Ushine Photonics Corporation
Ushine Photonics Corporation engages in the production and supply of indium tin oxide (ITO) film products. The company offers resistive transparent conductive film, projected capacitive transparent conductive film, low-impedance transparent conductive film, iSDMS smart energy management system, an communication and control system products, such as LoRaWAN gateway module, Industrial-grade LoRaWAN … Read more
Ushine Photonics Corporation (3678) - Total Assets
Latest total assets as of June 2025: NT$908.76 Million TWD
Based on the latest financial reports, Ushine Photonics Corporation (3678) holds total assets worth NT$908.76 Million 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.
Ushine Photonics Corporation - Total Assets Trend (2016–2024)
This chart illustrates how Ushine Photonics Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ushine Photonics Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Ushine Photonics Corporation's total assets of NT$908.76 Million consist of 57.8% current assets and 42.2% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 39.4% |
| Accounts Receivable | NT$118.37 Million | 13.3% |
| Inventory | NT$44.59 Million | 5.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$2.14 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Ushine Photonics 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: Ushine Photonics Corporation's current assets represent 57.8% of total assets in 2024, an increase from 25.6% in 2016.
- Cash Position: Cash and equivalents constituted 39.4% of total assets in 2024, up from 3.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 13.3% of total assets.
Ushine Photonics Corporation Competitors by Total Assets
Key competitors of Ushine Photonics Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Ushine Photonics 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 - Ushine Photonics Corporation generates 0.40x 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, Ushine Photonics Corporation generates $7.46 in net profit.
Ushine Photonics 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 | 2.78 | 3.70 | 3.41 |
| Quick Ratio | 2.46 | 3.23 | 2.19 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$328.30 Million | NT$ 338.50 Million | NT$ 154.08 Million |
Ushine Photonics Corporation - Advanced Valuation Insights
This section examines the relationship between Ushine Photonics 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 | 1.88 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 12.1% |
| Total Assets | NT$888.65 Million |
| Market Capitalization | $19.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ushine Photonics Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ushine Photonics Corporation's assets grew by 12.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ushine Photonics Corporation (2016–2024)
The table below shows the annual total assets of Ushine Photonics Corporation from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$888.65 Million | +12.06% |
| 2023-12-31 | NT$793.02 Million | -9.99% |
| 2022-12-31 | NT$881.04 Million | +54.88% |
| 2021-12-31 | NT$568.85 Million | +24.12% |
| 2020-12-31 | NT$458.31 Million | -0.72% |
| 2019-12-31 | NT$461.65 Million | +14.53% |
| 2018-12-31 | NT$403.08 Million | -12.06% |
| 2017-12-31 | NT$458.34 Million | +6.13% |
| 2016-12-31 | NT$431.86 Million | -- |