Eternal Materials Co Ltd
Eternal Materials Co., Ltd. manufactures and sells resin, high performance, electronic materials, and other related products. The company offers resin materials, including acrylic for adhesives and overprinting, polyester polyol, polyurethane, optoelectronic materials, alkyd, solvent-based acrylic coating, water-based acrylic coating, amino, fluorocarbon, polyester, other coatings, unsaturated po… Read more
Eternal Materials Co Ltd (1717) - Net Assets
Latest net assets as of September 2025: NT$26.84 Billion TWD
Based on the latest financial reports, Eternal Materials Co Ltd (1717) has net assets worth NT$26.84 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$58.89 Billion) and total liabilities (NT$32.05 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$26.84 Billion |
| % of Total Assets | 45.57% |
| Annual Growth Rate | 5.22% |
| 5-Year Change | 24.76% |
| 10-Year Change | 29.49% |
| Growth Volatility | 6.18 |
Eternal Materials Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Eternal Materials 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 Eternal Materials Co Ltd (2000–2024)
The table below shows the annual net assets of Eternal Materials Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$28.99 Billion | +14.97% |
| 2023-12-31 | NT$25.22 Billion | +0.58% |
| 2022-12-31 | NT$25.07 Billion | +1.64% |
| 2021-12-31 | NT$24.67 Billion | +6.15% |
| 2020-12-31 | NT$23.24 Billion | +6.02% |
| 2019-12-31 | NT$21.92 Billion | +1.36% |
| 2018-12-31 | NT$21.63 Billion | +2.64% |
| 2017-12-31 | NT$21.07 Billion | -0.81% |
| 2016-12-31 | NT$21.24 Billion | -5.13% |
| 2015-12-31 | NT$22.39 Billion | +1.80% |
| 2014-12-31 | NT$21.99 Billion | +9.18% |
| 2013-12-31 | NT$20.14 Billion | +10.70% |
| 2012-12-31 | NT$18.19 Billion | -3.14% |
| 2011-12-31 | NT$18.78 Billion | +5.70% |
| 2010-12-31 | NT$17.77 Billion | -3.11% |
| 2009-12-31 | NT$18.34 Billion | +10.53% |
| 2008-12-31 | NT$16.59 Billion | +5.36% |
| 2007-12-31 | NT$15.75 Billion | +15.38% |
| 2006-12-31 | NT$13.65 Billion | +18.67% |
| 2005-12-31 | NT$11.50 Billion | +10.97% |
| 2004-12-31 | NT$10.36 Billion | +9.88% |
| 2003-12-31 | NT$9.43 Billion | -2.28% |
| 2002-12-31 | NT$9.65 Billion | +6.76% |
| 2001-12-31 | NT$9.04 Billion | +5.81% |
| 2000-12-31 | NT$8.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eternal Materials 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 423.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$9.35 Billion | 33.03% |
| Common Stock | NT$11.78 Billion | 41.61% |
| Other Components | NT$7.18 Billion | 25.35% |
| Total Equity | NT$28.31 Billion | 100.00% |
Eternal Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Eternal Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IBF Financial Holdings Co Ltd
TW:2889
|
$1.41 Billion |
|
Arcplus Group PLC
SHG:600629
|
$1.41 Billion |
|
Guangzhou Baiyun International Airport Co Ltd
SHG:600004
|
$1.41 Billion |
|
Guangdong Shenling Environmental Systems Co. Ltd.
SHE:301018
|
$1.41 Billion |
|
Sterling Check Corp
NASDAQ:STER
|
$1.41 Billion |
|
Huaxi Securities Co Ltd Class A
SHE:002926
|
$1.41 Billion |
|
Fibra Mty S.A.P.I. de C.V.
MX:FMTY14
|
$1.40 Billion |
|
Intercorp Financial Services Inc
NYSE:IFS
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eternal Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,734,630,000 to 28,314,411,000, a change of 3,579,781,000 (14.5%).
- Net income of 1,834,552,000 contributed positively to equity growth.
- Dividend payments of 942,612,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,702,251,000.
- Other factors increased equity by 7,390,092,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.83 Billion | +6.48% |
| Dividends Paid | NT$942.61 Million | -3.33% |
| Other Comprehensive Income | NT$-4.70 Billion | -16.61% |
| Other Changes | NT$7.39 Billion | +26.1% |
| Total Change | NT$- | 14.47% |
Book Value vs Market Value Analysis
This analysis compares Eternal Materials 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: 2.70x
- 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 7.27x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$8.90 | NT$64.70 | x |
| 2005-12-31 | NT$9.90 | NT$64.70 | x |
| 2006-12-31 | NT$11.60 | NT$64.70 | x |
| 2007-12-31 | NT$13.23 | NT$64.70 | x |
| 2008-12-31 | NT$13.82 | NT$64.70 | x |
| 2009-12-31 | NT$15.43 | NT$64.70 | x |
| 2010-12-31 | NT$14.90 | NT$64.70 | x |
| 2011-12-31 | NT$15.42 | NT$64.70 | x |
| 2012-12-31 | NT$15.15 | NT$64.70 | x |
| 2013-12-31 | NT$16.77 | NT$64.70 | x |
| 2014-12-31 | NT$18.16 | NT$64.70 | x |
| 2015-12-31 | NT$18.47 | NT$64.70 | x |
| 2016-12-31 | NT$17.48 | NT$64.70 | x |
| 2017-12-31 | NT$17.35 | NT$64.70 | x |
| 2018-12-31 | NT$17.77 | NT$64.70 | x |
| 2019-12-31 | NT$18.10 | NT$64.70 | x |
| 2020-12-31 | NT$19.30 | NT$64.70 | x |
| 2021-12-31 | NT$19.46 | NT$64.70 | x |
| 2022-12-31 | NT$20.92 | NT$64.70 | x |
| 2023-12-31 | NT$20.93 | NT$64.70 | x |
| 2024-12-31 | NT$23.95 | NT$64.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eternal Materials Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.15%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.20x
- Recent ROE (6.48%) is below the historical average (10.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.18% | 5.82% | 0.83x | 1.91x | NT$-69.65 Million |
| 2001 | 7.30% | 5.20% | 0.72x | 1.95x | NT$-243.83 Million |
| 2002 | 10.03% | 6.84% | 0.78x | 1.88x | NT$3.10 Million |
| 2003 | 8.40% | 4.40% | 0.86x | 2.23x | NT$-151.29 Million |
| 2004 | 11.90% | 5.30% | 0.96x | 2.35x | NT$194.04 Million |
| 2005 | 13.48% | 6.24% | 0.96x | 2.25x | NT$399.02 Million |
| 2006 | 16.96% | 7.90% | 1.03x | 2.09x | NT$942.75 Million |
| 2007 | 16.05% | 7.33% | 1.02x | 2.14x | NT$943.13 Million |
| 2008 | 9.23% | 4.51% | 0.93x | 2.19x | NT$-125.29 Million |
| 2009 | 17.36% | 11.06% | 0.83x | 1.88x | NT$1.34 Billion |
| 2010 | 14.00% | 6.74% | 1.01x | 2.06x | NT$702.06 Million |
| 2011 | 6.70% | 3.24% | 0.96x | 2.16x | NT$-600.51 Million |
| 2012 | 7.21% | 3.63% | 0.89x | 2.24x | NT$-499.57 Million |
| 2013 | 9.74% | 5.05% | 0.87x | 2.23x | NT$-52.22 Million |
| 2014 | 10.74% | 5.72% | 0.85x | 2.20x | NT$159.07 Million |
| 2015 | 13.13% | 7.46% | 0.78x | 2.25x | NT$685.13 Million |
| 2016 | 12.69% | 6.79% | 0.75x | 2.50x | NT$557.14 Million |
| 2017 | 9.31% | 4.60% | 0.74x | 2.75x | NT$-141.04 Million |
| 2018 | 7.38% | 3.58% | 0.80x | 2.59x | NT$-549.79 Million |
| 2019 | 11.52% | 6.11% | 0.75x | 2.51x | NT$324.82 Million |
| 2020 | 11.14% | 6.63% | 0.68x | 2.46x | NT$260.05 Million |
| 2021 | 14.64% | 7.03% | 0.83x | 2.50x | NT$1.13 Billion |
| 2022 | 10.57% | 5.34% | 0.82x | 2.40x | NT$141.55 Million |
| 2023 | 6.08% | 3.54% | 0.73x | 2.37x | NT$-969.78 Million |
| 2024 | 6.48% | 4.15% | 0.71x | 2.20x | NT$-996.89 Million |
Industry Comparison
This section compares Eternal Materials Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,934,559,200
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eternal Materials Co Ltd (1717) | NT$26.84 Billion | 9.18% | 1.19x | $1.41 Billion |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $902.62 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |