Right Way Industrial Co Ltd (1506) - Net Assets
Based on the latest financial reports, Right Way Industrial Co Ltd (1506) has net assets worth NT$2.87 Billion TWD (≈ $90.41 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$3.30 Billion ≈ $103.86 Million USD) and total liabilities (NT$426.92 Million ≈ $13.45 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 Right Way Industrial Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.87 Billion |
| % of Total Assets | 87.05% |
| Annual Growth Rate | 3.82% |
| 5-Year Change | 164.34% |
| 10-Year Change | 118.9% |
| Growth Volatility | 26.7 |
Right Way Industrial Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Right Way Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Right Way Industrial Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Right Way Industrial Co Ltd (2000–2025)
The table below shows the annual net assets of Right Way Industrial Co Ltd from 2000 to 2025. For live valuation and market cap data, see market cap of Right Way Industrial Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.87 Billion ≈ $90.41 Million |
+2.89% |
| 2024-12-31 | NT$2.79 Billion ≈ $87.88 Million |
-0.08% |
| 2023-12-31 | NT$2.79 Billion ≈ $87.95 Million |
+16.27% |
| 2022-12-31 | NT$2.40 Billion ≈ $75.64 Million |
+121.15% |
| 2021-12-31 | NT$1.09 Billion ≈ $34.20 Million |
+20.24% |
| 2020-12-31 | NT$902.84 Million ≈ $28.44 Million |
+2.37% |
| 2019-12-31 | NT$881.93 Million ≈ $27.79 Million |
-29.97% |
| 2018-12-31 | NT$1.26 Billion ≈ $39.68 Million |
-4.48% |
| 2017-12-31 | NT$1.32 Billion ≈ $41.54 Million |
+0.56% |
| 2016-12-31 | NT$1.31 Billion ≈ $41.30 Million |
-2.75% |
| 2015-12-31 | NT$1.35 Billion ≈ $42.47 Million |
-0.62% |
| 2014-12-31 | NT$1.36 Billion ≈ $42.73 Million |
+0.47% |
| 2013-12-31 | NT$1.35 Billion ≈ $42.53 Million |
-8.72% |
| 2012-12-31 | NT$1.48 Billion ≈ $46.60 Million |
+16.88% |
| 2011-12-31 | NT$1.27 Billion ≈ $39.87 Million |
+4.37% |
| 2010-12-31 | NT$1.21 Billion ≈ $38.20 Million |
+26.40% |
| 2009-12-31 | NT$959.25 Million ≈ $30.22 Million |
-11.97% |
| 2008-12-31 | NT$1.09 Billion ≈ $34.33 Million |
-14.56% |
| 2007-12-31 | NT$1.28 Billion ≈ $40.18 Million |
-3.08% |
| 2006-12-31 | NT$1.32 Billion ≈ $41.46 Million |
-2.27% |
| 2005-12-31 | NT$1.35 Billion ≈ $42.43 Million |
+12.38% |
| 2004-12-31 | NT$1.20 Billion ≈ $37.75 Million |
+17.11% |
| 2003-12-31 | NT$1.02 Billion ≈ $32.24 Million |
-8.55% |
| 2002-12-31 | NT$1.12 Billion ≈ $35.25 Million |
-15.23% |
| 2001-12-31 | NT$1.32 Billion ≈ $41.58 Million |
+17.45% |
| 2000-12-31 | NT$1.12 Billion ≈ $35.40 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Right Way 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 decreased by 115706.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$3.00 Billion | 107.59% |
| Other Comprehensive Income | NT$-143.75 Million | -5.15% |
| Other Components | NT$421.89 Million | 15.11% |
| Total Equity | NT$2.79 Billion | 100.00% |
Right Way Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Right Way Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delta Lithium Ltd
AU:DLI
|
$98.98 Million |
|
Polytec Holding AG
VI:PYT
|
$98.98 Million |
|
Metro Ticari ve Mali Yatirimlar Holding AS
IS:METRO
|
$98.98 Million |
|
Muhibbah Engineering M Bhd
KLSE:5703
|
$99.01 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$98.85 Million |
|
CO2 Energy Transition Corp. Common Stock
NASDAQ:NOEM
|
$98.83 Million |
|
Synergy Green Industries Limited
NSE:SGIL
|
$98.80 Million |
|
Sunflow Sustain
TA:SNFL
|
$98.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Right Way Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,716,150,000 to 2,791,857,000, a change of 75,707,000 (2.8%).
- Net income of 18,330,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 56,187,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$18.33 Million | +0.66% |
| Other Comprehensive Income | NT$56.19 Million | +2.01% |
| Other Changes | NT$1.19 Million | +0.04% |
| Total Change | NT$- | 2.79% |
Book Value vs Market Value Analysis
This analysis compares Right Way 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: 1.19x
- 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$9.34 | NT$10.45 | x |
| 2010-12-31 | NT$11.20 | NT$10.45 | x |
| 2011-12-31 | NT$9.91 | NT$10.45 | x |
| 2012-12-31 | NT$12.19 | NT$10.45 | x |
| 2013-12-31 | NT$9.72 | NT$10.45 | x |
| 2014-12-31 | NT$9.81 | NT$10.45 | x |
| 2015-12-31 | NT$9.94 | NT$10.45 | x |
| 2016-12-31 | NT$9.69 | NT$10.45 | x |
| 2017-12-31 | NT$9.71 | NT$10.45 | x |
| 2018-12-31 | NT$8.82 | NT$10.45 | x |
| 2019-12-31 | NT$6.27 | NT$10.45 | x |
| 2020-12-31 | NT$5.68 | NT$10.45 | x |
| 2021-12-31 | NT$6.30 | NT$10.45 | x |
| 2022-12-31 | NT$10.63 | NT$10.45 | x |
| 2023-12-31 | NT$9.09 | NT$10.45 | x |
| 2024-12-31 | NT$9.04 | NT$10.45 | x |
| 2025-12-31 | NT$8.75 | NT$10.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Right Way Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.18x
- Recent ROE (0.66%) is above the historical average (-5.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.13% | 0.15% | 0.40x | 2.31x | NT$-110.86 Million |
| 2004 | 2.31% | 2.13% | 0.36x | 3.00x | NT$-78.62 Million |
| 2005 | 0.49% | 0.44% | 0.39x | 2.87x | NT$-106.28 Million |
| 2009 | -17.54% | -10.86% | 0.41x | 3.96x | NT$-200.42 Million |
| 2010 | -8.39% | -5.61% | 0.54x | 2.79x | NT$-180.12 Million |
| 2011 | 4.21% | 2.75% | 0.54x | 2.85x | NT$-60.50 Million |
| 2012 | -5.46% | -4.51% | 0.64x | 1.90x | NT$-201.68 Million |
| 2013 | -6.83% | -5.84% | 0.62x | 1.88x | NT$-206.42 Million |
| 2014 | 1.05% | 0.83% | 0.66x | 1.91x | NT$-110.80 Million |
| 2015 | 2.79% | 2.26% | 0.56x | 2.19x | NT$-90.49 Million |
| 2016 | 1.65% | 1.28% | 0.58x | 2.20x | NT$-102.31 Million |
| 2017 | -1.23% | -1.11% | 0.46x | 2.40x | NT$-137.58 Million |
| 2018 | -10.45% | -9.69% | 0.40x | 2.68x | NT$-228.15 Million |
| 2019 | -46.16% | -31.20% | 0.43x | 3.43x | NT$-446.66 Million |
| 2020 | -43.39% | -43.27% | 0.37x | 2.68x | NT$-455.72 Million |
| 2021 | 4.15% | 4.03% | 0.44x | 2.35x | NT$-60.48 Million |
| 2022 | 4.08% | 8.34% | 0.40x | 1.21x | NT$-137.98 Million |
| 2023 | 3.18% | 7.60% | 0.36x | 1.17x | NT$-185.68 Million |
| 2024 | 1.54% | 4.02% | 0.33x | 1.17x | NT$-229.89 Million |
| 2025 | 0.66% | 1.71% | 0.33x | 1.18x | NT$-260.86 Million |
Industry Comparison
This section compares Right Way Industrial Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,606,789,111
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Right Way Industrial Co Ltd (1506) | NT$2.87 Billion | 0.13% | 0.15x | $98.90 Million |
| Tong Yang Industry Co Ltd (1319) | $20.15 Billion | 11.99% | 0.81x | $1.91 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $36.68 Million |
| Hiroca Holdings Ltd (1338) | $6.43 Billion | -2.56% | 0.75x | $43.76 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.36 Billion | 8.22% | 0.95x | $101.47 Million |
| Jui Li Enterprise Co Ltd (1512) | $746.14 Million | -26.36% | 3.67x | $22.15 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.64 Billion | 16.99% | 0.73x | $63.76 Million |
| TYC Brother Industrial Co Ltd (1522) | $3.39 Billion | 8.39% | 1.26x | $309.10 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.08 Billion | 5.45% | 1.39x | $152.86 Million |
| Kian Shen Corp (1525) | $2.06 Billion | 14.95% | 0.27x | $151.93 Million |
About Right Way Industrial Co Ltd
Right Way Industrial Co.,Ltd manufactures and sells automobile parts worldwide. The company offers various casting and forging parts with steel or aluminum alloy materials, including pistons, connecting rods, steering knuckles and system parts, suspension control arms, industrial compressor housings, industrial pump chambers, die casting parts, cast iron parts, balance shafts, and suspension comp… Read more