HIM International Music
HIM International Music Inc. engages in the recording and distribution of music. It also offers copyright licensing and artist management services. The company was founded in 1988 and is headquartered in Taipei, Taiwan.
HIM International Music (8446) - Total Assets
Latest total assets as of June 2025: NT$2.88 Billion TWD
Based on the latest financial reports, HIM International Music (8446) holds total assets worth NT$2.88 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.
HIM International Music - Total Assets Trend (2015–2024)
This chart illustrates how HIM International Music’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HIM International Music - Asset Composition Analysis
Current Asset Composition (December 2024)
HIM International Music's total assets of NT$2.88 Billion consist of 50.1% current assets and 49.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 29.1% |
| Accounts Receivable | NT$16.04 Million | 0.6% |
| Inventory | NT$1.92 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 (2015–2024)
This chart illustrates how HIM International Music'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: HIM International Music's current assets represent 50.1% of total assets in 2024, an increase from 38.8% in 2015.
- Cash Position: Cash and equivalents constituted 29.1% of total assets in 2024, down from 32.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
HIM International Music Competitors by Total Assets
Key competitors of HIM International Music based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AVP Inc
PINK:AVPI
|
USA | $9.23 Million |
|
Club De Futbol Intercity Sad
MC:CITY
|
Spain | €1.07 Million |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.13 Trillion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
HIM International Music - 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 - HIM International Music generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, HIM International Music generates $ 20.89 in net profit.
HIM International Music - 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 | 1.93 | 1.57 | 0.93 |
| Quick Ratio | 1.93 | 1.56 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$698.94 Million | NT$ 519.35 Million | NT$ -95.24 Million |
HIM International Music - Advanced Valuation Insights
This section examines the relationship between HIM International Music'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 | 2.39 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | NT$2.90 Billion |
| Market Capitalization | $83.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values HIM International Music's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: HIM International Music's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for HIM International Music (2015–2024)
The table below shows the annual total assets of HIM International Music from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.90 Billion | -10.70% |
| 2023-12-31 | NT$3.25 Billion | +3.82% |
| 2022-12-31 | NT$3.13 Billion | -2.72% |
| 2021-12-31 | NT$3.21 Billion | +7.43% |
| 2020-12-31 | NT$2.99 Billion | +14.92% |
| 2019-12-31 | NT$2.60 Billion | +5.63% |
| 2018-12-31 | NT$2.46 Billion | -4.03% |
| 2017-12-31 | NT$2.57 Billion | +7.13% |
| 2016-12-31 | NT$2.40 Billion | +28.18% |
| 2015-12-31 | NT$1.87 Billion | -- |