EASYCARD Corporation
EASYCARD Corporation engages in the prepaid card sales and electronic payment clearing business in Taiwan and Japan. The company provides contactless smartcards for electronic transport ticket system. Its smartcards are also used as a tool for small-value payments at shops, such as convenience stores, supermarkets, and restaurants, as well as used at leisure facilities, hospitals, government agen… Read more
EASYCARD Corporation (6035) - Total Assets
Latest total assets as of June 2025: NT$17.91 Billion TWD
Based on the latest financial reports, EASYCARD Corporation (6035) holds total assets worth NT$17.91 Billion TWD as of June 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.
EASYCARD Corporation - Total Assets Trend (2019–2024)
This chart illustrates how EASYCARD Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EASYCARD Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
EASYCARD Corporation's total assets of NT$17.91 Billion consist of 94.1% current assets and 5.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.1% |
| Accounts Receivable | NT$358.74 Million | 2.0% |
| Inventory | NT$140.35 Million | 0.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$239.55 Million | 1.3% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how EASYCARD Corporation'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: EASYCARD Corporation's current assets represent 94.1% of total assets in 2024, an increase from 87.2% in 2019.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, down from 5.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 2.0% of total assets.
EASYCARD Corporation Competitors by Total Assets
Key competitors of EASYCARD Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
EASYCARD Corporation - 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 - EASYCARD Corporation generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, EASYCARD Corporation generates $ 1.29 in net profit.
EASYCARD Corporation - 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 | 1.09 | 1.10 | 1.11 |
| Quick Ratio | 1.08 | 1.09 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.40 Billion | NT$ 1.39 Billion | NT$ 1.21 Billion |
EASYCARD Corporation - Advanced Valuation Insights
This section examines the relationship between EASYCARD Corporation'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 | 3.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.2% |
| Total Assets | NT$18.02 Billion |
| Market Capitalization | $19.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values EASYCARD Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: EASYCARD Corporation's assets grew by 17.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for EASYCARD Corporation (2019–2024)
The table below shows the annual total assets of EASYCARD Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$18.02 Billion | +17.25% |
| 2023-12-31 | NT$15.37 Billion | +18.51% |
| 2022-12-31 | NT$12.97 Billion | +1.80% |
| 2021-12-31 | NT$12.74 Billion | +11.05% |
| 2020-12-31 | NT$11.47 Billion | +4.53% |
| 2019-12-31 | NT$10.97 Billion | -- |