Tah Tong Textile Co Ltd (1441) - Net Assets
Based on the latest financial reports, Tah Tong Textile Co Ltd (1441) has net assets worth NT$463.64 Million TWD (≈ $14.61 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$1.40 Billion ≈ $44.02 Million USD) and total liabilities (NT$933.58 Million ≈ $29.41 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. Explore cash flow conversion of Tah Tong Textile Co Ltd to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$463.64 Million |
| % of Total Assets | 33.18% |
| Annual Growth Rate | -3.71% |
| 5-Year Change | -43.49% |
| 10-Year Change | -17.42% |
| Growth Volatility | 42.85 |
Tah Tong Textile Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Tah Tong Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 1441 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Tah Tong Textile Co Ltd (2002–2025)
The table below shows the annual net assets of Tah Tong Textile Co Ltd from 2002 to 2025. For live valuation and market cap data, see Tah Tong Textile Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$463.64 Million ≈ $14.61 Million |
-19.33% |
| 2024-12-31 | NT$574.76 Million ≈ $18.11 Million |
+66.08% |
| 2023-12-31 | NT$346.08 Million ≈ $10.90 Million |
-49.95% |
| 2022-12-31 | NT$691.42 Million ≈ $21.78 Million |
-15.73% |
| 2021-12-31 | NT$820.50 Million ≈ $25.85 Million |
-14.95% |
| 2020-12-31 | NT$964.79 Million ≈ $30.40 Million |
-23.42% |
| 2019-12-31 | NT$1.26 Billion ≈ $39.69 Million |
-11.60% |
| 2018-12-31 | NT$1.43 Billion ≈ $44.90 Million |
+159.06% |
| 2017-12-31 | NT$550.14 Million ≈ $17.33 Million |
-2.02% |
| 2016-12-31 | NT$561.45 Million ≈ $17.69 Million |
-28.53% |
| 2015-12-31 | NT$785.59 Million ≈ $24.75 Million |
-11.31% |
| 2014-12-31 | NT$885.82 Million ≈ $27.91 Million |
-17.42% |
| 2013-12-31 | NT$1.07 Billion ≈ $33.80 Million |
-0.13% |
| 2012-12-31 | NT$1.07 Billion ≈ $33.84 Million |
-8.65% |
| 2011-12-31 | NT$1.18 Billion ≈ $37.05 Million |
+65.01% |
| 2010-12-31 | NT$712.61 Million ≈ $22.45 Million |
+30.89% |
| 2009-12-31 | NT$544.43 Million ≈ $17.15 Million |
-3.19% |
| 2008-12-31 | NT$562.36 Million ≈ $17.72 Million |
-20.17% |
| 2007-12-31 | NT$704.43 Million ≈ $22.19 Million |
+0.19% |
| 2006-12-31 | NT$703.10 Million ≈ $22.15 Million |
+5.72% |
| 2005-12-31 | NT$665.09 Million ≈ $20.95 Million |
+10.52% |
| 2004-12-31 | NT$601.76 Million ≈ $18.96 Million |
-11.02% |
| 2003-12-31 | NT$676.25 Million ≈ $21.31 Million |
-38.93% |
| 2002-12-31 | NT$1.11 Billion ≈ $34.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tah Tong 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 decreased by 20407100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$717.44 Million | 154.74% |
| Other Comprehensive Income | NT$-65.24 Million | -14.07% |
| Other Components | NT$15.51 Million | 3.34% |
| Total Equity | NT$463.64 Million | 100.00% |
Tah Tong Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Tah Tong Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Retractable Technologies Inc
NYSE MKT:RVP
|
$20.86 Million |
|
Bcal Diagnostics Ltd
AU:BDX
|
$20.87 Million |
|
Pantheon International PLC
LSE:PIN
|
$20.87 Million |
|
Tainwala Chemical and Plastic (I) Limited
NSE:TAINWALCHM
|
$20.88 Million |
|
Hanchang Ind.Co.Ltd
KQ:079170
|
$20.86 Million |
|
Cordoba Minerals Corp
V:CDB
|
$20.85 Million |
|
SOLWERS OYJ EO 1
F:0ST
|
$20.85 Million |
|
Nyesa Valores Corp SA
MC:NYE
|
$20.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tah Tong Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 568,593,000 to 463,640,000, a change of -104,953,000 (-18.5%).
- Net loss of 31,314,000 reduced equity.
- Other comprehensive income decreased equity by 57,110,000.
- Other factors decreased equity by 16,529,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-31.31 Million | -6.75% |
| Other Comprehensive Income | NT$-57.11 Million | -12.32% |
| Other Changes | NT$-16.53 Million | -3.57% |
| Total Change | NT$- | -18.46% |
Book Value vs Market Value Analysis
This analysis compares Tah Tong 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: 1.39x
- 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 0.96x to 1.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$9.63 | NT$9.23 | x |
| 2010-12-31 | NT$11.43 | NT$9.23 | x |
| 2011-12-31 | NT$17.37 | NT$9.23 | x |
| 2012-12-31 | NT$13.40 | NT$9.23 | x |
| 2013-12-31 | NT$13.38 | NT$9.23 | x |
| 2014-12-31 | NT$11.05 | NT$9.23 | x |
| 2015-12-31 | NT$9.80 | NT$9.23 | x |
| 2016-12-31 | NT$7.00 | NT$9.23 | x |
| 2017-12-31 | NT$5.95 | NT$9.23 | x |
| 2018-12-31 | NT$14.03 | NT$9.23 | x |
| 2019-12-31 | NT$11.00 | NT$9.23 | x |
| 2020-12-31 | NT$8.10 | NT$9.23 | x |
| 2021-12-31 | NT$7.20 | NT$9.23 | x |
| 2022-12-31 | NT$10.78 | NT$9.23 | x |
| 2023-12-31 | NT$5.22 | NT$9.23 | x |
| 2024-12-31 | NT$8.23 | NT$9.23 | x |
| 2025-12-31 | NT$6.66 | NT$9.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tah Tong Textile Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.07%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 3.01x
- Recent ROE (-6.75%) is above the historical average (-14.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.16% | 0.07% | 0.79x | 3.05x | NT$-69.15 Million |
| 2009 | -16.95% | -6.75% | 0.76x | 3.31x | NT$-146.73 Million |
| 2010 | 22.56% | 8.87% | 0.89x | 2.87x | NT$89.52 Million |
| 2011 | 11.64% | 6.98% | 0.86x | 1.93x | NT$19.23 Million |
| 2012 | 0.75% | 0.51% | 0.75x | 1.97x | NT$-99.36 Million |
| 2013 | -1.14% | -0.92% | 0.52x | 2.38x | NT$-119.48 Million |
| 2014 | -21.96% | -11.70% | 0.59x | 3.17x | NT$-283.13 Million |
| 2015 | -10.64% | -4.56% | 0.63x | 3.71x | NT$-162.14 Million |
| 2016 | -37.72% | -13.31% | 0.51x | 5.51x | NT$-267.93 Million |
| 2017 | -49.78% | -16.88% | 0.49x | 5.99x | NT$-328.87 Million |
| 2018 | 63.48% | 55.70% | 0.63x | 1.81x | NT$762.16 Million |
| 2019 | -30.13% | -22.65% | 0.50x | 2.64x | NT$-442.52 Million |
| 2020 | -35.51% | -19.36% | 0.63x | 2.90x | NT$-374.58 Million |
| 2021 | -21.76% | -10.50% | 0.65x | 3.18x | NT$-236.96 Million |
| 2022 | -51.23% | -20.14% | 0.63x | 4.05x | NT$-382.29 Million |
| 2023 | -91.32% | -26.04% | 0.60x | 5.80x | NT$-334.49 Million |
| 2024 | 19.77% | 6.91% | 0.82x | 3.51x | NT$55.56 Million |
| 2025 | -6.75% | -2.07% | 1.08x | 3.01x | NT$-77.68 Million |
Industry Comparison
This section compares Tah Tong 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: $12,954,660,600
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tah Tong Textile Co Ltd (1441) | NT$463.64 Million | 0.16% | 2.01x | $20.86 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 |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.21 Billion | 24.85% | 1.03x | $102.90 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 Tah Tong Textile Co Ltd
Tah Tong Textile Co., Ltd., together with its subsidiaries, produces and sells yarns and fabrics in Taiwan. It provides cotton yarns and T/C blended yarns, chemical fiber yarns, grey fabrics, finished fabrics and knitted fabrics. The company also offers standard ring, core-spun and dual core spun, special core-spun, slub, and untwisted yarn, as well as flame-retardant and flame-resistant yarns, a… Read more