Formosan Union Chemical Corp (1709) - Net Assets

Latest as of December 2025: NT$9.21 Billion TWD ≈ $290.27 Million USD

Based on the latest financial reports, Formosan Union Chemical Corp (1709) has net assets worth NT$9.21 Billion TWD (≈ $290.27 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$12.12 Billion ≈ $381.90 Million USD) and total liabilities (NT$2.91 Billion ≈ $91.63 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 1709 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$9.21 Billion
% of Total Assets 76.01%
Annual Growth Rate 5.41%
5-Year Change 16.66%
10-Year Change 23.02%
Growth Volatility 6.89

Formosan Union Chemical Corp - Net Assets Trend (2002–2025)

This chart illustrates how Formosan Union Chemical Corp's net assets have evolved over time, based on quarterly financial data. Also explore 1709 current and non-current assets for the complete picture of this company's asset base.

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 valuation and market cap data, see market cap of Formosan Union Chemical Corp.

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		 --

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.

Current Equity Component Breakdown (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
Adel Kalemcilik Ticaret ve Sanayi AS
IS:ADEL
 $280.43 Million
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
 $280.53 Million
Planigrupo LATAM S.A.B. de C.V
MX:PLANI
 $280.54 Million
Sappe Public Company Limited
BK:SAPPE
 $280.54 Million
Runway Growth Finance Corp
NASDAQ:RWAY
 $280.27 Million
Bravo Mining Corp
V:BRVO
 $280.24 Million
Mount Gibson Iron Limited
F:FWQ
 $280.21 Million
Jade Biosciences, Inc.
NASDAQ:JBIO
 $280.13 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: 0.99x
  • 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 2.20x to 0.99x 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$18.65 x
2007-12-31 NT$8.79 NT$18.65 x
2008-12-31 NT$10.56 NT$18.65 x
2009-12-31 NT$10.85 NT$18.65 x
2010-12-31 NT$12.94 NT$18.65 x
2011-12-31 NT$13.84 NT$18.65 x
2012-12-31 NT$13.99 NT$18.65 x
2013-12-31 NT$14.61 NT$18.65 x
2014-12-31 NT$13.39 NT$18.65 x
2015-12-31 NT$13.82 NT$18.65 x
2016-12-31 NT$14.83 NT$18.65 x
2017-12-31 NT$15.49 NT$18.65 x
2018-12-31 NT$14.87 NT$18.65 x
2019-12-31 NT$13.92 NT$18.65 x
2020-12-31 NT$15.01 NT$18.65 x
2021-12-31 NT$15.93 NT$18.65 x
2022-12-31 NT$17.28 NT$18.65 x
2023-12-31 NT$16.71 NT$18.65 x
2024-12-31 NT$18.97 NT$18.65 x
2025-12-31 NT$18.78 NT$18.65 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: $46,395,356,444
  • Average return on equity (ROE) among peers: 3.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Formosan Union Chemical Corp (1709) NT$9.21 Billion 6.54% 0.32x $280.28 Million
Taiwan Styrene Monomer Corp (1310) $6.73 Billion 6.76% 0.93x $2.72K
Grand Pacific Petrochemical Corp (1312) $15.07 Billion 13.79% 0.43x $428.83 Million
Grand Pacific Petrochemical Corp Pref (1312A) $36.11 Billion -1.37% 0.70x $12.92 Million
UPC Technology Corp (1313) $29.47 Billion -8.09% 0.94x $465.41 Million
Formosa Chemicals & Fibre Corp (1326) $295.57 Billion 11.16% 0.62x $9.64 Billion
Sesoda Corp (1708) $5.53 Billion 8.88% 0.93x $327.92 Million
Oriental Union Chemical Corp (1710) $14.39 Billion 1.85% 1.29x $359.21 Million
Ho Tung Chemical Corp (1714) $13.82 Billion 0.13% 0.72x $290.73 Million
Sunko Ink Co Ltd (1721) $871.09 Million 0.02% 0.94x $140.96 Million

About Formosan Union Chemical Corp

TW:1709 Taiwan Chemicals
Market Cap
$280.28 Million
NT$8.90 Billion TWD
Market Cap Rank
#15239 Global
#654 in Taiwan
Share Price
NT$18.65
Change (1 day)
-1.32%
52-Week Range
NT$16.20 - NT$19.35
All Time High
NT$30.30
Categories
Companies in Taiwan Chemicals
About

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