Niching Industrial

TWO:3444 Taiwan Semiconductor Equipment & Materials
Market Cap
$82.14 Million
NT$2.72 Billion TWD
Market Cap Rank
#20571 Global
#1079 in Taiwan
Share Price
NT$60.40
Change (1 day)
+0.17%
52-Week Range
NT$46.40 - NT$79.80
All Time High
NT$136.00
About

Niching Industrial Corporation manufactures, markets and sells semiconductor, flat panel display, LED, green energy, and nanotechnology products. It provides silver pastes products, including customized silver paste, pure and hybrid silver sintering paste, snap cure anisotropic conductive paste, conductive silver paste, and screen-printing silver paste; semiconductor package substrate, such as me… Read more

Niching Industrial (3444) - Total Assets

Latest total assets as of June 2025: NT$1.46 Billion TWD

Based on the latest financial reports, Niching Industrial (3444) holds total assets worth NT$1.46 Billion TWD as of June 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.

Niching Industrial - Total Assets Trend (2017–2024)

This chart illustrates how Niching Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Niching Industrial - Asset Composition Analysis

Current Asset Composition (December 2024)

Niching Industrial's total assets of NT$1.46 Billion consist of 62.9% current assets and 37.1% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 22.0%
Accounts Receivable NT$550.37 Million 36.4%
Inventory NT$60.61 Million 4.0%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$102.00K 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2017–2024)

This chart illustrates how Niching Industrial'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: Niching Industrial's current assets represent 62.9% of total assets in 2024, a decrease from 64.7% in 2017.
  • Cash Position: Cash and equivalents constituted 22.0% of total assets in 2024, up from 17.0% 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 36.4% of total assets.

Niching Industrial Competitors by Total Assets

Key competitors of Niching Industrial based on total assets are shown below.

Niching Industrial - 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

Historical Range: 0.68 - 1.05

Strong asset utilization - Niching Industrial generates 0.76x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 5.56% - 13.71%

Solid ROA - For every $100 in assets, Niching Industrial generates $7.10 in net profit.

Niching Industrial - 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 2.33 2.07 1.67
Quick Ratio 2.22 1.96 1.56
Cash Ratio 0.00 0.00 0.00
Working Capital NT$604.38 Million NT$ 464.78 Million NT$ 308.54 Million

Niching Industrial - Advanced Valuation Insights

This section examines the relationship between Niching Industrial'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 2.70
Latest Market Cap to Assets Ratio 0.04
Asset Growth Rate (YoY) 5.7%
Total Assets NT$1.51 Billion
Market Capitalization $57.33 Million USD

Valuation Analysis

Below Book Valuation: The market values Niching Industrial's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Niching Industrial's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Niching Industrial (2017–2024)

The table below shows the annual total assets of Niching Industrial from 2017 to 2024.

Year Total Assets Change
2024-12-31 NT$1.51 Billion +5.75%
2023-12-31 NT$1.43 Billion +0.04%
2022-12-31 NT$1.43 Billion +8.78%
2021-12-31 NT$1.31 Billion +0.94%
2020-12-31 NT$1.30 Billion +14.35%
2019-12-31 NT$1.14 Billion +24.83%
2018-12-31 NT$912.10 Million +6.12%
2017-12-31 NT$859.50 Million --