TrueLight (3234) - Total Assets
Based on the latest financial reports, TrueLight (3234) holds total assets worth NT$1.07 Billion TWD (≈ $33.61 Million USD) 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.
TrueLight - Total Assets Trend (2017–2024)
This chart illustrates how TrueLight's total assets have evolved over time, based on quarterly financial data. Also see TrueLight stock valuation for the company's overall valuation and market capitalisation.
TrueLight - Asset Composition Analysis
Current Asset Composition (December 2024)
TrueLight's total assets of NT$1.07 Billion consist of 52.0% current assets and 48.0% non-current assets. Review how much debt does TrueLight carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 25.6% |
| Accounts Receivable | NT$88.77 Million | 7.2% |
| Inventory | NT$229.22 Million | 18.5% |
| 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 TrueLight'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 3234 stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TrueLight's current assets represent 52.0% of total assets in 2024, an increase from 44.5% in 2017.
- Cash Position: Cash and equivalents constituted 25.6% of total assets in 2024, up from 12.1% 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 18.5% of total assets.
TrueLight Competitors by Total Assets
Key competitors of TrueLight based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Semiconductor Manufacturing Intl Co
SHG:688981
|
China | CN¥52.27 Billion |
|
Winbond Electronics Corp
TW:2344
|
Taiwan | NT$293.03 Billion |
|
Yuanjie Semiconductor Technology Co. Ltd. A
SHG:688498
|
China | CN¥2.25 Billion |
|
Sitime Corporation
NASDAQ:SITM
|
USA | $2.51 Billion |
|
Shannon Semiconductor Technology Co Ltd
SHE:300475
|
China | CN¥20.79 Billion |
|
Ingenic Semiconductor
SHE:300223
|
China | CN¥15.02 Billion |
|
Goke Microelectronics Co Ltd
SHE:300672
|
China | CN¥6.94 Billion |
|
Asmedia Technology Inc
TW:5269
|
Taiwan | NT$43.30 Billion |
TrueLight - 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 | 3.94 | 3.57 | 0.89 |
| Quick Ratio | 2.59 | 2.39 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$386.55 Million | NT$538.41 Million | NT$-110.92 Million |
TrueLight - Advanced Valuation Insights
This section examines the relationship between TrueLight'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 | 10.75 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | NT$1.24 Billion |
| Market Capitalization | $623.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values TrueLight's assets below their book value (0.50x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TrueLight's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TrueLight (2017–2024)
The table below shows the annual total assets of TrueLight from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.24 Billion ≈ $39.00 Million |
-5.12% |
| 2023-12-31 | NT$1.30 Billion ≈ $41.10 Million |
-20.57% |
| 2022-12-31 | NT$1.64 Billion ≈ $51.75 Million |
-7.83% |
| 2021-12-31 | NT$1.78 Billion ≈ $56.14 Million |
-15.46% |
| 2020-12-31 | NT$2.11 Billion ≈ $66.41 Million |
-10.81% |
| 2019-12-31 | NT$2.36 Billion ≈ $74.45 Million |
-19.81% |
| 2018-12-31 | NT$2.95 Billion ≈ $92.85 Million |
-11.70% |
| 2017-12-31 | NT$3.34 Billion ≈ $105.15 Million |
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About TrueLight
TrueLight Corporation designs, develops, and supplies optical communication components in China, Taiwan, Asia, the United States, and Europe. The company offers optical fiber communication, 4G/5G mobile communication base station interconnection, cloud data center, and 3D sensing/near-field sensing/flood illumination products. It also provides vertical cavity surface emitting lasers, edge lasers,… Read more