Tycoons Group Enterprise Co Ltd
Tycoons Group Enterprise Co.,Ltd., together with its subsidiaries, produces, processes, sells, exports, and leases screws, screw nuts, washers, and steel threads in America, Thailand, rest of Asia, Europe, and internationally. The company offers spheroidized annealing wires; billets; steel wire rods; steel bars; large, construction, drywall, and self-tapping screws; shear connectors; mechanical p… Read more
Tycoons Group Enterprise Co Ltd (2022) - Net Assets
Latest net assets as of September 2025: NT$6.67 Billion TWD
Based on the latest financial reports, Tycoons Group Enterprise Co Ltd (2022) has net assets worth NT$6.67 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$9.77 Billion) and total liabilities (NT$3.09 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$6.67 Billion |
| % of Total Assets | 68.31% |
| Annual Growth Rate | 3.44% |
| 5-Year Change | 22.36% |
| 10-Year Change | 15.8% |
| Growth Volatility | 14.75 |
Tycoons Group Enterprise Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Tycoons Group Enterprise 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 Tycoons Group Enterprise Co Ltd (2002–2024)
The table below shows the annual net assets of Tycoons Group Enterprise Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.67 Billion | -3.40% |
| 2023-12-31 | NT$6.90 Billion | +6.44% |
| 2022-12-31 | NT$6.49 Billion | +2.68% |
| 2021-12-31 | NT$6.32 Billion | +15.90% |
| 2020-12-31 | NT$5.45 Billion | +0.03% |
| 2019-12-31 | NT$5.45 Billion | -12.83% |
| 2018-12-31 | NT$6.25 Billion | +10.91% |
| 2017-12-31 | NT$5.64 Billion | -0.37% |
| 2016-12-31 | NT$5.66 Billion | -1.78% |
| 2015-12-31 | NT$5.76 Billion | -15.64% |
| 2014-12-31 | NT$6.83 Billion | +5.82% |
| 2013-12-31 | NT$6.45 Billion | -6.51% |
| 2012-12-31 | NT$6.90 Billion | -7.76% |
| 2011-12-31 | NT$7.48 Billion | +5.04% |
| 2010-12-31 | NT$7.12 Billion | +24.53% |
| 2009-12-31 | NT$5.72 Billion | -23.55% |
| 2008-12-31 | NT$7.48 Billion | -9.82% |
| 2007-12-31 | NT$8.30 Billion | +24.33% |
| 2006-12-31 | NT$6.67 Billion | +5.92% |
| 2005-12-31 | NT$6.30 Billion | +25.42% |
| 2004-12-31 | NT$5.02 Billion | +14.34% |
| 2003-12-31 | NT$4.39 Billion | +38.62% |
| 2002-12-31 | NT$3.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tycoons Group Enterprise 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 decreased by 15890400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$3.37 Billion | 99.85% |
| Other Comprehensive Income | NT$58.88 Million | 1.74% |
| Other Components | NT$104.97 Million | 3.11% |
| Total Equity | NT$3.38 Billion | 100.00% |
Tycoons Group Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Tycoons Group Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dallasnews Corp
NASDAQ:DALN
|
$64.35 Million |
|
Life Settlement Assets PLC
LSE:LSAA
|
$64.37 Million |
|
Skardin Industrial
TWO:3466
|
$64.38 Million |
|
Waratah Minerals Ltd
AU:WTM
|
$64.39 Million |
|
Nilkamal Limited
NSE:NILKAMAL
|
$64.32 Million |
|
Excelliance MOS
TWO:5299
|
$64.29 Million |
|
TOREX SEMICONDUCTOR LTD
F:8KH
|
$64.28 Million |
|
Vindhya Telelinks Limited
NSE:VINDHYATEL
|
$64.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tycoons Group Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,616,119,000 to 3,376,630,000, a change of -239,489,000 (-6.6%).
- Net loss of 165,301,000 reduced equity.
- Dividend payments of 67,433,000 reduced retained earnings.
- Other comprehensive income increased equity by 24,796,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-165.30 Million | -4.9% |
| Dividends Paid | NT$67.43 Million | -2.0% |
| Other Comprehensive Income | NT$24.80 Million | +0.73% |
| Other Changes | NT$-31.55 Million | -0.93% |
| Total Change | NT$- | -6.62% |
Book Value vs Market Value Analysis
This analysis compares Tycoons Group Enterprise 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: 0.87x
- 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.
- The price-to-book ratio has increased from 0.54x to 0.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$16.61 | NT$8.96 | x |
| 2010-12-31 | NT$20.28 | NT$8.96 | x |
| 2011-12-31 | NT$15.78 | NT$8.96 | x |
| 2012-12-31 | NT$14.55 | NT$8.96 | x |
| 2013-12-31 | NT$12.95 | NT$8.96 | x |
| 2014-12-31 | NT$12.29 | NT$8.96 | x |
| 2015-12-31 | NT$11.12 | NT$8.96 | x |
| 2016-12-31 | NT$10.93 | NT$8.96 | x |
| 2017-12-31 | NT$10.53 | NT$8.96 | x |
| 2018-12-31 | NT$10.33 | NT$8.96 | x |
| 2019-12-31 | NT$9.07 | NT$8.96 | x |
| 2020-12-31 | NT$12.12 | NT$8.96 | x |
| 2021-12-31 | NT$7.31 | NT$8.96 | x |
| 2022-12-31 | NT$14.65 | NT$8.96 | x |
| 2023-12-31 | NT$10.72 | NT$8.96 | x |
| 2024-12-31 | NT$10.27 | NT$8.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tycoons Group Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.07%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.73x
- Recent ROE (-4.90%) is below the historical average (-2.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.10% | 12.46% | 0.33x | 1.70x | NT$-91.91 Million |
| 2003 | 12.27% | 36.06% | 0.24x | 1.42x | NT$99.87 Million |
| 2004 | 12.70% | 8.73% | 0.66x | 2.22x | NT$135.77 Million |
| 2007 | 1.07% | 0.70% | 0.51x | 2.97x | NT$-561.10 Million |
| 2009 | -34.49% | -22.44% | 0.53x | 2.90x | NT$-1.89 Billion |
| 2010 | 5.95% | 4.08% | 0.61x | 2.37x | NT$-225.90 Million |
| 2011 | 1.87% | 0.93% | 0.82x | 2.44x | NT$-442.63 Million |
| 2012 | -7.01% | -3.17% | 0.84x | 2.62x | NT$-853.26 Million |
| 2013 | -7.01% | -3.31% | 0.73x | 2.89x | NT$-814.68 Million |
| 2014 | 0.05% | 0.03% | 0.59x | 2.97x | NT$-509.34 Million |
| 2015 | -13.41% | -7.76% | 0.57x | 3.01x | NT$-1.01 Billion |
| 2016 | -2.10% | -1.29% | 0.53x | 3.08x | NT$-515.77 Million |
| 2017 | -2.16% | -1.15% | 0.53x | 3.56x | NT$-508.39 Million |
| 2018 | -1.05% | -0.45% | 0.72x | 3.26x | NT$-538.32 Million |
| 2019 | -20.68% | -7.76% | 1.30x | 2.05x | NT$-1.33 Billion |
| 2020 | -5.38% | -2.77% | 0.97x | 2.00x | NT$-628.43 Million |
| 2021 | 12.29% | 3.98% | 1.23x | 2.52x | NT$79.42 Million |
| 2022 | -1.85% | -0.67% | 1.13x | 2.46x | NT$-411.34 Million |
| 2023 | 2.24% | 0.96% | 0.94x | 2.46x | NT$-280.73 Million |
| 2024 | -4.90% | -2.07% | 0.87x | 2.73x | NT$-502.96 Million |
Industry Comparison
This section compares Tycoons Group Enterprise Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,014,571,222
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tycoons Group Enterprise Co Ltd (2022) | NT$6.67 Billion | 7.10% | 0.46x | $64.34 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |