PlayNitride Inc.
PlayNitride Inc. engages in the research and development, manufacture, and sale of MicroLED display products, modules, and panels in Taiwan, Korea, and internationally. The company also offers design, installation, and maintenance of processing equipment; consulting services; and licensing of technologies. Its MicroLED products are used in large displays, medium and small displays, and flexible d… Read more
PlayNitride Inc. (6854) - Total Assets
Latest total assets as of December 2025: NT$5.17 Billion TWD
Based on the latest financial reports, PlayNitride Inc. (6854) holds total assets worth NT$5.17 Billion TWD as of December 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.
PlayNitride Inc. - Total Assets Trend (2020–2025)
This chart illustrates how PlayNitride Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PlayNitride Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
PlayNitride Inc.'s total assets of NT$5.17 Billion consist of 84.7% current assets and 15.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 42.9% |
| Accounts Receivable | NT$1.09 Billion | 21.2% |
| Inventory | NT$585.95 Million | 11.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$13.97 Million | 0.3% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how PlayNitride Inc.'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: PlayNitride Inc.'s current assets represent 84.7% of total assets in 2025, an increase from 65.0% in 2020.
- Cash Position: Cash and equivalents constituted 42.9% of total assets in 2025, down from 57.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 21.2% of total assets.
PlayNitride Inc. Competitors by Total Assets
Key competitors of PlayNitride Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
PlayNitride Inc. - 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 - PlayNitride Inc. generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - PlayNitride Inc. is currently not profitable relative to its asset base.
PlayNitride Inc. - 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 | 10.01 | 4.19 | 8.93 |
| Quick Ratio | 8.67 | 3.41 | 8.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.94 Billion | NT$ 1.38 Billion | NT$ 1.95 Billion |
PlayNitride Inc. - Advanced Valuation Insights
This section examines the relationship between PlayNitride Inc.'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 | 4.10 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 101.0% |
| Total Assets | NT$5.17 Billion |
| Market Capitalization | $241.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values PlayNitride Inc.'s assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: PlayNitride Inc.'s assets grew by 101.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PlayNitride Inc. (2020–2025)
The table below shows the annual total assets of PlayNitride Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.17 Billion | +100.96% |
| 2024-12-31 | NT$2.57 Billion | +12.02% |
| 2023-12-31 | NT$2.30 Billion | -21.84% |
| 2022-12-31 | NT$2.94 Billion | +8.87% |
| 2021-12-31 | NT$2.70 Billion | +15.41% |
| 2020-12-31 | NT$2.34 Billion | -- |