Promise Technology Inc (3057) - Total Assets
Based on the latest financial reports, Promise Technology Inc (3057) holds total assets worth NT$868.91 Million TWD (≈ $27.38 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.
Promise Technology Inc - Total Assets Trend (2000–2024)
This chart illustrates how Promise Technology Inc's total assets have evolved over time, based on quarterly financial data. Also see how much is Promise Technology Inc worth for the company's overall valuation and market capitalisation.
Promise Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Promise Technology Inc's total assets of NT$868.91 Million consist of 74.2% current assets and 25.8% non-current assets. Review Promise Technology Inc debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 34.8% |
| Accounts Receivable | NT$65.68 Million | 6.3% |
| Inventory | NT$326.48 Million | 31.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$13.23 Million | 1.3% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Promise Technology Inc'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. See latest Promise Technology Inc stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Promise Technology Inc's current assets represent 74.2% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 34.8% of total assets in 2024, up from 24.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 31.3% of total assets.
Promise Technology Inc Competitors by Total Assets
Key competitors of Promise Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415
|
China | CN¥137.69 Billion |
|
Chicony Electronics Co Ltd
TW:2385
|
Taiwan | NT$110.23 Billion |
|
Robotis Co.Ltd
KQ:108490
|
Korea | ₩372.09 Billion |
|
Toyou Feiji Electronics Co Ltd
SHE:300302
|
China | CN¥2.02 Billion |
|
FIC Global Inc
TW:3701
|
Taiwan | NT$13.33 Billion |
|
Laon People Inc.
KQ:300120
|
Korea | ₩139.12 Billion |
|
Rocketdna Ltd
AU:RKT
|
Australia | AU$11.39 Million |
|
333D Ltd
AU:T3D
|
Australia | AU$1.12 Million |
Promise Technology Inc - 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 | 3.07 | 2.35 | 2.05 |
| Quick Ratio | 1.75 | 1.35 | 1.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$495.26 Million | NT$455.33 Million | NT$609.35 Million |
Promise Technology Inc - Advanced Valuation Insights
This section examines the relationship between Promise Technology Inc'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 | 1.65 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -12.3% |
| Total Assets | NT$1.04 Billion |
| Market Capitalization | $31.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Promise Technology Inc's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Promise Technology Inc's assets decreased by 12.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Promise Technology Inc (2000–2024)
The table below shows the annual total assets of Promise Technology Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.04 Billion ≈ $32.83 Million |
-12.34% |
| 2023-12-31 | NT$1.19 Billion ≈ $37.45 Million |
-6.71% |
| 2022-12-31 | NT$1.27 Billion ≈ $40.14 Million |
-8.96% |
| 2021-12-31 | NT$1.40 Billion ≈ $44.09 Million |
-10.65% |
| 2020-12-31 | NT$1.57 Billion ≈ $49.34 Million |
-17.50% |
| 2019-12-31 | NT$1.90 Billion ≈ $59.81 Million |
-11.89% |
| 2018-12-31 | NT$2.15 Billion ≈ $67.89 Million |
-3.91% |
| 2017-12-31 | NT$2.24 Billion ≈ $70.65 Million |
-18.63% |
| 2016-12-31 | NT$2.76 Billion ≈ $86.83 Million |
-11.11% |
| 2015-12-31 | NT$3.10 Billion ≈ $97.69 Million |
-9.50% |
| 2014-12-31 | NT$3.43 Billion ≈ $107.94 Million |
+6.74% |
| 2013-12-31 | NT$3.21 Billion ≈ $101.12 Million |
+13.08% |
| 2012-12-31 | NT$2.84 Billion ≈ $89.42 Million |
-7.40% |
| 2011-12-31 | NT$3.07 Billion ≈ $96.57 Million |
-7.81% |
| 2010-12-31 | NT$3.33 Billion ≈ $104.76 Million |
+47.35% |
| 2009-12-31 | NT$2.26 Billion ≈ $71.09 Million |
+6.11% |
| 2008-12-31 | NT$2.13 Billion ≈ $67.00 Million |
+2.31% |
| 2007-12-31 | NT$2.08 Billion ≈ $65.48 Million |
+9.15% |
| 2006-12-31 | NT$1.90 Billion ≈ $60.00 Million |
+4.66% |
| 2005-12-31 | NT$1.82 Billion ≈ $57.32 Million |
+1.90% |
| 2004-12-31 | NT$1.79 Billion ≈ $56.26 Million |
-10.48% |
| 2003-12-31 | NT$1.99 Billion ≈ $62.84 Million |
+18.17% |
| 2002-12-31 | NT$1.69 Billion ≈ $53.18 Million |
+29.70% |
| 2001-12-31 | NT$1.30 Billion ≈ $41.00 Million |
+41.69% |
| 2000-12-31 | NT$918.51 Million ≈ $28.94 Million |
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About Promise Technology Inc
Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; and Vess storage appliances for IP video surveillance installations. The company also provides Pegasus, a solution for the storage industry; and SAN… Read more