Thai Kin Co. Ltd
Thai Kin Co., Ltd., together with its subsidiaries, manufactures and sells furniture castings in Europe, the America, and Asia. It offers furniture decorations and hardware products. The company also offers cabinet, drapery, and decorative hardware products; bathroom accessories; hooks and rails; sofa/bed/cabinet legs; and shelf support, as well as candle holder products. In addition, it manufact… Read more
Thai Kin Co. Ltd (6629) - Total Assets
Latest total assets as of September 2025: NT$2.38 Billion TWD
Based on the latest financial reports, Thai Kin Co. Ltd (6629) holds total assets worth NT$2.38 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.
Thai Kin Co. Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Thai Kin Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thai Kin Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Thai Kin Co. Ltd's total assets of NT$2.38 Billion consist of 75.4% current assets and 24.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 41.7% |
| Accounts Receivable | NT$325.20 Million | 14.3% |
| Inventory | NT$336.81 Million | 14.8% |
| 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 Thai Kin 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: Thai Kin Co. Ltd's current assets represent 75.4% of total assets in 2024, an increase from 54.8% in 2017.
- Cash Position: Cash and equivalents constituted 41.7% of total assets in 2024, up from 13.2% 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 inventory at 14.8% of total assets.
Thai Kin Co. Ltd Competitors by Total Assets
Key competitors of Thai Kin Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Thai Kin 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
Strong asset utilization - Thai Kin Co. Ltd generates 0.71x 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, Thai Kin Co. Ltd generates $ 18.33 in net profit.
Thai Kin 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 | 2.49 | 4.74 | 2.21 |
| Quick Ratio | 1.58 | 3.77 | 1.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.08 Billion | NT$ 1.19 Billion | NT$ 608.90 Million |
Thai Kin Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Thai Kin 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 | 2.73 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 53.3% |
| Total Assets | NT$2.28 Billion |
| Market Capitalization | $19.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thai Kin Co. Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thai Kin Co. Ltd's assets grew by 53.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thai Kin Co. Ltd (2017–2024)
The table below shows the annual total assets of Thai Kin Co. Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.28 Billion | +53.27% |
| 2023-12-31 | NT$1.48 Billion | -1.80% |
| 2022-12-31 | NT$1.51 Billion | -2.23% |
| 2021-12-31 | NT$1.55 Billion | -9.78% |
| 2020-12-31 | NT$1.71 Billion | +42.73% |
| 2019-12-31 | NT$1.20 Billion | +18.93% |
| 2018-12-31 | NT$1.01 Billion | +6.95% |
| 2017-12-31 | NT$943.86 Million | -- |