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. Check Promise Technology Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. Explore 3057 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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.
| 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. For live market cap, price, and company overview, see Promise Technology Inc (3057) total market value.
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 |
|---|---|---|
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
China | CN¥8.24 Billion |
|
Favite Inc
TW:3535
|
Taiwan | NT$1.65 Billion |
|
Firich Enterprises Co Ltd
TWO:8076
|
Taiwan | NT$6.36 Billion |
|
ParTec AG
XETRA:JY0
|
Germany | €81.99 Million |
|
WeConnect
PA:ALWEC
|
France | €343.77 Million |
|
333D Ltd
AU:T3D
|
Australia | AU$1.12 Million |
|
GLOBAL UAV TECHS
F:YAB
|
Germany | €162.43K |
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 | 0.04 |
| Asset Growth Rate (YoY) | -12.3% |
| Total Assets | NT$1.04 Billion |
| Market Capitalization | $37.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Promise Technology Inc's assets below their book value (0.04x), 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