Provision Information Co.Ltd.
Provision Information Co.,Ltd. provides payment, financial application, security solutions, and outsourcing services in Taiwan. The company offers payment solutions such as FISC, mobile, TCH, and digital payment solutions; and financial application solutions, such as ProFEP, a shared platform for developing financial transaction; ProComm which provides solutions for internal system connection of … Read more
Provision Information Co.Ltd. (6590) - Total Assets
Latest total assets as of June 2024: NT$1.00 Billion TWD
Based on the latest financial reports, Provision Information Co.Ltd. (6590) holds total assets worth NT$1.00 Billion TWD as of June 2024.
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.
Provision Information Co.Ltd. - Total Assets Trend (2019–2023)
This chart illustrates how Provision Information Co.Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Provision Information Co.Ltd. - Asset Composition Analysis
Current Asset Composition (December 2023)
Provision Information Co.Ltd.'s total assets of NT$1.00 Billion consist of 54.4% current assets and 45.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 12.9% |
| Accounts Receivable | NT$287.67 Million | 26.2% |
| Inventory | NT$21.24 Million | 1.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$8.84 Million | 0.8% |
| Goodwill | NT$8.44 Million | 0.8% |
Asset Composition Trend (2019–2023)
This chart illustrates how Provision Information 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Provision Information Co.Ltd.'s current assets represent 54.4% of total assets in 2023, a decrease from 71.0% in 2019.
- Cash Position: Cash and equivalents constituted 12.9% of total assets in 2023, down from 31.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 26.2% of total assets.
Provision Information Co.Ltd. Competitors by Total Assets
Key competitors of Provision Information Co.Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Provision Information Co.Ltd. - 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
Moderate asset utilization - Provision Information Co.Ltd. generates 0.61x 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, Provision Information Co.Ltd. generates $ 11.77 in net profit.
Provision Information 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 | 2.88 | 2.84 | 2.05 |
| Quick Ratio | 2.76 | 2.72 | 1.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$349.48 Million | NT$ 348.11 Million | NT$ 279.73 Million |
Provision Information Co.Ltd. - Advanced Valuation Insights
This section examines the relationship between Provision Information 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 | 2.65 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | NT$1.10 Billion |
| Market Capitalization | $38.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Provision Information Co.Ltd.'s assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Provision Information Co.Ltd.'s assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Provision Information Co.Ltd. (2019–2023)
The table below shows the annual total assets of Provision Information Co.Ltd. from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$1.10 Billion | +7.31% |
| 2022-12-31 | NT$1.02 Billion | +43.41% |
| 2021-12-31 | NT$714.60 Million | +10.37% |
| 2020-12-31 | NT$647.47 Million | +21.81% |
| 2019-12-31 | NT$531.55 Million | -- |