STARLUX Airlines Co. Ltd.
STARLUX Airlines CO., Ltd. provides airline services in Taiwan. It offers passenger and air cargo transportation services. The company was founded in 2016 and is headquartered in Taipei City, Taiwan.
STARLUX Airlines Co. Ltd. (2646) - Total Assets
Latest total assets as of June 2024: NT$91.35 Billion TWD
Based on the latest financial reports, STARLUX Airlines Co. Ltd. (2646) holds total assets worth NT$91.35 Billion TWD as of June 2024.
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.
STARLUX Airlines Co. Ltd. - Total Assets Trend (2019–2023)
This chart illustrates how STARLUX Airlines Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
STARLUX Airlines Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
STARLUX Airlines Co. Ltd.'s total assets of NT$91.35 Billion consist of 12.0% current assets and 88.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 7.1% |
| Accounts Receivable | NT$806.26 Million | 1.0% |
| Inventory | NT$1.08 Billion | 1.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$264.73 Million | 0.3% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how STARLUX Airlines 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: STARLUX Airlines Co. Ltd.'s current assets represent 12.0% of total assets in 2023, a decrease from 24.1% in 2019.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2023, down from 17.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 1.4% of total assets.
STARLUX Airlines Co. Ltd. Competitors by Total Assets
Key competitors of STARLUX Airlines Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.24 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$350.66 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
|
Air Busan Co Ltd
KO:298690
|
Korea | ₩1.39 Trillion |
STARLUX Airlines Co. Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - STARLUX Airlines Co. Ltd. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - STARLUX Airlines Co. Ltd. is currently not profitable relative to its asset base.
STARLUX Airlines Co. Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.71 | 0.69 | 0.31 |
| Quick Ratio | 0.63 | 0.63 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-5.15 Billion | NT$ -4.36 Billion | NT$ -7.78 Billion |
STARLUX Airlines Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between STARLUX Airlines 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 | 4.16 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 38.5% |
| Total Assets | NT$79.08 Billion |
| Market Capitalization | $869.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values STARLUX Airlines Co. Ltd.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: STARLUX Airlines Co. Ltd.'s assets grew by 38.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for STARLUX Airlines Co. Ltd. (2019–2023)
The table below shows the annual total assets of STARLUX Airlines Co. Ltd. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$79.08 Billion | +38.51% |
| 2022-12-31 | NT$57.09 Billion | +134.10% |
| 2021-12-31 | NT$24.39 Billion | +34.38% |
| 2020-12-31 | NT$18.15 Billion | +48.02% |
| 2019-12-31 | NT$12.26 Billion | -- |