Ideal Bike (8933) - Total Assets
Based on the latest financial reports, Ideal Bike (8933) holds total assets worth NT$3.67 Billion TWD (≈ $115.71 Million USD) 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. See Ideal Bike book value and equity for net asset value and shareholders' equity analysis.
Ideal Bike - Total Assets Trend (2017–2024)
This chart illustrates how Ideal Bike's total assets have evolved over time, based on quarterly financial data. Check Ideal Bike (8933) asset resilience to evaluate the company's liquid asset resilience ratio.
Ideal Bike - Asset Composition Analysis
Current Asset Composition (December 2024)
Ideal Bike's total assets of NT$3.67 Billion consist of 67.3% current assets and 32.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 9.2% |
| Accounts Receivable | NT$468.95 Million | 10.7% |
| Inventory | NT$1.95 Billion | 44.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Ideal Bike'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. For live market cap, price, and company overview, see Ideal Bike (8933) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ideal Bike's current assets represent 67.3% of total assets in 2024, a decrease from 68.1% in 2017.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2024, down from 11.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 44.4% of total assets.
Ideal Bike Competitors by Total Assets
Key competitors of Ideal Bike based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Compagnie des Alpes S.A.
PA:CDA
|
France | €3.24 Billion |
|
Giant Manufacturing Co Ltd
TW:9921
|
Taiwan | NT$69.86 Billion |
|
Cosonic Intelligent Tech Co Ltd
SHE:300793
|
China | CN¥4.44 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥676.27 Million |
|
Bicicletas Monark S.A
SA:BMKS3
|
Brazil | R$230.13 Million |
|
Safari World PLC
BK:SAFARI
|
Thailand | ฿8.09 Billion |
|
Toys R US ANZ Ltd
AU:TOY
|
Australia | AU$10.48 Million |
|
Coast Entertainment Holdings Ltd
AU:CEH
|
Australia | AU$261.11 Million |
Ideal Bike - 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 | 1.42 | 1.59 | 1.14 |
| Quick Ratio | 0.41 | 0.56 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$706.80 Million | NT$1.18 Billion | NT$338.28 Million |
Ideal Bike - Advanced Valuation Insights
This section examines the relationship between Ideal Bike'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 | 1.31 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -17.2% |
| Total Assets | NT$4.40 Billion |
| Market Capitalization | $44.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ideal Bike's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ideal Bike's assets decreased by 17.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ideal Bike (2017–2024)
The table below shows the annual total assets of Ideal Bike from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.40 Billion ≈ $138.59 Million |
-17.19% |
| 2023-12-31 | NT$5.31 Billion ≈ $167.35 Million |
-19.06% |
| 2022-12-31 | NT$6.56 Billion ≈ $206.75 Million |
+25.35% |
| 2021-12-31 | NT$5.23 Billion ≈ $164.93 Million |
+17.72% |
| 2020-12-31 | NT$4.45 Billion ≈ $140.10 Million |
-4.18% |
| 2019-12-31 | NT$4.64 Billion ≈ $146.21 Million |
-3.92% |
| 2018-12-31 | NT$4.83 Billion ≈ $152.17 Million |
-21.13% |
| 2017-12-31 | NT$6.12 Billion ≈ $192.93 Million |
-- |
About Ideal Bike
Ideal Bike Corporation manufactures and sells bicycles and related parts in China, Europe, Asia, America, and internationally. It engages in the manufacture, machining, assembly, and domestic sale of bicycles, indoor and outdoor sports vehicles, children's bicycles, mini scooters and their accessories and parts. The company was founded in 1980 and is headquartered in Taichung, Taiwan.