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$4.68 Billion TWD (≈ $147.49 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.42 Billion ≈ $265.19 Million USD) and total liabilities (NT$3.74 Billion ≈ $117.70 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 asset resilience ratio of Wei Chih Steel Industrial Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.68 Billion |
| % of Total Assets | 55.62% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | 55.22% |
| 10-Year Change | 470.6% |
| Growth Volatility | 26.86 |
Wei Chih Steel Industrial Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Wei Chih Steel Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Wei Chih Steel Industrial Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Wei Chih Steel Industrial Co Ltd (2002–2024)
The table below shows the annual net assets of Wei Chih Steel Industrial Co Ltd from 2002 to 2024. For live valuation and market cap data, see how much is Wei Chih Steel Industrial Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 81794400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$817.94 Million | 17.53% |
| Common Stock | NT$3.26 Billion | 69.79% |
| Other Comprehensive Income | NT$632.67 Million | 13.56% |
| Total Equity | NT$4.67 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 |
|---|---|
|
FineTek Co Ltd
TWO:4549
|
$178.69 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$178.75 Million |
|
CHC Healthcare Group
TW:4164
|
$178.76 Million |
|
Dynamix Corporation
NASDAQ:ETHM
|
$178.78 Million |
|
TIDEWATER RENEWABLES LTD
F:7GZ
|
$178.57 Million |
|
Amrutanjan Health Care Limited
NSE:AMRUTANJAN
|
$178.52 Million |
|
Falcon Oil & Gas Ltd
F:FAC
|
$178.51 Million |
|
Sierra Metals Inc.
TO:SMT
|
$178.24 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 2023 to 2024, total equity changed from 4,459,482,000 to 4,667,055,000, a change of 207,573,000 (4.7%).
- Net income of 316,203,000 contributed positively to equity growth.
- Dividend payments of 259,432,000 reduced retained earnings.
- Share repurchases of 2,744,000 reduced equity.
- Other comprehensive income increased equity by 115,438,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$316.20 Million | +6.78% |
| Dividends Paid | NT$259.43 Million | -5.56% |
| Share Repurchases | NT$2.74 Million | -0.06% |
| Other Comprehensive Income | NT$115.44 Million | +2.47% |
| Other Changes | NT$38.11 Million | +0.82% |
| Total Change | NT$- | 4.65% |
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: 1.22x
- 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 1.47x to 1.22x 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$17.50 | x |
| 2005-12-31 | NT$10.05 | NT$17.50 | x |
| 2006-12-31 | NT$12.50 | NT$17.50 | x |
| 2007-12-31 | NT$14.53 | NT$17.50 | x |
| 2008-12-31 | NT$10.51 | NT$17.50 | x |
| 2009-12-31 | NT$12.65 | NT$17.50 | x |
| 2010-12-31 | NT$13.91 | NT$17.50 | x |
| 2011-12-31 | NT$14.39 | NT$17.50 | x |
| 2012-12-31 | NT$14.02 | NT$17.50 | x |
| 2013-12-31 | NT$11.77 | NT$17.50 | x |
| 2014-12-31 | NT$9.08 | NT$17.50 | x |
| 2015-12-31 | NT$2.51 | NT$17.50 | x |
| 2016-12-31 | NT$3.40 | NT$17.50 | x |
| 2017-12-31 | NT$5.95 | NT$17.50 | x |
| 2018-12-31 | NT$6.89 | NT$17.50 | x |
| 2019-12-31 | NT$7.47 | NT$17.50 | x |
| 2020-12-31 | NT$9.23 | NT$17.50 | x |
| 2021-12-31 | NT$14.34 | NT$17.50 | x |
| 2022-12-31 | NT$13.34 | NT$17.50 | x |
| 2023-12-31 | NT$13.74 | NT$17.50 | x |
| 2024-12-31 | NT$14.39 | NT$17.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wei Chih Steel Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.12x
- Recent ROE (6.78%) is above the historical average (-2.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.66% | 3.06% | 0.70x | 3.57x | NT$-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 |
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: $78,318,497,200
- Average return on equity (ROE) among peers: 5.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wei Chih Steel Industrial Co Ltd (2028) | NT$4.68 Billion | 7.66% | 0.80x | $178.65 Million |
| Walsin Lihwa Corp (1605) | $59.38 Billion | 13.22% | 0.34x | $4.21 Billion |
| China Steel Corp (2002) | $331.95 Billion | 5.09% | 1.01x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $342.25 Billion | 0.49% | 0.98x | $46.78 Million |
| Tung Ho Steel Enterprise Corp (2006) | $14.24 Billion | 17.57% | 0.78x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.22 Billion | -5.72% | 4.62x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.67 Billion | -10.06% | 0.43x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $9.90 Billion | 3.68% | 1.20x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $4.00 Billion | 6.23% | 1.65x | $129.09 Million |
| China Steel Structure Co Ltd (2013) | $2.65 Billion | 0.00% | 2.18x | $269.37 Million |
| Chung Hung Steel Corp (2014) | $11.93 Billion | 21.85% | 1.63x | $796.00 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