Eternal Materials Co Ltd (1717) - Net Assets

Latest as of September 2025: NT$26.84 Billion TWD ≈ $845.47 Million USD

Based on the latest financial reports, Eternal Materials Co Ltd (1717) has net assets worth NT$26.84 Billion TWD (≈ $845.47 Million USD) 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 ≈ $1.86 Billion USD) and total liabilities (NT$32.05 Billion ≈ $1.01 Billion 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 1717 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 1717 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Eternal Materials Co Ltd.

Year	Net Assets	Change
2024-12-31	NT$28.99 Billion ≈ $913.37 Million	+14.97%
2023-12-31	NT$25.22 Billion ≈ $794.44 Million	+0.58%
2022-12-31	NT$25.07 Billion ≈ $789.88 Million	+1.64%
2021-12-31	NT$24.67 Billion ≈ $777.14 Million	+6.15%
2020-12-31	NT$23.24 Billion ≈ $732.13 Million	+6.02%
2019-12-31	NT$21.92 Billion ≈ $690.59 Million	+1.36%
2018-12-31	NT$21.63 Billion ≈ $681.31 Million	+2.64%
2017-12-31	NT$21.07 Billion ≈ $663.76 Million	-0.81%
2016-12-31	NT$21.24 Billion ≈ $669.15 Million	-5.13%
2015-12-31	NT$22.39 Billion ≈ $705.34 Million	+1.80%
2014-12-31	NT$21.99 Billion ≈ $692.86 Million	+9.18%
2013-12-31	NT$20.14 Billion ≈ $634.58 Million	+10.70%
2012-12-31	NT$18.19 Billion ≈ $573.23 Million	-3.14%
2011-12-31	NT$18.78 Billion ≈ $591.78 Million	+5.70%
2010-12-31	NT$17.77 Billion ≈ $559.85 Million	-3.11%
2009-12-31	NT$18.34 Billion ≈ $577.83 Million	+10.53%
2008-12-31	NT$16.59 Billion ≈ $522.79 Million	+5.36%
2007-12-31	NT$15.75 Billion ≈ $496.17 Million	+15.38%
2006-12-31	NT$13.65 Billion ≈ $430.02 Million	+18.67%
2005-12-31	NT$11.50 Billion ≈ $362.37 Million	+10.97%
2004-12-31	NT$10.36 Billion ≈ $326.55 Million	+9.88%
2003-12-31	NT$9.43 Billion ≈ $297.19 Million	-2.28%
2002-12-31	NT$9.65 Billion ≈ $304.11 Million	+6.76%
2001-12-31	NT$9.04 Billion ≈ $284.85 Million	+5.81%
2000-12-31	NT$8.54 Billion ≈ $269.21 Million	--

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
Shenzhen Hopewind Elec Co Ltd SHG:603063	$2.94 Billion
Integer Holdings Corp NYSE:ITGR	$2.94 Billion
Vapores SN:VAPORES	$2.94 Billion
First BanCorp F:OLWN	$2.94 Billion
Kinaxis Inc TO:KXS	$2.94 Billion
PNB Housing Finance Limited NSE:PNBHOUSING	$2.94 Billion
China Science Publishing & Media Ltd SHG:601858	$2.94 Billion
Wuxi Taiji Industry Co Ltd SHG:600667	$2.94 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: 3.32x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 8.94x to 3.32x 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$79.60	x
2005-12-31	NT$9.90	NT$79.60	x
2006-12-31	NT$11.60	NT$79.60	x
2007-12-31	NT$13.23	NT$79.60	x
2008-12-31	NT$13.82	NT$79.60	x
2009-12-31	NT$15.43	NT$79.60	x
2010-12-31	NT$14.90	NT$79.60	x
2011-12-31	NT$15.42	NT$79.60	x
2012-12-31	NT$15.15	NT$79.60	x
2013-12-31	NT$16.77	NT$79.60	x
2014-12-31	NT$18.16	NT$79.60	x
2015-12-31	NT$18.47	NT$79.60	x
2016-12-31	NT$17.48	NT$79.60	x
2017-12-31	NT$17.35	NT$79.60	x
2018-12-31	NT$17.77	NT$79.60	x
2019-12-31	NT$18.10	NT$79.60	x
2020-12-31	NT$19.30	NT$79.60	x
2021-12-31	NT$19.46	NT$79.60	x
2022-12-31	NT$20.92	NT$79.60	x
2023-12-31	NT$20.93	NT$79.60	x
2024-12-31	NT$23.95	NT$79.60	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: $78,187,578,200
Average return on equity (ROE) among peers: 7.08%

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	$2.94 Billion
Formosa Plastics Corp (1301)	$332.54 Billion	6.03%	0.44x	$10.19 Billion
Nan Ya Plastics Corp (1303)	$337.95 Billion	10.57%	0.52x	$22.09 Billion
USI Corp (1304)	$31.19 Billion	5.32%	0.76x	$457.76 Million
China General Plastics Corp (1305)	$8.71 Billion	7.38%	0.42x	$250.80 Million
Asia Polymer Corp (1308)	$8.91 Billion	18.18%	0.12x	$262.82 Million
Taita Chemical Co Ltd (1309)	$3.94 Billion	13.35%	1.32x	$240.50 Million
China Petrochemical Development Corp (1314)	$35.46 Billion	4.00%	0.28x	$862.13 Million
Ocean Plastics Co Ltd (1321)	$4.96 Billion	-2.93%	0.96x	$211.37 Million
Asia Plastic Recycling Holding Ltd (1337)	$10.31 Billion	3.79%	0.10x	$42.20 Million
Everlight Chemical Industrial Corp (1711)	$7.91 Billion	5.08%	0.75x	$1.00 Billion

About Eternal Materials Co Ltd

TW:1717 Taiwan Specialty Chemicals

Market Cap

$2.94 Billion

NT$93.31 Billion TWD

Market Cap Rank

#5007 Global

#143 in Taiwan

Share Price

NT$79.60

Change (1 day)

+0.89%

52-Week Range

NT$23.90 - NT$82.70

All Time High

NT$82.70