Skardin Industrial (3466) - Total Assets
Based on the latest financial reports, Skardin Industrial (3466) holds total assets worth NT$1.83 Billion TWD (≈ $57.66 Million USD) 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. Explore how well can Skardin Industrial service its debt to assess how comfortably operating cash covers total debt obligations.
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. See Skardin Industrial book value and equity for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see market cap of Skardin Industrial.
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 |
|---|---|---|
|
Mitra Komunikasi Nusantara Tbk PT
JK:MKNT
|
Indonesia | Rp416.10 Billion |
|
Advanced Fiber Resources Zhuhai Ltd
SHE:300620
|
China | CN¥3.87 Billion |
|
Wingtech Technology Co Ltd
SHG:600745
|
China | CN¥40.94 Billion |
|
Jushri Technologies Inc Class A
SHE:300762
|
China | CN¥3.96 Billion |
|
Lintes Technology Co Ltd
TW:6715
|
Taiwan | NT$4.61 Billion |
|
AVIT Ltd
SHE:300264
|
China | CN¥208.96 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
USA | $20.07 Million |
|
Digital Multimedia Technology Co.Ltd
KQ:134580
|
Korea | ₩64.59 Billion |
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 | $60.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Skardin Industrial's assets below their book value (0.05x), 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 ≈ $41.30 Million |
-19.89% |
| 2023-12-31 | NT$1.64 Billion ≈ $51.56 Million |
-10.46% |
| 2022-12-31 | NT$1.83 Billion ≈ $57.58 Million |
+20.05% |
| 2021-12-31 | NT$1.52 Billion ≈ $47.96 Million |
-8.23% |
| 2020-12-31 | NT$1.66 Billion ≈ $52.26 Million |
-15.91% |
| 2019-12-31 | NT$1.97 Billion ≈ $62.15 Million |
-10.53% |
| 2018-12-31 | NT$2.20 Billion ≈ $69.46 Million |
+9.36% |
| 2017-12-31 | NT$2.02 Billion ≈ $63.52 Million |
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About 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