Sheng Yu Steel Co Ltd
Sheng Yu Steel Co., Ltd. manufactures, processes, and sells sheets in Taiwan, rest of Asia, Europe, the United States, and internationally. The company provides galvanized products, including Al-Zn alloy-coated and galvanized steel coils; prepainted Al-Zn alloy-coated and galvanized steel coils and sheets; and cold rolled steel sheets and coils. It offers chrome-free anti-fingerprint zinc coated … Read more
Sheng Yu Steel Co Ltd (2029) - Net Assets
Latest net assets as of June 2025: NT$10.02 Billion TWD
Based on the latest financial reports, Sheng Yu Steel Co Ltd (2029) has net assets worth NT$10.02 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$11.66 Billion) and total liabilities (NT$1.65 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$10.02 Billion |
| % of Total Assets | 85.89% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | 15.42% |
| 10-Year Change | 33.21% |
| Growth Volatility | 6.23 |
Sheng Yu Steel Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Sheng Yu 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 Sheng Yu Steel Co Ltd (2000–2024)
The table below shows the annual net assets of Sheng Yu Steel Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.29 Billion | +2.68% |
| 2023-12-31 | NT$10.02 Billion | +2.43% |
| 2022-12-31 | NT$9.78 Billion | -1.97% |
| 2021-12-31 | NT$9.98 Billion | +11.95% |
| 2020-12-31 | NT$8.91 Billion | +2.32% |
| 2019-12-31 | NT$8.71 Billion | -0.11% |
| 2018-12-31 | NT$8.72 Billion | -4.54% |
| 2017-12-31 | NT$9.13 Billion | +0.20% |
| 2016-12-31 | NT$9.11 Billion | +18.05% |
| 2015-12-31 | NT$7.72 Billion | -5.43% |
| 2014-12-31 | NT$8.16 Billion | +0.16% |
| 2013-12-31 | NT$8.15 Billion | +4.86% |
| 2012-12-31 | NT$7.77 Billion | -2.71% |
| 2011-12-31 | NT$7.99 Billion | +5.07% |
| 2010-12-31 | NT$7.60 Billion | +0.34% |
| 2009-12-31 | NT$7.58 Billion | -5.16% |
| 2008-12-31 | NT$7.99 Billion | +0.64% |
| 2007-12-31 | NT$7.94 Billion | -2.20% |
| 2006-12-31 | NT$8.12 Billion | +8.77% |
| 2005-12-31 | NT$7.46 Billion | -5.66% |
| 2004-12-31 | NT$7.91 Billion | +13.17% |
| 2003-12-31 | NT$6.99 Billion | +8.49% |
| 2002-12-31 | NT$6.44 Billion | +10.31% |
| 2001-12-31 | NT$5.84 Billion | +0.26% |
| 2000-12-31 | NT$5.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sheng Yu 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 183.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.53 Billion | 34.54% |
| Other Components | NT$6.68 Billion | 65.46% |
| Total Equity | NT$10.21 Billion | 100.00% |
Sheng Yu Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Sheng Yu Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Insumos Agroquimicos SA
BA:INAG
|
$45.49 Million |
|
KABE Group AB (publ.)
ST:KABE-B
|
$45.51 Million |
|
MPC Münchmeyer Petersen Capital AG
F:MPCK
|
$45.54 Million |
|
Codes Combine Co. Ltd
KQ:047770
|
$45.54 Million |
|
Agile Group Holdings Limited
F:A8P
|
$45.46 Million |
|
Central Proteina Prima Tbk
JK:CPRO
|
$45.45 Million |
|
NIP Group Inc. American Depositary Shares
NASDAQ:NIPG
|
$45.44 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
$45.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sheng Yu Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,952,753,000 to 10,211,718,000, a change of 258,965,000 (2.6%).
- Net income of 581,233,000 contributed positively to equity growth.
- Dividend payments of 401,475,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$581.23 Million | +5.69% |
| Dividends Paid | NT$401.48 Million | -3.93% |
| Other Changes | NT$79.21 Million | +0.78% |
| Total Change | NT$- | 2.60% |
Book Value vs Market Value Analysis
This analysis compares Sheng Yu 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: 0.65x
- 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 decreased from 0.81x to 0.65x 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$25.22 | NT$20.55 | x |
| 2007-12-31 | NT$24.65 | NT$20.55 | x |
| 2008-12-31 | NT$24.77 | NT$20.55 | x |
| 2009-12-31 | NT$23.40 | NT$20.55 | x |
| 2010-12-31 | NT$23.51 | NT$20.55 | x |
| 2011-12-31 | NT$24.67 | NT$20.55 | x |
| 2012-12-31 | NT$24.02 | NT$20.55 | x |
| 2013-12-31 | NT$25.17 | NT$20.55 | x |
| 2014-12-31 | NT$25.29 | NT$20.55 | x |
| 2015-12-31 | NT$23.95 | NT$20.55 | x |
| 2016-12-31 | NT$28.20 | NT$20.55 | x |
| 2017-12-31 | NT$28.19 | NT$20.55 | x |
| 2018-12-31 | NT$26.96 | NT$20.55 | x |
| 2019-12-31 | NT$26.96 | NT$20.55 | x |
| 2020-12-31 | NT$27.55 | NT$20.55 | x |
| 2021-12-31 | NT$30.78 | NT$20.55 | x |
| 2022-12-31 | NT$30.22 | NT$20.55 | x |
| 2023-12-31 | NT$30.95 | NT$20.55 | x |
| 2024-12-31 | NT$31.79 | NT$20.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sheng Yu Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.13x
- Recent ROE (5.69%) is below the historical average (7.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.55% | 5.65% | 1.14x | 1.33x | NT$-84.21 Million |
| 2001 | 5.85% | 2.98% | 1.28x | 1.53x | NT$-239.56 Million |
| 2002 | 15.45% | 7.35% | 1.45x | 1.45x | NT$350.94 Million |
| 2003 | 18.90% | 9.45% | 1.50x | 1.33x | NT$621.94 Million |
| 2004 | 24.08% | 9.92% | 1.91x | 1.27x | NT$1.11 Billion |
| 2005 | 11.50% | 4.73% | 2.03x | 1.20x | NT$111.50 Million |
| 2006 | 16.27% | 6.92% | 1.83x | 1.28x | NT$507.71 Million |
| 2007 | 9.80% | 3.67% | 2.13x | 1.26x | NT$-16.06 Million |
| 2008 | 8.37% | 3.12% | 2.19x | 1.22x | NT$-130.02 Million |
| 2009 | 0.14% | 0.07% | 1.48x | 1.25x | NT$-741.64 Million |
| 2010 | 1.55% | 0.68% | 1.84x | 1.25x | NT$-638.09 Million |
| 2011 | 6.09% | 2.72% | 1.81x | 1.24x | NT$-310.57 Million |
| 2012 | 1.99% | 0.98% | 1.65x | 1.24x | NT$-618.41 Million |
| 2013 | 6.32% | 3.37% | 1.50x | 1.25x | NT$-297.76 Million |
| 2014 | 5.35% | 2.69% | 1.59x | 1.25x | NT$-378.21 Million |
| 2015 | -1.20% | -0.71% | 1.34x | 1.25x | NT$-861.09 Million |
| 2016 | 14.00% | 9.90% | 1.18x | 1.20x | NT$363.03 Million |
| 2017 | 8.20% | 5.40% | 1.31x | 1.16x | NT$-163.11 Million |
| 2018 | 1.24% | 0.95% | 1.17x | 1.11x | NT$-759.06 Million |
| 2019 | 0.40% | 0.35% | 1.03x | 1.11x | NT$-831.51 Million |
| 2020 | 2.79% | 2.64% | 0.93x | 1.14x | NT$-638.41 Million |
| 2021 | 12.76% | 8.81% | 1.22x | 1.19x | NT$273.75 Million |
| 2022 | 5.20% | 3.95% | 1.20x | 1.09x | NT$-466.75 Million |
| 2023 | 6.30% | 5.06% | 1.14x | 1.10x | NT$-367.93 Million |
| 2024 | 5.69% | 4.25% | 1.19x | 1.13x | NT$-439.94 Million |
Industry Comparison
This section compares Sheng Yu Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $14,507,134,500
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sheng Yu Steel Co Ltd (2029) | NT$10.02 Billion | 8.55% | 0.16x | $45.46 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 |
| Quintain Steel Co Ltd (2017) | $3.95 Billion | 0.00% | 0.88x | $71.75 Million |