China Steel Structure Co Ltd (2013) - Net Assets
Based on the latest financial reports, China Steel Structure Co Ltd (2013) has net assets worth NT$5.47 Billion TWD (≈ $172.42 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$14.56 Billion ≈ $458.60 Million USD) and total liabilities (NT$9.08 Billion ≈ $286.18 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. Also explore China Steel Structure Co Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.47 Billion |
| % of Total Assets | 37.6% |
| Annual Growth Rate | 3.43% |
| 5-Year Change | 12.93% |
| 10-Year Change | 24.13% |
| Growth Volatility | 6.77 |
China Steel Structure Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how China Steel Structure Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see China Steel Structure Co Ltd market cap and net worth.
Annual Net Assets for China Steel Structure Co Ltd (2002–2024)
The table below shows the annual net assets of China Steel Structure Co Ltd from 2002 to 2024. Explore China Steel Structure Co Ltd operating cash flow efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.43 Billion ≈ $171.03 Million |
+0.58% |
| 2023-12-31 | NT$5.40 Billion ≈ $170.05 Million |
+2.75% |
| 2022-12-31 | NT$5.25 Billion ≈ $165.50 Million |
+1.34% |
| 2021-12-31 | NT$5.18 Billion ≈ $163.31 Million |
+7.83% |
| 2020-12-31 | NT$4.81 Billion ≈ $151.45 Million |
+12.08% |
| 2019-12-31 | NT$4.29 Billion ≈ $135.13 Million |
+1.52% |
| 2018-12-31 | NT$4.22 Billion ≈ $133.11 Million |
+1.09% |
| 2017-12-31 | NT$4.18 Billion ≈ $131.67 Million |
-1.91% |
| 2016-12-31 | NT$4.26 Billion ≈ $134.23 Million |
-2.57% |
| 2015-12-31 | NT$4.37 Billion ≈ $137.78 Million |
-2.99% |
| 2014-12-31 | NT$4.51 Billion ≈ $142.03 Million |
-0.04% |
| 2013-12-31 | NT$4.51 Billion ≈ $142.08 Million |
+1.39% |
| 2012-12-31 | NT$4.45 Billion ≈ $140.14 Million |
+3.02% |
| 2011-12-31 | NT$4.32 Billion ≈ $136.03 Million |
+5.35% |
| 2010-12-31 | NT$4.10 Billion ≈ $129.12 Million |
+27.47% |
| 2009-12-31 | NT$3.22 Billion ≈ $101.30 Million |
+6.49% |
| 2008-12-31 | NT$3.02 Billion ≈ $95.12 Million |
-3.00% |
| 2007-12-31 | NT$3.11 Billion ≈ $98.06 Million |
+3.84% |
| 2006-12-31 | NT$3.00 Billion ≈ $94.43 Million |
+13.18% |
| 2005-12-31 | NT$2.65 Billion ≈ $83.43 Million |
+4.51% |
| 2004-12-31 | NT$2.53 Billion ≈ $79.83 Million |
+0.68% |
| 2003-12-31 | NT$2.52 Billion ≈ $79.29 Million |
-2.57% |
| 2002-12-31 | NT$2.58 Billion ≈ $81.38 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to China Steel Structure 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 218912800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.19 Billion | 40.33% |
| Common Stock | NT$2.00 Billion | 36.84% |
| Other Comprehensive Income | NT$-136.52 Million | -2.51% |
| Other Components | NT$1.38 Billion | 25.35% |
| Total Equity | NT$5.43 Billion | 100.00% |
China Steel Structure Co Ltd Competitors by Market Cap
The table below lists competitors of China Steel Structure Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Frequency Electronics Inc
NASDAQ:FEIM
|
$269.37 Million |
|
Nexpoint Real Estate Finance Inc
NYSE:NREF
|
$269.47 Million |
|
InBody Co.Ltd
KQ:041830
|
$269.54 Million |
|
Citizens Inc
NYSE:CIA
|
$269.61 Million |
|
Bermaz Auto Bhd
KLSE:5248
|
$269.32 Million |
|
First of Long Island Corp
NASDAQ:FLIC
|
$269.21 Million |
|
Hudson Technologies Inc
NASDAQ:HDSN
|
$269.20 Million |
|
Pecca Group Bhd
KLSE:5271
|
$269.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Steel Structure Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,397,458,000 to 5,428,524,000, a change of 31,066,000 (0.6%).
- Net income of 539,479,000 contributed positively to equity growth.
- Dividend payments of 380,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 173,130,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$539.48 Million | +9.94% |
| Dividends Paid | NT$380.00 Million | -7.0% |
| Other Comprehensive Income | NT$-173.13 Million | -3.19% |
| Other Changes | NT$44.72 Million | +0.82% |
| Total Change | NT$- | 0.58% |
Book Value vs Market Value Analysis
This analysis compares China Steel Structure 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: 1.58x
- 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 2.05x to 1.58x 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$20.80 | NT$42.75 | x |
| 2010-12-31 | NT$24.31 | NT$42.75 | x |
| 2011-12-31 | NT$22.22 | NT$42.75 | x |
| 2012-12-31 | NT$22.89 | NT$42.75 | x |
| 2013-12-31 | NT$23.25 | NT$42.75 | x |
| 2014-12-31 | NT$23.27 | NT$42.75 | x |
| 2015-12-31 | NT$22.57 | NT$42.75 | x |
| 2016-12-31 | NT$22.03 | NT$42.75 | x |
| 2017-12-31 | NT$21.62 | NT$42.75 | x |
| 2018-12-31 | NT$21.84 | NT$42.75 | x |
| 2019-12-31 | NT$22.16 | NT$42.75 | x |
| 2020-12-31 | NT$24.76 | NT$42.75 | x |
| 2021-12-31 | NT$26.04 | NT$42.75 | x |
| 2022-12-31 | NT$26.21 | NT$42.75 | x |
| 2023-12-31 | NT$26.92 | NT$42.75 | x |
| 2024-12-31 | NT$27.07 | NT$42.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Steel Structure Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.74%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 2.72x
- Recent ROE (9.94%) is above the historical average (7.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.10% | 1.34% | 1.09x | 2.80x | NT$-152.40 Million |
| 2003 | 2.99% | 0.93% | 1.03x | 3.11x | NT$-176.30 Million |
| 2004 | 4.58% | 0.98% | 1.49x | 3.14x | NT$-137.21 Million |
| 2006 | 7.70% | 1.56% | 1.40x | 3.52x | NT$-69.03 Million |
| 2007 | 8.41% | 1.72% | 1.39x | 3.52x | NT$-49.48 Million |
| 2008 | 7.57% | 1.15% | 1.75x | 3.74x | NT$-73.32 Million |
| 2009 | 6.93% | 1.71% | 1.48x | 2.74x | NT$-98.74 Million |
| 2010 | 8.54% | 2.55% | 1.40x | 2.40x | NT$-59.72 Million |
| 2011 | 12.82% | 3.05% | 1.42x | 2.97x | NT$121.94 Million |
| 2012 | 13.31% | 2.95% | 1.56x | 2.89x | NT$147.03 Million |
| 2013 | 9.66% | 2.23% | 1.37x | 3.16x | NT$-15.45 Million |
| 2014 | 5.67% | 1.48% | 1.27x | 3.02x | NT$-195.13 Million |
| 2015 | 3.96% | 1.11% | 1.05x | 3.42x | NT$-264.08 Million |
| 2016 | 1.69% | 0.42% | 1.15x | 3.51x | NT$-354.05 Million |
| 2017 | 1.30% | 0.33% | 1.14x | 3.46x | NT$-363.63 Million |
| 2018 | 2.78% | 0.58% | 1.20x | 4.01x | NT$-304.90 Million |
| 2019 | 3.67% | 0.94% | 1.16x | 3.36x | NT$-271.28 Million |
| 2020 | 13.12% | 4.76% | 0.90x | 3.06x | NT$150.00 Million |
| 2021 | 9.53% | 3.09% | 1.15x | 2.68x | NT$-24.31 Million |
| 2022 | 9.12% | 2.47% | 1.45x | 2.54x | NT$-46.39 Million |
| 2023 | 9.92% | 2.84% | 1.31x | 2.67x | NT$-4.20 Million |
| 2024 | 9.94% | 2.74% | 1.33x | 2.72x | NT$-3.37 Million |
Industry Comparison
This section compares China Steel Structure Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $88,883,134,556
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Steel Structure Co Ltd (2013) | NT$5.47 Billion | 4.10% | 1.66x | $269.37 Million |
| Walsin Lihwa Corp (1605) | $54.97 Billion | 0.00% | 0.51x | $4.21 Billion |
| China Steel Corp (2002) | $331.95 Billion | 5.09% | 1.01x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $356.85 Billion | 4.98% | 0.92x | $46.78 Million |
| Tung Ho Steel Enterprise Corp (2006) | $19.86 Billion | 4.43% | 0.96x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $6.79 Billion | -10.23% | 0.73x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.75 Billion | 0.00% | 3.13x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $7.15 Billion | 11.07% | 1.20x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $2.58 Billion | 3.92% | 1.85x | $129.09 Million |
| Chung Hung Steel Corp (2014) | $17.06 Billion | -5.80% | 1.15x | $796.00 Million |
About China Steel Structure Co Ltd
China Steel Structure Co., Ltd. engaged in the designing, processing, manufacturing, assembly and sales of various types of steel and steel structures in Taiwan, Asia, and internationally. The company offers built-up section, high-rise building structures, factory structures, bridge structures, machinery structures, petro-chemical pipe supporting system. It also provides technical services for th… Read more