Chung Hwa Pulp Corp (1905) - Net Assets

Latest as of December 2025: NT$18.59 Billion TWD ≈ $585.60 Million USD

Based on the latest financial reports, Chung Hwa Pulp Corp (1905) has net assets worth NT$18.59 Billion TWD (≈ $585.60 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$40.44 Billion ≈ $1.27 Billion USD) and total liabilities (NT$21.85 Billion ≈ $688.53 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 1905 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$18.59 Billion
% of Total Assets 45.96%
Annual Growth Rate 3.73%
5-Year Change 5.41%
10-Year Change 2.92%
Growth Volatility 20.12

Chung Hwa Pulp Corp - Net Assets Trend (2000–2025)

This chart illustrates how Chung Hwa Pulp Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Chung Hwa Pulp Corp to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Chung Hwa Pulp Corp (2000–2025)

The table below shows the annual net assets of Chung Hwa Pulp Corp from 2000 to 2025. For live valuation and market cap data, see Chung Hwa Pulp Corp market cap and net worth.

Year Net Assets Change
2025-12-31 NT$18.59 Billion
≈ $585.60 Million		 +2.17%
2024-12-31 NT$18.19 Billion
≈ $573.17 Million		 +4.05%
2023-12-31 NT$17.48 Billion
≈ $550.84 Million		 -3.38%
2022-12-31 NT$18.09 Billion
≈ $570.08 Million		 +2.61%
2021-12-31 NT$17.63 Billion
≈ $555.55 Million		 +3.81%
2020-12-31 NT$16.99 Billion
≈ $535.14 Million		 -2.35%
2019-12-31 NT$17.40 Billion
≈ $548.04 Million		 -3.70%
2018-12-31 NT$18.06 Billion
≈ $569.12 Million		 -0.65%
2017-12-31 NT$18.18 Billion
≈ $572.82 Million		 +0.68%
2016-12-31 NT$18.06 Billion
≈ $568.97 Million		 -5.46%
2015-12-31 NT$19.10 Billion
≈ $601.84 Million		 -4.26%
2014-12-31 NT$19.95 Billion
≈ $628.61 Million		 +2.74%
2013-12-31 NT$19.42 Billion
≈ $611.87 Million		 -0.90%
2012-12-31 NT$19.60 Billion
≈ $617.43 Million		 +96.45%
2011-12-31 NT$9.98 Billion
≈ $314.30 Million		 -3.83%
2010-12-31 NT$10.37 Billion
≈ $326.81 Million		 +10.69%
2009-12-31 NT$9.37 Billion
≈ $295.25 Million		 -5.27%
2008-12-31 NT$9.89 Billion
≈ $311.66 Million		 -5.22%
2007-12-31 NT$10.44 Billion
≈ $328.82 Million		 +20.24%
2006-12-31 NT$8.68 Billion
≈ $273.47 Million		 -8.66%
2005-12-31 NT$9.50 Billion
≈ $299.39 Million		 +14.52%
2004-12-31 NT$8.30 Billion
≈ $261.42 Million		 +1.11%
2003-12-31 NT$8.21 Billion
≈ $258.54 Million		 +14.13%
2002-12-31 NT$7.19 Billion
≈ $226.52 Million		 +10.23%
2001-12-31 NT$6.52 Billion
≈ $205.49 Million		 -12.37%
2000-12-31 NT$7.44 Billion
≈ $234.51 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Chung Hwa Pulp 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 decreased by 17.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$711.69 Million 4.41%
Common Stock NT$11.03 Billion 68.38%
Other Comprehensive Income NT$4.25 Billion 26.32%
Other Components NT$143.19 Million 0.89%
Total Equity NT$16.13 Billion 100.00%

Chung Hwa Pulp Corp Competitors by Market Cap

The table below lists competitors of Chung Hwa Pulp Corp ranked by their market capitalization.

Company Market Cap
SoluM Co Ltd
KO:248070
 $594.30 Million
Cheryong Electric Co.Ltd
KQ:033100
 $594.34 Million
Zhejiang Reclaim Construction Group Co Ltd
SHE:002586
 $594.40 Million
Bank Bukopin Tbk
JK:BBKP
 $594.44 Million
Mega-info Media Co.Ltd.
SHE:301102
 $594.11 Million
Wesure Global Tech Ltd
TA:WESR
 $593.93 Million
DRI Healthcare Trust
TO:DHT-U
 $593.86 Million
Hyosung Advanced Materials Corp
KO:298050
 $593.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chung Hwa Pulp Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 15,698,077,000 to 16,128,834,000, a change of 430,757,000 (2.7%).
  • Net loss of 612,558,000 reduced equity.
  • Share repurchases of 136,389,000 reduced equity.
  • Other comprehensive income increased equity by 4,245,597,000.
  • Other factors decreased equity by 3,065,893,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$-612.56 Million -3.8%
Share Repurchases NT$136.39 Million -0.85%
Other Comprehensive Income NT$4.25 Billion +26.32%
Other Changes NT$-3.07 Billion -19.01%
Total Change NT$- 2.74%

Book Value vs Market Value Analysis

This analysis compares Chung Hwa Pulp 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: 1.17x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 NT$13.90 NT$17.10 x
2005-12-31 NT$15.80 NT$17.10 x
2006-12-31 NT$15.61 NT$17.10 x
2007-12-31 NT$16.51 NT$17.10 x
2008-12-31 NT$15.23 NT$17.10 x
2009-12-31 NT$14.28 NT$17.10 x
2010-12-31 NT$15.67 NT$17.10 x
2011-12-31 NT$14.87 NT$17.10 x
2012-12-31 NT$24.65 NT$17.10 x
2013-12-31 NT$14.94 NT$17.10 x
2014-12-31 NT$14.03 NT$17.10 x
2015-12-31 NT$13.99 NT$17.10 x
2016-12-31 NT$14.24 NT$17.10 x
2017-12-31 NT$14.29 NT$17.10 x
2018-12-31 NT$14.17 NT$17.10 x
2019-12-31 NT$13.71 NT$17.10 x
2020-12-31 NT$13.51 NT$17.10 x
2021-12-31 NT$14.23 NT$17.10 x
2022-12-31 NT$14.52 NT$17.10 x
2023-12-31 NT$13.95 NT$17.10 x
2024-12-31 NT$14.44 NT$17.10 x
2025-12-31 NT$14.67 NT$17.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chung Hwa Pulp 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): -3.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.26%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 2.51x
  • Recent ROE (-3.80%) is below the historical average (3.33%), 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 6.66% 7.38% 0.61x 1.49x NT$-227.35 Million
2003 7.19% 8.27% 0.58x 1.49x NT$-216.66 Million
2004 6.47% 7.05% 0.62x 1.49x NT$-272.68 Million
2005 8.17% 10.44% 0.56x 1.40x NT$-161.14 Million
2006 5.41% 7.72% 0.58x 1.20x NT$-398.68 Million
2007 9.22% 9.46% 0.69x 1.41x NT$-71.30 Million
2008 2.54% 2.61% 0.60x 1.62x NT$-631.69 Million
2009 -6.05% -6.75% 0.53x 1.68x NT$-1.27 Billion
2010 10.49% 9.94% 0.67x 1.58x NT$43.47 Million
2011 0.14% 0.13% 0.59x 1.75x NT$-815.35 Million
2012 25.84% 90.00% 0.18x 1.61x NT$2.73 Billion
2013 -4.10% -3.44% 0.72x 1.66x NT$-2.39 Billion
2014 0.16% 0.13% 0.72x 1.70x NT$-1.71 Billion
2015 4.72% 3.71% 0.69x 1.84x NT$-871.23 Million
2016 2.49% 1.78% 0.74x 1.89x NT$-1.18 Billion
2017 3.92% 2.71% 0.75x 1.92x NT$-958.92 Million
2018 2.85% 1.85% 0.77x 2.01x NT$-1.12 Billion
2019 -1.62% -1.18% 0.67x 2.06x NT$-1.76 Billion
2020 -1.36% -1.08% 0.57x 2.21x NT$-1.68 Billion
2021 3.16% 2.22% 0.65x 2.20x NT$-1.06 Billion
2022 2.83% 1.89% 0.67x 2.25x NT$-1.13 Billion
2023 -3.78% -2.74% 0.59x 2.34x NT$-2.09 Billion
2024 -1.61% -1.21% 0.54x 2.46x NT$-1.82 Billion
2025 -3.80% -3.26% 0.46x 2.51x NT$-2.23 Billion

Industry Comparison

This section compares Chung Hwa Pulp Corp's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $21,066,107,000
  • Average return on equity (ROE) among peers: 5.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chung Hwa Pulp Corp (1905) NT$18.59 Billion 6.66% 1.18x $594.15 Million
Cheng Loong Corp (1904) $25.56 Billion 9.01% 1.32x $806.58 Million
Baolong International Co Ltd (1906) $1.13 Billion 0.00% 0.59x $54.47 Million
YFY Inc (1907) $30.23 Billion 4.82% 1.28x $1.48 Billion
Long Chen Paper Co Ltd (1909) $27.35 Billion 8.60% 1.85x $419.61 Million

About Chung Hwa Pulp Corp

TW:1905 Taiwan Paper & Paper Products
Market Cap
$594.15 Million
NT$18.86 Billion TWD
Market Cap Rank
#11507 Global
#432 in Taiwan
Share Price
NT$17.10
Change (1 day)
+9.97%
52-Week Range
NT$11.20 - NT$18.55
All Time High
NT$32.05
Categories
Companies in Taiwan Paper & Paper Products
About

Chung Hwa Pulp Corporation manufactures, sells, and distributes pulp, paper, paperboard, chemical products, and fertilizers in Taiwan and Mainland China. The company is involved in the cultivation and sales of seedlings, afforestation, logging, and other forestry activities; tape, specialty chemicals, and forestry and agriculture products; and production and sales of non-long fiber pulp, long fib… Read more