Sun Brothers Development Co Ltd
Sun Brothers Development Co., Limited, together with its subsidiaries, develops, constructs, leases, and sells residential, commercial, and industrial buildings in Taiwan. It is also involved in the wholesale of building materials, real estate sales, leasing, residential and building/industrial plant development, and house construction. Sun Brothers Development Co., Limited was formerly known as … Read more
Sun Brothers Development Co Ltd (3489) - Total Assets
Latest total assets as of June 2025: NT$3.91 Billion TWD
Based on the latest financial reports, Sun Brothers Development Co Ltd (3489) holds total assets worth NT$3.91 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.
Sun Brothers Development Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Sun Brothers Development Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sun Brothers Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sun Brothers Development Co Ltd's total assets of NT$3.91 Billion consist of 94.9% current assets and 5.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 23.4% |
| Accounts Receivable | NT$48.38 Million | 1.3% |
| Inventory | NT$2.45 Billion | 63.8% |
| 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 Sun Brothers Development 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: Sun Brothers Development Co Ltd's current assets represent 94.9% of total assets in 2024, an increase from 93.6% in 2017.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2024, up from 23.0% 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 inventory at 63.8% of total assets.
Sun Brothers Development Co Ltd Competitors by Total Assets
Key competitors of Sun Brothers Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
Sun Brothers Development 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
Moderate asset utilization - Sun Brothers Development Co Ltd generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sun Brothers Development Co Ltd is currently not profitable relative to its asset base.
Sun Brothers Development 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 | 1.38 | 1.32 | 1.52 |
| Quick Ratio | 0.38 | 0.32 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.01 Billion | NT$ 1.15 Billion | NT$ 1.12 Billion |
Sun Brothers Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Sun Brothers Development 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 | 1.47 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -18.2% |
| Total Assets | NT$3.84 Billion |
| Market Capitalization | $21.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sun Brothers Development Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sun Brothers Development Co Ltd's assets decreased by 18.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sun Brothers Development Co Ltd (2017–2024)
The table below shows the annual total assets of Sun Brothers Development Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.84 Billion | -18.23% |
| 2023-12-31 | NT$4.70 Billion | +19.32% |
| 2022-12-31 | NT$3.94 Billion | +13.59% |
| 2021-12-31 | NT$3.47 Billion | -6.75% |
| 2020-12-31 | NT$3.72 Billion | +15.42% |
| 2019-12-31 | NT$3.22 Billion | -7.24% |
| 2018-12-31 | NT$3.47 Billion | -1.70% |
| 2017-12-31 | NT$3.53 Billion | -- |