Securitag Assembly Group Co Ltd (6417) - Total Assets
Based on the latest financial reports, Securitag Assembly Group Co Ltd (6417) holds total assets worth NT$2.80 Billion TWD (≈ $88.35 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. Explore how well can Securitag Assembly Group Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Securitag Assembly Group Co Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Securitag Assembly Group Co Ltd's total assets have evolved over time, based on quarterly financial data. See what is Securitag Assembly Group Co Ltd's book value for net asset value and shareholders' equity analysis.
Securitag Assembly Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Securitag Assembly Group Co Ltd's total assets of NT$2.80 Billion consist of 47.2% current assets and 52.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.5% |
| Accounts Receivable | NT$123.35 Million | 4.4% |
| Inventory | NT$396.52 Million | 14.1% |
| 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 Securitag Assembly Group 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 6417 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Securitag Assembly Group Co Ltd's current assets represent 47.2% of total assets in 2024, a decrease from 53.2% in 2017.
- Cash Position: Cash and equivalents constituted 19.5% of total assets in 2024, up from 16.8% 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 14.1% of total assets.
Securitag Assembly Group Co Ltd Competitors by Total Assets
Key competitors of Securitag Assembly Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mitra Komunikasi Nusantara Tbk PT
JK:MKNT
|
Indonesia | Rp416.10 Billion |
|
Advanced Fiber Resources Zhuhai Ltd
SHE:300620
|
China | CN¥3.87 Billion |
|
Wingtech Technology Co Ltd
SHG:600745
|
China | CN¥40.94 Billion |
|
Jushri Technologies Inc Class A
SHE:300762
|
China | CN¥3.96 Billion |
|
Lintes Technology Co Ltd
TW:6715
|
Taiwan | NT$4.61 Billion |
|
AVIT Ltd
SHE:300264
|
China | CN¥208.96 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
USA | $20.07 Million |
|
Digital Multimedia Technology Co.Ltd
KQ:134580
|
Korea | ₩64.59 Billion |
Securitag Assembly Group 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 | 2.42 | 2.47 | 3.59 |
| Quick Ratio | 1.75 | 1.71 | 2.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$777.84 Million | NT$752.29 Million | NT$468.94 Million |
Securitag Assembly Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Securitag Assembly Group 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 | 2.62 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | NT$2.82 Billion |
| Market Capitalization | $149.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Securitag Assembly Group Co Ltd's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Securitag Assembly Group Co Ltd's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Securitag Assembly Group Co Ltd (2017–2024)
The table below shows the annual total assets of Securitag Assembly Group Co Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.82 Billion ≈ $88.72 Million |
+4.40% |
| 2023-12-31 | NT$2.70 Billion ≈ $84.98 Million |
+15.30% |
| 2022-12-31 | NT$2.34 Billion ≈ $73.71 Million |
+29.43% |
| 2021-12-31 | NT$1.81 Billion ≈ $56.95 Million |
+36.70% |
| 2020-12-31 | NT$1.32 Billion ≈ $41.66 Million |
+4.54% |
| 2019-12-31 | NT$1.26 Billion ≈ $39.85 Million |
+6.69% |
| 2018-12-31 | NT$1.19 Billion ≈ $37.35 Million |
+9.12% |
| 2017-12-31 | NT$1.09 Billion ≈ $34.23 Million |
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About Securitag Assembly Group Co Ltd
Securitag Assembly Group Co., Ltd. engages in the manufacture and sale of RFID transponders in Taiwan and internationally. Its products include labels and inlays, hard tags, keyfobs, sensor tages, and cards. The company offers its product for applications, such as industrial, healthcare, NFC, RFID/sensor, retail/branding, and security. Securitag Assembly Group Co., Ltd. was founded in 1999 and is… Read more