Wei Chih Steel Industrial Co Ltd (2028) - Net Assets
Based on the latest financial reports, Wei Chih Steel Industrial Co Ltd (2028) has net assets worth NT$4.73 Billion TWD (≈ $149.09 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.33 Billion ≈ $262.33 Million USD) and total liabilities (NT$3.59 Billion ≈ $113.24 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 2028 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.73 Billion |
| % of Total Assets | 56.83% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | 1.2% |
| 10-Year Change | 327.19% |
| Growth Volatility | 26.29 |
Wei Chih Steel Industrial Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Wei Chih Steel Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Wei Chih Steel Industrial Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wei Chih Steel Industrial Co Ltd (2002–2025)
The table below shows the annual net assets of Wei Chih Steel Industrial Co Ltd from 2002 to 2025. For live valuation and market cap data, see how much is Wei Chih Steel Industrial Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.73 Billion ≈ $149.09 Million |
+1.40% |
| 2024-12-31 | NT$4.67 Billion ≈ $147.04 Million |
+4.65% |
| 2023-12-31 | NT$4.46 Billion ≈ $140.50 Million |
+2.50% |
| 2022-12-31 | NT$4.35 Billion ≈ $137.07 Million |
-6.96% |
| 2021-12-31 | NT$4.68 Billion ≈ $147.32 Million |
+55.52% |
| 2020-12-31 | NT$3.01 Billion ≈ $94.73 Million |
+23.61% |
| 2019-12-31 | NT$2.43 Billion ≈ $76.64 Million |
+8.43% |
| 2018-12-31 | NT$2.24 Billion ≈ $70.68 Million |
+15.75% |
| 2017-12-31 | NT$1.94 Billion ≈ $61.06 Million |
+74.95% |
| 2016-12-31 | NT$1.11 Billion ≈ $34.90 Million |
+35.44% |
| 2015-12-31 | NT$817.92 Million ≈ $25.77 Million |
-49.54% |
| 2014-12-31 | NT$1.62 Billion ≈ $51.07 Million |
-13.37% |
| 2013-12-31 | NT$1.87 Billion ≈ $58.95 Million |
-16.09% |
| 2012-12-31 | NT$2.23 Billion ≈ $70.25 Million |
-4.18% |
| 2011-12-31 | NT$2.33 Billion ≈ $73.32 Million |
+5.19% |
| 2010-12-31 | NT$2.21 Billion ≈ $69.70 Million |
+12.20% |
| 2009-12-31 | NT$1.97 Billion ≈ $62.12 Million |
+20.26% |
| 2008-12-31 | NT$1.64 Billion ≈ $51.65 Million |
-27.66% |
| 2007-12-31 | NT$2.27 Billion ≈ $71.40 Million |
+16.21% |
| 2006-12-31 | NT$1.95 Billion ≈ $61.44 Million |
+24.42% |
| 2005-12-31 | NT$1.57 Billion ≈ $49.38 Million |
-15.57% |
| 2004-12-31 | NT$1.86 Billion ≈ $58.49 Million |
-23.70% |
| 2003-12-31 | NT$2.43 Billion ≈ $76.66 Million |
+8.24% |
| 2002-12-31 | NT$2.25 Billion ≈ $70.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wei Chih Steel Industrial 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 90302600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$903.03 Million | 19.10% |
| Common Stock | NT$3.26 Billion | 68.89% |
| Other Comprehensive Income | NT$608.74 Million | 12.87% |
| Total Equity | NT$4.73 Billion | 100.00% |
Wei Chih Steel Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Wei Chih Steel Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rafael Microelectronics
TWO:6568
|
$169.49 Million |
|
Chia Chang Co Ltd
TW:4942
|
$169.55 Million |
|
Phoenix Asia Holdings Limited Ordinary Shares
NASDAQ:PHOE
|
$169.56 Million |
|
Sanurhasta Mitra PT
JK:MINA
|
$169.58 Million |
|
Aurora Cannabis Inc
TO:ACB
|
$169.42 Million |
|
Allgeier SE
XETRA:AEIN
|
$169.39 Million |
|
Finance of America Companies Inc
NYSE:FOA
|
$169.33 Million |
|
Boab Metals Ltd
AU:BML
|
$169.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wei Chih Steel Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,667,055,000 to 4,728,203,000, a change of 61,148,000 (1.3%).
- Net income of 89,447,000 contributed positively to equity growth.
- Dividend payments of 97,207,000 reduced retained earnings.
- Other comprehensive income decreased equity by 23,934,000.
- Other factors increased equity by 92,842,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$89.45 Million | +1.89% |
| Dividends Paid | NT$97.21 Million | -2.06% |
| Other Comprehensive Income | NT$-23.93 Million | -0.51% |
| Other Changes | NT$92.84 Million | +1.96% |
| Total Change | NT$- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Wei Chih Steel Industrial 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: 1.14x
- 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 1.39x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$11.91 | NT$16.60 | x |
| 2005-12-31 | NT$10.05 | NT$16.60 | x |
| 2006-12-31 | NT$12.50 | NT$16.60 | x |
| 2007-12-31 | NT$14.53 | NT$16.60 | x |
| 2008-12-31 | NT$10.51 | NT$16.60 | x |
| 2009-12-31 | NT$12.65 | NT$16.60 | x |
| 2010-12-31 | NT$13.91 | NT$16.60 | x |
| 2011-12-31 | NT$14.39 | NT$16.60 | x |
| 2012-12-31 | NT$14.02 | NT$16.60 | x |
| 2013-12-31 | NT$11.77 | NT$16.60 | x |
| 2014-12-31 | NT$9.08 | NT$16.60 | x |
| 2015-12-31 | NT$2.51 | NT$16.60 | x |
| 2016-12-31 | NT$3.40 | NT$16.60 | x |
| 2017-12-31 | NT$5.95 | NT$16.60 | x |
| 2018-12-31 | NT$6.89 | NT$16.60 | x |
| 2019-12-31 | NT$7.47 | NT$16.60 | x |
| 2020-12-31 | NT$9.23 | NT$16.60 | x |
| 2021-12-31 | NT$14.34 | NT$16.60 | x |
| 2022-12-31 | NT$13.34 | NT$16.60 | x |
| 2023-12-31 | NT$13.74 | NT$16.60 | x |
| 2024-12-31 | NT$14.39 | NT$16.60 | x |
| 2025-12-31 | NT$14.58 | NT$16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wei Chih Steel Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.05%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.76x
- Recent ROE (1.89%) is above the historical average (-2.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.66% | 3.06% | 0.70x | 3.57x | NT$-56.81 Million |
| 2004 | -30.91% | -7.32% | 0.92x | 4.61x | NT$-759.44 Million |
| 2005 | -17.60% | -3.42% | 1.03x | 5.01x | NT$-432.57 Million |
| 2006 | 17.44% | 3.70% | 1.27x | 3.72x | NT$145.04 Million |
| 2007 | 14.08% | 2.92% | 1.34x | 3.59x | NT$92.54 Million |
| 2008 | -36.39% | -3.97% | 2.16x | 4.24x | NT$-760.31 Million |
| 2009 | 14.48% | 5.02% | 0.88x | 3.28x | NT$88.41 Million |
| 2010 | 11.11% | 3.41% | 1.06x | 3.08x | NT$24.62 Million |
| 2011 | 1.67% | 0.35% | 1.58x | 3.01x | NT$-190.69 Million |
| 2012 | -1.82% | -0.40% | 1.48x | 3.04x | NT$-263.50 Million |
| 2013 | -18.94% | -3.40% | 1.46x | 3.81x | NT$-541.57 Million |
| 2014 | -37.82% | -6.13% | 1.51x | 4.08x | NT$-775.15 Million |
| 2015 | -137.59% | -21.37% | 1.01x | 6.37x | NT$-1.21 Billion |
| 2016 | 1.08% | 0.18% | 1.06x | 5.65x | NT$-98.82 Million |
| 2017 | 32.80% | 6.53% | 1.49x | 3.38x | NT$441.95 Million |
| 2018 | 22.92% | 4.63% | 1.64x | 3.01x | NT$289.89 Million |
| 2019 | 8.02% | 2.02% | 1.59x | 2.50x | NT$-48.05 Million |
| 2020 | 20.04% | 6.93% | 1.32x | 2.18x | NT$301.88 Million |
| 2021 | 35.57% | 12.25% | 1.58x | 1.84x | NT$1.20 Billion |
| 2022 | 17.25% | 5.72% | 1.58x | 1.91x | NT$315.33 Million |
| 2023 | 9.31% | 3.96% | 1.21x | 1.94x | NT$-30.73 Million |
| 2024 | 6.78% | 3.10% | 1.03x | 2.12x | NT$-150.50 Million |
| 2025 | 1.89% | 1.05% | 1.02x | 1.76x | NT$-383.37 Million |
Industry Comparison
This section compares Wei Chih Steel Industrial Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $83,387,615,900
- Average return on equity (ROE) among peers: 5.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wei Chih Steel Industrial Co Ltd (2028) | NT$4.73 Billion | 7.66% | 0.76x | $169.46 Million |
| Walsin Lihwa Corp (1605) | $57.22 Billion | 2.51% | 0.87x | $5.40 Billion |
| China Steel Corp (2002) | $386.96 Billion | 16.04% | 0.78x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $331.95 Billion | 5.09% | 1.01x | $46.18 Million |
| Tung Ho Steel Enterprise Corp (2006) | $24.30 Billion | 6.44% | 0.96x | $1.60 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.84 Billion | 7.10% | 3.24x | $124.55 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.97 Billion | 1.42% | 1.47x | $183.39 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $11.00 Billion | 4.67% | 0.66x | $506.04 Million |
| Chun Yu Works & Co Ltd (2012) | $4.04 Billion | 4.95% | 1.44x | $126.02 Million |
| China Steel Structure Co Ltd (2013) | $2.53 Billion | 4.58% | 2.14x | $272.21 Million |
| Chung Hung Steel Corp (2014) | $9.08 Billion | 2.30% | 2.85x | $798.27 Million |
About Wei Chih Steel Industrial Co Ltd
Wei Chih Steel Industrial Co., Ltd. processes, manufactures, and sells steel products in Taiwan, Australia, and internationally. The company offers steel bars, straight bar steel, bar steel coils, special alloy steel, steel plates, steel billets and rods, rebars, bar steel disc units, and other steel products. It also operates the business of entrusting construction companies to build residential… Read more