Nien Hsing Textile Co Ltd
Nien Hsing Textile Co., Ltd. engages in the manufacture and distribution of denim fabric and apparel in Taiwan and internationally. The company offers denim textiles and jeanswear, as well as yarn for denim, knits, woven fabrics, and towels. It also engages in the investment business. The company was founded in 1986 and is based in Taipei, Taiwan.
Nien Hsing Textile Co Ltd (1451) - Net Assets
Latest net assets as of September 2025: NT$7.24 Billion TWD
Based on the latest financial reports, Nien Hsing Textile Co Ltd (1451) has net assets worth NT$7.24 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$8.45 Billion) and total liabilities (NT$1.20 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$7.24 Billion |
| % of Total Assets | 85.75% |
| Annual Growth Rate | -0.09% |
| 5-Year Change | -1.93% |
| 10-Year Change | -28.9% |
| Growth Volatility | 10.56 |
Nien Hsing Textile Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Nien Hsing 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 Nien Hsing Textile Co Ltd (2000–2024)
The table below shows the annual net assets of Nien Hsing Textile Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.13 Billion | +3.16% |
| 2023-12-31 | NT$6.91 Billion | -9.11% |
| 2022-12-31 | NT$7.60 Billion | +2.39% |
| 2021-12-31 | NT$7.43 Billion | +2.15% |
| 2020-12-31 | NT$7.27 Billion | +0.96% |
| 2019-12-31 | NT$7.20 Billion | -6.01% |
| 2018-12-31 | NT$7.66 Billion | +5.62% |
| 2017-12-31 | NT$7.25 Billion | -26.90% |
| 2016-12-31 | NT$9.92 Billion | -1.04% |
| 2015-12-31 | NT$10.03 Billion | -1.91% |
| 2014-12-31 | NT$10.22 Billion | -2.06% |
| 2013-12-31 | NT$10.44 Billion | +1.91% |
| 2012-12-31 | NT$10.24 Billion | -9.42% |
| 2011-12-31 | NT$11.31 Billion | -8.03% |
| 2010-12-31 | NT$12.29 Billion | +1.88% |
| 2009-12-31 | NT$12.07 Billion | +15.59% |
| 2008-12-31 | NT$10.44 Billion | -15.64% |
| 2007-12-31 | NT$12.37 Billion | +1.51% |
| 2006-12-31 | NT$12.19 Billion | +16.21% |
| 2005-12-31 | NT$10.49 Billion | +1.18% |
| 2004-12-31 | NT$10.37 Billion | -0.33% |
| 2003-12-31 | NT$10.40 Billion | +4.62% |
| 2002-12-31 | NT$9.94 Billion | +6.50% |
| 2001-12-31 | NT$9.34 Billion | +28.29% |
| 2000-12-31 | NT$7.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nien Hsing 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 297.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.22 Billion | 73.16% |
| Common Stock | NT$2.05 Billion | 28.78% |
| Other Comprehensive Income | NT$-557.71 Million | -7.82% |
| Other Components | NT$419.72 Million | 5.89% |
| Total Equity | NT$7.13 Billion | 100.00% |
Nien Hsing Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Nien Hsing Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Waldencast Acquisition Corp
NASDAQ:WALD
|
$58.88 Million |
|
Soechi Lines Tbk
JK:SOCI
|
$58.89 Million |
|
Jade Biosciences, Inc.
NASDAQ:JBIO
|
$58.91 Million |
|
Akwel SA
PA:AKW
|
$58.97 Million |
|
Log-In Logística Intermodal S.A
SA:LOGN3
|
$58.83 Million |
|
YTO Express (International) Holdings Limited
PINK:YTOEF
|
$58.83 Million |
|
J Resources Asia Pasifik Tbk
JK:PSAB
|
$58.79 Million |
|
CO2 Energy Transition Corp. Unit
NASDAQ:NOEMU
|
$58.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nien Hsing Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,910,633,000 to 7,129,214,000, a change of 218,581,000 (3.2%).
- Net income of 242,169,000 contributed positively to equity growth.
- Dividend payments of 103,105,000 reduced retained earnings.
- Share repurchases of 14,950,000 reduced equity.
- Other comprehensive income decreased equity by 3,043,617,000.
- Other factors increased equity by 3,138,084,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$242.17 Million | +3.4% |
| Dividends Paid | NT$103.11 Million | -1.45% |
| Share Repurchases | NT$14.95 Million | -0.21% |
| Other Comprehensive Income | NT$-3.04 Billion | -42.69% |
| Other Changes | NT$3.14 Billion | +44.02% |
| Total Change | NT$- | 3.16% |
Book Value vs Market Value Analysis
This analysis compares Nien Hsing 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: 0.50x
- 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 increased from 0.29x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$60.76 | NT$17.80 | x |
| 2007-12-31 | NT$61.68 | NT$17.80 | x |
| 2008-12-31 | NT$52.26 | NT$17.80 | x |
| 2009-12-31 | NT$56.78 | NT$17.80 | x |
| 2010-12-31 | NT$51.29 | NT$17.80 | x |
| 2011-12-31 | NT$46.72 | NT$17.80 | x |
| 2012-12-31 | NT$44.21 | NT$17.80 | x |
| 2013-12-31 | NT$49.59 | NT$17.80 | x |
| 2014-12-31 | NT$51.21 | NT$17.80 | x |
| 2015-12-31 | NT$50.22 | NT$17.80 | x |
| 2016-12-31 | NT$49.52 | NT$17.80 | x |
| 2017-12-31 | NT$35.48 | NT$17.80 | x |
| 2018-12-31 | NT$38.64 | NT$17.80 | x |
| 2019-12-31 | NT$36.37 | NT$17.80 | x |
| 2020-12-31 | NT$36.71 | NT$17.80 | x |
| 2021-12-31 | NT$37.48 | NT$17.80 | x |
| 2022-12-31 | NT$38.05 | NT$17.80 | x |
| 2023-12-31 | NT$34.90 | NT$17.80 | x |
| 2024-12-31 | NT$35.35 | NT$17.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nien Hsing 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): 3.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.18x
- Recent ROE (3.40%) is below the historical average (7.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 15.87% | 13.85% | 0.76x | 1.50x | NT$426.04 Million |
| 2001 | 16.85% | 15.84% | 0.84x | 1.27x | NT$634.21 Million |
| 2002 | 19.69% | 18.79% | 0.80x | 1.31x | NT$962.93 Million |
| 2003 | 18.80% | 16.30% | 0.88x | 1.31x | NT$915.45 Million |
| 2004 | 14.68% | 11.43% | 0.86x | 1.49x | NT$485.68 Million |
| 2005 | 12.97% | 11.00% | 0.74x | 1.60x | NT$311.37 Million |
| 2006 | 11.47% | 9.47% | 0.89x | 1.37x | NT$178.75 Million |
| 2007 | 10.25% | 8.50% | 0.89x | 1.36x | NT$31.34 Million |
| 2008 | 1.01% | 0.77% | 0.94x | 1.40x | NT$-938.44 Million |
| 2009 | 10.12% | 10.14% | 0.82x | 1.22x | NT$14.86 Million |
| 2010 | 11.83% | 11.23% | 0.85x | 1.24x | NT$223.37 Million |
| 2011 | 6.75% | 5.77% | 0.89x | 1.31x | NT$-364.55 Million |
| 2012 | 7.49% | 5.77% | 1.00x | 1.30x | NT$-255.03 Million |
| 2013 | 7.71% | 5.74% | 0.96x | 1.39x | NT$-236.81 Million |
| 2014 | 6.90% | 5.30% | 0.95x | 1.37x | NT$-315.12 Million |
| 2015 | 6.78% | 5.27% | 0.94x | 1.36x | NT$-320.45 Million |
| 2016 | 7.43% | 5.63% | 0.99x | 1.33x | NT$-252.86 Million |
| 2017 | 3.88% | 3.11% | 0.84x | 1.48x | NT$-443.81 Million |
| 2018 | 5.24% | 4.56% | 0.87x | 1.31x | NT$-364.66 Million |
| 2019 | -0.97% | -0.81% | 0.92x | 1.30x | NT$-789.84 Million |
| 2020 | -5.82% | -6.03% | 0.78x | 1.24x | NT$-1.15 Billion |
| 2021 | 3.27% | 3.03% | 0.89x | 1.22x | NT$-499.87 Million |
| 2022 | 5.61% | 4.90% | 0.95x | 1.21x | NT$-333.85 Million |
| 2023 | -5.25% | -5.71% | 0.79x | 1.16x | NT$-1.05 Billion |
| 2024 | 3.40% | 3.77% | 0.76x | 1.18x | NT$-470.75 Million |
Industry Comparison
This section compares Nien Hsing 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 |
|---|---|---|---|---|
| Nien Hsing Textile Co Ltd (1451) | NT$7.24 Billion | 15.87% | 0.17x | $58.85 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 |