Ocean Plastics Co Ltd (1321) - Net Assets

Latest as of December 2025: NT$5.69 Billion TWD ≈ $179.33 Million USD

Based on the latest financial reports, Ocean Plastics Co Ltd (1321) has net assets worth NT$5.69 Billion TWD (≈ $179.33 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$11.38 Billion ≈ $358.61 Million USD) and total liabilities (NT$5.69 Billion ≈ $179.28 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 1321 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$5.69 Billion
% of Total Assets	50.01%
Annual Growth Rate	3.71%
5-Year Change	-14.11%
10-Year Change	16.97%
Growth Volatility	22.37

Ocean Plastics Co Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Ocean Plastics Co Ltd's net assets have evolved over time, based on quarterly financial data. See 1321 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ocean Plastics Co Ltd (2002–2025)

The table below shows the annual net assets of Ocean Plastics Co Ltd from 2002 to 2025. For live valuation and market cap data, see Ocean Plastics Co Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	NT$5.69 Billion ≈ $179.33 Million	-6.12%
2024-12-31	NT$6.06 Billion ≈ $191.02 Million	-2.12%
2023-12-31	NT$6.19 Billion ≈ $195.15 Million	+4.74%
2022-12-31	NT$5.91 Billion ≈ $186.32 Million	-10.76%
2021-12-31	NT$6.63 Billion ≈ $208.77 Million	+0.34%
2020-12-31	NT$6.60 Billion ≈ $208.07 Million	+23.96%
2019-12-31	NT$5.33 Billion ≈ $167.84 Million	-0.37%
2018-12-31	NT$5.35 Billion ≈ $168.46 Million	+11.85%
2017-12-31	NT$4.78 Billion ≈ $150.61 Million	-1.76%
2016-12-31	NT$4.87 Billion ≈ $153.30 Million	-1.94%
2015-12-31	NT$4.96 Billion ≈ $156.34 Million	+0.12%
2014-12-31	NT$4.96 Billion ≈ $156.16 Million	-2.63%
2013-12-31	NT$5.09 Billion ≈ $160.37 Million	-0.33%
2012-12-31	NT$5.11 Billion ≈ $160.91 Million	-3.06%
2011-12-31	NT$5.27 Billion ≈ $165.98 Million	+103.40%
2010-12-31	NT$2.59 Billion ≈ $81.61 Million	-3.22%
2009-12-31	NT$2.68 Billion ≈ $84.32 Million	+3.78%
2008-12-31	NT$2.58 Billion ≈ $81.25 Million	-10.83%
2007-12-31	NT$2.89 Billion ≈ $91.11 Million	-8.15%
2006-12-31	NT$3.15 Billion ≈ $99.19 Million	-4.75%
2005-12-31	NT$3.31 Billion ≈ $104.14 Million	+12.93%
2004-12-31	NT$2.93 Billion ≈ $92.22 Million	+10.17%
2003-12-31	NT$2.66 Billion ≈ $83.70 Million	+7.97%
2002-12-31	NT$2.46 Billion ≈ $77.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ocean Plastics 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 25623700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$256.24 Million	4.50%
Common Stock	NT$2.27 Billion	39.92%
Other Comprehensive Income	NT$3.19 Billion	56.08%
Total Equity	NT$5.69 Billion	100.00%

Ocean Plastics Co Ltd Competitors by Market Cap

The table below lists competitors of Ocean Plastics Co Ltd ranked by their market capitalization.

Company	Market Cap
Hudson Technologies Inc NASDAQ:HDSN	$220.86 Million
SilverBox Corp IV NYSE:SBXD	$220.91 Million
Neon Equity AG XETRA:D77	$221.13 Million
Silver Mines Ltd AU:SVL	$221.14 Million
Bin Chuan Enterprise Co Ltd TWO:1569	$220.64 Million
APRANGA AB EO 029 F:WHX	$220.61 Million
Clearwater Paper Corporation NYSE:CLW	$220.43 Million
Ingram Micro Bilisim Sistemleri A.S. IS:INGRM	$220.39 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ocean Plastics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,063,056,000 to 5,691,881,000, a change of -371,175,000 (-6.1%).
Net loss of 275,549,000 reduced equity.
Dividend payments of 83,860,000 reduced retained earnings.
Other comprehensive income increased equity by 3,098,956,001.
Other factors decreased equity by 3,110,722,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$-275.55 Million	-4.84%
Dividends Paid	NT$83.86 Million	-1.47%
Other Comprehensive Income	NT$3.10 Billion	+54.45%
Other Changes	NT$-3.11 Billion	-54.65%
Total Change	NT$-	-6.12%

Book Value vs Market Value Analysis

This analysis compares Ocean Plastics 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: 1.23x
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 2.23x to 1.23x 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$14.26	NT$31.75	x
2007-12-31	NT$13.10	NT$31.75	x
2008-12-31	NT$11.69	NT$31.75	x
2009-12-31	NT$12.13	NT$31.75	x
2010-12-31	NT$11.74	NT$31.75	x
2011-12-31	NT$23.87	NT$31.75	x
2012-12-31	NT$23.14	NT$31.75	x
2013-12-31	NT$23.07	NT$31.75	x
2014-12-31	NT$22.46	NT$31.75	x
2015-12-31	NT$22.49	NT$31.75	x
2016-12-31	NT$22.05	NT$31.75	x
2017-12-31	NT$21.66	NT$31.75	x
2018-12-31	NT$24.27	NT$31.75	x
2019-12-31	NT$24.18	NT$31.75	x
2020-12-31	NT$29.89	NT$31.75	x
2021-12-31	NT$30.00	NT$31.75	x
2022-12-31	NT$26.80	NT$31.75	x
2023-12-31	NT$28.05	NT$31.75	x
2024-12-31	NT$27.46	NT$31.75	x
2025-12-31	NT$25.79	NT$31.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ocean Plastics 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): -4.84%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.67%
• Asset Turnover: 0.32x
• Equity Multiplier: 2.00x
Recent ROE (-4.84%) is below the historical average (0.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	7.56%	5.25%	0.84x	1.71x	NT$-64.80 Million
2004	13.39%	8.28%	1.10x	1.47x	NT$99.17 Million
2005	14.05%	9.30%	1.09x	1.38x	NT$133.63 Million
2006	-0.79%	-0.45%	1.23x	1.44x	NT$-339.50 Million
2007	-7.92%	-3.91%	1.28x	1.58x	NT$-518.08 Million
2008	-10.23%	-4.69%	1.29x	1.69x	NT$-521.81 Million
2009	2.97%	1.44%	1.21x	1.70x	NT$-188.23 Million
2010	-5.21%	-2.20%	1.34x	1.77x	NT$-394.02 Million
2011	-3.18%	-2.93%	0.65x	1.67x	NT$-694.61 Million
2012	-2.49%	-2.32%	0.63x	1.71x	NT$-638.07 Million
2013	0.26%	0.22%	0.65x	1.77x	NT$-495.82 Million
2014	-2.93%	-2.70%	0.55x	1.96x	NT$-640.68 Million
2015	0.75%	0.81%	0.44x	2.12x	NT$-459.10 Million
2016	-0.30%	-0.34%	0.40x	2.24x	NT$-501.22 Million
2017	-1.70%	-1.82%	0.41x	2.28x	NT$-559.48 Million
2018	-1.34%	-1.50%	0.41x	2.18x	NT$-606.50 Million
2019	2.20%	2.51%	0.40x	2.17x	NT$-415.66 Million
2020	10.83%	14.36%	0.41x	1.84x	NT$54.74 Million
2021	4.82%	4.92%	0.50x	1.96x	NT$-343.29 Million
2022	-0.72%	-0.66%	0.55x	1.99x	NT$-634.04 Million
2023	3.12%	3.93%	0.41x	1.93x	NT$-426.27 Million
2024	2.75%	3.56%	0.40x	1.94x	NT$-439.37 Million
2025	-4.84%	-7.67%	0.32x	2.00x	NT$-844.74 Million

Industry Comparison

This section compares Ocean Plastics Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $97,125,015,556
Average return on equity (ROE) among peers: 5.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ocean Plastics Co Ltd (1321)	NT$5.69 Billion	7.56%	1.00x	$220.75 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
Taita Chemical Co Ltd (1309)	$3.29 Billion	16.28%	1.75x	$181.63 Million
China Petrochemical Development Corp (1314)	$67.19 Billion	6.39%	0.34x	$908.64 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 Ocean Plastics Co Ltd

TW:1321 Taiwan Specialty Chemicals

Market Cap

$220.75 Million

NT$7.01 Billion TWD

Market Cap Rank

#16274 Global

#790 in Taiwan

Share Price

NT$31.75

Change (1 day)

+0.63%

52-Week Range

NT$28.45 - NT$37.90

All Time High

NT$43.70