Chung Hung Steel Corp (2014) - Net Assets
Based on the latest financial reports, Chung Hung Steel Corp (2014) has net assets worth NT$12.55 Billion TWD (≈ $395.47 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$28.01 Billion ≈ $882.56 Million USD) and total liabilities (NT$15.46 Billion ≈ $487.08 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 Chung Hung Steel Corp (2014) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.55 Billion |
| % of Total Assets | 44.81% |
| Annual Growth Rate | 1.38% |
| 5-Year Change | -6.88% |
| 10-Year Change | 113.69% |
| Growth Volatility | 31.89 |
Chung Hung Steel Corp - Net Assets Trend (2002–2024)
This chart illustrates how Chung Hung Steel Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Chung Hung Steel Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Chung Hung Steel Corp (2002–2024)
The table below shows the annual net assets of Chung Hung Steel Corp from 2002 to 2024. For live valuation and market cap data, see 2014 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.19 Billion ≈ $446.92 Million |
-12.75% |
| 2023-12-31 | NT$16.26 Billion ≈ $512.25 Million |
-4.71% |
| 2022-12-31 | NT$17.06 Billion ≈ $537.56 Million |
-24.37% |
| 2021-12-31 | NT$22.56 Billion ≈ $710.81 Million |
+48.11% |
| 2020-12-31 | NT$15.23 Billion ≈ $479.93 Million |
+4.56% |
| 2019-12-31 | NT$14.57 Billion ≈ $459.00 Million |
-1.32% |
| 2018-12-31 | NT$14.76 Billion ≈ $465.12 Million |
+23.79% |
| 2017-12-31 | NT$11.93 Billion ≈ $375.72 Million |
+26.74% |
| 2016-12-31 | NT$9.41 Billion ≈ $296.46 Million |
+41.75% |
| 2015-12-31 | NT$6.64 Billion ≈ $209.14 Million |
-26.86% |
| 2014-12-31 | NT$9.08 Billion ≈ $285.95 Million |
+1.57% |
| 2013-12-31 | NT$8.94 Billion ≈ $281.54 Million |
+0.37% |
| 2012-12-31 | NT$8.90 Billion ≈ $280.49 Million |
-28.93% |
| 2011-12-31 | NT$12.53 Billion ≈ $394.67 Million |
-21.21% |
| 2010-12-31 | NT$15.90 Billion ≈ $500.92 Million |
+11.64% |
| 2009-12-31 | NT$14.24 Billion ≈ $448.68 Million |
+71.89% |
| 2008-12-31 | NT$8.28 Billion ≈ $261.02 Million |
-50.04% |
| 2007-12-31 | NT$16.58 Billion ≈ $522.43 Million |
+20.73% |
| 2006-12-31 | NT$13.74 Billion ≈ $432.73 Million |
+68.81% |
| 2005-12-31 | NT$8.14 Billion ≈ $256.35 Million |
-41.01% |
| 2004-12-31 | NT$13.79 Billion ≈ $434.58 Million |
+13.46% |
| 2003-12-31 | NT$12.16 Billion ≈ $383.03 Million |
+15.88% |
| 2002-12-31 | NT$10.49 Billion ≈ $330.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chung Hung Steel 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 grown by 15504900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$155.05 Million | 1.09% |
| Common Stock | NT$14.36 Billion | 101.20% |
| Other Comprehensive Income | NT$-326.03 Million | -2.30% |
| Other Components | NT$903.00K | 0.01% |
| Total Equity | NT$14.19 Billion | 100.00% |
Chung Hung Steel Corp Competitors by Market Cap
The table below lists competitors of Chung Hung Steel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grindrod
JSE:GND
|
$796.12 Million |
|
Le Travenues Technology Ltd
NSE:IXIGO
|
$796.29 Million |
|
Delta Israel Brands Ltd
TA:DLTI
|
$796.38 Million |
|
Delixi Xinjiang Transp Co Ltd
SHG:603032
|
$796.52 Million |
|
Hite Jinro
KO:000080
|
$796.00 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$795.78 Million |
|
Scope Metals Group Ltd
TA:SCOP
|
$795.35 Million |
|
CSBC Corp Taiwan
TW:2208
|
$795.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chung Hung Steel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,258,981,000 to 14,185,367,000, a change of -2,073,614,000 (-12.8%).
- Net loss of 891,679,000 reduced equity.
- Dividend payments of 143,554,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,017,921,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-891.68 Million | -6.29% |
| Dividends Paid | NT$143.55 Million | -1.01% |
| Other Comprehensive Income | NT$-1.02 Billion | -7.18% |
| Other Changes | NT$-20.46 Million | -0.14% |
| Total Change | NT$- | -12.75% |
Book Value vs Market Value Analysis
This analysis compares Chung Hung Steel 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: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.44x to 1.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$12.25 | NT$17.60 | x |
| 2007-12-31 | NT$14.78 | NT$17.60 | x |
| 2008-12-31 | NT$7.39 | NT$17.60 | x |
| 2009-12-31 | NT$10.53 | NT$17.60 | x |
| 2010-12-31 | NT$11.02 | NT$17.60 | x |
| 2011-12-31 | NT$8.73 | NT$17.60 | x |
| 2012-12-31 | NT$6.20 | NT$17.60 | x |
| 2013-12-31 | NT$6.22 | NT$17.60 | x |
| 2014-12-31 | NT$6.32 | NT$17.60 | x |
| 2015-12-31 | NT$4.62 | NT$17.60 | x |
| 2016-12-31 | NT$6.55 | NT$17.60 | x |
| 2017-12-31 | NT$8.31 | NT$17.60 | x |
| 2018-12-31 | NT$10.27 | NT$17.60 | x |
| 2019-12-31 | NT$10.15 | NT$17.60 | x |
| 2020-12-31 | NT$10.60 | NT$17.60 | x |
| 2021-12-31 | NT$15.63 | NT$17.60 | x |
| 2022-12-31 | NT$11.89 | NT$17.60 | x |
| 2023-12-31 | NT$11.32 | NT$17.60 | x |
| 2024-12-31 | NT$9.88 | NT$17.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chung Hung Steel 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): -6.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.93%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.15x
- Recent ROE (-6.29%) is below the historical average (3.49%), 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 | 18.76% | 8.47% | 0.82x | 2.70x | NT$918.78 Million |
| 2003 | 13.71% | 5.48% | 1.11x | 2.26x | NT$450.83 Million |
| 2004 | 11.89% | 3.55% | 1.50x | 2.23x | NT$260.75 Million |
| 2006 | 37.00% | 11.18% | 1.58x | 2.09x | NT$3.71 Billion |
| 2007 | 16.19% | 5.64% | 1.46x | 1.96x | NT$1.03 Billion |
| 2008 | -45.47% | -7.66% | 1.33x | 4.46x | NT$-4.60 Billion |
| 2009 | 3.81% | 1.47% | 1.09x | 2.37x | NT$-881.06 Million |
| 2010 | 9.72% | 3.66% | 1.20x | 2.21x | NT$-45.09 Million |
| 2011 | -19.54% | -5.34% | 1.20x | 3.05x | NT$-3.70 Billion |
| 2012 | -39.01% | -8.03% | 1.21x | 4.00x | NT$-4.36 Billion |
| 2013 | 1.56% | 0.36% | 1.07x | 4.06x | NT$-754.26 Million |
| 2014 | 2.30% | 0.56% | 1.06x | 3.85x | NT$-699.21 Million |
| 2015 | -17.51% | -3.88% | 0.98x | 4.61x | NT$-1.83 Billion |
| 2016 | 20.33% | 5.72% | 1.08x | 3.30x | NT$972.14 Million |
| 2017 | 21.85% | 6.39% | 1.30x | 2.63x | NT$1.41 Billion |
| 2018 | 20.55% | 6.29% | 1.44x | 2.26x | NT$1.56 Billion |
| 2019 | 0.07% | 0.03% | 1.33x | 2.09x | NT$-1.45 Billion |
| 2020 | 3.47% | 1.44% | 1.36x | 1.78x | NT$-995.07 Million |
| 2021 | 28.15% | 11.82% | 1.43x | 1.66x | NT$4.09 Billion |
| 2022 | -5.80% | -2.22% | 1.21x | 2.15x | NT$-2.70 Billion |
| 2023 | 0.98% | 0.42% | 1.14x | 2.03x | NT$-1.47 Billion |
| 2024 | -6.29% | -2.93% | 1.00x | 2.15x | NT$-2.31 Billion |
Industry Comparison
This section compares Chung Hung Steel Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $96,434,107,667
- Average return on equity (ROE) among peers: 4.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chung Hung Steel Corp (2014) | NT$12.55 Billion | 18.76% | 1.23x | $796.00 Million |
| Walsin Lihwa Corp (1605) | $87.28 Billion | 7.67% | 0.74x | $4.21 Billion |
| China Steel Corp (2002) | $342.80 Billion | 7.13% | 0.97x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $386.96 Billion | 16.04% | 0.78x | $46.78 Million |
| Tung Ho Steel Enterprise Corp (2006) | $23.55 Billion | 6.30% | 0.55x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $5.65 Billion | -13.67% | 1.41x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.97 Billion | 1.42% | 1.47x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $10.15 Billion | 4.10% | 0.66x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $4.17 Billion | 3.35% | 1.56x | $129.09 Million |
| China Steel Structure Co Ltd (2013) | $4.37 Billion | 3.96% | 2.42x | $269.37 Million |
About Chung Hung Steel Corp
Chung Hung Steel Corporation manufactures, process, and sells steel products in Taiwan. The company provides hot-rolled steel coils, cold-rolled steel coils, steel pipes, and hot-rolled pickled and oiled steel coils; hot and cold rolled galvanized coils; piping/plumbing, structural, line, and casing and tubing pipes; galvanized coils; and JIS, ASTM, and API steel pipes. Its products are used in s… Read more