TSG Star Travel Corp.
TSG Star Travel Corp. engage in the travel business in Northeast Asia Japan and Southeast Asia. The company was formerly known as Star Travel Corp. TSG Star Travel Corp. was founded in 2003 and is based in New Taipei City, Taiwan. TSG Star Travel Corp operates as a subsidiary of E-Top Metal Co. Ltd.
TSG Star Travel Corp. (2719) - Total Assets
Latest total assets as of December 2024: NT$1.17 Billion TWD
Based on the latest financial reports, TSG Star Travel Corp. (2719) holds total assets worth NT$1.17 Billion TWD as of December 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.
TSG Star Travel Corp. - Total Assets Trend (2019–2024)
This chart illustrates how TSG Star Travel Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TSG Star Travel Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
TSG Star Travel Corp.'s total assets of NT$1.17 Billion consist of 64.8% current assets and 35.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 13.8% |
| Accounts Receivable | NT$39.00 Million | 3.3% |
| 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 (2019–2024)
This chart illustrates how TSG Star Travel Corp.'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: TSG Star Travel Corp.'s current assets represent 64.8% of total assets in 2024, an increase from 9.7% in 2019.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, down from 18.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 3.3% of total assets.
TSG Star Travel Corp. Competitors by Total Assets
Key competitors of TSG Star Travel Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
TSG Star Travel Corp. - 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 - TSG Star Travel Corp. generates 1.95x 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, TSG Star Travel Corp. generates $7.41 in net profit.
TSG Star Travel Corp. - 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 | 2.09 | 2.57 | 7.33 |
| Quick Ratio | 2.09 | 2.57 | 7.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$395.81 Million | NT$ 378.86 Million | NT$ 513.38 Million |
TSG Star Travel Corp. - Advanced Valuation Insights
This section examines the relationship between TSG Star Travel Corp.'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 | 3.18 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 21.1% |
| Total Assets | NT$1.17 Billion |
| Market Capitalization | $9.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values TSG Star Travel Corp.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TSG Star Travel Corp.'s assets grew by 21.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TSG Star Travel Corp. (2019–2024)
The table below shows the annual total assets of TSG Star Travel Corp. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.17 Billion | +21.15% |
| 2023-12-31 | NT$967.10 Million | +47.66% |
| 2022-12-31 | NT$654.93 Million | +184.56% |
| 2021-12-31 | NT$230.16 Million | +7.24% |
| 2020-12-31 | NT$214.61 Million | -27.84% |
| 2019-12-31 | NT$297.42 Million | -- |