China Times Publishing Co

TWO:8923 Taiwan Publishing
Market Cap
$18.64 Million
NT$616.63 Million TWD
Market Cap Rank
#30628 Global
#1847 in Taiwan
Share Price
NT$20.30
Change (1 day)
+1.25%
52-Week Range
NT$18.35 - NT$22.55
All Time High
NT$23.10
About

China Times Publishing Comp. publishes and sells Chinese books in Taiwan and internationally. Its publications include literature, fiction, prose, history, law, politics, religion, philosophy, humanities and society, culture, biographical, art, photography, film and television, DVD, VCD, CD, nature, science popularization, mathematical, tourism, common sense, comics, graphics, cartoons, parent-ch… Read more

China Times Publishing Co (8923) - Total Assets

Latest total assets as of June 2025: NT$878.03 Million TWD

Based on the latest financial reports, China Times Publishing Co (8923) holds total assets worth NT$878.03 Million 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.

China Times Publishing Co - Total Assets Trend (2016–2024)

This chart illustrates how China Times Publishing Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

China Times Publishing Co - Asset Composition Analysis

Current Asset Composition (December 2024)

China Times Publishing Co's total assets of NT$878.03 Million consist of 64.6% current assets and 35.4% non-current assets.

Asset Category Amount (TWD) % of Total Assets
Cash & Equivalents NT$0.00 4.5%
Accounts Receivable NT$140.91 Million 15.8%
Inventory NT$144.86 Million 16.3%
Property, Plant & Equipment NT$0.00 0.0%
Intangible Assets NT$0.00 0.0%
Goodwill NT$0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how China Times Publishing Co'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: China Times Publishing Co's current assets represent 64.6% of total assets in 2024, a decrease from 65.3% in 2016.
  • Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, down from 4.6% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 16.3% of total assets.

China Times Publishing Co Competitors by Total Assets

Key competitors of China Times Publishing Co based on total assets are shown below.

Company Country Total Assets
Tangel Publishing
SHE:300148
China CN¥1.48 Billion
Huamei Holding
SHE:000607
China CN¥3.53 Billion
Central China Land Media Co Ltd
SHE:000719
China CN¥18.96 Billion
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
China CN¥5.13 Billion
Catcha Digital Bhd
KLSE:0173
Malaysia RM142.18 Million
YeaRimDang Publishing Co. Ltd
KQ:036000
Korea ₩300.92 Billion
Samsung Publis
KO:068290
Korea ₩212.43 Billion
Woongjin Thinkbig Co Ltd
KO:095720
Korea ₩747.74 Billion

China Times Publishing Co - 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: 0.49 - 0.60

Moderate asset utilization - China Times Publishing Co generates 0.49x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.15% - 4.14%

Moderate ROA - For every $100 in assets, China Times Publishing Co generates $ 3.19 in net profit.

China Times Publishing Co - 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 1.53 1.53 1.65
Quick Ratio 1.14 1.14 1.17
Cash Ratio 0.00 0.00 0.00
Working Capital NT$199.61 Million NT$ 192.38 Million NT$ 191.06 Million

China Times Publishing Co - Advanced Valuation Insights

This section examines the relationship between China Times Publishing Co'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 1.38
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 4.3%
Total Assets NT$890.49 Million
Market Capitalization $5.92 Million USD

Valuation Analysis

Below Book Valuation: The market values China Times Publishing Co's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: China Times Publishing Co's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for China Times Publishing Co (2016–2024)

The table below shows the annual total assets of China Times Publishing Co from 2016 to 2024.

Year Total Assets Change
2024-12-31 NT$890.49 Million +4.28%
2023-12-31 NT$853.91 Million -2.96%
2022-12-31 NT$879.96 Million +9.99%
2021-12-31 NT$800.02 Million +1.77%
2020-12-31 NT$786.08 Million +0.23%
2019-12-31 NT$784.26 Million +2.69%
2018-12-31 NT$763.73 Million -0.25%
2017-12-31 NT$765.68 Million +3.26%
2016-12-31 NT$741.53 Million --