Feng Hsin Steel Co Ltd
Feng Hsin Steel Co., Ltd. manufactures, processes, and trades various steel products in Taiwan. The company offers angle, channel, flat, round, square, and deformed bars, as well as rebars; billets; and bar in coils. It also exports its products to Asia and internationally. Feng Hsin Steel Co., Ltd. was incorporated in 1969 and is headquartered in Taichung, Taiwan.
Feng Hsin Steel Co Ltd (2015) - Net Assets
Latest net assets as of September 2025: NT$21.97 Billion TWD
Based on the latest financial reports, Feng Hsin Steel Co Ltd (2015) has net assets worth NT$21.97 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$24.78 Billion) and total liabilities (NT$2.81 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$21.97 Billion |
| % of Total Assets | 88.66% |
| Annual Growth Rate | 5.25% |
| 5-Year Change | 14.35% |
| 10-Year Change | 36.64% |
| Growth Volatility | 8.74 |
Feng Hsin Steel Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Feng Hsin Steel 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 Feng Hsin Steel Co Ltd (2000–2024)
The table below shows the annual net assets of Feng Hsin Steel Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.26 Billion | +1.51% |
| 2023-12-31 | NT$21.93 Billion | +0.66% |
| 2022-12-31 | NT$21.79 Billion | -1.42% |
| 2021-12-31 | NT$22.10 Billion | +13.52% |
| 2020-12-31 | NT$19.47 Billion | +6.46% |
| 2019-12-31 | NT$18.29 Billion | -1.88% |
| 2018-12-31 | NT$18.64 Billion | +5.86% |
| 2017-12-31 | NT$17.61 Billion | +6.17% |
| 2016-12-31 | NT$16.58 Billion | +1.79% |
| 2015-12-31 | NT$16.29 Billion | +3.28% |
| 2014-12-31 | NT$15.77 Billion | -0.60% |
| 2013-12-31 | NT$15.87 Billion | -0.57% |
| 2012-12-31 | NT$15.96 Billion | -3.09% |
| 2011-12-31 | NT$16.47 Billion | +4.34% |
| 2010-12-31 | NT$15.78 Billion | +9.55% |
| 2009-12-31 | NT$14.41 Billion | +12.20% |
| 2008-12-31 | NT$12.84 Billion | -7.64% |
| 2007-12-31 | NT$13.90 Billion | +7.06% |
| 2006-12-31 | NT$12.99 Billion | +15.07% |
| 2005-12-31 | NT$11.29 Billion | +7.43% |
| 2004-12-31 | NT$10.50 Billion | +37.12% |
| 2003-12-31 | NT$7.66 Billion | +10.18% |
| 2002-12-31 | NT$6.95 Billion | +10.48% |
| 2001-12-31 | NT$6.29 Billion | -3.44% |
| 2000-12-31 | NT$6.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Feng Hsin Steel 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 2780.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$10.57 Billion | 47.48% |
| Common Stock | NT$5.82 Billion | 26.13% |
| Other Components | NT$5.88 Billion | 26.39% |
| Total Equity | NT$22.26 Billion | 100.00% |
Feng Hsin Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Feng Hsin Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
doValue S.p.A
PINK:DOVXF
|
$707.62 Million |
|
KODIAK SCIENCES DL-0001
F:K27
|
$707.76 Million |
|
Centuria Capital Group
PINK:CNECF
|
$708.11 Million |
|
LIMBACH HLDGS DL-0001
F:J4B
|
$708.17 Million |
|
Sinosteel Engineering and Technology Co Ltd
SHE:000928
|
$707.52 Million |
|
Future plc
PINK:FRNWF
|
$707.50 Million |
|
Laurentian Bank of Canada
PINK:LRCDF
|
$706.84 Million |
|
CIE Automotive India Limited
NSE:CIEINDIA
|
$706.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Feng Hsin Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,929,217,000 to 22,261,178,000, a change of 331,961,000 (1.5%).
- Net income of 2,475,019,000 contributed positively to equity growth.
- Dividend payments of 2,035,598,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,528,947,999.
- Other factors increased equity by 5,421,487,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.48 Billion | +11.12% |
| Dividends Paid | NT$2.04 Billion | -9.14% |
| Other Comprehensive Income | NT$-5.53 Billion | -24.84% |
| Other Changes | NT$5.42 Billion | +24.35% |
| Total Change | NT$- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares Feng Hsin Steel 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: 1.85x
- 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 3.17x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$22.24 | NT$70.50 | x |
| 2007-12-31 | NT$23.81 | NT$70.50 | x |
| 2009-12-31 | NT$24.77 | NT$70.50 | x |
| 2010-12-31 | NT$27.14 | NT$70.50 | x |
| 2011-12-31 | NT$28.32 | NT$70.50 | x |
| 2012-12-31 | NT$27.44 | NT$70.50 | x |
| 2013-12-31 | NT$27.29 | NT$70.50 | x |
| 2014-12-31 | NT$27.12 | NT$70.50 | x |
| 2015-12-31 | NT$28.01 | NT$70.50 | x |
| 2016-12-31 | NT$28.51 | NT$70.50 | x |
| 2017-12-31 | NT$30.27 | NT$70.50 | x |
| 2018-12-31 | NT$32.05 | NT$70.50 | x |
| 2019-12-31 | NT$31.44 | NT$70.50 | x |
| 2020-12-31 | NT$33.47 | NT$70.50 | x |
| 2021-12-31 | NT$37.74 | NT$70.50 | x |
| 2022-12-31 | NT$37.16 | NT$70.50 | x |
| 2023-12-31 | NT$37.49 | NT$70.50 | x |
| 2024-12-31 | NT$38.04 | NT$70.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Feng Hsin Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.20%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.20x
- Recent ROE (11.12%) is below the historical average (14.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 5.10% | 3.38% | 0.92x | 1.64x | NT$-319.28 Million |
| 2001 | 2.86% | 1.74% | 1.04x | 1.57x | NT$-449.36 Million |
| 2002 | 13.14% | 6.86% | 1.23x | 1.56x | NT$218.32 Million |
| 2003 | 16.22% | 7.38% | 1.44x | 1.53x | NT$476.76 Million |
| 2004 | 35.34% | 14.90% | 1.58x | 1.50x | NT$2.66 Billion |
| 2005 | 19.51% | 9.34% | 1.43x | 1.46x | NT$1.07 Billion |
| 2006 | 23.34% | 11.96% | 1.31x | 1.49x | NT$1.73 Billion |
| 2007 | 18.66% | 8.24% | 1.42x | 1.59x | NT$1.20 Billion |
| 2008 | 15.42% | 5.24% | 1.73x | 1.70x | NT$695.74 Million |
| 2009 | 10.60% | 6.83% | 1.01x | 1.54x | NT$86.29 Million |
| 2010 | 14.97% | 6.95% | 1.52x | 1.42x | NT$784.62 Million |
| 2011 | 16.21% | 6.92% | 1.56x | 1.50x | NT$1.02 Billion |
| 2012 | 10.15% | 4.74% | 1.71x | 1.25x | NT$23.41 Million |
| 2013 | 9.11% | 4.84% | 1.53x | 1.23x | NT$-140.61 Million |
| 2014 | 10.57% | 5.53% | 1.56x | 1.22x | NT$90.70 Million |
| 2015 | 12.30% | 8.57% | 1.23x | 1.17x | NT$374.50 Million |
| 2016 | 10.95% | 8.67% | 1.07x | 1.18x | NT$157.43 Million |
| 2017 | 15.48% | 11.01% | 1.20x | 1.17x | NT$964.33 Million |
| 2018 | 15.79% | 9.53% | 1.35x | 1.22x | NT$1.08 Billion |
| 2019 | 10.73% | 7.08% | 1.29x | 1.17x | NT$133.65 Million |
| 2020 | 13.45% | 9.60% | 1.19x | 1.18x | NT$672.61 Million |
| 2021 | 18.26% | 10.52% | 1.43x | 1.22x | NT$1.82 Billion |
| 2022 | 14.11% | 7.96% | 1.50x | 1.18x | NT$894.85 Million |
| 2023 | 10.83% | 6.81% | 1.29x | 1.23x | NT$182.57 Million |
| 2024 | 11.12% | 7.20% | 1.29x | 1.20x | NT$248.90 Million |
Industry Comparison
This section compares Feng Hsin Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $18,652,814,111
- Average return on equity (ROE) among peers: 3.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Feng Hsin Steel Co Ltd (2015) | NT$21.97 Billion | 5.10% | 0.13x | $707.61 Million |
| 1480 (1480) | $3.16 Billion | -9.87% | 0.98x | $31.21 Million |
| Walsin Lihwa Corp (1605) | $107.95 Billion | 13.56% | 0.70x | $3.08 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $18.64 Billion | 9.26% | 0.76x | $1.05 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $5.65 Billion | -13.67% | 1.41x | $31.76 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.54 Billion | 1.38% | 1.22x | $28.57 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $9.90 Billion | 3.68% | 1.20x | $353.85 Million |
| Chun Yu Works & Co Ltd (2012) | $5.08 Billion | 4.99% | 1.40x | $40.08 Million |
| Chung Hung Steel Corp (2014) | $9.41 Billion | 20.33% | 2.30x | $465.24 Million |
| Quintain Steel Co Ltd (2017) | $4.55 Billion | 0.26% | 0.61x | $74.97 Million |