Cheer Time Enterprise Co Ltd (3229) - Total Assets

Latest as of June 2025: NT$807.16 Million TWD ≈ $25.43 Million USD

Based on the latest financial reports, Cheer Time Enterprise Co Ltd (3229) holds total assets worth NT$807.16 Million TWD (≈ $25.43 Million USD) 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. Check Cheer Time Enterprise Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 Cheer Time Enterprise Co Ltd (3229) investment intensity to see how much of total assets are deployed in long-term investments.

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. For live market cap, price, and company overview, see 3229 market cap.

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
Olympic Circuit Technology Co Ltd
SHG:603920
China CN¥9.59 Billion
Elite Material Co Ltd
TW:2383
Taiwan NT$130.98 Billion
Shanghai Wanye Enterprises Co Ltd
SHG:600641
China CN¥12.26 Billion
Taiwan Union Technology
TWO:6274
Taiwan NT$44.26 Billion
Daeduck Electronics Co Ltd
KO:353200
Korea ₩1.20 Trillion
Suzhou HYC Technology Co Ltd
SHG:688001
China CN¥5.70 Billion
Electric Connector Technology Co Ltd
SHE:300679
China CN¥7.48 Billion
Wuhu Token Sciences
SHE:300088
China CN¥17.76 Billion

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 0.11
Asset Growth Rate (YoY) -8.6%
Total Assets NT$840.69 Million
Market Capitalization $89.39 Million USD

Valuation Analysis

Below Book Valuation: The market values Cheer Time Enterprise Co Ltd's assets below their book value (0.11x), 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
≈ $26.49 Million
-8.62%
2023-12-31 NT$919.98 Million
≈ $28.98 Million
-4.45%
2022-12-31 NT$962.83 Million
≈ $30.33 Million
+80.59%
2021-12-31 NT$533.16 Million
≈ $16.80 Million
-17.27%
2020-12-31 NT$644.48 Million
≈ $20.30 Million
-27.34%
2019-12-31 NT$886.97 Million
≈ $27.94 Million
-13.86%
2018-12-31 NT$1.03 Billion
≈ $32.44 Million
-5.23%
2017-12-31 NT$1.09 Billion
≈ $34.23 Million
-19.81%
2016-12-31 NT$1.35 Billion
≈ $42.69 Million
-15.39%
2015-12-31 NT$1.60 Billion
≈ $50.45 Million
+15.72%
2014-12-31 NT$1.38 Billion
≈ $43.60 Million
+13.46%
2013-12-31 NT$1.22 Billion
≈ $38.43 Million
+51.18%
2012-12-31 NT$806.75 Million
≈ $25.42 Million
-28.28%
2011-12-31 NT$1.12 Billion
≈ $35.44 Million
-7.52%
2010-12-31 NT$1.22 Billion
≈ $38.32 Million
-6.18%
2009-12-31 NT$1.30 Billion
≈ $40.84 Million
-7.90%
2008-12-31 NT$1.41 Billion
≈ $44.34 Million
+50.05%
2007-12-31 NT$938.03 Million
≈ $29.55 Million
-14.20%
2006-12-31 NT$1.09 Billion
≈ $34.44 Million
+49.45%
2005-12-31 NT$731.53 Million
≈ $23.05 Million
+10.05%
2004-12-31 NT$664.72 Million
≈ $20.94 Million
+2.38%
2003-12-31 NT$649.29 Million
≈ $20.46 Million
+16.36%
2002-12-31 NT$557.99 Million
≈ $17.58 Million
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About Cheer Time Enterprise Co Ltd

TW:3229 Taiwan Electronic Components
Market Cap
$89.39 Million
NT$2.84 Billion TWD
Market Cap Rank
#19729 Global
#1155 in Taiwan
Share Price
NT$44.15
Change (1 day)
-1.12%
52-Week Range
NT$13.40 - NT$54.40
All Time High
NT$54.40
About

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