Chernan Metal Industrial
Chernan Metal Industrial Corp. engages in the manufacture and sale of tin and tin wire products in Taiwan and internationally. It also offers copper, nickel, and germanium products. The company was formerly known as Tunghui Tin Industry and changed its name to Chernan Metal Industrial Corp. The company was founded in 1984 and is headquartered in Taoyuan City, Taiwan.
Chernan Metal Industrial (3631) - Total Assets
Latest total assets as of September 2025: NT$2.51 Billion TWD
Based on the latest financial reports, Chernan Metal Industrial (3631) holds total assets worth NT$2.51 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.
Chernan Metal Industrial - Total Assets Trend (2017–2024)
This chart illustrates how Chernan Metal Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chernan Metal Industrial - Asset Composition Analysis
Current Asset Composition (December 2024)
Chernan Metal Industrial's total assets of NT$2.51 Billion consist of 35.4% current assets and 64.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.7% |
| Accounts Receivable | NT$51.20 Million | 1.8% |
| Inventory | NT$232.65 Million | 8.3% |
| 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 Chernan Metal Industrial'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: Chernan Metal Industrial's current assets represent 35.4% of total assets in 2024, a decrease from 70.1% in 2017.
- Cash Position: Cash and equivalents constituted 15.7% of total assets in 2024, down from 20.5% 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 inventory at 8.3% of total assets.
Chernan Metal Industrial Competitors by Total Assets
Key competitors of Chernan Metal Industrial based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Chernan Metal Industrial - 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 - Chernan Metal Industrial generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Chernan Metal Industrial is currently not profitable relative to its asset base.
Chernan Metal Industrial - 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 | 2.49 | 4.22 | 2.95 |
| Quick Ratio | 1.82 | 3.17 | 2.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$469.57 Million | NT$ 755.71 Million | NT$ 936.62 Million |
Chernan Metal Industrial - Advanced Valuation Insights
This section examines the relationship between Chernan Metal Industrial'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 | 1.95 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -1.3% |
| Total Assets | NT$2.81 Billion |
| Market Capitalization | $15.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chernan Metal Industrial's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Chernan Metal Industrial's assets decreased by 1.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Chernan Metal Industrial (2017–2024)
The table below shows the annual total assets of Chernan Metal Industrial from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.81 Billion | -1.29% |
| 2023-12-31 | NT$2.85 Billion | -0.45% |
| 2022-12-31 | NT$2.86 Billion | +3.49% |
| 2021-12-31 | NT$2.77 Billion | +9.73% |
| 2020-12-31 | NT$2.52 Billion | +28.95% |
| 2019-12-31 | NT$1.95 Billion | +2.12% |
| 2018-12-31 | NT$1.91 Billion | -3.35% |
| 2017-12-31 | NT$1.98 Billion | -- |