Feng Ching Metal
Feng Ching Metal Corporation produces and sells copper wires and enameled copper wires in Taiwan, Mainland China, Vietnam, Thailand, and internationally. It provides new energy insulated, triple insulated and standard, FIW, PI film wrapping, teflon wires, as well as frameless coils. The company was founded in 1994 and is headquartered in Kaohsiung, Taiwan.
Feng Ching Metal (2061) - Total Assets
Latest total assets as of September 2025: NT$1.13 Billion TWD
Based on the latest financial reports, Feng Ching Metal (2061) holds total assets worth NT$1.13 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.
Feng Ching Metal - Total Assets Trend (2015–2024)
This chart illustrates how Feng Ching Metal’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Feng Ching Metal - Asset Composition Analysis
Current Asset Composition (December 2024)
Feng Ching Metal's total assets of NT$1.13 Billion consist of 77.8% current assets and 22.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 7.5% |
| Accounts Receivable | NT$462.87 Million | 38.0% |
| Inventory | NT$134.81 Million | 11.1% |
| 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 Feng Ching Metal'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: Feng Ching Metal's current assets represent 77.8% of total assets in 2024, a decrease from 79.4% in 2015.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 19.2% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 38.0% of total assets.
Feng Ching Metal Competitors by Total Assets
Key competitors of Feng Ching Metal based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Feng Ching Metal - 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
Strong asset utilization - Feng Ching Metal generates 0.98x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Feng Ching Metal is currently not profitable relative to its asset base.
Feng Ching Metal - 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 | 1.77 | 1.50 | 1.66 |
| Quick Ratio | 1.47 | 1.30 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$386.03 Million | NT$ 307.57 Million | NT$ 319.04 Million |
Feng Ching Metal - Advanced Valuation Insights
This section examines the relationship between Feng Ching Metal'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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 22.2% |
| Total Assets | NT$1.22 Billion |
| Market Capitalization | $18.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Feng Ching Metal's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Feng Ching Metal's assets grew by 22.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Feng Ching Metal (2015–2024)
The table below shows the annual total assets of Feng Ching Metal from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.22 Billion | +22.18% |
| 2023-12-31 | NT$995.98 Million | -13.79% |
| 2022-12-31 | NT$1.16 Billion | -1.71% |
| 2021-12-31 | NT$1.18 Billion | +15.82% |
| 2020-12-31 | NT$1.01 Billion | +28.06% |
| 2019-12-31 | NT$792.48 Million | -20.50% |
| 2018-12-31 | NT$996.83 Million | -20.77% |
| 2017-12-31 | NT$1.26 Billion | +24.58% |
| 2016-12-31 | NT$1.01 Billion | +0.56% |
| 2015-12-31 | NT$1.00 Billion | -- |