GlycoNex

TWO:4168 Taiwan Biotechnology
Market Cap
$80.97 Million
NT$2.68 Billion TWD
Market Cap Rank
#20028 Global
#1019 in Taiwan
Share Price
NT$24.20
Change (1 day)
-0.41%
52-Week Range
NT$15.75 - NT$30.45
All Time High
NT$67.99
About

GlycoNex Incorporation engages in the development of cancer drugs using glycosphingolipid antigen and human monoclonal antibody technologies in Taiwan. The company's development pipeline for the treatment of solid tumors includes GNX102, a humanized monoclonal antibody, currently under phase 1 clinical stage; GNX201, an antibody drug currently under preclinical stage; GNX203, glycan-directed anti… Read more

GlycoNex (4168) - Total Assets

Latest total assets as of September 2025: NT$1.55 Billion TWD

Based on the latest financial reports, GlycoNex (4168) holds total assets worth NT$1.55 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.

GlycoNex - Total Assets Trend (2017–2024)

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

GlycoNex - Asset Composition Analysis

Current Asset Composition (December 2024)

GlycoNex's total assets of NT$1.55 Billion consist of 36.6% current assets and 63.5% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 8.3%
Accounts Receivable NT$0.00 0.0%
Inventory NT$0.00 0.0%
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 GlycoNex'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: GlycoNex's current assets represent 36.6% of total assets in 2024, an increase from 31.9% in 2017.
  • Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, down from 23.7% 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 goodwill at 0.0% of total assets.

GlycoNex Competitors by Total Assets

Key competitors of GlycoNex based on total assets are shown below.

Company Country Total Assets
MedPacto Inc
KQ:235980
Korea ₩51.58 Billion
2H0
F:2H0
Germany €15.27 Million
Shenzhen CAU Technology Co Ltd
SHE:000004
China CN¥260.55 Million
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
China CN¥9.58 Billion
Nanhua Bio Medicine Co Ltd
SHE:000504
China CN¥841.96 Million
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
China CN¥509.14 Million
Chengzhi Shareholding Co Ltd
SHE:000990
China CN¥27.52 Billion
Hualan Biological EngineeringInc
SHE:002007
China CN¥16.27 Billion

GlycoNex - 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: 0.00 - 0.02

Lower asset utilization - GlycoNex generates 0.01x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -20.29% - -7.75%

Negative ROA - GlycoNex is currently not profitable relative to its asset base.

GlycoNex - 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 11.24 2.03 19.52
Quick Ratio 11.24 2.03 19.52
Cash Ratio 0.00 0.00 0.00
Working Capital NT$673.08 Million NT$ 271.78 Million NT$ 473.59 Million

GlycoNex - Advanced Valuation Insights

This section examines the relationship between GlycoNex'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 2.85
Latest Market Cap to Assets Ratio 0.05
Asset Growth Rate (YoY) -15.2%
Total Assets NT$1.32 Billion
Market Capitalization $64.89 Million USD

Valuation Analysis

Below Book Valuation: The market values GlycoNex's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: GlycoNex's assets decreased by 15.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for GlycoNex (2017–2024)

The table below shows the annual total assets of GlycoNex from 2017 to 2024.

Year Total Assets Change
2024-12-31 NT$1.32 Billion -15.22%
2023-12-31 NT$1.55 Billion -9.56%
2022-12-31 NT$1.72 Billion +23.08%
2021-12-31 NT$1.40 Billion -11.37%
2020-12-31 NT$1.57 Billion +18.15%
2019-12-31 NT$1.33 Billion -14.70%
2018-12-31 NT$1.56 Billion -16.32%
2017-12-31 NT$1.87 Billion --