Skardin Industrial
Skardin Industrial Corporation, a consumer electronics manufacturing company, manufactures, supplies, and exports set top box and broadband industry solutions in Taiwan and internationally. The company offers STB platforms, smart home products, WIFI speakers, hybrid sound base and sound bars, and software/middleware products. Skardin Industrial Corporation was incorporated in 1982 and is based in… Read more
Skardin Industrial (3466) - Total Assets
Latest total assets as of June 2025: NT$1.83 Billion TWD
Based on the latest financial reports, Skardin Industrial (3466) holds total assets worth NT$1.83 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.
Skardin Industrial - Total Assets Trend (2017–2024)
This chart illustrates how Skardin Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Skardin Industrial - Asset Composition Analysis
Current Asset Composition (December 2024)
Skardin Industrial's total assets of NT$1.83 Billion consist of 52.8% current assets and 47.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 17.1% |
| Accounts Receivable | NT$88.22 Million | 6.7% |
| Inventory | NT$39.45 Million | 3.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Skardin 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: Skardin Industrial's current assets represent 52.8% of total assets in 2024, a decrease from 69.0% in 2017.
- Cash Position: Cash and equivalents constituted 17.1% of total assets in 2024, up from 13.1% 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 accounts receivable at 6.7% of total assets.
Skardin Industrial Competitors by Total Assets
Key competitors of Skardin Industrial based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Skardin 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
Lower asset utilization - Skardin Industrial generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Skardin Industrial is currently not profitable relative to its asset base.
Skardin 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 | 4.67 | 1.52 | 2.56 |
| Quick Ratio | 4.65 | 1.36 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$980.03 Million | NT$ 286.12 Million | NT$ 690.02 Million |
Skardin Industrial - Advanced Valuation Insights
This section examines the relationship between Skardin 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 | 2.39 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -19.9% |
| Total Assets | NT$1.31 Billion |
| Market Capitalization | $64.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Skardin Industrial's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Skardin Industrial's assets decreased by 19.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Skardin Industrial (2017–2024)
The table below shows the annual total assets of Skardin Industrial from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.31 Billion | -19.89% |
| 2023-12-31 | NT$1.64 Billion | -10.46% |
| 2022-12-31 | NT$1.83 Billion | +20.05% |
| 2021-12-31 | NT$1.52 Billion | -8.23% |
| 2020-12-31 | NT$1.66 Billion | -15.91% |
| 2019-12-31 | NT$1.97 Billion | -10.53% |
| 2018-12-31 | NT$2.20 Billion | +9.36% |
| 2017-12-31 | NT$2.02 Billion | -- |