Ching Chan Optical Technology Co Ltd
Ching Chan Optical Technology Co., Ltd. manufactures and sells screws, rivets, and mechanical equipment. It provides screw / bolt sorting machines, consecutively running optical sorting machines, electronic component optical inspection machines, nut / washer series, rod / stud series, eddy current sorting machines, and accessories for sorting machines; process monitoring; and monitoring systems. … Read more
Ching Chan Optical Technology Co Ltd (2070) - Total Assets
Latest total assets as of June 2025: NT$1.48 Billion TWD
Based on the latest financial reports, Ching Chan Optical Technology Co Ltd (2070) holds total assets worth NT$1.48 Billion TWD as of June 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.
Ching Chan Optical Technology Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Ching Chan Optical Technology Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ching Chan Optical Technology Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ching Chan Optical Technology Co Ltd's total assets of NT$1.48 Billion consist of 49.5% current assets and 50.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 14.5% |
| Accounts Receivable | NT$80.14 Million | 6.3% |
| Inventory | NT$264.30 Million | 20.6% |
| 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 Ching Chan Optical Technology 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: Ching Chan Optical Technology Co Ltd's current assets represent 49.5% of total assets in 2024, a decrease from 63.9% in 2017.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, down from 18.2% 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 20.6% of total assets.
Ching Chan Optical Technology Co Ltd Competitors by Total Assets
Key competitors of Ching Chan Optical Technology Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Ching Chan Optical Technology 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
Moderate asset utilization - Ching Chan Optical Technology Co Ltd generates 0.56x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Ching Chan Optical Technology Co Ltd generates $8.29 in net profit.
Ching Chan Optical Technology 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 | 1.82 | 2.03 | 2.09 |
| Quick Ratio | 1.25 | 1.22 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$376.67 Million | NT$ 355.44 Million | NT$ 435.50 Million |
Ching Chan Optical Technology Co Ltd - Advanced Valuation Insights
This section examines the relationship between Ching Chan Optical Technology 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 | 1.59 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -20.9% |
| Total Assets | NT$1.28 Billion |
| Market Capitalization | $17.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ching Chan Optical Technology 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: Ching Chan Optical Technology Co Ltd's assets decreased by 20.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ching Chan Optical Technology Co Ltd (2017–2024)
The table below shows the annual total assets of Ching Chan Optical Technology Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.28 Billion | -20.93% |
| 2023-12-31 | NT$1.62 Billion | +30.34% |
| 2022-12-31 | NT$1.24 Billion | -15.24% |
| 2021-12-31 | NT$1.47 Billion | -5.20% |
| 2020-12-31 | NT$1.55 Billion | -4.09% |
| 2019-12-31 | NT$1.61 Billion | +1.84% |
| 2018-12-31 | NT$1.59 Billion | -1.96% |
| 2017-12-31 | NT$1.62 Billion | -- |