Tainet Communication System (4905) - Total Assets
Based on the latest financial reports, Tainet Communication System (4905) holds total assets worth NT$4.52 Billion TWD (≈ $142.27 Million USD) 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. Check Tainet Communication System (4905) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Check Tainet Communication System (4905) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see 4905 market cap.
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 |
|---|---|---|
|
Linktel Technologies Co. Ltd. A
SHE:301205
|
China | CN¥3.06 Billion |
|
Wingtech Technology Co Ltd
SHG:600745
|
China | CN¥40.94 Billion |
|
Quectel Wireless Solutions Co Ltd
SHG:603236
|
China | CN¥14.65 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Chengdu Spaceon Electronics Co Ltd Class A
SHE:002935
|
China | CN¥2.98 Billion |
|
Comtec Sys
KO:031820
|
Korea | ₩724.25 Billion |
|
NELCO Limited
NSE:NELCO
|
India | Rs3.47 Billion |
|
Crescent NV
BR:OPTI
|
Belgium | €10.04 Million |
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 | 0.02 |
| Asset Growth Rate (YoY) | 25.7% |
| Total Assets | NT$4.41 Billion |
| Market Capitalization | $66.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tainet Communication System's assets below their book value (0.02x), 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 ≈ $138.80 Million |
+25.74% |
| 2023-12-31 | NT$3.50 Billion ≈ $110.38 Million |
+28.83% |
| 2022-12-31 | NT$2.72 Billion ≈ $85.68 Million |
-5.49% |
| 2021-12-31 | NT$2.88 Billion ≈ $90.66 Million |
-0.30% |
| 2020-12-31 | NT$2.89 Billion ≈ $90.93 Million |
-6.92% |
| 2019-12-31 | NT$3.10 Billion ≈ $97.69 Million |
-6.78% |
| 2018-12-31 | NT$3.33 Billion ≈ $104.79 Million |
-18.14% |
| 2017-12-31 | NT$4.06 Billion ≈ $128.00 Million |
-- |
About 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