Innovision FlexTech Corporation
Innovision FlexTech Corporation engages in the manufacture and sale of ambient light rejection screens worldwide. It offers ultra-short throw front projection, mid/long throw front projection, and rear projection screens. The company was founded in 2007 and is based in Kaohsiung, Taiwan.
Innovision FlexTech Corporation (6673) - Total Assets
Latest total assets as of June 2025: NT$198.10 Million TWD
Based on the latest financial reports, Innovision FlexTech Corporation (6673) holds total assets worth NT$198.10 Million 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.
Innovision FlexTech Corporation - Total Assets Trend (2019–2024)
This chart illustrates how Innovision FlexTech Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Innovision FlexTech Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Innovision FlexTech Corporation's total assets of NT$198.10 Million consist of 49.6% current assets and 50.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.8% |
| Accounts Receivable | NT$19.60 Million | 7.9% |
| Inventory | NT$64.32 Million | 25.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$6.47 Million | 2.6% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Innovision FlexTech 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: Innovision FlexTech Corporation's current assets represent 49.6% of total assets in 2024, an increase from 41.2% in 2019.
- Cash Position: Cash and equivalents constituted 15.8% of total assets in 2024, down from 27.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 25.8% of total assets.
Innovision FlexTech Corporation Competitors by Total Assets
Key competitors of Innovision FlexTech Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Innovision FlexTech 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
Moderate asset utilization - Innovision FlexTech Corporation generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Innovision FlexTech Corporation is currently not profitable relative to its asset base.
Innovision FlexTech 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 | 1.36 | 1.32 | 2.13 |
| Quick Ratio | 0.55 | 0.67 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$22.85 Million | NT$ 27.59 Million | NT$ 92.45 Million |
Innovision FlexTech Corporation - Advanced Valuation Insights
This section examines the relationship between Innovision FlexTech 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 | 2.97 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | NT$249.46 Million |
| Market Capitalization | $3.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Innovision FlexTech Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Innovision FlexTech Corporation's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Innovision FlexTech Corporation (2019–2024)
The table below shows the annual total assets of Innovision FlexTech Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$249.46 Million | -2.61% |
| 2023-12-31 | NT$256.15 Million | -32.79% |
| 2022-12-31 | NT$381.12 Million | -0.59% |
| 2021-12-31 | NT$383.40 Million | -8.87% |
| 2020-12-31 | NT$420.72 Million | -17.84% |
| 2019-12-31 | NT$512.04 Million | -- |