Senao International Co Ltd Net Assets
Senao International Co Ltd net assets. Based on the latest financial reports, Senao International Co Ltd (2450) has net assets worth NT$6.22 Billion TWD (≈ $196.08 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$10.76 Billion ≈ $339.09 Million USD) and total liabilities (NT$4.54 Billion ≈ $143.02 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 2450 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.22 Billion |
| % of Total Assets | 57.82% |
| Annual Growth Rate | 4.26% |
| 5-Year Change | 4.98% |
| 10-Year Change | 8.57% |
| Growth Volatility | 6.87 |
Net Assets of Senao International Co Ltd (2002–2025)
Net assets of Senao International Co Ltd from 2002 to 2025. This chart illustrates how Senao International Co Ltd's net assets have evolved over time, based on quarterly financial data. See Senao International Co Ltd (2450) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Senao International Co Ltd (2002–2025)
The table below shows the annual net assets of Senao International Co Ltd from 2002 to 2025. For live market cap and overall valuation, see how much is Senao International Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.45 Billion ≈ $203.17 Million |
+0.01% |
| 2024-12-31 | NT$6.45 Billion ≈ $203.15 Million |
+0.36% |
| 2023-12-31 | NT$6.43 Billion ≈ $202.43 Million |
+1.66% |
| 2022-12-31 | NT$6.32 Billion ≈ $199.12 Million |
+2.88% |
| 2021-12-31 | NT$6.14 Billion ≈ $193.54 Million |
+3.64% |
| 2020-12-31 | NT$5.93 Billion ≈ $186.74 Million |
+1.10% |
| 2019-12-31 | NT$5.86 Billion ≈ $184.70 Million |
+0.67% |
| 2018-12-31 | NT$5.82 Billion ≈ $183.48 Million |
-1.67% |
| 2017-12-31 | NT$5.92 Billion ≈ $186.60 Million |
-0.28% |
| 2016-12-31 | NT$5.94 Billion ≈ $187.13 Million |
+3.24% |
| 2015-12-31 | NT$5.75 Billion ≈ $181.25 Million |
-0.33% |
| 2014-12-31 | NT$5.77 Billion ≈ $181.85 Million |
-5.88% |
| 2013-12-31 | NT$6.13 Billion ≈ $193.22 Million |
+12.77% |
| 2012-12-31 | NT$5.44 Billion ≈ $171.34 Million |
+5.54% |
| 2011-12-31 | NT$5.15 Billion ≈ $162.34 Million |
+10.19% |
| 2010-12-31 | NT$4.68 Billion ≈ $147.33 Million |
+10.12% |
| 2009-12-31 | NT$4.25 Billion ≈ $133.79 Million |
+1.88% |
| 2008-12-31 | NT$4.17 Billion ≈ $131.33 Million |
+10.82% |
| 2007-12-31 | NT$3.76 Billion ≈ $118.50 Million |
+27.87% |
| 2006-12-31 | NT$2.94 Billion ≈ $92.68 Million |
+12.56% |
| 2005-12-31 | NT$2.61 Billion ≈ $82.34 Million |
+2.34% |
| 2004-12-31 | NT$2.55 Billion ≈ $80.45 Million |
-0.04% |
| 2003-12-31 | NT$2.55 Billion ≈ $80.48 Million |
+3.41% |
| 2002-12-31 | NT$2.47 Billion ≈ $77.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Senao International 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 213.9% over the analyzed period, indicating profitable operations and earnings retention.
Senao International Co Ltd Net Assets Breakdown (December 2025)
Senao International Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.50 Billion | 23.32% |
| Common Stock | NT$2.58 Billion | 40.10% |
| Other Comprehensive Income | NT$1.99 Billion | 30.82% |
| Other Components | NT$370.51 Million | 5.75% |
| Total Equity | NT$6.44 Billion | 100.00% |
Senao International Co Ltd Competitors by Market Cap
The table below lists competitors of Senao International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Lanfeng Bio-chemical Co Ltd
SHE:002513
|
$228.64 Million |
|
CASIN Real Estate Development Group Co Ltd
SHE:000838
|
$228.67 Million |
|
AC IMMUNE SA SF-02
F:IMR
|
$228.68 Million |
|
Zhuzhou Feilu High-Tech Materials Co Ltd
SHE:300665
|
$228.74 Million |
|
Cint Group AB
ST:CINT
|
$228.55 Million |
|
Profit Cultural & Creative Group Co Ltd
SHE:300640
|
$228.45 Million |
|
Ioneer Ltd
AU:INR
|
$228.43 Million |
|
Penns Woods Bancorp Inc
NASDAQ:PWOD
|
$228.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Senao International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,438,438,000 to 6,440,127,000, a change of 1,689,000 (0.0%).
- Net income of 445,292,000 contributed positively to equity growth.
- Dividend payments of 426,117,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,985,076,000.
- Other factors decreased equity by 2,002,562,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$445.29 Million | +6.91% |
| Dividends Paid | NT$426.12 Million | -6.62% |
| Other Comprehensive Income | NT$1.99 Billion | +30.82% |
| Other Changes | NT$-2.00 Billion | -31.1% |
| Total Change | NT$- | 0.03% |
Book Value vs Market Value Analysis
This analysis compares Senao International 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: 1.13x
- 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 2.51x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$11.21 | NT$28.10 | x |
| 2005-12-31 | NT$11.44 | NT$28.10 | x |
| 2006-12-31 | NT$12.89 | NT$28.10 | x |
| 2007-12-31 | NT$15.10 | NT$28.10 | x |
| 2008-12-31 | NT$16.57 | NT$28.10 | x |
| 2009-12-31 | NT$16.68 | NT$28.10 | x |
| 2010-12-31 | NT$18.21 | NT$28.10 | x |
| 2011-12-31 | NT$19.76 | NT$28.10 | x |
| 2012-12-31 | NT$20.95 | NT$28.10 | x |
| 2013-12-31 | NT$23.62 | NT$28.10 | x |
| 2014-12-31 | NT$22.27 | NT$28.10 | x |
| 2015-12-31 | NT$22.52 | NT$28.10 | x |
| 2016-12-31 | NT$23.77 | NT$28.10 | x |
| 2017-12-31 | NT$23.55 | NT$28.10 | x |
| 2018-12-31 | NT$22.65 | NT$28.10 | x |
| 2019-12-31 | NT$22.59 | NT$28.10 | x |
| 2020-12-31 | NT$22.84 | NT$28.10 | x |
| 2021-12-31 | NT$23.66 | NT$28.10 | x |
| 2022-12-31 | NT$24.33 | NT$28.10 | x |
| 2023-12-31 | NT$24.76 | NT$28.10 | x |
| 2024-12-31 | NT$24.86 | NT$28.10 | x |
| 2025-12-31 | NT$24.87 | NT$28.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Senao International 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): 6.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.34%
- • Asset Turnover: 3.10x
- • Equity Multiplier: 1.66x
- Recent ROE (6.91%) is below the historical average (14.52%), 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 | 19.08% | 3.76% | 2.57x | 1.98x | NT$224.27 Million |
| 2003 | 10.96% | 1.82% | 3.05x | 1.97x | NT$24.47 Million |
| 2004 | 3.12% | 0.47% | 3.28x | 2.01x | NT$-175.63 Million |
| 2005 | 6.40% | 1.01% | 2.78x | 2.29x | NT$-94.14 Million |
| 2006 | 9.49% | 1.58% | 3.08x | 1.95x | NT$-15.05 Million |
| 2007 | 24.76% | 4.63% | 3.48x | 1.54x | NT$555.09 Million |
| 2008 | 26.13% | 4.94% | 3.37x | 1.57x | NT$672.55 Million |
| 2009 | 23.74% | 5.44% | 2.79x | 1.56x | NT$583.39 Million |
| 2010 | 25.82% | 6.19% | 2.48x | 1.68x | NT$740.01 Million |
| 2011 | 26.84% | 5.02% | 2.97x | 1.80x | NT$867.76 Million |
| 2012 | 27.45% | 4.27% | 3.28x | 1.96x | NT$949.12 Million |
| 2013 | 23.32% | 3.35% | 4.05x | 1.72x | NT$816.68 Million |
| 2014 | 9.52% | 1.33% | 3.96x | 1.81x | NT$-27.50 Million |
| 2015 | 14.04% | 2.26% | 3.48x | 1.79x | NT$231.13 Million |
| 2016 | 16.86% | 2.93% | 3.26x | 1.77x | NT$405.92 Million |
| 2017 | 13.99% | 2.31% | 3.47x | 1.74x | NT$235.51 Million |
| 2018 | 6.99% | 1.30% | 3.21x | 1.67x | NT$-174.95 Million |
| 2019 | 7.03% | 1.42% | 2.87x | 1.72x | NT$-173.59 Million |
| 2020 | 7.39% | 1.62% | 2.65x | 1.72x | NT$-154.45 Million |
| 2021 | 9.74% | 1.92% | 2.80x | 1.81x | NT$-16.08 Million |
| 2022 | 10.43% | 2.11% | 2.98x | 1.66x | NT$27.19 Million |
| 2023 | 11.00% | 2.26% | 3.18x | 1.53x | NT$64.21 Million |
| 2024 | 7.43% | 1.48% | 3.10x | 1.62x | NT$-165.53 Million |
| 2025 | 6.91% | 1.34% | 3.10x | 1.66x | NT$-198.72 Million |
Industry Comparison
This section compares Senao International Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $14,435,826,889
- Average return on equity (ROE) among peers: 5.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Senao International Co Ltd (2450) | NT$6.22 Billion | 19.08% | 0.73x | $228.63 Million |
| China Wire & Cable Co Ltd (1603) | $5.42 Billion | 6.01% | 0.54x | $148.13 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $8.18 Billion | 4.74% | 0.11x | $220.68 Million |
| Synnex Technology International Corp (2347) | $43.35 Billion | 12.17% | 1.87x | $5.23 Billion |
| Foxconn Technology Co Ltd (2354) | $37.11 Billion | 16.71% | 1.43x | $2.66 Billion |
| Wah Lee Industrial Corp (3010) | $26.03 Billion | 8.81% | 1.18x | $1.07 Billion |
| Weikeng Industrial Co Ltd (3033) | $3.68 Billion | 13.31% | 1.33x | $671.18 Million |
| Edom Technology Co Ltd (3048) | $4.59 Billion | -12.33% | 5.04x | $428.46 Million |
| MetaTech AP (3224) | $1.07 Billion | -5.38% | 0.22x | $75.33 Million |
| Sentronic International (3232) | $484.61 Million | 6.31% | 1.26x | $28.83 Million |
About Senao International Co Ltd
Senao International Co.,Ltd. sells and distributes mobile handheld devices in China. The company also sells mobile phones, information appliance, home appliances, peripheral products, health care, information and communication technologies products, as well as provides the related repairs and maintenance and liability insurance agency services. The company was formerly known as Senao Business Dev… Read more