Changing Information Technology Inc.
Changing Information Technology Inc. provides digital authentication and cybersecurity solutions. The company offers zero-trust digital authentication systems, Fintech security solutions, and digital transformation applications. The company is headquartered in Hsinchu City, Taiwan.
Changing Information Technology Inc. (8272) - Total Assets
Latest total assets as of September 2025: NT$779.90 Million TWD
Based on the latest financial reports, Changing Information Technology Inc. (8272) holds total assets worth NT$779.90 Million 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.
Changing Information Technology Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Changing Information Technology Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Changing Information Technology Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Changing Information Technology Inc.'s total assets of NT$779.90 Million consist of 97.6% current assets and 2.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 24.7% |
| Accounts Receivable | NT$109.47 Million | 13.9% |
| Inventory | NT$1.08 Million | 0.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Changing Information Technology Inc.'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: Changing Information Technology Inc.'s current assets represent 97.6% of total assets in 2024, an increase from 94.9% in 2021.
- Cash Position: Cash and equivalents constituted 24.7% of total assets in 2024, down from 37.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 13.9% of total assets.
Changing Information Technology Inc. Competitors by Total Assets
Key competitors of Changing Information Technology Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Changing Information Technology Inc. - 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 - Changing Information Technology Inc. generates 0.52x 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, Changing Information Technology Inc. generates $8.99 in net profit.
Changing Information Technology Inc. - 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 | 3.77 | 3.47 | 3.47 |
| Quick Ratio | 3.76 | 3.45 | 3.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$562.50 Million | NT$ 378.75 Million | NT$ 378.75 Million |
Changing Information Technology Inc. - Advanced Valuation Insights
This section examines the relationship between Changing Information Technology Inc.'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 | 2.48 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 25.8% |
| Total Assets | NT$788.53 Million |
| Market Capitalization | $22.77K USD |
Valuation Analysis
Below Book Valuation: The market values Changing Information Technology Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Changing Information Technology Inc.'s assets grew by 25.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Changing Information Technology Inc. (2021–2024)
The table below shows the annual total assets of Changing Information Technology Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$788.53 Million | +25.78% |
| 2023-12-31 | NT$626.90 Million | +8.10% |
| 2022-12-31 | NT$579.91 Million | +21.54% |
| 2021-12-31 | NT$477.15 Million | -- |