Shinkong Textile Co Ltd (1419) - Net Assets

Latest as of September 2025: NT$17.31 Billion TWD ≈ $545.24 Million USD

Based on the latest financial reports, Shinkong Textile Co Ltd (1419) has net assets worth NT$17.31 Billion TWD (≈ $545.24 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$24.76 Billion ≈ $780.21 Million USD) and total liabilities (NT$7.46 Billion ≈ $234.97 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 1419 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$17.31 Billion
% of Total Assets 69.88%
Annual Growth Rate 7.53%
5-Year Change 70.58%
10-Year Change 113.53%
Growth Volatility 12.05

Shinkong Textile Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Shinkong Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shinkong Textile Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Shinkong Textile Co Ltd (2003–2024)

The table below shows the annual net assets of Shinkong Textile Co Ltd from 2003 to 2024. For live valuation and market cap data, see market cap of Shinkong Textile Co Ltd.

Year Net Assets Change
2024-12-31 NT$15.50 Billion
≈ $488.39 Million		 +17.91%
2023-12-31 NT$13.15 Billion
≈ $414.20 Million		 +11.96%
2022-12-31 NT$11.74 Billion
≈ $369.97 Million		 +17.30%
2021-12-31 NT$10.01 Billion
≈ $315.41 Million		 +10.17%
2020-12-31 NT$9.09 Billion
≈ $286.30 Million		 +3.98%
2019-12-31 NT$8.74 Billion
≈ $275.33 Million		 +3.85%
2018-12-31 NT$8.42 Billion
≈ $265.13 Million		 -9.01%
2017-12-31 NT$9.25 Billion
≈ $291.39 Million		 +17.61%
2016-12-31 NT$7.86 Billion
≈ $247.76 Million		 +8.32%
2015-12-31 NT$7.26 Billion
≈ $228.72 Million		 -0.81%
2014-12-31 NT$7.32 Billion
≈ $230.60 Million		 +0.37%
2013-12-31 NT$7.29 Billion
≈ $229.74 Million		 +27.18%
2012-12-31 NT$5.73 Billion
≈ $180.64 Million		 +8.92%
2011-12-31 NT$5.26 Billion
≈ $165.84 Million		 -20.45%
2010-12-31 NT$6.62 Billion
≈ $208.47 Million		 +21.67%
2009-12-31 NT$5.44 Billion
≈ $171.33 Million		 +28.32%
2008-12-31 NT$4.24 Billion
≈ $133.52 Million		 -13.18%
2007-12-31 NT$4.88 Billion
≈ $153.79 Million		 +3.21%
2006-12-31 NT$4.73 Billion
≈ $149.01 Million		 +11.80%
2005-12-31 NT$4.23 Billion
≈ $133.28 Million		 +12.72%
2004-12-31 NT$3.75 Billion
≈ $118.24 Million		 +11.20%
2003-12-31 NT$3.37 Billion
≈ $106.32 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Shinkong Textile 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 574.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$3.30 Billion 21.30%
Common Stock NT$3.00 Billion 19.36%
Other Comprehensive Income NT$9.20 Billion 59.36%
Total Equity NT$15.50 Billion 100.00%

Shinkong Textile Co Ltd Competitors by Market Cap

The table below lists competitors of Shinkong Textile Co Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
 $607.17 Million
Mitek Systems Inc
NASDAQ:MITK
 $607.24 Million
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
 $607.31 Million
Selamat Sempurna Tbk
JK:SMSM
 $607.38 Million
Fireweed Zinc Ltd
V:FWZ
 $607.08 Million
Autohellas S.A.
AT:OTOEL
 $607.07 Million
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
 $606.89 Million
Jiangsu Phoenix Property Investment Co Ltd
SHG:600716
 $606.80 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,147,061,000 to 15,501,650,000, a change of 2,354,589,000 (17.9%).
  • Net income of 869,014,000 contributed positively to equity growth.
  • Dividend payments of 359,085,000 reduced retained earnings.
  • Other comprehensive income increased equity by 3,675,158,000.
  • Other factors decreased equity by 1,830,498,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$869.01 Million +5.61%
Dividends Paid NT$359.08 Million -2.32%
Other Comprehensive Income NT$3.68 Billion +23.71%
Other Changes NT$-1.83 Billion -11.81%
Total Change NT$- 17.91%

Book Value vs Market Value Analysis

This analysis compares Shinkong Textile 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: 1.25x
  • 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 3.92x to 1.25x 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$16.43 NT$64.40 x
2007-12-31 NT$16.31 NT$64.40 x
2008-12-31 NT$14.53 NT$64.40 x
2009-12-31 NT$18.17 NT$64.40 x
2010-12-31 NT$22.11 NT$64.40 x
2011-12-31 NT$17.58 NT$64.40 x
2012-12-31 NT$19.16 NT$64.40 x
2013-12-31 NT$24.36 NT$64.40 x
2014-12-31 NT$24.46 NT$64.40 x
2015-12-31 NT$24.04 NT$64.40 x
2016-12-31 NT$26.08 NT$64.40 x
2017-12-31 NT$30.72 NT$64.40 x
2018-12-31 NT$27.97 NT$64.40 x
2019-12-31 NT$29.07 NT$64.40 x
2020-12-31 NT$30.35 NT$64.40 x
2021-12-31 NT$33.43 NT$64.40 x
2022-12-31 NT$39.17 NT$64.40 x
2023-12-31 NT$43.96 NT$64.40 x
2024-12-31 NT$51.72 NT$64.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shinkong Textile 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): 5.61%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.62%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.39x
  • Recent ROE (5.61%) is above the historical average (4.16%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 3.30% 19.81% 0.08x 2.14x NT$-225.99 Million
2004 2.59% 12.74% 0.10x 1.94x NT$-278.08 Million
2005 4.13% 13.59% 0.20x 1.52x NT$-248.41 Million
2006 1.79% 12.04% 0.10x 1.51x NT$-388.12 Million
2007 1.04% 7.68% 0.10x 1.42x NT$-437.18 Million
2008 0.18% 1.13% 0.10x 1.64x NT$-416.02 Million
2009 1.89% 13.18% 0.09x 1.55x NT$-441.30 Million
2010 3.47% 25.87% 0.09x 1.46x NT$-431.83 Million
2011 4.71% 23.40% 0.12x 1.62x NT$-278.65 Million
2012 3.07% 18.77% 0.10x 1.57x NT$-397.55 Million
2013 2.25% 16.35% 0.09x 1.47x NT$-564.80 Million
2014 1.42% 8.87% 0.10x 1.57x NT$-627.65 Million
2015 1.61% 10.40% 0.10x 1.58x NT$-603.93 Million
2016 2.01% 11.74% 0.11x 1.58x NT$-623.51 Million
2017 13.50% 83.48% 0.11x 1.50x NT$321.99 Million
2018 3.37% 17.59% 0.13x 1.46x NT$-554.68 Million
2019 4.45% 18.59% 0.16x 1.48x NT$-483.01 Million
2020 4.02% 16.98% 0.16x 1.49x NT$-543.71 Million
2021 4.50% 16.40% 0.17x 1.61x NT$-550.22 Million
2022 17.64% 61.83% 0.20x 1.42x NT$896.69 Million
2023 4.94% 19.18% 0.18x 1.41x NT$-665.76 Million
2024 5.61% 20.62% 0.20x 1.39x NT$-681.15 Million

Industry Comparison

This section compares Shinkong Textile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $22,148,862,600
  • Average return on equity (ROE) among peers: 7.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shinkong Textile Co Ltd (1419) NT$17.31 Billion 3.30% 0.43x $607.14 Million
San Fang Chemical Industry Co Ltd (1307) $7.65 Billion 1.52% 0.93x $397.31 Million
Universal Inc (1325) $1.60 Billion 11.31% 0.14x $70.39 Million
Fulin Plastic Industry Cayman Holding Co Ltd (1341) $1.27 Billion 23.39% 0.86x $101.90 Million
Cathay Consolidated Inc (1342) $936.36 Million 19.28% 0.62x $229.70 Million
Far Eastern New Century Corp (1402) $171.83 Billion 5.07% 0.97x $4.34 Billion
Shinkong Synthetic Fiber Corp (1409) $32.72 Billion 2.29% 2.96x $854.13 Million
Nan Yang Dyeing & Finishing Co Ltd (1410) $1.26 Billion 7.34% 0.21x $53.81 Million
Hung Chou Fiber Ind Co Ltd (1413) $1.23 Billion 8.07% 1.17x $39.67 Million
Tung Ho Textile Co Ltd (1414) $1.80 Billion 0.00% 2.40x $103.86 Million
Tong-Hwa Synthetic Fiber Co Ltd (1418) $1.20 Billion -3.01% 1.03x $32.85 Million

About Shinkong Textile Co Ltd

TW:1419 Taiwan Textile Manufacturing
Market Cap
$607.14 Million
NT$19.27 Billion TWD
Market Cap Rank
#11541 Global
#391 in Taiwan
Share Price
NT$64.40
Change (1 day)
+1.26%
52-Week Range
NT$42.50 - NT$81.70
All Time High
NT$81.70
Categories
Companies in Taiwan Textile Manufacturing
About

Shinkong Textile Co., Ltd. engages in the production and sale of various synthetic fibers, fabrics, and finished fabrics in Taiwan and internationally. The company operates through Sales Department, Retail Department, and Real Estate Department segments. It offers athleisure, business active, urban lifestyle, sports, outdoor, medical, and work wears. It is also involved in development and rental … Read more