YC Inox Co Ltd
YC Inox Co.,Ltd manufactures, processes and trades stainless-steel products in Asia, Europe, the United States, and internationally. The company operates through Stainless Steel Pipes, Stainless Steel Sheets (Coils) and Others. The company offers stainless steel pipes, stainless steel sheets and coils. It provides stainless plates, flat bars, angels, u-channels, checker plates, and welded pipes a… Read more
YC Inox Co Ltd (2034) - Net Assets
Latest net assets as of September 2025: NT$9.48 Billion TWD
Based on the latest financial reports, YC Inox Co Ltd (2034) has net assets worth NT$9.48 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$22.09 Billion) and total liabilities (NT$12.61 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$9.48 Billion |
| % of Total Assets | 42.91% |
| Annual Growth Rate | 9.7% |
| 5-Year Change | 15.65% |
| 10-Year Change | 49.1% |
| Growth Volatility | 22.97 |
YC Inox Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how YC Inox 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 YC Inox Co Ltd (2002–2024)
The table below shows the annual net assets of YC Inox Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.51 Billion | +17.45% |
| 2023-12-31 | NT$8.95 Billion | -14.08% |
| 2022-12-31 | NT$10.42 Billion | +10.79% |
| 2021-12-31 | NT$9.40 Billion | +3.44% |
| 2020-12-31 | NT$9.09 Billion | +22.03% |
| 2019-12-31 | NT$7.45 Billion | -5.47% |
| 2018-12-31 | NT$7.88 Billion | +4.24% |
| 2017-12-31 | NT$7.56 Billion | +1.07% |
| 2016-12-31 | NT$7.48 Billion | +6.08% |
| 2015-12-31 | NT$7.05 Billion | -3.15% |
| 2014-12-31 | NT$7.28 Billion | +6.64% |
| 2013-12-31 | NT$6.83 Billion | +5.19% |
| 2012-12-31 | NT$6.49 Billion | -1.72% |
| 2011-12-31 | NT$6.60 Billion | -0.10% |
| 2010-12-31 | NT$6.61 Billion | +6.65% |
| 2009-12-31 | NT$6.20 Billion | +3.01% |
| 2008-12-31 | NT$6.02 Billion | -7.97% |
| 2007-12-31 | NT$6.54 Billion | +28.02% |
| 2006-12-31 | NT$5.11 Billion | +88.60% |
| 2005-12-31 | NT$2.71 Billion | +6.85% |
| 2004-12-31 | NT$2.53 Billion | +65.94% |
| 2003-12-31 | NT$1.53 Billion | +11.48% |
| 2002-12-31 | NT$1.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to YC Inox 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 68.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$31.63 Million | 0.30% |
| Common Stock | NT$5.20 Billion | 49.49% |
| Other Comprehensive Income | NT$3.83 Billion | 36.45% |
| Other Components | NT$1.45 Billion | 13.76% |
| Total Equity | NT$10.51 Billion | 100.00% |
YC Inox Co Ltd Competitors by Market Cap
The table below lists competitors of YC Inox Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hankook Shell Oil
KO:002960
|
$219.64 Million |
|
KraussMaffei Co Ltd
SHG:600579
|
$219.74 Million |
|
Xingye Leather Technology Co Ltd
SHE:002674
|
$219.78 Million |
|
Frequentis AG
VI:FQT
|
$219.80 Million |
|
OKUMF
OTCGREY:OKUMF
|
$219.61 Million |
|
Invivyd Inc.
NASDAQ:IVVD
|
$219.50 Million |
|
CHEMTRONICS.CO.Ltd
KQ:089010
|
$219.47 Million |
|
Hangzhou Minsheng Healthcare Co Ltd
SHE:301507
|
$219.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YC Inox Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,950,169,000 to 10,511,562,000, a change of 1,561,393,000 (17.4%).
- Net loss of 103,494,000 reduced equity.
- Dividend payments of 470,226,000 reduced retained earnings.
- New share issuances of 950,000,000 increased equity.
- Other comprehensive income increased equity by 3,140,620,000.
- Other factors decreased equity by 1,955,507,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-103.49 Million | -0.98% |
| Dividends Paid | NT$470.23 Million | -4.47% |
| Share Issuances | NT$950.00 Million | +9.04% |
| Other Comprehensive Income | NT$3.14 Billion | +29.88% |
| Other Changes | NT$-1.96 Billion | -18.6% |
| Total Change | NT$- | 17.45% |
Book Value vs Market Value Analysis
This analysis compares YC Inox 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: 0.93x
- 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 1.24x to 0.93x 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$16.35 | NT$20.35 | x |
| 2007-12-31 | NT$17.54 | NT$20.35 | x |
| 2008-12-31 | NT$14.69 | NT$20.35 | x |
| 2009-12-31 | NT$14.96 | NT$20.35 | x |
| 2010-12-31 | NT$15.90 | NT$20.35 | x |
| 2011-12-31 | NT$15.98 | NT$20.35 | x |
| 2012-12-31 | NT$15.71 | NT$20.35 | x |
| 2013-12-31 | NT$16.51 | NT$20.35 | x |
| 2014-12-31 | NT$17.58 | NT$20.35 | x |
| 2015-12-31 | NT$17.04 | NT$20.35 | x |
| 2016-12-31 | NT$18.07 | NT$20.35 | x |
| 2017-12-31 | NT$18.26 | NT$20.35 | x |
| 2018-12-31 | NT$19.01 | NT$20.35 | x |
| 2019-12-31 | NT$17.99 | NT$20.35 | x |
| 2020-12-31 | NT$20.32 | NT$20.35 | x |
| 2021-12-31 | NT$19.77 | NT$20.35 | x |
| 2022-12-31 | NT$21.70 | NT$20.35 | x |
| 2023-12-31 | NT$19.70 | NT$20.35 | x |
| 2024-12-31 | NT$21.99 | NT$20.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YC Inox Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.71%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.14x
- Recent ROE (-0.98%) is below the historical average (9.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.19% | 3.23% | 1.09x | 2.04x | NT$-38.54 Million |
| 2003 | 10.71% | 3.73% | 1.49x | 1.93x | NT$10.90 Million |
| 2004 | 24.00% | 7.76% | 1.88x | 1.64x | NT$354.61 Million |
| 2005 | 8.59% | 2.64% | 1.87x | 1.74x | NT$-38.08 Million |
| 2006 | 28.47% | 8.57% | 1.88x | 1.76x | NT$943.09 Million |
| 2007 | 12.41% | 3.27% | 2.38x | 1.59x | NT$157.59 Million |
| 2008 | 0.59% | 0.15% | 2.95x | 1.38x | NT$-565.82 Million |
| 2009 | 3.71% | 1.70% | 1.37x | 1.59x | NT$-389.62 Million |
| 2010 | 8.64% | 2.61% | 1.88x | 1.76x | NT$-90.16 Million |
| 2011 | 7.09% | 1.71% | 2.27x | 1.83x | NT$-192.37 Million |
| 2012 | 4.95% | 1.32% | 2.24x | 1.67x | NT$-327.75 Million |
| 2013 | 9.56% | 2.74% | 2.03x | 1.72x | NT$-29.71 Million |
| 2014 | 13.50% | 3.87% | 2.24x | 1.56x | NT$254.88 Million |
| 2015 | 7.53% | 2.89% | 1.81x | 1.44x | NT$-173.84 Million |
| 2016 | 10.61% | 4.50% | 1.53x | 1.54x | NT$45.66 Million |
| 2017 | 10.80% | 4.24% | 1.60x | 1.59x | NT$60.31 Million |
| 2018 | 11.55% | 4.76% | 1.64x | 1.48x | NT$121.90 Million |
| 2019 | 8.37% | 3.82% | 1.34x | 1.63x | NT$-121.10 Million |
| 2020 | 4.66% | 3.33% | 0.96x | 1.45x | NT$-485.37 Million |
| 2021 | 13.40% | 7.09% | 0.93x | 2.03x | NT$319.84 Million |
| 2022 | 4.98% | 3.08% | 0.86x | 1.89x | NT$-523.34 Million |
| 2023 | -1.90% | -1.11% | 0.83x | 2.05x | NT$-1.06 Billion |
| 2024 | -0.98% | -0.71% | 0.65x | 2.14x | NT$-1.15 Billion |
Industry Comparison
This section compares YC Inox 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 |
|---|---|---|---|---|
| YC Inox Co Ltd (2034) | NT$9.48 Billion | 7.19% | 1.33x | $219.63 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 |