Ways Technical Ltd
Ways Technical Corp., Ltd. manufactures and process plastic daily necessities, surface treatment products, and electronic parts and components in Taiwan, China, and internationally. The company offers tooling center, plastic/metal center, surface treatment center, and assembly center services, organic photovoltaics, energy storage solutions, and miniature super-capacitors. It also manufactures, p… Read more
Ways Technical Ltd (3508) - Total Assets
Latest total assets as of September 2025: NT$2.54 Billion TWD
Based on the latest financial reports, Ways Technical Ltd (3508) holds total assets worth NT$2.54 Billion 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.
Ways Technical Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Ways Technical Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ways Technical Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ways Technical Ltd's total assets of NT$2.54 Billion consist of 32.9% current assets and 67.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 17.9% |
| Accounts Receivable | NT$206.61 Million | 7.4% |
| Inventory | NT$122.52 Million | 4.4% |
| 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 Ways Technical 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: Ways Technical Ltd's current assets represent 32.9% of total assets in 2024, a decrease from 55.3% in 2017.
- Cash Position: Cash and equivalents constituted 17.9% of total assets in 2024, down from 25.5% 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 7.4% of total assets.
Ways Technical Ltd Competitors by Total Assets
Key competitors of Ways Technical Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chinyang Hold
KO:100250
|
Korea | ₩686.19 Billion |
|
DL Holdings Co Ltd Preferred
KO:000215
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
Ways Technical 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
Lower asset utilization - Ways Technical Ltd generates 0.23x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ways Technical Ltd is currently not profitable relative to its asset base.
Ways Technical 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 | 0.50 | 0.57 | 0.84 |
| Quick Ratio | 0.42 | 0.51 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-754.40 Million | NT$ -644.88 Million | NT$ -232.97 Million |
Ways Technical Ltd - Advanced Valuation Insights
This section examines the relationship between Ways Technical 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 | 7.57 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | NT$2.78 Billion |
| Market Capitalization | $110.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ways Technical Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ways Technical Ltd's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ways Technical Ltd (2017–2024)
The table below shows the annual total assets of Ways Technical Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.78 Billion | -4.42% |
| 2023-12-31 | NT$2.91 Billion | +1.47% |
| 2022-12-31 | NT$2.87 Billion | -10.11% |
| 2021-12-31 | NT$3.19 Billion | -1.54% |
| 2020-12-31 | NT$3.24 Billion | +11.10% |
| 2019-12-31 | NT$2.91 Billion | -6.55% |
| 2018-12-31 | NT$3.12 Billion | -1.30% |
| 2017-12-31 | NT$3.16 Billion | -- |