FOSITEK CORP
Fositek Corp. engages in the design and manufacturing of various metal stamping products in Asia, the United States, and Europe. It offers hinge of foldable cell phones, laptops, tablets, AR/VR glasses, and medical instruments, as well as for automobile applications. The company was founded in 1990 and is based in New Taipei City, Taiwan.
FOSITEK CORP (6805) - Total Assets
Latest total assets as of September 2025: NT$12.35 Billion TWD
Based on the latest financial reports, FOSITEK CORP (6805) holds total assets worth NT$12.35 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.
FOSITEK CORP - Total Assets Trend (2017–2024)
This chart illustrates how FOSITEK CORP’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FOSITEK CORP - Asset Composition Analysis
Current Asset Composition (December 2024)
FOSITEK CORP's total assets of NT$12.35 Billion consist of 91.4% current assets and 8.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 49.7% |
| Accounts Receivable | NT$2.17 Billion | 17.0% |
| Inventory | NT$2.90 Billion | 22.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$18.38 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how FOSITEK 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: FOSITEK CORP's current assets represent 91.4% of total assets in 2024, an increase from 86.8% in 2017.
- Cash Position: Cash and equivalents constituted 49.7% of total assets in 2024, down from 49.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 22.7% of total assets.
FOSITEK CORP Competitors by Total Assets
Key competitors of FOSITEK CORP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
FOSITEK 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 - FOSITEK CORP generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, FOSITEK CORP generates $9.62 in net profit.
FOSITEK 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 | 2.02 | 2.20 | 1.31 |
| Quick Ratio | 1.59 | 1.83 | 0.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$5.65 Billion | NT$ 4.82 Billion | NT$ 784.32 Million |
FOSITEK CORP - Advanced Valuation Insights
This section examines the relationship between FOSITEK 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 | 17.11 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 42.9% |
| Total Assets | NT$12.76 Billion |
| Market Capitalization | $2.85 Billion USD |
Valuation Analysis
Below Book Valuation: The market values FOSITEK CORP's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FOSITEK CORP's assets grew by 42.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FOSITEK CORP (2017–2024)
The table below shows the annual total assets of FOSITEK CORP from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.76 Billion | +42.87% |
| 2023-12-31 | NT$8.93 Billion | +56.57% |
| 2022-12-31 | NT$5.70 Billion | +17.84% |
| 2021-12-31 | NT$4.84 Billion | +71.08% |
| 2020-12-31 | NT$2.83 Billion | +156.16% |
| 2019-12-31 | NT$1.10 Billion | +47.18% |
| 2018-12-31 | NT$750.34 Million | +12.44% |
| 2017-12-31 | NT$667.32 Million | -- |