Froch Enterprise Co Ltd
Froch Enterprise Co., Ltd. manufactures, sells, and exports stainless steel tubes and pipes in Asia, Europe, the Middle East, the Americas, and internationally. The company offers stainless steel pipes, large diameter stainless steel pipes, mechanical tubes, equal leg angle bars, square and rectangular tubes, sanitary tubes, inside polished pipes, coated pipes, sheets, plates, and coils; stainles… Read more
Froch Enterprise Co Ltd (2030) - Net Assets
Latest net assets as of September 2025: NT$4.69 Billion TWD
Based on the latest financial reports, Froch Enterprise Co Ltd (2030) has net assets worth NT$4.69 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$11.42 Billion) and total liabilities (NT$6.73 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$4.69 Billion |
| % of Total Assets | 41.08% |
| Annual Growth Rate | 7.07% |
| 5-Year Change | 29.63% |
| 10-Year Change | 56.34% |
| Growth Volatility | 22.64 |
Froch Enterprise Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Froch 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 Froch Enterprise Co Ltd (2002–2024)
The table below shows the annual net assets of Froch Enterprise Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.07 Billion | +5.14% |
| 2023-12-31 | NT$4.82 Billion | -7.76% |
| 2022-12-31 | NT$5.23 Billion | +5.46% |
| 2021-12-31 | NT$4.95 Billion | +26.74% |
| 2020-12-31 | NT$3.91 Billion | -2.10% |
| 2019-12-31 | NT$3.99 Billion | -0.88% |
| 2018-12-31 | NT$4.03 Billion | +9.44% |
| 2017-12-31 | NT$3.68 Billion | +12.19% |
| 2016-12-31 | NT$3.28 Billion | +1.22% |
| 2015-12-31 | NT$3.24 Billion | -14.20% |
| 2014-12-31 | NT$3.78 Billion | +23.41% |
| 2013-12-31 | NT$3.06 Billion | +4.31% |
| 2012-12-31 | NT$2.93 Billion | -16.24% |
| 2011-12-31 | NT$3.50 Billion | -4.62% |
| 2010-12-31 | NT$3.67 Billion | +9.59% |
| 2009-12-31 | NT$3.35 Billion | +4.45% |
| 2008-12-31 | NT$3.21 Billion | -19.25% |
| 2007-12-31 | NT$3.97 Billion | +7.70% |
| 2006-12-31 | NT$3.69 Billion | +22.58% |
| 2005-12-31 | NT$3.01 Billion | +23.94% |
| 2004-12-31 | NT$2.43 Billion | +95.85% |
| 2003-12-31 | NT$1.24 Billion | +10.03% |
| 2002-12-31 | NT$1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Froch 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 grown by 864.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.25 Billion | 24.64% |
| Common Stock | NT$2.81 Billion | 55.36% |
| Other Comprehensive Income | NT$590.81 Million | 11.66% |
| Other Components | NT$423.13 Million | 8.35% |
| Total Equity | NT$5.07 Billion | 100.00% |
Froch Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Froch Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BayWa AG vNa
XETRA:BYW6
|
$94.29 Million |
|
Bunker Hill Mining Corp
OTCQB:BHLL
|
$94.30 Million |
|
Carbios SAS
PINK:COOSF
|
$94.31 Million |
|
Gorilla Gold Mines Ltd
AU:GG8
|
$94.34 Million |
|
ICTK Co., Ltd.
KQ:456010
|
$94.19 Million |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$94.17 Million |
|
King Polytechnic Engineering Co Ltd
TWO:6122
|
$94.16 Million |
|
First IC Corporation
PINK:FIEB
|
$94.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Froch Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,820,128,000 to 5,067,692,000, a change of 247,564,000 (5.1%).
- Net income of 235,827,000 contributed positively to equity growth.
- Dividend payments of 140,263,000 reduced retained earnings.
- Share repurchases of 40,337,000 reduced equity.
- Other comprehensive income increased equity by 224,639,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$235.83 Million | +4.65% |
| Dividends Paid | NT$140.26 Million | -2.77% |
| Share Repurchases | NT$40.34 Million | -0.8% |
| Other Comprehensive Income | NT$224.64 Million | +4.43% |
| Other Changes | NT$-32.30 Million | -0.64% |
| Total Change | NT$- | 5.14% |
Book Value vs Market Value Analysis
This analysis compares Froch 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: 0.86x
- 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 1.32x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.70 | NT$15.45 | x |
| 2010-12-31 | NT$12.82 | NT$15.45 | x |
| 2011-12-31 | NT$12.23 | NT$15.45 | x |
| 2012-12-31 | NT$10.59 | NT$15.45 | x |
| 2013-12-31 | NT$11.34 | NT$15.45 | x |
| 2014-12-31 | NT$13.86 | NT$15.45 | x |
| 2015-12-31 | NT$11.37 | NT$15.45 | x |
| 2016-12-31 | NT$11.86 | NT$15.45 | x |
| 2017-12-31 | NT$13.50 | NT$15.45 | x |
| 2018-12-31 | NT$14.58 | NT$15.45 | x |
| 2019-12-31 | NT$13.96 | NT$15.45 | x |
| 2020-12-31 | NT$13.82 | NT$15.45 | x |
| 2021-12-31 | NT$17.63 | NT$15.45 | x |
| 2022-12-31 | NT$18.59 | NT$15.45 | x |
| 2023-12-31 | NT$17.17 | NT$15.45 | x |
| 2024-12-31 | NT$18.01 | NT$15.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Froch Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.90%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.39x
- Recent ROE (4.65%) is below the historical average (7.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.76% | 2.47% | 0.98x | 2.39x | NT$-47.73 Million |
| 2003 | 10.80% | 3.83% | 1.02x | 2.76x | NT$9.94 Million |
| 2004 | 17.70% | 7.56% | 1.14x | 2.06x | NT$186.89 Million |
| 2006 | 24.22% | 8.93% | 1.21x | 2.24x | NT$524.50 Million |
| 2007 | 14.56% | 3.41% | 1.90x | 2.24x | NT$181.02 Million |
| 2009 | 4.74% | 2.17% | 0.75x | 2.91x | NT$-176.19 Million |
| 2010 | 10.84% | 2.94% | 1.23x | 2.99x | NT$31.04 Million |
| 2011 | -7.62% | -1.53% | 1.36x | 3.65x | NT$-617.17 Million |
| 2012 | -12.20% | -2.38% | 1.38x | 3.71x | NT$-651.38 Million |
| 2013 | 1.23% | 0.29% | 1.17x | 3.62x | NT$-268.39 Million |
| 2014 | 10.35% | 2.80% | 1.20x | 3.07x | NT$13.17 Million |
| 2015 | -8.85% | -2.45% | 1.08x | 3.34x | NT$-611.12 Million |
| 2016 | 9.12% | 2.73% | 1.04x | 3.20x | NT$-28.77 Million |
| 2017 | 14.62% | 4.26% | 1.21x | 2.85x | NT$169.99 Million |
| 2018 | 13.50% | 4.06% | 1.27x | 2.61x | NT$141.20 Million |
| 2019 | 6.72% | 2.24% | 1.13x | 2.66x | NT$-131.08 Million |
| 2020 | 2.77% | 1.03% | 0.91x | 2.98x | NT$-282.59 Million |
| 2021 | 24.31% | 7.90% | 1.06x | 2.91x | NT$709.07 Million |
| 2022 | 14.18% | 4.56% | 1.33x | 2.34x | NT$218.68 Million |
| 2023 | 1.06% | 0.40% | 1.08x | 2.46x | NT$-431.06 Million |
| 2024 | 4.65% | 1.90% | 1.03x | 2.39x | NT$-270.94 Million |
Industry Comparison
This section compares Froch Enterprise 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 |
|---|---|---|---|---|
| Froch Enterprise Co Ltd (2030) | NT$4.69 Billion | 5.76% | 1.43x | $94.28 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 |