Chitec Technology Co., Ltd.
Chitec Technology Co., Ltd. engages in the research and development of specialty chemicals for applications in automotive coatings, industrial coatings, wood coatings, automotive & transportation, building & construction, packaging, agriculture, consumer goods, textiles and fibers, electrical and electronics, UV/led curing and printing, adhesives and sealants, optical coatings, and other industri… Read more
Chitec Technology Co., Ltd. (3430) - Total Assets
Latest total assets as of December 2024: NT$1.59 Billion TWD
Based on the latest financial reports, Chitec Technology Co., Ltd. (3430) holds total assets worth NT$1.59 Billion TWD as of December 2024.
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.
Chitec Technology Co., Ltd. - Total Assets Trend (2016–2024)
This chart illustrates how Chitec Technology Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chitec Technology Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Chitec Technology Co., Ltd.'s total assets of NT$1.59 Billion consist of 71.9% current assets and 28.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 25.3% |
| Accounts Receivable | NT$197.20 Million | 12.4% |
| Inventory | NT$477.42 Million | 30.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$1.99 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Chitec Technology 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Chitec Technology Co., Ltd.'s current assets represent 71.9% of total assets in 2024, an increase from 49.6% in 2016.
- Cash Position: Cash and equivalents constituted 25.3% of total assets in 2024, up from 6.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 30.0% of total assets.
Chitec Technology Co., Ltd. Competitors by Total Assets
Key competitors of Chitec Technology Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Chitec Technology Co., Ltd. - 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 - Chitec Technology Co., Ltd. generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Chitec Technology Co., Ltd. generates $ 10.14 in net profit.
Chitec Technology 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 | 3.87 | 3.72 | 1.65 |
| Quick Ratio | 2.26 | 2.21 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$847.89 Million | NT$ 761.01 Million | NT$ 288.06 Million |
Chitec Technology Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Chitec Technology 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 | - |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | NT$1.59 Billion |
| Market Capitalization | $42.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chitec Technology Co., Ltd.'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Chitec Technology Co., Ltd.'s assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Chitec Technology Co., Ltd. (2016–2024)
The table below shows the annual total assets of Chitec Technology Co., Ltd. from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.59 Billion | +10.94% |
| 2023-12-31 | NT$1.43 Billion | -1.71% |
| 2022-12-31 | NT$1.46 Billion | +20.31% |
| 2021-12-31 | NT$1.21 Billion | +2.89% |
| 2020-12-31 | NT$1.18 Billion | -6.41% |
| 2019-12-31 | NT$1.26 Billion | +2.25% |
| 2018-12-31 | NT$1.23 Billion | +0.87% |
| 2017-12-31 | NT$1.22 Billion | +1.69% |
| 2016-12-31 | NT$1.20 Billion | -- |