Shinkong Textile Co Ltd (1419) - Net Assets
Based on the latest financial reports, Shinkong Textile Co Ltd (1419) has net assets worth NT$17.52 Billion TWD (≈ $551.99 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$25.17 Billion ≈ $793.04 Million USD) and total liabilities (NT$7.65 Billion ≈ $241.05 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. Also explore how large is Shinkong Textile Co Ltd's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$17.52 Billion |
| % of Total Assets | 69.6% |
| Annual Growth Rate | 7.77% |
| 5-Year Change | 75.01% |
| 10-Year Change | 122.79% |
| Growth Volatility | 11.82 |
Shinkong Textile Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Shinkong Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 1419 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shinkong Textile Co Ltd (2003–2025)
The table below shows the annual net assets of Shinkong Textile Co Ltd from 2003 to 2025. For live valuation and market cap data, see market value of Shinkong Textile Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$17.52 Billion ≈ $551.99 Million |
+13.02% |
| 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 |
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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 755.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.19 Billion | 23.89% |
| Common Stock | NT$3.00 Billion | 17.13% |
| Other Comprehensive Income | NT$10.34 Billion | 58.99% |
| Total Equity | NT$17.52 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 |
|---|---|
|
AIC Inc
TWO:3693
|
$639.30 Million |
|
Heilongjiang Publishing & Media Co Ltd
SHG:605577
|
$639.31 Million |
|
Carriage Services Inc
NYSE:CSV
|
$639.41 Million |
|
Tainan Spinning Co Ltd
TW:1440
|
$639.44 Million |
|
Helen of Troy Ltd
NASDAQ:HELE
|
$638.90 Million |
|
ChengDa Pharmaceuticals Co. Ltd.
SHE:301201
|
$638.66 Million |
|
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
|
$638.59 Million |
|
Southern Cable Group Bhd
KLSE:0225
|
$638.59 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 2024 to 2025, total equity changed from 15,501,650,000 to 17,520,362,000, a change of 2,018,712,000 (13.0%).
- Net income of 1,229,995,000 contributed positively to equity growth.
- Dividend payments of 448,856,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,133,157,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.23 Billion | +7.02% |
| Dividends Paid | NT$448.86 Million | -2.56% |
| Other Comprehensive Income | NT$1.13 Billion | +6.47% |
| Other Changes | NT$104.42 Million | +0.6% |
| Total Change | NT$- | 13.02% |
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: 1.16x
- 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 4.13x to 1.16x 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$67.80 | x |
| 2007-12-31 | NT$16.31 | NT$67.80 | x |
| 2008-12-31 | NT$14.53 | NT$67.80 | x |
| 2009-12-31 | NT$18.17 | NT$67.80 | x |
| 2010-12-31 | NT$22.11 | NT$67.80 | x |
| 2011-12-31 | NT$17.58 | NT$67.80 | x |
| 2012-12-31 | NT$19.16 | NT$67.80 | x |
| 2013-12-31 | NT$24.36 | NT$67.80 | x |
| 2014-12-31 | NT$24.46 | NT$67.80 | x |
| 2015-12-31 | NT$24.04 | NT$67.80 | x |
| 2016-12-31 | NT$26.08 | NT$67.80 | x |
| 2017-12-31 | NT$30.72 | NT$67.80 | x |
| 2018-12-31 | NT$27.97 | NT$67.80 | x |
| 2019-12-31 | NT$29.07 | NT$67.80 | x |
| 2020-12-31 | NT$30.35 | NT$67.80 | x |
| 2021-12-31 | NT$33.43 | NT$67.80 | x |
| 2022-12-31 | NT$39.17 | NT$67.80 | x |
| 2023-12-31 | NT$43.96 | NT$67.80 | x |
| 2024-12-31 | NT$51.72 | NT$67.80 | x |
| 2025-12-31 | NT$58.54 | NT$67.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinkong Textile Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.99%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.44x
- Recent ROE (7.02%) is above the historical average (4.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.30% | 19.81% | 0.08x | 2.14x | NT$-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$-681.15 Million |
| 2025 | 7.02% | 25.99% | 0.19x | 1.44x | NT$-522.04 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: $34,591,242,300
- Average return on equity (ROE) among peers: 7.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinkong Textile Co Ltd (1419) | NT$17.52 Billion | 3.30% | 0.44x | $639.19 Million |
| San Fang Chemical Industry Co Ltd (1307) | $2.91 Billion | 8.32% | 0.69x | $392.92 Million |
| Universal Inc (1325) | $2.88 Billion | 0.58% | 0.04x | $70.13 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.12 Billion | 13.50% | 1.05x | $96.08 Million |
| Cathay Consolidated Inc (1342) | $2.01 Billion | 24.90% | 0.49x | $241.08 Million |
| Far Eastern New Century Corp (1402) | $319.43 Billion | 3.14% | 1.14x | $4.54 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $11.50 Billion | 4.79% | 1.29x | $1.11 Billion |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.24 Billion | 9.48% | 0.23x | $50.20 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $1.13 Billion | 5.29% | 1.41x | $39.38 Million |
| Tung Ho Textile Co Ltd (1414) | $1.68 Billion | 0.00% | 2.57x | $117.90 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $2.01 Billion | 0.00% | 0.85x | $30.89 Million |
About Shinkong Textile Co Ltd
Shinkong Textile Co., Ltd. engages in the production and sale of various synthetic fibers, grey fabrics, and finished fabrics in Taiwan and internationally. The company operates through Business Department, Retail Department, and Real Estate Division segments. It offers athleisure, business active, urban lifestyle, sports, outdoor, medical, and work wears. It is also involved in the residential a… Read more