Nantex Industry Co Ltd (2108) - Net Assets
Based on the latest financial reports, Nantex Industry Co Ltd (2108) has net assets worth NT$16.48 Billion TWD (≈ $519.22 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$18.36 Billion ≈ $578.36 Million USD) and total liabilities (NT$1.88 Billion ≈ $59.15 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 Nantex Industry Co Ltd (2108) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$16.48 Billion |
| % of Total Assets | 89.77% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | -1.63% |
| 10-Year Change | 141.49% |
| Growth Volatility | 11.82 |
Nantex Industry Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Nantex Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Nantex Industry Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nantex Industry Co Ltd (2002–2025)
The table below shows the annual net assets of Nantex Industry Co Ltd from 2002 to 2025. For live valuation and market cap data, see how much is Nantex Industry Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$16.48 Billion ≈ $519.22 Million |
+2.41% |
| 2024-12-31 | NT$16.09 Billion ≈ $506.99 Million |
+5.61% |
| 2023-12-31 | NT$15.24 Billion ≈ $480.07 Million |
-0.53% |
| 2022-12-31 | NT$15.32 Billion ≈ $482.63 Million |
-8.56% |
| 2021-12-31 | NT$16.75 Billion ≈ $527.80 Million |
+48.42% |
| 2020-12-31 | NT$11.29 Billion ≈ $355.62 Million |
+29.06% |
| 2019-12-31 | NT$8.75 Billion ≈ $275.54 Million |
+5.46% |
| 2018-12-31 | NT$8.29 Billion ≈ $261.27 Million |
+15.27% |
| 2017-12-31 | NT$7.19 Billion ≈ $226.65 Million |
+5.42% |
| 2016-12-31 | NT$6.82 Billion ≈ $215.01 Million |
-4.24% |
| 2015-12-31 | NT$7.13 Billion ≈ $224.54 Million |
+16.61% |
| 2014-12-31 | NT$6.11 Billion ≈ $192.55 Million |
+3.81% |
| 2013-12-31 | NT$5.89 Billion ≈ $185.48 Million |
+2.83% |
| 2012-12-31 | NT$5.73 Billion ≈ $180.39 Million |
-1.37% |
| 2011-12-31 | NT$5.81 Billion ≈ $182.90 Million |
+16.92% |
| 2010-12-31 | NT$4.97 Billion ≈ $156.43 Million |
+2.75% |
| 2009-12-31 | NT$4.83 Billion ≈ $152.24 Million |
+8.43% |
| 2008-12-31 | NT$4.46 Billion ≈ $140.40 Million |
+5.69% |
| 2007-12-31 | NT$4.22 Billion ≈ $132.84 Million |
+15.62% |
| 2006-12-31 | NT$3.65 Billion ≈ $114.90 Million |
+12.18% |
| 2005-12-31 | NT$3.25 Billion ≈ $102.42 Million |
+13.33% |
| 2004-12-31 | NT$2.87 Billion ≈ $90.37 Million |
+0.68% |
| 2003-12-31 | NT$2.85 Billion ≈ $89.76 Million |
-0.11% |
| 2002-12-31 | NT$2.85 Billion ≈ $89.86 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nantex Industry 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 1551.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.26 Billion | 43.37% |
| Common Stock | NT$4.92 Billion | 34.11% |
| Other Comprehensive Income | NT$3.25 Billion | 22.52% |
| Other Components | NT$1.00 | 0.00% |
| Total Equity | NT$14.44 Billion | 100.00% |
Nantex Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Nantex Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
$453.09 Million |
|
Spritzer Bhd
KLSE:7103
|
$453.22 Million |
|
EVS Broadcast Equipment SA
BR:EVS
|
$453.30 Million |
|
Shenzhen Emperor Technology Co Ltd
SHE:300546
|
$453.35 Million |
|
Savita Oil Technologies Limited
NSE:SOTL
|
$452.81 Million |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
$452.61 Million |
|
Asia Aviation Public Company Limited
BK:AAV
|
$452.59 Million |
|
QUADIENT SA ADR1/15/EO 1
F:NEQ0
|
$452.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nantex Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,773,435,000 to 14,436,649,000, a change of -336,786,000 (-2.3%).
- Net income of 410,485,000 contributed positively to equity growth.
- Dividend payments of 492,417,000 reduced retained earnings.
- Other comprehensive income decreased equity by 254,433,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$410.49 Million | +2.84% |
| Dividends Paid | NT$492.42 Million | -3.41% |
| Other Comprehensive Income | NT$-254.43 Million | -1.76% |
| Other Changes | NT$-421.00K | -0.0% |
| Total Change | NT$- | -2.28% |
Book Value vs Market Value Analysis
This analysis compares Nantex Industry 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: 1.00x
- 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 3.94x to 1.00x 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$7.41 | NT$29.20 | x |
| 2007-12-31 | NT$8.56 | NT$29.20 | x |
| 2008-12-31 | NT$9.02 | NT$29.20 | x |
| 2009-12-31 | NT$9.80 | NT$29.20 | x |
| 2010-12-31 | NT$10.07 | NT$29.20 | x |
| 2011-12-31 | NT$11.76 | NT$29.20 | x |
| 2012-12-31 | NT$11.31 | NT$29.20 | x |
| 2013-12-31 | NT$11.65 | NT$29.20 | x |
| 2014-12-31 | NT$12.05 | NT$29.20 | x |
| 2015-12-31 | NT$14.05 | NT$29.20 | x |
| 2016-12-31 | NT$13.39 | NT$29.20 | x |
| 2017-12-31 | NT$14.01 | NT$29.20 | x |
| 2018-12-31 | NT$16.11 | NT$29.20 | x |
| 2019-12-31 | NT$16.96 | NT$29.20 | x |
| 2020-12-31 | NT$22.00 | NT$29.20 | x |
| 2021-12-31 | NT$32.76 | NT$29.20 | x |
| 2022-12-31 | NT$29.21 | NT$29.20 | x |
| 2023-12-31 | NT$28.69 | NT$29.20 | x |
| 2024-12-31 | NT$26.27 | NT$29.20 | x |
| 2025-12-31 | NT$29.28 | NT$29.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nantex Industry 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): 2.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.30%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.27x
- Recent ROE (2.84%) is below the historical average (12.66%), 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 | 10.04% | 12.10% | 0.69x | 1.19x | NT$1.07 Million |
| 2003 | 5.04% | 5.68% | 0.68x | 1.31x | NT$-141.29 Million |
| 2004 | 5.11% | 4.44% | 0.85x | 1.35x | NT$-140.26 Million |
| 2006 | 10.09% | 8.42% | 0.90x | 1.33x | NT$3.30 Million |
| 2007 | 19.22% | 13.14% | 1.11x | 1.32x | NT$388.61 Million |
| 2008 | 12.94% | 8.60% | 1.22x | 1.24x | NT$130.87 Million |
| 2009 | 11.50% | 10.27% | 0.91x | 1.22x | NT$72.37 Million |
| 2010 | 10.90% | 6.76% | 1.33x | 1.21x | NT$44.62 Million |
| 2011 | 16.16% | 8.27% | 1.62x | 1.20x | NT$357.57 Million |
| 2012 | 6.38% | 3.53% | 1.40x | 1.29x | NT$-201.87 Million |
| 2013 | 5.66% | 3.81% | 1.08x | 1.37x | NT$-248.97 Million |
| 2014 | 3.89% | 2.81% | 1.05x | 1.32x | NT$-363.00 Million |
| 2015 | 16.71% | 11.99% | 1.12x | 1.24x | NT$465.30 Million |
| 2016 | 11.57% | 8.05% | 1.14x | 1.26x | NT$103.71 Million |
| 2017 | 11.77% | 6.99% | 1.32x | 1.28x | NT$122.32 Million |
| 2018 | 19.29% | 11.11% | 1.36x | 1.28x | NT$739.04 Million |
| 2019 | 17.03% | 11.51% | 1.16x | 1.27x | NT$589.05 Million |
| 2020 | 32.65% | 24.64% | 1.00x | 1.33x | NT$2.46 Billion |
| 2021 | 45.33% | 31.24% | 1.13x | 1.28x | NT$5.73 Billion |
| 2022 | 8.27% | 10.22% | 0.67x | 1.21x | NT$-249.72 Million |
| 2023 | 5.05% | 7.99% | 0.52x | 1.21x | NT$-700.26 Million |
| 2024 | 3.81% | 4.95% | 0.62x | 1.24x | NT$-914.88 Million |
| 2025 | 2.84% | 4.30% | 0.52x | 1.27x | NT$-1.03 Billion |
Industry Comparison
This section compares Nantex Industry Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $87,923,234,600
- Average return on equity (ROE) among peers: 4.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nantex Industry Co Ltd (2108) | NT$16.48 Billion | 10.04% | 0.11x | $453.00 Million |
| Formosa Plastics Corp (1301) | $347.36 Billion | 2.11% | 0.53x | $9.62 Billion |
| Nan Ya Plastics Corp (1303) | $394.10 Billion | 8.15% | 0.69x | $31.61 Billion |
| USI Corp (1304) | $39.18 Billion | 3.27% | 0.82x | $437.49 Million |
| China General Plastics Corp (1305) | $8.71 Billion | 7.38% | 0.42x | $234.32 Million |
| Asia Polymer Corp (1308) | $9.45 Billion | 6.54% | 0.10x | $256.27 Million |
| Taita Chemical Co Ltd (1309) | $3.29 Billion | 16.28% | 1.75x | $181.63 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 6.39% | 0.34x | $908.64 Million |
| Ocean Plastics Co Ltd (1321) | $5.11 Billion | -2.49% | 0.71x | $220.75 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $41.77 Million |
| Everlight Chemical Industrial Corp (1711) | $4.84 Billion | 2.28% | 0.45x | $767.08 Million |
About Nantex Industry Co Ltd
Nantex Industry Co., Ltd., together with its subsidiaries, manufactures, processes, and sells various types of latex, rubber, and related products in Taiwan, China, Thailand, Malaysia, and internationally. The company offers NANTEX synthetic rubber latex products used in making examination, medical, household, and industrial gloves; and Nancar NBR, an acrylonitrile-butadiene rubber used in o-ring… Read more