Tang Eng Iron Works Co Ltd

TWO:2035 Taiwan Steel
Market Cap
$298.31 Million
NT$9.87 Billion TWD
Market Cap Rank
#16745 Global
#663 in Taiwan
Share Price
NT$28.20
Change (1 day)
-0.70%
52-Week Range
NT$27.25 - NT$32.50
All Time High
NT$51.20
About

Tang Eng Iron Works Co., Ltd. manufactures and trades in stainless steel products in Taiwan and internationally. The company offers steel coil and blanks, hot and cold rolled steel sheets, and other products. It is also involved in manufacturing, retailing, and leasing of rail vehicles and its parts. Tang Eng Iron Works Co., Ltd. was founded in 1940 and is based in Kaohsiung, Taiwan.

Tang Eng Iron Works Co Ltd (2035) - Total Assets

Latest total assets as of December 2025: NT$17.45 Billion TWD

Based on the latest financial reports, Tang Eng Iron Works Co Ltd (2035) holds total assets worth NT$17.45 Billion TWD as of December 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.

Tang Eng Iron Works Co Ltd - Total Assets Trend (2003–2025)

This chart illustrates how Tang Eng Iron Works Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Tang Eng Iron Works Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Tang Eng Iron Works Co Ltd's total assets of NT$17.45 Billion consist of 19.3% current assets and 80.7% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 1.3%
Accounts Receivable NT$82.95 Million 0.5%
Inventory NT$2.31 Billion 13.2%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$0.00 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2003–2025)

This chart illustrates how Tang Eng Iron Works 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: Tang Eng Iron Works Co Ltd's current assets represent 19.3% of total assets in 2025, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, up from 0.5% in 2003.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
  • Asset Diversification: The largest asset category is inventory at 13.2% of total assets.

Tang Eng Iron Works Co Ltd Competitors by Total Assets

Key competitors of Tang Eng Iron Works Co Ltd 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

Tang Eng Iron Works 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

Historical Range: 0.55 - 0.96

Moderate asset utilization - Tang Eng Iron Works Co Ltd generates 0.55x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -9.47% - 7.87%

Negative ROA - Tang Eng Iron Works Co Ltd is currently not profitable relative to its asset base.

Tang Eng Iron Works 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 1.11 1.23 1.30
Quick Ratio 0.35 0.18 0.41
Cash Ratio 0.00 0.00 0.00
Working Capital NT$330.27 Million NT$ 686.26 Million NT$ 741.13 Million

Tang Eng Iron Works Co Ltd - Advanced Valuation Insights

This section examines the relationship between Tang Eng Iron Works 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 4.41
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) -1.5%
Total Assets NT$17.45 Billion
Market Capitalization $140.72 Million USD

Valuation Analysis

Below Book Valuation: The market values Tang Eng Iron Works 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: Tang Eng Iron Works Co Ltd's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Tang Eng Iron Works Co Ltd (2003–2025)

The table below shows the annual total assets of Tang Eng Iron Works Co Ltd from 2003 to 2025.

Year Total Assets Change
2025-12-31 NT$17.45 Billion -1.53%
2024-12-31 NT$17.72 Billion +6.34%
2023-12-31 NT$16.67 Billion -4.09%
2022-12-31 NT$17.38 Billion -13.74%
2021-12-31 NT$20.15 Billion +15.01%
2020-12-31 NT$17.52 Billion -6.51%
2019-12-31 NT$18.74 Billion -1.09%
2018-12-31 NT$18.94 Billion -3.62%
2017-12-31 NT$19.66 Billion +2.08%
2016-12-31 NT$19.25 Billion +2.58%
2015-12-31 NT$18.77 Billion -25.71%
2014-12-31 NT$25.27 Billion -8.82%
2013-12-31 NT$27.71 Billion +11.01%
2012-12-31 NT$24.96 Billion +6.27%
2011-12-31 NT$23.49 Billion +1.08%
2010-12-31 NT$23.24 Billion +1.53%
2009-12-31 NT$22.89 Billion -8.24%
2008-12-31 NT$24.94 Billion -20.21%
2007-12-31 NT$31.26 Billion +5.74%
2006-12-31 NT$29.57 Billion +16.28%
2005-12-31 NT$25.43 Billion -5.45%
2004-12-31 NT$26.89 Billion -0.19%
2003-12-31 NT$26.94 Billion --