Chyang Sheng Dyeing & Finishing Co Ltd
Chyang Sheng Texing Co., Ltd. provides natural and man-made fiber dyeing and finishing products and services in Asia. The company was formerly known as Chyang Sheng Dyeing & Finishing Co., Ltd. and changed its name to Chyang Sheng Texing Co., Ltd. in August 2024. The company was founded in 1983 and is headquartered in Taoyuan City, Taiwan.
Chyang Sheng Dyeing & Finishing Co Ltd (1463) - Net Assets
Latest net assets as of September 2025: NT$2.82 Billion TWD
Based on the latest financial reports, Chyang Sheng Dyeing & Finishing Co Ltd (1463) has net assets worth NT$2.82 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$3.57 Billion) and total liabilities (NT$752.75 Million). 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$2.82 Billion |
| % of Total Assets | 78.93% |
| Annual Growth Rate | 1.61% |
| 5-Year Change | 27.43% |
| 10-Year Change | 39.57% |
| Growth Volatility | 9.26 |
Chyang Sheng Dyeing & Finishing Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Chyang Sheng Dyeing & Finishing 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 Chyang Sheng Dyeing & Finishing Co Ltd (2002–2024)
The table below shows the annual net assets of Chyang Sheng Dyeing & Finishing Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.86 Billion | +20.44% |
| 2023-12-31 | NT$2.38 Billion | +2.44% |
| 2022-12-31 | NT$2.32 Billion | +1.72% |
| 2021-12-31 | NT$2.28 Billion | +1.53% |
| 2020-12-31 | NT$2.25 Billion | -2.70% |
| 2019-12-31 | NT$2.31 Billion | -5.05% |
| 2018-12-31 | NT$2.43 Billion | -11.36% |
| 2017-12-31 | NT$2.75 Billion | +2.29% |
| 2016-12-31 | NT$2.68 Billion | +30.76% |
| 2015-12-31 | NT$2.05 Billion | +1.09% |
| 2014-12-31 | NT$2.03 Billion | -5.46% |
| 2013-12-31 | NT$2.15 Billion | +3.05% |
| 2012-12-31 | NT$2.08 Billion | +8.60% |
| 2011-12-31 | NT$1.92 Billion | +1.27% |
| 2010-12-31 | NT$1.89 Billion | -0.66% |
| 2009-12-31 | NT$1.91 Billion | +9.21% |
| 2008-12-31 | NT$1.75 Billion | -8.11% |
| 2007-12-31 | NT$1.90 Billion | -10.38% |
| 2006-12-31 | NT$2.12 Billion | -3.33% |
| 2005-12-31 | NT$2.19 Billion | +2.76% |
| 2004-12-31 | NT$2.14 Billion | +6.26% |
| 2003-12-31 | NT$2.01 Billion | -0.24% |
| 2002-12-31 | NT$2.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chyang Sheng Dyeing & Finishing 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 52489400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$524.89 Million | 19.09% |
| Common Stock | NT$1.73 Billion | 63.03% |
| Other Comprehensive Income | NT$318.17 Million | 11.57% |
| Other Components | NT$173.12 Million | 6.30% |
| Total Equity | NT$2.75 Billion | 100.00% |
Chyang Sheng Dyeing & Finishing Co Ltd Competitors by Market Cap
The table below lists competitors of Chyang Sheng Dyeing & Finishing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT BISI International Tbk
STU:4FM
|
$38.04 Million |
|
Vasta Platform Ltd
NASDAQ:VSTA
|
$38.05 Million |
|
SNC Former Public Company Limited
BK:SNC
|
$38.05 Million |
|
SWK Holdings Corp
NASDAQ:SWKH
|
$38.05 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
$38.03 Million |
|
Touchstone Exploration Inc
PINK:PBEGF
|
$38.03 Million |
|
Can Don Hydro Power JSC
VN:SJD
|
$38.02 Million |
|
Hengs Technology Co., Ltd.
TWO:4582
|
$38.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chyang Sheng Dyeing & Finishing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,273,265,000 to 2,748,866,000, a change of 475,601,000 (20.9%).
- Net income of 539,139,000 contributed positively to equity growth.
- Dividend payments of 82,198,000 reduced retained earnings.
- Other comprehensive income increased equity by 312,260,000.
- Other factors decreased equity by 293,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$539.14 Million | +19.61% |
| Dividends Paid | NT$82.20 Million | -2.99% |
| Other Comprehensive Income | NT$312.26 Million | +11.36% |
| Other Changes | NT$-293.60 Million | -10.68% |
| Total Change | NT$- | 20.92% |
Book Value vs Market Value Analysis
This analysis compares Chyang Sheng Dyeing & Finishing 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: 1.07x
- 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 1.59x to 1.07x 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$11.23 | NT$17.90 | x |
| 2010-12-31 | NT$11.16 | NT$17.90 | x |
| 2011-12-31 | NT$11.31 | NT$17.90 | x |
| 2012-12-31 | NT$11.40 | NT$17.90 | x |
| 2013-12-31 | NT$11.75 | NT$17.90 | x |
| 2014-12-31 | NT$11.93 | NT$17.90 | x |
| 2015-12-31 | NT$12.05 | NT$17.90 | x |
| 2016-12-31 | NT$15.10 | NT$17.90 | x |
| 2017-12-31 | NT$15.39 | NT$17.90 | x |
| 2018-12-31 | NT$14.02 | NT$17.90 | x |
| 2019-12-31 | NT$13.42 | NT$17.90 | x |
| 2020-12-31 | NT$13.04 | NT$17.90 | x |
| 2021-12-31 | NT$13.26 | NT$17.90 | x |
| 2022-12-31 | NT$13.50 | NT$17.90 | x |
| 2023-12-31 | NT$13.82 | NT$17.90 | x |
| 2024-12-31 | NT$16.70 | NT$17.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chyang Sheng Dyeing & Finishing Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 83.83%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.30x
- Recent ROE (19.61%) is above the historical average (7.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 7.88% | 11.93% | 0.49x | 1.34x | NT$-45.23 Million |
| 2005 | 0.95% | 1.64% | 0.44x | 1.32x | NT$-187.45 Million |
| 2009 | 8.45% | 14.88% | 0.48x | 1.19x | NT$-28.19 Million |
| 2010 | 0.51% | 1.25% | 0.34x | 1.19x | NT$-171.31 Million |
| 2011 | 1.53% | 4.10% | 0.29x | 1.26x | NT$-155.00 Million |
| 2012 | -1.99% | -5.45% | 0.23x | 1.57x | NT$-221.25 Million |
| 2013 | 2.84% | 5.81% | 0.28x | 1.73x | NT$-136.13 Million |
| 2014 | 5.29% | 19.13% | 0.16x | 1.69x | NT$-90.95 Million |
| 2015 | 4.22% | 16.17% | 0.14x | 1.83x | NT$-112.79 Million |
| 2016 | 26.06% | 30.21% | 0.57x | 1.51x | NT$394.15 Million |
| 2017 | 22.66% | 33.21% | 0.56x | 1.22x | NT$319.27 Million |
| 2018 | 11.52% | 27.34% | 0.36x | 1.17x | NT$35.18 Million |
| 2019 | 5.19% | 20.70% | 0.22x | 1.16x | NT$-106.17 Million |
| 2020 | 2.51% | 12.21% | 0.17x | 1.23x | NT$-160.57 Million |
| 2021 | 3.70% | 17.67% | 0.17x | 1.26x | NT$-137.33 Million |
| 2022 | 3.09% | 13.85% | 0.18x | 1.27x | NT$-153.41 Million |
| 2023 | 4.72% | 30.87% | 0.12x | 1.29x | NT$-120.05 Million |
| 2024 | 19.61% | 83.83% | 0.18x | 1.30x | NT$264.25 Million |
Industry Comparison
This section compares Chyang Sheng Dyeing & Finishing 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 |
|---|---|---|---|---|
| Chyang Sheng Dyeing & Finishing Co Ltd (1463) | NT$2.82 Billion | 7.88% | 0.27x | $38.03 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 |