Globalsat Worldcom

TWO:3499 Taiwan Scientific & Technical Instruments
Market Cap
$28.74 Million
NT$950.99 Million TWD
Market Cap Rank
#25943 Global
#1629 in Taiwan
Share Price
NT$17.30
Change (1 day)
-1.98%
52-Week Range
NT$12.50 - NT$21.35
All Time High
NT$27.80
About

GlobalSat WorldCom Corporation, together with its subsidiaries, manufactures and sells GPS receivers and module makers in America, Asia, Europe, and internationally. The company offers GPS/Bluetooth wearable sports devices; satellite trackers; drone and autopilot products; tracking devices, including animal, asset, personal, and vehicle trackers; and support products. It also provides IoT/M2M pro… Read more

Globalsat Worldcom (3499) - Total Assets

Latest total assets as of September 2025: NT$747.49 Million TWD

Based on the latest financial reports, Globalsat Worldcom (3499) holds total assets worth NT$747.49 Million TWD as of September 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.

Globalsat Worldcom - Total Assets Trend (2017–2024)

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

Globalsat Worldcom - Asset Composition Analysis

Current Asset Composition (December 2024)

Globalsat Worldcom's total assets of NT$747.49 Million consist of 62.8% current assets and 37.2% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 27.8%
Accounts Receivable NT$59.93 Million 6.7%
Inventory NT$180.53 Million 20.2%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$1.07 Million 0.1%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2017–2024)

This chart illustrates how Globalsat Worldcom'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: Globalsat Worldcom's current assets represent 62.8% of total assets in 2024, an increase from 60.1% in 2017.
  • Cash Position: Cash and equivalents constituted 27.8% of total assets in 2024, up from 27.7% 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 20.2% of total assets.

Globalsat Worldcom Competitors by Total Assets

Key competitors of Globalsat Worldcom based on total assets are shown below.

Globalsat Worldcom - 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: 0.30 - 0.61

Moderate asset utilization - Globalsat Worldcom generates 0.49x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -3.66% - 2.64%

Moderate ROA - For every $100 in assets, Globalsat Worldcom generates $ 0.15 in net profit.

Globalsat Worldcom - 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 1.68 1.72 1.42
Quick Ratio 1.09 1.06 1.16
Cash Ratio 0.00 0.00 0.00
Working Capital NT$178.07 Million NT$ 218.12 Million NT$ 237.44 Million

Globalsat Worldcom - Advanced Valuation Insights

This section examines the relationship between Globalsat Worldcom'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 2.15
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -2.7%
Total Assets NT$894.00 Million
Market Capitalization $18.03 Million USD

Valuation Analysis

Below Book Valuation: The market values Globalsat Worldcom's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Globalsat Worldcom's assets decreased by 2.7% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Globalsat Worldcom (2017–2024)

The table below shows the annual total assets of Globalsat Worldcom from 2017 to 2024.

Year Total Assets Change
2024-12-31 NT$894.00 Million -2.70%
2023-12-31 NT$918.77 Million -16.31%
2022-12-31 NT$1.10 Billion -5.30%
2021-12-31 NT$1.16 Billion +0.38%
2020-12-31 NT$1.15 Billion -3.14%
2019-12-31 NT$1.19 Billion +5.07%
2018-12-31 NT$1.13 Billion +11.02%
2017-12-31 NT$1.02 Billion --