Phonic Corporation
Phonic Corporation manufactures and sells in professional audio products in Taiwan, the United States, China, Hong Kong, Guatemala, Chile, India, Israel, and internationally. It offers speakers, including mobile PA systems, studio monitors, and PA speakers; wireless systems, microphones, conference systems, and antenna AMP systems; USB microphones; analog and powered mixers; analog, digital, and … Read more
Phonic Corporation (3067) - Total Assets
Latest total assets as of December 2024: NT$298.58 Million TWD
Based on the latest financial reports, Phonic Corporation (3067) holds total assets worth NT$298.58 Million 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.
Phonic Corporation - Total Assets Trend (2020–2024)
This chart illustrates how Phonic Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Phonic Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Phonic Corporation's total assets of NT$298.58 Million consist of 37.1% current assets and 62.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 32.0% |
| Accounts Receivable | NT$4.94 Million | 1.7% |
| Inventory | NT$6.14 Million | 2.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Phonic Corporation'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: Phonic Corporation's current assets represent 37.1% of total assets in 2024, a decrease from 47.1% in 2020.
- Cash Position: Cash and equivalents constituted 32.0% of total assets in 2024, up from 27.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 2.1% of total assets.
Phonic Corporation Competitors by Total Assets
Key competitors of Phonic Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Phonic Corporation - 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 - Phonic Corporation generates 0.15x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Phonic Corporation is currently not profitable relative to its asset base.
Phonic Corporation - 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 | 5.24 | 2.33 | 4.49 |
| Quick Ratio | 4.95 | 2.19 | 4.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$89.60 Million | NT$ 111.82 Million | NT$ 229.01 Million |
Phonic Corporation - Advanced Valuation Insights
This section examines the relationship between Phonic Corporation'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -22.2% |
| Total Assets | NT$298.58 Million |
| Market Capitalization | $5.31K USD |
Valuation Analysis
Below Book Valuation: The market values Phonic Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Phonic Corporation's assets decreased by 22.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Phonic Corporation (2020–2024)
The table below shows the annual total assets of Phonic Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$298.58 Million | -22.20% |
| 2023-12-31 | NT$383.79 Million | +14.37% |
| 2022-12-31 | NT$335.57 Million | +6.00% |
| 2021-12-31 | NT$316.58 Million | +77.98% |
| 2020-12-31 | NT$177.88 Million | -- |