Radiant Innovation
Radiant Innovation Inc. engages in the design and development of infrared technology products in Taiwan, Japan, and Germany. It offers medical infrared thermometers, including infrared ear, non-contact forehead, and multi-function thermometers, as well as probe cover; and CO2 monitors. The company also offers industrial infrared thermometers, infrared precision thermal imagers, infrared precision… Read more
Radiant Innovation (3373) - Total Assets
Latest total assets as of September 2025: NT$852.27 Million TWD
Based on the latest financial reports, Radiant Innovation (3373) holds total assets worth NT$852.27 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.
Radiant Innovation - Total Assets Trend (2017–2024)
This chart illustrates how Radiant Innovation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Radiant Innovation - Asset Composition Analysis
Current Asset Composition (December 2024)
Radiant Innovation's total assets of NT$852.27 Million consist of 77.3% current assets and 22.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.8% |
| Accounts Receivable | NT$55.16 Million | 5.9% |
| Inventory | NT$488.51 Million | 52.2% |
| 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 Radiant Innovation'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: Radiant Innovation's current assets represent 77.3% of total assets in 2024, an increase from 74.3% in 2017.
- Cash Position: Cash and equivalents constituted 15.8% of total assets in 2024, down from 22.1% 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 52.2% of total assets.
Radiant Innovation Competitors by Total Assets
Key competitors of Radiant Innovation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Radiant Innovation - 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
Moderate asset utilization - Radiant Innovation generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Radiant Innovation is currently not profitable relative to its asset base.
Radiant Innovation - 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 | 10.16 | 10.34 | 2.86 |
| Quick Ratio | 3.16 | 3.32 | 1.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$585.59 Million | NT$ 660.02 Million | NT$ 1.06 Billion |
Radiant Innovation - Advanced Valuation Insights
This section examines the relationship between Radiant Innovation'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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | NT$935.42 Million |
| Market Capitalization | $18.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Radiant Innovation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Radiant Innovation's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Radiant Innovation (2017–2024)
The table below shows the annual total assets of Radiant Innovation from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$935.42 Million | -4.48% |
| 2023-12-31 | NT$979.30 Million | -12.31% |
| 2022-12-31 | NT$1.12 Billion | -9.96% |
| 2021-12-31 | NT$1.24 Billion | -35.56% |
| 2020-12-31 | NT$1.92 Billion | +145.73% |
| 2019-12-31 | NT$783.22 Million | -1.65% |
| 2018-12-31 | NT$796.34 Million | -1.06% |
| 2017-12-31 | NT$804.84 Million | -- |