Taisun Enterprise Co Ltd (1218) - Net Assets
Based on the latest financial reports, Taisun Enterprise Co Ltd (1218) has net assets worth NT$12.57 Billion TWD (≈ $395.97 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$15.00 Billion ≈ $472.71 Million USD) and total liabilities (NT$2.44 Billion ≈ $76.74 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 Taisun Enterprise Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.57 Billion |
| % of Total Assets | 83.77% |
| Annual Growth Rate | 6.62% |
| 5-Year Change | 82.26% |
| 10-Year Change | 275.94% |
| Growth Volatility | 21.25 |
Taisun Enterprise Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Taisun Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Taisun Enterprise Co Ltd (1218) total assets for the complete picture of this company's asset base.
Annual Net Assets for Taisun Enterprise Co Ltd (2002–2024)
The table below shows the annual net assets of Taisun Enterprise Co Ltd from 2002 to 2024. For live valuation and market cap data, see Taisun Enterprise Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.82 Billion ≈ $403.77 Million |
+6.06% |
| 2023-12-31 | NT$12.08 Billion ≈ $380.71 Million |
-3.85% |
| 2022-12-31 | NT$12.57 Billion ≈ $395.96 Million |
+79.77% |
| 2021-12-31 | NT$6.99 Billion ≈ $220.26 Million |
-0.58% |
| 2020-12-31 | NT$7.03 Billion ≈ $221.53 Million |
+6.46% |
| 2019-12-31 | NT$6.61 Billion ≈ $208.10 Million |
+3.16% |
| 2018-12-31 | NT$6.40 Billion ≈ $201.72 Million |
+67.52% |
| 2017-12-31 | NT$3.82 Billion ≈ $120.41 Million |
+9.95% |
| 2016-12-31 | NT$3.48 Billion ≈ $109.52 Million |
+1.97% |
| 2015-12-31 | NT$3.41 Billion ≈ $107.40 Million |
+1.02% |
| 2014-12-31 | NT$3.37 Billion ≈ $106.32 Million |
+2.06% |
| 2013-12-31 | NT$3.31 Billion ≈ $104.18 Million |
-6.58% |
| 2012-12-31 | NT$3.54 Billion ≈ $111.52 Million |
-8.35% |
| 2011-12-31 | NT$3.86 Billion ≈ $121.68 Million |
-0.28% |
| 2010-12-31 | NT$3.87 Billion ≈ $122.02 Million |
+5.63% |
| 2009-12-31 | NT$3.67 Billion ≈ $115.52 Million |
+4.55% |
| 2008-12-31 | NT$3.51 Billion ≈ $110.49 Million |
-2.43% |
| 2007-12-31 | NT$3.59 Billion ≈ $113.24 Million |
+5.85% |
| 2006-12-31 | NT$3.40 Billion ≈ $106.98 Million |
-0.40% |
| 2005-12-31 | NT$3.41 Billion ≈ $107.42 Million |
+5.14% |
| 2004-12-31 | NT$3.24 Billion ≈ $102.16 Million |
-2.81% |
| 2003-12-31 | NT$3.34 Billion ≈ $105.12 Million |
+6.56% |
| 2002-12-31 | NT$3.13 Billion ≈ $98.64 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Taisun Enterprise Co Ltd'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 600207300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.00 Billion | 46.85% |
| Other Components | NT$6.81 Billion | 53.15% |
| Total Equity | NT$12.81 Billion | 100.00% |
Taisun Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Taisun Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Provincial Architectural Design and Research Institute Co.Ltd.
SHE:301167
|
$290.42 Million |
|
EPACK Durable Limited
NSE:EPACK
|
$290.68 Million |
|
Odfjell Technology Ltd
OL:OTL
|
$290.69 Million |
|
Ho Tung Chemical Corp
TW:1714
|
$290.73 Million |
|
Alpine Income Property Trust, Inc.
NYSE:PINE
|
$290.35 Million |
|
Hudaco
JSE:HDC
|
$290.35 Million |
|
Daelim Paper Co.Ltd
KQ:017650
|
$290.32 Million |
|
Hexagon Composites ASA
OL:HEX
|
$290.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taisun Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,078,659,000 to 12,810,524,000, a change of 731,865,000 (6.1%).
- Net income of 742,411,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,038,204,000.
- Other factors increased equity by 1,027,658,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$742.41 Million | +5.8% |
| Other Comprehensive Income | NT$-1.04 Billion | -8.1% |
| Other Changes | NT$1.03 Billion | +8.02% |
| Total Change | NT$- | 6.06% |
Book Value vs Market Value Analysis
This analysis compares Taisun Enterprise Co Ltd'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 1.82x 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 |
|---|---|---|---|
| 2009-12-31 | NT$10.43 | NT$18.95 | x |
| 2010-12-31 | NT$11.35 | NT$18.95 | x |
| 2011-12-31 | NT$11.32 | NT$18.95 | x |
| 2012-12-31 | NT$10.16 | NT$18.95 | x |
| 2013-12-31 | NT$9.48 | NT$18.95 | x |
| 2014-12-31 | NT$8.82 | NT$18.95 | x |
| 2015-12-31 | NT$9.36 | NT$18.95 | x |
| 2016-12-31 | NT$10.17 | NT$18.95 | x |
| 2017-12-31 | NT$11.21 | NT$18.95 | x |
| 2018-12-31 | NT$13.52 | NT$18.95 | x |
| 2019-12-31 | NT$13.51 | NT$18.95 | x |
| 2020-12-31 | NT$14.38 | NT$18.95 | x |
| 2021-12-31 | NT$14.31 | NT$18.95 | x |
| 2022-12-31 | NT$25.39 | NT$18.95 | x |
| 2023-12-31 | NT$24.83 | NT$18.95 | x |
| 2024-12-31 | NT$26.34 | NT$18.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taisun Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.95%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.14x
- Recent ROE (5.80%) is below the historical average (6.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 2.08% | 0.70% | 1.19x | 2.49x | NT$-264.25 Million |
| 2004 | 0.98% | 0.30% | 1.19x | 2.75x | NT$-292.33 Million |
| 2007 | 1.44% | 0.47% | 1.23x | 2.46x | NT$-298.51 Million |
| 2009 | 6.47% | 2.77% | 1.11x | 2.10x | NT$-128.33 Million |
| 2010 | 6.22% | 2.54% | 1.07x | 2.29x | NT$-145.27 Million |
| 2011 | 5.23% | 1.99% | 1.20x | 2.18x | NT$-182.56 Million |
| 2012 | -5.94% | -1.99% | 1.23x | 2.43x | NT$-563.32 Million |
| 2013 | -3.62% | -1.31% | 1.17x | 2.36x | NT$-449.60 Million |
| 2014 | 2.01% | 0.75% | 1.16x | 2.31x | NT$-269.28 Million |
| 2015 | 3.64% | 1.54% | 1.03x | 2.28x | NT$-216.66 Million |
| 2016 | 3.50% | 1.50% | 1.03x | 2.27x | NT$-225.71 Million |
| 2017 | 8.30% | 4.13% | 1.03x | 1.96x | NT$-64.70 Million |
| 2018 | 7.26% | 5.88% | 0.90x | 1.38x | NT$-175.30 Million |
| 2019 | 8.82% | 7.28% | 0.87x | 1.40x | NT$-77.92 Million |
| 2020 | 12.11% | 10.19% | 0.90x | 1.32x | NT$148.43 Million |
| 2021 | 8.47% | 5.95% | 0.93x | 1.52x | NT$-106.77 Million |
| 2022 | 47.11% | 53.47% | 0.66x | 1.33x | NT$4.66 Billion |
| 2023 | -0.67% | -0.72% | 0.82x | 1.13x | NT$-1.29 Billion |
| 2024 | 5.80% | 6.95% | 0.73x | 1.14x | NT$-538.64 Million |
Industry Comparison
This section compares Taisun Enterprise Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $28,271,665,222
- Average return on equity (ROE) among peers: 6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taisun Enterprise Co Ltd (1218) | NT$12.57 Billion | 2.08% | 0.19x | $290.35 Million |
| Wei Chuan Foods Corp (1201) | $6.86 Billion | 7.81% | 1.63x | $199.30 Million |
| Ve Wong Corp (1203) | $3.33 Billion | 6.22% | 0.95x | $326.52 Million |
| Great Wall Enterprise Co Ltd (1210) | $14.78 Billion | 7.31% | 0.91x | $1.41 Billion |
| Charoen Pokphand Enterprise Taiwan Co Ltd (1215) | $5.18 Billion | 13.27% | 0.86x | $1.29 Billion |
| Uni-President Enterprises Corp (1216) | $210.68 Billion | 9.32% | 2.50x | $12.41 Billion |
| AGV Products Corp (1217) | $5.87 Billion | 0.87% | 1.13x | $154.24 Million |
| Fwusow Industry Co Ltd (1219) | $3.64 Billion | 6.82% | 0.62x | $145.14 Million |
| Tai Roun Products Co Ltd (1220) | $2.39 Billion | 3.24% | 0.27x | $69.47 Million |
| Formosa Oilseed Processing Co Ltd (1225) | $1.71 Billion | 0.00% | 0.96x | $244.25 Million |
About Taisun Enterprise Co Ltd
Taisun Enterprise Co., Ltd. engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, fodder, and soybean flour products in Taiwan. The company operates through Consumption, Commodity, Foreign, and Other segments. It offers grass jelly and water products, honey herbal jelly, mesona tea, canned snacks, mixed congee, peanuts soup, green beans soup with coconut… Read more