Chung Hung Steel Corp (2014) - Net Assets
Based on the latest financial reports, Chung Hung Steel Corp (2014) has net assets worth NT$11.97 Billion TWD (≈ $377.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$25.95 Billion ≈ $817.41 Million USD) and total liabilities (NT$13.97 Billion ≈ $440.25 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 2014 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$11.97 Billion |
| % of Total Assets | 46.14% |
| Annual Growth Rate | 0.63% |
| 5-Year Change | -46.32% |
| 10-Year Change | 28.71% |
| Growth Volatility | 31.48 |
Chung Hung Steel Corp - Net Assets Trend (2002–2025)
This chart illustrates how Chung Hung Steel Corp's net assets have evolved over time, based on quarterly financial data. See Chung Hung Steel Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chung Hung Steel Corp (2002–2025)
The table below shows the annual net assets of Chung Hung Steel Corp from 2002 to 2025. For live valuation and market cap data, see 2014 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$12.11 Billion ≈ $381.57 Million |
-14.62% |
| 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 |
-- |
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 decreased by 195049900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$14.36 Billion | 118.53% |
| Other Comprehensive Income | NT$-294.49 Million | -2.43% |
| Other Components | NT$903.00K | 0.01% |
| Total Equity | NT$12.11 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 |
|---|---|
|
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF
|
$800.62 Million |
|
Montrose Environmental Grp
NYSE:MEG
|
$800.80 Million |
|
DoubleU Games Co Ltd
KO:192080
|
$800.94 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$801.90 Million |
|
Rainbow Department Store Co Ltd
SHE:002419
|
$800.46 Million |
|
Gujarat Ambuja Exports Limited
NSE:GAEL
|
$800.30 Million |
|
Advanced Ceramic X
TWO:3152
|
$800.03 Million |
|
China Building Material
SHG:603060
|
$799.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chung Hung Steel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,185,367,000 to 12,111,353,000, a change of -2,074,014,000 (-14.6%).
- Net loss of 1,847,819,000 reduced equity.
- Other comprehensive income increased equity by 31,534,001.
- Other factors decreased equity by 257,729,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.85 Billion | -15.26% |
| Other Comprehensive Income | NT$31.53 Million | +0.26% |
| Other Changes | NT$-257.73 Million | -2.13% |
| Total Change | NT$- | -14.62% |
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: 2.09x
- 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 1.45x to 2.09x 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$17.70 | x |
| 2007-12-31 | NT$14.78 | NT$17.70 | x |
| 2008-12-31 | NT$7.39 | NT$17.70 | x |
| 2009-12-31 | NT$10.53 | NT$17.70 | x |
| 2010-12-31 | NT$11.02 | NT$17.70 | x |
| 2011-12-31 | NT$8.73 | NT$17.70 | x |
| 2012-12-31 | NT$6.20 | NT$17.70 | x |
| 2013-12-31 | NT$6.22 | NT$17.70 | x |
| 2014-12-31 | NT$6.32 | NT$17.70 | x |
| 2015-12-31 | NT$4.62 | NT$17.70 | x |
| 2016-12-31 | NT$6.55 | NT$17.70 | x |
| 2017-12-31 | NT$8.31 | NT$17.70 | x |
| 2018-12-31 | NT$10.27 | NT$17.70 | x |
| 2019-12-31 | NT$10.15 | NT$17.70 | x |
| 2020-12-31 | NT$10.60 | NT$17.70 | x |
| 2021-12-31 | NT$15.63 | NT$17.70 | x |
| 2022-12-31 | NT$11.89 | NT$17.70 | x |
| 2023-12-31 | NT$11.32 | NT$17.70 | x |
| 2024-12-31 | NT$9.88 | NT$17.70 | x |
| 2025-12-31 | NT$8.46 | NT$17.70 | 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): -15.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.71%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.22x
- Recent ROE (-15.26%) is below the historical average (2.67%), 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 |
| 2025 | -15.26% | -9.71% | 0.71x | 2.22x | NT$-3.06 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: $79,516,717,556
- Average return on equity (ROE) among peers: 3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chung Hung Steel Corp (2014) | NT$11.97 Billion | 18.76% | 1.17x | $800.53 Million |
| Walsin Lihwa Corp (1605) | $62.09 Billion | -5.36% | 0.75x | $5.28 Billion |
| China Steel Corp (2002) | $255.93 Billion | 20.03% | 0.43x | $9.22 Billion |
| China Steel Corp Pref (2002A) | $342.25 Billion | 0.49% | 0.98x | $46.12 Million |
| Tung Ho Steel Enterprise Corp (2006) | $27.71 Billion | 12.86% | 0.60x | $1.60 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $7.42 Billion | -6.33% | 0.74x | $123.38 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.77 Billion | -1.18% | 1.40x | $185.80 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $10.90 Billion | 2.29% | 0.63x | $496.85 Million |
| Chun Yu Works & Co Ltd (2012) | $4.04 Billion | 4.95% | 1.44x | $131.72 Million |
| China Steel Structure Co Ltd (2013) | $2.53 Billion | 4.58% | 2.14x | $271.26 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