Ant Precision Industry Co Ltd

TWO:3646 Taiwan Electronic Components
Market Cap
$29.22 Million
NT$966.71 Million TWD
Market Cap Rank
#25058 Global
#1550 in Taiwan
Share Price
NT$24.60
Change (1 day)
+0.00%
52-Week Range
NT$23.55 - NT$30.10
All Time High
NT$33.86
About

ANT Precision Industry Co., Ltd engages in the manufacture and sell of connectors, wire harnesses, and modules in Taiwan and internationally. It offers mold and die precision parts, and stainless-steel parts; automotive and industrial connectors, and wire harnesses; and modules, such as connectors, cables, PCBAs, housings, and other components. The company also engages in the precision machining,… Read more

Ant Precision Industry Co Ltd (3646) - Total Assets

Latest total assets as of September 2025: NT$915.38 Million TWD

Based on the latest financial reports, Ant Precision Industry Co Ltd (3646) holds total assets worth NT$915.38 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.

Ant Precision Industry Co Ltd - Total Assets Trend (2017–2024)

This chart illustrates how Ant Precision Industry Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ant Precision Industry Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Ant Precision Industry Co Ltd's total assets of NT$915.38 Million consist of 75.8% current assets and 24.2% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 30.7%
Accounts Receivable NT$168.77 Million 20.0%
Inventory NT$158.37 Million 18.8%
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 Ant Precision Industry Co 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: Ant Precision Industry Co Ltd's current assets represent 75.8% of total assets in 2024, a decrease from 83.6% in 2017.
  • Cash Position: Cash and equivalents constituted 30.7% of total assets in 2024, down from 43.6% 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 20.0% of total assets.

Ant Precision Industry Co Ltd Competitors by Total Assets

Key competitors of Ant Precision Industry Co Ltd based on total assets are shown below.

Ant Precision Industry Co 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

Historical Range: 0.80 - 1.01

Strong asset utilization - Ant Precision Industry Co Ltd generates 0.96x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 4.84% - 10.02%

Solid ROA - For every $100 in assets, Ant Precision Industry Co Ltd generates $6.48 in net profit.

Ant Precision Industry Co 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 1.79 2.13 2.43
Quick Ratio 1.38 1.64 1.97
Cash Ratio 0.00 0.00 0.00
Working Capital NT$291.93 Million NT$ 345.26 Million NT$ 343.91 Million

Ant Precision Industry Co Ltd - Advanced Valuation Insights

This section examines the relationship between Ant Precision Industry Co 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 2.00
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) -5.3%
Total Assets NT$842.36 Million
Market Capitalization $21.97 Million USD

Valuation Analysis

Below Book Valuation: The market values Ant Precision Industry Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Ant Precision Industry Co Ltd's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Ant Precision Industry Co Ltd (2017–2024)

The table below shows the annual total assets of Ant Precision Industry Co Ltd from 2017 to 2024.

Year Total Assets Change
2024-12-31 NT$842.36 Million -5.27%
2023-12-31 NT$889.22 Million -8.10%
2022-12-31 NT$967.63 Million +13.62%
2021-12-31 NT$851.65 Million +16.92%
2020-12-31 NT$728.41 Million +9.08%
2019-12-31 NT$667.75 Million +4.46%
2018-12-31 NT$639.22 Million +3.89%
2017-12-31 NT$615.28 Million --