Yung Chi Paint & Varnish Mfg Co Ltd (1726) - Net Assets
Based on the latest financial reports, Yung Chi Paint & Varnish Mfg Co Ltd (1726) has net assets worth NT$10.43 Billion TWD (≈ $328.58 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$12.11 Billion ≈ $381.46 Million USD) and total liabilities (NT$1.68 Billion ≈ $52.87 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 Yung Chi Paint & Varnish Mfg Co Ltd (1726) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.43 Billion |
| % of Total Assets | 86.14% |
| Annual Growth Rate | 4.48% |
| 5-Year Change | 13.15% |
| 10-Year Change | 25.87% |
| Growth Volatility | 2.52 |
Yung Chi Paint & Varnish Mfg Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Yung Chi Paint & Varnish Mfg Co Ltd's net assets have evolved over time, based on quarterly financial data. See Yung Chi Paint & Varnish Mfg Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Yung Chi Paint & Varnish Mfg Co Ltd (2000–2025)
The table below shows the annual net assets of Yung Chi Paint & Varnish Mfg Co Ltd from 2000 to 2025. For live valuation and market cap data, see market cap of Yung Chi Paint & Varnish Mfg Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.43 Billion ≈ $328.58 Million |
+1.61% |
| 2024-12-31 | NT$10.26 Billion ≈ $323.38 Million |
+4.86% |
| 2023-12-31 | NT$9.79 Billion ≈ $308.38 Million |
+2.24% |
| 2022-12-31 | NT$9.57 Billion ≈ $301.61 Million |
+3.86% |
| 2021-12-31 | NT$9.22 Billion ≈ $290.40 Million |
+5.18% |
| 2020-12-31 | NT$8.76 Billion ≈ $276.09 Million |
+4.16% |
| 2019-12-31 | NT$8.41 Billion ≈ $265.05 Million |
-0.26% |
| 2018-12-31 | NT$8.44 Billion ≈ $265.75 Million |
+1.94% |
| 2017-12-31 | NT$8.27 Billion ≈ $260.70 Million |
-0.14% |
| 2016-12-31 | NT$8.29 Billion ≈ $261.05 Million |
+4.39% |
| 2015-12-31 | NT$7.94 Billion ≈ $250.08 Million |
+2.85% |
| 2014-12-31 | NT$7.72 Billion ≈ $243.15 Million |
+5.72% |
| 2013-12-31 | NT$7.30 Billion ≈ $229.99 Million |
+7.01% |
| 2012-12-31 | NT$6.82 Billion ≈ $214.92 Million |
+4.88% |
| 2011-12-31 | NT$6.50 Billion ≈ $204.92 Million |
+8.89% |
| 2010-12-31 | NT$5.97 Billion ≈ $188.19 Million |
-0.02% |
| 2009-12-31 | NT$5.97 Billion ≈ $188.23 Million |
+8.07% |
| 2008-12-31 | NT$5.53 Billion ≈ $174.17 Million |
+4.10% |
| 2007-12-31 | NT$5.31 Billion ≈ $167.30 Million |
+5.24% |
| 2006-12-31 | NT$5.05 Billion ≈ $158.97 Million |
+8.11% |
| 2005-12-31 | NT$4.67 Billion ≈ $147.04 Million |
+7.38% |
| 2004-12-31 | NT$4.35 Billion ≈ $136.94 Million |
+6.31% |
| 2003-12-31 | NT$4.09 Billion ≈ $128.82 Million |
+5.05% |
| 2002-12-31 | NT$3.89 Billion ≈ $122.62 Million |
+4.77% |
| 2001-12-31 | NT$3.71 Billion ≈ $117.04 Million |
+6.52% |
| 2000-12-31 | NT$3.49 Billion ≈ $109.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yung Chi Paint & Varnish Mfg 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 352.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.28 Billion | 60.23% |
| Common Stock | NT$1.62 Billion | 15.53% |
| Other Comprehensive Income | NT$2.42 Billion | 23.22% |
| Other Components | NT$106.39 Million | 1.02% |
| Total Equity | NT$10.43 Billion | 100.00% |
Yung Chi Paint & Varnish Mfg Co Ltd Competitors by Market Cap
The table below lists competitors of Yung Chi Paint & Varnish Mfg Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RCE Capital Berhad
KLSE:9296
|
$401.75 Million |
|
Novavest Real Estate Ag
SW:NREN
|
$401.75 Million |
|
Teladan Prima Agro PT Tbk
JK:TLDN
|
$402.07 Million |
|
Bank7 Corp
NASDAQ:BSVN
|
$402.10 Million |
|
CIMB Thai Bank Public Company Limited
BK:CIMBT
|
$401.59 Million |
|
Concrete Pumping Holdings Class A
NASDAQ:BBCP
|
$401.56 Million |
|
Focus Minerals Ltd
AU:FML
|
$401.46 Million |
|
Hes Technology Group
SHE:002963
|
$401.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yung Chi Paint & Varnish Mfg Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,264,194,000 to 10,429,424,000, a change of 165,230,000 (1.6%).
- Net income of 891,606,000 contributed positively to equity growth.
- Dividend payments of 583,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 73,726,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$891.61 Million | +8.55% |
| Dividends Paid | NT$583.20 Million | -5.59% |
| Other Comprehensive Income | NT$-73.73 Million | -0.71% |
| Other Changes | NT$-69.45 Million | -0.67% |
| Total Change | NT$- | 1.61% |
Book Value vs Market Value Analysis
This analysis compares Yung Chi Paint & Varnish Mfg 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: 1.23x
- 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 2.53x to 1.23x 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$31.15 | NT$78.70 | x |
| 2007-12-31 | NT$32.78 | NT$78.70 | x |
| 2008-12-31 | NT$34.06 | NT$78.70 | x |
| 2009-12-31 | NT$36.84 | NT$78.70 | x |
| 2010-12-31 | NT$36.84 | NT$78.70 | x |
| 2011-12-31 | NT$40.11 | NT$78.70 | x |
| 2012-12-31 | NT$42.07 | NT$78.70 | x |
| 2013-12-31 | NT$45.06 | NT$78.70 | x |
| 2014-12-31 | NT$47.60 | NT$78.70 | x |
| 2015-12-31 | NT$48.93 | NT$78.70 | x |
| 2016-12-31 | NT$51.07 | NT$78.70 | x |
| 2017-12-31 | NT$51.02 | NT$78.70 | x |
| 2018-12-31 | NT$52.00 | NT$78.70 | x |
| 2019-12-31 | NT$51.86 | NT$78.70 | x |
| 2020-12-31 | NT$54.00 | NT$78.70 | x |
| 2021-12-31 | NT$56.79 | NT$78.70 | x |
| 2022-12-31 | NT$58.97 | NT$78.70 | x |
| 2023-12-31 | NT$60.30 | NT$78.70 | x |
| 2024-12-31 | NT$63.23 | NT$78.70 | x |
| 2025-12-31 | NT$64.23 | NT$78.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yung Chi Paint & Varnish Mfg 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): 8.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.11%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.16x
- Recent ROE (8.55%) is below the historical average (11.20%), 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 | 11.55% | 8.25% | 1.08x | 1.30x | NT$54.22 Million |
| 2001 | 14.26% | 10.88% | 1.01x | 1.30x | NT$158.41 Million |
| 2002 | 12.72% | 9.69% | 0.97x | 1.36x | NT$105.97 Million |
| 2003 | 12.92% | 10.18% | 0.95x | 1.33x | NT$119.39 Million |
| 2004 | 14.25% | 9.57% | 1.07x | 1.39x | NT$184.73 Million |
| 2005 | 14.19% | 9.36% | 1.13x | 1.34x | NT$195.75 Million |
| 2006 | 14.22% | 9.80% | 1.13x | 1.29x | NT$213.07 Million |
| 2007 | 11.79% | 8.35% | 1.09x | 1.30x | NT$94.82 Million |
| 2008 | 8.27% | 6.31% | 1.01x | 1.29x | NT$-95.70 Million |
| 2009 | 12.60% | 11.75% | 0.86x | 1.24x | NT$155.26 Million |
| 2010 | 9.38% | 7.79% | 0.96x | 1.25x | NT$-37.08 Million |
| 2011 | 10.73% | 8.97% | 0.95x | 1.25x | NT$47.72 Million |
| 2012 | 12.81% | 10.75% | 0.99x | 1.20x | NT$191.86 Million |
| 2013 | 14.03% | 12.58% | 0.92x | 1.21x | NT$294.25 Million |
| 2014 | 13.41% | 12.47% | 0.89x | 1.21x | NT$263.27 Million |
| 2015 | 11.84% | 11.64% | 0.85x | 1.20x | NT$146.08 Million |
| 2016 | 12.74% | 13.84% | 0.77x | 1.19x | NT$226.94 Million |
| 2017 | 9.55% | 10.32% | 0.77x | 1.19x | NT$-37.11 Million |
| 2018 | 8.85% | 9.28% | 0.80x | 1.19x | NT$-97.41 Million |
| 2019 | 8.12% | 8.60% | 0.81x | 1.16x | NT$-158.50 Million |
| 2020 | 9.48% | 10.40% | 0.78x | 1.17x | NT$-45.80 Million |
| 2021 | 9.57% | 9.95% | 0.79x | 1.22x | NT$-39.58 Million |
| 2022 | 8.51% | 8.37% | 0.85x | 1.19x | NT$-142.85 Million |
| 2023 | 8.49% | 8.89% | 0.81x | 1.18x | NT$-147.56 Million |
| 2024 | 8.34% | 8.99% | 0.80x | 1.15x | NT$-170.37 Million |
| 2025 | 8.55% | 9.11% | 0.81x | 1.16x | NT$-151.34 Million |
Industry Comparison
This section compares Yung Chi Paint & Varnish Mfg Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $87,923,234,600
- Average return on equity (ROE) among peers: 4.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yung Chi Paint & Varnish Mfg Co Ltd (1726) | NT$10.43 Billion | 11.55% | 0.16x | $401.68 Million |
| Formosa Plastics Corp (1301) | $347.36 Billion | 2.11% | 0.53x | $9.62 Billion |
| Nan Ya Plastics Corp (1303) | $394.10 Billion | 8.15% | 0.69x | $31.61 Billion |
| USI Corp (1304) | $39.18 Billion | 3.27% | 0.82x | $437.49 Million |
| China General Plastics Corp (1305) | $8.71 Billion | 7.38% | 0.42x | $234.32 Million |
| Asia Polymer Corp (1308) | $9.45 Billion | 6.54% | 0.10x | $256.27 Million |
| Taita Chemical Co Ltd (1309) | $3.29 Billion | 16.28% | 1.75x | $181.63 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 6.39% | 0.34x | $908.64 Million |
| Ocean Plastics Co Ltd (1321) | $5.11 Billion | -2.49% | 0.71x | $220.75 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $41.77 Million |
| Everlight Chemical Industrial Corp (1711) | $4.84 Billion | 2.28% | 0.45x | $767.08 Million |
About Yung Chi Paint & Varnish Mfg Co Ltd
Yung Chi Paint & Varnish Mfg.Co.,Ltd manufactures and sells coatings and paints primarily in Taiwan and internationally. It operates through the Paint Business Department Coating Engineering segments. The company offers architecture coatings, including solvent-based acrylic paints, water cement paints, exterior wall paints, exterior clear coatings, water-based epoxy paints, wood coatings, and oth… Read more