Polaris Group
Polaris Group, together with its subsidiaries, offers biotechnology, drug testing, and contract development and manufacturing services. The company engages in the research, development, manufacture and sale of new drugs. It develops ADI-PEG 20 for the treatment of various cancer indications, as well as provides healthcare consulting, staffing, and MDS solutions. The company was incorporated in 20… Read more
Polaris Group (6550) - Total Assets
Latest total assets as of September 2025: NT$8.18 Billion TWD
Based on the latest financial reports, Polaris Group (6550) holds total assets worth NT$8.18 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.
Polaris Group - Total Assets Trend (2016–2024)
This chart illustrates how Polaris Group’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Polaris Group - Asset Composition Analysis
Current Asset Composition (December 2024)
Polaris Group's total assets of NT$8.18 Billion consist of 36.6% current assets and 63.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 21.4% |
| Accounts Receivable | NT$24.49 Million | 0.3% |
| Inventory | NT$67.38 Million | 0.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.43 Billion | 15.7% |
| Goodwill | NT$755.42 Million | 8.3% |
Asset Composition Trend (2016–2024)
This chart illustrates how Polaris Group'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: Polaris Group's current assets represent 36.6% of total assets in 2024, an increase from 19.0% in 2016.
- Cash Position: Cash and equivalents constituted 21.4% of total assets in 2024, up from 18.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 15.7% of total assets.
Polaris Group Competitors by Total Assets
Key competitors of Polaris Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Polaris Group - 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
Lower asset utilization - Polaris Group generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Polaris Group is currently not profitable relative to its asset base.
Polaris Group - 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 | 1.30 | 6.67 | 12.72 |
| Quick Ratio | 1.24 | 6.52 | 12.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$538.82 Million | NT$ 2.40 Billion | NT$ 5.89 Billion |
Polaris Group - Advanced Valuation Insights
This section examines the relationship between Polaris Group'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 | 6.24 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | NT$9.09 Billion |
| Market Capitalization | $258.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Polaris Group's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Polaris Group's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Polaris Group (2016–2024)
The table below shows the annual total assets of Polaris Group from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.09 Billion | -0.08% |
| 2023-12-31 | NT$9.10 Billion | -1.32% |
| 2022-12-31 | NT$9.22 Billion | +17.86% |
| 2021-12-31 | NT$7.82 Billion | +132.64% |
| 2020-12-31 | NT$3.36 Billion | -18.11% |
| 2019-12-31 | NT$4.11 Billion | +107.83% |
| 2018-12-31 | NT$1.98 Billion | -11.08% |
| 2017-12-31 | NT$2.22 Billion | +12.77% |
| 2016-12-31 | NT$1.97 Billion | -- |