Evertop Wire Cable Corp
Evertop Wire Cable Corporation engages in the research and development, manufacture, and sale of wires and cables in Taiwan. The company provides bare and electrical wires; and power, communication, optical fiber, solar, electrical hybrid, water-resistant type, and electric vehicle cables under the EVERTOP brand. Its products are used in the building infrastructure, such as offices, residences, s… Read more
Evertop Wire Cable Corp (1616) - Net Assets
Latest net assets as of September 2025: NT$2.25 Billion TWD
Based on the latest financial reports, Evertop Wire Cable Corp (1616) has net assets worth NT$2.25 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$4.44 Billion) and total liabilities (NT$2.19 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$2.25 Billion |
| % of Total Assets | 50.72% |
| Annual Growth Rate | 0.91% |
| 5-Year Change | 46.66% |
| 10-Year Change | 25.46% |
| Growth Volatility | 9.08 |
Evertop Wire Cable Corp - Net Assets Trend (2002–2024)
This chart illustrates how Evertop Wire Cable 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 Evertop Wire Cable Corp (2002–2024)
The table below shows the annual net assets of Evertop Wire Cable Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.21 Billion | +17.61% |
| 2023-12-31 | NT$1.88 Billion | +13.50% |
| 2022-12-31 | NT$1.66 Billion | +3.93% |
| 2021-12-31 | NT$1.59 Billion | +5.72% |
| 2020-12-31 | NT$1.51 Billion | -1.97% |
| 2019-12-31 | NT$1.54 Billion | -4.42% |
| 2018-12-31 | NT$1.61 Billion | +1.84% |
| 2017-12-31 | NT$1.58 Billion | -9.40% |
| 2016-12-31 | NT$1.74 Billion | -1.06% |
| 2015-12-31 | NT$1.76 Billion | +12.37% |
| 2014-12-31 | NT$1.57 Billion | -10.34% |
| 2013-12-31 | NT$1.75 Billion | +0.08% |
| 2012-12-31 | NT$1.75 Billion | +1.66% |
| 2011-12-31 | NT$1.72 Billion | -9.14% |
| 2010-12-31 | NT$1.89 Billion | -5.67% |
| 2009-12-31 | NT$2.00 Billion | -4.17% |
| 2008-12-31 | NT$2.09 Billion | -9.03% |
| 2007-12-31 | NT$2.30 Billion | -5.76% |
| 2006-12-31 | NT$2.44 Billion | +25.53% |
| 2005-12-31 | NT$1.94 Billion | +3.84% |
| 2004-12-31 | NT$1.87 Billion | +4.15% |
| 2003-12-31 | NT$1.80 Billion | -0.60% |
| 2002-12-31 | NT$1.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evertop Wire Cable 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 150.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$390.66 Million | 17.68% |
| Common Stock | NT$1.94 Billion | 87.88% |
| Total Equity | NT$2.21 Billion | 100.00% |
Evertop Wire Cable Corp Competitors by Market Cap
The table below lists competitors of Evertop Wire Cable Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Power Metals Corp
OTCQB:PWRMF
|
$77.30 Million |
|
3-D Matrix Ltd
PINK:DMTRF
|
$77.30 Million |
|
Lhyfe SA
PINK:LHYFF
|
$77.31 Million |
|
ANTARES VISION SPA O.N.
F:2YK
|
$77.32 Million |
|
Shelf Drilling Ltd
PINK:SHLLF
|
$77.26 Million |
|
President Bakery Public Company Limited
BK:PB
|
$77.26 Million |
|
Crimson Wine
OTCQB:CWGL
|
$77.26 Million |
|
Kintor Pharmaceutical Limited
PINK:KNTPF
|
$77.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evertop Wire Cable Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,878,555,000 to 2,209,347,000, a change of 330,792,000 (17.6%).
- Net income of 387,426,000 contributed positively to equity growth.
- Dividend payments of 71,835,000 reduced retained earnings.
- Other comprehensive income increased equity by 61,793,000.
- Other factors decreased equity by 46,592,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$387.43 Million | +17.54% |
| Dividends Paid | NT$71.83 Million | -3.25% |
| Other Comprehensive Income | NT$61.79 Million | +2.8% |
| Other Changes | NT$-46.59 Million | -2.11% |
| Total Change | NT$- | 17.61% |
Book Value vs Market Value Analysis
This analysis compares Evertop Wire Cable 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: 2.15x
- 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 2.36x to 2.15x 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$10.58 | NT$24.95 | x |
| 2010-12-31 | NT$10.00 | NT$24.95 | x |
| 2011-12-31 | NT$9.07 | NT$24.95 | x |
| 2012-12-31 | NT$9.22 | NT$24.95 | x |
| 2013-12-31 | NT$9.22 | NT$24.95 | x |
| 2014-12-31 | NT$8.07 | NT$24.95 | x |
| 2015-12-31 | NT$9.29 | NT$24.95 | x |
| 2016-12-31 | NT$9.19 | NT$24.95 | x |
| 2017-12-31 | NT$8.33 | NT$24.95 | x |
| 2018-12-31 | NT$8.48 | NT$24.95 | x |
| 2019-12-31 | NT$8.11 | NT$24.95 | x |
| 2020-12-31 | NT$7.95 | NT$24.95 | x |
| 2021-12-31 | NT$8.40 | NT$24.95 | x |
| 2022-12-31 | NT$8.73 | NT$24.95 | x |
| 2023-12-31 | NT$9.89 | NT$24.95 | x |
| 2024-12-31 | NT$11.62 | NT$24.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evertop Wire Cable Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.43%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.98x
- Recent ROE (17.54%) is above the historical average (1.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.56% | 3.40% | 0.88x | 1.53x | NT$-98.31 Million |
| 2003 | 0.05% | 0.03% | 0.86x | 1.75x | NT$-178.89 Million |
| 2004 | 6.05% | 2.69% | 1.22x | 1.85x | NT$-73.85 Million |
| 2006 | 5.33% | 1.76% | 1.20x | 2.51x | NT$-114.03 Million |
| 2009 | -2.93% | -1.47% | 1.10x | 1.81x | NT$-259.22 Million |
| 2010 | -3.77% | -1.39% | 1.32x | 2.06x | NT$-261.09 Million |
| 2011 | -11.27% | -3.68% | 1.43x | 2.14x | NT$-365.34 Million |
| 2012 | 0.72% | 0.29% | 1.22x | 2.03x | NT$-162.06 Million |
| 2013 | 0.19% | 0.10% | 0.96x | 2.03x | NT$-171.52 Million |
| 2014 | -12.10% | -4.94% | 1.00x | 2.46x | NT$-346.24 Million |
| 2015 | 10.88% | 5.49% | 0.89x | 2.23x | NT$15.46 Million |
| 2016 | 1.23% | 0.73% | 0.85x | 1.98x | NT$-152.87 Million |
| 2017 | -6.98% | -3.84% | 0.84x | 2.17x | NT$-268.04 Million |
| 2018 | 0.65% | 0.34% | 0.99x | 1.93x | NT$-150.29 Million |
| 2019 | -3.79% | -1.85% | 1.09x | 1.89x | NT$-211.85 Million |
| 2020 | 0.11% | 0.06% | 0.97x | 1.84x | NT$-148.94 Million |
| 2021 | 5.94% | 2.95% | 1.03x | 1.96x | NT$-64.69 Million |
| 2022 | 1.11% | 0.50% | 1.15x | 1.95x | NT$-147.05 Million |
| 2023 | 12.02% | 5.49% | 1.23x | 1.78x | NT$37.87 Million |
| 2024 | 17.54% | 8.43% | 1.05x | 1.98x | NT$166.49 Million |
Industry Comparison
This section compares Evertop Wire Cable Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,561,639,300
- Average return on equity (ROE) among peers: 5.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evertop Wire Cable Corp (1616) | NT$2.25 Billion | 4.56% | 0.97x | $77.29 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.75 Billion | 6.19% | 1.12x | $1.67 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $733.97 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $3.52 Billion |
| Klingon Aerospace Inc (1529) | $866.34 Million | 0.60% | 0.90x | $91.79 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $225.04 Million |
| Chieftek Precision Co Ltd (1597) | $2.39 Billion | 3.92% | 0.74x | $140.71 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.99 Billion | 7.30% | 0.54x | $104.41 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.45 Billion | 0.38% | 1.38x | $704.53 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $5.94 Billion | 13.21% | 0.25x | $213.60 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.33 Billion | 11.87% | 0.76x | $98.71 Million |