Song Chuan Precision Co., Ltd.
Song Chuan Precision Co., Ltd. manufactures and sells electromechanical power relays in Taiwan and internationally. It primarily offers relays, capacitors, PCB and plug-in automotive relays, industrial and general-purpose relays, and safety relays for home appliance, automotive, IT product, and other applications. The company was founded in 1974 and is headquartered in New Taipei City, Taiwan.
Song Chuan Precision Co., Ltd. (7788) - Total Assets
Latest total assets as of September 2025: NT$9.39 Billion TWD
Based on the latest financial reports, Song Chuan Precision Co., Ltd. (7788) holds total assets worth NT$9.39 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.
Song Chuan Precision Co., Ltd. - Total Assets Trend (2021–2024)
This chart illustrates how Song Chuan Precision Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Song Chuan Precision Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Song Chuan Precision Co., Ltd.'s total assets of NT$9.39 Billion consist of 59.0% current assets and 41.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 20.1% |
| Accounts Receivable | NT$1.38 Billion | 14.2% |
| Inventory | NT$1.93 Billion | 19.9% |
| 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 Song Chuan Precision Co., Ltd.'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: Song Chuan Precision Co., Ltd.'s current assets represent 59.0% of total assets in 2024, an increase from 58.8% in 2021.
- Cash Position: Cash and equivalents constituted 20.1% of total assets in 2024, up from 11.1% 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 19.9% of total assets.
Song Chuan Precision Co., Ltd. Competitors by Total Assets
Key competitors of Song Chuan Precision Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Song Chuan Precision Co., Ltd. - 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 - Song Chuan Precision Co., Ltd. generates 0.62x 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, Song Chuan Precision Co., Ltd. generates $5.21 in net profit.
Song Chuan Precision Co., Ltd. - 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 | 1.74 | 1.83 | 1.83 |
| Quick Ratio | 1.11 | 1.22 | 1.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$2.26 Billion | NT$ 2.44 Billion | NT$ 2.44 Billion |
Song Chuan Precision Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Song Chuan Precision Co., Ltd.'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 | 2.55 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 2.7% |
| Total Assets | NT$9.68 Billion |
| Market Capitalization | $214.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Song Chuan Precision Co., Ltd.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Song Chuan Precision Co., Ltd.'s assets grew by 2.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Song Chuan Precision Co., Ltd. (2021–2024)
The table below shows the annual total assets of Song Chuan Precision Co., Ltd. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.68 Billion | +2.66% |
| 2023-12-31 | NT$9.43 Billion | +4.26% |
| 2022-12-31 | NT$9.05 Billion | +8.70% |
| 2021-12-31 | NT$8.32 Billion | -- |