Coplus Inc.
Coplus Inc. offers single products of automobile and motorcycle parts in Taiwan, the United States, and internationally. The company offers headlights, radiator grilles, water tank shields, and automotive components. The company was founded in 1964 and is based in Tainan City, Taiwan.
Coplus Inc. (2254) - Net Assets
Latest net assets as of September 2025: NT$1.15 Billion TWD
Based on the latest financial reports, Coplus Inc. (2254) has net assets worth NT$1.15 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$2.24 Billion) and total liabilities (NT$1.09 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$1.15 Billion |
| % of Total Assets | 51.19% |
| Annual Growth Rate | 40.0% |
| 5-Year Change | 311.33% |
| 10-Year Change | N/A |
| Growth Volatility | 37.44 |
Coplus Inc. - Net Assets Trend (2017–2024)
This chart illustrates how Coplus Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Coplus Inc. (2017–2024)
The table below shows the annual net assets of Coplus Inc. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.16 Billion | +17.25% |
| 2023-12-31 | NT$990.90 Million | +30.29% |
| 2022-12-31 | NT$760.52 Million | +17.44% |
| 2021-12-31 | NT$647.58 Million | +129.27% |
| 2020-12-31 | NT$282.46 Million | +55.35% |
| 2019-12-31 | NT$181.82 Million | +42.66% |
| 2018-12-31 | NT$127.45 Million | +15.65% |
| 2017-12-31 | NT$110.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coplus Inc.'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 3516800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$639.08 Million | 55.01% |
| Other Components | NT$590.26 Million | 50.80% |
| Total Equity | NT$1.16 Billion | 100.00% |
Coplus Inc. Competitors by Market Cap
The table below lists competitors of Coplus Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jammin Java Corp
PINK:JAMN
|
$18.84K |
|
El-Nile Co. For Pharmaceuticals And Chemical Industries
EGX:NIPH
|
$18.84K |
|
Lloyds Banking Group plc 9.25% NON-CUM IRR PRF SHS GBP0.25
PINK:LLOBF
|
$18.85K |
|
B+S BANKSYSTEME - Dusseldorf Stock Exchang
DU:DTD2
|
$18.86K |
|
NuRAN Wireless Inc
PINK:NRRWF
|
$18.78K |
|
Samara Asset Group
F:SRAG
|
$18.78K |
|
Tribal Group plc
LSE:TRB
|
$18.77K |
|
ALPA4F
SA:ALPA4F
|
$18.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coplus Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 990,905,000 to 1,161,848,000, a change of 170,943,000 (17.3%).
- Net loss of 67,491,000 reduced equity.
- Other comprehensive income decreased equity by 554,000.
- Other factors increased equity by 238,988,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-67.49 Million | -5.81% |
| Other Comprehensive Income | NT$-554.00K | -0.05% |
| Other Changes | NT$238.99 Million | +20.57% |
| Total Change | NT$- | 17.25% |
Book Value vs Market Value Analysis
This analysis compares Coplus Inc.'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: 4.10x
- 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 decreased from 17.52x to 4.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | NT$3.88 | NT$68.00 | x |
| 2019-12-31 | NT$5.53 | NT$68.00 | x |
| 2020-12-31 | NT$4.65 | NT$68.00 | x |
| 2021-12-31 | NT$11.04 | NT$68.00 | x |
| 2022-12-31 | NT$12.58 | NT$68.00 | x |
| 2023-12-31 | NT$16.25 | NT$68.00 | x |
| 2024-12-31 | NT$16.57 | NT$68.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coplus Inc. 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): -5.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.66%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.08x
- Recent ROE (-5.81%) is below the historical average (18.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 13.00% | 6.94% | 0.39x | 4.82x | NT$3.82 Million |
| 2019 | 31.08% | 11.77% | 0.68x | 3.86x | NT$38.33 Million |
| 2020 | 35.57% | 14.09% | 0.81x | 3.12x | NT$72.22 Million |
| 2021 | 38.79% | 21.66% | 0.53x | 3.40x | NT$186.45 Million |
| 2022 | 19.55% | 16.01% | 0.44x | 2.75x | NT$72.66 Million |
| 2023 | -4.80% | -8.65% | 0.23x | 2.42x | NT$-146.65 Million |
| 2024 | -5.81% | -10.66% | 0.26x | 2.08x | NT$-183.68 Million |
Industry Comparison
This section compares Coplus Inc.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coplus Inc. (2254) | NT$1.15 Billion | 13.00% | 0.95x | $18.83K |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |