Universal Textile Co Ltd
Universal Textile Co., Ltd. manufactures and sells various processed yarns and synthetic fiber fabrics in Taiwan. The company operates through Textile and Textured yarn segments. It offers products, such as polyester filament fabrics, T/R mixed weave fabrics, elastic fabrics, etc, as well as produces polyester processed yarn. The company provides wool, linen, and cotton, as well as special cross-… Read more
Universal Textile Co Ltd (1445) - Net Assets
Latest net assets as of September 2025: NT$2.28 Billion TWD
Based on the latest financial reports, Universal Textile Co Ltd (1445) has net assets worth NT$2.28 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$4.67 Billion) and total liabilities (NT$2.38 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$2.28 Billion |
| % of Total Assets | 48.95% |
| Annual Growth Rate | 1.0% |
| 5-Year Change | 50.7% |
| 10-Year Change | 23.72% |
| Growth Volatility | 14.42 |
Universal Textile Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Universal Textile 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 Universal Textile Co Ltd (2002–2024)
The table below shows the annual net assets of Universal Textile Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.40 Billion | -10.89% |
| 2023-12-31 | NT$2.69 Billion | +64.95% |
| 2022-12-31 | NT$1.63 Billion | -0.81% |
| 2021-12-31 | NT$1.65 Billion | +3.36% |
| 2020-12-31 | NT$1.59 Billion | -4.90% |
| 2019-12-31 | NT$1.68 Billion | -4.65% |
| 2018-12-31 | NT$1.76 Billion | -5.76% |
| 2017-12-31 | NT$1.86 Billion | -2.29% |
| 2016-12-31 | NT$1.91 Billion | -1.68% |
| 2015-12-31 | NT$1.94 Billion | +3.43% |
| 2014-12-31 | NT$1.88 Billion | -2.88% |
| 2013-12-31 | NT$1.93 Billion | +0.81% |
| 2012-12-31 | NT$1.92 Billion | -0.20% |
| 2011-12-31 | NT$1.92 Billion | +0.35% |
| 2010-12-31 | NT$1.91 Billion | +4.79% |
| 2009-12-31 | NT$1.83 Billion | +0.52% |
| 2008-12-31 | NT$1.82 Billion | -8.00% |
| 2007-12-31 | NT$1.97 Billion | +9.14% |
| 2006-12-31 | NT$1.81 Billion | +0.29% |
| 2005-12-31 | NT$1.80 Billion | -2.53% |
| 2004-12-31 | NT$1.85 Billion | -2.35% |
| 2003-12-31 | NT$1.90 Billion | -1.69% |
| 2002-12-31 | NT$1.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Universal 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 71157100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$711.57 Million | 29.64% |
| Common Stock | NT$1.31 Billion | 54.43% |
| Other Comprehensive Income | NT$382.29 Million | 15.93% |
| Total Equity | NT$2.40 Billion | 100.00% |
Universal Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Universal Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Borosil Scientific
NSE:BOROSCI
|
$28.77 Million |
|
Kao Hsiung Chang Iron & Steel Corp
TW:2008
|
$28.78 Million |
|
Snowman Logistics Limited
NSE:SNOWMAN
|
$28.78 Million |
|
Hae In
KO:003010
|
$28.80 Million |
|
Ohmyhome Limited Ordinary Shares
NASDAQ:OMH
|
$28.74 Million |
|
MIRC Electronics Limited
NSE:MIRCELECTR
|
$28.74 Million |
|
Golden Energy Offshore Services AS
OTCQB:GEOUF
|
$28.74 Million |
|
Dogusan Boru Sanayi ve Ticaret AS
IS:DOGUB
|
$28.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Universal Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,693,760,000 to 2,400,519,000, a change of -293,241,000 (-10.9%).
- Net loss of 198,601,000 reduced equity.
- Dividend payments of 326,665,000 reduced retained earnings.
- Other comprehensive income increased equity by 134,031,000.
- Other factors increased equity by 97,994,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-198.60 Million | -8.27% |
| Dividends Paid | NT$326.67 Million | -13.61% |
| Other Comprehensive Income | NT$134.03 Million | +5.58% |
| Other Changes | NT$97.99 Million | +4.08% |
| Total Change | NT$- | -10.89% |
Book Value vs Market Value Analysis
This analysis compares Universal 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: 0.70x
- 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 1.02x to 0.70x 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$12.54 | NT$12.80 | x |
| 2010-12-31 | NT$13.57 | NT$12.80 | x |
| 2011-12-31 | NT$13.79 | NT$12.80 | x |
| 2012-12-31 | NT$13.80 | NT$12.80 | x |
| 2013-12-31 | NT$13.92 | NT$12.80 | x |
| 2014-12-31 | NT$13.52 | NT$12.80 | x |
| 2015-12-31 | NT$13.96 | NT$12.80 | x |
| 2016-12-31 | NT$13.73 | NT$12.80 | x |
| 2017-12-31 | NT$13.44 | NT$12.80 | x |
| 2018-12-31 | NT$12.71 | NT$12.80 | x |
| 2019-12-31 | NT$12.63 | NT$12.80 | x |
| 2020-12-31 | NT$12.14 | NT$12.80 | x |
| 2021-12-31 | NT$12.60 | NT$12.80 | x |
| 2022-12-31 | NT$12.50 | NT$12.80 | x |
| 2023-12-31 | NT$20.45 | NT$12.80 | x |
| 2024-12-31 | NT$18.37 | NT$12.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Universal Textile Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.08%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.15x
- Recent ROE (-8.27%) is below the historical average (2.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 1.52% | 1.32% | 0.98x | 1.18x | NT$-153.94 Million |
| 2009 | 2.39% | 2.30% | 0.86x | 1.20x | NT$-138.90 Million |
| 2010 | 5.82% | 5.13% | 0.96x | 1.18x | NT$-80.07 Million |
| 2011 | 5.39% | 4.48% | 0.98x | 1.23x | NT$-88.50 Million |
| 2012 | 1.21% | 1.14% | 0.88x | 1.21x | NT$-168.34 Million |
| 2013 | 3.38% | 3.13% | 0.89x | 1.21x | NT$-127.88 Million |
| 2014 | 1.55% | 1.52% | 0.85x | 1.19x | NT$-158.54 Million |
| 2015 | 4.62% | 4.87% | 0.79x | 1.20x | NT$-104.37 Million |
| 2016 | 3.29% | 3.75% | 0.73x | 1.21x | NT$-127.93 Million |
| 2017 | 0.67% | 0.77% | 0.73x | 1.19x | NT$-173.96 Million |
| 2018 | -1.38% | -1.54% | 0.74x | 1.21x | NT$-199.83 Million |
| 2019 | -2.40% | -2.94% | 0.68x | 1.21x | NT$-207.78 Million |
| 2020 | -3.64% | -6.31% | 0.47x | 1.24x | NT$-217.20 Million |
| 2021 | -1.53% | -2.01% | 0.62x | 1.22x | NT$-189.83 Million |
| 2022 | 0.67% | 0.73% | 0.71x | 1.30x | NT$-152.32 Million |
| 2023 | 37.43% | 72.98% | 0.45x | 1.15x | NT$739.00 Million |
| 2024 | -8.27% | -20.08% | 0.36x | 1.15x | NT$-438.65 Million |
Industry Comparison
This section compares Universal 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: $10,082,241,600
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Universal Textile Co Ltd (1445) | NT$2.28 Billion | 1.52% | 1.04x | $28.75 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.11 Billion | 9.38% | 1.04x | $159.74 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.12 Billion | 13.50% | 1.05x | $17.61 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $152.57 Million |
| Far Eastern New Century Corp (1402) | $69.12 Billion | 1.05% | 1.32x | $2.98 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $14.05 Billion | 3.65% | 0.92x | $539.09 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.26 Billion | 8.25% | 0.21x | $41.23 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $895.15 Million | 13.02% | 1.59x | $18.51 Million |
| Tung Ho Textile Co Ltd (1414) | $1.54 Billion | -19.15% | 2.15x | $46.96 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $2.35 Billion | 0.00% | 0.89x | $10.53 Million |
| Shinkong Textile Co Ltd (1419) | $6.62 Billion | 3.47% | 0.46x | $306.86 Million |