Jiin Ming Industry Co Ltd

TWO:3230 Taiwan Electronic Components
Market Cap
$98.08 Million
NT$3.25 Billion TWD
Market Cap Rank
#20623 Global
#1087 in Taiwan
Share Price
NT$38.35
Change (1 day)
-2.54%
52-Week Range
NT$26.55 - NT$66.00
All Time High
NT$66.00
About

Jiin Ming Industry Co., Ltd. provides design manufacturing services in Taiwan. The company offers precision milling machine processing solutions. It also offers mold design, hardware stamping, and surface treatment solutions. The company was founded in 1987 and is headquartered in Taoyuan, Taiwan.

Jiin Ming Industry Co Ltd (3230) - Total Assets

Latest total assets as of September 2025: NT$1.31 Billion TWD

Based on the latest financial reports, Jiin Ming Industry Co Ltd (3230) holds total assets worth NT$1.31 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.

Jiin Ming Industry Co Ltd - Total Assets Trend (2017–2024)

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

Jiin Ming Industry Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Jiin Ming Industry Co Ltd's total assets of NT$1.31 Billion consist of 66.9% current assets and 33.1% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 48.1%
Accounts Receivable NT$175.33 Million 12.4%
Inventory NT$35.01 Million 2.5%
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 Jiin Ming Industry 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: Jiin Ming Industry Co Ltd's current assets represent 66.9% of total assets in 2024, an increase from 38.9% in 2017.
  • Cash Position: Cash and equivalents constituted 48.1% of total assets in 2024, up from 13.5% 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 12.4% of total assets.

Jiin Ming Industry Co Ltd Competitors by Total Assets

Key competitors of Jiin Ming Industry Co Ltd based on total assets are shown below.

Jiin Ming Industry 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: 0.31 - 0.93

Lower asset utilization - Jiin Ming Industry Co Ltd generates 0.31x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -14.87% - 20.74%

Excellent ROA - For every $100 in assets, Jiin Ming Industry Co Ltd generates $ 20.74 in net profit.

Jiin Ming Industry 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 2.86 6.13 1.71
Quick Ratio 2.71 5.87 1.49
Cash Ratio 0.00 0.00 0.00
Working Capital NT$504.89 Million NT$ 820.15 Million NT$ 303.77 Million

Jiin Ming Industry Co Ltd - Advanced Valuation Insights

This section examines the relationship between Jiin Ming Industry 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 3.70
Latest Market Cap to Assets Ratio 0.04
Asset Growth Rate (YoY) 13.4%
Total Assets NT$1.42 Billion
Market Capitalization $56.64 Million USD

Valuation Analysis

Below Book Valuation: The market values Jiin Ming Industry Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Jiin Ming Industry Co Ltd's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Jiin Ming Industry Co Ltd (2017–2024)

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

Year Total Assets Change
2024-12-31 NT$1.42 Billion +13.37%
2023-12-31 NT$1.25 Billion -26.65%
2022-12-31 NT$1.70 Billion -13.97%
2021-12-31 NT$1.98 Billion +51.82%
2020-12-31 NT$1.30 Billion +4.24%
2019-12-31 NT$1.25 Billion +8.65%
2018-12-31 NT$1.15 Billion -22.13%
2017-12-31 NT$1.48 Billion --