Taiwan Cement Corp (1101) - Net Assets

Latest as of September 2025: NT$280.57 Billion TWD ≈ $8.84 Billion USD

Based on the latest financial reports, Taiwan Cement Corp (1101) has net assets worth NT$280.57 Billion TWD (≈ $8.84 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$581.08 Billion ≈ $18.31 Billion USD) and total liabilities (NT$300.51 Billion ≈ $9.47 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Taiwan Cement Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$280.57 Billion
% of Total Assets 48.28%
Annual Growth Rate 8.13%
5-Year Change 40.71%
10-Year Change 98.03%
Growth Volatility 10.33

Taiwan Cement Corp - Net Assets Trend (2000–2024)

This chart illustrates how Taiwan Cement Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Taiwan Cement Corp's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Taiwan Cement Corp (2000–2024)

The table below shows the annual net assets of Taiwan Cement Corp from 2000 to 2024. For live valuation and market cap data, see 1101 stock market capitalisation.

Year Net Assets Change
2024-12-31 NT$307.91 Billion
≈ $9.70 Billion		 +21.27%
2023-12-31 NT$253.90 Billion
≈ $8.00 Billion		 +6.56%
2022-12-31 NT$238.28 Billion
≈ $7.51 Billion		 +5.59%
2021-12-31 NT$225.65 Billion
≈ $7.11 Billion		 +3.12%
2020-12-31 NT$218.83 Billion
≈ $6.89 Billion		 +4.97%
2019-12-31 NT$208.46 Billion
≈ $6.57 Billion		 +5.61%
2018-12-31 NT$197.38 Billion
≈ $6.22 Billion		 +29.30%
2017-12-31 NT$152.65 Billion
≈ $4.81 Billion		 +3.56%
2016-12-31 NT$147.40 Billion
≈ $4.64 Billion		 -5.20%
2015-12-31 NT$155.48 Billion
≈ $4.90 Billion		 -4.03%
2014-12-31 NT$162.02 Billion
≈ $5.10 Billion		 +5.47%
2013-12-31 NT$153.62 Billion
≈ $4.84 Billion		 +16.60%
2012-12-31 NT$131.74 Billion
≈ $4.15 Billion		 +1.87%
2011-12-31 NT$129.32 Billion
≈ $4.07 Billion		 +3.85%
2010-12-31 NT$124.53 Billion
≈ $3.92 Billion		 +23.16%
2009-12-31 NT$101.11 Billion
≈ $3.19 Billion		 +12.04%
2008-12-31 NT$90.25 Billion
≈ $2.84 Billion		 -12.28%
2007-12-31 NT$102.89 Billion
≈ $3.24 Billion		 +32.73%
2006-12-31 NT$77.52 Billion
≈ $2.44 Billion		 +17.18%
2005-12-31 NT$66.15 Billion
≈ $2.08 Billion		 +7.30%
2004-12-31 NT$61.66 Billion
≈ $1.94 Billion		 +5.82%
2003-12-31 NT$58.26 Billion
≈ $1.84 Billion		 +1.11%
2002-12-31 NT$57.62 Billion
≈ $1.82 Billion		 +10.74%
2001-12-31 NT$52.03 Billion
≈ $1.64 Billion		 +10.37%
2000-12-31 NT$47.14 Billion
≈ $1.49 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Taiwan Cement Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 7923.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$72.77 Billion 29.33%
Other Components NT$175.33 Billion 70.67%
Total Equity NT$248.10 Billion 100.00%

Taiwan Cement Corp Competitors by Market Cap

The table below lists competitors of Taiwan Cement Corp ranked by their market capitalization.

Company Market Cap
Sichuan Em Technology Co Ltd
SHG:601208
 $5.79 Billion
Pandora A/S
CO:PNDORA
 $5.80 Billion
Vornado Realty Trust
NYSE:VNO
 $5.80 Billion
MEIJI HLD.UN.ADR 1/4 O.N.
F:3M00
 $5.80 Billion
PrairieSky Royalty Ltd
TO:PSK
 $5.78 Billion
RTL Group SA
XETRA:RRTL
 $5.78 Billion
Vipshop Holdings Limited
F:1VPA
 $5.78 Billion
VisEra Technologies Co. Ltd.
TW:6789
 $5.78 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taiwan Cement Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 230,933,254,000 to 248,097,494,000, a change of 17,164,240,000 (7.4%).
  • Net income of 11,259,317,000 contributed positively to equity growth.
  • Dividend payments of 9,419,858,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,457,952,999.
  • Other factors increased equity by 24,782,733,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$11.26 Billion +4.54%
Dividends Paid NT$9.42 Billion -3.8%
Other Comprehensive Income NT$-9.46 Billion -3.81%
Other Changes NT$24.78 Billion +9.99%
Total Change NT$- 7.43%

Book Value vs Market Value Analysis

This analysis compares Taiwan Cement Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.74x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.45x to 0.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 NT$16.87 NT$24.50 x
2007-12-31 NT$22.74 NT$24.50 x
2008-12-31 NT$15.89 NT$24.50 x
2009-12-31 NT$17.68 NT$24.50 x
2010-12-31 NT$21.12 NT$24.50 x
2011-12-31 NT$19.27 NT$24.50 x
2012-12-31 NT$19.87 NT$24.50 x
2013-12-31 NT$22.52 NT$24.50 x
2014-12-31 NT$23.49 NT$24.50 x
2015-12-31 NT$21.51 NT$24.50 x
2016-12-31 NT$21.26 NT$24.50 x
2017-12-31 NT$26.50 NT$24.50 x
2018-12-31 NT$30.28 NT$24.50 x
2019-12-31 NT$29.19 NT$24.50 x
2020-12-31 NT$30.33 NT$24.50 x
2021-12-31 NT$30.39 NT$24.50 x
2022-12-31 NT$30.29 NT$24.50 x
2023-12-31 NT$30.15 NT$24.50 x
2024-12-31 NT$32.94 NT$24.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taiwan Cement Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.54%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.28%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 2.39x
  • Recent ROE (4.54%) is below the historical average (7.11%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 2.72% 3.82% 0.21x 3.47x NT$-2.90 Billion
2001 0.26% 0.38% 0.20x 3.47x NT$-4.29 Billion
2002 1.91% 2.58% 0.22x 3.32x NT$-3.89 Billion
2003 3.60% 4.12% 0.28x 3.09x NT$-3.13 Billion
2004 8.49% 8.81% 0.34x 2.87x NT$-789.02 Million
2005 10.11% 9.19% 0.40x 2.77x NT$61.33 Million
2006 8.87% 10.59% 0.40x 2.08x NT$-874.17 Million
2007 8.02% 10.77% 0.40x 1.87x NT$-2.03 Billion
2008 8.00% 7.34% 0.42x 2.59x NT$-1.44 Billion
2009 9.39% 8.55% 0.42x 2.59x NT$-486.48 Million
2010 8.46% 7.56% 0.41x 2.76x NT$-1.46 Billion
2011 8.91% 7.27% 0.45x 2.71x NT$-1.06 Billion
2012 7.75% 6.48% 0.46x 2.62x NT$-2.25 Billion
2013 8.87% 8.64% 0.41x 2.50x NT$-1.28 Billion
2014 9.18% 9.15% 0.40x 2.48x NT$-967.02 Million
2015 5.35% 6.17% 0.32x 2.71x NT$-5.03 Billion
2016 5.96% 7.10% 0.34x 2.50x NT$-4.32 Billion
2017 5.57% 7.72% 0.36x 2.00x NT$-6.04 Billion
2018 11.67% 17.00% 0.36x 1.90x NT$3.03 Billion
2019 12.50% 19.72% 0.33x 1.90x NT$4.84 Billion
2020 12.30% 21.95% 0.29x 1.91x NT$4.69 Billion
2021 9.91% 18.92% 0.24x 2.16x NT$-191.37 Million
2022 1.91% 3.65% 0.25x 2.11x NT$-17.63 Billion
2023 3.46% 7.32% 0.23x 2.03x NT$-15.10 Billion
2024 4.54% 7.28% 0.26x 2.39x NT$-13.55 Billion

Industry Comparison

This section compares Taiwan Cement Corp's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $32,017,407,111
  • Average return on equity (ROE) among peers: 5.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taiwan Cement Corp (1101) NT$280.57 Billion 2.72% 1.07x $5.78 Billion
Asia Cement Corp (1102) $159.05 Billion 6.99% 0.76x $3.92 Billion
Chia Hsin Cement Corp (1103) $19.28 Billion 0.08% 0.75x $279.15 Million
Universal Cement Corp (1104) $13.06 Billion 2.98% 0.20x $613.33 Million
Lucky Cement Co (1108) $4.21 Billion 0.00% 1.36x $185.53 Million
Hsing Ta Cement Co Ltd (1109) $8.63 Billion 11.17% 0.30x $166.06 Million
Southeast Cement Co Ltd (1110) $8.86 Billion 1.60% 0.08x $276.50 Million
Taiwan Glass Ind Corp (1802) $51.66 Billion -1.36% 0.80x $6.14 Billion
Goldsun Building Materials Co Ltd (2504) $21.12 Billion 13.31% 0.64x $1.31 Billion
Lihtai Construction Enterprise Co Ltd (5520) $2.28 Billion 15.69% 0.43x $153.62 Million

About Taiwan Cement Corp

TW:1101 Taiwan Building Materials
Market Cap
$5.78 Billion
NT$183.58 Billion TWD
Market Cap Rank
#3263 Global
#89 in Taiwan
Share Price
NT$24.50
Change (1 day)
+0.00%
52-Week Range
NT$20.40 - NT$31.20
All Time High
NT$51.10
Categories
Companies in Taiwan Building Materials
About

TCC Group Holdings Co., Ltd. engages in the production and sale of cement and ready-mix concrete in Taiwan and internationally. The company operates through Cement, Electricity and Energy, and Other segments. It is also involved in the thermal, solar, wind, and geothermal power generation; research, development, production, and sale of rechargeable lithium-ion batteries and battery modules; marin… Read more