Fulin Plastic Industry Cayman Holding Co Ltd (1341) - Net Assets
Based on the latest financial reports, Fulin Plastic Industry Cayman Holding Co Ltd (1341) has net assets worth NT$1.29 Billion TWD (≈ $40.68 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$2.24 Billion ≈ $70.55 Million USD) and total liabilities (NT$948.05 Million ≈ $29.87 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 Fulin Plastic Industry Cayman Holding Co liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.29 Billion |
| % of Total Assets | 57.66% |
| Annual Growth Rate | 3.62% |
| 5-Year Change | 1.46% |
| 10-Year Change | 57.15% |
| Growth Volatility | 36.94 |
Fulin Plastic Industry Cayman Holding Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Fulin Plastic Industry Cayman Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fulin Plastic Industry Cayman Holding Co assets under control for the complete picture of this company's asset base.
Annual Net Assets for Fulin Plastic Industry Cayman Holding Co Ltd (2015–2025)
The table below shows the annual net assets of Fulin Plastic Industry Cayman Holding Co Ltd from 2015 to 2025. For live valuation and market cap data, see Fulin Plastic Industry Cayman Holding Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.29 Billion ≈ $40.68 Million |
-10.79% |
| 2024-12-31 | NT$1.45 Billion ≈ $45.60 Million |
+11.05% |
| 2023-12-31 | NT$1.30 Billion ≈ $41.07 Million |
+7.89% |
| 2022-12-31 | NT$1.21 Billion ≈ $38.06 Million |
-5.07% |
| 2021-12-31 | NT$1.27 Billion ≈ $40.10 Million |
+4.61% |
| 2020-12-31 | NT$1.22 Billion ≈ $38.33 Million |
-0.56% |
| 2019-12-31 | NT$1.22 Billion ≈ $38.55 Million |
+9.47% |
| 2018-12-31 | NT$1.12 Billion ≈ $35.21 Million |
+111.98% |
| 2017-12-31 | NT$527.25 Million ≈ $16.61 Million |
-35.84% |
| 2016-12-31 | NT$821.70 Million ≈ $25.89 Million |
-9.17% |
| 2015-12-31 | NT$904.64 Million ≈ $28.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fulin Plastic Industry Cayman Holding 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 38185200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$381.85 Million | 29.57% |
| Common Stock | NT$528.51 Million | 40.93% |
| Other Comprehensive Income | NT$125.07 Million | 9.69% |
| Other Components | NT$255.89 Million | 19.82% |
| Total Equity | NT$1.29 Billion | 100.00% |
Fulin Plastic Industry Cayman Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Fulin Plastic Industry Cayman Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Afyren SAS
PA:ALAFY
|
$102.91 Million |
|
EverFocus Electronics Corp
TW:5484
|
$102.91 Million |
|
HLS Therapeutics Inc
TO:HLS
|
$102.93 Million |
|
Saga Pure ASA
OL:SAGA
|
$102.97 Million |
|
Hurriyet Gazetecilik ve Matbaacilik AS
IS:HURGZ
|
$102.89 Million |
|
Aldeyra The
NASDAQ:ALDX
|
$102.88 Million |
|
Viceroy Hotels Limited
NSE:VHLTD
|
$102.86 Million |
|
Marfin Investment Group Holdings S.A
AT:MIG
|
$102.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fulin Plastic Industry Cayman Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,447,471,000 to 1,291,321,000, a change of -156,150,000 (-10.8%).
- Net income of 196,043,000 contributed positively to equity growth.
- Dividend payments of 274,824,000 reduced retained earnings.
- Other comprehensive income decreased equity by 69,450,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$196.04 Million | +15.18% |
| Dividends Paid | NT$274.82 Million | -21.28% |
| Other Comprehensive Income | NT$-69.45 Million | -5.38% |
| Other Changes | NT$-7.92 Million | -0.61% |
| Total Change | NT$- | -10.79% |
Book Value vs Market Value Analysis
This analysis compares Fulin Plastic Industry Cayman Holding 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: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.42x to 2.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | NT$25.50 | NT$61.80 | x |
| 2016-12-31 | NT$23.28 | NT$61.80 | x |
| 2017-12-31 | NT$14.21 | NT$61.80 | x |
| 2018-12-31 | NT$27.28 | NT$61.80 | x |
| 2019-12-31 | NT$24.73 | NT$61.80 | x |
| 2020-12-31 | NT$24.56 | NT$61.80 | x |
| 2021-12-31 | NT$25.11 | NT$61.80 | x |
| 2022-12-31 | NT$22.93 | NT$61.80 | x |
| 2023-12-31 | NT$24.62 | NT$61.80 | x |
| 2024-12-31 | NT$27.30 | NT$61.80 | x |
| 2025-12-31 | NT$24.44 | NT$61.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fulin Plastic Industry Cayman Holding 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): 15.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.64%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.73x
- Recent ROE (15.18%) is below the historical average (29.50%), 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 | 57.72% | 16.02% | 2.15x | 1.68x | NT$431.65 Million |
| 2016 | 55.67% | 15.46% | 2.01x | 1.80x | NT$375.28 Million |
| 2017 | 48.43% | 9.24% | 1.89x | 2.78x | NT$202.64 Million |
| 2018 | 13.50% | 5.20% | 1.27x | 2.05x | NT$39.08 Million |
| 2019 | 22.98% | 9.31% | 1.41x | 1.75x | NT$158.82 Million |
| 2020 | 25.55% | 11.67% | 1.26x | 1.74x | NT$189.22 Million |
| 2021 | 23.39% | 10.76% | 1.17x | 1.86x | NT$170.40 Million |
| 2022 | 24.85% | 9.86% | 1.24x | 2.03x | NT$179.38 Million |
| 2023 | 17.66% | 9.15% | 1.20x | 1.61x | NT$99.84 Million |
| 2024 | 19.52% | 10.13% | 1.11x | 1.74x | NT$137.77 Million |
| 2025 | 15.18% | 7.64% | 1.15x | 1.73x | NT$66.91 Million |
Industry Comparison
This section compares Fulin Plastic Industry Cayman Holding Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $14,259,825,667
- Average return on equity (ROE) among peers: 1.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | NT$1.29 Billion | 57.72% | 0.73x | $102.90 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.53 Billion | 9.88% | 0.84x | $383.52 Million |
| Universal Inc (1325) | $1.82 Billion | 6.69% | 0.12x | $72.28 Million |
| Cathay Consolidated Inc (1342) | $936.36 Million | 19.28% | 0.62x | $229.20 Million |
| Far Eastern New Century Corp (1402) | $84.54 Billion | 5.47% | 0.67x | $3.95 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $32.72 Billion | 2.29% | 2.96x | $960.90 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.17 Billion | -1.26% | 0.28x | $51.28 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $778.59 Million | -8.04% | 1.95x | $39.13 Million |
| Tung Ho Textile Co Ltd (1414) | $1.80 Billion | 0.00% | 2.40x | $87.65 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $1.04 Billion | -18.63% | 1.13x | $32.17 Million |
About Fulin Plastic Industry Cayman Holding Co Ltd
Fulin Plastic Industry (Cayman) Holding Co., Ltd. produces and sells of artificial leather and rubber sheets in Vietnam. It provides latex leathers, tapes, soft leather, PU, and non-woven fabric. The company is involved in the international trading business. Fulin Plastic Industry (Cayman) Holding Co., Ltd. was incorporated in 2016 and is headquartered in Hai Phong, Vietnam.