New Best Wire Industrial Co Ltd (5013) - Total Assets

Latest as of December 2024: NT$8.53 Billion TWD ≈ $268.63 Million USD

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. See New Best Wire Industrial Co Ltd (5013) net assets for net asset value and shareholders' equity analysis.

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.

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 New Best Wire Industrial Co Ltd market capitalisation.

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
LG Energy Solution Ltd
KO:373220
Korea ₩67.01 Trillion
Sungrow Power Supply Co Ltd
SHE:300274
China CN¥120.67 Billion
Fortune Electric Co Ltd
TW:1519
Taiwan NT$24.98 Billion
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
China CN¥2.60 Billion
Hongfa Technology Co Ltd
SHG:600885
China CN¥21.89 Billion
Henan Pinggao Electric Co Ltd
SHG:600312
China CN¥22.72 Billion
Changshu Tianyin Electromechan
SHE:300342
China CN¥2.09 Billion
Hangzhou Cable
SHG:603618
China CN¥10.25 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 $121.06 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

TWO:5013 Taiwan Electrical Equipment & Parts
Market Cap
$121.06 Million
NT$3.84 Billion TWD
Market Cap Rank
#18457 Global
#999 in Taiwan
Share Price
NT$28.80
Change (1 day)
-1.03%
52-Week Range
NT$25.90 - NT$32.10
All Time High
NT$44.74
About

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