OFCO Industrial
OFCO Industrial Corporation engages in the manufacture and sale of fastener products in Taiwan. Its products include screws, bolts, bolts, and structural applications. OFCO Industrial Corporation was formerly known as Oriental Fastener Industry LTD. and changed its name to OFCO Industrial Corporation in January 2004. The company was founded in 1984 and is based in Kaohsiung, Taiwan.
OFCO Industrial (5011) - Total Assets
Latest total assets as of September 2025: NT$5.79 Billion TWD
Based on the latest financial reports, OFCO Industrial (5011) holds total assets worth NT$5.79 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.
OFCO Industrial - Total Assets Trend (2017–2024)
This chart illustrates how OFCO Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
OFCO Industrial - Asset Composition Analysis
Current Asset Composition (December 2024)
OFCO Industrial's total assets of NT$5.79 Billion consist of 40.5% current assets and 59.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 6.6% |
| Accounts Receivable | NT$530.32 Million | 9.3% |
| Inventory | NT$440.39 Million | 7.8% |
| 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 OFCO Industrial'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: OFCO Industrial's current assets represent 40.5% of total assets in 2024, a decrease from 46.4% in 2017.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, up from 3.9% 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 accounts receivable at 9.3% of total assets.
OFCO Industrial Competitors by Total Assets
Key competitors of OFCO Industrial based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cs Holdings
KO:000590
|
Korea | ₩421.55 Billion |
|
Shandong Tengda Fasten Tech
SHE:001379
|
China | CN¥2.64 Billion |
|
Cheil Grinding
KO:001560
|
Korea | ₩120.17 Billion |
|
Bosun Tools Co Ltd
SHE:002282
|
China | CN¥4.00 Billion |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
China | CN¥3.09 Billion |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
China | CN¥2.06 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
China | CN¥23.25 Billion |
|
Zhejiang Zhongjian Technology Co Ltd
SHE:002779
|
China | CN¥1.29 Billion |
OFCO Industrial - 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
Strong asset utilization - OFCO Industrial generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - OFCO Industrial is currently not profitable relative to its asset base.
OFCO Industrial - 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 | 0.90 | 1.52 | 1.03 |
| Quick Ratio | 0.87 | 1.24 | 0.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-264.25 Million | NT$ 829.45 Million | NT$ 32.74 Million |
OFCO Industrial - Advanced Valuation Insights
This section examines the relationship between OFCO Industrial'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 | 0.72 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | NT$5.68 Billion |
| Market Capitalization | $33.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values OFCO Industrial's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: OFCO Industrial's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for OFCO Industrial (2017–2024)
The table below shows the annual total assets of OFCO Industrial from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.68 Billion | +9.10% |
| 2023-12-31 | NT$5.20 Billion | +24.78% |
| 2022-12-31 | NT$4.17 Billion | +14.68% |
| 2021-12-31 | NT$3.64 Billion | +71.84% |
| 2020-12-31 | NT$2.12 Billion | +31.92% |
| 2019-12-31 | NT$1.60 Billion | +8.49% |
| 2018-12-31 | NT$1.48 Billion | +35.39% |
| 2017-12-31 | NT$1.09 Billion | -- |