Golden Friends
GFC. LTD., together with its subsidiaries, manufactures and sells elevators, escalators, and generators in Taiwan. It offers passenger, high speed, and condo/home elevators, as well as escalators/moving walks and pneumatic vacuum elevators. The company is also involved in manufacture and sale of elevators and parts; sale of vacuum pneumatic shuttle; and trading in diesel generators. The company w… Read more
Golden Friends (4506) - Total Assets
Latest total assets as of June 2025: NT$10.85 Billion TWD
Based on the latest financial reports, Golden Friends (4506) holds total assets worth NT$10.85 Billion TWD as of June 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.
Golden Friends - Total Assets Trend (2009–2024)
This chart illustrates how Golden Friends’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Golden Friends - Asset Composition Analysis
Current Asset Composition (December 2024)
Golden Friends's total assets of NT$10.85 Billion consist of 74.0% current assets and 26.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 27.1% |
| Accounts Receivable | NT$701.52 Million | 6.8% |
| Inventory | NT$2.80 Billion | 27.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Golden Friends'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: Golden Friends's current assets represent 74.0% of total assets in 2024, an increase from 56.7% in 2009.
- Cash Position: Cash and equivalents constituted 27.1% of total assets in 2024, up from 7.4% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 27.2% of total assets.
Golden Friends Competitors by Total Assets
Key competitors of Golden Friends based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Golden Friends - 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 - Golden Friends generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Golden Friends generates $9.60 in net profit.
Golden Friends - 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 | 1.48 | 1.48 | 1.57 |
| Quick Ratio | 0.94 | 0.93 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$2.65 Billion | NT$ 2.40 Billion | NT$ 1.65 Billion |
Golden Friends - Advanced Valuation Insights
This section examines the relationship between Golden Friends'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 | 4.35 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 10.1% |
| Total Assets | NT$10.30 Billion |
| Market Capitalization | $246.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Golden Friends's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Golden Friends's assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Golden Friends (2009–2024)
The table below shows the annual total assets of Golden Friends from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.30 Billion | +10.12% |
| 2023-12-31 | NT$9.35 Billion | +3.59% |
| 2022-12-31 | NT$9.03 Billion | +7.32% |
| 2021-12-31 | NT$8.41 Billion | +9.03% |
| 2020-12-31 | NT$7.71 Billion | +7.47% |
| 2019-12-31 | NT$7.18 Billion | +1.66% |
| 2018-12-31 | NT$7.06 Billion | +16.78% |
| 2017-12-31 | NT$6.05 Billion | -2.63% |
| 2016-12-31 | NT$6.21 Billion | -8.74% |
| 2015-12-31 | NT$6.80 Billion | +8.44% |
| 2014-12-31 | NT$6.27 Billion | +8.08% |
| 2013-12-31 | NT$5.80 Billion | +6.46% |
| 2012-12-31 | NT$5.45 Billion | +1.98% |
| 2011-12-31 | NT$5.35 Billion | +2.98% |
| 2010-12-31 | NT$5.19 Billion | +1.53% |
| 2009-12-31 | NT$5.11 Billion | -- |