Shuang-Bang Industrial
Shuang-Bang Industrial Corp. develops and manufactures polyurethane (PU) resins for shoes, synthetic leather crosslinkers, and polyol resins in Taiwan. It offers synthetic resins, including solvent base resins, PU foam resins, polyester polyol, reactive PUR hot melt adhesives, and PU prepolymer/PU elastomer; water base resins; hardeners, which include methylene dianiline and methylene chloroanili… Read more
Shuang-Bang Industrial (6506) - Total Assets
Latest total assets as of September 2025: NT$2.52 Billion TWD
Based on the latest financial reports, Shuang-Bang Industrial (6506) holds total assets worth NT$2.52 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.
Shuang-Bang Industrial - Total Assets Trend (2017–2024)
This chart illustrates how Shuang-Bang Industrial’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shuang-Bang Industrial - Asset Composition Analysis
Current Asset Composition (December 2024)
Shuang-Bang Industrial's total assets of NT$2.52 Billion consist of 34.1% current assets and 66.0% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.8% |
| Accounts Receivable | NT$387.40 Million | 15.4% |
| Inventory | NT$260.63 Million | 10.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Shuang-Bang Industrial'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: Shuang-Bang Industrial's current assets represent 34.1% of total assets in 2024, a decrease from 46.9% in 2017.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, up from 3.2% 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 accounts receivable at 15.4% of total assets.
Shuang-Bang Industrial Competitors by Total Assets
Key competitors of Shuang-Bang Industrial 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 |
Shuang-Bang Industrial - 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 - Shuang-Bang Industrial generates 0.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shuang-Bang Industrial generates $ 2.44 in net profit.
Shuang-Bang Industrial - 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 | 1.34 | 1.43 | 1.57 |
| Quick Ratio | 0.92 | 0.96 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$207.37 Million | NT$ 257.41 Million | NT$ 262.87 Million |
Shuang-Bang Industrial - Advanced Valuation Insights
This section examines the relationship between Shuang-Bang Industrial'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 | 1.06 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.6% |
| Total Assets | NT$2.52 Billion |
| Market Capitalization | $24.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shuang-Bang Industrial's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shuang-Bang Industrial's assets grew by 0.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shuang-Bang Industrial (2017–2024)
The table below shows the annual total assets of Shuang-Bang Industrial from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.52 Billion | +0.63% |
| 2023-12-31 | NT$2.50 Billion | +1.42% |
| 2022-12-31 | NT$2.47 Billion | -4.15% |
| 2021-12-31 | NT$2.58 Billion | +10.30% |
| 2020-12-31 | NT$2.33 Billion | -5.65% |
| 2019-12-31 | NT$2.47 Billion | +24.25% |
| 2018-12-31 | NT$1.99 Billion | -4.61% |
| 2017-12-31 | NT$2.09 Billion | -- |