New Best Wire Industrial Co Ltd (5013) - Total Assets
Based on the latest financial reports, New Best Wire Industrial Co Ltd (5013) holds total assets worth NT$8.53 Billion TWD (≈ $268.63 Million USD) as of December 2024. 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. Explore 5013 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
New Best Wire Industrial Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how New Best Wire Industrial Co Ltd's total assets have evolved over time, based on quarterly financial data. See New Best Wire Industrial Co Ltd book value and equity for net asset value and shareholders' equity analysis.
New Best Wire Industrial Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
New Best Wire Industrial Co Ltd's total assets of NT$8.53 Billion consist of 58.6% current assets and 41.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 6.4% |
| Accounts Receivable | NT$1.65 Billion | 19.3% |
| Inventory | NT$1.94 Billion | 22.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how New Best Wire 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. For live market cap, price, and company overview, see market cap of New Best Wire Industrial Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: New Best Wire Industrial Co Ltd's current assets represent 58.6% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2024, up from 6.2% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 22.8% of total assets.
New Best Wire Industrial Co Ltd Competitors by Total Assets
Key competitors of New Best Wire Industrial Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
China | CN¥23.96 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.02 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
|
China | CN¥4.48 Billion |
|
Hubei Wanrun New Energy Technology Co. Ltd. A
SHG:688275
|
China | CN¥18.14 Billion |
|
Baosheng
SHG:600973
|
China | CN¥23.38 Billion |
New Best Wire 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 | 2.75 | 2.28 | 1.98 |
| Quick Ratio | 1.68 | 1.36 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.18 Billion | NT$2.93 Billion | NT$1.85 Billion |
New Best Wire Industrial Co Ltd - Advanced Valuation Insights
This section examines the relationship between New Best Wire 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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -0.2% |
| Total Assets | NT$8.53 Billion |
| Market Capitalization | $107.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values New Best Wire Industrial Co Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: New Best Wire Industrial Co Ltd's assets decreased by 0.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New Best Wire Industrial Co Ltd (2002–2024)
The table below shows the annual total assets of New Best Wire Industrial Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.53 Billion ≈ $268.63 Million |
-0.18% |
| 2023-12-31 | NT$8.54 Billion ≈ $269.10 Million |
+2.22% |
| 2022-12-31 | NT$8.36 Billion ≈ $263.26 Million |
-3.43% |
| 2021-12-31 | NT$8.65 Billion ≈ $272.62 Million |
+21.01% |
| 2020-12-31 | NT$7.15 Billion ≈ $225.28 Million |
+0.86% |
| 2019-12-31 | NT$7.09 Billion ≈ $223.35 Million |
-1.98% |
| 2018-12-31 | NT$7.23 Billion ≈ $227.87 Million |
+13.65% |
| 2017-12-31 | NT$6.36 Billion ≈ $200.50 Million |
+11.78% |
| 2016-12-31 | NT$5.69 Billion ≈ $179.37 Million |
+20.29% |
| 2015-12-31 | NT$4.73 Billion ≈ $149.11 Million |
+0.47% |
| 2014-12-31 | NT$4.71 Billion ≈ $148.41 Million |
+10.40% |
| 2013-12-31 | NT$4.27 Billion ≈ $134.43 Million |
+16.97% |
| 2012-12-31 | NT$3.65 Billion ≈ $114.92 Million |
-10.63% |
| 2011-12-31 | NT$4.08 Billion ≈ $128.59 Million |
+13.68% |
| 2010-12-31 | NT$3.59 Billion ≈ $113.11 Million |
+23.44% |
| 2009-12-31 | NT$2.91 Billion ≈ $91.63 Million |
-9.93% |
| 2008-12-31 | NT$3.23 Billion ≈ $101.73 Million |
+18.39% |
| 2007-12-31 | NT$2.73 Billion ≈ $85.93 Million |
+18.29% |
| 2006-12-31 | NT$2.31 Billion ≈ $72.64 Million |
+6.35% |
| 2005-12-31 | NT$2.17 Billion ≈ $68.31 Million |
+26.26% |
| 2004-12-31 | NT$1.72 Billion ≈ $54.10 Million |
+36.47% |
| 2003-12-31 | NT$1.26 Billion ≈ $39.64 Million |
+0.98% |
| 2002-12-31 | NT$1.25 Billion ≈ $39.25 Million |
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About New Best Wire Industrial Co Ltd
New Best Wire Industrial Co.,Ltd engages in the manufacturing and sales of cold heading quality wire drawing and electropolished stainless steel pipe products in Taiwan and China. The company offers carbon, alloy, and stainless steel wires. It also manufactures and trades high-strength alloy/carbon steel wire rods, engineering pipes, valves, and components of gas detection equipment. The company'… Read more