Evertex Fabrinology Ltd (1470) - Net Assets
Based on the latest financial reports, Evertex Fabrinology Ltd (1470) has net assets worth NT$974.95 Million TWD (≈ $30.72 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.14 Billion ≈ $35.76 Million USD) and total liabilities (NT$160.17 Million ≈ $5.05 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. Check 1470 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$974.95 Million |
| % of Total Assets | 85.89% |
| Annual Growth Rate | 1.06% |
| 5-Year Change | 7.12% |
| 10-Year Change | 7.85% |
| Growth Volatility | 3.78 |
Evertex Fabrinology Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Evertex Fabrinology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 1470 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Evertex Fabrinology Ltd (2002–2024)
The table below shows the annual net assets of Evertex Fabrinology Ltd from 2002 to 2024. For live valuation and market cap data, see Evertex Fabrinology Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.03 Billion ≈ $32.61 Million |
+5.04% |
| 2023-12-31 | NT$985.32 Million ≈ $31.04 Million |
+1.27% |
| 2022-12-31 | NT$972.98 Million ≈ $30.65 Million |
-3.28% |
| 2021-12-31 | NT$1.01 Billion ≈ $31.69 Million |
+4.12% |
| 2020-12-31 | NT$966.14 Million ≈ $30.44 Million |
-2.14% |
| 2019-12-31 | NT$987.24 Million ≈ $31.10 Million |
+5.36% |
| 2018-12-31 | NT$937.04 Million ≈ $29.52 Million |
-0.94% |
| 2017-12-31 | NT$945.94 Million ≈ $29.80 Million |
-0.22% |
| 2016-12-31 | NT$948.01 Million ≈ $29.87 Million |
-1.21% |
| 2015-12-31 | NT$959.60 Million ≈ $30.23 Million |
+0.96% |
| 2014-12-31 | NT$950.50 Million ≈ $29.95 Million |
+4.76% |
| 2013-12-31 | NT$907.29 Million ≈ $28.58 Million |
+2.45% |
| 2012-12-31 | NT$885.61 Million ≈ $27.90 Million |
-0.34% |
| 2011-12-31 | NT$888.63 Million ≈ $28.00 Million |
+0.09% |
| 2010-12-31 | NT$887.80 Million ≈ $27.97 Million |
+6.91% |
| 2009-12-31 | NT$830.38 Million ≈ $26.16 Million |
+6.87% |
| 2008-12-31 | NT$777.02 Million ≈ $24.48 Million |
+8.18% |
| 2007-12-31 | NT$718.24 Million ≈ $22.63 Million |
-0.64% |
| 2006-12-31 | NT$722.86 Million ≈ $22.77 Million |
-5.20% |
| 2005-12-31 | NT$762.49 Million ≈ $24.02 Million |
+0.25% |
| 2004-12-31 | NT$760.58 Million ≈ $23.96 Million |
-5.36% |
| 2003-12-31 | NT$803.65 Million ≈ $25.32 Million |
-2.18% |
| 2002-12-31 | NT$821.52 Million ≈ $25.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Evertex Fabrinology 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 10253400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$102.53 Million | 9.91% |
| Common Stock | NT$857.67 Million | 82.87% |
| Other Comprehensive Income | NT$1.63 Million | 0.16% |
| Other Components | NT$73.11 Million | 7.06% |
| Total Equity | NT$1.03 Billion | 100.00% |
Evertex Fabrinology Ltd Competitors by Market Cap
The table below lists competitors of Evertex Fabrinology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATrack Technology
TWO:6465
|
$60.80 Million |
|
Globaltec Formation Bhd
KLSE:5220
|
$60.81 Million |
|
Shan-Loong Transportation Co Ltd
TW:2616
|
$60.81 Million |
|
Daxor Corporation
NASDAQ:DXR
|
$60.84 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$60.79 Million |
|
PJ Metal Co. Ltd
KQ:128660
|
$60.76 Million |
|
Halmont Properties Corporation
V:HMT
|
$60.72 Million |
|
Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS
|
$60.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evertex Fabrinology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 985,320,000 to 1,034,946,000, a change of 49,626,000 (5.0%).
- Net income of 97,309,000 contributed positively to equity growth.
- Dividend payments of 49,745,000 reduced retained earnings.
- Other comprehensive income decreased equity by 63,628,001.
- Other factors increased equity by 65,690,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$97.31 Million | +9.4% |
| Dividends Paid | NT$49.74 Million | -4.81% |
| Other Comprehensive Income | NT$-63.63 Million | -6.15% |
| Other Changes | NT$65.69 Million | +6.35% |
| Total Change | NT$- | 5.04% |
Book Value vs Market Value Analysis
This analysis compares Evertex Fabrinology 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: 1.87x
- 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 2.32x to 1.87x 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$9.68 | NT$22.50 | x |
| 2010-12-31 | NT$10.34 | NT$22.50 | x |
| 2011-12-31 | NT$10.36 | NT$22.50 | x |
| 2012-12-31 | NT$10.33 | NT$22.50 | x |
| 2013-12-31 | NT$10.57 | NT$22.50 | x |
| 2014-12-31 | NT$11.07 | NT$22.50 | x |
| 2015-12-31 | NT$11.17 | NT$22.50 | x |
| 2016-12-31 | NT$11.03 | NT$22.50 | x |
| 2017-12-31 | NT$11.01 | NT$22.50 | x |
| 2018-12-31 | NT$10.91 | NT$22.50 | x |
| 2019-12-31 | NT$11.49 | NT$22.50 | x |
| 2020-12-31 | NT$11.25 | NT$22.50 | x |
| 2021-12-31 | NT$11.71 | NT$22.50 | x |
| 2022-12-31 | NT$11.33 | NT$22.50 | x |
| 2023-12-31 | NT$11.47 | NT$22.50 | x |
| 2024-12-31 | NT$12.04 | NT$22.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evertex Fabrinology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.35%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.17x
- Recent ROE (9.40%) is above the historical average (4.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.09% | 0.09% | 0.72x | 1.36x | NT$-81.44 Million |
| 2005 | 0.16% | 0.16% | 0.86x | 1.17x | NT$-75.03 Million |
| 2008 | 7.56% | 7.80% | 0.88x | 1.11x | NT$-18.92 Million |
| 2009 | 6.43% | 7.52% | 0.76x | 1.13x | NT$-29.68 Million |
| 2010 | 6.41% | 7.02% | 0.81x | 1.12x | NT$-31.87 Million |
| 2011 | 4.70% | 5.30% | 0.79x | 1.13x | NT$-47.08 Million |
| 2012 | 1.67% | 2.12% | 0.70x | 1.12x | NT$-73.78 Million |
| 2013 | 3.23% | 4.38% | 0.64x | 1.15x | NT$-61.43 Million |
| 2014 | 6.98% | 8.92% | 0.66x | 1.18x | NT$-28.68 Million |
| 2015 | 6.37% | 8.02% | 0.71x | 1.12x | NT$-34.86 Million |
| 2016 | 4.95% | 6.85% | 0.64x | 1.14x | NT$-47.85 Million |
| 2017 | 4.42% | 5.97% | 0.63x | 1.18x | NT$-52.76 Million |
| 2018 | 5.22% | 6.48% | 0.67x | 1.21x | NT$-44.84 Million |
| 2019 | 7.68% | 9.27% | 0.69x | 1.20x | NT$-22.86 Million |
| 2020 | 3.67% | 5.61% | 0.54x | 1.21x | NT$-61.20 Million |
| 2021 | 6.48% | 7.29% | 0.71x | 1.25x | NT$-35.39 Million |
| 2022 | 3.38% | 3.89% | 0.74x | 1.18x | NT$-64.46 Million |
| 2023 | 5.01% | 7.53% | 0.57x | 1.16x | NT$-49.19 Million |
| 2024 | 9.40% | 12.35% | 0.65x | 1.17x | NT$-6.19 Million |
Industry Comparison
This section compares Evertex Fabrinology Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $22,148,862,600
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evertex Fabrinology Ltd (1470) | NT$974.95 Million | 0.09% | 0.16x | $60.80 Million |
| San Fang Chemical Industry Co Ltd (1307) | $7.65 Billion | 1.52% | 0.93x | $397.31 Million |
| Universal Inc (1325) | $1.60 Billion | 11.31% | 0.14x | $70.39 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.27 Billion | 23.39% | 0.86x | $101.90 Million |
| Cathay Consolidated Inc (1342) | $936.36 Million | 19.28% | 0.62x | $229.70 Million |
| Far Eastern New Century Corp (1402) | $171.83 Billion | 5.07% | 0.97x | $4.34 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $32.72 Billion | 2.29% | 2.96x | $854.13 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.26 Billion | 7.34% | 0.21x | $53.81 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $1.23 Billion | 8.07% | 1.17x | $39.67 Million |
| Tung Ho Textile Co Ltd (1414) | $1.80 Billion | 0.00% | 2.40x | $103.86 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $1.20 Billion | -3.01% | 1.03x | $32.85 Million |
About Evertex Fabrinology Ltd
evertex fabrinology limited engages in dyeing and finishing of textile products in Taiwan, Vietnam, Bengal, China, Cambodia, Indonesia, and internationally. The company offers Janerino, a hybrid merino wool fabric; BulkyStretch, a mono-material knit fabric; Syncellux, a cellulose synthetic blend fabric; and Tonissimo, a synthetic fleece fabric. It also provides functional fabrics; and fabrics for… Read more