Grand Pacific Petrochemical Corp Pref (1312A) - Net Assets
Based on the latest financial reports, Grand Pacific Petrochemical Corp Pref (1312A) has net assets worth NT$32.18 Billion TWD (≈ $1.01 Billion 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$66.52 Billion ≈ $2.10 Billion USD) and total liabilities (NT$34.34 Billion ≈ $1.08 Billion 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 how tangible is Grand Pacific Petrochemical Corp Pref's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$32.18 Billion |
| % of Total Assets | 48.38% |
| Annual Growth Rate | 5.45% |
| 5-Year Change | -17.97% |
| 10-Year Change | 54.36% |
| Growth Volatility | 10.62 |
Grand Pacific Petrochemical Corp Pref - Net Assets Trend (2015–2025)
This chart illustrates how Grand Pacific Petrochemical Corp Pref's net assets have evolved over time, based on quarterly financial data. See how many days can Grand Pacific Petrochemical Corp Pref fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Grand Pacific Petrochemical Corp Pref (2015–2025)
The table below shows the annual net assets of Grand Pacific Petrochemical Corp Pref from 2015 to 2025. For live valuation and market cap data, see market value of Grand Pacific Petrochemical Corp Pref.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$32.18 Billion ≈ $1.01 Billion |
-12.38% |
| 2024-12-31 | NT$36.73 Billion ≈ $1.16 Billion |
+0.58% |
| 2023-12-31 | NT$36.52 Billion ≈ $1.15 Billion |
+1.13% |
| 2022-12-31 | NT$36.11 Billion ≈ $1.14 Billion |
-7.96% |
| 2021-12-31 | NT$39.23 Billion ≈ $1.24 Billion |
+26.06% |
| 2020-12-31 | NT$31.12 Billion ≈ $980.46 Million |
+14.28% |
| 2019-12-31 | NT$27.23 Billion ≈ $857.96 Million |
+6.29% |
| 2018-12-31 | NT$25.62 Billion ≈ $807.20 Million |
+9.10% |
| 2017-12-31 | NT$23.48 Billion ≈ $739.88 Million |
+12.65% |
| 2016-12-31 | NT$20.85 Billion ≈ $656.80 Million |
+10.14% |
| 2015-12-31 | NT$18.93 Billion ≈ $596.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grand Pacific Petrochemical Corp Pref'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 70.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.22 Billion | 38.87% |
| Other Components | NT$17.64 Billion | 61.13% |
| Total Equity | NT$28.87 Billion | 100.00% |
Grand Pacific Petrochemical Corp Pref Competitors by Market Cap
The table below lists competitors of Grand Pacific Petrochemical Corp Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Park & Bellheimer AG
F:PKB
|
$12.50 Million |
|
Phapros Tbk PT
JK:PEHA
|
$12.50 Million |
|
FirstGroup PLC
LSE:FGP
|
$12.51 Million |
|
Bayhorse Silver Inc
V:BHS
|
$12.51 Million |
|
Bflysoft Co. Ltd.
KQ:148780
|
$12.49 Million |
|
Next Biometrics Group ASA
OL:NEXT
|
$12.49 Million |
|
FASING SA
WAR:FSG
|
$12.49 Million |
|
Property Perfect Public Company Limited
BK:PF
|
$12.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Pacific Petrochemical Corp Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,293,472,000 to 28,865,721,000, a change of -4,427,751,000 (-13.3%).
- Net loss of 4,379,888,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-4.38 Billion | -15.17% |
| Other Changes | NT$-47.86 Million | -0.17% |
| Total Change | NT$- | -13.30% |
Book Value vs Market Value Analysis
This analysis compares Grand Pacific Petrochemical Corp Pref'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: 0.85x
- 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 0.97x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$22.48 | NT$21.75 | x |
| 2018-12-31 | NT$24.59 | NT$21.75 | x |
| 2019-12-31 | NT$26.30 | NT$21.75 | x |
| 2020-12-31 | NT$30.48 | NT$21.75 | x |
| 2021-12-31 | NT$38.35 | NT$21.75 | x |
| 2022-12-31 | NT$35.41 | NT$21.75 | x |
| 2023-12-31 | NT$29.55 | NT$21.75 | x |
| 2024-12-31 | NT$29.60 | NT$21.75 | x |
| 2025-12-31 | NT$25.66 | NT$21.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Pacific Petrochemical Corp Pref utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.37%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.30x
- Recent ROE (-15.17%) is below the historical average (5.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.97% | 7.35% | 0.87x | 1.41x | NT$-169.15 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 |
| 2025 | -15.17% | -19.37% | 0.34x | 2.30x | NT$-7.27 Billion |
Industry Comparison
This section compares Grand Pacific Petrochemical Corp Pref's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $40,198,220,889
- Average return on equity (ROE) among peers: 6.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Pacific Petrochemical Corp Pref (1312A) | NT$32.18 Billion | 8.97% | 1.07x | $12.49 Million |
| Taiwan Styrene Monomer Corp (1310) | $7.55 Billion | 18.69% | 0.56x | $2.86K |
| Grand Pacific Petrochemical Corp (1312) | $25.62 Billion | 11.55% | 0.17x | $470.67 Million |
| UPC Technology Corp (1313) | $29.47 Billion | -8.09% | 0.94x | $482.18 Million |
| Formosa Chemicals & Fibre Corp (1326) | $273.20 Billion | 2.60% | 0.78x | $9.99 Billion |
| Sesoda Corp (1708) | $5.80 Billion | 3.00% | 1.05x | $394.60 Million |
| Formosan Union Chemical Corp (1709) | $6.12 Billion | 13.86% | 0.48x | $319.36 Million |
| Oriental Union Chemical Corp (1710) | $6.39 Billion | 12.05% | 0.37x | $377.17 Million |
| Ho Tung Chemical Corp (1714) | $7.02 Billion | 8.94% | 1.30x | $629.39 Million |
| Sunko Ink Co Ltd (1721) | $618.26 Million | 0.15% | 1.02x | $138.63 Million |
About Grand Pacific Petrochemical Corp Pref
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