Etrend Hightech
ETREND Hightech Corp. provides analog and mixed-signal testing services in Taiwan. The company offers wafer sort, laser trim, ICs final testing, lead scan and visual and mechanical inspection, tape and reel, and drop shipment services. It also provides test program development; probe card, load board, and DUT board design/fabrication; contactor and socket selection; handler to tester interface; d… Read more
Etrend Hightech (3567) - Total Assets
Latest total assets as of September 2025: NT$614.12 Million TWD
Based on the latest financial reports, Etrend Hightech (3567) holds total assets worth NT$614.12 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.
Etrend Hightech - Total Assets Trend (2017–2024)
This chart illustrates how Etrend Hightech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Etrend Hightech - Asset Composition Analysis
Current Asset Composition (December 2024)
Etrend Hightech's total assets of NT$614.12 Million consist of 37.7% current assets and 62.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 23.6% |
| Accounts Receivable | NT$69.86 Million | 10.8% |
| Inventory | NT$0.00 | 0.0% |
| 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 Etrend Hightech'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: Etrend Hightech's current assets represent 37.7% of total assets in 2024, an increase from 26.2% in 2017.
- Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, up from 6.3% 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 10.8% of total assets.
Etrend Hightech Competitors by Total Assets
Key competitors of Etrend Hightech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SK Hynix Inc
KO:000660
|
Korea | ₩148.44 Trillion |
|
UniTTEC Co Ltd
SHE:000925
|
China | CN¥9.25 Billion |
|
DB HiTek Co Ltd
KO:000990
|
Korea | ₩2.86 Trillion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
China | CN¥1.53 Billion |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309
|
China | CN¥10.85 Billion |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049
|
China | CN¥18.25 Billion |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
|
China | CN¥5.32 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.86 Billion |
Etrend Hightech - 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 - Etrend Hightech generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Etrend Hightech generates $9.77 in net profit.
Etrend Hightech - 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 | 5.43 | 5.37 | 2.81 |
| Quick Ratio | 5.43 | 5.37 | 2.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$176.83 Million | NT$ 179.34 Million | NT$ 138.87 Million |
Etrend Hightech - Advanced Valuation Insights
This section examines the relationship between Etrend Hightech'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 | 1.64 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | NT$648.58 Million |
| Market Capitalization | $24.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Etrend Hightech's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Etrend Hightech's assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Etrend Hightech (2017–2024)
The table below shows the annual total assets of Etrend Hightech from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$648.58 Million | -8.17% |
| 2023-12-31 | NT$706.25 Million | +1.24% |
| 2022-12-31 | NT$697.59 Million | -11.92% |
| 2021-12-31 | NT$792.02 Million | +24.00% |
| 2020-12-31 | NT$638.75 Million | +6.22% |
| 2019-12-31 | NT$601.34 Million | -3.92% |
| 2018-12-31 | NT$625.88 Million | -7.46% |
| 2017-12-31 | NT$676.37 Million | -- |