Tricorntech Corporation
TricornTech Corporation manufactures and sells gas detection and pollution prevention equipment in Taiwan. It offers volatile organic compounds (VOC) analyzers for semiconductors, VOC analyzers, mobile sampling cart, and multi-channel smart integrated systems; environment-specific VOC analyzers; and special analyzers for soil and groundwater contamination application. The company was founded in 2… Read more
Tricorntech Corporation (6909) - Total Assets
Latest total assets as of September 2025: NT$1.16 Billion TWD
Based on the latest financial reports, Tricorntech Corporation (6909) holds total assets worth NT$1.16 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.
Tricorntech Corporation - Total Assets Trend (2021–2024)
This chart illustrates how Tricorntech Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tricorntech Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Tricorntech Corporation's total assets of NT$1.16 Billion consist of 87.4% current assets and 12.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 42.5% |
| Accounts Receivable | NT$52.26 Million | 5.2% |
| Inventory | NT$105.44 Million | 10.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Tricorntech Corporation'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: Tricorntech Corporation's current assets represent 87.4% of total assets in 2024, an increase from 83.3% in 2021.
- Cash Position: Cash and equivalents constituted 42.5% of total assets in 2024, up from 24.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 10.5% of total assets.
Tricorntech Corporation Competitors by Total Assets
Key competitors of Tricorntech Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Tricorntech Corporation - 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 - Tricorntech Corporation generates 0.49x 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, Tricorntech Corporation generates $9.30 in net profit.
Tricorntech Corporation - 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 | 7.54 | 7.59 | 6.78 |
| Quick Ratio | 6.62 | 6.59 | 5.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$893.46 Million | NT$ 658.99 Million | NT$ 613.37 Million |
Tricorntech Corporation - Advanced Valuation Insights
This section examines the relationship between Tricorntech Corporation'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 | 2.50 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | NT$1.00 Billion |
| Market Capitalization | $68.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tricorntech Corporation's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tricorntech Corporation's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tricorntech Corporation (2021–2024)
The table below shows the annual total assets of Tricorntech Corporation from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.00 Billion | +10.26% |
| 2023-12-31 | NT$910.11 Million | +8.95% |
| 2022-12-31 | NT$835.36 Million | +43.76% |
| 2021-12-31 | NT$581.09 Million | -- |