Shihlin Electric & Engineering Corp (1503) - Net Assets

Latest as of September 2025: NT$37.16 Billion TWD ≈ $1.17 Billion USD

Based on the latest financial reports, Shihlin Electric & Engineering Corp (1503) has net assets worth NT$37.16 Billion TWD (≈ $1.17 Billion 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$57.56 Billion ≈ $1.81 Billion USD) and total liabilities (NT$20.40 Billion ≈ $642.71 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 Shihlin Electric & Engineering Corp (1503) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$37.16 Billion
% of Total Assets	64.56%
Annual Growth Rate	6.71%
5-Year Change	49.32%
10-Year Change	75.15%
Growth Volatility	6.05

Shihlin Electric & Engineering Corp - Net Assets Trend (2002–2024)

This chart illustrates how Shihlin Electric & Engineering Corp's net assets have evolved over time, based on quarterly financial data. See Shihlin Electric & Engineering Corp (1503) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shihlin Electric & Engineering Corp (2002–2024)

The table below shows the annual net assets of Shihlin Electric & Engineering Corp from 2002 to 2024. For live valuation and market cap data, see Shihlin Electric & Engineering Corp stock valuation.

Year	Net Assets	Change
2024-12-31	NT$38.38 Billion ≈ $1.21 Billion	+15.78%
2023-12-31	NT$33.14 Billion ≈ $1.04 Billion	+15.53%
2022-12-31	NT$28.69 Billion ≈ $903.85 Million	+6.11%
2021-12-31	NT$27.04 Billion ≈ $851.84 Million	+5.20%
2020-12-31	NT$25.70 Billion ≈ $809.70 Million	+4.16%
2019-12-31	NT$24.67 Billion ≈ $777.38 Million	+4.64%
2018-12-31	NT$23.58 Billion ≈ $742.93 Million	+5.30%
2017-12-31	NT$22.39 Billion ≈ $705.51 Million	+2.49%
2016-12-31	NT$21.85 Billion ≈ $688.40 Million	-0.27%
2015-12-31	NT$21.91 Billion ≈ $690.29 Million	+1.65%
2014-12-31	NT$21.55 Billion ≈ $679.08 Million	+3.50%
2013-12-31	NT$20.83 Billion ≈ $656.11 Million	+4.71%
2012-12-31	NT$19.89 Billion ≈ $626.62 Million	+2.46%
2011-12-31	NT$19.41 Billion ≈ $611.60 Million	+15.79%
2010-12-31	NT$16.77 Billion ≈ $528.22 Million	+4.88%
2009-12-31	NT$15.99 Billion ≈ $503.65 Million	+25.41%
2008-12-31	NT$12.75 Billion ≈ $401.62 Million	+1.41%
2007-12-31	NT$12.57 Billion ≈ $396.04 Million	+10.94%
2006-12-31	NT$11.33 Billion ≈ $356.99 Million	+6.91%
2005-12-31	NT$10.60 Billion ≈ $333.93 Million	+7.59%
2004-12-31	NT$9.85 Billion ≈ $310.36 Million	+4.75%
2003-12-31	NT$9.40 Billion ≈ $296.28 Million	+2.26%
2002-12-31	NT$9.20 Billion ≈ $289.72 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shihlin Electric & Engineering Corp'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 2235.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	NT$13.37 Billion	35.61%
Common Stock	NT$5.21 Billion	13.88%
Other Comprehensive Income	NT$17.24 Billion	45.92%
Other Components	NT$1.72 Billion	4.59%
Total Equity	NT$37.54 Billion	100.00%

Shihlin Electric & Engineering Corp Competitors by Market Cap

The table below lists competitors of Shihlin Electric & Engineering Corp ranked by their market capitalization.

Company	Market Cap
Chongqing Zongshen Power Machinery Co Ltd SHE:001696	$4.03 Billion
Octave Intelligence plc NASDAQ:OCTV	$4.03 Billion
TUI AG F:TUI1	$4.03 Billion
GRUPO SIM. S.A.B. B ADR/3 F:GSM	$4.03 Billion
Poonawalla Fincorp Limited NSE:POONAWALLA	$4.02 Billion
Marex Group plc Ordinary Shares NASDAQ:MRX	$4.02 Billion
Steadfast Group Ltd AU:SDF	$4.02 Billion
Bohai Leasing Co Ltd SHE:000415	$4.02 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shihlin Electric & Engineering Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 32,425,409,000 to 37,537,924,000, a change of 5,112,515,000 (15.8%).
Net income of 3,025,741,000 contributed positively to equity growth.
Dividend payments of 1,562,917,000 reduced retained earnings.
Other comprehensive income increased equity by 13,117,836,000.
Other factors decreased equity by 9,468,145,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	NT$3.03 Billion	+8.06%
Dividends Paid	NT$1.56 Billion	-4.16%
Other Comprehensive Income	NT$13.12 Billion	+34.95%
Other Changes	NT$-9.47 Billion	-25.22%
Total Change	NT$-	15.77%

Book Value vs Market Value Analysis

This analysis compares Shihlin Electric & Engineering Corp'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: 3.41x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 11.48x to 3.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	NT$21.34	NT$245.00	x
2007-12-31	NT$23.67	NT$245.00	x
2008-12-31	NT$24.12	NT$245.00	x
2009-12-31	NT$30.21	NT$245.00	x
2010-12-31	NT$31.62	NT$245.00	x
2011-12-31	NT$36.59	NT$245.00	x
2012-12-31	NT$37.48	NT$245.00	x
2013-12-31	NT$38.95	NT$245.00	x
2014-12-31	NT$40.23	NT$245.00	x
2015-12-31	NT$40.88	NT$245.00	x
2016-12-31	NT$40.81	NT$245.00	x
2017-12-31	NT$41.84	NT$245.00	x
2018-12-31	NT$44.17	NT$245.00	x
2019-12-31	NT$46.14	NT$245.00	x
2020-12-31	NT$48.09	NT$245.00	x
2021-12-31	NT$50.55	NT$245.00	x
2022-12-31	NT$53.60	NT$245.00	x
2023-12-31	NT$62.08	NT$245.00	x
2024-12-31	NT$71.91	NT$245.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shihlin Electric & Engineering Corp 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): 8.06%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.63%
• Asset Turnover: 0.60x
• Equity Multiplier: 1.56x
Recent ROE (8.06%) is above the historical average (6.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	4.40%	3.76%	0.66x	1.78x	NT$-514.79 Million
2003	4.45%	3.55%	0.71x	1.76x	NT$-521.97 Million
2004	5.71%	4.34%	0.72x	1.84x	NT$-421.31 Million
2005	6.54%	4.64%	0.79x	1.79x	NT$-361.15 Million
2006	7.78%	5.38%	0.75x	1.92x	NT$-247.73 Million
2007	8.37%	6.05%	0.68x	2.04x	NT$-201.81 Million
2008	6.27%	4.49%	0.65x	2.15x	NT$-468.15 Million
2009	19.02%	14.81%	0.79x	1.63x	NT$1.42 Billion
2010	5.14%	4.58%	0.69x	1.63x	NT$-803.99 Million
2011	5.74%	5.39%	0.68x	1.56x	NT$-817.97 Million
2012	4.89%	4.84%	0.65x	1.54x	NT$-1.00 Billion
2013	5.75%	5.97%	0.59x	1.63x	NT$-868.42 Million
2014	6.01%	6.40%	0.58x	1.62x	NT$-842.21 Million
2015	5.81%	6.23%	0.58x	1.62x	NT$-897.83 Million
2016	5.83%	5.82%	0.59x	1.70x	NT$-890.40 Million
2017	6.06%	5.98%	0.60x	1.69x	NT$-862.70 Million
2018	6.12%	5.66%	0.62x	1.73x	NT$-898.34 Million
2019	6.92%	6.43%	0.64x	1.69x	NT$-743.24 Million
2020	6.06%	5.94%	0.61x	1.67x	NT$-991.10 Million
2021	6.82%	6.52%	0.61x	1.71x	NT$-840.09 Million
2022	7.17%	6.53%	0.62x	1.76x	NT$-794.35 Million
2023	7.24%	7.38%	0.59x	1.66x	NT$-894.27 Million
2024	8.06%	8.63%	0.60x	1.56x	NT$-728.05 Million

Industry Comparison

This section compares Shihlin Electric & Engineering Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $4,745,149,222
Average return on equity (ROE) among peers: 7.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shihlin Electric & Engineering Corp (1503)	NT$37.16 Billion	4.40%	0.55x	$4.02 Billion
Allis Electric Co Ltd (1514)	$3.10 Billion	9.53%	0.87x	$1.06 Billion
Fortune Electric Co Ltd (1519)	$2.20 Billion	0.00%	1.38x	$8.27 Billion
Klingon Aerospace Inc (1529)	$964.63 Million	0.00%	1.84x	$110.92 Million
Kung Long Batteries Industrial Co Ltd (1537)	$4.34 Billion	20.29%	0.35x	$328.35 Million
Chieftek Precision Co Ltd (1597)	$2.41 Billion	3.30%	0.70x	$433.00 Million
Hua Eng Wire & Cable Co Ltd (1608)	$9.14 Billion	-0.07%	0.52x	$470.45 Million
Ta Ya Electric Wire & Cable Co., Ltd. (1609)	$11.52 Billion	12.23%	1.98x	$953.38 Million
Hong Tai Electric Industrial Co Ltd (1612)	$7.55 Billion	8.32%	0.12x	$380.90 Million
Dah San Electric Wire & Cable Co Ltd (1615)	$1.48 Billion	12.47%	0.44x	$279.75 Million

About Shihlin Electric & Engineering Corp

TW:1503 Taiwan Electrical Equipment & Parts

Market Cap

$4.02 Billion

NT$127.64 Billion TWD

Market Cap Rank

#4174 Global

#126 in Taiwan

Share Price

NT$245.00

Change (1 day)

+1.45%

52-Week Range

NT$162.00 - NT$268.00

All Time High

NT$344.50