Chian Hsing Forging Industrial Co Ltd
Chian Hsing Forging Industrial Co., Ltd. engages in the manufacture and sale of various forged products in Taiwan. Its forged products include hardware, bicycle, motorbike, automobile, and track vehicle parts, as well as industrial engineering vehicle components and other products. The company provides auto parts comprising C.V. joints and driving elements of front wheel; inner race crosses; bear… Read more
Chian Hsing Forging Industrial Co Ltd (4528) - Total Assets
Latest total assets as of September 2025: NT$3.57 Billion TWD
Based on the latest financial reports, Chian Hsing Forging Industrial Co Ltd (4528) holds total assets worth NT$3.57 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.
Chian Hsing Forging Industrial Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Chian Hsing Forging Industrial Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chian Hsing Forging Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Chian Hsing Forging Industrial Co Ltd's total assets of NT$3.57 Billion consist of 35.7% current assets and 64.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 12.2% |
| Accounts Receivable | NT$357.58 Million | 9.8% |
| Inventory | NT$229.34 Million | 6.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Chian Hsing Forging Industrial 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: Chian Hsing Forging Industrial Co Ltd's current assets represent 35.7% of total assets in 2024, a decrease from 39.3% in 2015.
- Cash Position: Cash and equivalents constituted 12.2% of total assets in 2024, down from 16.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 9.8% of total assets.
Chian Hsing Forging Industrial Co Ltd Competitors by Total Assets
Key competitors of Chian Hsing Forging Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Chian Hsing Forging Industrial 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 - Chian Hsing Forging Industrial Co Ltd generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Chian Hsing Forging Industrial Co Ltd generates $ 0.02 in net profit.
Chian Hsing Forging Industrial 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 | 1.61 | 1.76 | 1.36 |
| Quick Ratio | 1.38 | 1.44 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$542.01 Million | NT$ 592.68 Million | NT$ 419.23 Million |
Chian Hsing Forging Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between Chian Hsing Forging Industrial 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 | 0.78 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | NT$3.66 Billion |
| Market Capitalization | $23.41 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chian Hsing Forging Industrial 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: Chian Hsing Forging Industrial Co Ltd's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Chian Hsing Forging Industrial Co Ltd (2015–2024)
The table below shows the annual total assets of Chian Hsing Forging Industrial Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.66 Billion | -5.58% |
| 2023-12-31 | NT$3.87 Billion | -12.17% |
| 2022-12-31 | NT$4.41 Billion | -4.30% |
| 2021-12-31 | NT$4.61 Billion | +16.12% |
| 2020-12-31 | NT$3.97 Billion | +0.53% |
| 2019-12-31 | NT$3.95 Billion | +2.17% |
| 2018-12-31 | NT$3.86 Billion | +0.85% |
| 2017-12-31 | NT$3.83 Billion | +16.62% |
| 2016-12-31 | NT$3.28 Billion | +3.37% |
| 2015-12-31 | NT$3.18 Billion | -- |