Microtips Technology
Microtips Technology Inc. engages in the sale of LCD display modules and digital audio products in Taiwan, the United States, China, and internationally. It offers musical instrument, such as effects testing machine, sounds amplifiers for professional recording studio and concert, digital musical instruments for audio studio, pub and club, digital audio processor, sound recorder, multichannel mix… Read more
Microtips Technology (3285) - Total Assets
Latest total assets as of September 2025: NT$814.43 Million TWD
Based on the latest financial reports, Microtips Technology (3285) holds total assets worth NT$814.43 Million 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.
Microtips Technology - Total Assets Trend (2017–2024)
This chart illustrates how Microtips Technology’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Microtips Technology - Asset Composition Analysis
Current Asset Composition (December 2024)
Microtips Technology's total assets of NT$814.43 Million consist of 82.4% current assets and 17.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 50.3% |
| Accounts Receivable | NT$128.21 Million | 14.5% |
| Inventory | NT$92.72 Million | 10.5% |
| 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 Microtips Technology'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: Microtips Technology's current assets represent 82.4% of total assets in 2024, a decrease from 88.4% in 2017.
- Cash Position: Cash and equivalents constituted 50.3% of total assets in 2024, up from 49.2% 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 14.5% of total assets.
Microtips Technology Competitors by Total Assets
Key competitors of Microtips Technology based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Microtips Technology - 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
Strong asset utilization - Microtips Technology generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Microtips Technology generates $5.67 in net profit.
Microtips Technology - 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 | 3.30 | 3.49 | 3.06 |
| Quick Ratio | 2.94 | 3.04 | 2.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$463.40 Million | NT$ 525.17 Million | NT$ 506.97 Million |
Microtips Technology - Advanced Valuation Insights
This section examines the relationship between Microtips Technology'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 | 2.10 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | NT$885.85 Million |
| Market Capitalization | $18.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Microtips Technology's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Microtips Technology's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Microtips Technology (2017–2024)
The table below shows the annual total assets of Microtips Technology from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$885.85 Million | +3.62% |
| 2023-12-31 | NT$854.92 Million | -8.26% |
| 2022-12-31 | NT$931.87 Million | -5.26% |
| 2021-12-31 | NT$983.62 Million | +8.80% |
| 2020-12-31 | NT$904.10 Million | +10.07% |
| 2019-12-31 | NT$821.36 Million | -21.14% |
| 2018-12-31 | NT$1.04 Billion | +4.19% |
| 2017-12-31 | NT$999.63 Million | -- |