Applied BioCode
Applied BioCode Corporation designs, develops, and commercializes multiplex diagnostic testing products in California. Its products include the BioCode MDx 3000 system, an automated molecular diagnostic system that automates the detection steps, PCR amplification, and hybridization and target capture; and the BioCode 2500 analyzer, a system that reads each barcode and quantifies the BMB target us… Read more
Applied BioCode (6598) - Total Assets
Latest total assets as of September 2025: NT$1.03 Billion TWD
Based on the latest financial reports, Applied BioCode (6598) holds total assets worth NT$1.03 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.
Applied BioCode - Total Assets Trend (2012–2024)
This chart illustrates how Applied BioCode’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Applied BioCode - Asset Composition Analysis
Current Asset Composition (December 2024)
Applied BioCode's total assets of NT$1.03 Billion consist of 90.9% current assets and 9.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 49.9% |
| Accounts Receivable | NT$45.02 Million | 3.7% |
| Inventory | NT$190.07 Million | 15.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.80 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Applied BioCode'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: Applied BioCode's current assets represent 90.9% of total assets in 2024, an increase from 68.7% in 2012.
- Cash Position: Cash and equivalents constituted 49.9% of total assets in 2024, down from 53.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 15.7% of total assets.
Applied BioCode Competitors by Total Assets
Key competitors of Applied BioCode based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Applied BioCode - 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 - Applied BioCode generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Applied BioCode is currently not profitable relative to its asset base.
Applied BioCode - 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 | 7.96 | 11.30 | 13.12 |
| Quick Ratio | 6.41 | 9.37 | 11.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$767.13 Million | NT$ 1.03 Billion | NT$ 943.27 Million |
Applied BioCode - Advanced Valuation Insights
This section examines the relationship between Applied BioCode'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 | 3.60 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 22.3% |
| Total Assets | NT$1.21 Billion |
| Market Capitalization | $56.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Applied BioCode's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Applied BioCode's assets grew by 22.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Applied BioCode (2012–2024)
The table below shows the annual total assets of Applied BioCode from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.21 Billion | +22.32% |
| 2023-12-31 | NT$993.21 Million | -18.08% |
| 2022-12-31 | NT$1.21 Billion | +18.99% |
| 2021-12-31 | NT$1.02 Billion | -16.97% |
| 2020-12-31 | NT$1.23 Billion | +70.68% |
| 2019-12-31 | NT$719.01 Million | +39.87% |
| 2018-12-31 | NT$514.07 Million | +52.62% |
| 2017-12-31 | NT$336.83 Million | -29.65% |
| 2016-12-31 | NT$478.77 Million | +53.95% |
| 2015-12-31 | NT$310.99 Million | -12.31% |
| 2014-12-31 | NT$354.66 Million | +82.29% |
| 2013-12-31 | NT$194.56 Million | -26.02% |
| 2012-12-31 | NT$262.99 Million | -- |