Choice Development Inc (9929) - Total Assets

Latest as of September 2025: NT$1.79 Billion TWD ≈ $56.43 Million USD

Based on the latest financial reports, Choice Development Inc (9929) holds total assets worth NT$1.79 Billion TWD (≈ $56.43 Million USD) 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.

Choice Development Inc - Total Assets Trend (2002–2024)

This chart illustrates how Choice Development Inc's total assets have evolved over time, based on quarterly financial data. Also see 9929 market cap overview for the company's overall valuation and market capitalisation.

Choice Development Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Choice Development Inc's total assets of NT$1.79 Billion consist of 29.3% current assets and 70.7% non-current assets. Review 9929 total debt and obligations to assess the company's total debt and financial obligations.

Asset Category	Amount (TWD)	% of Total Assets
Cash & Equivalents	NT$0.00	15.4%
Accounts Receivable	NT$103.80 Million	5.2%
Inventory	NT$46.47 Million	2.3%
Property, Plant & Equipment	NT$0.00	0.0%
Intangible Assets	NT$0.00	0.0%
Goodwill	NT$0.00	0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how Choice Development 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. See Choice Development Inc share price for real-time trading data and today's change.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Choice Development Inc's current assets represent 29.3% of total assets in 2024, an increase from 0.0% in 2002.
Cash Position: Cash and equivalents constituted 15.4% of total assets in 2024, up from 3.1% in 2002.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2002.
Asset Diversification: The largest asset category is accounts receivable at 5.2% of total assets.

Choice Development Inc Competitors by Total Assets

Key competitors of Choice Development Inc based on total assets are shown below.

Company	Country	Total Assets
Smartgroup Corporation Ltd AU:SIQ	Australia	AU$714.40 Million
Mader Group Ltd AU:MAD	Australia	AU$350.75 Million
Dark Horse Beijing Technology Co Ltd SHE:300688	China	CN¥545.11 Million
PDS Limited NSE:PDSL	India	Rs49.06 Billion
Diversified Royalty Corp TO:DIV	Canada	CA$1.08 Billion
Xuchang Ketop Testing Research Ins SHE:003008	China	CN¥1.10 Billion
Kelly Partners Group Holdings Ltd AU:KPG	Australia	AU$233.63 Million
Whitestone Group BR:ROCK	Belgium	€74.19 Million

Choice Development 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	1.49	1.48	1.01
Quick Ratio	1.36	1.35	0.89
Cash Ratio	0.00	0.00	0.00
Working Capital	NT$162.89 Million	NT$181.63 Million	NT$2.49 Million

Choice Development Inc - Advanced Valuation Insights

This section examines the relationship between Choice Development 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	1.37
Latest Market Cap to Assets Ratio	0.02
Asset Growth Rate (YoY)	-8.5%
Total Assets	NT$2.00 Billion
Market Capitalization	$35.10 Million USD

Valuation Analysis

Below Book Valuation: The market values Choice Development Inc's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Choice Development Inc's assets decreased by 8.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Choice Development Inc (2002–2024)

The table below shows the annual total assets of Choice Development Inc from 2002 to 2024.

Year	Total Assets	Change
2024-12-31	NT$2.00 Billion ≈ $63.00 Million	-8.49%
2023-12-31	NT$2.19 Billion ≈ $68.84 Million	+54.25%
2022-12-31	NT$1.42 Billion ≈ $44.63 Million	-29.46%
2021-12-31	NT$2.01 Billion ≈ $63.27 Million	-8.20%
2020-12-31	NT$2.19 Billion ≈ $68.92 Million	-43.80%
2019-12-31	NT$3.89 Billion ≈ $122.62 Million	+77.61%
2018-12-31	NT$2.19 Billion ≈ $69.04 Million	+60.00%
2017-12-31	NT$1.37 Billion ≈ $43.15 Million	-2.88%
2016-12-31	NT$1.41 Billion ≈ $44.43 Million	-31.22%
2015-12-31	NT$2.05 Billion ≈ $64.59 Million	+6.70%
2014-12-31	NT$1.92 Billion ≈ $60.54 Million	-13.31%
2013-12-31	NT$2.22 Billion ≈ $69.84 Million	-8.44%
2012-12-31	NT$2.42 Billion ≈ $76.28 Million	-12.77%
2011-12-31	NT$2.78 Billion ≈ $87.44 Million	-0.86%
2010-12-31	NT$2.80 Billion ≈ $88.19 Million	-5.04%
2009-12-31	NT$2.95 Billion ≈ $92.87 Million	-12.45%
2008-12-31	NT$3.37 Billion ≈ $106.08 Million	-2.67%
2007-12-31	NT$3.46 Billion ≈ $108.99 Million	-4.54%
2006-12-31	NT$3.62 Billion ≈ $114.18 Million	-7.35%
2005-12-31	NT$3.91 Billion ≈ $123.23 Million	-17.47%
2004-12-31	NT$4.74 Billion ≈ $149.31 Million	-14.43%
2003-12-31	NT$5.54 Billion ≈ $174.49 Million	+17.81%
2002-12-31	NT$4.70 Billion ≈ $148.10 Million	--

About Choice Development Inc

TW:9929 Taiwan Specialty Business Services

Market Cap

$35.10 Million

NT$1.11 Billion TWD

Market Cap Rank

#23311 Global

#1444 in Taiwan

Share Price

NT$11.00

Change (1 day)

+0.46%

52-Week Range

NT$9.93 - NT$15.00

All Time High

NT$24.83