Namchow Chemical Industrial Co Ltd (1702) - Net Assets
Based on the latest financial reports, Namchow Chemical Industrial Co Ltd (1702) has net assets worth NT$15.53 Billion TWD (≈ $489.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$33.44 Billion ≈ $1.05 Billion USD) and total liabilities (NT$17.91 Billion ≈ $564.34 Million USD). 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. Check how resilient are Namchow Chemical Industrial Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$15.53 Billion |
| % of Total Assets | 46.43% |
| Annual Growth Rate | 8.79% |
| 5-Year Change | 31.18% |
| 10-Year Change | 176.14% |
| Growth Volatility | 17.13 |
Namchow Chemical Industrial Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Namchow Chemical Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Namchow Chemical Industrial Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Namchow Chemical Industrial Co Ltd (2002–2025)
The table below shows the annual net assets of Namchow Chemical Industrial Co Ltd from 2002 to 2025. For live valuation and market cap data, see Namchow Chemical Industrial Co Ltd (1702) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$15.53 Billion ≈ $489.17 Million |
+4.63% |
| 2024-12-31 | NT$14.84 Billion ≈ $467.53 Million |
+18.33% |
| 2023-12-31 | NT$12.54 Billion ≈ $395.11 Million |
+1.30% |
| 2022-12-31 | NT$12.38 Billion ≈ $390.04 Million |
+4.60% |
| 2021-12-31 | NT$11.84 Billion ≈ $372.89 Million |
+70.17% |
| 2020-12-31 | NT$6.96 Billion ≈ $219.13 Million |
+8.34% |
| 2019-12-31 | NT$6.42 Billion ≈ $202.27 Million |
+1.97% |
| 2018-12-31 | NT$6.30 Billion ≈ $198.36 Million |
+5.54% |
| 2017-12-31 | NT$5.97 Billion ≈ $187.94 Million |
+6.10% |
| 2016-12-31 | NT$5.62 Billion ≈ $177.15 Million |
-0.38% |
| 2015-12-31 | NT$5.64 Billion ≈ $177.82 Million |
+7.45% |
| 2014-12-31 | NT$5.25 Billion ≈ $165.49 Million |
+13.50% |
| 2013-12-31 | NT$4.63 Billion ≈ $145.80 Million |
+13.04% |
| 2012-12-31 | NT$4.09 Billion ≈ $128.97 Million |
+2.37% |
| 2011-12-31 | NT$4.00 Billion ≈ $125.99 Million |
+7.09% |
| 2010-12-31 | NT$3.73 Billion ≈ $117.65 Million |
+14.70% |
| 2009-12-31 | NT$3.26 Billion ≈ $102.57 Million |
+17.07% |
| 2008-12-31 | NT$2.78 Billion ≈ $87.62 Million |
+6.60% |
| 2007-12-31 | NT$2.61 Billion ≈ $82.19 Million |
-25.90% |
| 2006-12-31 | NT$3.52 Billion ≈ $110.92 Million |
+4.58% |
| 2005-12-31 | NT$3.37 Billion ≈ $106.07 Million |
+42.03% |
| 2004-12-31 | NT$2.37 Billion ≈ $74.68 Million |
-3.89% |
| 2003-12-31 | NT$2.47 Billion ≈ $77.70 Million |
+10.30% |
| 2002-12-31 | NT$2.24 Billion ≈ $70.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Namchow Chemical Industrial 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 9042.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.12 Billion | 42.66% |
| Common Stock | NT$2.94 Billion | 24.53% |
| Other Comprehensive Income | NT$2.89 Billion | 24.12% |
| Other Components | NT$1.04 Billion | 8.69% |
| Total Equity | NT$11.99 Billion | 100.00% |
Namchow Chemical Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Namchow Chemical Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Huaqi Environmental Protection Technology Co. Ltd.
SHE:300929
|
$274.37 Million |
|
NovaBridge Biosciences
NASDAQ:NBP
|
$274.39 Million |
|
FutureChem Co.Ltd
KQ:220100
|
$274.64 Million |
|
Blue Foundry Bancorp
NASDAQ:BLFY
|
$274.88 Million |
|
Mangalam Cement Limited
NSE:MANGLMCEM
|
$274.33 Million |
|
Bourrelier Group SA
PA:ALBOU
|
$274.32 Million |
|
Watts SA
SN:WATTS
|
$274.26 Million |
|
Qingyan Environmental Technology Co. Ltd.
SHE:301288
|
$274.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Namchow Chemical Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,796,469,000 to 11,990,559,000, a change of 194,090,000 (1.6%).
- Net income of 276,896,000 contributed positively to equity growth.
- Dividend payments of 780,091,000 reduced retained earnings.
- Other comprehensive income increased equity by 289,317,000.
- Other factors increased equity by 407,968,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$276.90 Million | +2.31% |
| Dividends Paid | NT$780.09 Million | -6.51% |
| Other Comprehensive Income | NT$289.32 Million | +2.41% |
| Other Changes | NT$407.97 Million | +3.4% |
| Total Change | NT$- | 1.65% |
Book Value vs Market Value Analysis
This analysis compares Namchow Chemical Industrial 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: 1.13x
- 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 3.16x to 1.13x 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$11.09 | NT$35.10 | x |
| 2007-12-31 | NT$9.96 | NT$35.10 | x |
| 2008-12-31 | NT$10.24 | NT$35.10 | x |
| 2009-12-31 | NT$11.74 | NT$35.10 | x |
| 2010-12-31 | NT$14.73 | NT$35.10 | x |
| 2011-12-31 | NT$15.45 | NT$35.10 | x |
| 2012-12-31 | NT$15.89 | NT$35.10 | x |
| 2013-12-31 | NT$17.99 | NT$35.10 | x |
| 2014-12-31 | NT$20.46 | NT$35.10 | x |
| 2015-12-31 | NT$22.14 | NT$35.10 | x |
| 2016-12-31 | NT$22.43 | NT$35.10 | x |
| 2017-12-31 | NT$23.05 | NT$35.10 | x |
| 2018-12-31 | NT$24.25 | NT$35.10 | x |
| 2019-12-31 | NT$24.64 | NT$35.10 | x |
| 2020-12-31 | NT$26.69 | NT$35.10 | x |
| 2021-12-31 | NT$36.66 | NT$35.10 | x |
| 2022-12-31 | NT$38.15 | NT$35.10 | x |
| 2023-12-31 | NT$39.57 | NT$35.10 | x |
| 2024-12-31 | NT$47.50 | NT$35.10 | x |
| 2025-12-31 | NT$30.99 | NT$35.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Namchow Chemical Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.20%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.79x
- Recent ROE (2.31%) is below the historical average (10.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.50% | 1.30% | 0.57x | 3.35x | NT$-167.65 Million |
| 2003 | 6.53% | 3.79% | 0.58x | 2.99x | NT$-85.68 Million |
| 2004 | 5.70% | 2.63% | 0.60x | 3.61x | NT$-102.01 Million |
| 2006 | -5.25% | -2.55% | 0.60x | 3.41x | NT$-411.03 Million |
| 2007 | 0.83% | 0.31% | 0.72x | 3.75x | NT$-221.84 Million |
| 2008 | 0.48% | 0.15% | 0.86x | 3.65x | NT$-236.82 Million |
| 2009 | 13.16% | 4.69% | 0.92x | 3.04x | NT$90.03 Million |
| 2010 | 14.40% | 5.41% | 1.01x | 2.64x | NT$158.33 Million |
| 2011 | 9.08% | 3.16% | 0.94x | 3.04x | NT$-35.37 Million |
| 2012 | 11.31% | 3.70% | 1.05x | 2.92x | NT$51.74 Million |
| 2013 | 19.12% | 6.36% | 1.01x | 2.97x | NT$407.54 Million |
| 2014 | 18.67% | 6.40% | 0.88x | 3.33x | NT$440.55 Million |
| 2015 | 20.23% | 7.19% | 0.84x | 3.35x | NT$562.87 Million |
| 2016 | 21.65% | 7.40% | 0.88x | 3.34x | NT$648.69 Million |
| 2017 | 17.36% | 5.78% | 0.76x | 3.93x | NT$420.88 Million |
| 2018 | 16.86% | 5.54% | 0.83x | 3.68x | NT$412.15 Million |
| 2019 | 15.80% | 5.26% | 0.77x | 3.91x | NT$354.00 Million |
| 2020 | 14.36% | 5.40% | 0.70x | 3.83x | NT$288.74 Million |
| 2021 | 11.76% | 5.39% | 0.68x | 3.23x | NT$160.47 Million |
| 2022 | 5.91% | 2.73% | 0.67x | 3.22x | NT$-387.60 Million |
| 2023 | 10.60% | 4.59% | 0.75x | 3.08x | NT$59.08 Million |
| 2024 | 8.56% | 4.25% | 0.72x | 2.79x | NT$-169.62 Million |
| 2025 | 2.31% | 1.20% | 0.69x | 2.79x | NT$-922.16 Million |
Industry Comparison
This section compares Namchow Chemical Industrial Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $25,811,164,000
- Average return on equity (ROE) among peers: 6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Namchow Chemical Industrial Co Ltd (1702) | NT$15.53 Billion | 2.50% | 1.15x | $274.35 Million |
| Wei Chuan Foods Corp (1201) | $6.86 Billion | 7.81% | 1.63x | $199.30 Million |
| Ve Wong Corp (1203) | $3.33 Billion | 6.22% | 0.95x | $326.52 Million |
| Great Wall Enterprise Co Ltd (1210) | $14.78 Billion | 7.31% | 0.91x | $1.41 Billion |
| Charoen Pokphand Enterprise Taiwan Co Ltd (1215) | $5.18 Billion | 13.27% | 0.86x | $1.29 Billion |
| Uni-President Enterprises Corp (1216) | $210.68 Billion | 9.32% | 2.50x | $12.41 Billion |
| AGV Products Corp (1217) | $5.87 Billion | 0.87% | 1.13x | $154.24 Million |
| Taisun Enterprise Co Ltd (1218) | $3.67 Billion | 6.42% | 1.09x | $290.35 Million |
| Fwusow Industry Co Ltd (1219) | $3.64 Billion | 6.82% | 0.62x | $145.14 Million |
| Tai Roun Products Co Ltd (1220) | $2.39 Billion | 3.24% | 0.27x | $69.47 Million |
| Formosa Oilseed Processing Co Ltd (1225) | $1.71 Billion | 0.00% | 0.96x | $244.25 Million |
About Namchow Chemical Industrial Co Ltd
Namchow Holdings Co., Ltd., together with its subsidiaries, manufactures, processes, and sells edible and non-edible oil, frozen dough, and dish and laundry liquid detergent products in Taiwan, China, and Thailand. The company operates through Edible and Non-Edible Oil Products; Detergent Products; Frozen Dough; Ice Cream Products; Foods; Catering; and Management, Rental Revenue and Others segmen… Read more