Sunko Ink Co Ltd
Sunko Ink Co., Ltd. engages in the manufacture and trading of chemicals and industrial materials in Taiwan, the United States, Asia, Europe, and internationally. The company offers polymer elastomers, plant protection medicines, electronic chemicals, rubber and plastic additives, PVC and PU artificial leather surface treatment agents, and cross linking agents. It also provides agrochemicals; fine… Read more
Sunko Ink Co Ltd (1721) - Net Assets
Latest net assets as of September 2025: NT$1.75 Billion TWD
Based on the latest financial reports, Sunko Ink Co Ltd (1721) has net assets worth NT$1.75 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$3.16 Billion) and total liabilities (NT$1.42 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$1.75 Billion |
| % of Total Assets | 55.25% |
| Annual Growth Rate | 4.22% |
| 5-Year Change | -21.75% |
| 10-Year Change | 138.54% |
| Growth Volatility | 43.96 |
Sunko Ink Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Sunko Ink 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 Sunko Ink Co Ltd (2002–2024)
The table below shows the annual net assets of Sunko Ink Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.94 Billion | -8.02% |
| 2023-12-31 | NT$2.11 Billion | -12.11% |
| 2022-12-31 | NT$2.40 Billion | +2.85% |
| 2021-12-31 | NT$2.33 Billion | -5.88% |
| 2020-12-31 | NT$2.48 Billion | +8.78% |
| 2019-12-31 | NT$2.28 Billion | +0.12% |
| 2018-12-31 | NT$2.27 Billion | -3.41% |
| 2017-12-31 | NT$2.36 Billion | -3.76% |
| 2016-12-31 | NT$2.45 Billion | +201.09% |
| 2015-12-31 | NT$812.73 Million | +6.94% |
| 2014-12-31 | NT$760.02 Million | +1.40% |
| 2013-12-31 | NT$749.51 Million | -3.69% |
| 2012-12-31 | NT$778.22 Million | +6.69% |
| 2011-12-31 | NT$729.43 Million | -5.21% |
| 2010-12-31 | NT$769.52 Million | +10.03% |
| 2009-12-31 | NT$699.36 Million | -8.40% |
| 2008-12-31 | NT$763.47 Million | -12.35% |
| 2007-12-31 | NT$871.09 Million | +48.86% |
| 2006-12-31 | NT$585.16 Million | -9.54% |
| 2005-12-31 | NT$646.90 Million | +4.63% |
| 2004-12-31 | NT$618.26 Million | +3.76% |
| 2003-12-31 | NT$595.83 Million | -23.61% |
| 2002-12-31 | NT$780.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunko Ink 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 decreased by 5169400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.85 Billion | 95.37% |
| Other Comprehensive Income | NT$99.25 Million | 5.12% |
| Other Components | NT$42.26 Million | 2.18% |
| Total Equity | NT$1.94 Billion | 100.00% |
Sunko Ink Co Ltd Competitors by Market Cap
The table below lists competitors of Sunko Ink Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rajratan Global Wire Limited
NSE:RAJRATAN
|
$64.83 Million |
|
Kulmbacher Brauerei Aktien-Gesellschaft
MU:KUL
|
$64.84 Million |
|
MNULF
PINK:MNULF
|
$64.84 Million |
|
EuroHold Bulgaria AD
WAR:EHG
|
$64.86 Million |
|
Salzer Electronics Limited
NSE:SALZERELEC
|
$64.81 Million |
|
Ramco Systems Limited
NSE:RAMCOSYS
|
$64.81 Million |
|
LET co. Ltd
KQ:297890
|
$64.81 Million |
|
Young Poong Precision Corporation
KQ:036560
|
$64.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunko Ink Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,107,695,000 to 1,938,650,000, a change of -169,045,000 (-8.0%).
- Net loss of 182,576,000 reduced equity.
- Other comprehensive income increased equity by 98,690,000.
- Other factors decreased equity by 85,159,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-182.58 Million | -9.42% |
| Other Comprehensive Income | NT$98.69 Million | +5.09% |
| Other Changes | NT$-85.16 Million | -4.39% |
| Total Change | NT$- | -8.02% |
Book Value vs Market Value Analysis
This analysis compares Sunko Ink 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: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.70x to 1.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.17 | NT$18.95 | x |
| 2010-12-31 | NT$12.29 | NT$18.95 | x |
| 2011-12-31 | NT$11.65 | NT$18.95 | x |
| 2012-12-31 | NT$10.94 | NT$18.95 | x |
| 2013-12-31 | NT$10.54 | NT$18.95 | x |
| 2014-12-31 | NT$10.69 | NT$18.95 | x |
| 2015-12-31 | NT$7.70 | NT$18.95 | x |
| 2016-12-31 | NT$14.44 | NT$18.95 | x |
| 2017-12-31 | NT$12.43 | NT$18.95 | x |
| 2018-12-31 | NT$12.03 | NT$18.95 | x |
| 2019-12-31 | NT$12.32 | NT$18.95 | x |
| 2020-12-31 | NT$13.42 | NT$18.95 | x |
| 2021-12-31 | NT$12.64 | NT$18.95 | x |
| 2022-12-31 | NT$12.96 | NT$18.95 | x |
| 2023-12-31 | NT$11.40 | NT$18.95 | x |
| 2024-12-31 | NT$10.49 | NT$18.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunko Ink Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.98%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.76x
- Recent ROE (-9.42%) is below the historical average (0.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.95% | 0.90% | 0.66x | 1.58x | NT$-70.62 Million |
| 2004 | 0.15% | 0.10% | 0.76x | 2.02x | NT$-60.88 Million |
| 2007 | 0.02% | 0.01% | 0.82x | 2.09x | NT$-80.90 Million |
| 2009 | -8.96% | -4.58% | 0.86x | 2.29x | NT$-132.59 Million |
| 2010 | -1.45% | -0.60% | 1.07x | 2.26x | NT$-88.15 Million |
| 2011 | -4.93% | -2.04% | 1.07x | 2.25x | NT$-108.89 Million |
| 2012 | 0.02% | 0.01% | 0.97x | 2.07x | NT$-77.64 Million |
| 2013 | 0.62% | 0.27% | 1.15x | 1.98x | NT$-70.27 Million |
| 2014 | 1.00% | 0.48% | 1.15x | 1.81x | NT$-68.37 Million |
| 2015 | 7.31% | 4.14% | 1.17x | 1.51x | NT$-21.90 Million |
| 2016 | 8.57% | 5.84% | 0.84x | 1.76x | NT$-34.78 Million |
| 2017 | 2.98% | 2.05% | 0.80x | 1.80x | NT$-165.00 Million |
| 2018 | 0.71% | 0.47% | 0.84x | 1.81x | NT$-210.91 Million |
| 2019 | -0.30% | -0.21% | 0.76x | 1.87x | NT$-234.16 Million |
| 2020 | 21.17% | 19.05% | 0.57x | 1.94x | NT$276.68 Million |
| 2021 | -3.00% | -2.46% | 0.70x | 1.75x | NT$-303.16 Million |
| 2022 | 2.56% | 2.04% | 0.72x | 1.74x | NT$-178.47 Million |
| 2023 | -13.19% | -12.72% | 0.59x | 1.77x | NT$-488.74 Million |
| 2024 | -9.42% | -7.98% | 0.67x | 1.76x | NT$-376.44 Million |
Industry Comparison
This section compares Sunko Ink Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $52,220,451,778
- Average return on equity (ROE) among peers: 8.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunko Ink Co Ltd (1721) | NT$1.75 Billion | 0.95% | 0.81x | $64.82 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.66 Billion | 16.30% | 0.70x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $16.25 Billion | 10.72% | 0.47x | $358.21 Million |
| UPC Technology Corp (1313) | $29.90 Billion | 7.18% | 0.80x | $263.35 Million |
| Formosa Chemicals & Fibre Corp (1326) | $379.64 Billion | 11.55% | 0.43x | $4.35 Billion |
| Sesoda Corp (1708) | $3.05 Billion | 13.81% | 0.46x | $227.10 Million |
| Formosan Union Chemical Corp (1709) | $3.40 Billion | 0.00% | 0.29x | $154.81 Million |
| Oriental Union Chemical Corp (1710) | $17.82 Billion | -0.67% | 1.14x | $286.20 Million |
| Ho Tung Chemical Corp (1714) | $11.87 Billion | 10.01% | 1.26x | $202.24 Million |
| Chung Hwa Chemical Industrial Works Ltd (1727) | $1.39 Billion | 7.97% | 0.59x | $105.88 Million |