Standard Foods Corp (1227) - Net Assets
Based on the latest financial reports, Standard Foods Corp (1227) has net assets worth NT$18.15 Billion TWD (≈ $571.80 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$27.41 Billion ≈ $863.67 Million USD) and total liabilities (NT$9.26 Billion ≈ $291.86 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 Standard Foods Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$18.15 Billion |
| % of Total Assets | 66.21% |
| Annual Growth Rate | 7.31% |
| 5-Year Change | 3.95% |
| 10-Year Change | 38.68% |
| Growth Volatility | 6.83 |
Standard Foods Corp - Net Assets Trend (2002–2024)
This chart illustrates how Standard Foods Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Standard Foods Corp for the complete picture of this company's asset base.
Annual Net Assets for Standard Foods Corp (2002–2024)
The table below shows the annual net assets of Standard Foods Corp from 2002 to 2024. For live valuation and market cap data, see market value of Standard Foods Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$18.73 Billion ≈ $589.99 Million |
+6.03% |
| 2023-12-31 | NT$17.66 Billion ≈ $556.42 Million |
-1.08% |
| 2022-12-31 | NT$17.85 Billion ≈ $562.49 Million |
-3.37% |
| 2021-12-31 | NT$18.48 Billion ≈ $582.13 Million |
+2.56% |
| 2020-12-31 | NT$18.02 Billion ≈ $567.59 Million |
+6.28% |
| 2019-12-31 | NT$16.95 Billion ≈ $534.04 Million |
+5.68% |
| 2018-12-31 | NT$16.04 Billion ≈ $505.36 Million |
+6.77% |
| 2017-12-31 | NT$15.02 Billion ≈ $473.33 Million |
+4.20% |
| 2016-12-31 | NT$14.42 Billion ≈ $454.24 Million |
+6.77% |
| 2015-12-31 | NT$13.50 Billion ≈ $425.43 Million |
+11.57% |
| 2014-12-31 | NT$12.10 Billion ≈ $381.32 Million |
+11.61% |
| 2013-12-31 | NT$10.84 Billion ≈ $341.65 Million |
+7.82% |
| 2012-12-31 | NT$10.06 Billion ≈ $316.89 Million |
+11.41% |
| 2011-12-31 | NT$9.03 Billion ≈ $284.43 Million |
+23.31% |
| 2010-12-31 | NT$7.32 Billion ≈ $230.66 Million |
+23.66% |
| 2009-12-31 | NT$5.92 Billion ≈ $186.52 Million |
+17.73% |
| 2008-12-31 | NT$5.03 Billion ≈ $158.44 Million |
+8.89% |
| 2007-12-31 | NT$4.62 Billion ≈ $145.50 Million |
-0.70% |
| 2006-12-31 | NT$4.65 Billion ≈ $146.53 Million |
+5.92% |
| 2005-12-31 | NT$4.39 Billion ≈ $138.33 Million |
+2.14% |
| 2004-12-31 | NT$4.30 Billion ≈ $135.43 Million |
+2.85% |
| 2003-12-31 | NT$4.18 Billion ≈ $131.68 Million |
+5.47% |
| 2002-12-31 | NT$3.96 Billion ≈ $124.85 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Standard Foods 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 2030.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.43 Billion | 24.08% |
| Common Stock | NT$9.15 Billion | 49.70% |
| Other Comprehensive Income | NT$4.68 Billion | 25.40% |
| Other Components | NT$152.74 Million | 0.83% |
| Total Equity | NT$18.41 Billion | 100.00% |
Standard Foods Corp Competitors by Market Cap
The table below lists competitors of Standard Foods Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Theravance Biopharma Inc
F:0TB
|
$828.57 Million |
|
BlackRock Technology and Private Equity Term Trust
NYSE:BTX
|
$828.64 Million |
|
Diagnósticos da América S.A
SA:DASA3
|
$828.87 Million |
|
Metals Acquisition Limited
NYSE:MTAL
|
$829.10 Million |
|
Heritage Commerce Corp
NASDAQ:HTBK
|
$828.43 Million |
|
Vamos Locação de Caminhões Máquinas e Equipamentos S.A
SA:VAMO3
|
$828.37 Million |
|
Shandong Weida Machinery Co Ltd
SHE:002026
|
$828.36 Million |
|
Vanjee Technology Co Ltd
SHE:300552
|
$828.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Standard Foods Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,378,957,000 to 18,412,497,000, a change of 1,033,540,000 (5.9%).
- Net income of 1,733,964,000 contributed positively to equity growth.
- Dividend payments of 1,135,525,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,068,615,000.
- Other factors decreased equity by 4,633,514,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.73 Billion | +9.42% |
| Dividends Paid | NT$1.14 Billion | -6.17% |
| Other Comprehensive Income | NT$5.07 Billion | +27.53% |
| Other Changes | NT$-4.63 Billion | -25.17% |
| Total Change | NT$- | 5.95% |
Book Value vs Market Value Analysis
This analysis compares Standard Foods 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: 1.43x
- 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 5.75x to 1.43x 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$5.03 | NT$28.95 | x |
| 2007-12-31 | NT$4.99 | NT$28.95 | x |
| 2008-12-31 | NT$5.43 | NT$28.95 | x |
| 2009-12-31 | NT$6.38 | NT$28.95 | x |
| 2010-12-31 | NT$7.88 | NT$28.95 | x |
| 2011-12-31 | NT$9.76 | NT$28.95 | x |
| 2012-12-31 | NT$10.91 | NT$28.95 | x |
| 2013-12-31 | NT$11.78 | NT$28.95 | x |
| 2014-12-31 | NT$13.15 | NT$28.95 | x |
| 2015-12-31 | NT$14.64 | NT$28.95 | x |
| 2016-12-31 | NT$15.64 | NT$28.95 | x |
| 2017-12-31 | NT$16.27 | NT$28.95 | x |
| 2018-12-31 | NT$17.39 | NT$28.95 | x |
| 2019-12-31 | NT$18.35 | NT$28.95 | x |
| 2020-12-31 | NT$19.44 | NT$28.95 | x |
| 2021-12-31 | NT$19.83 | NT$28.95 | x |
| 2022-12-31 | NT$19.26 | NT$28.95 | x |
| 2023-12-31 | NT$19.12 | NT$28.95 | x |
| 2024-12-31 | NT$20.25 | NT$28.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Standard Foods Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.49x
- Recent ROE (9.42%) is below the historical average (15.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.54% | 2.72% | 0.97x | 1.71x | NT$-216.40 Million |
| 2003 | 9.65% | 5.52% | 1.09x | 1.60x | NT$-14.63 Million |
| 2004 | 11.55% | 5.91% | 1.22x | 1.60x | NT$66.50 Million |
| 2006 | 5.42% | 2.70% | 1.19x | 1.68x | NT$-209.50 Million |
| 2007 | 8.41% | 3.48% | 1.26x | 1.92x | NT$-72.08 Million |
| 2008 | 14.29% | 5.19% | 1.46x | 1.88x | NT$211.98 Million |
| 2009 | 22.22% | 8.25% | 1.62x | 1.66x | NT$709.46 Million |
| 2010 | 29.71% | 11.84% | 1.71x | 1.47x | NT$1.41 Billion |
| 2011 | 27.69% | 12.40% | 1.59x | 1.40x | NT$1.57 Billion |
| 2012 | 22.56% | 11.16% | 1.46x | 1.39x | NT$1.25 Billion |
| 2013 | 17.37% | 9.12% | 1.28x | 1.49x | NT$789.00 Million |
| 2014 | 17.36% | 9.52% | 1.20x | 1.52x | NT$880.30 Million |
| 2015 | 20.52% | 10.70% | 1.24x | 1.54x | NT$1.40 Billion |
| 2016 | 18.33% | 9.63% | 1.24x | 1.53x | NT$1.18 Billion |
| 2017 | 14.70% | 8.21% | 1.17x | 1.54x | NT$694.47 Million |
| 2018 | 18.66% | 10.79% | 1.14x | 1.52x | NT$1.37 Billion |
| 2019 | 20.48% | 10.93% | 1.23x | 1.53x | NT$1.75 Billion |
| 2020 | 18.17% | 9.32% | 1.24x | 1.57x | NT$1.44 Billion |
| 2021 | 13.62% | 7.16% | 1.21x | 1.57x | NT$652.91 Million |
| 2022 | 6.93% | 4.20% | 1.04x | 1.59x | NT$-537.04 Million |
| 2023 | 7.05% | 4.41% | 1.08x | 1.48x | NT$-512.12 Million |
| 2024 | 9.42% | 5.98% | 1.06x | 1.49x | NT$-107.29 Million |
Industry Comparison
This section compares Standard Foods Corp's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $25,811,164,000
- Average return on equity (ROE) among peers: 6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Standard Foods Corp (1227) | NT$18.15 Billion | 4.54% | 0.51x | $828.56 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 |
| 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 Standard Foods Corp
Standard Foods Corporation manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally. It offers baby cereal, oatmeal, fruit cereal, ready-to-eat cereal, sesame paste, milk powder, and other cereal products. The company also manufactures and sells computer peripherals and appliances, and cosmetics; and manages properties, as well as engages in… Read more