Chiu Ting Machinery Co Ltd
Chiu Ting Machinery Co., Ltd. manufactures, and sells of planers, jointers, table saws, and shapers in Taiwan, Oceania, the United States, and internationally. It offers benchtop planer, benchtop jointer, stationary planer, parallelogram jointer, benchtop table saw, cabinet table saw, and spindler shaper, as well as sander products. The company also provides wood lathes, woodworking machinery par… Read more
Chiu Ting Machinery Co Ltd (1539) - Net Assets
Latest net assets as of September 2025: NT$1.58 Billion TWD
Based on the latest financial reports, Chiu Ting Machinery Co Ltd (1539) has net assets worth NT$1.58 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$2.18 Billion) and total liabilities (NT$605.00 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$1.58 Billion |
| % of Total Assets | 72.26% |
| Annual Growth Rate | 2.54% |
| 5-Year Change | 30.87% |
| 10-Year Change | 65.3% |
| Growth Volatility | 11.59 |
Chiu Ting Machinery Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Chiu Ting Machinery 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 Chiu Ting Machinery Co Ltd (2002–2024)
The table below shows the annual net assets of Chiu Ting Machinery Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.64 Billion | +3.48% |
| 2023-12-31 | NT$1.58 Billion | -5.92% |
| 2022-12-31 | NT$1.68 Billion | +25.29% |
| 2021-12-31 | NT$1.34 Billion | +7.30% |
| 2020-12-31 | NT$1.25 Billion | -4.96% |
| 2019-12-31 | NT$1.32 Billion | -3.37% |
| 2018-12-31 | NT$1.36 Billion | +23.58% |
| 2017-12-31 | NT$1.10 Billion | -0.20% |
| 2016-12-31 | NT$1.10 Billion | +11.52% |
| 2015-12-31 | NT$990.48 Million | +19.87% |
| 2014-12-31 | NT$826.27 Million | +18.57% |
| 2013-12-31 | NT$696.87 Million | +13.29% |
| 2012-12-31 | NT$615.13 Million | -2.87% |
| 2011-12-31 | NT$633.33 Million | -5.37% |
| 2010-12-31 | NT$669.23 Million | -8.16% |
| 2009-12-31 | NT$728.70 Million | -8.13% |
| 2008-12-31 | NT$793.16 Million | -1.37% |
| 2007-12-31 | NT$804.17 Million | +11.34% |
| 2006-12-31 | NT$722.28 Million | +2.23% |
| 2005-12-31 | NT$706.50 Million | -21.98% |
| 2004-12-31 | NT$905.57 Million | -3.05% |
| 2003-12-31 | NT$934.09 Million | -0.86% |
| 2002-12-31 | NT$942.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chiu Ting Machinery 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 426.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$819.31 Million | 50.04% |
| Common Stock | NT$653.70 Million | 39.93% |
| Other Comprehensive Income | NT$164.22 Million | 10.03% |
| Total Equity | NT$1.64 Billion | 100.00% |
Chiu Ting Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Chiu Ting Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Desert Mountain Energy Corp
OTCQX:DMEHF
|
$14.14 Million |
|
True North Copper Ltd
AU:TNC
|
$14.14 Million |
|
Alphaville S.A
SA:AVLL3
|
$14.14 Million |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
$14.14 Million |
|
Future Retail Limited
NSE:FRETAIL
|
$14.13 Million |
|
Versatile Creative Bhd
KLSE:4995
|
$14.13 Million |
|
Xos Inc
NASDAQ:XOS
|
$14.12 Million |
|
Alpha Microelectronics
TWO:8024
|
$14.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chiu Ting Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,582,224,000 to 1,637,233,000, a change of 55,009,000 (3.5%).
- Net income of 92,214,000 contributed positively to equity growth.
- Dividend payments of 39,222,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,432,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$92.21 Million | +5.63% |
| Dividends Paid | NT$39.22 Million | -2.4% |
| Other Comprehensive Income | NT$6.43 Million | +0.39% |
| Other Changes | NT$-4.42 Million | -0.27% |
| Total Change | NT$- | 3.48% |
Book Value vs Market Value Analysis
This analysis compares Chiu Ting Machinery 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: 0.68x
- 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 1.52x to 0.68x 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$11.15 | NT$16.95 | x |
| 2010-12-31 | NT$10.24 | NT$16.95 | x |
| 2011-12-31 | NT$9.69 | NT$16.95 | x |
| 2012-12-31 | NT$9.41 | NT$16.95 | x |
| 2013-12-31 | NT$10.66 | NT$16.95 | x |
| 2014-12-31 | NT$12.58 | NT$16.95 | x |
| 2015-12-31 | NT$15.08 | NT$16.95 | x |
| 2016-12-31 | NT$16.83 | NT$16.95 | x |
| 2017-12-31 | NT$16.81 | NT$16.95 | x |
| 2018-12-31 | NT$20.68 | NT$16.95 | x |
| 2019-12-31 | NT$20.07 | NT$16.95 | x |
| 2020-12-31 | NT$19.14 | NT$16.95 | x |
| 2021-12-31 | NT$20.49 | NT$16.95 | x |
| 2022-12-31 | NT$25.55 | NT$16.95 | x |
| 2023-12-31 | NT$24.14 | NT$16.95 | x |
| 2024-12-31 | NT$24.99 | NT$16.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chiu Ting Machinery Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.89%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.38x
- Recent ROE (5.63%) is below the historical average (6.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.62% | 4.40% | 0.83x | 1.53x | NT$-41.26 Million |
| 2003 | 3.89% | 2.31% | 0.76x | 2.22x | NT$-57.03 Million |
| 2004 | 1.51% | 0.71% | 0.99x | 2.14x | NT$-76.92 Million |
| 2006 | 1.52% | 0.57% | 1.06x | 2.52x | NT$-61.28 Million |
| 2007 | 9.67% | 3.22% | 1.22x | 2.46x | NT$-2.66 Million |
| 2009 | -8.65% | -6.45% | 0.67x | 2.02x | NT$-135.92 Million |
| 2010 | -8.44% | -4.42% | 0.83x | 2.29x | NT$-123.40 Million |
| 2011 | -4.92% | -2.51% | 0.83x | 2.36x | NT$-94.50 Million |
| 2012 | -2.63% | -1.18% | 0.84x | 2.68x | NT$-77.69 Million |
| 2013 | 12.97% | 4.63% | 1.14x | 2.46x | NT$20.69 Million |
| 2014 | 15.90% | 5.25% | 1.29x | 2.34x | NT$48.73 Million |
| 2015 | 22.54% | 8.10% | 0.93x | 2.99x | NT$124.24 Million |
| 2016 | 17.48% | 6.50% | 0.94x | 2.85x | NT$82.65 Million |
| 2017 | 6.93% | 2.73% | 0.88x | 2.90x | NT$-33.86 Million |
| 2018 | 24.32% | 12.77% | 0.83x | 2.29x | NT$195.08 Million |
| 2019 | 5.31% | 3.18% | 0.65x | 2.55x | NT$-61.74 Million |
| 2020 | -1.49% | -0.81% | 0.52x | 3.55x | NT$-143.70 Million |
| 2021 | 6.59% | 2.81% | 0.80x | 2.93x | NT$-45.81 Million |
| 2022 | 23.32% | 15.69% | 0.94x | 1.57x | NT$224.06 Million |
| 2023 | 3.98% | 4.11% | 0.61x | 1.59x | NT$-95.22 Million |
| 2024 | 5.63% | 6.89% | 0.59x | 1.38x | NT$-71.51 Million |
Industry Comparison
This section compares Chiu Ting Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $14,926,267,889
- Average return on equity (ROE) among peers: 11.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chiu Ting Machinery Co Ltd (1539) | NT$1.58 Billion | 5.62% | 0.38x | $14.13 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |