Sinmag Equipment (1580) - Total Assets
Based on the latest financial reports, Sinmag Equipment (1580) holds total assets worth NT$4.12 Billion TWD (≈ $129.72 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. See Sinmag Equipment shareholders equity for net asset value and shareholders' equity analysis.
Sinmag Equipment - Total Assets Trend (2017–2024)
This chart illustrates how Sinmag Equipment's total assets have evolved over time, based on quarterly financial data.
Sinmag Equipment - Asset Composition Analysis
Current Asset Composition (December 2024)
Sinmag Equipment's total assets of NT$4.12 Billion consist of 60.6% current assets and 39.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 27.4% |
| Accounts Receivable | NT$582.60 Million | 13.0% |
| Inventory | NT$845.29 Million | 18.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$6.44 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Sinmag Equipment'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. For live market cap, price, and company overview, see Sinmag Equipment market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sinmag Equipment's current assets represent 60.6% of total assets in 2024, a decrease from 73.4% in 2017.
- Cash Position: Cash and equivalents constituted 27.4% of total assets in 2024, up from 25.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 18.9% of total assets.
Sinmag Equipment Competitors by Total Assets
Key competitors of Sinmag Equipment based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Sinmag Equipment - 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 | 2.77 | 2.83 | 1.91 |
| Quick Ratio | 1.88 | 1.82 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.65 Billion | NT$1.54 Billion | NT$924.35 Million |
Sinmag Equipment - Advanced Valuation Insights
This section examines the relationship between Sinmag Equipment'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 | 2.18 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 12.2% |
| Total Assets | NT$4.47 Billion |
| Market Capitalization | $191.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sinmag Equipment's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sinmag Equipment's assets grew by 12.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sinmag Equipment (2017–2024)
The table below shows the annual total assets of Sinmag Equipment from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.47 Billion ≈ $140.73 Million |
+12.17% |
| 2023-12-31 | NT$3.98 Billion ≈ $125.46 Million |
+7.03% |
| 2022-12-31 | NT$3.72 Billion ≈ $117.22 Million |
+0.07% |
| 2021-12-31 | NT$3.72 Billion ≈ $117.13 Million |
+7.87% |
| 2020-12-31 | NT$3.45 Billion ≈ $108.59 Million |
+4.40% |
| 2019-12-31 | NT$3.30 Billion ≈ $104.01 Million |
+2.15% |
| 2018-12-31 | NT$3.23 Billion ≈ $101.82 Million |
-2.21% |
| 2017-12-31 | NT$3.30 Billion ≈ $104.12 Million |
-- |
About Sinmag Equipment
Sinmag Equipment Corporation engages in the manufacturing, research and development, sale, and after services in the bakery and kitchen equipment field in Taiwan, China, and the United States. The company offers bakery equipment, such as working table, deck oven and proofer, refrigerator, in-store equipment, planetary and spiral mixer, slicer, divider rounder, molder, sheeter, as well as convecti… Read more