Elite Advanced Laser Corp
Elite Advanced Laser Corporation provides electronic manufacturing services in Taiwan. It offers assembly and testing services for optoelectronic, optical information, and sensors and power amplifiers. The company also provides visible laser diodes. Elite Advanced Laser Corporation was founded in 2000 and is headquartered in New Taipei City, Taiwan.
Elite Advanced Laser Corp (3450) - Total Assets
Latest total assets as of September 2025: NT$12.52 Billion TWD
Based on the latest financial reports, Elite Advanced Laser Corp (3450) holds total assets worth NT$12.52 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.
Elite Advanced Laser Corp - Total Assets Trend (2004–2024)
This chart illustrates how Elite Advanced Laser Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elite Advanced Laser Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Elite Advanced Laser Corp's total assets of NT$12.52 Billion consist of 57.4% current assets and 42.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 28.2% |
| Accounts Receivable | NT$2.09 Billion | 18.7% |
| Inventory | NT$671.93 Million | 6.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$3.95 Million | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Elite Advanced Laser Corp'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: Elite Advanced Laser Corp's current assets represent 57.4% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 28.2% of total assets in 2024, up from 12.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 18.7% of total assets.
Elite Advanced Laser Corp Competitors by Total Assets
Key competitors of Elite Advanced Laser Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥123.12 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
Elite Advanced Laser Corp - 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
Moderate asset utilization - Elite Advanced Laser Corp generates 0.68x 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, Elite Advanced Laser Corp generates $ 4.99 in net profit.
Elite Advanced Laser Corp - 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 | 1.89 | 2.23 | 2.16 |
| Quick Ratio | 1.59 | 2.01 | 2.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.34 Billion | NT$ 2.97 Billion | NT$ 2.35 Billion |
Elite Advanced Laser Corp - Advanced Valuation Insights
This section examines the relationship between Elite Advanced Laser Corp'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 | 8.35 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 24.7% |
| Total Assets | NT$11.15 Billion |
| Market Capitalization | $1.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Elite Advanced Laser Corp's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Elite Advanced Laser Corp's assets grew by 24.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Elite Advanced Laser Corp (2004–2024)
The table below shows the annual total assets of Elite Advanced Laser Corp from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.15 Billion | +24.68% |
| 2023-12-31 | NT$8.94 Billion | -12.06% |
| 2022-12-31 | NT$10.17 Billion | +2.39% |
| 2021-12-31 | NT$9.93 Billion | +19.56% |
| 2020-12-31 | NT$8.31 Billion | +5.46% |
| 2019-12-31 | NT$7.88 Billion | -6.02% |
| 2018-12-31 | NT$8.38 Billion | +9.47% |
| 2017-12-31 | NT$7.66 Billion | -4.81% |
| 2016-12-31 | NT$8.04 Billion | +18.56% |
| 2015-12-31 | NT$6.78 Billion | +31.01% |
| 2014-12-31 | NT$5.18 Billion | +4.21% |
| 2013-12-31 | NT$4.97 Billion | +13.71% |
| 2012-12-31 | NT$4.37 Billion | +96.76% |
| 2011-12-31 | NT$2.22 Billion | -1.91% |
| 2010-12-31 | NT$2.26 Billion | +22.20% |
| 2009-12-31 | NT$1.85 Billion | -9.58% |
| 2008-12-31 | NT$2.05 Billion | +6.44% |
| 2007-12-31 | NT$1.93 Billion | +9.29% |
| 2006-12-31 | NT$1.76 Billion | -4.72% |
| 2004-12-31 | NT$1.85 Billion | -- |