Topower Co Ltd (3226) - Total Assets
Based on the latest financial reports, Topower Co Ltd (3226) holds total assets worth NT$2.48 Billion TWD (≈ $78.10 Million USD) as of December 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. Check 3226 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Topower Co Ltd - Total Assets Trend (2017–2025)
This chart illustrates how Topower Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 3226 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Topower Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Topower Co Ltd's total assets of NT$2.48 Billion consist of 46.5% current assets and 53.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 25.5% |
| Accounts Receivable | NT$263.96 Million | 10.7% |
| Inventory | NT$166.21 Million | 6.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
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. For live market cap, price, and company overview, see Topower Co Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Topower Co Ltd's current assets represent 46.5% of total assets in 2025, a decrease from 83.2% in 2017.
- Cash Position: Cash and equivalents constituted 25.5% of total assets in 2025, 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 10.7% of total assets.
Topower Co Ltd Competitors by Total Assets
Key competitors of Topower Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥3.56 Billion |
|
Acrel Co LTD
SHE:300286
|
China | CN¥2.77 Billion |
|
Zhejiang Tony Electronic Co Ltd
SHG:603595
|
China | CN¥4.94 Billion |
|
R&S GROUP HOLDING AG
SW:RSGN
|
Switzerland | CHF270.87 Million |
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 | 2.05 | 2.14 | 1.58 |
| Quick Ratio | 1.75 | 1.88 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$590.81 Million | NT$790.00 Million | NT$565.93 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 | 1.41 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.6% |
| Total Assets | NT$2.48 Billion |
| Market Capitalization | $99.87 Million USD |
Valuation Analysis
Below Book Valuation: The market values Topower Co Ltd's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Topower Co Ltd's assets decreased by 4.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Topower Co Ltd (2017–2025)
The table below shows the annual total assets of Topower Co Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.48 Billion ≈ $78.10 Million |
-4.56% |
| 2024-12-31 | NT$2.60 Billion ≈ $81.83 Million |
+9.73% |
| 2023-12-31 | NT$2.37 Billion ≈ $74.57 Million |
+6.13% |
| 2022-12-31 | NT$2.23 Billion ≈ $70.26 Million |
+1.86% |
| 2021-12-31 | NT$2.19 Billion ≈ $68.98 Million |
-0.41% |
| 2020-12-31 | NT$2.20 Billion ≈ $69.27 Million |
+31.72% |
| 2019-12-31 | NT$1.67 Billion ≈ $52.59 Million |
+5.01% |
| 2018-12-31 | NT$1.59 Billion ≈ $50.08 Million |
+17.96% |
| 2017-12-31 | NT$1.35 Billion ≈ $42.45 Million |
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About Topower Co Ltd
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