Pacific Construction Co Ltd
Pacific Construction Co., Ltd. engages in the construction business in Taiwan and Malaysia. The company is involved in contracting of civil engineering and construction projects; land development and construction of houses; and development, lease, and sale of residential and building properties. The company also engages in the operation of general department stores, real estate brokerage and agen… Read more
Pacific Construction Co Ltd (2506) - Net Assets
Latest net assets as of September 2025: NT$9.60 Billion TWD
Based on the latest financial reports, Pacific Construction Co Ltd (2506) has net assets worth NT$9.60 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$14.40 Billion) and total liabilities (NT$4.81 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$9.60 Billion |
| % of Total Assets | 66.61% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | 11.53% |
| 10-Year Change | 30.05% |
| Growth Volatility | 26.04 |
Pacific Construction Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Pacific Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pacific Construction Co Ltd (2000–2024)
The table below shows the annual net assets of Pacific Construction Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.61 Billion | +9.99% |
| 2023-12-31 | NT$8.74 Billion | -5.18% |
| 2022-12-31 | NT$9.21 Billion | +7.35% |
| 2021-12-31 | NT$8.58 Billion | -0.39% |
| 2020-12-31 | NT$8.62 Billion | +0.27% |
| 2019-12-31 | NT$8.59 Billion | -1.14% |
| 2018-12-31 | NT$8.69 Billion | +18.20% |
| 2017-12-31 | NT$7.35 Billion | -1.20% |
| 2016-12-31 | NT$7.44 Billion | +0.72% |
| 2015-12-31 | NT$7.39 Billion | +1.80% |
| 2014-12-31 | NT$7.26 Billion | +3.07% |
| 2013-12-31 | NT$7.04 Billion | +3.29% |
| 2012-12-31 | NT$6.82 Billion | +1.72% |
| 2011-12-31 | NT$6.70 Billion | +15.79% |
| 2010-12-31 | NT$5.79 Billion | +12.91% |
| 2009-12-31 | NT$5.13 Billion | +7.64% |
| 2008-12-31 | NT$4.76 Billion | +6.59% |
| 2007-12-31 | NT$4.47 Billion | +4.10% |
| 2006-12-31 | NT$4.29 Billion | +11.32% |
| 2005-12-31 | NT$3.86 Billion | +4.93% |
| 2004-12-31 | NT$3.68 Billion | -25.27% |
| 2003-12-31 | NT$4.92 Billion | +89.26% |
| 2002-12-31 | NT$2.60 Billion | -80.75% |
| 2001-12-31 | NT$13.50 Billion | -11.70% |
| 2000-12-31 | NT$15.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pacific Construction 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 169079700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.69 Billion | 21.97% |
| Common Stock | NT$3.87 Billion | 50.28% |
| Other Comprehensive Income | NT$2.28 Billion | 29.65% |
| Total Equity | NT$7.70 Billion | 100.00% |
Pacific Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Pacific Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZOOZ Strategy Ltd.
TA:ZOOZ
|
$54.54 Million |
|
Jeil Pharmaceutical Co Ltd
KO:271980
|
$54.55 Million |
|
M Evo Global Acquisition Corp II Class A Ordinary Shares
NASDAQ:MEVO
|
$54.55 Million |
|
Isbir Holding AS
IS:ISBIR
|
$54.56 Million |
|
AI TRANSPORTATION ACQUISITION CORP Unit
NASDAQ:AITRU
|
$54.50 Million |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
$54.49 Million |
|
China Container Terminal Corp
TW:2613
|
$54.48 Million |
|
Odyssey Marine Exploration Inc
NASDAQ:OMEX
|
$54.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,891,468,000 to 7,697,468,000, a change of 806,000,000 (11.7%).
- Net income of 738,280,000 contributed positively to equity growth.
- Dividend payments of 72,311,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,831,321,000.
- Other factors decreased equity by 1,691,290,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$738.28 Million | +9.59% |
| Dividends Paid | NT$72.31 Million | -0.94% |
| Other Comprehensive Income | NT$1.83 Billion | +23.79% |
| Other Changes | NT$-1.69 Billion | -21.97% |
| Total Change | NT$- | 11.70% |
Book Value vs Market Value Analysis
This analysis compares Pacific Construction 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: 0.42x
- 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.
- The price-to-book ratio has decreased from 0.85x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$10.45 | NT$8.92 | x |
| 2010-12-31 | NT$11.86 | NT$8.92 | x |
| 2011-12-31 | NT$14.80 | NT$8.92 | x |
| 2012-12-31 | NT$14.96 | NT$8.92 | x |
| 2013-12-31 | NT$15.61 | NT$8.92 | x |
| 2014-12-31 | NT$16.52 | NT$8.92 | x |
| 2015-12-31 | NT$17.22 | NT$8.92 | x |
| 2016-12-31 | NT$17.38 | NT$8.92 | x |
| 2017-12-31 | NT$17.23 | NT$8.92 | x |
| 2018-12-31 | NT$19.32 | NT$8.92 | x |
| 2019-12-31 | NT$18.95 | NT$8.92 | x |
| 2020-12-31 | NT$18.81 | NT$8.92 | x |
| 2021-12-31 | NT$18.62 | NT$8.92 | x |
| 2022-12-31 | NT$20.10 | NT$8.92 | x |
| 2023-12-31 | NT$19.04 | NT$8.92 | x |
| 2024-12-31 | NT$21.21 | NT$8.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Construction 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): 9.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.22%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.85x
- Recent ROE (9.59%) is above the historical average (7.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 47.15% | 40.47% | 0.19x | 6.07x | NT$1.83 Billion |
| 2006 | 5.84% | 9.36% | 0.10x | 6.44x | NT$-140.88 Million |
| 2007 | 1.54% | 3.17% | 0.08x | 6.20x | NT$-298.72 Million |
| 2009 | 8.40% | 4.32% | 0.42x | 4.61x | NT$-66.18 Million |
| 2010 | 10.32% | 5.93% | 0.43x | 4.07x | NT$14.65 Million |
| 2011 | 16.77% | 11.08% | 0.50x | 3.03x | NT$379.58 Million |
| 2012 | 4.59% | 3.59% | 0.44x | 2.90x | NT$-313.85 Million |
| 2013 | 11.22% | 20.08% | 0.21x | 2.65x | NT$73.09 Million |
| 2014 | 5.29% | 8.40% | 0.25x | 2.53x | NT$-289.60 Million |
| 2015 | 1.87% | 5.59% | 0.14x | 2.39x | NT$-507.42 Million |
| 2016 | 1.87% | 5.09% | 0.15x | 2.38x | NT$-511.73 Million |
| 2017 | 0.19% | 0.76% | 0.11x | 2.32x | NT$-611.45 Million |
| 2018 | 2.62% | 11.25% | 0.10x | 2.25x | NT$-516.14 Million |
| 2019 | -0.72% | -5.89% | 0.05x | 2.33x | NT$-734.13 Million |
| 2020 | 0.51% | 1.17% | 0.20x | 2.13x | NT$-645.86 Million |
| 2021 | 1.37% | 5.51% | 0.12x | 2.08x | NT$-581.61 Million |
| 2022 | 7.90% | 67.14% | 0.06x | 1.92x | NT$-153.32 Million |
| 2023 | 0.63% | 2.93% | 0.11x | 1.94x | NT$-645.65 Million |
| 2024 | 9.59% | 51.22% | 0.10x | 1.85x | NT$-31.47 Million |
Industry Comparison
This section compares Pacific Construction Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,386,983,889
- Average return on equity (ROE) among peers: 6.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Construction Co Ltd (2506) | NT$9.60 Billion | 47.15% | 0.50x | $54.52 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.46 Billion | -0.96% | 0.01x | $126.81 Million |
| Advancetek Enterprise Co Ltd (1442) | $3.60 Billion | 19.79% | 1.15x | $178.30 Million |
| Better Life Group Co Ltd (1805) | $524.00 Million | 11.48% | 3.89x | $19.30 Million |
| Run Long Construction Co Ltd (1808) | $5.07 Billion | 2.31% | 6.26x | $361.47 Million |
| Jean Co Ltd (2442) | $2.57 Billion | -3.31% | 1.82x | $92.99 Million |
| Kuo Yang Construction Co Ltd (2505) | $7.33 Billion | 4.62% | 1.19x | $116.40 Million |
| Prince Housing & Development Corp (2511) | $8.75 Billion | 3.86% | 1.78x | $220.08 Million |
| King’s Town Construction Co Ltd (2524) | $8.23 Billion | 17.33% | 1.31x | $49.96 Million |
| Hung Sheng Construction Ltd (2534) | $8.95 Billion | 4.49% | 2.02x | $203.16 Million |