Y.C.C. Parts MFG Co Ltd
Y.C.C. Parts Mfg. Co., Ltd. manufactures and sells automotive plastic parts in North America, Central America, South America, Europe, Asia, and Taiwan. The company offers absorber, air deflector, fan shroud, fender, grille moulding, head lamp mounting panel, brackets, cases, side bumpers, valance, and bumper cover, grille, and moulding. It also offers water tank guard, lower panel trim, and headl… Read more
Y.C.C. Parts MFG Co Ltd (1339) - Net Assets
Latest net assets as of September 2025: NT$3.99 Billion TWD
Based on the latest financial reports, Y.C.C. Parts MFG Co Ltd (1339) has net assets worth NT$3.99 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.14 Billion) and total liabilities (NT$1.15 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$3.99 Billion |
| % of Total Assets | 77.61% |
| Annual Growth Rate | 8.85% |
| 5-Year Change | 16.94% |
| 10-Year Change | 32.91% |
| Growth Volatility | 16.28 |
Y.C.C. Parts MFG Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Y.C.C. Parts MFG Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Y.C.C. Parts MFG Co Ltd (2009–2024)
The table below shows the annual net assets of Y.C.C. Parts MFG Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.19 Billion | +3.74% |
| 2023-12-31 | NT$4.04 Billion | +5.93% |
| 2022-12-31 | NT$3.82 Billion | +7.47% |
| 2021-12-31 | NT$3.55 Billion | -0.99% |
| 2020-12-31 | NT$3.59 Billion | -0.34% |
| 2019-12-31 | NT$3.60 Billion | +4.52% |
| 2018-12-31 | NT$3.44 Billion | +2.56% |
| 2017-12-31 | NT$3.36 Billion | +2.52% |
| 2016-12-31 | NT$3.27 Billion | +3.77% |
| 2015-12-31 | NT$3.15 Billion | +68.15% |
| 2014-12-31 | NT$1.88 Billion | +12.08% |
| 2013-12-31 | NT$1.67 Billion | +7.38% |
| 2012-12-31 | NT$1.56 Billion | +17.70% |
| 2011-12-31 | NT$1.32 Billion | +9.67% |
| 2010-12-31 | NT$1.21 Billion | +2.76% |
| 2009-12-31 | NT$1.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Y.C.C. Parts MFG 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 430.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.73 Billion | 42.19% |
| Common Stock | NT$741.24 Million | 18.04% |
| Other Comprehensive Income | NT$441.30 Million | 10.74% |
| Other Components | NT$1.19 Billion | 29.04% |
| Total Equity | NT$4.11 Billion | 100.00% |
Y.C.C. Parts MFG Co Ltd Competitors by Market Cap
The table below lists competitors of Y.C.C. Parts MFG Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kodiak Copper Corp
OTCQB:KDKCF
|
$26.02 Million |
|
Chu Kong Shipping Enterprises (Group) Company Limited
F:CKW
|
$26.03 Million |
|
Obigo Inc.
KQ:352910
|
$26.03 Million |
|
LUMI GRUPPEN AS NK -01
F:8KS
|
$26.03 Million |
|
Nui Nho Stone JSC
VN:NNC
|
$26.01 Million |
|
B7X
F:B7X
|
$26.00 Million |
|
Ares Strategic Mining Inc
PINK:ARSMF
|
$26.00 Million |
|
Monalisa
KO:012690
|
$26.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Y.C.C. Parts MFG Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,945,875,000 to 4,109,854,000, a change of 163,979,000 (4.2%).
- Net income of 371,612,000 contributed positively to equity growth.
- Dividend payments of 222,372,000 reduced retained earnings.
- Other comprehensive income increased equity by 535,347,000.
- Other factors decreased equity by 520,608,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$371.61 Million | +9.04% |
| Dividends Paid | NT$222.37 Million | -5.41% |
| Other Comprehensive Income | NT$535.35 Million | +13.03% |
| Other Changes | NT$-520.61 Million | -12.67% |
| Total Change | NT$- | 4.16% |
Book Value vs Market Value Analysis
This analysis compares Y.C.C. Parts MFG 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: 0.74x
- 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 2.08x to 0.74x 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$19.82 | NT$41.15 | x |
| 2010-12-31 | NT$20.23 | NT$41.15 | x |
| 2011-12-31 | NT$21.92 | NT$41.15 | x |
| 2012-12-31 | NT$24.22 | NT$41.15 | x |
| 2013-12-31 | NT$25.35 | NT$41.15 | x |
| 2014-12-31 | NT$28.42 | NT$41.15 | x |
| 2015-12-31 | NT$39.32 | NT$41.15 | x |
| 2016-12-31 | NT$40.70 | NT$41.15 | x |
| 2017-12-31 | NT$42.70 | NT$41.15 | x |
| 2018-12-31 | NT$44.20 | NT$41.15 | x |
| 2019-12-31 | NT$46.94 | NT$41.15 | x |
| 2020-12-31 | NT$46.72 | NT$41.15 | x |
| 2021-12-31 | NT$46.35 | NT$41.15 | x |
| 2022-12-31 | NT$49.97 | NT$41.15 | x |
| 2023-12-31 | NT$53.12 | NT$41.15 | x |
| 2024-12-31 | NT$55.31 | NT$41.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Y.C.C. Parts MFG 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): 9.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.23%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.24x
- Recent ROE (9.04%) is below the historical average (10.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.24% | 12.62% | 0.43x | 2.07x | NT$14.59 Million |
| 2010 | 7.66% | 8.72% | 0.43x | 2.03x | NT$-28.32 Million |
| 2011 | 12.92% | 15.26% | 0.46x | 1.82x | NT$38.63 Million |
| 2012 | 10.81% | 14.56% | 0.43x | 1.72x | NT$12.62 Million |
| 2013 | 13.11% | 17.95% | 0.42x | 1.74x | NT$52.08 Million |
| 2014 | 16.06% | 20.93% | 0.47x | 1.63x | NT$113.71 Million |
| 2015 | 11.68% | 15.96% | 0.40x | 1.81x | NT$49.48 Million |
| 2016 | 10.10% | 12.36% | 0.40x | 2.05x | NT$3.11 Million |
| 2017 | 8.69% | 9.72% | 0.43x | 2.06x | NT$-41.73 Million |
| 2018 | 9.37% | 10.79% | 0.45x | 1.93x | NT$-20.65 Million |
| 2019 | 10.80% | 14.18% | 0.50x | 1.53x | NT$27.77 Million |
| 2020 | 3.39% | 5.55% | 0.40x | 1.53x | NT$-229.32 Million |
| 2021 | 3.94% | 7.08% | 0.38x | 1.47x | NT$-208.59 Million |
| 2022 | 11.00% | 20.22% | 0.36x | 1.49x | NT$37.13 Million |
| 2023 | 11.04% | 21.24% | 0.38x | 1.37x | NT$41.07 Million |
| 2024 | 9.04% | 19.23% | 0.38x | 1.24x | NT$-39.37 Million |
Industry Comparison
This section compares Y.C.C. Parts MFG Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,096,382,667
- Average return on equity (ROE) among peers: -17.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Y.C.C. Parts MFG Co Ltd (1339) | NT$3.99 Billion | 11.24% | 0.29x | $26.01 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |