Sanyang Motor Co Ltd (2206) - Net Assets
Based on the latest financial reports, Sanyang Motor Co Ltd (2206) has net assets worth NT$40.38 Billion TWD (≈ $1.27 Billion 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$94.96 Billion ≈ $2.99 Billion USD) and total liabilities (NT$54.58 Billion ≈ $1.72 Billion 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 Sanyang Motor Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$40.38 Billion |
| % of Total Assets | 42.52% |
| Annual Growth Rate | 3.79% |
| 5-Year Change | 77.92% |
| 10-Year Change | 54.43% |
| Growth Volatility | 10.48 |
Sanyang Motor Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Sanyang Motor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sanyang Motor Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sanyang Motor Co Ltd (2000–2024)
The table below shows the annual net assets of Sanyang Motor Co Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of Sanyang Motor Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$28.59 Billion ≈ $900.59 Million |
+12.57% |
| 2023-12-31 | NT$25.39 Billion ≈ $800.05 Million |
+25.45% |
| 2022-12-31 | NT$20.24 Billion ≈ $637.75 Million |
+20.35% |
| 2021-12-31 | NT$16.82 Billion ≈ $529.91 Million |
+4.69% |
| 2020-12-31 | NT$16.07 Billion ≈ $506.19 Million |
+5.42% |
| 2019-12-31 | NT$15.24 Billion ≈ $480.17 Million |
+8.08% |
| 2018-12-31 | NT$14.10 Billion ≈ $444.26 Million |
-3.66% |
| 2017-12-31 | NT$14.64 Billion ≈ $461.13 Million |
-11.92% |
| 2016-12-31 | NT$16.62 Billion ≈ $523.52 Million |
-10.23% |
| 2015-12-31 | NT$18.51 Billion ≈ $583.17 Million |
+13.77% |
| 2014-12-31 | NT$16.27 Billion ≈ $512.58 Million |
+8.00% |
| 2013-12-31 | NT$15.06 Billion ≈ $474.62 Million |
-9.63% |
| 2012-12-31 | NT$16.67 Billion ≈ $525.17 Million |
-3.04% |
| 2011-12-31 | NT$17.19 Billion ≈ $541.62 Million |
+9.98% |
| 2010-12-31 | NT$15.63 Billion ≈ $492.49 Million |
-3.15% |
| 2009-12-31 | NT$16.14 Billion ≈ $508.50 Million |
-1.04% |
| 2008-12-31 | NT$16.31 Billion ≈ $513.85 Million |
-3.30% |
| 2007-12-31 | NT$16.87 Billion ≈ $531.38 Million |
+20.48% |
| 2006-12-31 | NT$14.00 Billion ≈ $441.07 Million |
+5.60% |
| 2005-12-31 | NT$13.26 Billion ≈ $417.66 Million |
+15.08% |
| 2004-12-31 | NT$11.52 Billion ≈ $362.93 Million |
+12.75% |
| 2003-12-31 | NT$10.22 Billion ≈ $321.88 Million |
+3.71% |
| 2002-12-31 | NT$9.85 Billion ≈ $310.37 Million |
-11.33% |
| 2001-12-31 | NT$11.11 Billion ≈ $350.03 Million |
-5.06% |
| 2000-12-31 | NT$11.70 Billion ≈ $368.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sanyang Motor 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 8426.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$16.55 Billion | 65.82% |
| Common Stock | NT$7.97 Billion | 31.72% |
| Other Comprehensive Income | NT$-985.53 Million | -3.92% |
| Other Components | NT$1.60 Billion | 6.38% |
| Total Equity | NT$25.14 Billion | 100.00% |
Sanyang Motor Co Ltd Competitors by Market Cap
The table below lists competitors of Sanyang Motor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perpetual Ltd
AU:PPT
|
$1.36 Billion |
|
Svitzer Group A/S
CO:SVITZR
|
$1.36 Billion |
|
Nan Pao Resins Chemical Co Ltd
TW:4766
|
$1.36 Billion |
|
Dalata Hotel Group Plc
IR:DHG
|
$1.36 Billion |
|
Zhejiang Fulai New Material Co.Ltd.
SHG:605488
|
$1.36 Billion |
|
Kingenta Ecological Engineering Group Co Ltd
SHE:002470
|
$1.36 Billion |
|
Huafon Microfibre Shanghai Co
SHE:300180
|
$1.36 Billion |
|
Parksystems Corp
KQ:140860
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanyang Motor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,395,211,000 to 25,139,404,000, a change of 2,744,193,000 (12.3%).
- Net income of 4,770,397,000 contributed positively to equity growth.
- Dividend payments of 2,376,472,000 reduced retained earnings.
- Other comprehensive income increased equity by 372,776,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$4.77 Billion | +18.98% |
| Dividends Paid | NT$2.38 Billion | -9.45% |
| Other Comprehensive Income | NT$372.78 Million | +1.48% |
| Other Changes | NT$-22.51 Million | -0.09% |
| Total Change | NT$- | 12.25% |
Book Value vs Market Value Analysis
This analysis compares Sanyang Motor 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: 1.75x
- 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 3.58x to 1.75x 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$15.52 | NT$55.50 | x |
| 2007-12-31 | NT$16.63 | NT$55.50 | x |
| 2008-12-31 | NT$16.61 | NT$55.50 | x |
| 2009-12-31 | NT$15.66 | NT$55.50 | x |
| 2010-12-31 | NT$16.14 | NT$55.50 | x |
| 2011-12-31 | NT$16.80 | NT$55.50 | x |
| 2012-12-31 | NT$16.57 | NT$55.50 | x |
| 2013-12-31 | NT$15.29 | NT$55.50 | x |
| 2014-12-31 | NT$16.24 | NT$55.50 | x |
| 2015-12-31 | NT$18.74 | NT$55.50 | x |
| 2016-12-31 | NT$16.91 | NT$55.50 | x |
| 2017-12-31 | NT$15.16 | NT$55.50 | x |
| 2018-12-31 | NT$15.57 | NT$55.50 | x |
| 2019-12-31 | NT$17.06 | NT$55.50 | x |
| 2020-12-31 | NT$18.38 | NT$55.50 | x |
| 2021-12-31 | NT$19.35 | NT$55.50 | x |
| 2022-12-31 | NT$22.46 | NT$55.50 | x |
| 2023-12-31 | NT$28.21 | NT$55.50 | x |
| 2024-12-31 | NT$31.68 | NT$55.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanyang Motor Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.27%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.72x
- Recent ROE (18.98%) is above the historical average (8.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.71% | 2.18% | 0.75x | 2.88x | NT$-559.69 Million |
| 2004 | 12.93% | 4.96% | 1.03x | 2.54x | NT$341.55 Million |
| 2005 | 11.49% | 4.21% | 1.10x | 2.49x | NT$194.52 Million |
| 2006 | 6.92% | 2.59% | 0.99x | 2.69x | NT$-403.75 Million |
| 2007 | 6.52% | 2.77% | 0.90x | 2.62x | NT$-504.03 Million |
| 2008 | 0.24% | 0.10% | 0.88x | 2.66x | NT$-1.37 Billion |
| 2009 | 1.06% | 0.48% | 0.84x | 2.64x | NT$-1.22 Billion |
| 2010 | 5.21% | 2.17% | 0.85x | 2.83x | NT$-637.28 Million |
| 2011 | 8.44% | 3.36% | 0.95x | 2.64x | NT$-228.46 Million |
| 2012 | 2.46% | 1.04% | 0.91x | 2.62x | NT$-1.09 Billion |
| 2013 | -3.69% | -1.45% | 0.86x | 2.94x | NT$-1.76 Billion |
| 2014 | -1.96% | -0.76% | 0.91x | 2.83x | NT$-1.70 Billion |
| 2015 | 18.54% | 9.41% | 0.77x | 2.57x | NT$1.42 Billion |
| 2016 | -2.17% | -0.91% | 0.88x | 2.72x | NT$-1.80 Billion |
| 2017 | 3.94% | 1.61% | 0.86x | 2.83x | NT$-784.59 Million |
| 2018 | 8.09% | 3.31% | 0.84x | 2.91x | NT$-244.95 Million |
| 2019 | 15.86% | 6.67% | 0.81x | 2.93x | NT$822.74 Million |
| 2020 | 13.12% | 4.75% | 0.93x | 2.98x | NT$461.25 Million |
| 2021 | 11.88% | 4.40% | 0.89x | 3.02x | NT$288.98 Million |
| 2022 | 17.47% | 6.13% | 0.89x | 3.20x | NT$1.33 Billion |
| 2023 | 28.12% | 9.77% | 1.03x | 2.80x | NT$4.06 Billion |
| 2024 | 18.98% | 7.27% | 0.96x | 2.72x | NT$2.26 Billion |
Industry Comparison
This section compares Sanyang Motor Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $25,385,582,750
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanyang Motor Co Ltd (2206) | NT$40.38 Billion | 4.71% | 1.35x | $1.36 Billion |
| Aeon Motor Co Ltd (1599) | $1.91 Billion | -0.24% | 0.48x | $57.07 Million |
| Yulon Motor Co Ltd (2201) | $41.19 Billion | 13.26% | 0.77x | $903.79 Million |
| China Motor Corp (2204) | $40.71 Billion | 13.26% | 0.78x | $943.62 Million |
| Yulon Nissan Motor Co Ltd (2227) | $17.73 Billion | 6.55% | 0.27x | $505.66 Million |
About Sanyang Motor Co Ltd
Sanyang Motor Co., Ltd. engages in the manufacture and sale of automobiles, motorcycles, and their components in Taiwan, China, Asia, Europe, and internationally. The company is also involved in the provision of distribution, repair, and maintenance of automobiles and its parts; product design; rental and leasing of passenger cars; waste disposal; manufacturing, research, development and sale of … Read more