Fwusow Industry Co Ltd (1219) - Net Assets
Based on the latest financial reports, Fwusow Industry Co Ltd (1219) has net assets worth NT$4.56 Billion TWD (≈ $143.56 Million 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$9.59 Billion ≈ $301.99 Million USD) and total liabilities (NT$5.03 Billion ≈ $158.42 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 Fwusow Industry Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.56 Billion |
| % of Total Assets | 47.54% |
| Annual Growth Rate | 1.79% |
| 5-Year Change | 3.9% |
| 10-Year Change | 17.65% |
| Growth Volatility | 4.0 |
Fwusow Industry Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Fwusow Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fwusow Industry Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Fwusow Industry Co Ltd (2003–2024)
The table below shows the annual net assets of Fwusow Industry Co Ltd from 2003 to 2024. For live valuation and market cap data, see Fwusow Industry Co Ltd (1219) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.62 Billion ≈ $145.45 Million |
+0.34% |
| 2023-12-31 | NT$4.60 Billion ≈ $144.96 Million |
+3.77% |
| 2022-12-31 | NT$4.43 Billion ≈ $139.69 Million |
-0.90% |
| 2021-12-31 | NT$4.47 Billion ≈ $140.96 Million |
+0.69% |
| 2020-12-31 | NT$4.44 Billion ≈ $139.99 Million |
+12.23% |
| 2019-12-31 | NT$3.96 Billion ≈ $124.74 Million |
+3.74% |
| 2018-12-31 | NT$3.82 Billion ≈ $120.24 Million |
-3.32% |
| 2017-12-31 | NT$3.95 Billion ≈ $124.37 Million |
+1.83% |
| 2016-12-31 | NT$3.88 Billion ≈ $122.14 Million |
-1.20% |
| 2015-12-31 | NT$3.92 Billion ≈ $123.63 Million |
-0.51% |
| 2014-12-31 | NT$3.94 Billion ≈ $124.26 Million |
+5.57% |
| 2013-12-31 | NT$3.74 Billion ≈ $117.70 Million |
-1.40% |
| 2012-12-31 | NT$3.79 Billion ≈ $119.37 Million |
-5.46% |
| 2011-12-31 | NT$4.01 Billion ≈ $126.28 Million |
+6.94% |
| 2010-12-31 | NT$3.75 Billion ≈ $118.08 Million |
+2.84% |
| 2009-12-31 | NT$3.64 Billion ≈ $114.82 Million |
+7.30% |
| 2008-12-31 | NT$3.40 Billion ≈ $107.01 Million |
-3.45% |
| 2007-12-31 | NT$3.52 Billion ≈ $110.83 Million |
+2.84% |
| 2006-12-31 | NT$3.42 Billion ≈ $107.77 Million |
+1.39% |
| 2005-12-31 | NT$3.37 Billion ≈ $106.30 Million |
+2.10% |
| 2004-12-31 | NT$3.30 Billion ≈ $104.11 Million |
+3.97% |
| 2003-12-31 | NT$3.18 Billion ≈ $100.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fwusow Industry 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 536.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$477.02 Million | 10.47% |
| Common Stock | NT$3.42 Billion | 74.98% |
| Other Comprehensive Income | NT$-3.38 Million | -0.07% |
| Other Components | NT$666.02 Million | 14.62% |
| Total Equity | NT$4.56 Billion | 100.00% |
Fwusow Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Fwusow Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRECIA SA EO -50
F:P1E0
|
$145.26 Million |
|
Wam Strategic Value Ltd
AU:WAR
|
$145.29 Million |
|
Mersana Therapeutics Inc
NASDAQ:MRSN
|
$145.36 Million |
|
Komplett AS
OL:KOMPL
|
$145.39 Million |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$145.12 Million |
|
PT Mandiri Herindo Adiperkasa Tbk
JK:MAHA
|
$145.06 Million |
|
NevGold Corp
V:NAU
|
$144.97 Million |
|
Heran Co Ltd
TW:5283
|
$144.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fwusow Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,534,794,000 to 4,555,687,000, a change of 20,893,000 (0.5%).
- Net income of 181,339,000 contributed positively to equity growth.
- Dividend payments of 165,650,000 reduced retained earnings.
- Other comprehensive income decreased equity by 631,753,999.
- Other factors increased equity by 636,957,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$181.34 Million | +3.98% |
| Dividends Paid | NT$165.65 Million | -3.64% |
| Other Comprehensive Income | NT$-631.75 Million | -13.87% |
| Other Changes | NT$636.96 Million | +13.98% |
| Total Change | NT$- | 0.46% |
Book Value vs Market Value Analysis
This analysis compares Fwusow Industry 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: 1.01x
- 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 1.23x to 1.01x 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$10.94 | NT$13.50 | x |
| 2010-12-31 | NT$11.26 | NT$13.50 | x |
| 2011-12-31 | NT$12.04 | NT$13.50 | x |
| 2012-12-31 | NT$11.42 | NT$13.50 | x |
| 2013-12-31 | NT$11.27 | NT$13.50 | x |
| 2014-12-31 | NT$11.43 | NT$13.50 | x |
| 2015-12-31 | NT$11.48 | NT$13.50 | x |
| 2016-12-31 | NT$11.62 | NT$13.50 | x |
| 2017-12-31 | NT$11.77 | NT$13.50 | x |
| 2018-12-31 | NT$11.41 | NT$13.50 | x |
| 2019-12-31 | NT$11.85 | NT$13.50 | x |
| 2020-12-31 | NT$13.32 | NT$13.50 | x |
| 2021-12-31 | NT$13.32 | NT$13.50 | x |
| 2022-12-31 | NT$13.24 | NT$13.50 | x |
| 2023-12-31 | NT$13.35 | NT$13.50 | x |
| 2024-12-31 | NT$13.35 | NT$13.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fwusow Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.27%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 2.20x
- Recent ROE (3.98%) is below the historical average (4.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.98% | 0.60% | 0.98x | 1.66x | NT$-286.60 Million |
| 2006 | 2.81% | 1.64% | 1.10x | 1.55x | NT$-243.54 Million |
| 2007 | 4.85% | 2.15% | 1.37x | 1.64x | NT$-179.95 Million |
| 2009 | 6.85% | 2.60% | 1.62x | 1.63x | NT$-114.26 Million |
| 2010 | 6.08% | 2.44% | 1.60x | 1.56x | NT$-146.36 Million |
| 2011 | 13.81% | 5.28% | 1.59x | 1.64x | NT$152.17 Million |
| 2012 | -1.52% | -0.56% | 1.71x | 1.59x | NT$-436.61 Million |
| 2013 | 0.75% | 0.27% | 1.92x | 1.46x | NT$-345.53 Million |
| 2014 | 3.55% | 1.28% | 1.67x | 1.66x | NT$-244.66 Million |
| 2015 | 2.56% | 1.00% | 1.26x | 2.02x | NT$-283.03 Million |
| 2016 | 4.05% | 1.42% | 1.37x | 2.08x | NT$-229.47 Million |
| 2017 | 3.60% | 1.30% | 1.28x | 2.17x | NT$-249.65 Million |
| 2018 | -0.30% | -0.10% | 1.38x | 2.25x | NT$-389.76 Million |
| 2019 | 5.17% | 1.66% | 1.37x | 2.27x | NT$-190.01 Million |
| 2020 | 13.94% | 4.99% | 1.44x | 1.94x | NT$173.97 Million |
| 2021 | 7.32% | 2.18% | 1.62x | 2.07x | NT$-118.40 Million |
| 2022 | 7.34% | 1.89% | 1.65x | 2.34x | NT$-116.59 Million |
| 2023 | 6.89% | 1.92% | 1.60x | 2.25x | NT$-140.91 Million |
| 2024 | 3.98% | 1.27% | 1.43x | 2.20x | NT$-274.23 Million |
Industry Comparison
This section compares Fwusow Industry Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $28,274,136,444
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fwusow Industry Co Ltd (1219) | NT$4.56 Billion | 0.98% | 1.10x | $145.14 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 |
| Taisun Enterprise Co Ltd (1218) | $3.67 Billion | 6.42% | 1.09x | $290.35 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 Fwusow Industry Co Ltd
Fwusow Industry Co., Ltd. engages in the manufacture and sale of animal feeds, cooking oil, agricultural livestock products, and related consumer food in Taiwan. It offers edible oils, cereals, and pet foods. The company also provides organic fertilizers; milled foods; baked processed foods such as rice, beans, and wheat; canned and frozen food; beverages; condiments in bonito and chicken flavors… Read more