Kwang Ming Silk Mill Co Ltd
Kwang Ming Silk Mill Co., Ltd. manufactures and sells processed polyester yarns in Taiwan. It operates in two divisions, Fiber and Real Estate Development. It offers fine denier and functional yarns; knitted yarns; and composite, specialized functional, and synthetic fabrics. The company's products are used in fashion apparel, eco-friendly recycled polyester fabrics, outdoor and leisure sportswea… Read more
Kwang Ming Silk Mill Co Ltd (4420) - Total Assets
Latest total assets as of September 2025: NT$1.73 Billion TWD
Based on the latest financial reports, Kwang Ming Silk Mill Co Ltd (4420) holds total assets worth NT$1.73 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.
Kwang Ming Silk Mill Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Kwang Ming Silk Mill Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kwang Ming Silk Mill Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Kwang Ming Silk Mill Co Ltd's total assets of NT$1.73 Billion consist of 33.9% current assets and 66.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 2.7% |
| Accounts Receivable | NT$106.43 Million | 5.3% |
| Inventory | NT$72.97 Million | 3.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Kwang Ming Silk Mill 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: Kwang Ming Silk Mill Co Ltd's current assets represent 33.9% of total assets in 2024, a decrease from 42.2% in 2016.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2024, down from 7.5% 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 5.3% of total assets.
Kwang Ming Silk Mill Co Ltd Competitors by Total Assets
Key competitors of Kwang Ming Silk Mill Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
China | CN¥5.28 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 |
|
Lu Thai Textile Co Ltd
SHE:000726
|
China | CN¥14.17 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 |
Kwang Ming Silk Mill 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 - Kwang Ming Silk Mill Co Ltd generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Kwang Ming Silk Mill Co Ltd generates $ 12.40 in net profit.
Kwang Ming Silk Mill 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 | 2.44 | 1.38 | 2.10 |
| Quick Ratio | 2.00 | 1.29 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$255.77 Million | NT$ 343.51 Million | NT$ 286.87 Million |
Kwang Ming Silk Mill Co Ltd - Advanced Valuation Insights
This section examines the relationship between Kwang Ming Silk Mill 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 | 1.36 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -53.7% |
| Total Assets | NT$2.02 Billion |
| Market Capitalization | $25.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kwang Ming Silk Mill Co Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Kwang Ming Silk Mill Co Ltd's assets decreased by 53.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Kwang Ming Silk Mill Co Ltd (2016–2024)
The table below shows the annual total assets of Kwang Ming Silk Mill Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.02 Billion | -53.72% |
| 2023-12-31 | NT$4.36 Billion | +62.08% |
| 2022-12-31 | NT$2.69 Billion | -0.83% |
| 2021-12-31 | NT$2.71 Billion | +3.64% |
| 2020-12-31 | NT$2.62 Billion | +6.43% |
| 2019-12-31 | NT$2.46 Billion | +59.60% |
| 2018-12-31 | NT$1.54 Billion | +25.23% |
| 2017-12-31 | NT$1.23 Billion | +16.66% |
| 2016-12-31 | NT$1.05 Billion | -- |