Shin Foong Specialty and Applied Materials Co
Shin Foong Specialty and Applied Materials Co., Ltd. manufactures and sells synthetic latex products in Taiwan. The company offers synthetic SBR and NBR rubber latex products; acrylic products; and bio-latex, a water-based non-toxic apply to color layer of thermal paper. Its products are used in various applications, such as medical and healthcare, adhesives, building and construction, energy, an… Read more
Shin Foong Specialty and Applied Materials Co (6582) - Total Assets
Latest total assets as of September 2025: NT$6.38 Billion TWD
Based on the latest financial reports, Shin Foong Specialty and Applied Materials Co (6582) holds total assets worth NT$6.38 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.
Shin Foong Specialty and Applied Materials Co - Total Assets Trend (2013–2024)
This chart illustrates how Shin Foong Specialty and Applied Materials Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shin Foong Specialty and Applied Materials Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Shin Foong Specialty and Applied Materials Co's total assets of NT$6.38 Billion consist of 15.3% current assets and 84.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.9% |
| Accounts Receivable | NT$287.04 Million | 4.4% |
| Inventory | NT$235.83 Million | 3.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Shin Foong Specialty and Applied Materials Co'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: Shin Foong Specialty and Applied Materials Co's current assets represent 15.3% of total assets in 2024, a decrease from 30.9% in 2013.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2024, up from 0.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 4.4% of total assets.
Shin Foong Specialty and Applied Materials Co Competitors by Total Assets
Key competitors of Shin Foong Specialty and Applied Materials Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chinyang Hold
KO:100250
|
Korea | ₩686.19 Billion |
|
DL Holdings Co Ltd Preferred
KO:000215
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
Shin Foong Specialty and Applied Materials Co - 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 - Shin Foong Specialty and Applied Materials Co generates 0.26x 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, Shin Foong Specialty and Applied Materials Co generates $ 1.60 in net profit.
Shin Foong Specialty and Applied Materials Co - 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 | 2.59 | 2.43 | 3.29 |
| Quick Ratio | 2.17 | 1.88 | 3.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$326.26 Million | NT$ 591.67 Million | NT$ 2.56 Billion |
Shin Foong Specialty and Applied Materials Co - Advanced Valuation Insights
This section examines the relationship between Shin Foong Specialty and Applied Materials Co'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 | 0.56 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | NT$6.54 Billion |
| Market Capitalization | $26.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shin Foong Specialty and Applied Materials Co's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shin Foong Specialty and Applied Materials Co's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shin Foong Specialty and Applied Materials Co (2013–2024)
The table below shows the annual total assets of Shin Foong Specialty and Applied Materials Co from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.54 Billion | +4.95% |
| 2023-12-31 | NT$6.24 Billion | -3.78% |
| 2022-12-31 | NT$6.48 Billion | -25.78% |
| 2021-12-31 | NT$8.73 Billion | +46.38% |
| 2020-12-31 | NT$5.96 Billion | +44.76% |
| 2019-12-31 | NT$4.12 Billion | +10.64% |
| 2018-12-31 | NT$3.72 Billion | +5.57% |
| 2017-12-31 | NT$3.53 Billion | +17.10% |
| 2016-12-31 | NT$3.01 Billion | +10.67% |
| 2015-12-31 | NT$2.72 Billion | +12.00% |
| 2014-12-31 | NT$2.43 Billion | +4.78% |
| 2013-12-31 | NT$2.32 Billion | -- |