Formosa Electronic Industries
Formosa Electronic Industries Inc. manufactures and sells single-string battery modules, mobile power supplies, wireless charging devices, green energy battery modules, and distributed energy storage systems. The company provides renewable energy sites, system integration, engineering construction, and import and export of related products. It also offers energy storage systems, energy storage eq… Read more
Formosa Electronic Industries (8171) - Total Assets
Latest total assets as of September 2025: NT$3.39 Billion TWD
Based on the latest financial reports, Formosa Electronic Industries (8171) holds total assets worth NT$3.39 Billion TWD as of September 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.
Formosa Electronic Industries - Total Assets Trend (2009–2024)
This chart illustrates how Formosa Electronic Industries’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Formosa Electronic Industries - Asset Composition Analysis
Current Asset Composition (December 2024)
Formosa Electronic Industries's total assets of NT$3.39 Billion consist of 55.9% current assets and 44.1% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 19.9% |
| Accounts Receivable | NT$353.94 Million | 14.7% |
| Inventory | NT$240.80 Million | 10.0% |
| 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 Formosa Electronic Industries'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: Formosa Electronic Industries's current assets represent 55.9% of total assets in 2024, a decrease from 78.1% in 2009.
- Cash Position: Cash and equivalents constituted 19.9% of total assets in 2024, up from 11.7% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 14.7% of total assets.
Formosa Electronic Industries Competitors by Total Assets
Key competitors of Formosa Electronic Industries 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 |
Formosa Electronic Industries - 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
Lower asset utilization - Formosa Electronic Industries generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Formosa Electronic Industries is currently not profitable relative to its asset base.
Formosa Electronic Industries - 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 | 7.50 | 2.03 | 1.90 |
| Quick Ratio | 6.52 | 1.59 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.41 Billion | NT$ 778.30 Million | NT$ 356.00 Million |
Formosa Electronic Industries - Advanced Valuation Insights
This section examines the relationship between Formosa Electronic Industries'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 | 1.55 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.5% |
| Total Assets | NT$2.41 Billion |
| Market Capitalization | $71.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formosa Electronic Industries's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Formosa Electronic Industries's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Formosa Electronic Industries (2009–2024)
The table below shows the annual total assets of Formosa Electronic Industries from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.41 Billion | -0.46% |
| 2023-12-31 | NT$2.42 Billion | +4.17% |
| 2022-12-31 | NT$2.33 Billion | +43.39% |
| 2021-12-31 | NT$1.62 Billion | +69.30% |
| 2020-12-31 | NT$958.73 Million | +3.04% |
| 2019-12-31 | NT$930.43 Million | +35.09% |
| 2018-12-31 | NT$688.74 Million | -13.34% |
| 2017-12-31 | NT$794.73 Million | -45.70% |
| 2016-12-31 | NT$1.46 Billion | -4.84% |
| 2015-12-31 | NT$1.54 Billion | -25.25% |
| 2014-12-31 | NT$2.06 Billion | +49.11% |
| 2013-12-31 | NT$1.38 Billion | -2.08% |
| 2012-12-31 | NT$1.41 Billion | +2.79% |
| 2011-12-31 | NT$1.37 Billion | +20.80% |
| 2010-12-31 | NT$1.13 Billion | +40.15% |
| 2009-12-31 | NT$809.74 Million | -- |