Ta Yih Industrial Co Ltd
Ta Yih Industrial Co., Ltd. engages in the manufacturing and processing of automobile parts, motorcycle parts, rail vehicle parts, transportation machinery, and industrial plastic parts in Taiwan and internationally. The company offers LED fishing lighting; and railway lighting, such as dimming controllers, rail vehicle luminaires interior lighting, LED boards, LED tubes, track lighting aluminum … Read more
Ta Yih Industrial Co Ltd (1521) - Net Assets
Latest net assets as of September 2025: NT$1.82 Billion TWD
Based on the latest financial reports, Ta Yih Industrial Co Ltd (1521) has net assets worth NT$1.82 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$2.93 Billion) and total liabilities (NT$1.11 Billion). 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$1.82 Billion |
| % of Total Assets | 62.03% |
| Annual Growth Rate | 2.26% |
| 5-Year Change | 6.13% |
| 10-Year Change | 4.53% |
| Growth Volatility | 5.3 |
Ta Yih Industrial Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Ta Yih Industrial 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 Ta Yih Industrial Co Ltd (2002–2024)
The table below shows the annual net assets of Ta Yih Industrial Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.87 Billion | +5.36% |
| 2023-12-31 | NT$1.77 Billion | -1.13% |
| 2022-12-31 | NT$1.79 Billion | +3.40% |
| 2021-12-31 | NT$1.73 Billion | -1.47% |
| 2020-12-31 | NT$1.76 Billion | -7.43% |
| 2019-12-31 | NT$1.90 Billion | +2.87% |
| 2018-12-31 | NT$1.85 Billion | -4.47% |
| 2017-12-31 | NT$1.94 Billion | +4.41% |
| 2016-12-31 | NT$1.85 Billion | +3.69% |
| 2015-12-31 | NT$1.79 Billion | +5.70% |
| 2014-12-31 | NT$1.69 Billion | +5.74% |
| 2013-12-31 | NT$1.60 Billion | -2.61% |
| 2012-12-31 | NT$1.64 Billion | -2.21% |
| 2011-12-31 | NT$1.68 Billion | +7.53% |
| 2010-12-31 | NT$1.56 Billion | +10.53% |
| 2009-12-31 | NT$1.41 Billion | +12.19% |
| 2008-12-31 | NT$1.26 Billion | -3.96% |
| 2007-12-31 | NT$1.31 Billion | +4.06% |
| 2006-12-31 | NT$1.26 Billion | -5.94% |
| 2005-12-31 | NT$1.34 Billion | +0.91% |
| 2004-12-31 | NT$1.33 Billion | +7.22% |
| 2003-12-31 | NT$1.24 Billion | +8.45% |
| 2002-12-31 | NT$1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ta Yih 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 grown by 56.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$287.89 Million | 15.41% |
| Common Stock | NT$762.30 Million | 40.80% |
| Other Comprehensive Income | NT$493.00K | 0.03% |
| Other Components | NT$817.60 Million | 43.76% |
| Total Equity | NT$1.87 Billion | 100.00% |
Ta Yih Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Ta Yih Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manoj Vaibhav Gems 'N' Jewellers Limited
NSE:MVGJL
|
$18.35 Million |
|
Fajarbaru Builder Group Bhd
KLSE:7047
|
$18.35 Million |
|
CVD Equipment Corporation
NASDAQ:CVV
|
$18.36 Million |
|
Gayatri Projects Limited
NSE:GAYAPROJ
|
$18.36 Million |
|
N. Varveris-Moda Bagno S.A
AT:MODA
|
$18.35 Million |
|
Perimeter Medical Imaging AI Inc
PINK:PYNKF
|
$18.34 Million |
|
J.D Development Co., LTD
TWO:4402
|
$18.33 Million |
|
Smr Utama Tbk
JK:SMRU
|
$18.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ta Yih Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,773,205,000 to 1,868,279,000, a change of 95,074,000 (5.4%).
- Net income of 87,428,000 contributed positively to equity growth.
- Dividend payments of 53,361,000 reduced retained earnings.
- Other comprehensive income decreased equity by 718,055,001.
- Other factors increased equity by 779,062,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$87.43 Million | +4.68% |
| Dividends Paid | NT$53.36 Million | -2.86% |
| Other Comprehensive Income | NT$-718.06 Million | -38.43% |
| Other Changes | NT$779.06 Million | +41.7% |
| Total Change | NT$- | 5.36% |
Book Value vs Market Value Analysis
This analysis compares Ta Yih 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: 1.03x
- 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 1.36x to 1.03x 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$18.52 | NT$25.20 | x |
| 2010-12-31 | NT$20.47 | NT$25.20 | x |
| 2011-12-31 | NT$22.01 | NT$25.20 | x |
| 2012-12-31 | NT$21.52 | NT$25.20 | x |
| 2013-12-31 | NT$20.96 | NT$25.20 | x |
| 2014-12-31 | NT$22.16 | NT$25.20 | x |
| 2015-12-31 | NT$23.42 | NT$25.20 | x |
| 2016-12-31 | NT$24.28 | NT$25.20 | x |
| 2017-12-31 | NT$25.35 | NT$25.20 | x |
| 2018-12-31 | NT$24.22 | NT$25.20 | x |
| 2019-12-31 | NT$24.92 | NT$25.20 | x |
| 2020-12-31 | NT$23.08 | NT$25.20 | x |
| 2021-12-31 | NT$22.74 | NT$25.20 | x |
| 2022-12-31 | NT$23.52 | NT$25.20 | x |
| 2023-12-31 | NT$23.25 | NT$25.20 | x |
| 2024-12-31 | NT$24.50 | NT$25.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ta Yih 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): 4.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.37%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.51x
- Recent ROE (4.68%) is below the historical average (15.52%), 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 | 13.76% | 5.90% | 1.06x | 2.20x | NT$42.91 Million |
| 2003 | 19.63% | 7.43% | 1.20x | 2.20x | NT$119.27 Million |
| 2004 | 22.95% | 7.04% | 1.47x | 2.22x | NT$171.91 Million |
| 2006 | 9.50% | 3.61% | 1.31x | 2.01x | NT$-6.30 Million |
| 2007 | 10.99% | 4.23% | 1.37x | 1.89x | NT$13.04 Million |
| 2008 | 4.47% | 1.96% | 1.18x | 1.94x | NT$-69.65 Million |
| 2009 | 18.13% | 8.26% | 1.12x | 1.96x | NT$114.94 Million |
| 2010 | 24.43% | 9.85% | 1.29x | 1.92x | NT$225.31 Million |
| 2011 | 19.37% | 7.77% | 1.44x | 1.74x | NT$157.29 Million |
| 2012 | 16.99% | 6.61% | 1.49x | 1.73x | NT$114.85 Million |
| 2013 | 19.16% | 7.29% | 1.32x | 1.99x | NT$146.45 Million |
| 2014 | 22.08% | 7.53% | 1.45x | 2.02x | NT$204.35 Million |
| 2015 | 25.15% | 7.84% | 1.57x | 2.05x | NT$270.87 Million |
| 2016 | 26.83% | 8.43% | 1.62x | 1.96x | NT$311.98 Million |
| 2017 | 25.81% | 8.06% | 1.64x | 1.96x | NT$305.86 Million |
| 2018 | 17.27% | 5.60% | 1.65x | 1.87x | NT$134.35 Million |
| 2019 | 18.96% | 6.69% | 1.48x | 1.91x | NT$170.30 Million |
| 2020 | 9.08% | 3.33% | 1.31x | 2.08x | NT$-16.28 Million |
| 2021 | 4.76% | 1.65% | 1.47x | 1.96x | NT$-90.93 Million |
| 2022 | 4.95% | 1.87% | 1.43x | 1.85x | NT$-90.53 Million |
| 2023 | 2.39% | 0.88% | 1.43x | 1.89x | NT$-134.91 Million |
| 2024 | 4.68% | 2.37% | 1.31x | 1.51x | NT$-99.40 Million |
Industry Comparison
This section compares Ta Yih 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: $4,354,863,556
- Average return on equity (ROE) among peers: -18.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ta Yih Industrial Co Ltd (1521) | NT$1.82 Billion | 13.76% | 0.61x | $18.35 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |