China Metal Products Co Ltd
China Metal Products Co., Ltd. engages in the manufacture and sale of cast iron products in Taiwan, the United States, Japan, China, Europe, South America, and internationally. It operates through Metal Manufacturing, Real Estate Development, and Lifestyle Innovation segments. The company designs, develops, manufactures, and sells vehicle and machinery parts; retails auto parts; and offers manage… Read more
China Metal Products Co Ltd (1532) - Net Assets
Latest net assets as of September 2025: NT$18.71 Billion TWD
Based on the latest financial reports, China Metal Products Co Ltd (1532) has net assets worth NT$18.71 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$52.54 Billion) and total liabilities (NT$33.83 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$18.71 Billion |
| % of Total Assets | 35.62% |
| Annual Growth Rate | 10.85% |
| 5-Year Change | 21.34% |
| 10-Year Change | 0.59% |
| Growth Volatility | 25.09 |
China Metal Products Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how China Metal Products 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 China Metal Products Co Ltd (2002–2024)
The table below shows the annual net assets of China Metal Products Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$19.42 Billion | +12.97% |
| 2023-12-31 | NT$17.19 Billion | +3.01% |
| 2022-12-31 | NT$16.68 Billion | -0.37% |
| 2021-12-31 | NT$16.75 Billion | +4.66% |
| 2020-12-31 | NT$16.00 Billion | +1.65% |
| 2019-12-31 | NT$15.74 Billion | -7.09% |
| 2018-12-31 | NT$16.94 Billion | +8.82% |
| 2017-12-31 | NT$15.57 Billion | -14.71% |
| 2016-12-31 | NT$18.25 Billion | -5.43% |
| 2015-12-31 | NT$19.30 Billion | -0.22% |
| 2014-12-31 | NT$19.35 Billion | -0.78% |
| 2013-12-31 | NT$19.50 Billion | +17.83% |
| 2012-12-31 | NT$16.55 Billion | +4.63% |
| 2011-12-31 | NT$15.81 Billion | +3.64% |
| 2010-12-31 | NT$15.26 Billion | -7.90% |
| 2009-12-31 | NT$16.57 Billion | +29.01% |
| 2008-12-31 | NT$12.84 Billion | +14.67% |
| 2007-12-31 | NT$11.20 Billion | +19.15% |
| 2006-12-31 | NT$9.40 Billion | +18.75% |
| 2005-12-31 | NT$7.92 Billion | +106.27% |
| 2004-12-31 | NT$3.84 Billion | +54.61% |
| 2003-12-31 | NT$2.48 Billion | +23.22% |
| 2002-12-31 | NT$2.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Metal Products 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 2479.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$8.63 Billion | 56.28% |
| Common Stock | NT$4.17 Billion | 27.18% |
| Other Components | NT$2.54 Billion | 16.54% |
| Total Equity | NT$15.34 Billion | 100.00% |
China Metal Products Co Ltd Competitors by Market Cap
The table below lists competitors of China Metal Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARCHICOM SA ZY10
F:696
|
$162.03 Million |
|
Uniper SE
PINK:UNPRF
|
$162.04 Million |
|
Leysen Jewellery Inc
SHG:603900
|
$162.11 Million |
|
Zota Health Care LImited
NSE:ZOTA
|
$162.20 Million |
|
Mizrahi Tefahot
TA:MZTF
|
$161.96 Million |
|
888 Holdings
PINK:EIHDF
|
$161.96 Million |
|
EREX CO. LTD
F:6HF
|
$161.91 Million |
|
Shanghai KEN Tools Co Ltd
SHE:300126
|
$161.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Metal Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,282,499,000 to 15,335,635,000, a change of 2,053,136,000 (15.5%).
- Net income of 1,195,191,000 contributed positively to equity growth.
- Dividend payments of 571,968,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,907,154,000.
- Other factors increased equity by 4,337,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.20 Billion | +7.79% |
| Dividends Paid | NT$571.97 Million | -3.73% |
| Other Comprehensive Income | NT$-2.91 Billion | -18.96% |
| Other Changes | NT$4.34 Billion | +28.28% |
| Total Change | NT$- | 15.46% |
Book Value vs Market Value Analysis
This analysis compares China Metal Products 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: 0.61x
- 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 1.77x to 0.61x 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$13.22 | NT$23.35 | x |
| 2007-12-31 | NT$14.79 | NT$23.35 | x |
| 2008-12-31 | NT$16.14 | NT$23.35 | x |
| 2009-12-31 | NT$22.20 | NT$23.35 | x |
| 2010-12-31 | NT$22.73 | NT$23.35 | x |
| 2011-12-31 | NT$23.26 | NT$23.35 | x |
| 2012-12-31 | NT$24.77 | NT$23.35 | x |
| 2013-12-31 | NT$31.57 | NT$23.35 | x |
| 2014-12-31 | NT$30.55 | NT$23.35 | x |
| 2015-12-31 | NT$31.26 | NT$23.35 | x |
| 2016-12-31 | NT$31.03 | NT$23.35 | x |
| 2017-12-31 | NT$30.17 | NT$23.35 | x |
| 2018-12-31 | NT$32.95 | NT$23.35 | x |
| 2019-12-31 | NT$30.80 | NT$23.35 | x |
| 2020-12-31 | NT$31.59 | NT$23.35 | x |
| 2021-12-31 | NT$33.86 | NT$23.35 | x |
| 2022-12-31 | NT$30.35 | NT$23.35 | x |
| 2023-12-31 | NT$31.39 | NT$23.35 | x |
| 2024-12-31 | NT$38.12 | NT$23.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Metal Products 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): 7.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.63%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.45x
- Recent ROE (7.79%) is below the historical average (10.67%), 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 | 11.99% | 5.06% | 0.83x | 2.84x | NT$40.04 Million |
| 2003 | 11.88% | 3.96% | 0.97x | 3.11x | NT$46.67 Million |
| 2004 | 19.44% | 6.19% | 0.70x | 4.50x | NT$362.36 Million |
| 2006 | 14.89% | 6.02% | 0.43x | 5.73x | NT$250.46 Million |
| 2007 | 8.67% | 2.99% | 0.52x | 5.60x | NT$-76.67 Million |
| 2008 | 2.94% | 1.05% | 0.51x | 5.54x | NT$-455.34 Million |
| 2009 | 30.81% | 18.31% | 0.47x | 3.57x | NT$1.87 Billion |
| 2010 | 9.98% | 5.59% | 0.45x | 3.96x | NT$-1.98 Million |
| 2011 | 4.75% | 2.69% | 0.51x | 3.47x | NT$-491.73 Million |
| 2012 | 6.91% | 4.17% | 0.46x | 3.61x | NT$-301.48 Million |
| 2013 | 25.67% | 21.43% | 0.40x | 3.03x | NT$1.95 Billion |
| 2014 | 4.44% | 3.16% | 0.43x | 3.25x | NT$-670.80 Million |
| 2015 | 8.92% | 6.30% | 0.48x | 2.95x | NT$-133.03 Million |
| 2016 | 8.35% | 6.49% | 0.44x | 2.93x | NT$-198.23 Million |
| 2017 | 5.23% | 4.20% | 0.37x | 3.38x | NT$-555.18 Million |
| 2018 | 14.40% | 10.15% | 0.48x | 2.98x | NT$561.18 Million |
| 2019 | 4.28% | 3.69% | 0.32x | 3.61x | NT$-680.19 Million |
| 2020 | 6.58% | 6.03% | 0.29x | 3.72x | NT$-411.20 Million |
| 2021 | 13.19% | 8.90% | 0.38x | 3.91x | NT$407.45 Million |
| 2022 | 6.26% | 5.50% | 0.28x | 4.12x | NT$-480.57 Million |
| 2023 | 7.27% | 5.48% | 0.33x | 4.08x | NT$-363.02 Million |
| 2024 | 7.79% | 6.63% | 0.34x | 3.45x | NT$-338.37 Million |
Industry Comparison
This section compares China Metal Products Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,115,962,333
- Average return on equity (ROE) among peers: 1.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Metal Products Co Ltd (1532) | NT$18.71 Billion | 11.99% | 1.81x | $161.98 Million |
| Sun Rise E&T Corporation (1343) | $412.47 Million | 0.73% | 0.69x | $22.15 Million |
| Lee Chi Enterprises Co Ltd (1517) | $2.41 Billion | 6.15% | 0.28x | $48.28 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 |