Chainqui Construction Development Co Ltd
Chainqui Construction Development Co., Ltd., together with its subsidiaries, engages in the construction, sale, and leasing of residential and commercial buildings in Taiwan and the United States. It operates through the Construction Development, Construction, and Other segments. The company also provides mansion management services and security services. In addition, it is involved in the operat… Read more
Chainqui Construction Development Co Ltd (2509) - Net Assets
Latest net assets as of September 2025: NT$4.17 Billion TWD
Based on the latest financial reports, Chainqui Construction Development Co Ltd (2509) has net assets worth NT$4.17 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$12.60 Billion) and total liabilities (NT$8.43 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$4.17 Billion |
| % of Total Assets | 33.1% |
| Annual Growth Rate | 4.06% |
| 5-Year Change | -4.71% |
| 10-Year Change | 15.02% |
| Growth Volatility | 15.04 |
Chainqui Construction Development Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Chainqui Construction Development 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 Chainqui Construction Development Co Ltd (2002–2024)
The table below shows the annual net assets of Chainqui Construction Development Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.63 Billion | +5.59% |
| 2023-12-31 | NT$4.38 Billion | -4.54% |
| 2022-12-31 | NT$4.59 Billion | +1.33% |
| 2021-12-31 | NT$4.53 Billion | -6.71% |
| 2020-12-31 | NT$4.85 Billion | +1.92% |
| 2019-12-31 | NT$4.76 Billion | +10.16% |
| 2018-12-31 | NT$4.32 Billion | +29.73% |
| 2017-12-31 | NT$3.33 Billion | -6.99% |
| 2016-12-31 | NT$3.58 Billion | -10.90% |
| 2015-12-31 | NT$4.02 Billion | +17.73% |
| 2014-12-31 | NT$3.42 Billion | -11.81% |
| 2013-12-31 | NT$3.87 Billion | +8.03% |
| 2012-12-31 | NT$3.59 Billion | -2.31% |
| 2011-12-31 | NT$3.67 Billion | +2.37% |
| 2010-12-31 | NT$3.59 Billion | +12.94% |
| 2009-12-31 | NT$3.17 Billion | +9.51% |
| 2008-12-31 | NT$2.90 Billion | +2.85% |
| 2007-12-31 | NT$2.82 Billion | +46.82% |
| 2006-12-31 | NT$1.92 Billion | +9.55% |
| 2005-12-31 | NT$1.75 Billion | +11.14% |
| 2004-12-31 | NT$1.58 Billion | +15.63% |
| 2003-12-31 | NT$1.36 Billion | -29.18% |
| 2002-12-31 | NT$1.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chainqui Construction Development 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 135495100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.35 Billion | 31.99% |
| Common Stock | NT$2.25 Billion | 53.02% |
| Other Comprehensive Income | NT$97.34 Million | 2.30% |
| Other Components | NT$537.54 Million | 12.69% |
| Total Equity | NT$4.24 Billion | 100.00% |
Chainqui Construction Development Co Ltd Competitors by Market Cap
The table below lists competitors of Chainqui Construction Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asian Energy Services Limited
NSE:ASIANENE
|
$52.38 Million |
|
Kuen Ling Refrigerating Machinery Co Ltd
TWO:4527
|
$52.40 Million |
|
Qingling Motors Co. Ltd
PINK:QGLHF
|
$52.40 Million |
|
BROWN GRP PLC CONS.
F:BGUA
|
$52.41 Million |
|
Izertis Sa
MC:IZER
|
$52.36 Million |
|
Steppe Gold Ltd
OTCQX:STPGF
|
$52.35 Million |
|
Majestic Gold Corp
PINK:MJGCF
|
$52.34 Million |
|
Smart Radar System Inc.
KQ:424960
|
$52.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chainqui Construction Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,008,903,000 to 4,235,336,000, a change of 226,433,000 (5.6%).
- Net income of 47,302,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 135,033,000.
- Other factors increased equity by 44,098,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$47.30 Million | +1.12% |
| Other Comprehensive Income | NT$135.03 Million | +3.19% |
| Other Changes | NT$44.10 Million | +1.04% |
| Total Change | NT$- | 5.65% |
Book Value vs Market Value Analysis
This analysis compares Chainqui Construction Development 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: 0.77x
- 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 0.99x to 0.77x 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$14.39 | NT$14.30 | x |
| 2010-12-31 | NT$13.11 | NT$14.30 | x |
| 2011-12-31 | NT$12.16 | NT$14.30 | x |
| 2012-12-31 | NT$11.58 | NT$14.30 | x |
| 2013-12-31 | NT$15.86 | NT$14.30 | x |
| 2014-12-31 | NT$14.14 | NT$14.30 | x |
| 2015-12-31 | NT$16.10 | NT$14.30 | x |
| 2016-12-31 | NT$14.82 | NT$14.30 | x |
| 2017-12-31 | NT$13.77 | NT$14.30 | x |
| 2018-12-31 | NT$18.26 | NT$14.30 | x |
| 2019-12-31 | NT$19.68 | NT$14.30 | x |
| 2020-12-31 | NT$20.19 | NT$14.30 | x |
| 2021-12-31 | NT$18.79 | NT$14.30 | x |
| 2022-12-31 | NT$18.80 | NT$14.30 | x |
| 2023-12-31 | NT$17.85 | NT$14.30 | x |
| 2024-12-31 | NT$18.62 | NT$14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chainqui Construction Development Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.33%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.75x
- Recent ROE (1.12%) is below the historical average (7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 7.94% | 17.74% | 0.21x | 2.15x | NT$-32.56 Million |
| 2005 | 8.84% | 22.07% | 0.18x | 2.19x | NT$-20.12 Million |
| 2006 | 13.14% | 19.97% | 0.27x | 2.41x | NT$59.53 Million |
| 2007 | 16.03% | 23.61% | 0.30x | 2.24x | NT$168.54 Million |
| 2008 | 12.46% | 14.89% | 0.44x | 1.90x | NT$69.23 Million |
| 2009 | 11.88% | 26.82% | 0.22x | 2.02x | NT$58.29 Million |
| 2010 | 11.61% | 20.03% | 0.27x | 2.16x | NT$54.27 Million |
| 2011 | 11.46% | 18.54% | 0.30x | 2.04x | NT$50.07 Million |
| 2012 | 6.87% | 16.20% | 0.26x | 1.61x | NT$-104.94 Million |
| 2013 | 11.04% | 110.56% | 0.06x | 1.54x | NT$37.36 Million |
| 2014 | -6.38% | -554.48% | 0.00x | 2.39x | NT$-521.12 Million |
| 2015 | 16.68% | 15.63% | 0.45x | 2.36x | NT$243.16 Million |
| 2016 | -1.68% | -9.50% | 0.08x | 2.34x | NT$-389.51 Million |
| 2017 | 0.95% | 2.60% | 0.14x | 2.58x | NT$-280.47 Million |
| 2018 | 23.92% | 24.96% | 0.45x | 2.12x | NT$573.74 Million |
| 2019 | 9.94% | 25.45% | 0.20x | 1.92x | NT$-2.54 Million |
| 2020 | 5.12% | 17.36% | 0.17x | 1.73x | NT$-221.74 Million |
| 2021 | 1.05% | 5.56% | 0.10x | 1.81x | NT$-377.99 Million |
| 2022 | -3.53% | -73.64% | 0.02x | 1.98x | NT$-571.35 Million |
| 2023 | -6.13% | -109.92% | 0.02x | 2.41x | NT$-646.53 Million |
| 2024 | 1.12% | 3.33% | 0.12x | 2.75x | NT$-376.23 Million |
Industry Comparison
This section compares Chainqui Construction Development Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,680,962,000
- Average return on equity (ROE) among peers: 4.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chainqui Construction Development Co Ltd (2509) | NT$4.17 Billion | 7.94% | 2.02x | $52.37 Million |
| Sun Yad Construction Co Ltd (1316) | $2.61 Billion | -3.93% | 1.72x | $118.24 Million |
| GTM Holdings Corp (1437) | $5.06 Billion | 8.52% | 0.86x | $109.18 Million |
| I-Hwa Industrial Co Ltd (1456) | $1.29 Billion | 5.28% | 4.21x | $7.40 Million |
| Hiyes International Co Ltd (2348) | $1.11 Billion | 8.17% | 0.85x | $117.34 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $7.39 Billion | 0.87% | 1.55x | $137.37 Million |
| Crowell Development Corp (2528) | $307.29 Million | 0.00% | 4.72x | $196.03 Million |
| JSL Construction & Development Co Ltd (2540) | $4.04 Billion | 6.45% | 1.48x | $370.33 Million |
| Wanhwa Enterprise Co (2701) | $3.23 Billion | 11.73% | 0.32x | $33.60 Million |
| First Hotel Co Ltd (2706) | $8.10 Billion | 6.19% | 0.15x | $50.43 Million |