Tex-Ray Industrial Co Ltd Net Assets
Tex-Ray Industrial Co Ltd net assets. Based on the latest financial reports, Tex-Ray Industrial Co Ltd (1467) has net assets worth NT$3.01 Billion TWD (≈ $94.91 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.14 Billion ≈ $287.90 Million USD) and total liabilities (NT$6.13 Billion ≈ $193.00 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. Also explore net asset momentum of Tex-Ray Industrial Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.01 Billion |
| % of Total Assets | 32.96% |
| Annual Growth Rate | 3.67% |
| 5-Year Change | -4.25% |
| 10-Year Change | 24.39% |
| Growth Volatility | 13.97 |
Net Assets of Tex-Ray Industrial Co Ltd (2002–2025)
Net assets of Tex-Ray Industrial Co Ltd from 2002 to 2025. This chart illustrates how Tex-Ray Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Tex-Ray Industrial Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Tex-Ray Industrial Co Ltd (2002–2025)
The table below shows the annual net assets of Tex-Ray Industrial Co Ltd from 2002 to 2025. For live market cap and overall valuation, see 1467 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.97 Billion ≈ $93.72 Million |
-0.72% |
| 2024-12-31 | NT$3.00 Billion ≈ $94.39 Million |
+3.22% |
| 2023-12-31 | NT$2.90 Billion ≈ $91.45 Million |
-9.83% |
| 2022-12-31 | NT$3.22 Billion ≈ $101.41 Million |
+3.61% |
| 2021-12-31 | NT$3.11 Billion ≈ $97.88 Million |
-6.76% |
| 2020-12-31 | NT$3.33 Billion ≈ $104.98 Million |
+29.69% |
| 2019-12-31 | NT$2.57 Billion ≈ $80.94 Million |
+1.34% |
| 2018-12-31 | NT$2.54 Billion ≈ $79.87 Million |
+14.33% |
| 2017-12-31 | NT$2.22 Billion ≈ $69.86 Million |
-7.28% |
| 2016-12-31 | NT$2.39 Billion ≈ $75.34 Million |
-12.84% |
| 2015-12-31 | NT$2.74 Billion ≈ $86.45 Million |
-12.38% |
| 2014-12-31 | NT$3.13 Billion ≈ $98.66 Million |
+31.99% |
| 2013-12-31 | NT$2.37 Billion ≈ $74.75 Million |
-8.63% |
| 2012-12-31 | NT$2.60 Billion ≈ $81.80 Million |
+8.32% |
| 2011-12-31 | NT$2.40 Billion ≈ $75.52 Million |
+24.47% |
| 2010-12-31 | NT$1.93 Billion ≈ $60.67 Million |
+2.42% |
| 2009-12-31 | NT$1.88 Billion ≈ $59.24 Million |
+5.81% |
| 2008-12-31 | NT$1.78 Billion ≈ $55.98 Million |
-15.49% |
| 2007-12-31 | NT$2.10 Billion ≈ $66.25 Million |
+0.47% |
| 2006-12-31 | NT$2.09 Billion ≈ $65.93 Million |
+11.91% |
| 2005-12-31 | NT$1.87 Billion ≈ $58.92 Million |
+14.03% |
| 2004-12-31 | NT$1.64 Billion ≈ $51.67 Million |
-3.44% |
| 2003-12-31 | NT$1.70 Billion ≈ $53.51 Million |
+30.79% |
| 2002-12-31 | NT$1.30 Billion ≈ $40.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tex-Ray Industrial 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 26.7% over the analyzed period, indicating profitable operations and earnings retention.
Tex-Ray Industrial Co Ltd Net Assets Breakdown (December 2025)
Tex-Ray Industrial Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$103.41 Million | 3.56% |
| Common Stock | NT$2.34 Billion | 80.39% |
| Other Comprehensive Income | NT$366.94 Million | 12.63% |
| Other Components | NT$99.54 Million | 3.43% |
| Total Equity | NT$2.91 Billion | 100.00% |
Tex-Ray Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Tex-Ray Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Konya Kagit Sanayi ve Ticaret AS
IS:KONKA
|
$55.38 Million |
|
Optivision Technology
TWO:3666
|
$55.46 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$55.49 Million |
|
Star Media Group Bhd
KLSE:6084
|
$55.50 Million |
|
Autopistas del Sol
BA:AUSO
|
$55.34 Million |
|
Rafael Holdings, Inc.
NYSE:RFL
|
$55.32 Million |
|
LTR Pharma Ltd
AU:LTP
|
$55.31 Million |
|
Fy Grp Ltd
TW:6807
|
$55.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tex-Ray Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,890,257,000 to 2,906,135,000, a change of 15,878,000 (0.5%).
- Net loss of 105,301,000 reduced equity.
- Share repurchases of 26,145,000 reduced equity.
- Other comprehensive income increased equity by 272,586,999.
- Other factors decreased equity by 125,262,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-105.30 Million | -3.62% |
| Share Repurchases | NT$26.14 Million | -0.9% |
| Other Comprehensive Income | NT$272.59 Million | +9.38% |
| Other Changes | NT$-125.26 Million | -4.31% |
| Total Change | NT$- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Tex-Ray Industrial 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: 0.61x
- 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 0.73x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$10.45 | NT$7.62 | x |
| 2005-12-31 | NT$10.51 | NT$7.62 | x |
| 2006-12-31 | NT$13.35 | NT$7.62 | x |
| 2007-12-31 | NT$12.10 | NT$7.62 | x |
| 2008-12-31 | NT$9.40 | NT$7.62 | x |
| 2009-12-31 | NT$10.21 | NT$7.62 | x |
| 2010-12-31 | NT$10.53 | NT$7.62 | x |
| 2011-12-31 | NT$11.08 | NT$7.62 | x |
| 2012-12-31 | NT$11.24 | NT$7.62 | x |
| 2013-12-31 | NT$11.12 | NT$7.62 | x |
| 2014-12-31 | NT$12.86 | NT$7.62 | x |
| 2015-12-31 | NT$10.51 | NT$7.62 | x |
| 2016-12-31 | NT$10.88 | NT$7.62 | x |
| 2017-12-31 | NT$11.25 | NT$7.62 | x |
| 2018-12-31 | NT$11.40 | NT$7.62 | x |
| 2019-12-31 | NT$10.47 | NT$7.62 | x |
| 2020-12-31 | NT$13.64 | NT$7.62 | x |
| 2021-12-31 | NT$12.56 | NT$7.62 | x |
| 2022-12-31 | NT$13.10 | NT$7.62 | x |
| 2023-12-31 | NT$11.83 | NT$7.62 | x |
| 2024-12-31 | NT$12.37 | NT$7.62 | x |
| 2025-12-31 | NT$12.42 | NT$7.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tex-Ray Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.04%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.00x
- Recent ROE (-3.62%) is below the historical average (2.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.94% | 1.69% | 1.16x | 2.51x | NT$-65.76 Million |
| 2003 | 9.64% | 5.13% | 1.01x | 1.87x | NT$-6.14 Million |
| 2004 | 8.58% | 3.34% | 1.32x | 1.94x | NT$-23.36 Million |
| 2005 | 8.56% | 3.19% | 1.21x | 2.22x | NT$-25.89 Million |
| 2006 | 10.98% | 3.84% | 1.33x | 2.15x | NT$19.90 Million |
| 2007 | 4.17% | 1.32% | 1.35x | 2.33x | NT$-117.88 Million |
| 2008 | -10.47% | -2.30% | 1.42x | 3.21x | NT$-323.54 Million |
| 2009 | 4.90% | 1.33% | 1.24x | 2.98x | NT$-87.65 Million |
| 2010 | 9.36% | 2.38% | 1.18x | 3.33x | NT$-11.36 Million |
| 2011 | 8.19% | 2.01% | 1.10x | 3.70x | NT$-33.17 Million |
| 2012 | 9.90% | 2.64% | 1.09x | 3.44x | NT$-1.90 Million |
| 2013 | 9.00% | 2.33% | 1.15x | 3.36x | NT$-18.72 Million |
| 2014 | 4.41% | 1.55% | 0.99x | 2.86x | NT$-141.61 Million |
| 2015 | 0.11% | 0.04% | 0.99x | 3.14x | NT$-218.57 Million |
| 2016 | 0.67% | 0.21% | 1.05x | 2.95x | NT$-213.65 Million |
| 2017 | -3.24% | -1.06% | 1.07x | 2.88x | NT$-313.13 Million |
| 2018 | -2.51% | -0.82% | 1.04x | 2.95x | NT$-301.79 Million |
| 2019 | -7.05% | -2.48% | 0.99x | 2.86x | NT$-417.01 Million |
| 2020 | 5.27% | 1.96% | 1.06x | 2.54x | NT$-150.68 Million |
| 2021 | -1.05% | -0.47% | 0.77x | 2.94x | NT$-324.35 Million |
| 2022 | -1.25% | -0.63% | 0.71x | 2.83x | NT$-344.35 Million |
| 2023 | -6.00% | -3.64% | 0.55x | 2.99x | NT$-442.21 Million |
| 2024 | 3.75% | 2.15% | 0.58x | 3.02x | NT$-180.69 Million |
| 2025 | -3.62% | -2.04% | 0.59x | 3.00x | NT$-395.91 Million |
Industry Comparison
This section compares Tex-Ray Industrial Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $3,309,948,222
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tex-Ray Industrial Co Ltd (1467) | NT$3.01 Billion | 4.94% | 2.03x | $55.38 Million |
| Tah Hsin Industrial Corp (1315) | $7.17 Billion | 3.29% | 0.29x | $217.60 Million |
| Tainan Enterprises Co Ltd (1473) | $4.28 Billion | 2.20% | 0.80x | $83.57 Million |
| Eclat Textile Co Ltd (1476) | $1.35 Billion | 9.27% | 0.77x | $2.77 Billion |
| Makalot Industrial Co Ltd (1477) | $9.20 Billion | 20.71% | 0.60x | $1.60 Billion |
| Munsin Garment (2916) | $901.93 Million | 8.01% | 0.32x | $81.04 Million |
| Cayman Tung Ling Co Ltd (2924) | $772.41 Million | 1.80% | 0.67x | $28.61 Million |
| TOPBI International Holdings Ltd (2929) | $3.53 Billion | 23.72% | 0.58x | $19.15 Million |
| Roo Hsing Co Ltd (4414) | $1.24 Billion | -22.55% | 1.33x | $66.32 Million |
| Hakers Enterprise Co Ltd (4432) | $1.36 Billion | 5.40% | 0.20x | $24.39 Million |
About Tex-Ray Industrial Co Ltd
Tex-Ray Industrial Co., Ltd., together with its subsidiaries, engages in the textile business in Taiwan, the United States, China, Mexico, Africa, Vietnam, and internationally. The company is involved in the weaving, manufacturing, processing, dyeing, finishing, and trading of cotton, fabrics, fibers, textiles, and cotton yarns. It also manufactures and sells sports and activewear, team and workw… Read more