ECOVE Environment Corp
ECOVE Environment Corp. provides waste management services to public and private entities in Taiwan, Macau, China, Southeast Asia, the United States, and India. The company finances, plans, constructs, operates, and maintains energy-from-waste, hazardous and special waste treatment, photovoltaic power, recycling, and water and wastewater treatment plants. It also provides management consulting, t… Read more
ECOVE Environment Corp (6803) - Total Assets
Latest total assets as of June 2025: NT$15.98 Billion TWD
Based on the latest financial reports, ECOVE Environment Corp (6803) holds total assets worth NT$15.98 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.
ECOVE Environment Corp - Total Assets Trend (2009–2024)
This chart illustrates how ECOVE Environment Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ECOVE Environment Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
ECOVE Environment Corp's total assets of NT$15.98 Billion consist of 40.7% current assets and 59.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 15.0% |
| Accounts Receivable | NT$1.16 Billion | 8.7% |
| Inventory | NT$101.34 Million | 0.8% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how ECOVE Environment Corp'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: ECOVE Environment Corp's current assets represent 40.7% of total assets in 2024, a decrease from 43.9% in 2009.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2024, down from 20.6% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 8.7% of total assets.
ECOVE Environment Corp Competitors by Total Assets
Key competitors of ECOVE Environment Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
ECOVE Environment Corp - 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 - ECOVE Environment Corp generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, ECOVE Environment Corp generates $9.41 in net profit.
ECOVE Environment Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.93 | 1.53 | 1.63 |
| Quick Ratio | 0.92 | 1.50 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-417.22 Million | NT$ 1.95 Billion | NT$ 1.36 Billion |
ECOVE Environment Corp - Advanced Valuation Insights
This section examines the relationship between ECOVE Environment Corp'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 | 3.26 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | NT$13.35 Billion |
| Market Capitalization | $305.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values ECOVE Environment Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ECOVE Environment Corp's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ECOVE Environment Corp (2009–2024)
The table below shows the annual total assets of ECOVE Environment Corp from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.35 Billion | +2.04% |
| 2023-12-31 | NT$13.08 Billion | -1.54% |
| 2022-12-31 | NT$13.29 Billion | +8.17% |
| 2021-12-31 | NT$12.28 Billion | +24.27% |
| 2020-12-31 | NT$9.89 Billion | +3.62% |
| 2019-12-31 | NT$9.54 Billion | +5.12% |
| 2018-12-31 | NT$9.08 Billion | +28.60% |
| 2017-12-31 | NT$7.06 Billion | -3.61% |
| 2016-12-31 | NT$7.32 Billion | -4.37% |
| 2015-12-31 | NT$7.66 Billion | +5.81% |
| 2014-12-31 | NT$7.24 Billion | +2.84% |
| 2013-12-31 | NT$7.04 Billion | +10.39% |
| 2012-12-31 | NT$6.37 Billion | -0.93% |
| 2011-12-31 | NT$6.43 Billion | +49.38% |
| 2010-12-31 | NT$4.31 Billion | +13.20% |
| 2009-12-31 | NT$3.80 Billion | -- |