Quintain Steel Co Ltd
Quintain Steel Co., LTD. manufactures and sells of steel wires and processed products in Taiwan and internationally. The company offers hot rolled wire rod products; deformed bar in coil products; spheroidized annealed wire and hard drawn wire products; hot dip galvanized wire products; and ball thread/v-thread threaded rods, and black wires. It also provides drywall, tapping, and self drilling s… Read more
Quintain Steel Co Ltd (2017) - Net Assets
Latest net assets as of June 2025: NT$6.90 Billion TWD
Based on the latest financial reports, Quintain Steel Co Ltd (2017) has net assets worth NT$6.90 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$13.27 Billion) and total liabilities (NT$6.37 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$6.90 Billion |
| % of Total Assets | 51.98% |
| Annual Growth Rate | 2.41% |
| 5-Year Change | 32.79% |
| 10-Year Change | 42.85% |
| Growth Volatility | 6.17 |
Quintain Steel Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Quintain 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 Quintain Steel Co Ltd (2000–2024)
The table below shows the annual net assets of Quintain Steel Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.00 Billion | +5.66% |
| 2023-12-31 | NT$6.63 Billion | +15.09% |
| 2022-12-31 | NT$5.76 Billion | -6.48% |
| 2021-12-31 | NT$6.16 Billion | +16.77% |
| 2020-12-31 | NT$5.27 Billion | +4.81% |
| 2019-12-31 | NT$5.03 Billion | -5.59% |
| 2018-12-31 | NT$5.33 Billion | -1.01% |
| 2017-12-31 | NT$5.38 Billion | +4.62% |
| 2016-12-31 | NT$5.14 Billion | +4.97% |
| 2015-12-31 | NT$4.90 Billion | -2.03% |
| 2014-12-31 | NT$5.00 Billion | -0.94% |
| 2013-12-31 | NT$5.05 Billion | -2.20% |
| 2012-12-31 | NT$5.16 Billion | +0.93% |
| 2011-12-31 | NT$5.12 Billion | +4.57% |
| 2010-12-31 | NT$4.89 Billion | +7.62% |
| 2009-12-31 | NT$4.55 Billion | +2.89% |
| 2008-12-31 | NT$4.42 Billion | -10.92% |
| 2007-12-31 | NT$4.96 Billion | +2.35% |
| 2006-12-31 | NT$4.85 Billion | +6.50% |
| 2005-12-31 | NT$4.55 Billion | -1.99% |
| 2004-12-31 | NT$4.64 Billion | +4.30% |
| 2003-12-31 | NT$4.45 Billion | +8.24% |
| 2002-12-31 | NT$4.11 Billion | +5.66% |
| 2001-12-31 | NT$3.89 Billion | -1.52% |
| 2000-12-31 | NT$3.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quintain 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 2435000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$24.35 Million | 0.47% |
| Other Components | NT$5.15 Billion | 99.53% |
| Total Equity | NT$5.17 Billion | 100.00% |
Quintain Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Quintain Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immsi S.p.A
F:IMY
|
$71.78 Million |
|
AIS Corporation Limited
PINK:ARSRF
|
$71.80 Million |
|
Atlantic Lithium Ltd
AU:A11
|
$71.83 Million |
|
SHIMAO SERV.HLDGS HD-01
F:5GO
|
$71.83 Million |
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$71.74 Million |
|
Keyfield International Berhad
KLSE:5321
|
$71.73 Million |
|
Lubelski Wegiel Bogdanka S.A.
WAR:LWB
|
$71.73 Million |
|
Wah Hong Industrial
TWO:8240
|
$71.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quintain Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,325,313,000 to 5,172,230,000, a change of -153,083,000 (-2.9%).
- Net income of 119,485,000 contributed positively to equity growth.
- Share repurchases of 16,650,000 reduced equity.
- Other comprehensive income decreased equity by 722,031,000.
- Other factors increased equity by 466,113,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$119.48 Million | +2.31% |
| Share Repurchases | NT$16.65 Million | -0.32% |
| Other Comprehensive Income | NT$-722.03 Million | -13.96% |
| Other Changes | NT$466.11 Million | +9.01% |
| Total Change | NT$- | -2.87% |
Book Value vs Market Value Analysis
This analysis compares Quintain 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: 0.79x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.04 | NT$9.57 | x |
| 2010-12-31 | NT$12.71 | NT$9.57 | x |
| 2011-12-31 | NT$12.88 | NT$9.57 | x |
| 2012-12-31 | NT$11.62 | NT$9.57 | x |
| 2013-12-31 | NT$10.40 | NT$9.57 | x |
| 2014-12-31 | NT$9.91 | NT$9.57 | x |
| 2015-12-31 | NT$9.50 | NT$9.57 | x |
| 2016-12-31 | NT$9.96 | NT$9.57 | x |
| 2017-12-31 | NT$10.49 | NT$9.57 | x |
| 2018-12-31 | NT$10.52 | NT$9.57 | x |
| 2019-12-31 | NT$9.82 | NT$9.57 | x |
| 2020-12-31 | NT$10.48 | NT$9.57 | x |
| 2021-12-31 | NT$13.12 | NT$9.57 | x |
| 2022-12-31 | NT$11.96 | NT$9.57 | x |
| 2023-12-31 | NT$14.07 | NT$9.57 | x |
| 2024-12-31 | NT$12.10 | NT$9.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quintain Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.64%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.56x
- Recent ROE (2.31%) is above the historical average (2.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.05% | 7.61% | 0.69x | 1.72x | NT$-38.98 Million |
| 2003 | 7.54% | 6.85% | 0.65x | 1.69x | NT$-109.64 Million |
| 2004 | 4.83% | 3.38% | 0.79x | 1.81x | NT$-240.18 Million |
| 2009 | 0.32% | 0.25% | 0.65x | 2.01x | NT$-352.11 Million |
| 2010 | 7.73% | 5.45% | 0.81x | 1.74x | NT$-97.04 Million |
| 2011 | 3.18% | 2.04% | 0.89x | 1.75x | NT$-299.93 Million |
| 2012 | -9.32% | -6.33% | 0.79x | 1.87x | NT$-819.26 Million |
| 2013 | -2.98% | -2.06% | 0.74x | 1.96x | NT$-528.15 Million |
| 2014 | -4.36% | -2.84% | 0.68x | 2.24x | NT$-552.87 Million |
| 2015 | -5.15% | -3.92% | 0.62x | 2.11x | NT$-553.85 Million |
| 2016 | 4.76% | 4.15% | 0.55x | 2.09x | NT$-200.82 Million |
| 2017 | 7.94% | 7.32% | 0.54x | 1.99x | NT$-83.57 Million |
| 2018 | 4.23% | 3.42% | 0.57x | 2.16x | NT$-233.45 Million |
| 2019 | -4.11% | -3.90% | 0.47x | 2.23x | NT$-529.18 Million |
| 2020 | 1.65% | 1.89% | 0.37x | 2.35x | NT$-333.77 Million |
| 2021 | 13.19% | 16.05% | 0.36x | 2.30x | NT$156.77 Million |
| 2022 | 5.35% | 6.74% | 0.33x | 2.37x | NT$-208.29 Million |
| 2023 | -4.86% | -8.55% | 0.27x | 2.08x | NT$-791.29 Million |
| 2024 | 2.31% | 3.64% | 0.25x | 2.56x | NT$-397.74 Million |
Industry Comparison
This section compares Quintain Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $15,679,941,778
- Average return on equity (ROE) among peers: 0.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quintain Steel Co Ltd (2017) | NT$6.90 Billion | 9.05% | 0.92x | $71.75 Million |
| 1480 (1480) | $3.18 Billion | 0.46% | 1.04x | $28.61 Million |
| Walsin Lihwa Corp (1605) | $62.20 Billion | -4.32% | 0.82x | $2.92 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $27.71 Billion | 12.86% | 0.60x | $1.04 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.58 Billion | 0.00% | 3.75x | $31.36 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.62 Billion | 0.00% | 3.66x | $28.78 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $10.15 Billion | 4.10% | 0.66x | $342.51 Million |
| Chun Yu Works & Co Ltd (2012) | $2.58 Billion | 3.92% | 1.85x | $36.48 Million |
| Chung Hung Steel Corp (2014) | $12.53 Billion | -19.54% | 2.05x | $458.80 Million |
| Feng Hsin Steel Co Ltd (2015) | $16.58 Billion | 10.95% | 0.18x | $690.55 Million |