Everest Textile Co Ltd
Everest Textile Co., Ltd. engages in the manufacturing, processing, pulping, and finishing of various textiles in Taiwan. It provides textured yarn, including mechanical stretch, melange air covering, air covering, worsted wool like, cottony touch, thick and thin series, SLUB and NEP, upholstery compound, fine denier mélange, fine denier thick and thin, new linen like, and for knitting yarn. The … Read more
Everest Textile Co Ltd (1460) - Net Assets
Latest net assets as of September 2025: NT$5.49 Billion TWD
Based on the latest financial reports, Everest Textile Co Ltd (1460) has net assets worth NT$5.49 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$11.24 Billion) and total liabilities (NT$5.75 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$5.49 Billion |
| % of Total Assets | 48.85% |
| Annual Growth Rate | -0.05% |
| 5-Year Change | 53.59% |
| 10-Year Change | 21.53% |
| Growth Volatility | 19.76 |
Everest Textile Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Everest 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 Everest Textile Co Ltd (2002–2024)
The table below shows the annual net assets of Everest Textile Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.85 Billion | -0.37% |
| 2023-12-31 | NT$5.87 Billion | -16.82% |
| 2022-12-31 | NT$7.05 Billion | +3.49% |
| 2021-12-31 | NT$6.82 Billion | +79.09% |
| 2020-12-31 | NT$3.81 Billion | -21.36% |
| 2019-12-31 | NT$4.84 Billion | -6.16% |
| 2018-12-31 | NT$5.16 Billion | +6.25% |
| 2017-12-31 | NT$4.85 Billion | -0.16% |
| 2016-12-31 | NT$4.86 Billion | +1.07% |
| 2015-12-31 | NT$4.81 Billion | +0.63% |
| 2014-12-31 | NT$4.78 Billion | +6.72% |
| 2013-12-31 | NT$4.48 Billion | +4.86% |
| 2012-12-31 | NT$4.27 Billion | +15.07% |
| 2011-12-31 | NT$3.71 Billion | +7.37% |
| 2010-12-31 | NT$3.46 Billion | -29.27% |
| 2009-12-31 | NT$4.89 Billion | +0.86% |
| 2008-12-31 | NT$4.85 Billion | -10.79% |
| 2007-12-31 | NT$5.43 Billion | +4.82% |
| 2006-12-31 | NT$5.18 Billion | -0.95% |
| 2005-12-31 | NT$5.23 Billion | +1.04% |
| 2004-12-31 | NT$5.18 Billion | +2.20% |
| 2003-12-31 | NT$5.07 Billion | -14.18% |
| 2002-12-31 | NT$5.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Everest 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 437.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$6.95 Billion | 118.82% |
| Other Comprehensive Income | NT$528.38 Million | 9.04% |
| Total Equity | NT$5.85 Billion | 100.00% |
Everest Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Everest Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Excellence Optoelectronic Inc
TW:6288
|
$88.63 Million |
|
ReneSola Ltd
F:VQKB
|
$88.68 Million |
|
Expert.ai S.p.A
OTCGREY:EXSPF
|
$88.73 Million |
|
Oroco Resource Corp
OTCQB:ORRCF
|
$88.78 Million |
|
Formosa Optical Technology Co Ltd
TWO:5312
|
$88.60 Million |
|
Park City Group Inc
F:PJ4A
|
$88.56 Million |
|
THONBURI HEALTHCARE GRO-NVDR
BK:THG-R
|
$88.55 Million |
|
Fenix Resources Limited
F:4ER
|
$88.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everest Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,867,804,000 to 5,846,227,000, a change of -21,577,000 (-0.4%).
- Net loss of 278,266,000 reduced equity.
- Other comprehensive income increased equity by 216,136,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-278.27 Million | -4.76% |
| Other Comprehensive Income | NT$216.14 Million | +3.7% |
| Other Changes | NT$40.55 Million | +0.69% |
| Total Change | NT$- | -0.37% |
Book Value vs Market Value Analysis
This analysis compares Everest 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: 0.80x
- 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 0.55x to 0.80x 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$12.52 | NT$6.90 | x |
| 2007-12-31 | NT$12.34 | NT$6.90 | x |
| 2008-12-31 | NT$11.01 | NT$6.90 | x |
| 2009-12-31 | NT$12.35 | NT$6.90 | x |
| 2010-12-31 | NT$8.80 | NT$6.90 | x |
| 2011-12-31 | NT$9.45 | NT$6.90 | x |
| 2012-12-31 | NT$10.88 | NT$6.90 | x |
| 2013-12-31 | NT$11.41 | NT$6.90 | x |
| 2014-12-31 | NT$12.15 | NT$6.90 | x |
| 2015-12-31 | NT$12.21 | NT$6.90 | x |
| 2016-12-31 | NT$12.34 | NT$6.90 | x |
| 2017-12-31 | NT$12.34 | NT$6.90 | x |
| 2018-12-31 | NT$12.91 | NT$6.90 | x |
| 2019-12-31 | NT$12.06 | NT$6.90 | x |
| 2020-12-31 | NT$9.48 | NT$6.90 | x |
| 2021-12-31 | NT$14.73 | NT$6.90 | x |
| 2022-12-31 | NT$10.46 | NT$6.90 | x |
| 2023-12-31 | NT$8.70 | NT$6.90 | x |
| 2024-12-31 | NT$8.67 | NT$6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everest Textile Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.37%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.10x
- Recent ROE (-4.76%) is below the historical average (-1.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.38% | 1.54% | 0.59x | 1.51x | NT$-509.18 Million |
| 2004 | 3.98% | 3.10% | 0.82x | 1.56x | NT$-312.03 Million |
| 2006 | 1.46% | 1.30% | 0.61x | 1.82x | NT$-442.89 Million |
| 2007 | 2.13% | 1.59% | 0.81x | 1.66x | NT$-427.80 Million |
| 2008 | -10.80% | -8.54% | 0.70x | 1.82x | NT$-1.01 Billion |
| 2009 | 0.13% | 0.11% | 0.64x | 1.77x | NT$-482.73 Million |
| 2010 | -40.93% | -23.02% | 0.71x | 2.51x | NT$-1.76 Billion |
| 2011 | 5.50% | 2.72% | 0.89x | 2.28x | NT$-167.06 Million |
| 2012 | 13.58% | 7.86% | 0.87x | 1.99x | NT$152.97 Million |
| 2013 | 5.13% | 3.01% | 0.90x | 1.90x | NT$-218.21 Million |
| 2014 | 7.82% | 4.58% | 0.92x | 1.86x | NT$-104.09 Million |
| 2015 | 9.39% | 5.51% | 0.85x | 2.01x | NT$-29.55 Million |
| 2016 | 10.79% | 5.95% | 0.90x | 2.02x | NT$38.19 Million |
| 2017 | 4.43% | 2.43% | 0.74x | 2.45x | NT$-270.32 Million |
| 2018 | 3.05% | 1.67% | 0.75x | 2.42x | NT$-358.43 Million |
| 2019 | -5.62% | -3.07% | 0.66x | 2.79x | NT$-755.97 Million |
| 2020 | -24.62% | -12.76% | 0.54x | 3.56x | NT$-1.32 Billion |
| 2021 | 2.67% | 1.82% | 0.69x | 2.14x | NT$-499.81 Million |
| 2022 | 0.31% | 0.22% | 0.65x | 2.12x | NT$-683.63 Million |
| 2023 | -20.65% | -15.46% | 0.63x | 2.10x | NT$-1.80 Billion |
| 2024 | -4.76% | -3.37% | 0.67x | 2.10x | NT$-862.89 Million |
Industry Comparison
This section compares Everest 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 |
|---|---|---|---|---|
| Everest Textile Co Ltd (1460) | NT$5.49 Billion | 1.38% | 1.05x | $88.63 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 |