Asia Cement Corp Net Assets

Latest as of December 2025: NT$203.42 Billion TWD ≈ $6.41 Billion USD

Asia Cement Corp net assets. Based on the latest financial reports, Asia Cement Corp (1102) has net assets worth NT$203.42 Billion TWD (≈ $6.41 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$324.04 Billion ≈ $10.21 Billion USD) and total liabilities (NT$120.62 Billion ≈ $3.80 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. Also explore Asia Cement Corp net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$203.42 Billion
% of Total Assets	62.78%
Annual Growth Rate	7.38%
5-Year Change	12.84%
10-Year Change	44.62%
Growth Volatility	11.91

Net Assets of Asia Cement Corp (2000–2025)

Net assets of Asia Cement Corp from 2000 to 2025. This chart illustrates how Asia Cement Corp's net assets have evolved over time, based on quarterly financial data. See Asia Cement Corp (1102) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Asia Cement Corp (2000–2025)

The table below shows the annual net assets of Asia Cement Corp from 2000 to 2025. For live market cap and overall valuation, see 1102 market cap overview.

Year	Net Assets	Change
2025-12-31	NT$203.42 Billion ≈ $6.41 Billion	-0.70%
2024-12-31	NT$204.85 Billion ≈ $6.45 Billion	+6.77%
2023-12-31	NT$191.86 Billion ≈ $6.04 Billion	+4.14%
2022-12-31	NT$184.23 Billion ≈ $5.80 Billion	+2.20%
2021-12-31	NT$180.27 Billion ≈ $5.68 Billion	+6.11%
2020-12-31	NT$169.89 Billion ≈ $5.35 Billion	+0.26%
2019-12-31	NT$169.45 Billion ≈ $5.34 Billion	+6.54%
2018-12-31	NT$159.05 Billion ≈ $5.01 Billion	+9.09%
2017-12-31	NT$145.80 Billion ≈ $4.59 Billion	+3.65%
2016-12-31	NT$140.66 Billion ≈ $4.43 Billion	-9.16%
2015-12-31	NT$154.85 Billion ≈ $4.88 Billion	-4.25%
2014-12-31	NT$161.73 Billion ≈ $5.10 Billion	+50.67%
2013-12-31	NT$107.34 Billion ≈ $3.38 Billion	+7.10%
2012-12-31	NT$100.23 Billion ≈ $3.16 Billion	-2.08%
2011-12-31	NT$102.36 Billion ≈ $3.22 Billion	+11.72%
2010-12-31	NT$91.61 Billion ≈ $2.89 Billion	+22.01%
2009-12-31	NT$75.09 Billion ≈ $2.37 Billion	-2.75%
2008-12-31	NT$77.20 Billion ≈ $2.43 Billion	+1.19%
2007-12-31	NT$76.30 Billion ≈ $2.40 Billion	+23.04%
2006-12-31	NT$62.01 Billion ≈ $1.95 Billion	+18.03%
2005-12-31	NT$52.54 Billion ≈ $1.66 Billion	+16.51%
2004-12-31	NT$45.09 Billion ≈ $1.42 Billion	+12.51%
2003-12-31	NT$40.08 Billion ≈ $1.26 Billion	+14.60%
2002-12-31	NT$34.98 Billion ≈ $1.10 Billion	+5.13%
2001-12-31	NT$33.27 Billion ≈ $1.05 Billion	-3.03%
2000-12-31	NT$34.31 Billion ≈ $1.08 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Asia 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 6240.1% over the analyzed period, indicating profitable operations and earnings retention.

Asia Cement Corp Net Assets Breakdown (December 2025)

Asia Cement Corp net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	NT$37.77 Billion	20.95%
Common Stock	NT$35.47 Billion	19.67%
Other Comprehensive Income	NT$102.30 Billion	56.75%
Other Components	NT$4.75 Billion	2.63%
Total Equity	NT$180.28 Billion	100.00%

Asia Cement Corp Competitors by Market Cap

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

Company	Market Cap
The Chefs Warehouse Inc NASDAQ:CHEF	$4.25 Billion
United Community Banks, Inc. NYSE:UCB	$4.25 Billion
Scorpio Tankers Inc NYSE:STNG	$4.26 Billion
Mattel Inc NASDAQ:MAT	$4.26 Billion
Joulwatt Technology Co. Ltd. A SHG:688141	$4.25 Billion
Magnolia Oil & Gas Corp NYSE:MGY	$4.25 Billion
Gibson Energy Inc. TO:GEI	$4.25 Billion
ESAB Corp NYSE:ESAB	$4.25 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 181,347,447,000 to 180,277,293,000, a change of -1,070,154,000 (-0.6%).
Net income of 10,029,823,000 contributed positively to equity growth.
Dividend payments of 7,802,420,000 reduced retained earnings.
Other comprehensive income decreased equity by 898,216,000.
Other factors decreased equity by 2,399,341,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$10.03 Billion	+5.56%
Dividends Paid	NT$7.80 Billion	-4.33%
Other Comprehensive Income	NT$-898.22 Million	-0.5%
Other Changes	NT$-2.40 Billion	-1.33%
Total Change	NT$-	-0.59%

Book Value vs Market Value Analysis

This analysis compares Asia 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: 0.72x
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 2.14x to 0.72x 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$17.76	NT$38.05	x
2007-12-31	NT$21.49	NT$38.05	x
2008-12-31	NT$19.23	NT$38.05	x
2009-12-31	NT$22.26	NT$38.05	x
2010-12-31	NT$23.30	NT$38.05	x
2011-12-31	NT$25.70	NT$38.05	x
2012-12-31	NT$25.81	NT$38.05	x
2013-12-31	NT$26.31	NT$38.05	x
2014-12-31	NT$41.30	NT$38.05	x
2015-12-31	NT$39.37	NT$38.05	x
2016-12-31	NT$37.56	NT$38.05	x
2017-12-31	NT$40.49	NT$38.05	x
2018-12-31	NT$43.19	NT$38.05	x
2019-12-31	NT$44.10	NT$38.05	x
2020-12-31	NT$44.59	NT$38.05	x
2021-12-31	NT$47.34	NT$38.05	x
2022-12-31	NT$48.46	NT$38.05	x
2023-12-31	NT$50.95	NT$38.05	x
2024-12-31	NT$54.17	NT$38.05	x
2025-12-31	NT$52.94	NT$38.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asia 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): 5.56%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.12%
• Asset Turnover: 0.22x
• Equity Multiplier: 1.80x
Recent ROE (5.56%) is below the historical average (8.02%), 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	0.51%	1.43%	0.21x	1.67x	NT$-3.24 Billion
2001	0.91%	2.45%	0.21x	1.79x	NT$-3.01 Billion
2002	3.32%	6.61%	0.24x	2.05x	NT$-2.34 Billion
2003	8.28%	18.95%	0.21x	2.07x	NT$-687.38 Million
2004	14.28%	24.63%	0.30x	1.91x	NT$1.93 Billion
2005	13.21%	24.75%	0.28x	1.90x	NT$1.61 Billion
2006	12.07%	22.77%	0.30x	1.79x	NT$1.24 Billion
2007	13.97%	28.10%	0.28x	1.77x	NT$2.87 Billion
2008	11.28%	16.62%	0.31x	2.22x	NT$830.63 Million
2009	10.50%	79.15%	0.09x	1.48x	NT$376.51 Million
2010	9.76%	14.26%	0.32x	2.16x	NT$-187.79 Million
2011	11.60%	14.55%	0.36x	2.24x	NT$1.38 Billion
2012	7.36%	9.71%	0.34x	2.24x	NT$-2.23 Billion
2013	7.65%	9.70%	0.32x	2.43x	NT$-2.09 Billion
2014	6.60%	12.05%	0.27x	1.99x	NT$-4.82 Billion
2015	3.58%	7.33%	0.25x	1.99x	NT$-8.73 Billion
2016	3.22%	6.47%	0.26x	1.94x	NT$-8.32 Billion
2017	4.29%	8.43%	0.26x	1.94x	NT$-7.27 Billion
2018	8.06%	13.44%	0.30x	2.02x	NT$-2.67 Billion
2019	11.95%	19.54%	0.30x	2.04x	NT$2.85 Billion
2020	9.96%	18.80%	0.26x	2.01x	NT$-66.37 Million
2021	9.60%	16.81%	0.28x	2.02x	NT$-624.47 Million
2022	7.47%	13.30%	0.28x	2.02x	NT$-4.07 Billion
2023	6.43%	13.57%	0.24x	1.99x	NT$-6.03 Billion
2024	7.11%	16.89%	0.23x	1.83x	NT$-5.25 Billion
2025	5.56%	14.12%	0.22x	1.80x	NT$-8.00 Billion

Industry Comparison

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

Industry Context

Industry: Building Materials
Average net assets among peers: $32,052,997,556
Average return on equity (ROE) among peers: 7.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asia Cement Corp (1102)	NT$203.42 Billion	0.51%	0.59x	$4.25 Billion
Taiwan Cement Corp (1101)	$153.62 Billion	6.53%	0.84x	$6.87 Billion
Chia Hsin Cement Corp (1103)	$19.28 Billion	0.08%	0.75x	$284.34 Million
Universal Cement Corp (1104)	$16.40 Billion	10.38%	0.24x	$578.72 Million
Lucky Cement Co (1108)	$5.76 Billion	15.30%	0.77x	$139.63 Million
Hsing Ta Cement Co Ltd (1109)	$6.91 Billion	1.56%	0.11x	$139.73 Million
Southeast Cement Co Ltd (1110)	$7.90 Billion	3.14%	0.23x	$269.59 Million
Taiwan Glass Ind Corp (1802)	$50.71 Billion	0.07%	0.78x	$5.71 Billion
Goldsun Building Materials Co Ltd (2504)	$25.62 Billion	13.78%	0.58x	$1.19 Billion
Lihtai Construction Enterprise Co Ltd (5520)	$2.28 Billion	15.69%	0.43x	$158.53 Million

About Asia Cement Corp

TW:1102 Taiwan Building Materials

Market Cap

$4.25 Billion

NT$134.95 Billion TWD

Market Cap Rank

#3836 Global

#114 in Taiwan

Share Price

NT$38.05

Change (1 day)

+0.66%

52-Week Range

NT$31.70 - NT$39.00

All Time High

NT$47.75