Yieh Hsing Enterprise Co Ltd
Yieh Hsing Enterprise Co., Ltd. engages in the production and sale of various steel pipes, steel coil products, and wire rods in Taiwan. It is also involved in the design, manufacturing, and installation of complete plant machinery and environmental protection equipment systems; leasing and sale of national housing and commercial buildings commissioned by construction companies. The company was f… Read more
Yieh Hsing Enterprise Co Ltd (2007) - Net Assets
Latest net assets as of September 2025: NT$4.49 Billion TWD
Based on the latest financial reports, Yieh Hsing Enterprise Co Ltd (2007) has net assets worth NT$4.49 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$12.06 Billion) and total liabilities (NT$7.57 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$4.49 Billion |
| % of Total Assets | 37.25% |
| Annual Growth Rate | 1.82% |
| 5-Year Change | -28.28% |
| 10-Year Change | 44.37% |
| Growth Volatility | 22.69 |
Yieh Hsing Enterprise Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Yieh Hsing Enterprise 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 Yieh Hsing Enterprise Co Ltd (2002–2024)
The table below shows the annual net assets of Yieh Hsing Enterprise Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.32 Billion | -8.52% |
| 2023-12-31 | NT$5.82 Billion | -14.28% |
| 2022-12-31 | NT$6.79 Billion | -8.90% |
| 2021-12-31 | NT$7.45 Billion | +0.39% |
| 2020-12-31 | NT$7.42 Billion | +16.57% |
| 2019-12-31 | NT$6.37 Billion | +7.73% |
| 2018-12-31 | NT$5.91 Billion | +83.59% |
| 2017-12-31 | NT$3.22 Billion | -5.72% |
| 2016-12-31 | NT$3.42 Billion | -7.40% |
| 2015-12-31 | NT$3.69 Billion | -12.26% |
| 2014-12-31 | NT$4.20 Billion | -12.87% |
| 2013-12-31 | NT$4.82 Billion | -14.64% |
| 2012-12-31 | NT$5.65 Billion | -12.69% |
| 2011-12-31 | NT$6.47 Billion | -1.71% |
| 2010-12-31 | NT$6.59 Billion | +5.75% |
| 2009-12-31 | NT$6.23 Billion | +0.58% |
| 2008-12-31 | NT$6.19 Billion | +15.17% |
| 2007-12-31 | NT$5.38 Billion | +49.87% |
| 2006-12-31 | NT$3.59 Billion | +7.59% |
| 2005-12-31 | NT$3.33 Billion | -17.16% |
| 2004-12-31 | NT$4.03 Billion | +4.90% |
| 2003-12-31 | NT$3.84 Billion | +7.21% |
| 2002-12-31 | NT$3.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yieh Hsing Enterprise 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 53636500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$5.31 Billion | 99.66% |
| Other Comprehensive Income | NT$14.74 Million | 0.28% |
| Other Components | NT$539.89 Million | 10.14% |
| Total Equity | NT$5.32 Billion | 100.00% |
Yieh Hsing Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Yieh Hsing Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Union Auction Public Company Limited
BK:AUCT
|
$31.17 Million |
|
Kamdhenu Limited
NSE:KAMDHENU
|
$31.21 Million |
|
GSE Co. Ltd
KQ:053050
|
$31.21 Million |
|
Playside Studios Ltd
AU:PLY
|
$31.21 Million |
|
FIBI Holdings Ltd
TA:FIBIH
|
$31.16 Million |
|
Denge Yatirim Holding AS
IS:DENGE
|
$31.13 Million |
|
Enseval Putra Megatrading Tbk
JK:EPMT
|
$31.13 Million |
|
GAUMONT SA INH. EO 8
F:69N
|
$31.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yieh Hsing Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,820,479,000 to 5,324,785,000, a change of -495,694,000 (-8.5%).
- Net loss of 1,084,119,000 reduced equity.
- Other comprehensive income increased equity by 12,015,000.
- Other factors increased equity by 576,410,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.08 Billion | -20.36% |
| Other Comprehensive Income | NT$12.02 Million | +0.23% |
| Other Changes | NT$576.41 Million | +10.83% |
| Total Change | NT$- | -8.52% |
Book Value vs Market Value Analysis
This analysis compares Yieh Hsing Enterprise 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: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.23x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$6.38 | NT$7.87 | x |
| 2005-12-31 | NT$5.29 | NT$7.87 | x |
| 2006-12-31 | NT$5.69 | NT$7.87 | x |
| 2007-12-31 | NT$8.53 | NT$7.87 | x |
| 2008-12-31 | NT$9.82 | NT$7.87 | x |
| 2009-12-31 | NT$9.88 | NT$7.87 | x |
| 2010-12-31 | NT$10.44 | NT$7.87 | x |
| 2011-12-31 | NT$10.26 | NT$7.87 | x |
| 2012-12-31 | NT$8.96 | NT$7.87 | x |
| 2013-12-31 | NT$7.65 | NT$7.87 | x |
| 2014-12-31 | NT$6.67 | NT$7.87 | x |
| 2015-12-31 | NT$5.85 | NT$7.87 | x |
| 2016-12-31 | NT$6.43 | NT$7.87 | x |
| 2017-12-31 | NT$6.07 | NT$7.87 | x |
| 2018-12-31 | NT$6.30 | NT$7.87 | x |
| 2019-12-31 | NT$5.16 | NT$7.87 | x |
| 2020-12-31 | NT$13.99 | NT$7.87 | x |
| 2021-12-31 | NT$14.05 | NT$7.87 | x |
| 2022-12-31 | NT$12.80 | NT$7.87 | x |
| 2023-12-31 | NT$10.97 | NT$7.87 | x |
| 2024-12-31 | NT$10.03 | NT$7.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yieh Hsing Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.71%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.38x
- Recent ROE (-20.36%) is below the historical average (-8.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.10% | 4.28% | 0.39x | 4.24x | NT$-111.23 Million |
| 2004 | 4.77% | 2.39% | 0.56x | 3.54x | NT$-210.53 Million |
| 2005 | -18.56% | -7.61% | 0.58x | 4.22x | NT$-952.45 Million |
| 2006 | -19.19% | -7.48% | 0.64x | 4.04x | NT$-1.05 Billion |
| 2007 | -3.91% | -1.99% | 0.76x | 2.58x | NT$-748.16 Million |
| 2008 | -6.22% | -4.07% | 0.66x | 2.32x | NT$-1.00 Billion |
| 2009 | 0.61% | 0.59% | 0.45x | 2.32x | NT$-584.72 Million |
| 2010 | 5.51% | 3.40% | 0.74x | 2.18x | NT$-295.93 Million |
| 2011 | 0.08% | 0.05% | 0.71x | 2.23x | NT$-642.27 Million |
| 2012 | -13.67% | -9.73% | 0.58x | 2.41x | NT$-1.34 Billion |
| 2013 | -17.41% | -13.92% | 0.46x | 2.73x | NT$-1.32 Billion |
| 2014 | -14.81% | -8.61% | 0.52x | 3.28x | NT$-1.04 Billion |
| 2015 | -13.48% | -6.62% | 0.53x | 3.83x | NT$-865.57 Million |
| 2016 | -7.50% | -3.52% | 0.47x | 4.57x | NT$-597.43 Million |
| 2017 | -5.72% | -2.30% | 0.44x | 5.62x | NT$-506.11 Million |
| 2018 | 0.45% | 0.17% | 0.43x | 6.08x | NT$-318.91 Million |
| 2019 | -23.44% | -9.80% | 0.28x | 8.60x | NT$-916.17 Million |
| 2020 | -6.33% | -8.41% | 0.43x | 1.74x | NT$-1.21 Billion |
| 2021 | 0.18% | 0.19% | 0.53x | 1.76x | NT$-732.19 Million |
| 2022 | -10.23% | -10.17% | 0.58x | 1.73x | NT$-1.37 Billion |
| 2023 | -16.86% | -19.57% | 0.41x | 2.10x | NT$-1.56 Billion |
| 2024 | -20.36% | -15.71% | 0.54x | 2.38x | NT$-1.62 Billion |
Industry Comparison
This section compares Yieh Hsing Enterprise Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $16,073,330,111
- Average return on equity (ROE) among peers: 3.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yieh Hsing Enterprise Co Ltd (2007) | NT$4.49 Billion | 7.10% | 1.68x | $31.17 Million |
| 1480 (1480) | $3.18 Billion | 0.46% | 1.04x | $28.61 Million |
| Walsin Lihwa Corp (1605) | $65.41 Billion | 3.46% | 0.66x | $2.92 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $21.32 Billion | 20.57% | 0.55x | $1.06 Billion |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.65 Billion | -8.46% | 1.05x | $28.68 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $11.10 Billion | 3.51% | 0.60x | $343.22 Million |
| Chun Yu Works & Co Ltd (2012) | $4.07 Billion | 5.73% | 1.56x | $36.12 Million |
| Chung Hung Steel Corp (2014) | $17.06 Billion | -5.80% | 1.15x | $447.20 Million |
| Feng Hsin Steel Co Ltd (2015) | $15.96 Billion | 10.15% | 0.25x | $673.49 Million |
| Quintain Steel Co Ltd (2017) | $3.89 Billion | 0.00% | 0.74x | $71.83 Million |