Hsin Kuang Steel Co Ltd (2031) - Net Assets
Based on the latest financial reports, Hsin Kuang Steel Co Ltd (2031) has net assets worth NT$12.36 Billion TWD (≈ $389.34 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$29.18 Billion ≈ $919.47 Million USD) and total liabilities (NT$16.83 Billion ≈ $530.13 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 Hsin Kuang Steel Co Ltd (2031) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.36 Billion |
| % of Total Assets | 42.34% |
| Annual Growth Rate | 7.87% |
| 5-Year Change | 52.43% |
| 10-Year Change | 196.81% |
| Growth Volatility | 18.14 |
Hsin Kuang Steel Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Hsin Kuang Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hsin Kuang Steel Co Ltd (2031) total assets for the complete picture of this company's asset base.
Annual Net Assets for Hsin Kuang Steel Co Ltd (2003–2024)
The table below shows the annual net assets of Hsin Kuang Steel Co Ltd from 2003 to 2024. For live valuation and market cap data, see 2031 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.35 Billion ≈ $389.05 Million |
+2.37% |
| 2023-12-31 | NT$12.06 Billion ≈ $380.06 Million |
+19.73% |
| 2022-12-31 | NT$10.08 Billion ≈ $317.43 Million |
-13.20% |
| 2021-12-31 | NT$11.61 Billion ≈ $365.71 Million |
+43.28% |
| 2020-12-31 | NT$8.10 Billion ≈ $255.24 Million |
+18.95% |
| 2019-12-31 | NT$6.81 Billion ≈ $214.58 Million |
-5.87% |
| 2018-12-31 | NT$7.24 Billion ≈ $227.95 Million |
+11.68% |
| 2017-12-31 | NT$6.48 Billion ≈ $204.10 Million |
+16.25% |
| 2016-12-31 | NT$5.57 Billion ≈ $175.58 Million |
+33.95% |
| 2015-12-31 | NT$4.16 Billion ≈ $131.08 Million |
-24.02% |
| 2014-12-31 | NT$5.48 Billion ≈ $172.52 Million |
-0.47% |
| 2013-12-31 | NT$5.50 Billion ≈ $173.33 Million |
+4.65% |
| 2012-12-31 | NT$5.26 Billion ≈ $165.63 Million |
-9.52% |
| 2011-12-31 | NT$5.81 Billion ≈ $183.06 Million |
-7.85% |
| 2010-12-31 | NT$6.31 Billion ≈ $198.66 Million |
+12.16% |
| 2009-12-31 | NT$5.62 Billion ≈ $177.12 Million |
+7.44% |
| 2008-12-31 | NT$5.23 Billion ≈ $164.86 Million |
+7.42% |
| 2007-12-31 | NT$4.87 Billion ≈ $153.48 Million |
+22.72% |
| 2006-12-31 | NT$3.97 Billion ≈ $125.06 Million |
+13.32% |
| 2005-12-31 | NT$3.50 Billion ≈ $110.37 Million |
-7.65% |
| 2004-12-31 | NT$3.79 Billion ≈ $119.51 Million |
+50.90% |
| 2003-12-31 | NT$2.51 Billion ≈ $79.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hsin Kuang 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 592.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.16 Billion | 44.27% |
| Common Stock | NT$3.21 Billion | 27.57% |
| Other Comprehensive Income | NT$2.37 Billion | 20.38% |
| Other Components | NT$906.80 Million | 7.78% |
| Total Equity | NT$11.65 Billion | 100.00% |
Hsin Kuang Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Hsin Kuang Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altshuler Shaham Financial LTD
TA:ALTF
|
$401.29 Million |
|
Invesco Advantage MIT II
NYSE MKT:VKI
|
$401.43 Million |
|
CIMB Thai Bank Public Company Limited
BK:CIMBT
|
$401.59 Million |
|
HOMAG Group AG
F:HG1
|
$401.61 Million |
|
Myriad Genetics Inc
NASDAQ:MYGN
|
$401.15 Million |
|
Tera Light Ltd
TA:TRLT
|
$401.14 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
$401.08 Million |
|
Basler Aktiengesellschaft
XETRA:BSL
|
$400.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hsin Kuang Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,338,565,000 to 11,649,571,000, a change of 311,006,000 (2.7%).
- Net income of 1,444,214,000 contributed positively to equity growth.
- Dividend payments of 963,439,000 reduced retained earnings.
- Other comprehensive income decreased equity by 104,440,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.44 Billion | +12.4% |
| Dividends Paid | NT$963.44 Million | -8.27% |
| Other Comprehensive Income | NT$-104.44 Million | -0.9% |
| Other Changes | NT$-65.33 Million | -0.56% |
| Total Change | NT$- | 2.74% |
Book Value vs Market Value Analysis
This analysis compares Hsin Kuang 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: 1.10x
- 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 1.98x to 1.10x 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$20.03 | NT$39.65 | x |
| 2010-12-31 | NT$22.56 | NT$39.65 | x |
| 2011-12-31 | NT$20.59 | NT$39.65 | x |
| 2012-12-31 | NT$18.75 | NT$39.65 | x |
| 2013-12-31 | NT$17.96 | NT$39.65 | x |
| 2014-12-31 | NT$17.77 | NT$39.65 | x |
| 2015-12-31 | NT$14.86 | NT$39.65 | x |
| 2016-12-31 | NT$19.26 | NT$39.65 | x |
| 2017-12-31 | NT$19.36 | NT$39.65 | x |
| 2018-12-31 | NT$20.77 | NT$39.65 | x |
| 2019-12-31 | NT$20.22 | NT$39.65 | x |
| 2020-12-31 | NT$23.83 | NT$39.65 | x |
| 2021-12-31 | NT$34.31 | NT$39.65 | x |
| 2022-12-31 | NT$29.12 | NT$39.65 | x |
| 2023-12-31 | NT$35.20 | NT$39.65 | x |
| 2024-12-31 | NT$36.16 | NT$39.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hsin Kuang 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): 12.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.90%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.54x
- Recent ROE (12.40%) is above the historical average (9.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 21.19% | 10.21% | 1.08x | 1.92x | NT$281.22 Million |
| 2004 | 33.91% | 14.44% | 1.10x | 2.13x | NT$906.96 Million |
| 2005 | 0.16% | 0.08% | 0.82x | 2.49x | NT$-343.52 Million |
| 2006 | 14.22% | 7.46% | 0.93x | 2.06x | NT$166.86 Million |
| 2007 | 16.43% | 8.97% | 0.79x | 2.32x | NT$312.35 Million |
| 2008 | 8.79% | 4.77% | 0.83x | 2.21x | NT$-62.78 Million |
| 2009 | -4.45% | -4.41% | 0.49x | 2.06x | NT$-805.06 Million |
| 2010 | 11.80% | 8.23% | 0.70x | 2.06x | NT$112.79 Million |
| 2011 | 3.42% | 2.53% | 0.66x | 2.06x | NT$-378.57 Million |
| 2012 | -4.15% | -2.77% | 0.63x | 2.38x | NT$-735.49 Million |
| 2013 | 6.08% | 3.84% | 0.70x | 2.27x | NT$-213.22 Million |
| 2014 | 4.26% | 2.67% | 0.66x | 2.41x | NT$-311.47 Million |
| 2015 | -9.73% | -6.23% | 0.60x | 2.59x | NT$-814.91 Million |
| 2016 | 13.49% | 11.66% | 0.54x | 2.15x | NT$193.30 Million |
| 2017 | 17.00% | 12.77% | 0.60x | 2.20x | NT$439.13 Million |
| 2018 | 14.59% | 11.08% | 0.51x | 2.58x | NT$307.68 Million |
| 2019 | 1.92% | 1.42% | 0.53x | 2.56x | NT$-507.73 Million |
| 2020 | 10.81% | 8.42% | 0.50x | 2.59x | NT$61.97 Million |
| 2021 | 24.98% | 19.29% | 0.54x | 2.38x | NT$1.63 Billion |
| 2022 | 4.20% | 2.29% | 0.70x | 2.61x | NT$-542.71 Million |
| 2023 | 14.59% | 10.29% | 0.57x | 2.50x | NT$520.99 Million |
| 2024 | 12.40% | 9.90% | 0.49x | 2.54x | NT$279.26 Million |
Industry Comparison
This section compares Hsin Kuang Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $75,709,157,300
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hsin Kuang Steel Co Ltd (2031) | NT$12.36 Billion | 21.19% | 1.36x | $401.17 Million |
| Walsin Lihwa Corp (1605) | $107.95 Billion | 13.56% | 0.70x | $4.71 Billion |
| China Steel Corp (2002) | $263.79 Billion | 7.43% | 0.78x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $323.11 Billion | 0.27% | 0.97x | $46.72 Million |
| Tung Ho Steel Enterprise Corp (2006) | $23.08 Billion | 5.50% | 0.56x | $1.55 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $4.03 Billion | 4.77% | 2.54x | $123.21 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.51 Billion | 5.34% | 0.63x | $169.26 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $11.85 Billion | 10.30% | 0.95x | $477.47 Million |
| Chun Yu Works & Co Ltd (2012) | $2.84 Billion | 11.52% | 1.48x | $132.60 Million |
| China Steel Structure Co Ltd (2013) | $3.22 Billion | 6.93% | 1.74x | $269.69 Million |
| Chung Hung Steel Corp (2014) | $13.74 Billion | 37.00% | 1.09x | $807.31 Million |
About Hsin Kuang Steel Co Ltd
Hsin Kuang Steel Company Limited engages in the cutting, stamping, and sale of various steel products in Taiwan. It operates through Steel, Construction, and Leases segments. The company's products portfolio includes steel coils and plates, round steel bars, stainless and alloy steel, special steel, and SuperDyma. It also involved in the investment in various businesses comprising manufacturing, … Read more