Launch Technologies Co Ltd
Launch Technologies Co., Ltd. manufactures and sells golf balls in Taiwan, rest of Asia, the United States, and internationally. The company provides one- and two-layer solid golf balls, three-layer double-center golf balls, multi-layer structure golf balls, high-end game balls, and other products. Launch Technologies Co., Ltd. was founded in 2006 and is headquartered in Pingtung, Taiwan. Launch … Read more
Launch Technologies Co Ltd (8420) - Total Assets
Latest total assets as of September 2024: NT$1.67 Billion TWD
Based on the latest financial reports, Launch Technologies Co Ltd (8420) holds total assets worth NT$1.67 Billion TWD as of September 2024.
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.
Launch Technologies Co Ltd - Total Assets Trend (2011–2023)
This chart illustrates how Launch Technologies Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Launch Technologies Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Launch Technologies Co Ltd's total assets of NT$1.67 Billion consist of 56.5% current assets and 43.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 21.7% |
| Accounts Receivable | NT$26.90 Million | 1.3% |
| Inventory | NT$303.50 Million | 15.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2011–2023)
This chart illustrates how Launch Technologies 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: Launch Technologies Co Ltd's current assets represent 56.5% of total assets in 2023, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 21.7% of total assets in 2023, up from 1.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 15.2% of total assets.
Launch Technologies Co Ltd Competitors by Total Assets
Key competitors of Launch Technologies Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Launch Technologies 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 - Launch Technologies Co Ltd generates 1.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Launch Technologies Co Ltd is currently not profitable relative to its asset base.
Launch Technologies 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 | 1.40 | 1.47 | 1.54 |
| Quick Ratio | 0.80 | 1.16 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$200.65 Million | NT$ 464.95 Million | NT$ 184.92 Million |
Launch Technologies Co Ltd - Advanced Valuation Insights
This section examines the relationship between Launch Technologies 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 | 2.50 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -38.0% |
| Total Assets | NT$2.00 Billion |
| Market Capitalization | $32.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Launch Technologies Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Launch Technologies Co Ltd's assets decreased by 38.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Launch Technologies Co Ltd (2011–2023)
The table below shows the annual total assets of Launch Technologies Co Ltd from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$2.00 Billion | -38.02% |
| 2022-12-31 | NT$3.23 Billion | +47.31% |
| 2021-12-31 | NT$2.19 Billion | +15.25% |
| 2020-12-31 | NT$1.90 Billion | +20.88% |
| 2019-12-31 | NT$1.57 Billion | +25.82% |
| 2018-12-31 | NT$1.25 Billion | +23.04% |
| 2017-12-31 | NT$1.02 Billion | -0.80% |
| 2016-12-31 | NT$1.03 Billion | +8.60% |
| 2015-12-31 | NT$944.14 Million | +0.40% |
| 2014-12-31 | NT$940.33 Million | -9.96% |
| 2013-12-31 | NT$1.04 Billion | -6.88% |
| 2012-12-31 | NT$1.12 Billion | +3.11% |
| 2011-12-31 | NT$1.09 Billion | -- |