Polylite Taiwan Co Ltd
Polylite Taiwan Co., Ltd. processes, manufactures, imports and exports, and sells various lenses, optical instruments, and medical equipment worldwide. Its GIA polycarbonate lenses, including FSV, SFSV, progressive, KID, and polarized lenses. The company was founded in 1982 and is based in Taoyuan City, Taiwan.
Polylite Taiwan Co Ltd (1813) - Total Assets
Latest total assets as of September 2025: NT$985.37 Million TWD
Based on the latest financial reports, Polylite Taiwan Co Ltd (1813) holds total assets worth NT$985.37 Million 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.
Polylite Taiwan Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Polylite Taiwan Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Polylite Taiwan Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Polylite Taiwan Co Ltd's total assets of NT$985.37 Million consist of 32.8% current assets and 67.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.5% |
| Accounts Receivable | NT$72.12 Million | 7.2% |
| Inventory | NT$130.70 Million | 13.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Polylite Taiwan 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: Polylite Taiwan Co Ltd's current assets represent 32.8% of total assets in 2024, a decrease from 41.2% in 2015.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2024, down from 20.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 13.0% of total assets.
Polylite Taiwan Co Ltd Competitors by Total Assets
Key competitors of Polylite Taiwan Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Polylite Taiwan 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 - Polylite Taiwan Co Ltd generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Polylite Taiwan Co Ltd is currently not profitable relative to its asset base.
Polylite Taiwan 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 | 1.19 | 1.25 | 1.46 |
| Quick Ratio | 0.88 | 0.72 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$57.16 Million | NT$ 72.14 Million | NT$ 164.49 Million |
Polylite Taiwan Co Ltd - Advanced Valuation Insights
This section examines the relationship between Polylite Taiwan 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 | 0.88 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -3.7% |
| Total Assets | NT$1.01 Billion |
| Market Capitalization | $10.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Polylite Taiwan Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Polylite Taiwan Co Ltd's assets decreased by 3.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Polylite Taiwan Co Ltd (2015–2024)
The table below shows the annual total assets of Polylite Taiwan Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.01 Billion | -3.74% |
| 2023-12-31 | NT$1.05 Billion | -7.92% |
| 2022-12-31 | NT$1.14 Billion | -10.01% |
| 2021-12-31 | NT$1.26 Billion | -0.66% |
| 2020-12-31 | NT$1.27 Billion | +9.46% |
| 2019-12-31 | NT$1.16 Billion | +0.01% |
| 2018-12-31 | NT$1.16 Billion | -12.11% |
| 2017-12-31 | NT$1.32 Billion | +6.77% |
| 2016-12-31 | NT$1.24 Billion | +9.50% |
| 2015-12-31 | NT$1.13 Billion | -- |