Lee Chi Enterprises Co Ltd
Lee Chi Enterprises Company Ltd. manufactures and sells bicycle components and general machinery in Taiwan, Asia, the Americas, and internationally. It sells its products under the PROMAX brand. The company was incorporated in 1973 and is based in Changhua, Taiwan.
Lee Chi Enterprises Co Ltd (1517) - Net Assets
Latest net assets as of September 2025: NT$3.51 Billion TWD
Based on the latest financial reports, Lee Chi Enterprises Co Ltd (1517) has net assets worth NT$3.51 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.27 Billion) and total liabilities (NT$752.01 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.51 Billion |
| % of Total Assets | 82.38% |
| Annual Growth Rate | 2.18% |
| 5-Year Change | 10.65% |
| 10-Year Change | 1.42% |
| Growth Volatility | 8.35 |
Lee Chi Enterprises Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Lee Chi Enterprises Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lee Chi Enterprises Co Ltd (2002–2024)
The table below shows the annual net assets of Lee Chi Enterprises Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.73 Billion | -2.36% |
| 2023-12-31 | NT$3.82 Billion | -8.41% |
| 2022-12-31 | NT$4.17 Billion | +9.55% |
| 2021-12-31 | NT$3.80 Billion | +12.94% |
| 2020-12-31 | NT$3.37 Billion | +4.47% |
| 2019-12-31 | NT$3.22 Billion | -2.66% |
| 2018-12-31 | NT$3.31 Billion | -1.37% |
| 2017-12-31 | NT$3.36 Billion | -2.89% |
| 2016-12-31 | NT$3.46 Billion | -5.90% |
| 2015-12-31 | NT$3.67 Billion | -9.16% |
| 2014-12-31 | NT$4.04 Billion | +5.58% |
| 2013-12-31 | NT$3.83 Billion | +9.62% |
| 2012-12-31 | NT$3.49 Billion | +2.38% |
| 2011-12-31 | NT$3.41 Billion | +4.96% |
| 2010-12-31 | NT$3.25 Billion | -3.68% |
| 2009-12-31 | NT$3.38 Billion | -6.69% |
| 2008-12-31 | NT$3.62 Billion | +1.98% |
| 2007-12-31 | NT$3.55 Billion | +5.17% |
| 2006-12-31 | NT$3.37 Billion | +8.20% |
| 2005-12-31 | NT$3.12 Billion | +29.16% |
| 2004-12-31 | NT$2.41 Billion | -0.42% |
| 2003-12-31 | NT$2.42 Billion | +4.44% |
| 2002-12-31 | NT$2.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lee Chi Enterprises 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 87353600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$873.54 Million | 24.18% |
| Common Stock | NT$2.26 Billion | 62.47% |
| Other Comprehensive Income | NT$435.68 Million | 12.06% |
| Other Components | NT$46.41 Million | 1.28% |
| Total Equity | NT$3.61 Billion | 100.00% |
Lee Chi Enterprises Co Ltd Competitors by Market Cap
The table below lists competitors of Lee Chi Enterprises Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GaeaSoft Corp
KQ:051160
|
$48.28 Million |
|
DY Corporation
KO:013570
|
$48.29 Million |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
$48.30 Million |
|
Prevas AB
ST:PREV-B
|
$48.32 Million |
|
Nordic Nanovector ASA
F:8NN
|
$48.26 Million |
|
Abm Investama Tbk
JK:ABMM
|
$48.25 Million |
|
APB Apranga
MU:WHX
|
$48.25 Million |
|
Shenzhen Zhongzhuang Construction Group Co Ltd
SHE:002822
|
$48.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lee Chi Enterprises Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,694,221,000 to 3,612,473,000, a change of -81,748,000 (-2.2%).
- Net loss of 92,804,000 reduced equity.
- Dividend payments of 44,660,000 reduced retained earnings.
- Other comprehensive income increased equity by 552,262,000.
- Other factors decreased equity by 496,546,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-92.80 Million | -2.57% |
| Dividends Paid | NT$44.66 Million | -1.24% |
| Other Comprehensive Income | NT$552.26 Million | +15.29% |
| Other Changes | NT$-496.55 Million | -13.75% |
| Total Change | NT$- | -2.21% |
Book Value vs Market Value Analysis
This analysis compares Lee Chi Enterprises 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: 0.69x
- 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 0.92x to 0.69x 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$12.14 | NT$11.20 | x |
| 2010-12-31 | NT$12.75 | NT$11.20 | x |
| 2011-12-31 | NT$13.37 | NT$11.20 | x |
| 2012-12-31 | NT$13.68 | NT$11.20 | x |
| 2013-12-31 | NT$14.80 | NT$11.20 | x |
| 2014-12-31 | NT$15.56 | NT$11.20 | x |
| 2015-12-31 | NT$15.51 | NT$11.20 | x |
| 2016-12-31 | NT$14.69 | NT$11.20 | x |
| 2017-12-31 | NT$14.29 | NT$11.20 | x |
| 2018-12-31 | NT$14.11 | NT$11.20 | x |
| 2019-12-31 | NT$13.84 | NT$11.20 | x |
| 2020-12-31 | NT$14.51 | NT$11.20 | x |
| 2021-12-31 | NT$16.31 | NT$11.20 | x |
| 2022-12-31 | NT$18.05 | NT$11.20 | x |
| 2023-12-31 | NT$16.54 | NT$11.20 | x |
| 2024-12-31 | NT$16.18 | NT$11.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lee Chi Enterprises Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.56%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.26x
- Recent ROE (-2.57%) is below the historical average (5.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.95% | 1.46% | 0.55x | 1.18x | NT$-210.06 Million |
| 2003 | 4.88% | 7.97% | 0.50x | 1.22x | NT$-124.06 Million |
| 2004 | 6.15% | 7.73% | 0.62x | 1.28x | NT$-92.81 Million |
| 2006 | 7.97% | 8.03% | 0.63x | 1.59x | NT$-54.79 Million |
| 2007 | 5.61% | 4.72% | 0.69x | 1.73x | NT$-117.69 Million |
| 2008 | 8.63% | 6.71% | 0.73x | 1.77x | NT$-37.35 Million |
| 2009 | 7.17% | 7.56% | 0.57x | 1.66x | NT$-78.88 Million |
| 2010 | 11.14% | 9.54% | 0.68x | 1.72x | NT$33.40 Million |
| 2011 | 8.52% | 7.37% | 0.66x | 1.75x | NT$-45.56 Million |
| 2012 | 8.48% | 6.63% | 0.75x | 1.71x | NT$-47.74 Million |
| 2013 | 10.16% | 8.99% | 0.68x | 1.67x | NT$5.44 Million |
| 2014 | 6.48% | 6.01% | 0.65x | 1.65x | NT$-125.64 Million |
| 2015 | 3.91% | 4.02% | 0.66x | 1.47x | NT$-216.76 Million |
| 2016 | 0.43% | 0.50% | 0.59x | 1.45x | NT$-320.75 Million |
| 2017 | -1.25% | -1.45% | 0.60x | 1.44x | NT$-366.41 Million |
| 2018 | 2.89% | 3.10% | 0.64x | 1.46x | NT$-228.77 Million |
| 2019 | 0.40% | 0.41% | 0.68x | 1.41x | NT$-300.01 Million |
| 2020 | 5.19% | 5.00% | 0.70x | 1.48x | NT$-156.83 Million |
| 2021 | 12.24% | 9.17% | 0.86x | 1.55x | NT$81.72 Million |
| 2022 | 14.02% | 11.19% | 0.94x | 1.34x | NT$163.05 Million |
| 2023 | -4.51% | -8.81% | 0.42x | 1.22x | NT$-536.16 Million |
| 2024 | -2.57% | -4.56% | 0.45x | 1.26x | NT$-454.05 Million |
Industry Comparison
This section compares Lee Chi Enterprises Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,274,200,778
- Average return on equity (ROE) among peers: 2.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lee Chi Enterprises Co Ltd (1517) | NT$3.51 Billion | 0.95% | 0.21x | $48.28 Million |
| Sun Rise E&T Corporation (1343) | $412.47 Million | 0.73% | 0.69x | $22.15 Million |
| China Metal Products Co Ltd (1532) | $3.84 Billion | 19.44% | 3.50x | $161.98 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $3.24 Billion | 12.17% | 1.18x | $144.71 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $49.06 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $2.60 Billion | 3.01% | 1.48x | $15.38 Million |
| Solar Applied Materials Technology (1785) | $12.99 Billion | 8.35% | 1.04x | $1.07 Billion |
| Chia Yi Steel Co Ltd (2067) | $296.62 Million | -41.63% | 5.31x | $4.93 Million |
| CX Technology Corp (2415) | $1.78 Billion | 10.39% | 1.04x | $47.22 Million |
| Catcher Technology Co Ltd (2474) | $2.77 Billion | 10.99% | 0.15x | $2.91 Billion |