Taita Chemical Co Ltd (1309) - Net Assets
Based on the latest financial reports, Taita Chemical Co Ltd (1309) has net assets worth NT$5.75 Billion TWD (≈ $181.28 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$8.57 Billion ≈ $269.97 Million USD) and total liabilities (NT$2.82 Billion ≈ $88.69 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 Taita Chemical Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.75 Billion |
| % of Total Assets | 67.15% |
| Annual Growth Rate | 1.95% |
| 5-Year Change | -24.9% |
| 10-Year Change | 70.28% |
| Growth Volatility | 15.76 |
Taita Chemical Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Taita Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See Taita Chemical Co Ltd (1309) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Taita Chemical Co Ltd (2002–2025)
The table below shows the annual net assets of Taita Chemical Co Ltd from 2002 to 2025. For live valuation and market cap data, see Taita Chemical Co Ltd (1309) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.75 Billion ≈ $181.28 Million |
-8.64% |
| 2024-12-31 | NT$6.30 Billion ≈ $198.42 Million |
-5.27% |
| 2023-12-31 | NT$6.65 Billion ≈ $209.45 Million |
-7.75% |
| 2022-12-31 | NT$7.21 Billion ≈ $227.04 Million |
-5.95% |
| 2021-12-31 | NT$7.66 Billion ≈ $241.39 Million |
+20.55% |
| 2020-12-31 | NT$6.36 Billion ≈ $200.24 Million |
+47.82% |
| 2019-12-31 | NT$4.30 Billion ≈ $135.47 Million |
+7.71% |
| 2018-12-31 | NT$3.99 Billion ≈ $125.77 Million |
+2.21% |
| 2017-12-31 | NT$3.91 Billion ≈ $123.05 Million |
+15.58% |
| 2016-12-31 | NT$3.38 Billion ≈ $106.46 Million |
+0.12% |
| 2015-12-31 | NT$3.38 Billion ≈ $106.33 Million |
-2.75% |
| 2014-12-31 | NT$3.47 Billion ≈ $109.34 Million |
-15.19% |
| 2013-12-31 | NT$4.09 Billion ≈ $128.93 Million |
+0.64% |
| 2012-12-31 | NT$4.07 Billion ≈ $128.11 Million |
-2.66% |
| 2011-12-31 | NT$4.18 Billion ≈ $131.61 Million |
+6.00% |
| 2010-12-31 | NT$3.94 Billion ≈ $124.17 Million |
+19.62% |
| 2009-12-31 | NT$3.29 Billion ≈ $103.80 Million |
+21.52% |
| 2008-12-31 | NT$2.71 Billion ≈ $85.42 Million |
-38.47% |
| 2007-12-31 | NT$4.41 Billion ≈ $138.81 Million |
+8.09% |
| 2006-12-31 | NT$4.08 Billion ≈ $128.42 Million |
+3.80% |
| 2005-12-31 | NT$3.93 Billion ≈ $123.72 Million |
+4.82% |
| 2004-12-31 | NT$3.75 Billion ≈ $118.04 Million |
+3.87% |
| 2003-12-31 | NT$3.61 Billion ≈ $113.64 Million |
-2.23% |
| 2002-12-31 | NT$3.69 Billion ≈ $116.23 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Taita Chemical 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 93458300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$934.58 Million | 16.24% |
| Common Stock | NT$3.98 Billion | 69.10% |
| Other Components | NT$843.35 Million | 14.66% |
| Total Equity | NT$5.75 Billion | 100.00% |
Taita Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Taita Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Firm Capital Property Trust
TO:FCD-UN
|
$181.64 Million |
|
Pruksa Holding Public Company Limited
F:2PR3
|
$181.69 Million |
|
Eastech Holding Limited
TW:5225
|
$181.71 Million |
|
Eagle Bancorp Montana Inc
NASDAQ:EBMT
|
$181.93 Million |
|
Goldshore Resources Inc
V:GSHR
|
$181.61 Million |
|
Golden Ventures Leasehold Real Estate Investment Trust
BK:GVREIT
|
$181.59 Million |
|
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
|
$181.58 Million |
|
Element 29 Resources Inc
V:ECU
|
$181.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taita Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,297,887,000 to 5,753,799,000, a change of -544,088,000 (-8.6%).
- Net loss of 427,371,000 reduced equity.
- Dividend payments of 79,517,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-427.37 Million | -7.43% |
| Dividends Paid | NT$79.52 Million | -1.38% |
| Other Changes | NT$-37.20 Million | -0.65% |
| Total Change | NT$- | -8.64% |
Book Value vs Market Value Analysis
This analysis compares Taita Chemical 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 1.75x 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$8.28 | NT$14.50 | x |
| 2010-12-31 | NT$9.90 | NT$14.50 | x |
| 2011-12-31 | NT$10.49 | NT$14.50 | x |
| 2012-12-31 | NT$10.23 | NT$14.50 | x |
| 2013-12-31 | NT$10.29 | NT$14.50 | x |
| 2014-12-31 | NT$8.73 | NT$14.50 | x |
| 2015-12-31 | NT$8.49 | NT$14.50 | x |
| 2016-12-31 | NT$8.50 | NT$14.50 | x |
| 2017-12-31 | NT$9.82 | NT$14.50 | x |
| 2018-12-31 | NT$10.03 | NT$14.50 | x |
| 2019-12-31 | NT$10.80 | NT$14.50 | x |
| 2020-12-31 | NT$15.95 | NT$14.50 | x |
| 2021-12-31 | NT$19.23 | NT$14.50 | x |
| 2022-12-31 | NT$18.11 | NT$14.50 | x |
| 2023-12-31 | NT$16.72 | NT$14.50 | x |
| 2024-12-31 | NT$15.91 | NT$14.50 | x |
| 2025-12-31 | NT$14.41 | NT$14.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taita Chemical Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.95%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.49x
- Recent ROE (-7.43%) is below the historical average (4.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.65% | 0.35% | 1.10x | 1.67x | NT$-345.05 Million |
| 2004 | 4.72% | 1.60% | 1.27x | 2.31x | NT$-197.94 Million |
| 2005 | 1.62% | 0.49% | 1.46x | 2.26x | NT$-329.17 Million |
| 2006 | 2.64% | 0.78% | 1.33x | 2.54x | NT$-299.94 Million |
| 2007 | 4.81% | 1.15% | 1.85x | 2.27x | NT$-228.59 Million |
| 2009 | 16.28% | 3.80% | 1.56x | 2.75x | NT$207.05 Million |
| 2010 | 13.35% | 2.85% | 2.02x | 2.32x | NT$132.13 Million |
| 2011 | 6.49% | 1.47% | 1.84x | 2.40x | NT$-146.70 Million |
| 2012 | -1.57% | -0.34% | 1.91x | 2.39x | NT$-470.36 Million |
| 2013 | 0.42% | 0.08% | 1.73x | 3.03x | NT$-391.84 Million |
| 2014 | -18.19% | -3.02% | 1.90x | 3.17x | NT$-978.24 Million |
| 2015 | 2.00% | 0.40% | 1.85x | 2.73x | NT$-269.98 Million |
| 2016 | 3.58% | 0.74% | 1.94x | 2.51x | NT$-217.03 Million |
| 2017 | 12.86% | 2.53% | 2.25x | 2.26x | NT$111.52 Million |
| 2018 | 5.21% | 0.96% | 2.48x | 2.19x | NT$-191.22 Million |
| 2019 | 9.26% | 2.25% | 2.21x | 1.86x | NT$-32.00 Million |
| 2020 | 30.21% | 12.39% | 1.68x | 1.45x | NT$1.28 Billion |
| 2021 | 24.14% | 8.91% | 1.93x | 1.40x | NT$1.08 Billion |
| 2022 | 5.72% | 2.28% | 1.96x | 1.28x | NT$-308.54 Million |
| 2023 | -4.11% | -1.80% | 1.71x | 1.34x | NT$-938.34 Million |
| 2024 | -3.54% | -1.20% | 1.89x | 1.56x | NT$-852.80 Million |
| 2025 | -7.43% | -2.95% | 1.69x | 1.49x | NT$-1.00 Billion |
Industry Comparison
This section compares Taita Chemical Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $97,326,414,333
- Average return on equity (ROE) among peers: 3.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taita Chemical Co Ltd (1309) | NT$5.75 Billion | 0.65% | 0.49x | $181.63 Million |
| Formosa Plastics Corp (1301) | $347.36 Billion | 2.11% | 0.53x | $9.62 Billion |
| Nan Ya Plastics Corp (1303) | $394.10 Billion | 8.15% | 0.69x | $31.61 Billion |
| USI Corp (1304) | $39.18 Billion | 3.27% | 0.82x | $437.49 Million |
| China General Plastics Corp (1305) | $8.71 Billion | 7.38% | 0.42x | $234.32 Million |
| Asia Polymer Corp (1308) | $9.45 Billion | 6.54% | 0.10x | $256.27 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 6.39% | 0.34x | $908.64 Million |
| Ocean Plastics Co Ltd (1321) | $5.11 Billion | -2.49% | 0.71x | $220.75 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $41.77 Million |
| Everlight Chemical Industrial Corp (1711) | $4.84 Billion | 2.28% | 0.45x | $767.08 Million |
About Taita Chemical Co Ltd
Taita Chemical Company, Limited engages in the production and sale of styrenics in Asia, America, Africa, Europe, and internationally. The company offers acrylonitrile-butadiene-styrene resin, general purpose polystyrene, high impact polystyrene, acrylonitrile styrene copolymer, and expandable polystyrene, as well as glass wool material, plastic raw materials, and processed products. The company … Read more