TacBright Optronics Corporation
TacBright Optronics Corporation engages in the research, development, manufacturing, and sales of triacetate cellulose (TAC) films. Its products are used for protective film in liquid crystal displays (LCDs), as well as for sunglasses, photographic equipment filters, anti-glare goggles, car navigation, other polarizing microscopes, and special medical glasses. The company serves LCD polarizer man… Read more
TacBright Optronics Corporation (6434) - Total Assets
Latest total assets as of June 2025: NT$3.16 Billion TWD
Based on the latest financial reports, TacBright Optronics Corporation (6434) holds total assets worth NT$3.16 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.
TacBright Optronics Corporation - Total Assets Trend (2019–2024)
This chart illustrates how TacBright Optronics Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TacBright Optronics Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
TacBright Optronics Corporation's total assets of NT$3.16 Billion consist of 19.6% current assets and 80.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.3% |
| Accounts Receivable | NT$317.00 Million | 9.4% |
| Inventory | NT$201.44 Million | 6.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how TacBright Optronics 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: TacBright Optronics Corporation's current assets represent 19.6% of total assets in 2024, an increase from 11.3% in 2019.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, up from 2.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 9.4% of total assets.
TacBright Optronics Corporation Competitors by Total Assets
Key competitors of TacBright Optronics Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
TacBright Optronics Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - TacBright Optronics Corporation generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TacBright Optronics Corporation is currently not profitable relative to its asset base.
TacBright Optronics Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.81 | 0.78 | 0.37 |
| Quick Ratio | 0.53 | 0.62 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-134.93 Million | NT$ -169.96 Million | NT$ -1.08 Billion |
TacBright Optronics Corporation - Advanced Valuation Insights
This section examines the relationship between TacBright Optronics 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 | 1.28 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | NT$3.36 Billion |
| Market Capitalization | $17.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values TacBright Optronics Corporation's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TacBright Optronics Corporation's assets decreased by 7.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TacBright Optronics Corporation (2019–2024)
The table below shows the annual total assets of TacBright Optronics Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.36 Billion | -7.80% |
| 2023-12-31 | NT$3.64 Billion | -10.21% |
| 2022-12-31 | NT$4.05 Billion | -8.50% |
| 2021-12-31 | NT$4.43 Billion | -7.38% |
| 2020-12-31 | NT$4.79 Billion | -3.55% |
| 2019-12-31 | NT$4.96 Billion | -- |