Shin Ruenn Development Co Ltd (6186) - Total Assets
Based on the latest financial reports, Shin Ruenn Development Co Ltd (6186) holds total assets worth NT$17.30 Billion TWD (≈ $544.97 Million USD) 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. Check 6186 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Shin Ruenn Development Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Shin Ruenn Development Co Ltd's total assets have evolved over time, based on quarterly financial data. Check 6186 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Shin Ruenn Development Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shin Ruenn Development Co Ltd's total assets of NT$17.30 Billion consist of 94.0% current assets and 6.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 7.8% |
| Accounts Receivable | NT$22.62 Million | 0.1% |
| Inventory | NT$15.49 Billion | 75.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shin Ruenn Development 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 how much is Shin Ruenn Development Co Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shin Ruenn Development Co Ltd's current assets represent 94.0% of total assets in 2024, an increase from 90.0% in 2017.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 7.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 75.1% of total assets.
Shin Ruenn Development Co Ltd Competitors by Total Assets
Key competitors of Shin Ruenn Development Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vinhomes JSC
VN:VHM
|
Vietnam | ₫786.38 Trillion |
|
Atrium Ljungberg AB (publ)
ST:ATRLJ-B
|
Sweden | Skr64.70 Billion |
|
Forestar Group Inc
NYSE:FOR
|
USA | $3.17 Billion |
|
Israel Canada
TA:ISCN
|
Israel | ILA12.42 Billion |
|
Hua Yuan Property Co Ltd
SHG:600743
|
China | CN¥1.61 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
|
China Wuyi Co Ltd
SHE:000797
|
China | CN¥22.20 Billion |
|
Winton Land Ltd
AU:WTN
|
Australia | AU$727.78 Million |
Shin Ruenn Development 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 | 1.55 | 1.25 | 1.34 |
| Quick Ratio | 0.39 | 0.23 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$5.63 Billion | NT$4.19 Billion | NT$3.77 Billion |
Shin Ruenn Development Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shin Ruenn Development 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 | 1.73 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | NT$20.62 Billion |
| Market Capitalization | $250.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shin Ruenn Development Co Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shin Ruenn Development Co Ltd's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shin Ruenn Development Co Ltd (2017–2024)
The table below shows the annual total assets of Shin Ruenn Development Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$20.62 Billion ≈ $649.57 Million |
+4.09% |
| 2023-12-31 | NT$19.81 Billion ≈ $624.03 Million |
+10.52% |
| 2022-12-31 | NT$17.92 Billion ≈ $564.62 Million |
+14.74% |
| 2021-12-31 | NT$15.62 Billion ≈ $492.09 Million |
-0.27% |
| 2020-12-31 | NT$15.66 Billion ≈ $493.41 Million |
+63.85% |
| 2019-12-31 | NT$9.56 Billion ≈ $301.13 Million |
+63.08% |
| 2018-12-31 | NT$5.86 Billion ≈ $184.65 Million |
+23.62% |
| 2017-12-31 | NT$4.74 Billion ≈ $149.36 Million |
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About Shin Ruenn Development Co Ltd
Shin Ruenn development Co., LTD develops, trades in, leases, and sells real estate properties in Taiwan. It develops residential, building, and other real estate properties. The company was formerly known as Jinglay, Inc. and changed its name to Shin Ruenn development Co., LTD. in July 2011. Shin Ruenn development Co., LTD was founded in 1987 and is based in Taipei, Taiwan.