LSE:THAL
UK GBX9.29 Million
Halliburton Co
BA:HAL
Argentina AR$25.01 Billion
Worley Ltd
AU:WOR
Australia AU$10.85 Billion
S.D. STANDARD ETC DL-03
F:S1P
Germany €121.10 Million

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 0.02
Asset Growth Rate (YoY) 2.2%
Total Assets NT$1.97 Billion
Market Capitalization $34.82 Million USD

Valuation Analysis

Below Book Valuation: The market values Prime Oil Chemical Service Corp's assets below their book value (0.02x), 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
≈ $62.05 Million
+2.17%
2023-12-31 NT$1.93 Billion
≈ $60.73 Million
-12.15%
2022-12-31 NT$2.19 Billion
≈ $69.13 Million
+34.17%
2021-12-31 NT$1.64 Billion
≈ $51.53 Million
-0.16%
2020-12-31 NT$1.64 Billion
≈ $51.61 Million
+14.94%
2019-12-31 NT$1.43 Billion
≈ $44.90 Million
+12.58%
2018-12-31 NT$1.27 Billion
≈ $39.88 Million
+5.22%
2017-12-31 NT$1.20 Billion
≈ $37.90 Million
+2.92%
2016-12-31 NT$1.17 Billion
≈ $36.83 Million
+10.66%
2015-12-31 NT$1.06 Billion
≈ $33.28 Million
+1.75%
2014-12-31 NT$1.04 Billion
≈ $32.71 Million
-2.79%
2013-12-31 NT$1.07 Billion
≈ $33.65 Million
-5.05%
2012-12-31 NT$1.12 Billion
≈ $35.44 Million
-18.57%
2011-12-31 NT$1.38 Billion
≈ $43.52 Million
-48.23%
2010-12-31 NT$2.67 Billion
≈ $84.05 Million
+195.35%
2009-12-31 NT$903.30 Million
≈ $28.46 Million
-4.82%
2008-12-31 NT$949.07 Million
≈ $29.90 Million
-9.14%
2007-12-31 NT$1.04 Billion
≈ $32.91 Million
-6.32%
2006-12-31 NT$1.11 Billion
≈ $35.13 Million
-8.77%
2005-12-31 NT$1.22 Billion
≈ $38.50 Million
-10.69%
2004-12-31 NT$1.37 Billion
≈ $43.11 Million
-23.26%
2003-12-31 NT$1.78 Billion
≈ $56.18 Million
-6.05%
2002-12-31 NT$1.90 Billion
≈ $59.79 Million
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About Prime Oil Chemical Service Corp

TW:2904 Taiwan Oil & Gas Equipment & Services
Market Cap
$34.82 Million
NT$1.11 Billion TWD
Market Cap Rank
#23348 Global
#1461 in Taiwan
Share Price
NT$14.20
Change (1 day)
+1.07%
52-Week Range
NT$14.05 - NT$18.60
All Time High
NT$28.34
About

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