Evermore Chemical Industry Co Ltd
Evermore Chemical Industry Co., Ltd. produces and sells synthetic leather resin in China, Taiwan, and internationally. The company offers solvent based PU resin, thermoplastic PU components, PU adhesives, aqueous based PU dispersion, polyurethane system polyester, poly isocyanates cross-linking agent hardners, polyester polyol, and UV monomer/oligomer, as well as synthetic chemistry. It also invo… Read more
Evermore Chemical Industry Co Ltd (1735) - Net Assets
Latest net assets as of September 2025: NT$1.47 Billion TWD
Based on the latest financial reports, Evermore Chemical Industry Co Ltd (1735) has net assets worth NT$1.47 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$1.65 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$1.47 Billion |
| % of Total Assets | 47.05% |
| Annual Growth Rate | 2.64% |
| 5-Year Change | 5.97% |
| 10-Year Change | 7.0% |
| Growth Volatility | 7.75 |
Evermore Chemical Industry Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Evermore Chemical Industry 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 Evermore Chemical Industry Co Ltd (2002–2024)
The table below shows the annual net assets of Evermore Chemical Industry Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.57 Billion | +5.04% |
| 2023-12-31 | NT$1.50 Billion | +0.14% |
| 2022-12-31 | NT$1.50 Billion | +4.42% |
| 2021-12-31 | NT$1.43 Billion | -3.52% |
| 2020-12-31 | NT$1.48 Billion | +1.32% |
| 2019-12-31 | NT$1.47 Billion | +6.04% |
| 2018-12-31 | NT$1.38 Billion | -2.23% |
| 2017-12-31 | NT$1.41 Billion | -1.22% |
| 2016-12-31 | NT$1.43 Billion | -2.70% |
| 2015-12-31 | NT$1.47 Billion | +0.69% |
| 2014-12-31 | NT$1.46 Billion | -3.00% |
| 2013-12-31 | NT$1.51 Billion | +0.49% |
| 2012-12-31 | NT$1.50 Billion | +1.33% |
| 2011-12-31 | NT$1.48 Billion | -0.18% |
| 2010-12-31 | NT$1.48 Billion | -6.14% |
| 2009-12-31 | NT$1.58 Billion | +4.38% |
| 2008-12-31 | NT$1.51 Billion | -5.19% |
| 2007-12-31 | NT$1.59 Billion | +15.46% |
| 2006-12-31 | NT$1.38 Billion | +29.67% |
| 2005-12-31 | NT$1.06 Billion | +3.57% |
| 2004-12-31 | NT$1.03 Billion | +2.87% |
| 2003-12-31 | NT$999.48 Million | +12.70% |
| 2002-12-31 | NT$886.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evermore Chemical Industry 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 4.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$218.40 Million | 13.88% |
| Common Stock | NT$993.88 Million | 63.18% |
| Other Comprehensive Income | NT$262.81 Million | 16.71% |
| Other Components | NT$98.02 Million | 6.23% |
| Total Equity | NT$1.57 Billion | 100.00% |
Evermore Chemical Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Evermore Chemical Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lytix Biopharma AS
OL:LYTIX
|
$32.92 Million |
|
Maiden Holdings Ltd
NASDAQ:MHLD
|
$32.93 Million |
|
Myungmoon Phar
KO:017180
|
$32.93 Million |
|
REC Silicon ASA
PINK:RNWEF
|
$32.94 Million |
|
VISIOMED GROUP EO 001
F:7V91
|
$32.91 Million |
|
K Wave Media Ltd.
NASDAQ:KWM
|
$32.91 Million |
|
Shufersal
TA:SAE
|
$32.89 Million |
|
Kimlun Corporation Bhd
KLSE:5171
|
$32.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evermore Chemical Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,497,654,000 to 1,573,103,000, a change of 75,449,000 (5.0%).
- Net income of 96,413,000 contributed positively to equity growth.
- Dividend payments of 49,694,000 reduced retained earnings.
- Other comprehensive income increased equity by 50,189,000.
- Other factors decreased equity by 21,459,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$96.41 Million | +6.13% |
| Dividends Paid | NT$49.69 Million | -3.16% |
| Other Comprehensive Income | NT$50.19 Million | +3.19% |
| Other Changes | NT$-21.46 Million | -1.36% |
| Total Change | NT$- | 5.04% |
Book Value vs Market Value Analysis
This analysis compares Evermore Chemical Industry 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: 1.99x
- 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 2.20x to 1.99x 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$14.27 | NT$31.45 | x |
| 2010-12-31 | NT$13.31 | NT$31.45 | x |
| 2011-12-31 | NT$13.26 | NT$31.45 | x |
| 2012-12-31 | NT$13.83 | NT$31.45 | x |
| 2013-12-31 | NT$13.81 | NT$31.45 | x |
| 2014-12-31 | NT$14.01 | NT$31.45 | x |
| 2015-12-31 | NT$14.68 | NT$31.45 | x |
| 2016-12-31 | NT$14.33 | NT$31.45 | x |
| 2017-12-31 | NT$14.18 | NT$31.45 | x |
| 2018-12-31 | NT$13.89 | NT$31.45 | x |
| 2019-12-31 | NT$14.67 | NT$31.45 | x |
| 2020-12-31 | NT$14.89 | NT$31.45 | x |
| 2021-12-31 | NT$14.40 | NT$31.45 | x |
| 2022-12-31 | NT$15.02 | NT$31.45 | x |
| 2023-12-31 | NT$15.02 | NT$31.45 | x |
| 2024-12-31 | NT$15.77 | NT$31.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evermore Chemical Industry 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.64%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.09x
- Recent ROE (6.13%) is below the historical average (6.60%), 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 | 18.92% | 12.94% | 0.95x | 1.54x | NT$79.04 Million |
| 2003 | 16.27% | 11.95% | 0.88x | 1.55x | NT$62.68 Million |
| 2004 | 14.73% | 9.05% | 0.89x | 1.82x | NT$48.62 Million |
| 2006 | 1.09% | 0.47% | 0.86x | 2.69x | NT$-105.22 Million |
| 2007 | 7.15% | 1.81% | 1.08x | 3.65x | NT$-35.68 Million |
| 2009 | 10.41% | 2.98% | 1.24x | 2.81x | NT$5.34 Million |
| 2010 | 4.09% | 0.88% | 1.49x | 3.11x | NT$-71.94 Million |
| 2011 | 2.35% | 0.55% | 1.34x | 3.20x | NT$-93.08 Million |
| 2012 | 7.26% | 1.85% | 1.25x | 3.15x | NT$-33.81 Million |
| 2013 | 4.95% | 1.42% | 1.27x | 2.75x | NT$-68.37 Million |
| 2014 | 5.32% | 1.65% | 1.27x | 2.53x | NT$-65.36 Million |
| 2015 | 8.45% | 3.70% | 1.23x | 1.86x | NT$-22.74 Million |
| 2016 | 5.12% | 2.44% | 1.06x | 1.98x | NT$-69.82 Million |
| 2017 | 4.44% | 1.89% | 1.08x | 2.18x | NT$-78.61 Million |
| 2018 | 0.75% | 0.28% | 1.23x | 2.16x | NT$-127.80 Million |
| 2019 | 8.04% | 3.71% | 1.09x | 1.98x | NT$-28.67 Million |
| 2020 | 4.99% | 3.13% | 0.77x | 2.06x | NT$-74.44 Million |
| 2021 | 0.70% | 0.31% | 0.86x | 2.60x | NT$-133.16 Million |
| 2022 | 2.35% | 1.19% | 0.87x | 2.27x | NT$-114.34 Million |
| 2023 | 5.02% | 3.18% | 0.72x | 2.20x | NT$-74.55 Million |
| 2024 | 6.13% | 3.64% | 0.81x | 2.09x | NT$-60.90 Million |
Industry Comparison
This section compares Evermore Chemical Industry Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $59,834,150,222
- Average return on equity (ROE) among peers: 7.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evermore Chemical Industry Co Ltd (1735) | NT$1.47 Billion | 18.92% | 1.13x | $32.91 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.59 Billion | 10.54% | 0.81x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $23.48 Billion | 14.00% | 0.19x | $358.21 Million |
| UPC Technology Corp (1313) | $30.05 Billion | -0.94% | 0.85x | $269.65 Million |
| Formosa Chemicals & Fibre Corp (1326) | $433.32 Billion | 11.25% | 0.37x | $4.53 Billion |
| Sesoda Corp (1708) | $3.17 Billion | 17.62% | 0.48x | $222.71 Million |
| Formosan Union Chemical Corp (1709) | $8.55 Billion | 12.69% | 0.55x | $156.95 Million |
| Oriental Union Chemical Corp (1710) | $14.39 Billion | 1.85% | 1.29x | $288.33 Million |
| Ho Tung Chemical Corp (1714) | $16.63 Billion | 4.35% | 0.44x | $211.00 Million |
| Sunko Ink Co Ltd (1721) | $2.33 Billion | -3.00% | 0.75x | $64.82 Million |