Tai Shing Electronics Components Corporation
Tai Shing Electronics Components Corporation, together with its subsidiaries, researches, designs, manufactures, and sells solenoids, and solenoid valve and relay products in Asia, Europe, the Americas, and internationally. The company offers linear DC solenoid products comprising open frame, permanent, and tubular solenoids; holding, rotary DC, and customized solenoids; water, air, and oil valve… Read more
Tai Shing Electronics Components Corporation (3426) - Total Assets
Latest total assets as of September 2025: NT$954.54 Million TWD
Based on the latest financial reports, Tai Shing Electronics Components Corporation (3426) holds total assets worth NT$954.54 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.
Tai Shing Electronics Components Corporation - Total Assets Trend (2021–2024)
This chart illustrates how Tai Shing Electronics Components Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tai Shing Electronics Components Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Tai Shing Electronics Components Corporation's total assets of NT$954.54 Million consist of 58.4% current assets and 41.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.5% |
| Accounts Receivable | NT$247.20 Million | 22.5% |
| Inventory | NT$55.04 Million | 5.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Tai Shing Electronics Components Corporation'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: Tai Shing Electronics Components Corporation's current assets represent 58.4% of total assets in 2024, a decrease from 82.7% in 2021.
- Cash Position: Cash and equivalents constituted 19.5% of total assets in 2024, down from 22.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 22.5% of total assets.
Tai Shing Electronics Components Corporation Competitors by Total Assets
Key competitors of Tai Shing Electronics Components Corporation 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 |
Tai Shing Electronics Components Corporation - 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 - Tai Shing Electronics Components Corporation generates 0.71x 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, Tai Shing Electronics Components Corporation generates $8.25 in net profit.
Tai Shing Electronics Components Corporation - 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 | 4.31 | 3.74 | 3.74 |
| Quick Ratio | 3.92 | 3.46 | 3.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$450.38 Million | NT$ 474.27 Million | NT$ 474.27 Million |
Tai Shing Electronics Components Corporation - Advanced Valuation Insights
This section examines the relationship between Tai Shing Electronics Components Corporation'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 | 1.75 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | NT$1.10 Billion |
| Market Capitalization | $14.27K USD |
Valuation Analysis
Below Book Valuation: The market values Tai Shing Electronics Components Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tai Shing Electronics Components Corporation's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tai Shing Electronics Components Corporation (2021–2024)
The table below shows the annual total assets of Tai Shing Electronics Components Corporation from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.10 Billion | +11.05% |
| 2023-12-31 | NT$991.26 Million | -2.28% |
| 2022-12-31 | NT$1.01 Billion | -2.48% |
| 2021-12-31 | NT$1.04 Billion | -- |