Tien Li Offshore Wind Technology Co., Ltd.
Tien Li Offshore Wind Technology Co., Ltd. designs, manufactures and sells offshore wind turbine blades. It is involved in the manufacture and research of blades mold; and improvement of blade production process, and blades maintenance. The company was founded in 1998 and is based in Taichung, Taiwan.
Tien Li Offshore Wind Technology Co., Ltd. (6793) - Total Assets
Latest total assets as of June 2025: NT$1.91 Billion TWD
Based on the latest financial reports, Tien Li Offshore Wind Technology Co., Ltd. (6793) holds total assets worth NT$1.91 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.
Tien Li Offshore Wind Technology Co., Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Tien Li Offshore Wind Technology Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tien Li Offshore Wind Technology Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tien Li Offshore Wind Technology Co., Ltd.'s total assets of NT$1.91 Billion consist of 29.7% current assets and 70.3% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.9% |
| Accounts Receivable | NT$357.32 Million | 14.7% |
| Inventory | NT$13.44 Million | 0.6% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$730.00K | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tien Li Offshore Wind Technology 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: Tien Li Offshore Wind Technology Co., Ltd.'s current assets represent 29.7% of total assets in 2024, an increase from 20.5% in 2019.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, down from 19.8% 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 14.7% of total assets.
Tien Li Offshore Wind Technology Co., Ltd. Competitors by Total Assets
Key competitors of Tien Li Offshore Wind Technology Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
USA | $165.80 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
China | CN¥2.14 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
Tien Li Offshore Wind Technology 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 - Tien Li Offshore Wind Technology Co., Ltd. generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tien Li Offshore Wind Technology Co., Ltd. is currently not profitable relative to its asset base.
Tien Li Offshore Wind Technology 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 | 1.67 | 1.59 | 6.13 |
| Quick Ratio | 1.64 | 1.47 | 6.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$116.99 Million | NT$ 278.72 Million | NT$ 136.13 Million |
Tien Li Offshore Wind Technology Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Tien Li Offshore Wind Technology 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 | 0.28 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.6% |
| Total Assets | NT$2.43 Billion |
| Market Capitalization | $12.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tien Li Offshore Wind Technology Co., Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Tien Li Offshore Wind Technology Co., Ltd.'s assets decreased by 1.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Tien Li Offshore Wind Technology Co., Ltd. (2019–2024)
The table below shows the annual total assets of Tien Li Offshore Wind Technology Co., Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.43 Billion | -1.64% |
| 2023-12-31 | NT$2.47 Billion | +7.53% |
| 2022-12-31 | NT$2.29 Billion | -28.28% |
| 2021-12-31 | NT$3.20 Billion | +45.28% |
| 2020-12-31 | NT$2.20 Billion | +446.82% |
| 2019-12-31 | NT$402.69 Million | -- |