Grand Pacific Petrochemical Corp
Grand Pacific Petrochemical Corporation engages in the manufacture and sale of petrochemical and other chemical products in Taiwan. The company offers styrene monomer, an intermediate in petrochemical industry, which is used in the manufacturing of PS resin, ABS resin, styrene butadiene rubber, and unsaturated polyester; and ABS resins that are used in automobile interior parts, luggage, pipeline… Read more
Grand Pacific Petrochemical Corp (1312) - Net Assets
Latest net assets as of June 2025: NT$32.46 Billion TWD
Based on the latest financial reports, Grand Pacific Petrochemical Corp (1312) has net assets worth NT$32.46 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$62.57 Billion) and total liabilities (NT$30.11 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$32.46 Billion |
| % of Total Assets | 51.88% |
| Annual Growth Rate | 6.44% |
| 5-Year Change | 18.02% |
| 10-Year Change | 94.04% |
| Growth Volatility | 18.26 |
Grand Pacific Petrochemical Corp - Net Assets Trend (2000–2024)
This chart illustrates how Grand Pacific Petrochemical Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grand Pacific Petrochemical Corp (2000–2024)
The table below shows the annual net assets of Grand Pacific Petrochemical Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$36.73 Billion | +0.58% |
| 2023-12-31 | NT$36.52 Billion | +1.13% |
| 2022-12-31 | NT$36.11 Billion | -7.96% |
| 2021-12-31 | NT$39.23 Billion | +26.06% |
| 2020-12-31 | NT$31.12 Billion | +14.28% |
| 2019-12-31 | NT$27.23 Billion | +6.29% |
| 2018-12-31 | NT$25.62 Billion | +9.10% |
| 2017-12-31 | NT$23.48 Billion | +12.65% |
| 2016-12-31 | NT$20.85 Billion | +10.14% |
| 2015-12-31 | NT$18.93 Billion | +6.01% |
| 2014-12-31 | NT$17.85 Billion | -2.03% |
| 2013-12-31 | NT$18.22 Billion | +12.17% |
| 2012-12-31 | NT$16.25 Billion | +6.61% |
| 2011-12-31 | NT$15.24 Billion | +1.11% |
| 2010-12-31 | NT$15.07 Billion | +13.83% |
| 2009-12-31 | NT$13.24 Billion | +57.58% |
| 2008-12-31 | NT$8.40 Billion | -29.36% |
| 2007-12-31 | NT$11.90 Billion | +29.49% |
| 2006-12-31 | NT$9.19 Billion | +5.96% |
| 2005-12-31 | NT$8.67 Billion | +35.30% |
| 2004-12-31 | NT$6.41 Billion | +27.07% |
| 2003-12-31 | NT$5.04 Billion | -14.62% |
| 2002-12-31 | NT$5.91 Billion | -19.43% |
| 2001-12-31 | NT$7.33 Billion | -10.65% |
| 2000-12-31 | NT$8.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Pacific Petrochemical 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 2278.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.62 Billion | 46.92% |
| Other Components | NT$17.67 Billion | 53.08% |
| Total Equity | NT$33.29 Billion | 100.00% |
Grand Pacific Petrochemical Corp Competitors by Market Cap
The table below lists competitors of Grand Pacific Petrochemical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Gemmological Institute (India) Limited
NSE:IGIL
|
$358.23 Million |
|
ASSECO STH EAST.EUR.ZY 10
F:7T8
|
$358.27 Million |
|
Hangzhou Arcvideo Technology Co Ltd
SHG:688039
|
$358.37 Million |
|
Triputra Agro Persada Tbk PT
JK:TAPG
|
$358.45 Million |
|
Shijiazhuang Tonhe Electronics Technologies Co Ltd
SHE:300491
|
$358.15 Million |
|
Taiwan Paiho Ltd
TW:9938
|
$358.09 Million |
|
ADASTRIA CO. LTD.
F:1E0
|
$358.08 Million |
|
Auteco Minerals Limited
PINK:MNXMF
|
$358.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Pacific Petrochemical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,241,272,000 to 33,293,472,000, a change of 52,200,000 (0.2%).
- Net loss of 1,559,897,000 reduced equity.
- Other comprehensive income decreased equity by 3,721,503,999.
- Other factors increased equity by 5,333,600,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.56 Billion | -4.69% |
| Other Comprehensive Income | NT$-3.72 Billion | -11.18% |
| Other Changes | NT$5.33 Billion | +16.02% |
| Total Change | NT$- | 0.16% |
Book Value vs Market Value Analysis
This analysis compares Grand Pacific Petrochemical 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: 0.47x
- 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 1.16x to 0.47x 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$11.98 | NT$13.95 | x |
| 2007-12-31 | NT$13.04 | NT$13.95 | x |
| 2008-12-31 | NT$9.93 | NT$13.95 | x |
| 2009-12-31 | NT$15.05 | NT$13.95 | x |
| 2010-12-31 | NT$14.76 | NT$13.95 | x |
| 2011-12-31 | NT$14.99 | NT$13.95 | x |
| 2012-12-31 | NT$16.02 | NT$13.95 | x |
| 2013-12-31 | NT$17.82 | NT$13.95 | x |
| 2014-12-31 | NT$17.29 | NT$13.95 | x |
| 2015-12-31 | NT$18.43 | NT$13.95 | x |
| 2016-12-31 | NT$20.23 | NT$13.95 | x |
| 2017-12-31 | NT$22.96 | NT$13.95 | x |
| 2018-12-31 | NT$25.06 | NT$13.95 | x |
| 2019-12-31 | NT$26.28 | NT$13.95 | x |
| 2020-12-31 | NT$30.37 | NT$13.95 | x |
| 2021-12-31 | NT$38.19 | NT$13.95 | x |
| 2022-12-31 | NT$35.37 | NT$13.95 | x |
| 2023-12-31 | NT$36.44 | NT$13.95 | x |
| 2024-12-31 | NT$29.60 | NT$13.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Pacific Petrochemical 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): -4.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.50%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.92x
- Recent ROE (-4.69%) is below the historical average (7.99%), 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 | 10.13% | 5.93% | 0.48x | 3.59x | NT$10.41 Million |
| 2004 | 18.38% | 4.55% | 1.09x | 3.70x | NT$454.04 Million |
| 2005 | 4.12% | 1.13% | 1.17x | 3.11x | NT$-380.05 Million |
| 2006 | 11.82% | 3.47% | 1.29x | 2.65x | NT$137.89 Million |
| 2007 | 11.96% | 4.13% | 1.03x | 2.81x | NT$194.32 Million |
| 2008 | -32.84% | -7.99% | 1.27x | 3.23x | NT$-3.00 Billion |
| 2009 | 22.09% | 9.51% | 1.17x | 1.98x | NT$1.40 Billion |
| 2010 | 15.71% | 7.48% | 1.29x | 1.63x | NT$755.84 Million |
| 2011 | 8.33% | 4.52% | 1.13x | 1.63x | NT$-224.68 Million |
| 2012 | 12.06% | 7.65% | 0.95x | 1.65x | NT$297.44 Million |
| 2013 | 12.14% | 7.42% | 1.05x | 1.55x | NT$344.04 Million |
| 2014 | 1.88% | 1.20% | 1.00x | 1.57x | NT$-1.27 Billion |
| 2015 | 8.86% | 7.35% | 0.87x | 1.39x | NT$-189.15 Million |
| 2016 | 13.16% | 12.05% | 0.80x | 1.37x | NT$576.24 Million |
| 2017 | 15.87% | 14.08% | 0.83x | 1.35x | NT$1.22 Billion |
| 2018 | 13.02% | 11.96% | 0.83x | 1.31x | NT$686.21 Million |
| 2019 | 8.50% | 10.11% | 0.65x | 1.29x | NT$-366.74 Million |
| 2020 | 14.58% | 24.79% | 0.46x | 1.29x | NT$1.29 Billion |
| 2021 | 16.58% | 26.08% | 0.46x | 1.38x | NT$2.33 Billion |
| 2022 | -1.51% | -2.72% | 0.30x | 1.87x | NT$-3.77 Billion |
| 2023 | -4.33% | -9.15% | 0.25x | 1.86x | NT$-4.76 Billion |
| 2024 | -4.69% | -9.50% | 0.26x | 1.92x | NT$-4.89 Billion |
Industry Comparison
This section compares Grand Pacific Petrochemical Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $50,481,332,444
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Pacific Petrochemical Corp (1312) | NT$32.46 Billion | 10.13% | 0.93x | $358.21 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.66 Billion | 16.30% | 0.70x | $136.89 Million |
| UPC Technology Corp (1313) | $29.90 Billion | 7.18% | 0.80x | $263.35 Million |
| Formosa Chemicals & Fibre Corp (1326) | $379.64 Billion | 11.55% | 0.43x | $4.35 Billion |
| Sesoda Corp (1708) | $3.05 Billion | 13.81% | 0.46x | $227.10 Million |
| Formosan Union Chemical Corp (1709) | $3.40 Billion | 0.00% | 0.29x | $154.81 Million |
| Oriental Union Chemical Corp (1710) | $17.82 Billion | -0.67% | 1.14x | $286.20 Million |
| Ho Tung Chemical Corp (1714) | $11.87 Billion | 10.01% | 1.26x | $202.24 Million |
| Sunko Ink Co Ltd (1721) | $595.83 Million | 0.00% | 0.86x | $64.82 Million |
| Chung Hwa Chemical Industrial Works Ltd (1727) | $1.39 Billion | 7.97% | 0.59x | $105.88 Million |