Glotech Industrial
Glotech Industrial Corp. engages in research and development, production, and sale of electronic-grade fiberglass fabrics in Taiwan and internationally. The company offers fiberglass fabric, quartz fiber yarn and fabric, and composite material products. The company was formerly known as A Johnson Composite Inc. and changed its name to Glotech Industrial Corp. in May 2011. Glotech Industrial Corp.… Read more
Glotech Industrial (5475) - Total Assets
Latest total assets as of September 2025: NT$2.18 Billion TWD
Based on the latest financial reports, Glotech Industrial (5475) holds total assets worth NT$2.18 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.
Glotech Industrial - Total Assets Trend (2019–2024)
This chart illustrates how Glotech Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glotech Industrial - Asset Composition Analysis
Current Asset Composition (December 2024)
Glotech Industrial's total assets of NT$2.18 Billion consist of 40.4% current assets and 59.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 7.9% |
| Accounts Receivable | NT$176.13 Million | 8.9% |
| Inventory | NT$193.27 Million | 9.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Glotech 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: Glotech Industrial's current assets represent 40.4% of total assets in 2024, a decrease from 60.8% in 2019.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2024, up from 2.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 9.8% of total assets.
Glotech Industrial Competitors by Total Assets
Key competitors of Glotech Industrial based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Glotech Industrial - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Glotech Industrial generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Glotech Industrial is currently not profitable relative to its asset base.
Glotech Industrial - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.73 | 0.86 | 2.70 |
| Quick Ratio | 0.55 | 0.64 | 2.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-347.92 Million | NT$ -132.41 Million | NT$ 1.27 Billion |
Glotech Industrial - Advanced Valuation Insights
This section examines the relationship between Glotech 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 | 24.89 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 2.1% |
| Total Assets | NT$1.97 Billion |
| Market Capitalization | $242.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Glotech Industrial's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Glotech Industrial's assets grew by 2.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Glotech Industrial (2019–2024)
The table below shows the annual total assets of Glotech Industrial from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion | +2.14% |
| 2023-12-31 | NT$1.93 Billion | -11.78% |
| 2022-12-31 | NT$2.19 Billion | -8.83% |
| 2021-12-31 | NT$2.40 Billion | +39.19% |
| 2020-12-31 | NT$1.72 Billion | -35.87% |
| 2019-12-31 | NT$2.69 Billion | -- |