Novatek Microelectronics Corp (3034) - Total Assets
Based on the latest financial reports, Novatek Microelectronics Corp (3034) holds total assets worth NT$94.07 Billion TWD (≈ $2.96 Billion 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 Novatek Microelectronics Corp shareholders equity for net asset value and shareholders' equity analysis.
Novatek Microelectronics Corp - Total Assets Trend (2002–2024)
This chart illustrates how Novatek Microelectronics Corp's total assets have evolved over time, based on quarterly financial data.
Novatek Microelectronics Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Novatek Microelectronics Corp's total assets of NT$94.07 Billion consist of 77.2% current assets and 22.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 47.6% |
| Accounts Receivable | NT$20.72 Billion | 20.2% |
| Inventory | NT$8.70 Billion | 8.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$528.73 Million | 0.5% |
| Goodwill | NT$2.08 Billion | 2.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Novatek Microelectronics 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 market value of Novatek Microelectronics Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Novatek Microelectronics Corp's current assets represent 77.2% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 47.6% of total assets in 2024, up from 26.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 20.2% of total assets.
Novatek Microelectronics Corp Competitors by Total Assets
Key competitors of Novatek Microelectronics Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NVIDIA Corporation
NASDAQ:NVDA
|
USA | $206.80 Billion |
|
Broadcom Inc
NASDAQ:AVGO
|
USA | $169.90 Billion |
|
MediaTek Inc
TW:2454
|
Taiwan | NT$743.78 Billion |
|
Shannon Semiconductor Technology Co Ltd
SHE:300475
|
China | CN¥8.98 Billion |
|
Sitime Corporation
NASDAQ:SITM
|
USA | $1.29 Billion |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
China | CN¥6.32 Billion |
|
Airoha Technology Corp
TW:6526
|
Taiwan | NT$27.98 Billion |
|
Melexis NV
BR:MELE
|
Belgium | €903.27 Million |
Novatek Microelectronics 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 | 3.38 | 3.42 | 2.57 |
| Quick Ratio | 2.94 | 2.98 | 2.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$49.86 Billion | NT$51.98 Billion | NT$27.49 Billion |
Novatek Microelectronics Corp - Advanced Valuation Insights
This section examines the relationship between Novatek Microelectronics 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 | 3.59 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | NT$102.40 Billion |
| Market Capitalization | $7.84 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Novatek Microelectronics Corp's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Novatek Microelectronics Corp's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Novatek Microelectronics Corp (2002–2024)
The table below shows the annual total assets of Novatek Microelectronics Corp from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$102.40 Billion ≈ $3.23 Billion |
-1.96% |
| 2023-12-31 | NT$104.44 Billion ≈ $3.29 Billion |
+3.87% |
| 2022-12-31 | NT$100.55 Billion ≈ $3.17 Billion |
-16.62% |
| 2021-12-31 | NT$120.59 Billion ≈ $3.80 Billion |
+107.56% |
| 2020-12-31 | NT$58.10 Billion ≈ $1.83 Billion |
+23.95% |
| 2019-12-31 | NT$46.88 Billion ≈ $1.48 Billion |
-2.48% |
| 2018-12-31 | NT$48.07 Billion ≈ $1.51 Billion |
+17.60% |
| 2017-12-31 | NT$40.88 Billion ≈ $1.29 Billion |
-1.61% |
| 2016-12-31 | NT$41.54 Billion ≈ $1.31 Billion |
+1.10% |
| 2015-12-31 | NT$41.09 Billion ≈ $1.29 Billion |
-10.53% |
| 2014-12-31 | NT$45.93 Billion ≈ $1.45 Billion |
+17.78% |
| 2013-12-31 | NT$39.00 Billion ≈ $1.23 Billion |
-1.30% |
| 2012-12-31 | NT$39.51 Billion ≈ $1.24 Billion |
+8.25% |
| 2011-12-31 | NT$36.50 Billion ≈ $1.15 Billion |
-1.52% |
| 2010-12-31 | NT$37.06 Billion ≈ $1.17 Billion |
+12.01% |
| 2009-12-31 | NT$33.09 Billion ≈ $1.04 Billion |
+28.73% |
| 2008-12-31 | NT$25.70 Billion ≈ $809.84 Million |
-4.18% |
| 2007-12-31 | NT$26.83 Billion ≈ $845.14 Million |
+11.06% |
| 2006-12-31 | NT$24.15 Billion ≈ $761.01 Million |
+19.68% |
| 2005-12-31 | NT$20.18 Billion ≈ $635.85 Million |
+52.19% |
| 2004-12-31 | NT$13.26 Billion ≈ $417.82 Million |
+49.13% |
| 2003-12-31 | NT$8.89 Billion ≈ $280.18 Million |
+56.59% |
| 2002-12-31 | NT$5.68 Billion ≈ $178.93 Million |
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About Novatek Microelectronics Corp
Novatek Microelectronics Corp., a fabless chip design company, engages in the design, development, and sale of a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally. It offers display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablets, PCs, automotive displays, smartphones, a… Read more