Taiwan Styrene Monomer Corp (1310) - Net Assets

Latest as of June 2025: NT$7.03 Billion TWD ≈ $221.48 Million USD

Based on the latest financial reports, Taiwan Styrene Monomer Corp (1310) has net assets worth NT$7.03 Billion TWD (≈ $221.48 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$9.40 Billion ≈ $296.08 Million USD) and total liabilities (NT$2.37 Billion ≈ $74.60 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 Taiwan Styrene Monomer Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$7.03 Billion
% of Total Assets 74.8%
Annual Growth Rate 0.65%
5-Year Change 0.73%
10-Year Change 14.16%
Growth Volatility 13.79

Taiwan Styrene Monomer Corp - Net Assets Trend (2000–2024)

This chart illustrates how Taiwan Styrene Monomer Corp's net assets have evolved over time, based on quarterly financial data. Also explore 1310 total assets for the complete picture of this company's asset base.

Annual Net Assets for Taiwan Styrene Monomer Corp (2000–2024)

The table below shows the annual net assets of Taiwan Styrene Monomer Corp from 2000 to 2024. For live valuation and market cap data, see Taiwan Styrene Monomer Corp market cap and net worth.

Year Net Assets Change
2024-12-31 NT$7.52 Billion
≈ $236.86 Million		 +4.66%
2023-12-31 NT$7.18 Billion
≈ $226.31 Million		 +6.86%
2022-12-31 NT$6.72 Billion
≈ $211.79 Million		 -8.80%
2021-12-31 NT$7.37 Billion
≈ $232.23 Million		 -1.24%
2020-12-31 NT$7.46 Billion
≈ $235.15 Million		 +3.24%
2019-12-31 NT$7.23 Billion
≈ $227.76 Million		 -6.33%
2018-12-31 NT$7.72 Billion
≈ $243.14 Million		 +1.92%
2017-12-31 NT$7.57 Billion
≈ $238.57 Million		 +0.29%
2016-12-31 NT$7.55 Billion
≈ $237.87 Million		 +14.65%
2015-12-31 NT$6.59 Billion
≈ $207.47 Million		 +16.37%
2014-12-31 NT$5.66 Billion
≈ $178.28 Million		 -15.07%
2013-12-31 NT$6.66 Billion
≈ $209.93 Million		 +31.98%
2012-12-31 NT$5.05 Billion
≈ $159.06 Million		 -11.56%
2011-12-31 NT$5.71 Billion
≈ $179.85 Million		 -11.55%
2010-12-31 NT$6.45 Billion
≈ $203.33 Million		 +4.30%
2009-12-31 NT$6.19 Billion
≈ $194.95 Million		 +7.94%
2008-12-31 NT$5.73 Billion
≈ $180.61 Million		 -31.67%
2007-12-31 NT$8.39 Billion
≈ $264.30 Million		 +24.64%
2006-12-31 NT$6.73 Billion
≈ $212.05 Million		 +7.91%
2005-12-31 NT$6.24 Billion
≈ $196.51 Million		 -3.32%
2004-12-31 NT$6.45 Billion
≈ $203.27 Million		 +6.86%
2003-12-31 NT$6.04 Billion
≈ $190.21 Million		 +6.63%
2002-12-31 NT$5.66 Billion
≈ $178.38 Million		 +11.38%
2001-12-31 NT$5.08 Billion
≈ $160.16 Million		 -21.04%
2000-12-31 NT$6.44 Billion
≈ $202.84 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Taiwan Styrene Monomer 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 decreased by 95.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$44.87 Million 0.61%
Other Components NT$7.35 Billion 99.39%
Total Equity NT$7.39 Billion 100.00%

Taiwan Styrene Monomer Corp Competitors by Market Cap

The table below lists competitors of Taiwan Styrene Monomer Corp ranked by their market capitalization.

Company Market Cap
Thai Union Group Public Company Limited
F:THYG
 $2.93K
Ordinary Fully Paid Deferred Settlement
AU:IXRDB
 $2.95K
Weiss Korea Opportunity Fund
LSE:WKOF
 $2.97K
Infotrust Ltd
AU:ITS
 $3.13K
Polyplex (Thailand) Public Company Limited
F:PKW
 $2.78K
BurgerFi International, Inc.
NASDAQ:BFICQ
 $2.74K
TTW PCL
STU:F1P
 $2.62K
Ordinary Fully Paid Deferred Settlement
AU:IMUDA
 $2.61K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taiwan Styrene Monomer Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,927,485,000 to 7,391,801,000, a change of 464,316,000 (6.7%).
  • Net loss of 380,846,000 reduced equity.
  • Dividend payments of 33,363,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,647,371,999.
  • Other factors increased equity by 2,525,896,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$-380.85 Million -5.15%
Dividends Paid NT$33.36 Million -0.45%
Other Comprehensive Income NT$-1.65 Billion -22.29%
Other Changes NT$2.53 Billion +34.17%
Total Change NT$- 6.70%

Book Value vs Market Value Analysis

This analysis compares Taiwan Styrene Monomer 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: 0.68x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 NT$13.40 NT$9.50 x
2007-12-31 NT$17.33 NT$9.50 x
2008-12-31 NT$11.23 NT$9.50 x
2009-12-31 NT$12.42 NT$9.50 x
2010-12-31 NT$10.73 NT$9.50 x
2011-12-31 NT$9.16 NT$9.50 x
2012-12-31 NT$8.03 NT$9.50 x
2013-12-31 NT$11.24 NT$9.50 x
2014-12-31 NT$10.15 NT$9.50 x
2015-12-31 NT$11.73 NT$9.50 x
2016-12-31 NT$13.57 NT$9.50 x
2017-12-31 NT$13.77 NT$9.50 x
2018-12-31 NT$14.09 NT$9.50 x
2019-12-31 NT$13.26 NT$9.50 x
2020-12-31 NT$13.75 NT$9.50 x
2021-12-31 NT$13.57 NT$9.50 x
2022-12-31 NT$12.26 NT$9.50 x
2023-12-31 NT$13.12 NT$9.50 x
2024-12-31 NT$14.00 NT$9.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taiwan Styrene Monomer 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): -5.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.33%
  • • Asset Turnover: 1.14x
  • • Equity Multiplier: 1.36x
  • Recent ROE (-5.15%) is below the historical average (3.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 11.23% 6.41% 1.06x 1.65x NT$76.76 Million
2002 3.35% 1.34% 1.09x 2.29x NT$-376.65 Million
2003 5.53% 2.19% 1.15x 2.20x NT$-269.67 Million
2004 8.88% 2.95% 1.49x 2.02x NT$-72.16 Million
2006 7.09% 2.44% 1.44x 2.03x NT$-187.08 Million
2007 4.80% 1.71% 1.61x 1.74x NT$-418.76 Million
2008 -18.16% -4.89% 1.74x 2.14x NT$-1.50 Billion
2009 10.57% 3.50% 1.49x 2.02x NT$32.66 Million
2010 0.47% 0.13% 1.56x 2.23x NT$-537.44 Million
2011 -16.70% -4.33% 1.59x 2.43x NT$-1.29 Billion
2012 -10.40% -2.36% 1.76x 2.50x NT$-863.95 Million
2013 18.29% 4.99% 1.92x 1.90x NT$492.38 Million
2014 -0.72% -0.23% 1.81x 1.75x NT$-574.57 Million
2015 11.20% 5.29% 1.10x 1.92x NT$74.26 Million
2016 19.65% 10.03% 1.19x 1.64x NT$693.11 Million
2017 14.49% 7.16% 1.35x 1.50x NT$326.96 Million
2018 16.30% 7.91% 1.46x 1.41x NT$470.07 Million
2019 12.56% 7.22% 1.31x 1.33x NT$179.86 Million
2020 3.96% 3.54% 0.90x 1.24x NT$-437.87 Million
2021 1.46% 0.89% 1.26x 1.30x NT$-611.49 Million
2022 -5.78% -2.91% 1.44x 1.38x NT$-1.02 Billion
2023 -6.67% -4.84% 0.98x 1.41x NT$-1.15 Billion
2024 -5.15% -3.33% 1.14x 1.36x NT$-1.12 Billion

Industry Comparison

This section compares Taiwan Styrene Monomer Corp's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $46,671,214,444
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taiwan Styrene Monomer Corp (1310) NT$7.03 Billion 11.23% 0.34x $2.82K
Grand Pacific Petrochemical Corp (1312) $15.07 Billion 13.79% 0.43x $428.83 Million
Grand Pacific Petrochemical Corp Pref (1312A) $36.11 Billion -1.37% 0.70x $12.92 Million
UPC Technology Corp (1313) $29.47 Billion -8.09% 0.94x $465.41 Million
Formosa Chemicals & Fibre Corp (1326) $295.57 Billion 11.16% 0.62x $9.64 Billion
Sesoda Corp (1708) $5.53 Billion 8.88% 0.93x $327.92 Million
Formosan Union Chemical Corp (1709) $9.21 Billion 6.36% 0.32x $280.28 Million
Oriental Union Chemical Corp (1710) $14.39 Billion 1.85% 1.29x $359.21 Million
Ho Tung Chemical Corp (1714) $13.82 Billion 0.13% 0.72x $290.73 Million
Sunko Ink Co Ltd (1721) $871.09 Million 0.02% 0.94x $140.96 Million

About Taiwan Styrene Monomer Corp

TW:1310 Taiwan Chemicals
Market Cap
$2.82K
NT$89.53K TWD
Market Cap Rank
#31371 Global
#1595 in Taiwan
Share Price
NT$9.50
Change (1 day)
+1.17%
52-Week Range
NT$7.58 - NT$12.25
All Time High
NT$22.82
Categories
Companies in Taiwan Chemicals
About

Taiwan Styrene Monomer Corporation, together with its subsidiaries, produces and sells styrene monomer, para-diethyl benzene, toluene, and ethyl benzene in Asia and Europe. The company operates through Plasticization, Investment, and Other segments. Its products are used in electrical appliances, machines, electronics, automobile, packaging, etc. The company primarily serves the manufacturers of … Read more