Lucky Cement Co (1108) - Net Assets

Latest as of December 2025: NT$5.76 Billion TWD ≈ $181.34 Million USD

Based on the latest financial reports, Lucky Cement Co (1108) has net assets worth NT$5.76 Billion TWD (≈ $181.34 Million 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$10.16 Billion ≈ $320.17 Million USD) and total liabilities (NT$4.41 Billion ≈ $138.83 Million 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 Lucky Cement Co to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$5.76 Billion
% of Total Assets 56.64%
Annual Growth Rate 1.44%
5-Year Change 23.9%
10-Year Change 19.87%
Growth Volatility 4.24

Lucky Cement Co - Net Assets Trend (2002–2025)

This chart illustrates how Lucky Cement Co's net assets have evolved over time, based on quarterly financial data. Also explore Lucky Cement Co (1108) total assets for the complete picture of this company's asset base.

Annual Net Assets for Lucky Cement Co (2002–2025)

The table below shows the annual net assets of Lucky Cement Co from 2002 to 2025. For live valuation and market cap data, see Lucky Cement Co (1108) market capitalisation.

Year Net Assets Change
2025-12-31 NT$5.76 Billion
≈ $181.34 Million		 +10.99%
2024-12-31 NT$5.19 Billion
≈ $163.38 Million		 +2.27%
2023-12-31 NT$5.07 Billion
≈ $159.76 Million		 +3.36%
2022-12-31 NT$4.91 Billion
≈ $154.56 Million		 +5.60%
2021-12-31 NT$4.65 Billion
≈ $146.36 Million		 -0.24%
2020-12-31 NT$4.66 Billion
≈ $146.72 Million		 +7.78%
2019-12-31 NT$4.32 Billion
≈ $136.13 Million		 +2.22%
2018-12-31 NT$4.23 Billion
≈ $133.17 Million		 -4.55%
2017-12-31 NT$4.43 Billion
≈ $139.52 Million		 -7.77%
2016-12-31 NT$4.80 Billion
≈ $151.28 Million		 -0.90%
2015-12-31 NT$4.85 Billion
≈ $152.66 Million		 +5.00%
2014-12-31 NT$4.62 Billion
≈ $145.40 Million		 +4.81%
2013-12-31 NT$4.40 Billion
≈ $138.73 Million		 +4.81%
2012-12-31 NT$4.20 Billion
≈ $132.37 Million		 +2.05%
2011-12-31 NT$4.12 Billion
≈ $129.71 Million		 +0.10%
2010-12-31 NT$4.11 Billion
≈ $129.58 Million		 -5.49%
2009-12-31 NT$4.35 Billion
≈ $137.11 Million		 +3.31%
2008-12-31 NT$4.21 Billion
≈ $132.73 Million		 -3.41%
2007-12-31 NT$4.36 Billion
≈ $137.42 Million		 -2.48%
2006-12-31 NT$4.47 Billion
≈ $140.91 Million		 +1.59%
2005-12-31 NT$4.40 Billion
≈ $138.71 Million		 +2.13%
2004-12-31 NT$4.31 Billion
≈ $135.81 Million		 +3.09%
2003-12-31 NT$4.18 Billion
≈ $131.75 Million		 +0.84%
2002-12-31 NT$4.15 Billion
≈ $130.64 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Lucky Cement Co'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 1347.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$1.32 Billion 22.93%
Common Stock NT$4.05 Billion 70.32%
Other Components NT$388.46 Million 6.75%
Total Equity NT$5.76 Billion 100.00%

Lucky Cement Co Competitors by Market Cap

The table below lists competitors of Lucky Cement Co ranked by their market capitalization.

Company Market Cap
Midnight Sun Mining Corp
V:MMA
 $185.54 Million
BayWa AG vNa
XETRA:BYW6
 $185.56 Million
Owens & Minor Inc
NYSE:OMI
 $185.63 Million
AGILYX ASA NK -02
F:5NQ
 $185.63 Million
New Power Plasma Co.Ltd
KQ:144960
 $185.38 Million
Savior Lifetec
TWO:4167
 $185.34 Million
Barings Participation Investors (the Trust)
NYSE:MPV
 $185.28 Million
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
 $185.26 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,185,678,000 to 5,755,705,000, a change of 570,027,000 (11.0%).
  • Net income of 880,657,000 contributed positively to equity growth.
  • Dividend payments of 303,554,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 351,639,000.
  • Other factors increased equity by 344,563,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$880.66 Million +15.3%
Dividends Paid NT$303.55 Million -5.27%
Other Comprehensive Income NT$-351.64 Million -6.11%
Other Changes NT$344.56 Million +5.99%
Total Change NT$- 10.99%

Book Value vs Market Value Analysis

This analysis compares Lucky Cement Co'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: 1.02x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.36x to 1.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 NT$10.73 NT$14.55 x
2010-12-31 NT$10.15 NT$14.55 x
2011-12-31 NT$10.16 NT$14.55 x
2012-12-31 NT$10.37 NT$14.55 x
2013-12-31 NT$10.84 NT$14.55 x
2014-12-31 NT$11.29 NT$14.55 x
2015-12-31 NT$11.82 NT$14.55 x
2016-12-31 NT$11.74 NT$14.55 x
2017-12-31 NT$10.88 NT$14.55 x
2018-12-31 NT$10.44 NT$14.55 x
2019-12-31 NT$10.67 NT$14.55 x
2020-12-31 NT$11.47 NT$14.55 x
2021-12-31 NT$11.45 NT$14.55 x
2022-12-31 NT$12.06 NT$14.55 x
2023-12-31 NT$12.48 NT$14.55 x
2024-12-31 NT$12.76 NT$14.55 x
2025-12-31 NT$14.25 NT$14.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lucky Cement Co 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): 15.30%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.79%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.77x
  • Recent ROE (15.30%) is above the historical average (4.56%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 1.69% 1.90% 0.38x 2.35x NT$-344.39 Million
2003 1.98% 2.02% 0.42x 2.32x NT$-335.19 Million
2004 4.11% 3.54% 0.54x 2.16x NT$-254.00 Million
2005 5.07% 3.82% 0.63x 2.10x NT$-216.49 Million
2006 6.07% 4.70% 0.63x 2.06x NT$-175.76 Million
2007 2.92% 2.60% 0.50x 2.27x NT$-308.41 Million
2009 2.42% 2.90% 0.39x 2.15x NT$-329.48 Million
2010 -4.63% -5.46% 0.38x 2.20x NT$-600.67 Million
2011 -3.42% -3.39% 0.46x 2.20x NT$-551.73 Million
2012 4.16% 4.17% 0.48x 2.06x NT$-245.14 Million
2013 4.09% 3.69% 0.57x 1.96x NT$-259.50 Million
2014 8.28% 7.44% 0.61x 1.82x NT$-78.92 Million
2015 9.77% 9.36% 0.64x 1.63x NT$-11.02 Million
2016 6.61% 7.42% 0.55x 1.62x NT$-161.84 Million
2017 -2.30% -2.94% 0.47x 1.64x NT$-541.32 Million
2018 -4.19% -5.31% 0.46x 1.73x NT$-599.66 Million
2019 1.06% 1.23% 0.51x 1.70x NT$-386.18 Million
2020 8.42% 8.66% 0.56x 1.72x NT$-73.42 Million
2021 5.64% 6.96% 0.47x 1.73x NT$-202.35 Million
2022 11.85% 14.01% 0.43x 1.97x NT$90.64 Million
2023 10.40% 10.35% 0.51x 1.97x NT$20.06 Million
2024 9.53% 10.15% 0.47x 2.01x NT$-24.63 Million
2025 15.30% 19.79% 0.44x 1.77x NT$305.09 Million

Industry Comparison

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

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $53,480,367,667
  • Average return on equity (ROE) among peers: 6.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Lucky Cement Co (1108) NT$5.76 Billion 1.69% 0.77x $185.53 Million
Taiwan Cement Corp (1101) $197.38 Billion 10.73% 0.74x $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
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 Lucky Cement Co

TW:1108 Taiwan Building Materials
Market Cap
$185.53 Million
NT$5.89 Billion TWD
Market Cap Rank
#16821 Global
#830 in Taiwan
Share Price
NT$14.55
Change (1 day)
-0.68%
52-Week Range
NT$14.05 - NT$15.55
All Time High
NT$18.75
Categories
Companies in Taiwan Building Materials
About

Lucky Cement Co., together with its subsidiaries, manufactures and sells cement, stone, and other cement-related products in the People's Republic of China. The company offers Portland cement, ready-mixed concrete, hot cement, lower alkali Portland cement, blast furnace slag, limestone, as well as ashes. It also engages in the construction business; and provides shipping agent and maritime transp… Read more