China Ecotek Corp
China Ecotek Corporation provides planning, design, installation, maintenance, and environmental impact assessment services for environmental protection engineering, cogeneration engineering, and steel industry in Taiwan. It is involved in design and construction services. The company also engages in instrument, mechanical, water treatment, electrical, conveyor system engineering, refractory mate… Read more
China Ecotek Corp (1535) - Net Assets
Latest net assets as of September 2025: NT$3.63 Billion TWD
Based on the latest financial reports, China Ecotek Corp (1535) has net assets worth NT$3.63 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$6.96 Billion) and total liabilities (NT$3.34 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$3.63 Billion |
| % of Total Assets | 52.09% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 26.43% |
| 10-Year Change | 7.11% |
| Growth Volatility | 9.25 |
China Ecotek Corp - Net Assets Trend (2003–2024)
This chart illustrates how China Ecotek Corp'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 Ecotek Corp (2003–2024)
The table below shows the annual net assets of China Ecotek Corp from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.74 Billion | +2.22% |
| 2023-12-31 | NT$3.66 Billion | +4.28% |
| 2022-12-31 | NT$3.51 Billion | +8.70% |
| 2021-12-31 | NT$3.23 Billion | +9.11% |
| 2020-12-31 | NT$2.96 Billion | -0.17% |
| 2019-12-31 | NT$2.97 Billion | -1.09% |
| 2018-12-31 | NT$3.00 Billion | -2.11% |
| 2017-12-31 | NT$3.06 Billion | -4.49% |
| 2016-12-31 | NT$3.21 Billion | -8.24% |
| 2015-12-31 | NT$3.49 Billion | -3.99% |
| 2014-12-31 | NT$3.64 Billion | +11.13% |
| 2013-12-31 | NT$3.27 Billion | +18.18% |
| 2012-12-31 | NT$2.77 Billion | +16.97% |
| 2011-12-31 | NT$2.37 Billion | +7.35% |
| 2010-12-31 | NT$2.21 Billion | +7.65% |
| 2009-12-31 | NT$2.05 Billion | +11.11% |
| 2008-12-31 | NT$1.85 Billion | +35.05% |
| 2007-12-31 | NT$1.37 Billion | +7.84% |
| 2006-12-31 | NT$1.27 Billion | +11.68% |
| 2005-12-31 | NT$1.13 Billion | +6.50% |
| 2004-12-31 | NT$1.07 Billion | +4.28% |
| 2003-12-31 | NT$1.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Ecotek Corp'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 847.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.14 Billion | 30.50% |
| Common Stock | NT$1.24 Billion | 33.06% |
| Other Comprehensive Income | NT$735.00 Million | 19.64% |
| Other Components | NT$628.64 Million | 16.80% |
| Total Equity | NT$3.74 Billion | 100.00% |
China Ecotek Corp Competitors by Market Cap
The table below lists competitors of China Ecotek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clover Leaf Capital Corp
PINK:CLOE
|
$61.91 Million |
|
FNM S.p.A.
LSE:0EHB
|
$61.92 Million |
|
Phenixfin Corporation
NASDAQ:PFX
|
$61.94 Million |
|
NewMed Energy - Limited Partnership
TA:NWMD
|
$62.00 Million |
|
MediciNova Inc
NASDAQ:MNOV
|
$61.88 Million |
|
Easy Field
TWO:6425
|
$61.87 Million |
|
Vectron Systems AG
F:V3S
|
$61.86 Million |
|
Deutsche Konsum REIT AG
XETRA:DKG
|
$61.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Ecotek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,661,148,000 to 3,742,514,000, a change of 81,366,000 (2.2%).
- Net income of 501,893,000 contributed positively to equity growth.
- Dividend payments of 408,350,000 reduced retained earnings.
- Other comprehensive income increased equity by 38,706,000.
- Other factors decreased equity by 50,883,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$501.89 Million | +13.41% |
| Dividends Paid | NT$408.35 Million | -10.91% |
| Other Comprehensive Income | NT$38.71 Million | +1.03% |
| Other Changes | NT$-50.88 Million | -1.36% |
| Total Change | NT$- | 2.22% |
Book Value vs Market Value Analysis
This analysis compares China Ecotek Corp'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: 1.75x
- 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 2.92x to 1.75x 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$18.05 | NT$52.70 | x |
| 2010-12-31 | NT$19.45 | NT$52.70 | x |
| 2011-12-31 | NT$20.84 | NT$52.70 | x |
| 2012-12-31 | NT$22.91 | NT$52.70 | x |
| 2013-12-31 | NT$25.74 | NT$52.70 | x |
| 2014-12-31 | NT$29.26 | NT$52.70 | x |
| 2015-12-31 | NT$28.10 | NT$52.70 | x |
| 2016-12-31 | NT$25.84 | NT$52.70 | x |
| 2017-12-31 | NT$24.71 | NT$52.70 | x |
| 2018-12-31 | NT$24.19 | NT$52.70 | x |
| 2019-12-31 | NT$23.93 | NT$52.70 | x |
| 2020-12-31 | NT$23.87 | NT$52.70 | x |
| 2021-12-31 | NT$25.99 | NT$52.70 | x |
| 2022-12-31 | NT$28.22 | NT$52.70 | x |
| 2023-12-31 | NT$29.47 | NT$52.70 | x |
| 2024-12-31 | NT$30.15 | NT$52.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Ecotek Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.62%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 1.91x
- Recent ROE (13.41%) is below the historical average (13.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.11% | 1.99% | 0.53x | 3.88x | NT$-60.15 Million |
| 2004 | 6.11% | 4.03% | 0.48x | 3.19x | NT$-41.39 Million |
| 2006 | 15.05% | 6.08% | 1.20x | 2.06x | NT$63.96 Million |
| 2007 | 16.84% | 5.43% | 1.62x | 1.91x | NT$93.44 Million |
| 2008 | 19.70% | 4.99% | 2.09x | 1.89x | NT$178.92 Million |
| 2009 | 20.44% | 7.14% | 1.49x | 1.92x | NT$214.03 Million |
| 2010 | 22.77% | 6.71% | 1.67x | 2.03x | NT$281.70 Million |
| 2011 | 23.40% | 6.53% | 1.72x | 2.08x | NT$317.47 Million |
| 2012 | 22.63% | 5.65% | 1.83x | 2.18x | NT$350.07 Million |
| 2013 | 18.77% | 5.99% | 1.32x | 2.37x | NT$287.32 Million |
| 2014 | 18.70% | 6.58% | 1.40x | 2.03x | NT$316.73 Million |
| 2015 | 14.57% | 5.32% | 1.40x | 1.95x | NT$159.51 Million |
| 2016 | 7.74% | 2.93% | 1.12x | 2.36x | NT$-72.61 Million |
| 2017 | 6.10% | 1.87% | 1.30x | 2.50x | NT$-119.44 Million |
| 2018 | 3.26% | 0.91% | 1.34x | 2.70x | NT$-201.92 Million |
| 2019 | 4.28% | 1.36% | 1.51x | 2.08x | NT$-169.66 Million |
| 2020 | 6.67% | 2.23% | 1.31x | 2.27x | NT$-98.59 Million |
| 2021 | 12.50% | 4.76% | 1.24x | 2.12x | NT$80.88 Million |
| 2022 | 14.83% | 5.89% | 1.27x | 1.98x | NT$169.42 Million |
| 2023 | 15.21% | 5.71% | 1.43x | 1.87x | NT$190.78 Million |
| 2024 | 13.41% | 4.62% | 1.52x | 1.91x | NT$127.64 Million |
Industry Comparison
This section compares China Ecotek Corp's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $930,129,286
- Average return on equity (ROE) among peers: 9.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Ecotek Corp (1535) | NT$3.63 Billion | 4.11% | 0.92x | $61.88 Million |
| Bright Sheland International Co Ltd (4556) | $840.67 Million | 3.89% | 1.20x | $11.85 Million |
| Desiccant Technology Corporation (5292) | $926.89 Million | 26.11% | 1.46x | $120.51 Million |
| GSD Technologies Co. Ltd (6641) | $671.50 Million | 3.84% | 0.67x | $8.79 Million |
| JG Environmental Technology Co.,Ltd. (6723) | $366.55 Million | 6.53% | 1.05x | $12.16 Million |
| Mega Union Technology Inc. (6944) | $1.05 Billion | 18.95% | 5.63x | $1.21 Billion |
| Fluxtek International Corp. (7443) | $261.28 Million | 7.47% | 1.23x | $2.54K |
| Super Dragon Technology Co Ltd (9955) | $2.40 Billion | 2.04% | 0.35x | $49.34 Million |