Planet Technology
Planet Technology Corporation engages in research, development, manufacturing, import, export, and trading of computers and peripheral equipment, internet equipment, and software. The company offers network management products; network infrastructure products, such as industrial ethernet, industrial automation, broadband communication, power over ethernet, network security, wireless LAN, LAN swit… Read more
Planet Technology (6263) - Total Assets
Latest total assets as of September 2025: NT$2.07 Billion TWD
Based on the latest financial reports, Planet Technology (6263) holds total assets worth NT$2.07 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.
Planet Technology - Total Assets Trend (2016–2024)
This chart illustrates how Planet Technology’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Planet Technology - Asset Composition Analysis
Current Asset Composition (December 2024)
Planet Technology's total assets of NT$2.07 Billion consist of 91.3% current assets and 8.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 72.1% |
| Accounts Receivable | NT$135.58 Million | 6.2% |
| Inventory | NT$257.72 Million | 11.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Planet Technology'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: Planet Technology's current assets represent 91.3% of total assets in 2024, a decrease from 98.1% in 2016.
- Cash Position: Cash and equivalents constituted 72.1% of total assets in 2024, down from 77.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 11.8% of total assets.
Planet Technology Competitors by Total Assets
Key competitors of Planet Technology based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Planet Technology - 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 - Planet Technology generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Planet Technology generates $ 24.55 in net profit.
Planet Technology - 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 | 4.90 | 4.68 | 5.49 |
| Quick Ratio | 4.17 | 3.98 | 4.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.51 Billion | NT$ 1.49 Billion | NT$ 1.30 Billion |
Planet Technology - Advanced Valuation Insights
This section examines the relationship between Planet Technology'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 | 4.72 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | NT$2.19 Billion |
| Market Capitalization | $140.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Planet Technology's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Planet Technology's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Planet Technology (2016–2024)
The table below shows the annual total assets of Planet Technology from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.19 Billion | -0.70% |
| 2023-12-31 | NT$2.21 Billion | +10.64% |
| 2022-12-31 | NT$1.99 Billion | +12.41% |
| 2021-12-31 | NT$1.77 Billion | +6.87% |
| 2020-12-31 | NT$1.66 Billion | +0.52% |
| 2019-12-31 | NT$1.65 Billion | +4.04% |
| 2018-12-31 | NT$1.59 Billion | +3.50% |
| 2017-12-31 | NT$1.53 Billion | +2.76% |
| 2016-12-31 | NT$1.49 Billion | -- |