Gigasolar Materials
Giga Solar Materials Corp. engages in the research and development, manufacture, and sale of solar conductive plasma. It provides conductive pastes for photovoltaic cells, such as front and rear Ag, and rear Al pastes. The company was founded in 2003 and is based in Hsinchu City, Taiwan.
Gigasolar Materials (3691) - Total Assets
Latest total assets as of September 2025: NT$12.14 Billion TWD
Based on the latest financial reports, Gigasolar Materials (3691) holds total assets worth NT$12.14 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.
Gigasolar Materials - Total Assets Trend (2015–2024)
This chart illustrates how Gigasolar Materials’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gigasolar Materials - Asset Composition Analysis
Current Asset Composition (December 2024)
Gigasolar Materials's total assets of NT$12.14 Billion consist of 49.7% current assets and 50.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 13.8% |
| Accounts Receivable | NT$957.11 Million | 7.8% |
| Inventory | NT$1.16 Billion | 9.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Gigasolar Materials'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: Gigasolar Materials's current assets represent 49.7% of total assets in 2024, a decrease from 76.2% in 2015.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2024, down from 21.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 9.5% of total assets.
Gigasolar Materials Competitors by Total Assets
Key competitors of Gigasolar Materials based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Gigasolar Materials - 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
Moderate asset utilization - Gigasolar Materials generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gigasolar Materials is currently not profitable relative to its asset base.
Gigasolar Materials - 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 | 3.05 | 2.12 | 1.36 |
| Quick Ratio | 2.44 | 1.73 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.68 Billion | NT$ 3.60 Billion | NT$ 1.95 Billion |
Gigasolar Materials - Advanced Valuation Insights
This section examines the relationship between Gigasolar Materials'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 | 1.85 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | NT$12.21 Billion |
| Market Capitalization | $145.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gigasolar Materials's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gigasolar Materials's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gigasolar Materials (2015–2024)
The table below shows the annual total assets of Gigasolar Materials from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.21 Billion | +6.30% |
| 2023-12-31 | NT$11.48 Billion | -5.96% |
| 2022-12-31 | NT$12.21 Billion | -1.47% |
| 2021-12-31 | NT$12.39 Billion | -6.12% |
| 2020-12-31 | NT$13.20 Billion | +6.97% |
| 2019-12-31 | NT$12.34 Billion | -25.04% |
| 2018-12-31 | NT$16.47 Billion | -15.92% |
| 2017-12-31 | NT$19.58 Billion | +5.95% |
| 2016-12-31 | NT$18.48 Billion | +19.62% |
| 2015-12-31 | NT$15.45 Billion | -- |