1480

TWO:1480 Taiwan Steel
Market Cap
$110.67 Million
NT$3.66 Billion TWD
Market Cap Rank
#23840 Global
#1430 in Taiwan
Share Price
NT$8.80
Change (1 day)
-2.76%
52-Week Range
NT$8.80 - NT$10.25
All Time High
NT$10.25
About

Tung Mung Development Co., Ltd. engages in the manufacture and sale of stainless-steel products in Taiwan. It offers hot-rolled steel coils; and cold-rolled stainless-steel coils and sheets for use in constructions, medical equipment, kitchenware and cutlery, and home appliance applications. The company was incorporated in 1957 and is headquartered in Tainan City, Taiwan.

1480 (1480) - Total Assets

Latest total assets as of June 2025: NT$6.33 Billion TWD

Based on the latest financial reports, 1480 (1480) holds total assets worth NT$6.33 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.

1480 - Total Assets Trend (2019–2024)

This chart illustrates how 1480’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

1480 - Asset Composition Analysis

Current Asset Composition (December 2024)

1480's total assets of NT$6.33 Billion consist of 46.5% current assets and 53.5% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 3.8%
Accounts Receivable NT$65.73 Million 1.0%
Inventory NT$2.55 Billion 39.3%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$0.00 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2019–2024)

This chart illustrates how 1480'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: 1480's current assets represent 46.5% of total assets in 2024, a decrease from 52.6% in 2019.
  • Cash Position: Cash and equivalents constituted 3.8% of total assets in 2024, up from 1.7% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is inventory at 39.3% of total assets.

1480 Competitors by Total Assets

Key competitors of 1480 based on total assets are shown below.

Company Country Total Assets
365330
KQ:365330
Korea ₩83.64 Billion
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
China CN¥110.74 Billion
HBIS Co Ltd
SHE:000709
China CN¥271.74 Billion
Sgis Songshan Co Ltd
SHE:000717
China CN¥20.01 Billion
Bengang Steel Plates Co Ltd
SHE:000761
China CN¥46.73 Billion
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
China CN¥53.95 Billion
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
China CN¥66.23 Billion
Jiangsu Fasten Co Ltd
SHE:000890
China CN¥985.65 Million

1480 - 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

Historical Range: 1.34 - 2.36

Strong asset utilization - 1480 generates 1.34x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -4.99% - 21.66%

Moderate ROA - For every $100 in assets, 1480 generates $ 0.23 in net profit.

1480 - 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 1.01 1.56 1.85
Quick Ratio 0.29 0.39 0.53
Cash Ratio 0.00 0.00 0.00
Working Capital NT$29.48 Million NT$ 917.62 Million NT$ 1.71 Billion

1480 - Advanced Valuation Insights

This section examines the relationship between 1480'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 1.39
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 3.8%
Total Assets NT$6.49 Billion
Market Capitalization $28.61 Million USD

Valuation Analysis

Below Book Valuation: The market values 1480's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: 1480's assets grew by 3.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for 1480 (2019–2024)

The table below shows the annual total assets of 1480 from 2019 to 2024.

Year Total Assets Change
2024-12-31 NT$6.49 Billion +3.84%
2023-12-31 NT$6.25 Billion +5.07%
2022-12-31 NT$5.95 Billion +16.83%
2021-12-31 NT$5.09 Billion +13.88%
2020-12-31 NT$4.47 Billion +4.40%
2019-12-31 NT$4.28 Billion --