Tri Ocean Textile Co Ltd (1472) - Net Assets
Based on the latest financial reports, Tri Ocean Textile Co Ltd (1472) has net assets worth NT$2.30 Billion TWD (≈ $72.40 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.42 Billion ≈ $170.81 Million USD) and total liabilities (NT$3.12 Billion ≈ $98.41 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 1472 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.30 Billion |
| % of Total Assets | 42.39% |
| Annual Growth Rate | 3.24% |
| 5-Year Change | 996.4% |
| 10-Year Change | 483.93% |
| Growth Volatility | 61.54 |
Tri Ocean Textile Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Tri Ocean Textile Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 1472 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Tri Ocean Textile Co Ltd (2002–2025)
The table below shows the annual net assets of Tri Ocean Textile Co Ltd from 2002 to 2025. For live valuation and market cap data, see market cap of Tri Ocean Textile Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.30 Billion ≈ $72.40 Million |
+13.22% |
| 2024-12-31 | NT$2.03 Billion ≈ $63.95 Million |
+42.59% |
| 2023-12-31 | NT$1.42 Billion ≈ $44.85 Million |
+83.26% |
| 2022-12-31 | NT$776.76 Million ≈ $24.47 Million |
+270.60% |
| 2021-12-31 | NT$209.60 Million ≈ $6.60 Million |
-19.58% |
| 2020-12-31 | NT$260.63 Million ≈ $8.21 Million |
-44.73% |
| 2019-12-31 | NT$471.56 Million ≈ $14.86 Million |
+51.48% |
| 2018-12-31 | NT$311.30 Million ≈ $9.81 Million |
-16.39% |
| 2017-12-31 | NT$372.35 Million ≈ $11.73 Million |
-5.39% |
| 2016-12-31 | NT$393.55 Million ≈ $12.40 Million |
+18.06% |
| 2015-12-31 | NT$333.36 Million ≈ $10.50 Million |
+0.42% |
| 2014-12-31 | NT$331.98 Million ≈ $10.46 Million |
-4.91% |
| 2013-12-31 | NT$349.11 Million ≈ $11.00 Million |
-11.14% |
| 2012-12-31 | NT$392.87 Million ≈ $12.38 Million |
-18.03% |
| 2011-12-31 | NT$479.31 Million ≈ $15.10 Million |
-22.03% |
| 2010-12-31 | NT$614.74 Million ≈ $19.37 Million |
-9.03% |
| 2009-12-31 | NT$675.73 Million ≈ $21.29 Million |
-24.73% |
| 2008-12-31 | NT$897.77 Million ≈ $28.28 Million |
-23.24% |
| 2007-12-31 | NT$1.17 Billion ≈ $36.85 Million |
-8.89% |
| 2006-12-31 | NT$1.28 Billion ≈ $40.44 Million |
-3.31% |
| 2005-12-31 | NT$1.33 Billion ≈ $41.83 Million |
+0.38% |
| 2004-12-31 | NT$1.32 Billion ≈ $41.67 Million |
-4.69% |
| 2003-12-31 | NT$1.39 Billion ≈ $43.72 Million |
+25.60% |
| 2002-12-31 | NT$1.10 Billion ≈ $34.81 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tri Ocean 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 4007.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$833.09 Million | 36.25% |
| Common Stock | NT$524.88 Million | 22.84% |
| Other Comprehensive Income | NT$183.64 Million | 7.99% |
| Other Components | NT$756.44 Million | 32.92% |
| Total Equity | NT$2.30 Billion | 100.00% |
Tri Ocean Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Tri Ocean Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meghmani Organics Limited
NSE:MOL
|
$148.19 Million |
|
BriQ Properties Real Estate Investment Company
AT:BRIQ
|
$148.24 Million |
|
Amber International Holding Limited
NYSE:AMBR
|
$148.25 Million |
|
Votum SA
WAR:VOT
|
$148.29 Million |
|
Seoho Electric Co.Ltd
KQ:065710
|
$148.04 Million |
|
Mayur Resources Ltd
AU:MRL
|
$148.04 Million |
|
Centratama Telekomunikasi Ind
JK:CENT
|
$148.01 Million |
|
Indigo Acquisition Corp. Ordinary Shares
NASDAQ:INAC
|
$147.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tri Ocean Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,029,719,000 to 2,298,050,000, a change of 268,331,000 (13.2%).
- Net income of 335,975,000 contributed positively to equity growth.
- Dividend payments of 157,464,000 reduced retained earnings.
- Other comprehensive income increased equity by 98,366,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$335.98 Million | +14.62% |
| Dividends Paid | NT$157.46 Million | -6.85% |
| Other Comprehensive Income | NT$98.37 Million | +4.28% |
| Other Changes | NT$-8.55 Million | -0.37% |
| Total Change | NT$- | 13.22% |
Book Value vs Market Value Analysis
This analysis compares Tri Ocean 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: 2.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$38.98 | NT$89.60 | x |
| 2010-12-31 | NT$36.32 | NT$89.60 | x |
| 2011-12-31 | NT$28.05 | NT$89.60 | x |
| 2012-12-31 | NT$22.26 | NT$89.60 | x |
| 2013-12-31 | NT$19.76 | NT$89.60 | x |
| 2014-12-31 | NT$17.97 | NT$89.60 | x |
| 2015-12-31 | NT$17.67 | NT$89.60 | x |
| 2016-12-31 | NT$32.04 | NT$89.60 | x |
| 2017-12-31 | NT$29.64 | NT$89.60 | x |
| 2018-12-31 | NT$25.12 | NT$89.60 | x |
| 2019-12-31 | NT$29.82 | NT$89.60 | x |
| 2020-12-31 | NT$62.96 | NT$89.60 | x |
| 2021-12-31 | NT$8.39 | NT$89.60 | x |
| 2022-12-31 | NT$29.75 | NT$89.60 | x |
| 2023-12-31 | NT$40.92 | NT$89.60 | x |
| 2024-12-31 | NT$43.37 | NT$89.60 | x |
| 2025-12-31 | NT$40.67 | NT$89.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tri Ocean Textile Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.22%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.36x
- Recent ROE (14.62%) is above the historical average (-15.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.14% | 2.94% | 0.93x | 1.52x | NT$-64.70 Million |
| 2003 | 0.03% | 0.03% | 0.79x | 1.39x | NT$-138.37 Million |
| 2009 | -31.35% | -22.32% | 0.57x | 2.47x | NT$-266.89 Million |
| 2010 | -6.82% | -2.77% | 0.87x | 2.82x | NT$-101.19 Million |
| 2011 | -33.79% | -9.66% | 1.18x | 2.98x | NT$-203.44 Million |
| 2012 | -41.65% | -18.97% | 0.67x | 3.25x | NT$-202.91 Million |
| 2013 | -23.47% | -10.24% | 0.84x | 2.72x | NT$-128.80 Million |
| 2014 | -16.69% | -6.30% | 0.95x | 2.77x | NT$-98.89 Million |
| 2015 | -9.46% | -4.71% | 0.74x | 2.71x | NT$-72.85 Million |
| 2016 | 16.69% | 8.23% | 0.82x | 2.48x | NT$26.32 Million |
| 2017 | -12.34% | -6.07% | 0.80x | 2.53x | NT$-83.18 Million |
| 2018 | -21.83% | -11.34% | 0.70x | 2.75x | NT$-99.09 Million |
| 2019 | 11.76% | 12.24% | 0.30x | 3.16x | NT$8.30 Million |
| 2020 | -163.12% | -129.18% | 0.18x | 6.89x | NT$-451.19 Million |
| 2021 | -4.16% | -1.45% | 0.33x | 8.80x | NT$-29.68 Million |
| 2022 | 0.48% | 0.32% | 0.42x | 3.55x | NT$-73.96 Million |
| 2023 | 9.97% | 7.29% | 0.73x | 1.87x | NT$-371.20K |
| 2024 | 7.62% | 6.62% | 0.51x | 2.24x | NT$-48.35 Million |
| 2025 | 14.62% | 9.22% | 0.67x | 2.36x | NT$106.17 Million |
Industry Comparison
This section compares Tri Ocean Textile Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $9,284,903,333
- Average return on equity (ROE) among peers: 10.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tri Ocean Textile Co Ltd (1472) | NT$2.30 Billion | 4.14% | 1.36x | $148.17 Million |
| United Integrated Services Co Ltd (2404) | $2.62 Billion | 17.36% | 1.14x | $6.54 Billion |
| Long Bon International Co Ltd (2514) | $5.96 Billion | 13.28% | 0.49x | $144.42 Million |
| BES Engineering Co (2515) | $18.99 Billion | 2.95% | 0.84x | $600.29 Million |
| New Asia Construction & Development Corp (2516) | $2.62 Billion | 1.09% | 2.03x | $100.16 Million |
| Kindom Construction Corp (2520) | $28.20 Billion | 19.68% | 1.06x | $643.67 Million |
| Delpha Construction Co Ltd (2530) | $10.68 Billion | 4.79% | 1.22x | $527.43 Million |
| Da-Cin Construction Co Ltd (2535) | $9.98 Billion | 13.57% | 1.80x | $722.18 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.00 Billion | 2.70% | 2.44x | $616.12 Million |
| Kedge Construction Co Ltd (2546) | $3.51 Billion | 21.09% | 1.64x | $417.39 Million |
About Tri Ocean Textile Co Ltd
Triocean Industrial Corporation Co., Ltd. primarily engages in the construction business in Taiwan. The company undertakes private construction and public engineering projects, solar energy and infrastructure projects, social housing and private residential projects, land development, etc. It also engages in the wholesale of building materials. The company was formerly known as Tri Ocean Textile … Read more