Cheer Time Enterprise Co Ltd
Cheer Time Enterprise Co., Ltd engages in the manufacturing, processing, and sales of rigid printed circuit boards (PCBs) Asia, North America, Oceania, and Europe. The company offers high density interconnect, teflon, ceramic plate, load board, aluminum plate, and rigid-flex boards; special process products, such as copper plated and blind drill PCBs, as well as VIA IN/ON PAD, tapered hole, and P… Read more
Cheer Time Enterprise Co Ltd (3229) - Total Assets
Latest total assets as of June 2025: NT$807.16 Million TWD
Based on the latest financial reports, Cheer Time Enterprise Co Ltd (3229) holds total assets worth NT$807.16 Million TWD as of June 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.
Cheer Time Enterprise Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Cheer Time Enterprise Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cheer Time Enterprise Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Cheer Time Enterprise Co Ltd's total assets of NT$807.16 Million consist of 66.3% current assets and 33.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.8% |
| Accounts Receivable | NT$216.43 Million | 25.7% |
| Inventory | NT$177.27 Million | 21.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Cheer Time Enterprise 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: Cheer Time Enterprise Co Ltd's current assets represent 66.3% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2024, down from 13.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 25.7% of total assets.
Cheer Time Enterprise Co Ltd Competitors by Total Assets
Key competitors of Cheer Time Enterprise Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Cheer Time Enterprise 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 - Cheer Time Enterprise Co Ltd generates 1.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Cheer Time Enterprise Co Ltd generates $ 1.04 in net profit.
Cheer Time Enterprise 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 | 2.65 | 2.52 | 1.81 |
| Quick Ratio | 1.91 | 1.63 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$335.23 Million | NT$ 363.87 Million | NT$ 138.49 Million |
Cheer Time Enterprise Co Ltd - Advanced Valuation Insights
This section examines the relationship between Cheer Time Enterprise 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 | 1.64 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -8.6% |
| Total Assets | NT$840.69 Million |
| Market Capitalization | $14.29 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cheer Time Enterprise Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cheer Time Enterprise Co Ltd's assets decreased by 8.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cheer Time Enterprise Co Ltd (2002–2024)
The table below shows the annual total assets of Cheer Time Enterprise Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$840.69 Million | -8.62% |
| 2023-12-31 | NT$919.98 Million | -4.45% |
| 2022-12-31 | NT$962.83 Million | +80.59% |
| 2021-12-31 | NT$533.16 Million | -17.27% |
| 2020-12-31 | NT$644.48 Million | -27.34% |
| 2019-12-31 | NT$886.97 Million | -13.86% |
| 2018-12-31 | NT$1.03 Billion | -5.23% |
| 2017-12-31 | NT$1.09 Billion | -19.81% |
| 2016-12-31 | NT$1.35 Billion | -15.39% |
| 2015-12-31 | NT$1.60 Billion | +15.72% |
| 2014-12-31 | NT$1.38 Billion | +13.46% |
| 2013-12-31 | NT$1.22 Billion | +51.18% |
| 2012-12-31 | NT$806.75 Million | -28.28% |
| 2011-12-31 | NT$1.12 Billion | -7.52% |
| 2010-12-31 | NT$1.22 Billion | -6.18% |
| 2009-12-31 | NT$1.30 Billion | -7.90% |
| 2008-12-31 | NT$1.41 Billion | +50.05% |
| 2007-12-31 | NT$938.03 Million | -14.20% |
| 2006-12-31 | NT$1.09 Billion | +49.45% |
| 2005-12-31 | NT$731.53 Million | +10.05% |
| 2004-12-31 | NT$664.72 Million | +2.38% |
| 2003-12-31 | NT$649.29 Million | +16.36% |
| 2002-12-31 | NT$557.99 Million | -- |