Taiming Assurance Broker Co Ltd
Taiming Assurance Broker Co.,Ltd. engages in the life and property insurance brokerage business in Taiwan. The company offers personal life, injury, health, annuity, group, and investment insurance products. It also provides fire, automobile, liability, and other property insurance products. Taiming Assurance Broker Co.,Ltd. was incorporated in 2002 and is headquartered in Taipei, Taiwan.
Taiming Assurance Broker Co Ltd (5878) - Total Assets
Latest total assets as of September 2025: NT$753.08 Million TWD
Based on the latest financial reports, Taiming Assurance Broker Co Ltd (5878) holds total assets worth NT$753.08 Million 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.
Taiming Assurance Broker Co Ltd - Total Assets Trend (2015–2024)
This chart illustrates how Taiming Assurance Broker Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Taiming Assurance Broker Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Taiming Assurance Broker Co Ltd's total assets of NT$753.08 Million consist of 51.3% current assets and 48.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 8.3% |
| Accounts Receivable | NT$109.37 Million | 13.4% |
| Inventory | NT$0.00 | 0.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$68.54 Million | 8.4% |
Asset Composition Trend (2015–2024)
This chart illustrates how Taiming Assurance Broker 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Taiming Assurance Broker Co Ltd's current assets represent 51.3% of total assets in 2024, a decrease from 67.6% in 2015.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2024, down from 22.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 13.4% of total assets.
Taiming Assurance Broker Co Ltd Competitors by Total Assets
Key competitors of Taiming Assurance Broker Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Steadfast Group Limited
F:1S6
|
Germany | €6.43 Billion |
|
Golden Insurance Brokers Co.,Ltd.
TWO:6028
|
Taiwan | NT$1.43 Billion |
|
Fanhua Inc.
NASDAQ:AIFU
|
USA | $3.25 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
USA | $70.67 Billion |
|
Aon PLC
NYSE:AON
|
USA | $50.78 Billion |
|
Accelerant Holdings
NYSE:ARX
|
USA | $7.86 Billion |
|
ASN Broker Public Company Limited
BK:ASN
|
Thailand | ฿554.49 Million |
|
AUB Group Ltd
AU:AUB
|
Australia | AU$4.73 Billion |
Taiming Assurance Broker Co Ltd - 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 - Taiming Assurance Broker Co Ltd generates 1.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Taiming Assurance Broker Co Ltd generates $6.78 in net profit.
Taiming Assurance Broker 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 | 2.55 | 2.68 | 2.20 |
| Quick Ratio | 2.55 | 2.68 | 2.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$233.35 Million | NT$ 229.85 Million | NT$ 231.59 Million |
Taiming Assurance Broker Co Ltd - Advanced Valuation Insights
This section examines the relationship between Taiming Assurance Broker 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 | 1.99 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | NT$817.34 Million |
| Market Capitalization | $17.57 Million USD |
Valuation Analysis
Below Book Valuation: The market values Taiming Assurance Broker Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Taiming Assurance Broker Co Ltd's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Taiming Assurance Broker Co Ltd (2015–2024)
The table below shows the annual total assets of Taiming Assurance Broker Co Ltd from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$817.34 Million | +3.52% |
| 2023-12-31 | NT$789.54 Million | +2.03% |
| 2022-12-31 | NT$773.85 Million | -0.21% |
| 2021-12-31 | NT$775.48 Million | -3.15% |
| 2020-12-31 | NT$800.68 Million | -1.09% |
| 2019-12-31 | NT$809.51 Million | +24.98% |
| 2018-12-31 | NT$647.72 Million | +8.68% |
| 2017-12-31 | NT$596.00 Million | -2.16% |
| 2016-12-31 | NT$609.18 Million | +8.52% |
| 2015-12-31 | NT$561.35 Million | -- |