Formosan Union Chemical Corp Net Assets
Formosan Union Chemical Corp net assets. Based on the latest financial reports, Formosan Union Chemical Corp (1709) has net assets worth NT$9.25 Billion TWD (≈ $291.49 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.34 Billion ≈ $388.82 Million USD) and total liabilities (NT$3.09 Billion ≈ $97.33 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. Also explore 1709 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.25 Billion |
| % of Total Assets | 74.97% |
| Annual Growth Rate | 5.41% |
| 5-Year Change | 16.66% |
| 10-Year Change | 23.02% |
| Growth Volatility | 6.89 |
Net Assets of Formosan Union Chemical Corp (2002–2025)
Net assets of Formosan Union Chemical Corp from 2002 to 2025. This chart illustrates how Formosan Union Chemical Corp's net assets have evolved over time, based on quarterly financial data. See Formosan Union Chemical Corp balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Formosan Union Chemical Corp (2002–2025)
The table below shows the annual net assets of Formosan Union Chemical Corp from 2002 to 2025. For live market cap and overall valuation, see Formosan Union Chemical Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.21 Billion ≈ $290.27 Million |
-1.35% |
| 2024-12-31 | NT$9.34 Billion ≈ $294.25 Million |
+13.14% |
| 2023-12-31 | NT$8.25 Billion ≈ $260.07 Million |
-3.45% |
| 2022-12-31 | NT$8.55 Billion ≈ $269.36 Million |
+8.26% |
| 2021-12-31 | NT$7.90 Billion ≈ $248.82 Million |
+5.51% |
| 2020-12-31 | NT$7.48 Billion ≈ $235.82 Million |
+3.17% |
| 2019-12-31 | NT$7.26 Billion ≈ $228.58 Million |
-3.07% |
| 2018-12-31 | NT$7.48 Billion ≈ $235.82 Million |
-4.01% |
| 2017-12-31 | NT$7.80 Billion ≈ $245.68 Million |
+4.12% |
| 2016-12-31 | NT$7.49 Billion ≈ $235.96 Million |
+7.97% |
| 2015-12-31 | NT$6.94 Billion ≈ $218.54 Million |
+6.25% |
| 2014-12-31 | NT$6.53 Billion ≈ $205.68 Million |
+0.65% |
| 2013-12-31 | NT$6.49 Billion ≈ $204.35 Million |
+5.91% |
| 2012-12-31 | NT$6.12 Billion ≈ $192.95 Million |
+0.09% |
| 2011-12-31 | NT$6.12 Billion ≈ $192.78 Million |
+10.23% |
| 2010-12-31 | NT$5.55 Billion ≈ $174.89 Million |
+19.10% |
| 2009-12-31 | NT$4.66 Billion ≈ $146.84 Million |
+6.56% |
| 2008-12-31 | NT$4.37 Billion ≈ $137.80 Million |
+19.65% |
| 2007-12-31 | NT$3.66 Billion ≈ $115.17 Million |
+4.16% |
| 2006-12-31 | NT$3.51 Billion ≈ $110.57 Million |
+3.14% |
| 2005-12-31 | NT$3.40 Billion ≈ $107.20 Million |
+20.16% |
| 2004-12-31 | NT$2.83 Billion ≈ $89.21 Million |
-0.38% |
| 2003-12-31 | NT$2.84 Billion ≈ $89.55 Million |
+3.56% |
| 2002-12-31 | NT$2.74 Billion ≈ $86.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Formosan Union Chemical 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 637.6% over the analyzed period, indicating profitable operations and earnings retention.
Formosan Union Chemical Corp Net Assets Breakdown (December 2025)
Formosan Union Chemical Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.80 Billion | 20.11% |
| Common Stock | NT$4.77 Billion | 53.31% |
| Other Comprehensive Income | NT$2.32 Billion | 25.93% |
| Other Components | NT$58.83 Million | 0.66% |
| Total Equity | NT$8.95 Billion | 100.00% |
Formosan Union Chemical Corp Competitors by Market Cap
The table below lists competitors of Formosan Union Chemical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acrel Co LTD
SHE:300286
|
$661.29 Million |
|
Guangdong Champion Asia Electronics Co Ltd
SHG:603386
|
$661.35 Million |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
$661.44 Million |
|
Shore Bancshares Inc
NASDAQ:SHBI
|
$661.52 Million |
|
Citic Guoan Wine Co Ltd
SHG:600084
|
$661.04 Million |
|
Mutares SE & Co. KGaA
XETRA:MUX
|
$660.94 Million |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320
|
$660.73 Million |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121
|
$660.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Formosan Union Chemical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,070,638,000 to 8,948,329,000, a change of -122,309,000 (-1.3%).
- Net income of 586,141,000 contributed positively to equity growth.
- Dividend payments of 381,613,000 reduced retained earnings.
- Other comprehensive income decreased equity by 437,705,999.
- Other factors increased equity by 110,868,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$586.14 Million | +6.55% |
| Dividends Paid | NT$381.61 Million | -4.26% |
| Other Comprehensive Income | NT$-437.71 Million | -4.89% |
| Other Changes | NT$110.87 Million | +1.24% |
| Total Change | NT$- | -1.35% |
Book Value vs Market Value Analysis
This analysis compares Formosan Union Chemical 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: 2.34x
- 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 5.18x to 2.34x 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$8.49 | NT$44.00 | x |
| 2007-12-31 | NT$8.79 | NT$44.00 | x |
| 2008-12-31 | NT$10.56 | NT$44.00 | x |
| 2009-12-31 | NT$10.85 | NT$44.00 | x |
| 2010-12-31 | NT$12.94 | NT$44.00 | x |
| 2011-12-31 | NT$13.84 | NT$44.00 | x |
| 2012-12-31 | NT$13.99 | NT$44.00 | x |
| 2013-12-31 | NT$14.61 | NT$44.00 | x |
| 2014-12-31 | NT$13.39 | NT$44.00 | x |
| 2015-12-31 | NT$13.82 | NT$44.00 | x |
| 2016-12-31 | NT$14.83 | NT$44.00 | x |
| 2017-12-31 | NT$15.49 | NT$44.00 | x |
| 2018-12-31 | NT$14.87 | NT$44.00 | x |
| 2019-12-31 | NT$13.92 | NT$44.00 | x |
| 2020-12-31 | NT$15.01 | NT$44.00 | x |
| 2021-12-31 | NT$15.93 | NT$44.00 | x |
| 2022-12-31 | NT$17.28 | NT$44.00 | x |
| 2023-12-31 | NT$16.71 | NT$44.00 | x |
| 2024-12-31 | NT$18.97 | NT$44.00 | x |
| 2025-12-31 | NT$18.78 | NT$44.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Formosan Union Chemical Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.51%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.35x
- Recent ROE (6.55%) is below the historical average (7.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.54% | 4.13% | 1.12x | 1.42x | NT$-94.99 Million |
| 2003 | 5.41% | 3.28% | 1.21x | 1.36x | NT$-130.45 Million |
| 2004 | 2.61% | 1.42% | 1.26x | 1.46x | NT$-209.38 Million |
| 2006 | 6.16% | 2.96% | 1.36x | 1.53x | NT$-126.23 Million |
| 2007 | 6.09% | 2.44% | 1.46x | 1.70x | NT$-133.08 Million |
| 2008 | 7.83% | 3.23% | 1.47x | 1.65x | NT$-88.72 Million |
| 2009 | 7.58% | 4.12% | 1.23x | 1.50x | NT$-105.05 Million |
| 2010 | 10.32% | 5.12% | 1.40x | 1.44x | NT$16.72 Million |
| 2011 | 14.42% | 6.67% | 1.41x | 1.54x | NT$260.08 Million |
| 2012 | 6.87% | 3.41% | 1.30x | 1.55x | NT$-185.59 Million |
| 2013 | 4.79% | 2.62% | 1.14x | 1.60x | NT$-323.21 Million |
| 2014 | 3.01% | 1.69% | 1.09x | 1.64x | NT$-432.92 Million |
| 2015 | 9.70% | 6.72% | 0.92x | 1.57x | NT$-19.46 Million |
| 2016 | 11.99% | 9.90% | 0.83x | 1.46x | NT$140.74 Million |
| 2017 | 8.51% | 7.16% | 0.83x | 1.42x | NT$-110.45 Million |
| 2018 | 5.35% | 3.88% | 0.87x | 1.58x | NT$-330.95 Million |
| 2019 | 3.12% | 2.45% | 0.78x | 1.64x | NT$-473.67 Million |
| 2020 | 7.73% | 6.54% | 0.76x | 1.55x | NT$-163.05 Million |
| 2021 | 12.43% | 10.30% | 0.79x | 1.52x | NT$185.37 Million |
| 2022 | 13.11% | 10.26% | 0.80x | 1.60x | NT$257.32 Million |
| 2023 | 5.24% | 4.43% | 0.78x | 1.51x | NT$-380.33 Million |
| 2024 | 8.09% | 7.12% | 0.81x | 1.41x | NT$-173.49 Million |
| 2025 | 6.55% | 6.51% | 0.74x | 1.35x | NT$-308.69 Million |
Industry Comparison
This section compares Formosan Union Chemical Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $38,413,992,444
- Average return on equity (ROE) among peers: 7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Formosan Union Chemical Corp (1709) | NT$9.25 Billion | 6.54% | 0.33x | $661.26 Million |
| Taiwan Styrene Monomer Corp (1310) | $7.52 Billion | -5.07% | 0.33x | $2.57K |
| Grand Pacific Petrochemical Corp (1312) | $11.90 Billion | 9.97% | 1.34x | $633.68 Million |
| Grand Pacific Petrochemical Corp Pref (1312A) | $20.85 Billion | 11.52% | 0.20x | $13.15 Million |
| UPC Technology Corp (1313) | $9.64 Billion | 4.58% | 0.60x | $475.89 Million |
| Formosa Chemicals & Fibre Corp (1326) | $267.87 Billion | 17.80% | 0.57x | $12.60 Billion |
| Sesoda Corp (1708) | $2.70 Billion | 3.96% | 0.49x | $364.00 Million |
| Oriental Union Chemical Corp (1710) | $8.24 Billion | 19.67% | 0.26x | $447.62 Million |
| Ho Tung Chemical Corp (1714) | $16.25 Billion | 3.69% | 0.39x | $510.32 Million |
| Sunko Ink Co Ltd (1721) | $769.52 Million | -1.45% | 1.26x | $117.66 Million |
About Formosan Union Chemical Corp
Formosan Union Chemical Corp. produces and sells chemical products in Taiwan, China, Guatemala, the Philippines, Vietnam, the United States, and internationally. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as dodecyl phenol for lubricating oils.;… Read more