Topower Co Ltd

TWO:3226 Taiwan Electrical Equipment & Parts
Market Cap
$99.90 Million
NT$3.31 Billion TWD
Market Cap Rank
#22541 Global
#1297 in Taiwan
Share Price
NT$51.30
Change (1 day)
+0.00%
52-Week Range
NT$39.45 - NT$58.00
All Time High
NT$71.38
About

LFA Co., Ltd. engages in the manufacture and sale of automotive components, electronic components, and power supplies in Taiwan. It offers LED headlight, truck headlight, fog light, car LED tail lamp, and truck LED headlight. The company was formerly known as Topower Co., Ltd. and changed its name to LFA Co., Ltd. in December 2024. LFA Co., Ltd. was founded in 1975 and is headquartered in Tainan … Read more

Topower Co Ltd (3226) - Total Assets

Latest total assets as of September 2025: NT$2.49 Billion TWD

Based on the latest financial reports, Topower Co Ltd (3226) holds total assets worth NT$2.49 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.

Topower Co Ltd - Total Assets Trend (2017–2024)

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

Topower Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Topower Co Ltd's total assets of NT$2.49 Billion consist of 57.2% current assets and 42.8% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 30.1%
Accounts Receivable NT$461.62 Million 17.8%
Inventory NT$179.06 Million 6.9%
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 Topower 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: Topower Co Ltd's current assets represent 57.2% of total assets in 2024, a decrease from 83.2% in 2017.
  • Cash Position: Cash and equivalents constituted 30.1% of total assets in 2024, up from 24.4% 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 17.8% of total assets.

Topower Co Ltd Competitors by Total Assets

Key competitors of Topower Co Ltd based on total assets are shown below.

Topower 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: 0.82 - 1.33

Strong asset utilization - Topower Co Ltd generates 0.82x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 10.45% - 18.15%

Excellent ROA - For every $100 in assets, Topower Co Ltd generates $ 13.79 in net profit.

Topower 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 1.90 2.07 1.89
Quick Ratio 1.63 1.82 1.70
Cash Ratio 0.00 0.00 0.00
Working Capital NT$546.87 Million NT$ 725.03 Million NT$ 760.35 Million

Topower Co Ltd - Advanced Valuation Insights

This section examines the relationship between Topower 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 1.82
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 9.7%
Total Assets NT$2.60 Billion
Market Capitalization $37.80 Million USD

Valuation Analysis

Below Book Valuation: The market values Topower Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Topower Co Ltd's assets grew by 9.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Topower Co Ltd (2017–2024)

The table below shows the annual total assets of Topower Co Ltd from 2017 to 2024.

Year Total Assets Change
2024-12-31 NT$2.60 Billion +9.73%
2023-12-31 NT$2.37 Billion +6.13%
2022-12-31 NT$2.23 Billion +1.86%
2021-12-31 NT$2.19 Billion -0.41%
2020-12-31 NT$2.20 Billion +31.72%
2019-12-31 NT$1.67 Billion +5.01%
2018-12-31 NT$1.59 Billion +17.96%
2017-12-31 NT$1.35 Billion --