Kingstate Electronics (3206) - Total Assets
Based on the latest financial reports, Kingstate Electronics (3206) holds total assets worth NT$3.10 Billion TWD (≈ $97.58 Million USD) 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.
Kingstate Electronics - Total Assets Trend (2017–2024)
This chart illustrates how Kingstate Electronics's total assets have evolved over time, based on quarterly financial data. Also see Kingstate Electronics (3206) total market value for the company's overall valuation and market capitalisation.
Kingstate Electronics - Asset Composition Analysis
Current Asset Composition (December 2024)
Kingstate Electronics's total assets of NT$3.10 Billion consist of 83.7% current assets and 16.3% non-current assets. Review 3206 total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 34.7% |
| Accounts Receivable | NT$991.11 Million | 30.3% |
| Inventory | NT$389.29 Million | 11.9% |
| 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 Kingstate Electronics'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. See Kingstate Electronics stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kingstate Electronics's current assets represent 83.7% of total assets in 2024, an increase from 78.9% in 2017.
- Cash Position: Cash and equivalents constituted 34.7% of total assets in 2024, up from 19.0% 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 accounts receivable at 30.3% of total assets.
Kingstate Electronics Competitors by Total Assets
Key competitors of Kingstate Electronics based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
Shennan Circuits Co Ltd Class A
SHE:002916
|
China | CN¥40.74 Billion |
|
Guangdong Dtech Technology Co. Ltd. A
SHE:301377
|
China | CN¥5.33 Billion |
|
Shenzhen Kinwong Electronic Co Ltd
SHG:603228
|
China | CN¥25.38 Billion |
|
Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673
|
China | CN¥29.20 Billion |
|
Founder Technology Group Co Ltd
SHG:600601
|
China | CN¥8.88 Billion |
|
Zhejiang Crystal Optech Co Ltd
SHE:002273
|
China | CN¥13.97 Billion |
|
Jiangsu Lettall Electronic Co Ltd
SHG:603629
|
China | CN¥5.82 Billion |
Kingstate Electronics - 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 | 1.86 | 1.77 | 1.54 |
| Quick Ratio | 1.63 | 1.56 | 1.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.20 Billion | NT$1.30 Billion | NT$604.84 Million |
Kingstate Electronics - Advanced Valuation Insights
This section examines the relationship between Kingstate Electronics'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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | NT$3.28 Billion |
| Market Capitalization | $63.48 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kingstate Electronics's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Kingstate Electronics's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kingstate Electronics (2017–2024)
The table below shows the annual total assets of Kingstate Electronics from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.28 Billion ≈ $103.23 Million |
+12.94% |
| 2023-12-31 | NT$2.90 Billion ≈ $91.41 Million |
+3.03% |
| 2022-12-31 | NT$2.82 Billion ≈ $88.72 Million |
-1.78% |
| 2021-12-31 | NT$2.87 Billion ≈ $90.32 Million |
+14.30% |
| 2020-12-31 | NT$2.51 Billion ≈ $79.02 Million |
+23.27% |
| 2019-12-31 | NT$2.03 Billion ≈ $64.10 Million |
+2.62% |
| 2018-12-31 | NT$1.98 Billion ≈ $62.47 Million |
+21.47% |
| 2017-12-31 | NT$1.63 Billion ≈ $51.42 Million |
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About Kingstate Electronics
Kingstate Electronics Corp. manufactures and sells acoustic products in Taiwan and internationally. The company offers various products, including piezo buzzers, magnetic buzzers, micro speakers, dynamic receivers, Bluetooth speakers, and electret condenser microphones; and audio products, such as earphones, wired and wireless headphones, Bluetooth headphones, sports headphones, gaming headphones… Read more