Sun Rise E&T Corporation
Sun Rise E&T Corporation engages in the provision of HDPE pipes in Taiwan and internationally. It offers HDPE fish cages, such as off shore fish cage and raft, buoy, and others; and HDPE solar systems for offshore floating system and land-based solar systems. The company was founded in 1995 and is based in Pingtung, Taiwan.
Sun Rise E&T Corporation (1343) - Total Assets
Latest total assets as of June 2025: NT$1.24 Billion TWD
Based on the latest financial reports, Sun Rise E&T Corporation (1343) holds total assets worth NT$1.24 Billion TWD as of June 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.
Sun Rise E&T Corporation - Total Assets Trend (2020–2024)
This chart illustrates how Sun Rise E&T Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sun Rise E&T Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Sun Rise E&T Corporation's total assets of NT$1.24 Billion consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 6.0% |
| Accounts Receivable | NT$62.10 Million | 4.9% |
| Inventory | NT$55.17 Million | 4.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$797.00K | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Sun Rise E&T 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: Sun Rise E&T Corporation's current assets represent 20.5% of total assets in 2024, an increase from 14.7% in 2020.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, up from 0.9% 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 4.9% of total assets.
Sun Rise E&T Corporation Competitors by Total Assets
Key competitors of Sun Rise E&T Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Sun Rise E&T 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
Strong asset utilization - Sun Rise E&T Corporation generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Sun Rise E&T Corporation generates $ 13.97 in net profit.
Sun Rise E&T 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 | 0.49 | 1.11 | 1.18 |
| Quick Ratio | 0.32 | 0.89 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-229.66 Million | NT$ 48.87 Million | NT$ 25.48 Million |
Sun Rise E&T Corporation - Advanced Valuation Insights
This section examines the relationship between Sun Rise E&T 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 | 0.02 |
| Asset Growth Rate (YoY) | 85.5% |
| Total Assets | NT$1.27 Billion |
| Market Capitalization | $22.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sun Rise E&T Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sun Rise E&T Corporation's assets grew by 85.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sun Rise E&T Corporation (2020–2024)
The table below shows the annual total assets of Sun Rise E&T Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.27 Billion | +85.54% |
| 2023-12-31 | NT$683.66 Million | -5.32% |
| 2022-12-31 | NT$722.06 Million | +3.76% |
| 2021-12-31 | NT$695.86 Million | -0.54% |
| 2020-12-31 | NT$699.62 Million | -- |