Tan De Tech Co., Ltd
Tan De Tech Co., Ltd develops and sells automotive LED headlights for various car manufacturers. It also offers taillights, direction lights, fog lights, daytime running lights, and other vehicle exterior lighting fixtures. The company was founded in 2013 and is based in Douliu, Taiwan.
Tan De Tech Co., Ltd (6867) - Total Assets
Latest total assets as of June 2025: NT$450.87 Million TWD
Based on the latest financial reports, Tan De Tech Co., Ltd (6867) holds total assets worth NT$450.87 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.
Tan De Tech Co., Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Tan De Tech Co., Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tan De Tech Co., Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tan De Tech Co., Ltd's total assets of NT$450.87 Million consist of 61.2% current assets and 38.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 30.6% |
| Accounts Receivable | NT$124.75 Million | 21.2% |
| Inventory | NT$44.27 Million | 7.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$18.78 Million | 3.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Tan De Tech 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: Tan De Tech Co., Ltd's current assets represent 61.2% of total assets in 2024, an increase from 46.4% in 2020.
- Cash Position: Cash and equivalents constituted 30.6% of total assets in 2024, up from 13.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 21.2% of total assets.
Tan De Tech Co., Ltd Competitors by Total Assets
Key competitors of Tan De Tech Co., Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Kuntai New Material Technology Co. Ltd. A
SHE:001260
|
China | CN¥1.07 Billion |
|
Higen RNM
KQ:160190
|
Korea | ₩115.86 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
China | CN¥6.36 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
Tan De Tech 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 - Tan De Tech Co., Ltd generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Tan De Tech Co., Ltd generates $ 4.81 in net profit.
Tan De Tech 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 | 3.09 | 3.78 | 1.98 |
| Quick Ratio | 2.68 | 3.35 | 1.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$204.54 Million | NT$ 236.86 Million | NT$ 204.59 Million |
Tan De Tech Co., Ltd - Advanced Valuation Insights
This section examines the relationship between Tan De Tech 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 | 2.34 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.3% |
| Total Assets | NT$588.69 Million |
| Market Capitalization | $6.23K USD |
Valuation Analysis
Below Book Valuation: The market values Tan De Tech Co., Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tan De Tech Co., Ltd's assets decreased by 18.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tan De Tech Co., Ltd (2020–2024)
The table below shows the annual total assets of Tan De Tech Co., Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$588.69 Million | -18.29% |
| 2023-12-31 | NT$720.48 Million | -5.77% |
| 2022-12-31 | NT$764.57 Million | +49.29% |
| 2021-12-31 | NT$512.14 Million | -11.07% |
| 2020-12-31 | NT$575.87 Million | -- |