Taiwan Wax Co Ltd
Taiwan Wax Company,Ltd. manufactures and sells various wax raw materials and finished products in Taiwan and internationally. The company offers refined paraffin wax and microcrystalline wax. The company also trades in optoelectronic equipment and aquatic products; and offers brokerage services. Taiwan Wax Company,Ltd. was founded in 1987 and is based in Chiayi, Taiwan.
Taiwan Wax Co Ltd (1742) - Total Assets
Latest total assets as of September 2025: NT$1.45 Billion TWD
Based on the latest financial reports, Taiwan Wax Co Ltd (1742) holds total assets worth NT$1.45 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.
Taiwan Wax Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Taiwan Wax Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Taiwan Wax Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Taiwan Wax Co Ltd's total assets of NT$1.45 Billion consist of 43.1% current assets and 56.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 5.8% |
| Accounts Receivable | NT$11.30 Million | 0.6% |
| Inventory | NT$26.16 Million | 1.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Taiwan Wax 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: Taiwan Wax Co Ltd's current assets represent 43.1% of total assets in 2024, a decrease from 52.6% in 2017.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, down from 6.2% 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 1.4% of total assets.
Taiwan Wax Co Ltd Competitors by Total Assets
Key competitors of Taiwan Wax Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Taiwan Wax 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
Lower asset utilization - Taiwan Wax Co Ltd generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Taiwan Wax Co Ltd generates $ 4.48 in net profit.
Taiwan Wax 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 | 14.66 | 2.31 | 1.67 |
| Quick Ratio | 13.81 | 2.26 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$363.40 Million | NT$ 508.88 Million | NT$ 393.53 Million |
Taiwan Wax Co Ltd - Advanced Valuation Insights
This section examines the relationship between Taiwan Wax 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 | 1.21 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -51.1% |
| Total Assets | NT$1.85 Billion |
| Market Capitalization | $16.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Taiwan Wax Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Taiwan Wax Co Ltd's assets decreased by 51.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Taiwan Wax Co Ltd (2017–2024)
The table below shows the annual total assets of Taiwan Wax Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.85 Billion | -51.05% |
| 2023-12-31 | NT$3.77 Billion | +43.76% |
| 2022-12-31 | NT$2.62 Billion | +9.11% |
| 2021-12-31 | NT$2.41 Billion | +52.62% |
| 2020-12-31 | NT$1.58 Billion | +5.33% |
| 2019-12-31 | NT$1.50 Billion | +33.96% |
| 2018-12-31 | NT$1.12 Billion | +29.93% |
| 2017-12-31 | NT$859.71 Million | -- |