ZongTai Real Estate Development Co Ltd
Fu Hua Innovation Co., Ltd. engages in the development and construction of real estate properties in Taiwan. It also leases residential and commercial buildings; provides energy technology services; and operates in the restaurant industry. The company was formerly known as ZongTai Real Estate Development Co., Ltd. and changed its name to Fu Hua Innovation Co., Ltd. in July 2023. The company was f… Read more
ZongTai Real Estate Development Co Ltd (3056) - Total Assets
Latest total assets as of September 2025: NT$15.63 Billion TWD
Based on the latest financial reports, ZongTai Real Estate Development Co Ltd (3056) holds total assets worth NT$15.63 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.
ZongTai Real Estate Development Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how ZongTai Real Estate Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ZongTai Real Estate Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
ZongTai Real Estate Development Co Ltd's total assets of NT$15.63 Billion consist of 92.0% current assets and 8.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 31.2% |
| Accounts Receivable | NT$77.11 Million | 0.4% |
| Inventory | NT$9.80 Billion | 55.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.79 Million | 0.0% |
| Goodwill | NT$17.85 Million | 0.1% |
Asset Composition Trend (2002–2024)
This chart illustrates how ZongTai Real Estate Development 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: ZongTai Real Estate Development Co Ltd's current assets represent 92.0% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 31.2% of total assets in 2024, up from 3.8% 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 inventory at 55.2% of total assets.
ZongTai Real Estate Development Co Ltd Competitors by Total Assets
Key competitors of ZongTai Real Estate Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
ZongTai Real Estate Development 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
Strong asset utilization - ZongTai Real Estate Development Co Ltd generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, ZongTai Real Estate Development Co Ltd generates $ 12.33 in net profit.
ZongTai Real Estate Development 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 | 2.77 | 1.31 | 1.66 |
| Quick Ratio | 1.15 | 0.27 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$8.95 Billion | NT$ 5.50 Billion | NT$ 6.78 Billion |
ZongTai Real Estate Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between ZongTai Real Estate Development 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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -20.6% |
| Total Assets | NT$17.75 Billion |
| Market Capitalization | $157.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values ZongTai Real Estate Development Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ZongTai Real Estate Development Co Ltd's assets decreased by 20.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ZongTai Real Estate Development Co Ltd (2002–2024)
The table below shows the annual total assets of ZongTai Real Estate Development Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$17.75 Billion | -20.59% |
| 2023-12-31 | NT$22.36 Billion | +7.34% |
| 2022-12-31 | NT$20.83 Billion | +2.91% |
| 2021-12-31 | NT$20.24 Billion | +14.17% |
| 2020-12-31 | NT$17.73 Billion | +24.80% |
| 2019-12-31 | NT$14.21 Billion | +46.99% |
| 2018-12-31 | NT$9.66 Billion | -7.78% |
| 2017-12-31 | NT$10.48 Billion | +24.63% |
| 2016-12-31 | NT$8.41 Billion | -20.69% |
| 2015-12-31 | NT$10.60 Billion | +9.86% |
| 2014-12-31 | NT$9.65 Billion | +19.43% |
| 2013-12-31 | NT$8.08 Billion | +18.29% |
| 2012-12-31 | NT$6.83 Billion | +77.19% |
| 2011-12-31 | NT$3.86 Billion | +117.69% |
| 2010-12-31 | NT$1.77 Billion | +136.11% |
| 2009-12-31 | NT$750.02 Million | -0.22% |
| 2008-12-31 | NT$751.68 Million | +57.42% |
| 2007-12-31 | NT$477.50 Million | +40.35% |
| 2006-12-31 | NT$340.23 Million | -28.73% |
| 2005-12-31 | NT$477.37 Million | -20.79% |
| 2004-12-31 | NT$602.64 Million | -2.43% |
| 2003-12-31 | NT$617.67 Million | +25.11% |
| 2002-12-31 | NT$493.71 Million | -- |