CSBC Corp Taiwan
CSBC Corporation operates as a shipbuilding company in Europe, Asia, Africa, and America. The company is involved in the building, manufacturing and repairing of various ships and onshore equipment, ship coating, anti-corrosion coating on large steel structure, surface treatment and professional coating. It also engages in the construction of merchant ships, naval vessels, official ships, and com… Read more
CSBC Corp Taiwan (2208) - Net Assets
Latest net assets as of September 2025: NT$6.70 Billion TWD
Based on the latest financial reports, CSBC Corp Taiwan (2208) has net assets worth NT$6.70 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$42.92 Billion) and total liabilities (NT$36.22 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$6.70 Billion |
| % of Total Assets | 15.62% |
| Annual Growth Rate | 0.96% |
| 5-Year Change | 81.1% |
| 10-Year Change | -34.58% |
| Growth Volatility | 44.49 |
CSBC Corp Taiwan - Net Assets Trend (2006–2024)
This chart illustrates how CSBC Corp Taiwan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CSBC Corp Taiwan (2006–2024)
The table below shows the annual net assets of CSBC Corp Taiwan from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.07 Billion | +35.94% |
| 2023-12-31 | NT$6.67 Billion | -32.01% |
| 2022-12-31 | NT$9.81 Billion | -26.01% |
| 2021-12-31 | NT$13.26 Billion | +164.84% |
| 2020-12-31 | NT$5.01 Billion | -22.44% |
| 2019-12-31 | NT$6.46 Billion | +7.88% |
| 2018-12-31 | NT$5.99 Billion | -6.17% |
| 2017-12-31 | NT$6.38 Billion | -47.84% |
| 2016-12-31 | NT$12.23 Billion | -11.79% |
| 2015-12-31 | NT$13.86 Billion | +0.77% |
| 2014-12-31 | NT$13.76 Billion | +0.68% |
| 2013-12-31 | NT$13.67 Billion | -0.85% |
| 2012-12-31 | NT$13.78 Billion | +0.24% |
| 2011-12-31 | NT$13.75 Billion | +4.79% |
| 2010-12-31 | NT$13.12 Billion | +26.96% |
| 2008-12-31 | NT$10.33 Billion | +8.87% |
| 2007-12-31 | NT$9.49 Billion | +24.20% |
| 2006-12-31 | NT$7.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CSBC Corp Taiwan'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 498132000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$12.75 Billion | 140.06% |
| Other Components | NT$5.81 Billion | 63.89% |
| Total Equity | NT$9.10 Billion | 100.00% |
CSBC Corp Taiwan Competitors by Market Cap
The table below lists competitors of CSBC Corp Taiwan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jafco Company Ltd
OTCGREY:JFKOF
|
$525.86 Million |
|
THEME INTL HLDGS HD-0025
F:TM4C
|
$525.87 Million |
|
Gujarat Mineral Development Corporation Limited
NSE:GMDCLTD
|
$525.99 Million |
|
Interparfums SA
PA:ITP
|
$525.99 Million |
|
Jindal Saw Limited
NSE:JINDALSAW
|
$525.65 Million |
|
Beijing Creative Distribution Automation Co Ltd
SHE:002350
|
$525.58 Million |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
$525.36 Million |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
$525.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSBC Corp Taiwan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,688,551,000 to 9,100,026,000, a change of 2,411,475,000 (36.1%).
- Net loss of 2,779,850,000 reduced equity.
- New share issuances of 4,997,803,000 increased equity.
- Other comprehensive income decreased equity by 4,081,073,000.
- Other factors increased equity by 4,274,595,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-2.78 Billion | -30.55% |
| Share Issuances | NT$5.00 Billion | +54.92% |
| Other Comprehensive Income | NT$-4.08 Billion | -44.85% |
| Other Changes | NT$4.27 Billion | +46.97% |
| Total Change | NT$- | 36.05% |
Book Value vs Market Value Analysis
This analysis compares CSBC Corp Taiwan'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: 3.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.11x to 3.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$19.74 | NT$21.95 | x |
| 2007-12-31 | NT$24.51 | NT$21.95 | x |
| 2008-12-31 | NT$26.69 | NT$21.95 | x |
| 2010-12-31 | NT$33.64 | NT$21.95 | x |
| 2011-12-31 | NT$36.33 | NT$21.95 | x |
| 2012-12-31 | NT$35.36 | NT$21.95 | x |
| 2013-12-31 | NT$35.23 | NT$21.95 | x |
| 2014-12-31 | NT$35.47 | NT$21.95 | x |
| 2015-12-31 | NT$35.71 | NT$21.95 | x |
| 2016-12-31 | NT$31.46 | NT$21.95 | x |
| 2017-12-31 | NT$17.27 | NT$21.95 | x |
| 2018-12-31 | NT$14.05 | NT$21.95 | x |
| 2019-12-31 | NT$11.48 | NT$21.95 | x |
| 2020-12-31 | NT$8.75 | NT$21.95 | x |
| 2021-12-31 | NT$16.06 | NT$21.95 | x |
| 2022-12-31 | NT$10.53 | NT$21.95 | x |
| 2023-12-31 | NT$7.17 | NT$21.95 | x |
| 2024-12-31 | NT$7.20 | NT$21.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSBC Corp Taiwan 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): -30.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.18%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.74x
- Recent ROE (-30.55%) is below the historical average (-14.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.33% | 7.85% | 0.79x | 3.30x | NT$789.77 Million |
| 2007 | 19.40% | 6.32% | 0.90x | 3.41x | NT$892.12 Million |
| 2008 | 8.19% | 2.37% | 1.03x | 3.37x | NT$-187.36 Million |
| 2010 | 13.03% | 6.51% | 0.93x | 2.16x | NT$396.63 Million |
| 2011 | 12.32% | 5.95% | 1.02x | 2.03x | NT$326.71 Million |
| 2012 | 4.95% | 2.20% | 1.15x | 1.96x | NT$-692.99 Million |
| 2013 | 3.21% | 1.76% | 0.95x | 1.93x | NT$-924.26 Million |
| 2014 | 3.29% | 1.77% | 0.86x | 2.17x | NT$-920.01 Million |
| 2015 | 3.39% | 2.18% | 0.90x | 1.72x | NT$-913.18 Million |
| 2016 | -10.57% | -8.17% | 0.57x | 2.27x | NT$-2.51 Billion |
| 2017 | -92.81% | -35.84% | 0.74x | 3.52x | NT$-6.51 Billion |
| 2018 | -52.18% | -23.83% | 0.57x | 3.84x | NT$-3.69 Billion |
| 2019 | -28.16% | -10.99% | 0.47x | 5.43x | NT$-2.46 Billion |
| 2020 | -31.95% | -6.33% | 0.68x | 7.44x | NT$-2.10 Billion |
| 2021 | 0.10% | 0.07% | 0.44x | 3.30x | NT$-1.31 Billion |
| 2022 | -35.95% | -16.04% | 0.47x | 4.75x | NT$-4.51 Billion |
| 2023 | -60.26% | -18.77% | 0.55x | 5.88x | NT$-4.70 Billion |
| 2024 | -30.55% | -19.18% | 0.43x | 3.74x | NT$-3.69 Billion |
Industry Comparison
This section compares CSBC Corp Taiwan's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $3,655,949,222
- Average return on equity (ROE) among peers: 1.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSBC Corp Taiwan (2208) | NT$6.70 Billion | 20.33% | 5.40x | $525.67 Million |
| Air Asia Co Ltd (2630) | $1.28 Billion | 2.99% | 0.64x | $128.23 Million |
| Aerospace Industrial Development Corp (2634) | $10.29 Billion | 18.18% | 1.46x | $930.79 Million |
| Evergreen Aviation Tech Corp (2645) | $12.96 Billion | 14.14% | 0.78x | $561.99 Million |
| Magnate Technology Co Ltd (4541) | $1.78 Billion | 6.76% | 1.01x | $62.02 Million |
| Chaheng Precision Co. Ltd. (4546) | $1.54 Billion | 16.24% | 1.47x | $63.91 Million |
| Drewloong Precision Inc (4572) | $502.67 Million | 0.00% | 0.34x | $105.03 Million |
| Lungteh Shipbldg Co Ltd (6753) | $3.69 Billion | 19.15% | 1.75x | $224.84 Million |
| Carbon-Based Technology Inc. (7719) | $107.95 Million | -49.04% | 0.35x | $11.45K |
| Aero Win Technology Corp (8222) | $751.28 Million | -13.70% | 0.72x | $59.21 Million |