Axis Corporation (6292) - Total Assets
Based on the latest financial reports, Axis Corporation (6292) holds total assets worth NT$1.55 Billion TWD (≈ $48.97 Million USD) 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. See Axis Corporation book value and equity for net asset value and shareholders' equity analysis.
Axis Corporation - Total Assets Trend (2016–2024)
This chart illustrates how Axis Corporation's total assets have evolved over time, based on quarterly financial data.
Axis Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Axis Corporation's total assets of NT$1.55 Billion consist of 74.2% current assets and 25.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 26.0% |
| Accounts Receivable | NT$176.42 Million | 9.8% |
| Inventory | NT$151.77 Million | 8.4% |
| 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 Axis 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. For live market cap, price, and company overview, see market value of Axis Corporation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Axis Corporation's current assets represent 74.2% of total assets in 2024, a decrease from 80.0% in 2016.
- Cash Position: Cash and equivalents constituted 26.0% of total assets in 2024, down from 31.9% 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 accounts receivable at 9.8% of total assets.
Axis Corporation Competitors by Total Assets
Key competitors of Axis Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.17 Billion |
|
Hongfa Technology Co Ltd
SHG:600885
|
China | CN¥21.89 Billion |
|
Iljin Electric Co
KO:103590
|
Korea | ₩1.36 Trillion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥9.32 Billion |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
China | CN¥14.12 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
China | CN¥6.77 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥2.65 Billion |
|
Beijing Xinleineng Technology Co Ltd
SHE:300593
|
China | CN¥4.38 Billion |
Axis 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 | 2.61 | 1.73 | 2.28 |
| Quick Ratio | 2.29 | 1.62 | 2.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$685.88 Million | NT$975.07 Million | NT$705.61 Million |
Axis Corporation - Advanced Valuation Insights
This section examines the relationship between Axis 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 | 1.80 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -29.1% |
| Total Assets | NT$1.80 Billion |
| Market Capitalization | $66.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values Axis Corporation's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Axis Corporation's assets decreased by 29.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Axis Corporation (2016–2024)
The table below shows the annual total assets of Axis Corporation from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.80 Billion ≈ $56.78 Million |
-29.12% |
| 2023-12-31 | NT$2.54 Billion ≈ $80.11 Million |
+14.78% |
| 2022-12-31 | NT$2.22 Billion ≈ $69.80 Million |
+12.41% |
| 2021-12-31 | NT$1.97 Billion ≈ $62.09 Million |
+22.79% |
| 2020-12-31 | NT$1.60 Billion ≈ $50.57 Million |
-2.50% |
| 2019-12-31 | NT$1.65 Billion ≈ $51.86 Million |
+4.28% |
| 2018-12-31 | NT$1.58 Billion ≈ $49.73 Million |
-2.78% |
| 2017-12-31 | NT$1.62 Billion ≈ $51.15 Million |
-1.11% |
| 2016-12-31 | NT$1.64 Billion ≈ $51.73 Million |
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About Axis Corporation
Axis Corporation engages in the manufacture, process, trade, and import and export of appliances and related peripheral parts in Taiwan. It provides power supplies, transformers, and electronic stabilizers. The company also offers plate type transformers and coils; toroidal coil; low and high frequency transformers and coils; sealed infusion products; and various inductors and coils. Its products… Read more