Eminent Luggage Corporation
Eminent Luggage Corporation engages in designing, manufacturing, and retailing luggage and suitcase, and related parts and components in Taiwan, the United States, Singapore, China, Germany, and others. It offers hand luggage, business trolleys, check-in suitcases, and laptop backpacks; and travel accessories, including luggage covers and tags, packing cube set, portable wardrobe, hangable toilet… Read more
Eminent Luggage Corporation (9950) - Total Assets
Latest total assets as of June 2024: NT$4.50 Billion TWD
Based on the latest financial reports, Eminent Luggage Corporation (9950) holds total assets worth NT$4.50 Billion TWD as of June 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.
Eminent Luggage Corporation - Total Assets Trend (2019–2023)
This chart illustrates how Eminent Luggage Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Eminent Luggage Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Eminent Luggage Corporation's total assets of NT$4.50 Billion consist of 36.1% current assets and 63.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 11.7% |
| Accounts Receivable | NT$416.50 Million | 9.3% |
| Inventory | NT$642.08 Million | 14.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Eminent Luggage Corporation'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: Eminent Luggage Corporation's current assets represent 36.1% of total assets in 2023, an increase from 29.1% in 2019.
- Cash Position: Cash and equivalents constituted 11.7% of total assets in 2023, up from 4.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 14.3% of total assets.
Eminent Luggage Corporation Competitors by Total Assets
Key competitors of Eminent Luggage Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
|
Gumho NT Co Ltd
KQ:130500
|
Korea | ₩196.21 Billion |
Eminent Luggage Corporation - 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 - Eminent Luggage Corporation generates 0.65x 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, Eminent Luggage Corporation generates $ 22.76 in net profit.
Eminent Luggage Corporation - 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 | 1.57 | 1.32 | 0.48 |
| Quick Ratio | 0.97 | 0.87 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$610.64 Million | NT$ 434.60 Million | NT$ -1.11 Billion |
Eminent Luggage Corporation - Advanced Valuation Insights
This section examines the relationship between Eminent Luggage Corporation'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 | 1.28 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | NT$4.48 Billion |
| Market Capitalization | $16.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Eminent Luggage Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Eminent Luggage Corporation's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Eminent Luggage Corporation (2019–2023)
The table below shows the annual total assets of Eminent Luggage Corporation from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$4.48 Billion | +2.89% |
| 2022-12-31 | NT$4.35 Billion | +0.70% |
| 2021-12-31 | NT$4.32 Billion | -0.15% |
| 2020-12-31 | NT$4.33 Billion | -10.92% |
| 2019-12-31 | NT$4.86 Billion | -- |