TYC Brother Industrial Co Ltd (1522) - Net Assets
Based on the latest financial reports, TYC Brother Industrial Co Ltd (1522) has net assets worth NT$10.54 Billion TWD (≈ $332.10 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$37.91 Billion ≈ $1.19 Billion USD) and total liabilities (NT$27.37 Billion ≈ $862.30 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 TYC Brother Industrial Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.54 Billion |
| % of Total Assets | 27.8% |
| Annual Growth Rate | 4.93% |
| 5-Year Change | 28.28% |
| 10-Year Change | 55.22% |
| Growth Volatility | 7.64 |
TYC Brother Industrial Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how TYC Brother Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see TYC Brother Industrial Co Ltd market cap and net worth.
Annual Net Assets for TYC Brother Industrial Co Ltd (2000–2025)
The table below shows the annual net assets of TYC Brother Industrial Co Ltd from 2000 to 2025. Also explore TYC Brother Industrial Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.51 Billion ≈ $331.04 Million |
+0.19% |
| 2024-12-31 | NT$10.49 Billion ≈ $330.41 Million |
+10.22% |
| 2023-12-31 | NT$9.51 Billion ≈ $299.76 Million |
+3.76% |
| 2022-12-31 | NT$9.17 Billion ≈ $288.90 Million |
+11.95% |
| 2021-12-31 | NT$8.19 Billion ≈ $258.06 Million |
+22.16% |
| 2020-12-31 | NT$6.70 Billion ≈ $211.24 Million |
-2.30% |
| 2019-12-31 | NT$6.86 Billion ≈ $216.22 Million |
+3.71% |
| 2018-12-31 | NT$6.62 Billion ≈ $208.47 Million |
+1.64% |
| 2017-12-31 | NT$6.51 Billion ≈ $205.12 Million |
-3.83% |
| 2016-12-31 | NT$6.77 Billion ≈ $213.27 Million |
+1.94% |
| 2015-12-31 | NT$6.64 Billion ≈ $209.21 Million |
-5.36% |
| 2014-12-31 | NT$7.02 Billion ≈ $221.05 Million |
+20.77% |
| 2013-12-31 | NT$5.81 Billion ≈ $183.04 Million |
+5.33% |
| 2012-12-31 | NT$5.52 Billion ≈ $173.77 Million |
-5.22% |
| 2011-12-31 | NT$5.82 Billion ≈ $183.34 Million |
+3.73% |
| 2010-12-31 | NT$5.61 Billion ≈ $176.75 Million |
-1.70% |
| 2009-12-31 | NT$5.71 Billion ≈ $179.81 Million |
+8.59% |
| 2008-12-31 | NT$5.26 Billion ≈ $165.59 Million |
+3.38% |
| 2007-12-31 | NT$5.08 Billion ≈ $160.18 Million |
+17.71% |
| 2006-12-31 | NT$4.32 Billion ≈ $136.08 Million |
+0.20% |
| 2005-12-31 | NT$4.31 Billion ≈ $135.81 Million |
+5.55% |
| 2004-12-31 | NT$4.08 Billion ≈ $128.67 Million |
+2.22% |
| 2003-12-31 | NT$4.00 Billion ≈ $125.88 Million |
+0.01% |
| 2002-12-31 | NT$4.00 Billion ≈ $125.87 Million |
+17.83% |
| 2001-12-31 | NT$3.39 Billion ≈ $106.83 Million |
+7.37% |
| 2000-12-31 | NT$3.16 Billion ≈ $99.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TYC Brother 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 1488.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.68 Billion | 26.68% |
| Common Stock | NT$3.13 Billion | 31.12% |
| Other Comprehensive Income | NT$1.70 Billion | 16.92% |
| Other Components | NT$2.54 Billion | 25.28% |
| Total Equity | NT$10.06 Billion | 100.00% |
TYC Brother Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of TYC Brother Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Somany Ceramics Limited
NSE:SOMANYCERA
|
$246.23 Million |
|
JNK India Ltd
NSE:JNKINDIA
|
$246.41 Million |
|
Challenger Gold Ltd
AU:CEL
|
$246.67 Million |
|
Huuuge Inc.
WAR:HUG
|
$246.73 Million |
|
Shanghai Baolijia Chemical Co. Ltd.
SHE:301037
|
$246.17 Million |
|
Sinpas Gayrimenkul Yatirim Ortakligi AS
IS:SNGYO
|
$246.17 Million |
|
Natac Natural Ingredients, S.A.
MC:NAT
|
$246.15 Million |
|
Grupa Azoty Zaklady Chemiczne Police SA
WAR:PCE
|
$246.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TYC Brother Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,163,231,000 to 10,055,164,000, a change of -108,067,000 (-1.1%).
- Net income of 597,778,000 contributed positively to equity growth.
- Dividend payments of 995,875,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,860,854,000.
- Other factors decreased equity by 1,570,824,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$597.78 Million | +5.94% |
| Dividends Paid | NT$995.88 Million | -9.9% |
| Other Comprehensive Income | NT$1.86 Billion | +18.51% |
| Other Changes | NT$-1.57 Billion | -15.62% |
| Total Change | NT$- | -1.06% |
Book Value vs Market Value Analysis
This analysis compares TYC Brother 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: 0.94x
- 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 1.93x to 0.94x 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$13.00 | NT$25.05 | x |
| 2007-12-31 | NT$13.11 | NT$25.05 | x |
| 2008-12-31 | NT$13.90 | NT$25.05 | x |
| 2009-12-31 | NT$16.64 | NT$25.05 | x |
| 2010-12-31 | NT$16.12 | NT$25.05 | x |
| 2011-12-31 | NT$16.55 | NT$25.05 | x |
| 2012-12-31 | NT$15.44 | NT$25.05 | x |
| 2013-12-31 | NT$15.84 | NT$25.05 | x |
| 2014-12-31 | NT$17.84 | NT$25.05 | x |
| 2015-12-31 | NT$18.97 | NT$25.05 | x |
| 2016-12-31 | NT$20.20 | NT$25.05 | x |
| 2017-12-31 | NT$20.13 | NT$25.05 | x |
| 2018-12-31 | NT$20.56 | NT$25.05 | x |
| 2019-12-31 | NT$21.26 | NT$25.05 | x |
| 2020-12-31 | NT$20.53 | NT$25.05 | x |
| 2021-12-31 | NT$25.23 | NT$25.05 | x |
| 2022-12-31 | NT$28.25 | NT$25.05 | x |
| 2023-12-31 | NT$29.31 | NT$25.05 | x |
| 2024-12-31 | NT$32.49 | NT$25.05 | x |
| 2025-12-31 | NT$26.61 | NT$25.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TYC Brother Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.45%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.90x
- Recent ROE (5.94%) is below the historical average (8.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.77% | 1.98% | 0.58x | 2.41x | NT$-222.52 Million |
| 2001 | 8.39% | 6.08% | 0.61x | 2.26x | NT$-54.61 Million |
| 2002 | 18.48% | 12.55% | 0.71x | 2.08x | NT$338.92 Million |
| 2003 | 14.08% | 8.66% | 0.64x | 2.54x | NT$162.96 Million |
| 2004 | 10.95% | 6.19% | 0.61x | 2.92x | NT$38.76 Million |
| 2006 | 2.07% | 0.89% | 0.71x | 3.27x | NT$-319.64 Million |
| 2007 | 9.84% | 4.36% | 0.74x | 3.06x | NT$-7.64 Million |
| 2008 | 4.09% | 1.85% | 0.77x | 2.87x | NT$-285.40 Million |
| 2009 | 10.50% | 4.62% | 0.77x | 2.96x | NT$26.17 Million |
| 2010 | 2.52% | 0.95% | 0.88x | 3.00x | NT$-380.89 Million |
| 2011 | 0.94% | 0.34% | 0.87x | 3.16x | NT$-468.59 Million |
| 2012 | -3.71% | -1.20% | 0.85x | 3.65x | NT$-664.72 Million |
| 2013 | 1.28% | 0.38% | 0.86x | 3.86x | NT$-430.64 Million |
| 2014 | 9.20% | 2.73% | 0.84x | 4.00x | NT$-44.80 Million |
| 2015 | 12.81% | 5.05% | 0.81x | 3.12x | NT$166.74 Million |
| 2016 | 15.65% | 6.19% | 0.82x | 3.10x | NT$356.35 Million |
| 2017 | 10.49% | 4.11% | 0.80x | 3.21x | NT$30.94 Million |
| 2018 | 9.70% | 3.75% | 0.77x | 3.34x | NT$-19.43 Million |
| 2019 | 10.46% | 3.96% | 0.74x | 3.55x | NT$30.29 Million |
| 2020 | 4.09% | 1.82% | 0.64x | 3.54x | NT$-379.88 Million |
| 2021 | 2.45% | 1.17% | 0.69x | 3.05x | NT$-595.70 Million |
| 2022 | 10.54% | 4.86% | 0.74x | 2.94x | NT$47.98 Million |
| 2023 | 11.91% | 5.67% | 0.75x | 2.82x | NT$175.55 Million |
| 2024 | 15.19% | 7.67% | 0.74x | 2.68x | NT$527.76 Million |
| 2025 | 5.94% | 2.45% | 0.62x | 3.90x | NT$-407.74 Million |
Industry Comparison
This section compares TYC Brother 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: $5,605,686,000
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TYC Brother Industrial Co Ltd (1522) | NT$10.54 Billion | 2.77% | 2.60x | $246.20 Million |
| Tong Yang Industry Co Ltd (1319) | $28.68 Billion | 13.26% | 0.35x | $1.47 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.77 Billion | 6.07% | 0.49x | $39.49 Million |
| Hiroca Holdings Ltd (1338) | $6.66 Billion | 6.02% | 0.52x | $36.26 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $1.18 Billion | 11.24% | 1.07x | $100.65 Million |
| Right Way Industrial Co Ltd (1506) | $1.09 Billion | 3.95% | 1.24x | $92.46 Million |
| Jui Li Enterprise Co Ltd (1512) | $2.16 Billion | -2.60% | 1.73x | $19.12 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.87 Billion | 4.68% | 0.51x | $60.40 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.27 Billion | 8.60% | 1.19x | $134.11 Million |
| Kian Shen Corp (1525) | $4.78 Billion | 8.44% | 0.20x | $150.31 Million |
About TYC Brother Industrial Co Ltd
TYC Brother Industrial Co., Ltd. engages in the manufacture and sale of vehicle lighting products in Taiwan. It provides car lights, mirrors, cooling fans, radiators, condensers, blowers, and window regulators. The company was founded in 1986 and is headquartered in Tainan City, Taiwan.