Advance Materials Corporation
Advance Materials Corporation manufactures and sells electronic components in Taiwan and Asia. The company offers low CTE non-flow prepreg, dry film solder mask, chip resistor protective ink, glass substrate, flexible printed circuit material, touchscreen, particular photoresist, and two-fluid type photoimageable solder resist. It also provides copper clad laminate; optical materials, including e… Read more
Advance Materials Corporation (3585) - Total Assets
Latest total assets as of June 2025: NT$1.19 Billion TWD
Based on the latest financial reports, Advance Materials Corporation (3585) holds total assets worth NT$1.19 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.
Advance Materials Corporation - Total Assets Trend (2020–2024)
This chart illustrates how Advance Materials Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Advance Materials Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Advance Materials Corporation's total assets of NT$1.19 Billion consist of 71.3% current assets and 28.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 52.1% |
| Accounts Receivable | NT$192.77 Million | 15.2% |
| Inventory | NT$46.91 Million | 3.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$2.19 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Advance Materials Corporation'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: Advance Materials Corporation's current assets represent 71.3% of total assets in 2024, an increase from 52.4% in 2020.
- Cash Position: Cash and equivalents constituted 52.1% of total assets in 2024, up from 33.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 15.2% of total assets.
Advance Materials Corporation Competitors by Total Assets
Key competitors of Advance Materials Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Advance Materials Corporation - 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 - Advance Materials Corporation generates 0.30x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Advance Materials Corporation generates $ 4.36 in net profit.
Advance Materials Corporation - 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 | 6.44 | 5.95 | 4.56 |
| Quick Ratio | 5.99 | 5.57 | 4.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$708.12 Million | NT$ 782.72 Million | NT$ 327.52 Million |
Advance Materials Corporation - Advanced Valuation Insights
This section examines the relationship between Advance Materials Corporation'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 | 1.33 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | NT$1.26 Billion |
| Market Capitalization | $31.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Advance Materials Corporation's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Advance Materials Corporation's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Advance Materials Corporation (2020–2024)
The table below shows the annual total assets of Advance Materials Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.26 Billion | -3.81% |
| 2023-12-31 | NT$1.32 Billion | -17.64% |
| 2022-12-31 | NT$1.60 Billion | -5.81% |
| 2021-12-31 | NT$1.70 Billion | +7.48% |
| 2020-12-31 | NT$1.58 Billion | -- |