Munsin Garment
Munsin Garment Corporation manufactures and trades in various ready-made garments, knitwear, and fabrics in Taiwan. The company offers golf, sports, fashion, and retro nostalgia apparel, casual wear, club bags, protective accessories, clothing, sneakers, feminine style clothing, urban sportswear, fashionable outfits, trousers, female office wear, unique style clothing, modern fashion apparel, and… Read more
Munsin Garment (2916) - Total Assets
Latest total assets as of September 2025: NT$2.13 Billion TWD
Based on the latest financial reports, Munsin Garment (2916) holds total assets worth NT$2.13 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.
Munsin Garment - Total Assets Trend (2017–2024)
This chart illustrates how Munsin Garment’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Munsin Garment - Asset Composition Analysis
Current Asset Composition (December 2024)
Munsin Garment's total assets of NT$2.13 Billion consist of 71.3% current assets and 28.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 12.8% |
| Accounts Receivable | NT$378.66 Million | 18.1% |
| Inventory | NT$824.05 Million | 39.5% |
| 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 Munsin Garment'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: Munsin Garment's current assets represent 71.3% of total assets in 2024, a decrease from 72.0% in 2017.
- Cash Position: Cash and equivalents constituted 12.8% of total assets in 2024, up from 3.3% 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 39.5% of total assets.
Munsin Garment Competitors by Total Assets
Key competitors of Munsin Garment based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Munsin Garment - 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 - Munsin Garment generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Munsin Garment generates $ 11.88 in net profit.
Munsin Garment - 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 | 2.68 | 3.04 | 4.51 |
| Quick Ratio | 0.83 | 1.05 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$909.34 Million | NT$ 958.91 Million | NT$ 655.25 Million |
Munsin Garment - Advanced Valuation Insights
This section examines the relationship between Munsin Garment'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 | 2.09 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 30.4% |
| Total Assets | NT$2.09 Billion |
| Market Capitalization | $43.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Munsin Garment's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Munsin Garment's assets grew by 30.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Munsin Garment (2017–2024)
The table below shows the annual total assets of Munsin Garment from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.09 Billion | +30.36% |
| 2023-12-31 | NT$1.60 Billion | +14.55% |
| 2022-12-31 | NT$1.40 Billion | +7.54% |
| 2021-12-31 | NT$1.30 Billion | +8.94% |
| 2020-12-31 | NT$1.19 Billion | -5.92% |
| 2019-12-31 | NT$1.27 Billion | +0.61% |
| 2018-12-31 | NT$1.26 Billion | +6.24% |
| 2017-12-31 | NT$1.19 Billion | -- |