Papago Inc.
Papago Inc. develops and sells software and hardware for satellite navigation systems in Taiwan and internationally. The company offers face recognition solutions; electronic signage products; satellite navigation products, such as handheld navigation and car navigation; car-mounted android phone products; smart life products; and driving recorders. It offers its products online, as well as throu… Read more
Papago Inc. (3632) - Total Assets
Latest total assets as of June 2024: NT$364.86 Million TWD
Based on the latest financial reports, Papago Inc. (3632) holds total assets worth NT$364.86 Million TWD as of June 2024.
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.
Papago Inc. - Total Assets Trend (2019–2023)
This chart illustrates how Papago Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Papago Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Papago Inc.'s total assets of NT$364.86 Million consist of 42.5% current assets and 57.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 18.5% |
| Accounts Receivable | NT$58.87 Million | 15.6% |
| Inventory | NT$31.57 Million | 8.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Papago Inc.'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: Papago Inc.'s current assets represent 42.5% of total assets in 2023, an increase from 0.8% in 2019.
- Cash Position: Cash and equivalents constituted 18.5% of total assets in 2023, up from 13.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 15.6% of total assets.
Papago Inc. Competitors by Total Assets
Key competitors of Papago Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Papago Inc. - 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
Strong asset utilization - Papago Inc. generates 1.04x 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, Papago Inc. generates $ 1.17 in net profit.
Papago Inc. - 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 | 1.45 | 1.53 | 1.17 |
| Quick Ratio | 1.13 | 1.23 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$44.76 Million | NT$ 55.33 Million | NT$ 20.60 Million |
Papago Inc. - Advanced Valuation Insights
This section examines the relationship between Papago Inc.'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 | 3.21 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -2.3% |
| Total Assets | NT$377.59 Million |
| Market Capitalization | $10.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Papago Inc.'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Papago Inc.'s assets decreased by 2.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Papago Inc. (2019–2023)
The table below shows the annual total assets of Papago Inc. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$377.59 Million | -2.28% |
| 2022-12-31 | NT$386.40 Million | -8.48% |
| 2021-12-31 | NT$422.20 Million | -39.18% |
| 2020-12-31 | NT$694.22 Million | -20.61% |
| 2019-12-31 | NT$874.42 Million | -- |