Higher Way Electronic Co Ltd Total Assets
Higher Way Electronic Co Ltd total assets. Based on the latest financial reports, Higher Way Electronic Co Ltd (3268) holds total assets worth NT$1.03 Billion TWD (≈ $32.47 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. Also see Higher Way Electronic Co Ltd stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Higher Way Electronic Co Ltd (2017–2024)
Total assets of Higher Way Electronic Co Ltd from 2017 to 2024. This chart illustrates how Higher Way Electronic Co Ltd's total assets have evolved over time, based on quarterly financial data. See 3268 live share price for real-time trading data and today's change.
Higher Way Electronic Co Ltd - Asset Composition Analysis
Higher Way Electronic Co Ltd Total Assets Breakdown (December 2024)
Higher Way Electronic Co Ltd total assets breakdown as of December 2024. Higher Way Electronic Co Ltd's total assets of NT$1.03 Billion consist of 67.6% current assets and 32.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 12.7% |
| Accounts Receivable | NT$452.99 Million | 40.3% |
| Inventory | NT$41.15 Million | 3.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Higher Way Electronic 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. Explore Higher Way Electronic Co Ltd short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Higher Way Electronic Co Ltd's current assets represent 67.6% of total assets in 2024, an increase from 57.2% in 2017.
- Cash Position: Cash and equivalents constituted 12.7% of total assets in 2024, up from 8.6% 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 40.3% of total assets.
Higher Way Electronic Co Ltd Competitors by Total Assets
Key competitors of Higher Way Electronic Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Square Co Ltd
KO:402340
|
Korea | ₩27.25 Trillion |
|
United Microelectronics
NYSE:UMC
|
USA | $599.93 Billion |
|
Realtek Semiconductor Corp
TW:2379
|
Taiwan | NT$147.27 Billion |
|
Maxscend Microelectronics Co Ltd
SHE:300782
|
China | CN¥15.14 Billion |
|
FADU Inc.
KQ:440110
|
Korea | ₩106.27 Billion |
|
Motorcomm Electronic Technology Co. Ltd. A
SHG:688515
|
China | CN¥1.63 Billion |
|
Actions Technology Co Ltd
SHG:688049
|
China | CN¥2.47 Billion |
|
Wuxi Chipown Micro-electronics Ltd
SHG:688508
|
China | CN¥3.69 Billion |
Higher Way Electronic 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 | 1.41 | 1.59 | 2.16 |
| Quick Ratio | 1.33 | 1.53 | 2.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$178.99 Million | NT$286.87 Million | NT$368.83 Million |
Higher Way Electronic Co Ltd - Advanced Valuation Insights
This section examines the relationship between Higher Way Electronic 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 | 1.14 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 20.4% |
| Total Assets | NT$1.13 Billion |
| Market Capitalization | $24.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Higher Way Electronic Co Ltd's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Higher Way Electronic Co Ltd's assets grew by 20.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Higher Way Electronic Co Ltd (2017–2024)
The table below shows the annual total assets of Higher Way Electronic Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.13 Billion ≈ $35.46 Million |
+20.42% |
| 2023-12-31 | NT$934.56 Million ≈ $29.44 Million |
+0.28% |
| 2022-12-31 | NT$931.95 Million ≈ $29.36 Million |
+16.96% |
| 2021-12-31 | NT$796.84 Million ≈ $25.10 Million |
-4.51% |
| 2020-12-31 | NT$834.46 Million ≈ $26.29 Million |
-15.73% |
| 2019-12-31 | NT$990.21 Million ≈ $31.20 Million |
+4.18% |
| 2018-12-31 | NT$950.49 Million ≈ $29.95 Million |
-0.06% |
| 2017-12-31 | NT$951.02 Million ≈ $29.96 Million |
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About Higher Way Electronic Co Ltd
Higher Way Electronic Co., Ltd. engages in the sale of consumer, multimedia, and micro controller IC in Taiwan, Hong Kong, Mainland China, the United States, and internationally. It develops IC software and firmware; and provides images, audio, micro controllers, wireless transmission, sensors, apps, and algorithms, as well as design services. The company offers video products, such as multimedia… Read more