Everspring Industry Co Ltd Net Assets
Everspring Industry Co Ltd net assets. Based on the latest financial reports, Everspring Industry Co Ltd (2390) has net assets worth NT$2.36 Billion TWD (≈ $74.24 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.73 Billion ≈ $85.94 Million USD) and total liabilities (NT$371.36 Million ≈ $11.70 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. Also explore Everspring Industry Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.36 Billion |
| % of Total Assets | 86.39% |
| Annual Growth Rate | -2.73% |
| 5-Year Change | -40.62% |
| 10-Year Change | -9.28% |
| Growth Volatility | 16.92 |
Net Assets of Everspring Industry Co Ltd (2002–2025)
Net assets of Everspring Industry Co Ltd from 2002 to 2025. This chart illustrates how Everspring Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Everspring Industry Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Everspring Industry Co Ltd (2002–2025)
The table below shows the annual net assets of Everspring Industry Co Ltd from 2002 to 2025. For live market cap and overall valuation, see Everspring Industry Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.32 Billion ≈ $73.17 Million |
-0.94% |
| 2024-12-31 | NT$2.34 Billion ≈ $73.87 Million |
-8.82% |
| 2023-12-31 | NT$2.57 Billion ≈ $81.01 Million |
-3.65% |
| 2022-12-31 | NT$2.67 Billion ≈ $84.08 Million |
-31.76% |
| 2021-12-31 | NT$3.91 Billion ≈ $123.22 Million |
+66.34% |
| 2020-12-31 | NT$2.35 Billion ≈ $74.08 Million |
+12.88% |
| 2019-12-31 | NT$2.08 Billion ≈ $65.62 Million |
-8.45% |
| 2018-12-31 | NT$2.28 Billion ≈ $71.68 Million |
-6.51% |
| 2017-12-31 | NT$2.43 Billion ≈ $76.67 Million |
-4.94% |
| 2016-12-31 | NT$2.56 Billion ≈ $80.65 Million |
-3.72% |
| 2015-12-31 | NT$2.66 Billion ≈ $83.77 Million |
+7.33% |
| 2014-12-31 | NT$2.48 Billion ≈ $78.05 Million |
-4.66% |
| 2013-12-31 | NT$2.60 Billion ≈ $81.86 Million |
+4.68% |
| 2012-12-31 | NT$2.48 Billion ≈ $78.20 Million |
+1.11% |
| 2011-12-31 | NT$2.46 Billion ≈ $77.35 Million |
-4.48% |
| 2010-12-31 | NT$2.57 Billion ≈ $80.97 Million |
-6.31% |
| 2009-12-31 | NT$2.74 Billion ≈ $86.43 Million |
+3.66% |
| 2008-12-31 | NT$2.65 Billion ≈ $83.38 Million |
-4.74% |
| 2007-12-31 | NT$2.78 Billion ≈ $87.53 Million |
-2.84% |
| 2006-12-31 | NT$2.86 Billion ≈ $90.08 Million |
+0.29% |
| 2005-12-31 | NT$2.85 Billion ≈ $89.82 Million |
-19.70% |
| 2004-12-31 | NT$3.55 Billion ≈ $111.86 Million |
-6.61% |
| 2003-12-31 | NT$3.80 Billion ≈ $119.78 Million |
-13.46% |
| 2002-12-31 | NT$4.39 Billion ≈ $138.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Everspring 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 decreased by 196.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Everspring Industry Co Ltd Net Assets Breakdown (December 2025)
Everspring Industry Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.93 Billion | 82.94% |
| Other Comprehensive Income | NT$340.63 Million | 14.67% |
| Other Components | NT$397.08 Million | 17.10% |
| Total Equity | NT$2.32 Billion | 100.00% |
Everspring Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Everspring Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agripure Holdings Public Company Limited
BK:APURE
|
$57.96 Million |
|
FORTE MINERALS CORP.
F:2OA
|
$57.96 Million |
|
TROPHY GAMES Development AS
CO:TGAMES
|
$57.97 Million |
|
ConvaTec Group PLC
LSE:CTEC
|
$57.97 Million |
|
GreenMobility A/S
CO:GREENM
|
$57.95 Million |
|
Emerita Resources Corp
V:EMO
|
$57.93 Million |
|
Wp Energy Public Company Limited
BK:WP
|
$57.92 Million |
|
JLS Co.Ltd
KQ:040420
|
$57.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everspring Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,344,635,000 to 2,322,488,000, a change of -22,147,000 (-0.9%).
- Net loss of 27,404,000 reduced equity.
- Other comprehensive income increased equity by 373,871,999.
- Other factors decreased equity by 368,614,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-27.40 Million | -1.18% |
| Other Comprehensive Income | NT$373.87 Million | +16.1% |
| Other Changes | NT$-368.61 Million | -15.87% |
| Total Change | NT$- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Everspring 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: 0.80x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$13.14 | NT$9.55 | x |
| 2007-12-31 | NT$13.64 | NT$9.55 | x |
| 2008-12-31 | NT$13.28 | NT$9.55 | x |
| 2009-12-31 | NT$14.09 | NT$9.55 | x |
| 2010-12-31 | NT$13.18 | NT$9.55 | x |
| 2011-12-31 | NT$12.59 | NT$9.55 | x |
| 2012-12-31 | NT$12.72 | NT$9.55 | x |
| 2013-12-31 | NT$13.32 | NT$9.55 | x |
| 2014-12-31 | NT$12.74 | NT$9.55 | x |
| 2015-12-31 | NT$13.72 | NT$9.55 | x |
| 2016-12-31 | NT$13.32 | NT$9.55 | x |
| 2017-12-31 | NT$12.63 | NT$9.55 | x |
| 2018-12-31 | NT$11.81 | NT$9.55 | x |
| 2019-12-31 | NT$10.81 | NT$9.55 | x |
| 2020-12-31 | NT$12.21 | NT$9.55 | x |
| 2021-12-31 | NT$20.05 | NT$9.55 | x |
| 2022-12-31 | NT$12.67 | NT$9.55 | x |
| 2023-12-31 | NT$13.35 | NT$9.55 | x |
| 2024-12-31 | NT$12.17 | NT$9.55 | x |
| 2025-12-31 | NT$11.86 | NT$9.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everspring Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.04%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.17x
- Recent ROE (-1.18%) is below the historical average (-1.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.81% | 11.07% | 0.25x | 1.72x | NT$-228.11 Million |
| 2004 | 1.51% | 3.90% | 0.27x | 1.43x | NT$-301.52 Million |
| 2006 | 6.26% | 12.61% | 0.38x | 1.31x | NT$-106.48 Million |
| 2007 | -1.43% | -3.30% | 0.32x | 1.34x | NT$-315.44 Million |
| 2008 | 0.28% | 0.58% | 0.36x | 1.34x | NT$-255.44 Million |
| 2009 | -1.85% | -4.53% | 0.32x | 1.28x | NT$-323.42 Million |
| 2010 | -6.17% | -13.00% | 0.35x | 1.36x | NT$-413.08 Million |
| 2011 | -5.32% | -15.02% | 0.27x | 1.32x | NT$-373.61 Million |
| 2012 | 0.35% | 0.94% | 0.27x | 1.40x | NT$-237.86 Million |
| 2013 | 1.97% | 5.79% | 0.26x | 1.33x | NT$-207.43 Million |
| 2014 | -3.05% | -6.03% | 0.34x | 1.47x | NT$-321.29 Million |
| 2015 | 6.52% | 19.84% | 0.25x | 1.32x | NT$-92.15 Million |
| 2016 | -1.90% | -6.01% | 0.26x | 1.23x | NT$-304.77 Million |
| 2017 | -5.70% | -19.67% | 0.23x | 1.25x | NT$-382.11 Million |
| 2018 | -7.61% | -25.75% | 0.25x | 1.20x | NT$-400.64 Million |
| 2019 | -8.67% | -29.07% | 0.24x | 1.27x | NT$-388.88 Million |
| 2020 | 8.31% | 36.77% | 0.18x | 1.25x | NT$-39.83 Million |
| 2021 | 36.48% | 241.19% | 0.14x | 1.11x | NT$1.04 Billion |
| 2022 | -32.44% | -146.45% | 0.18x | 1.21x | NT$-1.13 Billion |
| 2023 | -3.13% | -12.41% | 0.21x | 1.19x | NT$-337.59 Million |
| 2024 | -10.30% | -34.41% | 0.25x | 1.21x | NT$-475.85 Million |
| 2025 | -1.18% | -4.04% | 0.25x | 1.17x | NT$-259.65 Million |
Industry Comparison
This section compares Everspring Industry Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $4,226,039,000
- Average return on equity (ROE) among peers: 8.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everspring Industry Co Ltd (2390) | NT$2.36 Billion | 4.81% | 0.16x | $57.95 Million |
| Hi Sharp Electronics Co Ltd (3128) | $651.04 Million | 5.70% | 0.88x | $27.73 Million |
| Hunt Electronic Co Ltd (3297) | $581.37 Million | 0.70% | 0.39x | $30.89 Million |
| GeoVision Inc (3356) | $1.79 Billion | 7.80% | 0.71x | $150.53 Million |
| Vivotek Inc (3454) | $1.91 Billion | 30.07% | 0.42x | $271.10 Million |
| EverFocus Electronics Corp (5484) | $1.15 Billion | -10.79% | 0.34x | $73.24 Million |
| Taiwan Secom Co Ltd (9917) | $12.02 Billion | 21.02% | 0.96x | $1.51 Billion |
| Taiwan Shin Kong Security Co Ltd (9925) | $11.47 Billion | 8.41% | 0.54x | $478.74 Million |
About Everspring Industry Co Ltd
Everspring Industry Co., Ltd. engages in the manufacturing, reprocessing, and trading of burglar alarm and other electronic products and parts. The company offers disaster prevention and security solutions; lighting control equipment and accessories of burglar alarms; and intelligent security equipment. It is also involved in research, development, manufacturing, and trading of intelligent securi… Read more