Ta Chia Yung Ho Machine Industry Co Ltd

TWO:2221 Taiwan Steel
Market Cap
$39.72 Million
NT$1.31 Billion TWD
Market Cap Rank
#27314 Global
#1730 in Taiwan
Share Price
NT$31.05
Change (1 day)
-0.80%
52-Week Range
NT$23.15 - NT$32.30
All Time High
NT$38.83
About

Tachia Yung Ho Machine Industry Co., Ltd. engages in the manufacture and sale of butt-welding pipe fittings and high purity components in Taiwan. It offers butt-welding pipe fittings, such as elbows, tees, reducers, caps, stub ends, etc.; and UHP components, including high purity pipes and pipe fittings, metal gasket face seal fittings, micro butt-welding fittings, LOK-DJR compression fittings, U… Read more

Ta Chia Yung Ho Machine Industry Co Ltd (2221) - Total Assets

Latest total assets as of September 2025: NT$1.64 Billion TWD

Based on the latest financial reports, Ta Chia Yung Ho Machine Industry Co Ltd (2221) holds total assets worth NT$1.64 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.

Ta Chia Yung Ho Machine Industry Co Ltd - Total Assets Trend (2003–2024)

This chart illustrates how Ta Chia Yung Ho Machine Industry Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ta Chia Yung Ho Machine Industry Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Ta Chia Yung Ho Machine Industry Co Ltd's total assets of NT$1.64 Billion consist of 70.2% current assets and 29.8% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 17.4%
Accounts Receivable NT$294.79 Million 18.1%
Inventory NT$422.93 Million 26.0%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$856.00K 0.1%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2003–2024)

This chart illustrates how Ta Chia Yung Ho Machine Industry 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: Ta Chia Yung Ho Machine Industry Co Ltd's current assets represent 70.2% of total assets in 2024, an increase from 0.0% in 2003.
  • Cash Position: Cash and equivalents constituted 17.4% of total assets in 2024, up from 1.0% 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 26.0% of total assets.

Ta Chia Yung Ho Machine Industry Co Ltd Competitors by Total Assets

Key competitors of Ta Chia Yung Ho Machine Industry 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

Ta Chia Yung Ho Machine Industry 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: 0.71 - 0.98

Strong asset utilization - Ta Chia Yung Ho Machine Industry Co Ltd generates 0.86x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.56% - 15.14%

Solid ROA - For every $100 in assets, Ta Chia Yung Ho Machine Industry Co Ltd generates $5.27 in net profit.

Ta Chia Yung Ho Machine Industry 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 3.68 2.78 2.48
Quick Ratio 2.27 1.63 1.36
Cash Ratio 0.00 0.00 0.00
Working Capital NT$847.83 Million NT$ 764.63 Million NT$ 521.12 Million

Ta Chia Yung Ho Machine Industry Co Ltd - Advanced Valuation Insights

This section examines the relationship between Ta Chia Yung Ho Machine Industry 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 1.28
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) -2.2%
Total Assets NT$1.63 Billion
Market Capitalization $13.19 Million USD

Valuation Analysis

Below Book Valuation: The market values Ta Chia Yung Ho Machine Industry 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: Ta Chia Yung Ho Machine Industry Co Ltd's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Ta Chia Yung Ho Machine Industry Co Ltd (2003–2024)

The table below shows the annual total assets of Ta Chia Yung Ho Machine Industry Co Ltd from 2003 to 2024.

Year Total Assets Change
2024-12-31 NT$1.63 Billion -2.16%
2023-12-31 NT$1.66 Billion -6.33%
2022-12-31 NT$1.77 Billion +0.50%
2021-12-31 NT$1.76 Billion +26.82%
2020-12-31 NT$1.39 Billion -4.75%
2019-12-31 NT$1.46 Billion +1.41%
2018-12-31 NT$1.44 Billion +15.67%
2017-12-31 NT$1.25 Billion -3.14%
2016-12-31 NT$1.29 Billion +9.25%
2015-12-31 NT$1.18 Billion +5.78%
2014-12-31 NT$1.11 Billion +0.91%
2013-12-31 NT$1.10 Billion -1.50%
2012-12-31 NT$1.12 Billion -2.29%
2011-12-31 NT$1.15 Billion -12.40%
2010-12-31 NT$1.31 Billion +3.42%
2009-12-31 NT$1.26 Billion -20.21%
2008-12-31 NT$1.58 Billion +23.30%
2007-12-31 NT$1.28 Billion +10.96%
2006-12-31 NT$1.16 Billion +30.23%
2005-12-31 NT$889.26 Million +5.40%
2004-12-31 NT$843.74 Million +21.62%
2003-12-31 NT$693.76 Million --