Tainet Communication System
Tainet Communication System Corp. provides carrier class access equipment to telecommunication companies, service operators, and business users worldwide. The company offers Ethernet access devices, fiber optics, VoIP gateway products, xDSL and analog modems, LTE routers, PON, and optical transceivers. It also provides wireless access and data communication; voice services in complex network envi… Read more
Tainet Communication System (4905) - Total Assets
Latest total assets as of September 2025: NT$4.52 Billion TWD
Based on the latest financial reports, Tainet Communication System (4905) holds total assets worth NT$4.52 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.
Tainet Communication System - Total Assets Trend (2017–2024)
This chart illustrates how Tainet Communication System’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tainet Communication System - Asset Composition Analysis
Current Asset Composition (December 2024)
Tainet Communication System's total assets of NT$4.52 Billion consist of 46.6% current assets and 53.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.8% |
| Accounts Receivable | NT$87.88 Million | 2.0% |
| Inventory | NT$218.72 Million | 5.0% |
| 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 Tainet Communication System'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: Tainet Communication System's current assets represent 46.6% of total assets in 2024, an increase from 41.9% in 2017.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, down from 18.9% 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 5.0% of total assets.
Tainet Communication System Competitors by Total Assets
Key competitors of Tainet Communication System based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
|
Wuhan Fingu Electronic Technology Co Ltd
SHE:002194
|
China | CN¥2.90 Billion |
Tainet Communication System - 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
Lower asset utilization - Tainet Communication System generates 0.13x 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, Tainet Communication System generates $ 1.93 in net profit.
Tainet Communication System - 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 | 1.54 | 1.68 | 60.01 |
| Quick Ratio | 1.34 | 1.48 | 59.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$684.43 Million | NT$ 827.73 Million | NT$ 2.41 Billion |
Tainet Communication System - Advanced Valuation Insights
This section examines the relationship between Tainet Communication System'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 | 0.66 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 25.7% |
| Total Assets | NT$4.41 Billion |
| Market Capitalization | $35.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tainet Communication System's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tainet Communication System's assets grew by 25.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tainet Communication System (2017–2024)
The table below shows the annual total assets of Tainet Communication System from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.41 Billion | +25.74% |
| 2023-12-31 | NT$3.50 Billion | +28.83% |
| 2022-12-31 | NT$2.72 Billion | -5.49% |
| 2021-12-31 | NT$2.88 Billion | -0.30% |
| 2020-12-31 | NT$2.89 Billion | -6.92% |
| 2019-12-31 | NT$3.10 Billion | -6.78% |
| 2018-12-31 | NT$3.33 Billion | -18.14% |
| 2017-12-31 | NT$4.06 Billion | -- |