Cayman Tung Ling Co Ltd

TWO:2924 Taiwan Apparel Manufacturing
Market Cap
$31.53 Million
NT$1.04 Billion TWD
Market Cap Rank
#29507 Global
#1829 in Taiwan
Share Price
NT$20.05
Change (1 day)
+6.08%
52-Week Range
NT$18.60 - NT$32.00
All Time High
NT$67.44
About

Cayman Island Grand Galactica Corp Limited engages in the research, development, manufacture, and sale of various infant and toddler products in Taiwan, Vietnam, and the rest of Asia. It operates through Department Store Retail, Construction Engineering, and Construction segments. The company offers baby clothing, supplies, and toys. It also engages in the development, lease, and sale of real est… Read more

Cayman Tung Ling Co Ltd (2924) - Total Assets

Latest total assets as of September 2025: NT$851.17 Million TWD

Based on the latest financial reports, Cayman Tung Ling Co Ltd (2924) holds total assets worth NT$851.17 Million 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.

Cayman Tung Ling Co Ltd - Total Assets Trend (2015–2024)

This chart illustrates how Cayman Tung Ling Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Cayman Tung Ling Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Cayman Tung Ling Co Ltd's total assets of NT$851.17 Million consist of 94.7% current assets and 5.3% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 45.5%
Accounts Receivable NT$12.99 Million 1.5%
Inventory NT$44.68 Million 5.1%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$3.02 Million 0.4%
Goodwill NT$4.29 Million 0.5%

Asset Composition Trend (2015–2024)

This chart illustrates how Cayman Tung Ling 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: Cayman Tung Ling Co Ltd's current assets represent 94.7% of total assets in 2024, an increase from 80.0% in 2015.
  • Cash Position: Cash and equivalents constituted 45.5% of total assets in 2024, up from 38.1% in 2015.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2015.
  • Asset Diversification: The largest asset category is inventory at 5.1% of total assets.

Cayman Tung Ling Co Ltd Competitors by Total Assets

Key competitors of Cayman Tung Ling Co Ltd 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

Cayman Tung Ling 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: 0.17 - 0.97

Lower asset utilization - Cayman Tung Ling Co Ltd generates 0.19x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -24.53% - 3.07%

Negative ROA - Cayman Tung Ling Co Ltd is currently not profitable relative to its asset base.

Cayman Tung Ling 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 2.30 3.33 1.17
Quick Ratio 2.11 3.21 0.66
Cash Ratio 0.00 0.00 0.00
Working Capital NT$456.89 Million NT$ 504.62 Million NT$ 43.45 Million

Cayman Tung Ling Co Ltd - Advanced Valuation Insights

This section examines the relationship between Cayman Tung Ling 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 1.99
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 253.8%
Total Assets NT$872.88 Million
Market Capitalization $8.00 Million USD

Valuation Analysis

Below Book Valuation: The market values Cayman Tung Ling 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: Cayman Tung Ling Co Ltd's assets grew by 253.8% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Cayman Tung Ling Co Ltd (2015–2024)

The table below shows the annual total assets of Cayman Tung Ling Co Ltd from 2015 to 2024.

Year Total Assets Change
2024-12-31 NT$872.88 Million +253.76%
2023-12-31 NT$246.74 Million +0.48%
2022-12-31 NT$245.57 Million -12.68%
2021-12-31 NT$281.24 Million -44.51%
2020-12-31 NT$506.79 Million -22.73%
2019-12-31 NT$655.91 Million -14.46%
2018-12-31 NT$766.76 Million -29.41%
2017-12-31 NT$1.09 Billion -15.83%
2016-12-31 NT$1.29 Billion -8.89%
2015-12-31 NT$1.42 Billion --