Soonest Express Co Ltd (2643) - Total Assets
Based on the latest financial reports, Soonest Express Co Ltd (2643) holds total assets worth NT$2.82 Billion TWD (≈ $89.00 Million USD) 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. See 2643 net asset value for net asset value and shareholders' equity analysis.
Soonest Express Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Soonest Express Co Ltd's total assets have evolved over time, based on quarterly financial data.
Soonest Express Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Soonest Express Co Ltd's total assets of NT$2.82 Billion consist of 83.6% current assets and 16.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.5% |
| Accounts Receivable | NT$1.41 Billion | 49.2% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Soonest Express 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. For live market cap, price, and company overview, see 2643 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Soonest Express Co Ltd's current assets represent 83.6% of total assets in 2024, a decrease from 85.6% in 2017.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2024, down from 35.5% 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 accounts receivable at 49.2% of total assets.
Soonest Express Co Ltd Competitors by Total Assets
Key competitors of Soonest Express Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hidrovias do Brasil S.A
SA:HBSA3
|
Brazil | R$6.49 Billion |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
China | CN¥30.85 Billion |
|
Maritima De In
SN:MARINSA
|
Chile | CL$328.46 Billion |
|
Overseas Commerce Ltd
TA:OVRS
|
Israel | ILA657.34 Million |
|
QUBE Holdings Ltd
AU:QUB
|
Australia | AU$6.73 Billion |
|
Dalrymple Bay Infrastructure Ltd
AU:DBI
|
Australia | AU$3.55 Billion |
|
K & S Corporation Ltd
AU:KSC
|
Australia | AU$694.73 Million |
|
Steamships Trading Company Ltd
AU:SST
|
Australia | AU$1.92 Billion |
Soonest Express 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 | 2.58 | 3.05 | 2.50 |
| Quick Ratio | 2.58 | 3.05 | 2.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.47 Billion | NT$1.56 Billion | NT$790.85 Million |
Soonest Express Co Ltd - Advanced Valuation Insights
This section examines the relationship between Soonest Express 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 | 1.35 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | NT$2.86 Billion |
| Market Capitalization | $73.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Soonest Express Co Ltd's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Soonest Express Co Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Soonest Express Co Ltd (2017–2024)
The table below shows the annual total assets of Soonest Express Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.86 Billion ≈ $90.11 Million |
-5.30% |
| 2023-12-31 | NT$3.02 Billion ≈ $95.16 Million |
+20.59% |
| 2022-12-31 | NT$2.50 Billion ≈ $78.91 Million |
+34.12% |
| 2021-12-31 | NT$1.87 Billion ≈ $58.83 Million |
+17.38% |
| 2020-12-31 | NT$1.59 Billion ≈ $50.12 Million |
+12.25% |
| 2019-12-31 | NT$1.42 Billion ≈ $44.65 Million |
+24.49% |
| 2018-12-31 | NT$1.14 Billion ≈ $35.87 Million |
+2.92% |
| 2017-12-31 | NT$1.11 Billion ≈ $34.85 Million |
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About Soonest Express Co Ltd
Soonest Express Co., Ltd. provides integrated logistics solutions in Taiwan, Asia, and the United States. It offers air and ocean freight forwarding services; custom clearance services; transit/warehouse/transportation services; and courier services. The company was founded in 1984 and is based in Taipei, Taiwan.