Gongin Precision Industrial Co Ltd
Gongin Precision Ind. Co., Ltd engages in manufacturing, processing, and sale of various molds, special machinery, electronic parts, and molds for aircraft engines and structures in Taiwan and Mainland China. The company was founded in 1967 and is based in Kaohsiung, Taiwan.
Gongin Precision Industrial Co Ltd (3178) - Total Assets
Latest total assets as of June 2025: NT$2.83 Billion TWD
Based on the latest financial reports, Gongin Precision Industrial Co Ltd (3178) holds total assets worth NT$2.83 Billion TWD as of June 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.
Gongin Precision Industrial Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Gongin Precision Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gongin Precision Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Gongin Precision Industrial Co Ltd's total assets of NT$2.83 Billion consist of 34.0% current assets and 66.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.4% |
| Accounts Receivable | NT$254.21 Million | 9.2% |
| Inventory | NT$391.17 Million | 14.2% |
| 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 Gongin Precision Industrial 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: Gongin Precision Industrial Co Ltd's current assets represent 34.0% of total assets in 2024, an increase from 27.4% in 2017.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2024, up from 2.0% 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 14.2% of total assets.
Gongin Precision Industrial Co Ltd Competitors by Total Assets
Key competitors of Gongin Precision Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
|
China | CN¥9.46 Billion |
Gongin Precision Industrial 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
Moderate asset utilization - Gongin Precision Industrial Co Ltd generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Gongin Precision Industrial Co Ltd generates $ 1.73 in net profit.
Gongin Precision Industrial 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 | 1.52 | 1.06 | 1.37 |
| Quick Ratio | 0.93 | 0.64 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$347.04 Million | NT$ 54.38 Million | NT$ 199.59 Million |
Gongin Precision Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Gongin Precision Industrial 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 | 2.01 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -3.7% |
| Total Assets | NT$2.76 Billion |
| Market Capitalization | $26.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gongin Precision Industrial Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Gongin Precision Industrial Co Ltd's assets decreased by 3.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Gongin Precision Industrial Co Ltd (2017–2024)
The table below shows the annual total assets of Gongin Precision Industrial Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.76 Billion | -3.65% |
| 2023-12-31 | NT$2.86 Billion | +1.81% |
| 2022-12-31 | NT$2.81 Billion | +16.88% |
| 2021-12-31 | NT$2.40 Billion | +6.10% |
| 2020-12-31 | NT$2.27 Billion | +0.75% |
| 2019-12-31 | NT$2.25 Billion | +11.44% |
| 2018-12-31 | NT$2.02 Billion | +22.71% |
| 2017-12-31 | NT$1.64 Billion | -- |