Maywufa Co Ltd
Maywufa Company Ltd. manufactures and sells hair and skin care products under the Maywufa brand in Taiwan. The company engages in the manufacturing, processing, and distribution of hairdressing products, soap, and cosmetics; distribution, wholesale, and retail trading of various beauty products, health products, and sports equipment; retail and wholesale business of health food, such as vitamin p… Read more
Maywufa Co Ltd (1731) - Net Assets
Latest net assets as of September 2025: NT$2.08 Billion TWD
Based on the latest financial reports, Maywufa Co Ltd (1731) has net assets worth NT$2.08 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$3.11 Billion) and total liabilities (NT$1.02 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$2.08 Billion |
| % of Total Assets | 67.09% |
| Annual Growth Rate | 2.71% |
| 5-Year Change | 12.3% |
| 10-Year Change | 21.72% |
| Growth Volatility | 5.65 |
Maywufa Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Maywufa 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 Maywufa Co Ltd (2002–2024)
The table below shows the annual net assets of Maywufa Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.11 Billion | +3.42% |
| 2023-12-31 | NT$2.04 Billion | +2.01% |
| 2022-12-31 | NT$2.00 Billion | -0.44% |
| 2021-12-31 | NT$2.01 Billion | +6.92% |
| 2020-12-31 | NT$1.88 Billion | +6.75% |
| 2019-12-31 | NT$1.76 Billion | +2.21% |
| 2018-12-31 | NT$1.72 Billion | -2.13% |
| 2017-12-31 | NT$1.76 Billion | +1.79% |
| 2016-12-31 | NT$1.73 Billion | -0.28% |
| 2015-12-31 | NT$1.73 Billion | +0.47% |
| 2014-12-31 | NT$1.72 Billion | +2.20% |
| 2013-12-31 | NT$1.69 Billion | +0.72% |
| 2012-12-31 | NT$1.67 Billion | +1.44% |
| 2011-12-31 | NT$1.65 Billion | -0.58% |
| 2010-12-31 | NT$1.66 Billion | -0.42% |
| 2009-12-31 | NT$1.67 Billion | +12.98% |
| 2008-12-31 | NT$1.47 Billion | -2.24% |
| 2007-12-31 | NT$1.51 Billion | +2.54% |
| 2006-12-31 | NT$1.47 Billion | +4.70% |
| 2005-12-31 | NT$1.41 Billion | -1.35% |
| 2004-12-31 | NT$1.42 Billion | +23.35% |
| 2003-12-31 | NT$1.15 Billion | -1.23% |
| 2002-12-31 | NT$1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maywufa 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 255.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$343.38 Million | 16.30% |
| Common Stock | NT$1.33 Billion | 63.09% |
| Other Comprehensive Income | NT$243.21 Million | 11.54% |
| Other Components | NT$191.08 Million | 9.07% |
| Total Equity | NT$2.11 Billion | 100.00% |
Maywufa Co Ltd Competitors by Market Cap
The table below lists competitors of Maywufa Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nonthavej Hospital Public Company Limited
BK:NTV
|
$41.35 Million |
|
Geopacific Resources Ltd
AU:GPR
|
$41.36 Million |
|
Western Uranium & Vanadium Corp
OTCQX:WSTRF
|
$41.36 Million |
|
Allied Telesis Holdings K.K
OTCGREY:ATSKF
|
$41.37 Million |
|
BIOTON S.A. ZY 20
F:7U5
|
$41.31 Million |
|
Cato Corporation
NYSE:CATO
|
$41.31 Million |
|
Trisul S.A
SA:TRIS3
|
$41.31 Million |
|
Innoprise Plantations Bhd
KLSE:6262
|
$41.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maywufa Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,037,156,000 to 2,106,819,000, a change of 69,663,000 (3.4%).
- Net income of 173,232,000 contributed positively to equity growth.
- Dividend payments of 152,853,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,993,000.
- Other factors increased equity by 21,291,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$173.23 Million | +8.22% |
| Dividends Paid | NT$152.85 Million | -7.26% |
| Other Comprehensive Income | NT$27.99 Million | +1.33% |
| Other Changes | NT$21.29 Million | +1.01% |
| Total Change | NT$- | 3.42% |
Book Value vs Market Value Analysis
This analysis compares Maywufa 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: 1.38x
- 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 1.59x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$13.74 | NT$21.80 | x |
| 2010-12-31 | NT$12.63 | NT$21.80 | x |
| 2011-12-31 | NT$12.54 | NT$21.80 | x |
| 2012-12-31 | NT$12.61 | NT$21.80 | x |
| 2013-12-31 | NT$12.67 | NT$21.80 | x |
| 2014-12-31 | NT$12.92 | NT$21.80 | x |
| 2015-12-31 | NT$13.00 | NT$21.80 | x |
| 2016-12-31 | NT$12.95 | NT$21.80 | x |
| 2017-12-31 | NT$13.19 | NT$21.80 | x |
| 2018-12-31 | NT$12.90 | NT$21.80 | x |
| 2019-12-31 | NT$13.19 | NT$21.80 | x |
| 2020-12-31 | NT$14.06 | NT$21.80 | x |
| 2021-12-31 | NT$15.05 | NT$21.80 | x |
| 2022-12-31 | NT$15.02 | NT$21.80 | x |
| 2023-12-31 | NT$15.29 | NT$21.80 | x |
| 2024-12-31 | NT$15.81 | NT$21.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maywufa Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.66%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.51x
- Recent ROE (8.22%) is above the historical average (5.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.46% | 2.74% | 1.32x | 2.06x | NT$-29.72 Million |
| 2003 | 5.75% | 2.00% | 1.36x | 2.12x | NT$-49.10 Million |
| 2004 | 3.63% | 1.32% | 1.33x | 2.07x | NT$-90.69 Million |
| 2005 | 2.15% | 0.66% | 1.56x | 2.10x | NT$-110.29 Million |
| 2006 | 2.40% | 0.71% | 1.43x | 2.37x | NT$-108.60 Million |
| 2007 | 4.16% | 1.06% | 1.81x | 2.15x | NT$-85.49 Million |
| 2008 | 5.40% | 2.52% | 1.17x | 1.83x | NT$-65.65 Million |
| 2009 | 3.56% | 2.02% | 1.01x | 1.74x | NT$-104.19 Million |
| 2010 | 3.50% | 1.93% | 1.06x | 1.71x | NT$-107.84 Million |
| 2011 | 2.55% | 1.87% | 0.91x | 1.49x | NT$-122.89 Million |
| 2012 | 3.57% | 2.78% | 0.86x | 1.49x | NT$-107.64 Million |
| 2013 | 3.77% | 4.20% | 0.59x | 1.52x | NT$-104.99 Million |
| 2014 | 4.67% | 6.53% | 0.49x | 1.46x | NT$-91.75 Million |
| 2015 | 4.57% | 5.78% | 0.52x | 1.52x | NT$-94.00 Million |
| 2016 | 5.26% | 6.29% | 0.56x | 1.51x | NT$-81.86 Million |
| 2017 | 4.89% | 5.46% | 0.59x | 1.51x | NT$-89.75 Million |
| 2018 | 4.41% | 6.74% | 0.42x | 1.55x | NT$-96.18 Million |
| 2019 | 5.72% | 9.14% | 0.40x | 1.56x | NT$-75.14 Million |
| 2020 | 9.12% | 16.05% | 0.43x | 1.32x | NT$-16.60 Million |
| 2021 | 8.19% | 12.75% | 0.48x | 1.34x | NT$-36.27 Million |
| 2022 | 8.10% | 13.00% | 0.49x | 1.27x | NT$-37.87 Million |
| 2023 | 8.30% | 13.00% | 0.46x | 1.39x | NT$-34.62 Million |
| 2024 | 8.22% | 11.66% | 0.47x | 1.51x | NT$-37.45 Million |
Industry Comparison
This section compares Maywufa Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $4,797,524,111
- Average return on equity (ROE) among peers: 3.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maywufa Co Ltd (1731) | NT$2.08 Billion | 7.46% | 0.49x | $41.33 Million |
| Grape King Bio Ltd (1707) | $11.79 Billion | 12.28% | 0.30x | $413.97 Million |
| Standard Chemical & Pharmaceutical Co Ltd (1720) | $8.14 Billion | 10.26% | 0.37x | $160.24 Million |
| Allied Biotech Corporation (1780) | $1.17 Billion | 8.33% | 0.78x | $47.92 Million |
| ScinoPharm Taiwan Ltd (1789) | $9.38 Billion | 5.16% | 0.21x | $180.77 Million |
| GeneFerm Biotechnology Co Ltd (1796) | $396.19 Million | 1.14% | 1.48x | $24.30 Million |
| Easywell Biomedicals Inc. (1799) | $696.90 Million | -39.00% | 0.68x | $62.14 Million |
| LIWANLI Innovation Co Ltd (3054) | $799.59 Million | 4.48% | 0.55x | $49.55 Million |
| YungShin Global Holding Corp (3705) | $4.70 Billion | 6.21% | 0.18x | $292.12 Million |
| TTY Biopharm Co Ltd (4105) | $6.11 Billion | 22.00% | 0.56x | $486.74 Million |