Hua Eng Wire & Cable Co Ltd
Hua Eng Wire & Cable Co., Ltd. engages in wire and cable business in Taiwan. It offers oxygen-free copper wire for various wires and cables, and ultra-thin electronic wires; special oxygen free copper, a special copper material for wind power generation and electric vehicle industries; communication cables for digital transmission of communication and network information; bare copper wire aluminu… Read more
Hua Eng Wire & Cable Co Ltd (1608) - Net Assets
Latest net assets as of September 2025: NT$10.40 Billion TWD
Based on the latest financial reports, Hua Eng Wire & Cable Co Ltd (1608) has net assets worth NT$10.40 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$15.97 Billion) and total liabilities (NT$5.58 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$10.40 Billion |
| % of Total Assets | 65.09% |
| Annual Growth Rate | 0.74% |
| 5-Year Change | 13.42% |
| 10-Year Change | 13.71% |
| Growth Volatility | 12.21 |
Hua Eng Wire & Cable Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Hua Eng Wire & Cable 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 Hua Eng Wire & Cable Co Ltd (2003–2024)
The table below shows the annual net assets of Hua Eng Wire & Cable Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.99 Billion | +3.38% |
| 2023-12-31 | NT$8.69 Billion | +7.56% |
| 2022-12-31 | NT$8.08 Billion | -10.26% |
| 2021-12-31 | NT$9.01 Billion | +13.66% |
| 2020-12-31 | NT$7.92 Billion | +0.17% |
| 2019-12-31 | NT$7.91 Billion | +8.54% |
| 2018-12-31 | NT$7.29 Billion | -12.87% |
| 2017-12-31 | NT$8.36 Billion | +6.01% |
| 2016-12-31 | NT$7.89 Billion | -0.16% |
| 2015-12-31 | NT$7.90 Billion | -13.52% |
| 2014-12-31 | NT$9.14 Billion | -2.82% |
| 2013-12-31 | NT$9.40 Billion | +9.87% |
| 2012-12-31 | NT$8.56 Billion | -4.37% |
| 2011-12-31 | NT$8.95 Billion | -11.92% |
| 2010-12-31 | NT$10.16 Billion | +1.96% |
| 2009-12-31 | NT$9.97 Billion | +15.26% |
| 2008-12-31 | NT$8.65 Billion | -23.77% |
| 2007-12-31 | NT$11.34 Billion | +0.71% |
| 2006-12-31 | NT$11.26 Billion | +6.17% |
| 2005-12-31 | NT$10.61 Billion | +35.29% |
| 2004-12-31 | NT$7.84 Billion | +1.84% |
| 2003-12-31 | NT$7.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hua Eng Wire & Cable 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 112.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$888.80 Million | 11.38% |
| Common Stock | NT$6.33 Billion | 81.04% |
| Other Comprehensive Income | NT$1.21 Billion | 15.45% |
| Total Equity | NT$7.81 Billion | 100.00% |
Hua Eng Wire & Cable Co Ltd Competitors by Market Cap
The table below lists competitors of Hua Eng Wire & Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pha Lai Thermal Power JSC
VN:PPC
|
$104.33 Million |
|
AK Sigorta AS
IS:AKGRT
|
$104.37 Million |
|
ACRES COM.RE.CORP.DL-001
F:R9L
|
$104.37 Million |
|
Apator S.A.
WAR:APT
|
$104.38 Million |
|
Hi-Clearance
TWO:1788
|
$104.25 Million |
|
SB Financial Group Inc
NASDAQ:SBFG
|
$104.23 Million |
|
Shiyan Taixiang Industry Co. Ltd. A
SHE:301192
|
$104.16 Million |
|
Japan Cash Machine Co. Ltd
F:JCM
|
$104.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hua Eng Wire & Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,675,843,000 to 7,807,900,000, a change of 132,057,000 (1.7%).
- Net income of 656,053,000 contributed positively to equity growth.
- Dividend payments of 538,844,000 reduced retained earnings.
- Other comprehensive income increased equity by 119,835,000.
- Other factors decreased equity by 104,987,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$656.05 Million | +8.4% |
| Dividends Paid | NT$538.84 Million | -6.9% |
| Other Comprehensive Income | NT$119.83 Million | +1.53% |
| Other Changes | NT$-104.99 Million | -1.34% |
| Total Change | NT$- | 1.72% |
Book Value vs Market Value Analysis
This analysis compares Hua Eng Wire & Cable 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: 1.84x
- 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 2.40x to 1.84x 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$14.10 | NT$33.80 | x |
| 2010-12-31 | NT$14.75 | NT$33.80 | x |
| 2011-12-31 | NT$13.92 | NT$33.80 | x |
| 2012-12-31 | NT$14.67 | NT$33.80 | x |
| 2013-12-31 | NT$12.65 | NT$33.80 | x |
| 2014-12-31 | NT$18.39 | NT$33.80 | x |
| 2015-12-31 | NT$16.23 | NT$33.80 | x |
| 2016-12-31 | NT$16.19 | NT$33.80 | x |
| 2017-12-31 | NT$16.97 | NT$33.80 | x |
| 2018-12-31 | NT$14.44 | NT$33.80 | x |
| 2019-12-31 | NT$16.06 | NT$33.80 | x |
| 2020-12-31 | NT$15.98 | NT$33.80 | x |
| 2021-12-31 | NT$18.29 | NT$33.80 | x |
| 2022-12-31 | NT$16.42 | NT$33.80 | x |
| 2023-12-31 | NT$18.03 | NT$33.80 | x |
| 2024-12-31 | NT$18.35 | NT$33.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hua Eng Wire & Cable Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.79%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.77x
- Recent ROE (8.40%) is above the historical average (5.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 5.53% | 4.75% | 0.61x | 1.90x | NT$-344.43 Million |
| 2004 | 4.36% | 4.26% | 0.74x | 1.39x | NT$-442.12 Million |
| 2006 | 9.97% | 3.54% | 1.44x | 1.95x | NT$-2.15 Million |
| 2007 | 10.40% | 3.62% | 1.60x | 1.79x | NT$33.17 Million |
| 2009 | 12.66% | 7.55% | 0.95x | 1.76x | NT$200.58 Million |
| 2010 | 3.34% | 1.55% | 1.11x | 1.93x | NT$-508.21 Million |
| 2011 | -0.20% | -0.09% | 1.05x | 2.08x | NT$-711.66 Million |
| 2012 | 7.56% | 3.88% | 1.10x | 1.78x | NT$-173.48 Million |
| 2013 | 5.19% | 3.76% | 0.86x | 1.60x | NT$-385.26 Million |
| 2014 | -0.09% | -0.07% | 0.72x | 1.78x | NT$-787.31 Million |
| 2015 | -2.06% | -1.63% | 0.71x | 1.77x | NT$-830.16 Million |
| 2016 | 1.42% | 1.38% | 0.59x | 1.74x | NT$-589.97 Million |
| 2017 | 6.08% | 5.30% | 0.65x | 1.78x | NT$-282.84 Million |
| 2018 | -10.08% | -7.22% | 0.75x | 1.86x | NT$-1.23 Billion |
| 2019 | 11.59% | 10.12% | 0.64x | 1.80x | NT$108.50 Million |
| 2020 | 4.76% | 4.35% | 0.60x | 1.82x | NT$-356.41 Million |
| 2021 | 17.79% | 13.24% | 0.77x | 1.75x | NT$608.06 Million |
| 2022 | 1.29% | 0.83% | 0.80x | 1.94x | NT$-606.61 Million |
| 2023 | 12.35% | 9.72% | 0.73x | 1.73x | NT$180.26 Million |
| 2024 | 8.40% | 5.79% | 0.82x | 1.77x | NT$-124.74 Million |
Industry Comparison
This section compares Hua Eng Wire & Cable Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,048,170,556
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hua Eng Wire & Cable Co Ltd (1608) | NT$10.40 Billion | 5.53% | 0.54x | $104.26 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |