China Man-Made Fiber Corp
China Man-Made Fiber Corporation manufactures and sells man-made fibers, cellophane, polyamine fiber, polyester fiber, chemicals, and the raw materials in Taiwan. The company offers mono-ethylene glycol, di-ethylene glycol, and tri-ethylene glycol; ethylene oxide; nonyl-phenol; and fiber products, such as polyester spin drawn, polyester partially oriented, and polyester drawn textured yarns, as w… Read more
China Man-Made Fiber Corp (1718) - Net Assets
Latest net assets as of September 2025: NT$89.00 Billion TWD
Based on the latest financial reports, China Man-Made Fiber Corp (1718) has net assets worth NT$89.00 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$1.02 Trillion) and total liabilities (NT$929.48 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$89.00 Billion |
| % of Total Assets | 8.74% |
| Annual Growth Rate | 11.01% |
| 5-Year Change | 26.59% |
| 10-Year Change | 67.1% |
| Growth Volatility | 17.99 |
China Man-Made Fiber Corp - Net Assets Trend (2002–2024)
This chart illustrates how China Man-Made Fiber Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Man-Made Fiber Corp (2002–2024)
The table below shows the annual net assets of China Man-Made Fiber Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$84.06 Billion | +5.75% |
| 2023-12-31 | NT$79.49 Billion | +6.03% |
| 2022-12-31 | NT$74.96 Billion | +4.44% |
| 2021-12-31 | NT$71.78 Billion | +8.10% |
| 2020-12-31 | NT$66.40 Billion | +9.57% |
| 2019-12-31 | NT$60.60 Billion | +3.98% |
| 2018-12-31 | NT$58.28 Billion | +9.14% |
| 2017-12-31 | NT$53.40 Billion | +4.87% |
| 2016-12-31 | NT$50.92 Billion | +1.23% |
| 2015-12-31 | NT$50.30 Billion | +6.40% |
| 2014-12-31 | NT$47.28 Billion | +13.00% |
| 2013-12-31 | NT$41.84 Billion | +9.50% |
| 2012-12-31 | NT$38.21 Billion | +6.35% |
| 2011-12-31 | NT$35.92 Billion | +9.10% |
| 2010-12-31 | NT$32.93 Billion | +17.91% |
| 2009-12-31 | NT$27.93 Billion | -1.89% |
| 2008-12-31 | NT$28.46 Billion | -11.54% |
| 2007-12-31 | NT$32.18 Billion | +32.63% |
| 2006-12-31 | NT$24.26 Billion | +32.23% |
| 2005-12-31 | NT$18.35 Billion | -3.27% |
| 2004-12-31 | NT$18.97 Billion | +80.12% |
| 2003-12-31 | NT$10.53 Billion | +24.70% |
| 2002-12-31 | NT$8.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Man-Made Fiber 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 15852800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$158.53 Million | 0.74% |
| Common Stock | NT$16.86 Billion | 79.18% |
| Other Components | NT$4.27 Billion | 20.07% |
| Total Equity | NT$21.29 Billion | 100.00% |
China Man-Made Fiber Corp Competitors by Market Cap
The table below lists competitors of China Man-Made Fiber Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MediaAlpha Inc.
NYSE:MAX
|
$219.85 Million |
|
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868
|
$219.92 Million |
|
Park Ohio Holdings Corp
NASDAQ:PKOH
|
$219.92 Million |
|
Bank Pan Indonesia Tbk
JK:PNBN
|
$219.95 Million |
|
GSW Immobilien AG
HM:GIB
|
$219.84 Million |
|
Suqian Unitech Corp. Ltd. Cl A
SHG:603065
|
$219.83 Million |
|
Jiang Su New Technology Co. Ltd.
SHE:301229
|
$219.82 Million |
|
Frequentis AG
VI:FQT
|
$219.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Man-Made Fiber Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,956,528,000 to 21,291,278,000, a change of 334,750,000 (1.6%).
- Net income of 27,521,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 3,933,924,000.
- Other factors increased equity by 4,241,153,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$27.52 Million | +0.13% |
| Other Comprehensive Income | NT$-3.93 Billion | -18.48% |
| Other Changes | NT$4.24 Billion | +19.92% |
| Total Change | NT$- | 1.60% |
Book Value vs Market Value Analysis
This analysis compares China Man-Made Fiber 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: 0.47x
- 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 0.64x to 0.47x 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$11.70 | NT$7.44 | x |
| 2007-12-31 | NT$12.84 | NT$7.44 | x |
| 2008-12-31 | NT$10.53 | NT$7.44 | x |
| 2009-12-31 | NT$10.56 | NT$7.44 | x |
| 2010-12-31 | NT$12.36 | NT$7.44 | x |
| 2011-12-31 | NT$12.19 | NT$7.44 | x |
| 2012-12-31 | NT$12.74 | NT$7.44 | x |
| 2013-12-31 | NT$13.55 | NT$7.44 | x |
| 2014-12-31 | NT$14.32 | NT$7.44 | x |
| 2015-12-31 | NT$14.62 | NT$7.44 | x |
| 2016-12-31 | NT$14.88 | NT$7.44 | x |
| 2017-12-31 | NT$15.65 | NT$7.44 | x |
| 2018-12-31 | NT$16.68 | NT$7.44 | x |
| 2019-12-31 | NT$16.40 | NT$7.44 | x |
| 2020-12-31 | NT$17.12 | NT$7.44 | x |
| 2021-12-31 | NT$17.38 | NT$7.44 | x |
| 2022-12-31 | NT$16.36 | NT$7.44 | x |
| 2023-12-31 | NT$15.62 | NT$7.44 | x |
| 2024-12-31 | NT$15.87 | NT$7.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Man-Made Fiber 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): 0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.07%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 46.81x
- Recent ROE (0.13%) is below the historical average (4.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 19.39% | 18.16% | 0.54x | 1.99x | NT$988.97 Million |
| 2004 | 18.39% | 24.48% | 0.54x | 1.40x | NT$1.59 Billion |
| 2005 | 0.07% | 0.09% | 0.45x | 1.70x | NT$-1.78 Billion |
| 2006 | -6.63% | -4.63% | 0.08x | 16.99x | NT$-2.81 Billion |
| 2007 | 10.44% | 6.30% | 0.11x | 15.49x | NT$82.42 Million |
| 2008 | -11.29% | -5.50% | 0.10x | 21.35x | NT$-3.17 Billion |
| 2009 | -5.80% | -5.97% | 0.04x | 23.24x | NT$-2.30 Billion |
| 2010 | 16.05% | 14.14% | 0.05x | 21.39x | NT$1.03 Billion |
| 2011 | 5.09% | 4.24% | 0.05x | 23.59x | NT$-850.02 Million |
| 2012 | 2.35% | 2.02% | 0.04x | 26.39x | NT$-1.36 Billion |
| 2013 | 5.05% | 3.02% | 0.06x | 27.57x | NT$-939.27 Million |
| 2014 | 5.40% | 4.73% | 0.04x | 27.82x | NT$-923.12 Million |
| 2015 | 2.63% | 1.63% | 0.05x | 29.38x | NT$-1.51 Billion |
| 2016 | -1.02% | -0.64% | 0.05x | 32.73x | NT$-2.21 Billion |
| 2017 | 3.79% | 2.22% | 0.05x | 33.05x | NT$-1.30 Billion |
| 2018 | 6.12% | 3.38% | 0.06x | 32.16x | NT$-869.32 Million |
| 2019 | 11.73% | 7.47% | 0.05x | 32.35x | NT$380.45 Million |
| 2020 | 17.60% | 13.14% | 0.04x | 33.18x | NT$1.75 Billion |
| 2021 | 16.51% | 12.01% | 0.04x | 34.34x | NT$1.52 Billion |
| 2022 | -6.16% | -3.98% | 0.04x | 38.06x | NT$-3.55 Billion |
| 2023 | -7.57% | -4.32% | 0.04x | 43.05x | NT$-3.68 Billion |
| 2024 | 0.13% | 0.07% | 0.04x | 46.81x | NT$-2.10 Billion |
Industry Comparison
This section compares China Man-Made Fiber Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $114,673,175,111
- Average return on equity (ROE) among peers: -0.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Man-Made Fiber Corp (1718) | NT$89.00 Billion | 19.39% | 10.44x | $219.85 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $129.47 Billion | 8.99% | 13.72x | $5.15 Billion |
| King’s Town Bank (2809) | $46.58 Billion | 11.79% | 5.99x | $1.04 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $8.33 Billion | -56.48% | 30.16x | $2.47 Billion |
| Taiwan Business Bank (2834) | $46.91 Billion | 6.35% | 26.01x | $3.25 Billion |
| Bank of Kaohsiung Ltd (2836) | $18.55 Billion | 4.66% | 15.54x | $259.63 Million |
| Union Bank of Taiwan (2838) | $32.31 Billion | 9.58% | 14.06x | $604.01 Million |
| Far Eastern International Bank (2845) | $526.24 Billion | 0.74% | 0.04x | $1.51 Billion |
| EnTie Commercial Bank Ltd (2849) | $34.26 Billion | 3.87% | 9.62x | $152.68 Million |
| Hua Nan Financial Holdings Co Ltd (2880) | $189.40 Billion | 4.57% | 15.37x | $10.14 Billion |