International Ocean Group

TWO:7583 Taiwan Engineering & Construction
Market Cap
$51.83 Million
NT$1.72 Billion TWD
Market Cap Rank
#43867 Global
#1946 in Taiwan
Share Price
NT$70.40
Change (1 day)
+0.14%
52-Week Range
NT$65.10 - NT$71.50
All Time High
NT$71.50
About

International Ocean Group provides marine geophysical, construction support, and hydrogeological survey services. It also offers operation and maintenance, and geotechnical for marine industry, as well as vessel charter and related services. The company was formerly known as IOVTEC Co., Ltd. International Ocean Group was founded in 2013 and is based in Taipei, Taiwan.

International Ocean Group (7583) - Total Assets

Latest total assets as of June 2025: NT$1.44 Billion TWD

Based on the latest financial reports, International Ocean Group (7583) holds total assets worth NT$1.44 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.

International Ocean Group - Total Assets Trend (2021–2024)

This chart illustrates how International Ocean Group’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

International Ocean Group - Asset Composition Analysis

Current Asset Composition (December 2024)

International Ocean Group's total assets of NT$1.44 Billion consist of 42.5% current assets and 57.6% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 30.6%
Accounts Receivable NT$130.84 Million 9.7%
Inventory NT$11.85 Million 0.9%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$16.58 Million 1.2%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2021–2024)

This chart illustrates how International Ocean Group'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: International Ocean Group's current assets represent 42.5% of total assets in 2024, an increase from 39.6% in 2021.
  • Cash Position: Cash and equivalents constituted 30.6% of total assets in 2024, up from 18.8% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2021.
  • Asset Diversification: The largest asset category is accounts receivable at 9.7% of total assets.

International Ocean Group Competitors by Total Assets

Key competitors of International Ocean Group based on total assets are shown below.

International Ocean Group - 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

Historical Range: 0.28 - 0.84

Strong asset utilization - International Ocean Group generates 0.84x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 2.33% - 10.50%

Excellent ROA - For every $100 in assets, International Ocean Group generates $ 10.50 in net profit.

International Ocean Group - 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 1.52 1.25 1.42
Quick Ratio 1.49 1.21 1.41
Cash Ratio 0.00 0.00 0.00
Working Capital NT$211.93 Million NT$ 122.67 Million NT$ 116.18 Million

International Ocean Group - Advanced Valuation Insights

This section examines the relationship between International Ocean Group'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 2.26
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 5.9%
Total Assets NT$1.35 Billion
Market Capitalization $19.78K USD

Valuation Analysis

Below Book Valuation: The market values International Ocean Group's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: International Ocean Group's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for International Ocean Group (2021–2024)

The table below shows the annual total assets of International Ocean Group from 2021 to 2024.

Year Total Assets Change
2024-12-31 NT$1.35 Billion +5.94%
2023-12-31 NT$1.27 Billion +12.92%
2022-12-31 NT$1.13 Billion -0.35%
2021-12-31 NT$1.13 Billion --