Chia Ta World Co Ltd
Chia Ta World Co., Ltd. engages in the manufacture, processing, and distribution of steel products. The company's products include high carbon and galvanized steel wires, un-galvanized and galvanized steel wire strands, un-galvanized steel ropes, pre-stressed concrete (PC) steel wires and strands, hard drawn steel wires, and uncoated and zinc-coated PC steel bars, as well as oil-tempered wires. I… Read more
Chia Ta World Co Ltd (2033) - Net Assets
Latest net assets as of September 2025: NT$1.05 Billion TWD
Based on the latest financial reports, Chia Ta World Co Ltd (2033) has net assets worth NT$1.05 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$1.22 Billion) and total liabilities (NT$171.71 Million). 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$1.05 Billion |
| % of Total Assets | 85.92% |
| Annual Growth Rate | 1.08% |
| 5-Year Change | 0.15% |
| 10-Year Change | 14.6% |
| Growth Volatility | 4.05 |
Chia Ta World Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Chia Ta World 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 Chia Ta World Co Ltd (2002–2024)
The table below shows the annual net assets of Chia Ta World Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.04 Billion | +1.44% |
| 2023-12-31 | NT$1.03 Billion | +0.07% |
| 2022-12-31 | NT$1.03 Billion | -1.81% |
| 2021-12-31 | NT$1.05 Billion | +0.48% |
| 2020-12-31 | NT$1.04 Billion | +2.51% |
| 2019-12-31 | NT$1.02 Billion | +4.53% |
| 2018-12-31 | NT$972.38 Million | +1.41% |
| 2017-12-31 | NT$958.86 Million | +0.04% |
| 2016-12-31 | NT$958.50 Million | +5.26% |
| 2015-12-31 | NT$910.57 Million | -1.32% |
| 2014-12-31 | NT$922.78 Million | +0.53% |
| 2013-12-31 | NT$917.95 Million | -8.09% |
| 2012-12-31 | NT$998.77 Million | +1.42% |
| 2011-12-31 | NT$984.75 Million | -0.52% |
| 2010-12-31 | NT$989.92 Million | +9.24% |
| 2009-12-31 | NT$906.16 Million | -3.72% |
| 2008-12-31 | NT$941.17 Million | +7.84% |
| 2007-12-31 | NT$872.72 Million | +0.67% |
| 2006-12-31 | NT$866.93 Million | +3.95% |
| 2005-12-31 | NT$834.00 Million | -3.52% |
| 2004-12-31 | NT$864.45 Million | +7.90% |
| 2003-12-31 | NT$801.15 Million | -2.69% |
| 2002-12-31 | NT$823.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chia Ta World 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 decreased by 54.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$38.17 Million | 3.66% |
| Common Stock | NT$806.95 Million | 77.33% |
| Other Comprehensive Income | NT$180.32 Million | 17.28% |
| Other Components | NT$18.04 Million | 1.73% |
| Total Equity | NT$1.04 Billion | 100.00% |
Chia Ta World Co Ltd Competitors by Market Cap
The table below lists competitors of Chia Ta World Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DP8
F:DP8
|
$20.15 Million |
|
Beammwave AB B
ST:BEAMMW-B
|
$20.15 Million |
|
Blueone Card Inc
PINK:BCRD
|
$20.16 Million |
|
Best Agrolife Limited
NSE:BESTAGRO
|
$20.16 Million |
|
Carclo plc
PINK:CCEGF
|
$20.14 Million |
|
COWELL FASHION Co.Ltd
KQ:033290
|
$20.14 Million |
|
DIC Holdings Construction JSC
VN:DC4
|
$20.14 Million |
|
Novatech Industries SA
PA:MLNOV
|
$20.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chia Ta World Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,028,648,000 to 1,043,478,000, a change of 14,830,000 (1.4%).
- Net income of 15,722,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 24,873,000.
- Other factors increased equity by 23,981,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$15.72 Million | +1.51% |
| Other Comprehensive Income | NT$-24.87 Million | -2.38% |
| Other Changes | NT$23.98 Million | +2.3% |
| Total Change | NT$- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Chia Ta World 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: 1.26x
- 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 1.46x to 1.26x 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$11.23 | NT$16.35 | x |
| 2010-12-31 | NT$12.27 | NT$16.35 | x |
| 2011-12-31 | NT$12.20 | NT$16.35 | x |
| 2012-12-31 | NT$12.38 | NT$16.35 | x |
| 2013-12-31 | NT$11.38 | NT$16.35 | x |
| 2014-12-31 | NT$11.44 | NT$16.35 | x |
| 2015-12-31 | NT$11.28 | NT$16.35 | x |
| 2016-12-31 | NT$11.86 | NT$16.35 | x |
| 2017-12-31 | NT$11.87 | NT$16.35 | x |
| 2018-12-31 | NT$12.04 | NT$16.35 | x |
| 2019-12-31 | NT$12.58 | NT$16.35 | x |
| 2020-12-31 | NT$12.90 | NT$16.35 | x |
| 2021-12-31 | NT$12.97 | NT$16.35 | x |
| 2022-12-31 | NT$12.74 | NT$16.35 | x |
| 2023-12-31 | NT$12.75 | NT$16.35 | x |
| 2024-12-31 | NT$12.93 | NT$16.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chia Ta World Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.15x
- Recent ROE (1.51%) is below the historical average (2.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.66% | 7.24% | 0.69x | 1.74x | NT$-11.01 Million |
| 2003 | 2.57% | 1.94% | 0.74x | 1.80x | NT$-59.56 Million |
| 2004 | 6.92% | 4.34% | 0.79x | 2.02x | NT$-26.61 Million |
| 2005 | 1.46% | 0.95% | 0.85x | 1.81x | NT$-71.20 Million |
| 2006 | 3.69% | 2.74% | 0.82x | 1.65x | NT$-54.67 Million |
| 2007 | 1.06% | 0.73% | 0.93x | 1.55x | NT$-78.06 Million |
| 2008 | 12.15% | 7.81% | 0.94x | 1.65x | NT$20.27 Million |
| 2009 | -2.97% | -3.48% | 0.61x | 1.41x | NT$-117.56 Million |
| 2010 | 9.51% | 8.98% | 0.79x | 1.34x | NT$-4.85 Million |
| 2011 | 7.08% | 6.44% | 0.81x | 1.36x | NT$-28.76 Million |
| 2012 | 4.03% | 3.79% | 0.81x | 1.31x | NT$-59.63 Million |
| 2013 | -2.11% | -2.36% | 0.66x | 1.36x | NT$-111.16 Million |
| 2014 | -1.73% | -1.98% | 0.60x | 1.45x | NT$-108.26 Million |
| 2015 | -0.41% | -0.50% | 0.59x | 1.39x | NT$-94.82 Million |
| 2016 | 4.74% | 5.66% | 0.64x | 1.32x | NT$-50.42 Million |
| 2017 | 2.48% | 3.07% | 0.67x | 1.21x | NT$-72.10 Million |
| 2018 | 1.23% | 1.46% | 0.66x | 1.27x | NT$-85.30 Million |
| 2019 | 3.59% | 4.38% | 0.67x | 1.22x | NT$-65.19 Million |
| 2020 | 1.90% | 2.61% | 0.63x | 1.15x | NT$-84.38 Million |
| 2021 | 1.41% | 1.74% | 0.64x | 1.25x | NT$-89.96 Million |
| 2022 | -1.24% | -1.57% | 0.62x | 1.28x | NT$-115.49 Million |
| 2023 | -0.30% | -0.53% | 0.47x | 1.21x | NT$-105.98 Million |
| 2024 | 1.51% | 2.72% | 0.48x | 1.15x | NT$-88.63 Million |
Industry Comparison
This section compares Chia Ta World 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 |
|---|---|---|---|---|
| Chia Ta World Co Ltd (2033) | NT$1.05 Billion | 8.66% | 0.16x | $20.15 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 |