Hsinjing Holding Co Ltd
Hsinjing Holding Co., Ltd., together with its subsidiaries, plans, designs, and installs solar power generation systems in Taiwan. The company engages in the research, development, manufacturing, and sale of various solar panel modules; investment, development, construction, and operation of solar power plants; and ownership of solar power stations. It is also involved in renewable energy self-us… Read more
Hsinjing Holding Co Ltd (3713) - Total Assets
Latest total assets as of September 2025: NT$2.91 Billion TWD
Based on the latest financial reports, Hsinjing Holding Co Ltd (3713) holds total assets worth NT$2.91 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.
Hsinjing Holding Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Hsinjing Holding Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hsinjing Holding Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hsinjing Holding Co Ltd's total assets of NT$2.91 Billion consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 6.1% |
| Accounts Receivable | NT$33.85 Million | 1.1% |
| Inventory | NT$113.17 Million | 3.8% |
| 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 Hsinjing Holding 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: Hsinjing Holding Co Ltd's current assets represent 22.3% of total assets in 2024, a decrease from 65.0% in 2017.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 15.6% 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 inventory at 3.8% of total assets.
Hsinjing Holding Co Ltd Competitors by Total Assets
Key competitors of Hsinjing Holding Co Ltd 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 |
Hsinjing Holding 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
Lower asset utilization - Hsinjing Holding Co Ltd generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hsinjing Holding Co Ltd is currently not profitable relative to its asset base.
Hsinjing Holding 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 | 0.68 | 0.62 | 1.65 |
| Quick Ratio | 0.57 | 0.53 | 0.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-288.42 Million | NT$ -483.86 Million | NT$ 133.47 Million |
Hsinjing Holding Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hsinjing Holding 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 | 2.06 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | NT$2.98 Billion |
| Market Capitalization | $29.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hsinjing Holding Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hsinjing Holding Co Ltd's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hsinjing Holding Co Ltd (2017–2024)
The table below shows the annual total assets of Hsinjing Holding Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.98 Billion | +8.77% |
| 2023-12-31 | NT$2.74 Billion | +12.02% |
| 2022-12-31 | NT$2.45 Billion | +60.09% |
| 2021-12-31 | NT$1.53 Billion | +106.46% |
| 2020-12-31 | NT$740.57 Million | +30.93% |
| 2019-12-31 | NT$565.61 Million | -18.59% |
| 2018-12-31 | NT$694.78 Million | +24.10% |
| 2017-12-31 | NT$559.85 Million | -- |