Hsin-Sin Textile Co Ltd
Hsin Sin Textile Co., Ltd. engages in the manufacturing, processing, and trading of processed yarn, twisted yarn, and other products under the Yu Shan Long brand in Taiwan. The company offers wooly stretch, set, air entangling, high count, high stretch, non-torque, thick and thin, color textured, single discat, and wormy yarn; micro fiber; modified polyester; and soft package microfiber. It also … Read more
Hsin-Sin Textile Co Ltd (4406) - Total Assets
Latest total assets as of September 2025: NT$872.55 Million TWD
Based on the latest financial reports, Hsin-Sin Textile Co Ltd (4406) holds total assets worth NT$872.55 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.
Hsin-Sin Textile Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Hsin-Sin Textile Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hsin-Sin Textile Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Hsin-Sin Textile Co Ltd's total assets of NT$872.55 Million consist of 41.6% current assets and 58.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 1.3% |
| Accounts Receivable | NT$58.41 Million | 6.5% |
| Inventory | NT$129.43 Million | 14.4% |
| 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 Hsin-Sin Textile 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: Hsin-Sin Textile Co Ltd's current assets represent 41.6% of total assets in 2024, a decrease from 52.0% in 2017.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 17.7% 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 inventory at 14.4% of total assets.
Hsin-Sin Textile Co Ltd Competitors by Total Assets
Key competitors of Hsin-Sin Textile Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Hsin-Sin Textile 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
Moderate asset utilization - Hsin-Sin Textile Co Ltd generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hsin-Sin Textile Co Ltd is currently not profitable relative to its asset base.
Hsin-Sin Textile 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 | 1.20 | 1.34 | 2.34 |
| Quick Ratio | 0.78 | 0.88 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$59.44 Million | NT$ 93.48 Million | NT$ 239.50 Million |
Hsin-Sin Textile Co Ltd - Advanced Valuation Insights
This section examines the relationship between Hsin-Sin Textile 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 | 0.98 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | NT$897.93 Million |
| Market Capitalization | $8.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hsin-Sin Textile 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: Hsin-Sin Textile Co Ltd's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hsin-Sin Textile Co Ltd (2017–2024)
The table below shows the annual total assets of Hsin-Sin Textile Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$897.93 Million | +0.31% |
| 2023-12-31 | NT$895.15 Million | +3.31% |
| 2022-12-31 | NT$866.50 Million | +2.37% |
| 2021-12-31 | NT$846.47 Million | +7.12% |
| 2020-12-31 | NT$790.23 Million | -12.08% |
| 2019-12-31 | NT$898.81 Million | -1.46% |
| 2018-12-31 | NT$912.15 Million | +12.86% |
| 2017-12-31 | NT$808.24 Million | -- |