Prince Housing & Development Corp Net Assets
Prince Housing & Development Corp net assets. Based on the latest financial reports, Prince Housing & Development Corp (2511) has net assets worth NT$26.18 Billion TWD (≈ $824.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$47.46 Billion ≈ $1.50 Billion USD) and total liabilities (NT$21.29 Billion ≈ $670.63 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 Prince Housing & Development Corp (2511) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$26.18 Billion |
| % of Total Assets | 55.15% |
| Annual Growth Rate | 3.91% |
| 5-Year Change | 0.69% |
| 10-Year Change | 5.35% |
| Growth Volatility | 8.38 |
Net Assets of Prince Housing & Development Corp (2000–2025)
Net assets of Prince Housing & Development Corp from 2000 to 2025. This chart illustrates how Prince Housing & Development Corp's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Prince Housing & Development Corp to measure how much of total assets are equity-financed.
Annual Net Assets for Prince Housing & Development Corp (2000–2025)
The table below shows the annual net assets of Prince Housing & Development Corp from 2000 to 2025. For live market cap and overall valuation, see market value of Prince Housing & Development Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$25.94 Billion ≈ $817.39 Million |
-0.18% |
| 2024-12-31 | NT$25.99 Billion ≈ $818.86 Million |
+0.06% |
| 2023-12-31 | NT$25.98 Billion ≈ $818.40 Million |
-0.03% |
| 2022-12-31 | NT$25.98 Billion ≈ $818.65 Million |
+0.84% |
| 2021-12-31 | NT$25.77 Billion ≈ $811.81 Million |
+5.49% |
| 2020-12-31 | NT$24.43 Billion ≈ $769.53 Million |
+1.16% |
| 2019-12-31 | NT$24.14 Billion ≈ $760.69 Million |
-0.14% |
| 2018-12-31 | NT$24.18 Billion ≈ $761.74 Million |
+0.01% |
| 2017-12-31 | NT$24.18 Billion ≈ $761.70 Million |
-1.83% |
| 2016-12-31 | NT$24.63 Billion ≈ $775.89 Million |
-2.17% |
| 2015-12-31 | NT$25.17 Billion ≈ $793.14 Million |
+3.55% |
| 2014-12-31 | NT$24.31 Billion ≈ $765.93 Million |
+30.88% |
| 2013-12-31 | NT$18.57 Billion ≈ $585.20 Million |
+7.16% |
| 2012-12-31 | NT$17.33 Billion ≈ $546.11 Million |
+11.41% |
| 2011-12-31 | NT$15.56 Billion ≈ $490.19 Million |
+15.76% |
| 2010-12-31 | NT$13.44 Billion ≈ $423.45 Million |
+15.81% |
| 2009-12-31 | NT$11.61 Billion ≈ $365.63 Million |
+10.58% |
| 2008-12-31 | NT$10.50 Billion ≈ $330.65 Million |
-4.51% |
| 2007-12-31 | NT$10.99 Billion ≈ $346.28 Million |
-1.24% |
| 2006-12-31 | NT$11.13 Billion ≈ $350.62 Million |
+6.15% |
| 2005-12-31 | NT$10.48 Billion ≈ $330.32 Million |
+6.79% |
| 2004-12-31 | NT$9.82 Billion ≈ $309.31 Million |
+12.24% |
| 2003-12-31 | NT$8.75 Billion ≈ $275.59 Million |
+3.76% |
| 2002-12-31 | NT$8.43 Billion ≈ $265.59 Million |
-10.15% |
| 2001-12-31 | NT$9.38 Billion ≈ $295.60 Million |
-5.59% |
| 2000-12-31 | NT$9.94 Billion ≈ $313.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prince Housing & Development Corp'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 297912100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Prince Housing & Development Corp Net Assets Breakdown (December 2025)
Prince Housing & Development Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.98 Billion | 11.57% |
| Common Stock | NT$16.23 Billion | 63.03% |
| Other Comprehensive Income | NT$4.29 Billion | 16.66% |
| Other Components | NT$2.25 Billion | 8.74% |
| Total Equity | NT$25.76 Billion | 100.00% |
Prince Housing & Development Corp Competitors by Market Cap
The table below lists competitors of Prince Housing & Development Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Byggmax Group AB
ST:BMAX
|
$410.08 Million |
|
Zhejiang Risun Intelligent Technology Co. Ltd. A
SHG:688215
|
$410.12 Million |
|
Melcor Developments Ltd.
TO:MRD
|
$410.14 Million |
|
Jindal Worldwide Limited
NSE:JINDWORLD
|
$410.72 Million |
|
ADTRAN Inc
NASDAQ:ADTN
|
$409.85 Million |
|
Tokmanni Group Oyj
HE:TOKMAN
|
$409.78 Million |
|
Vinh Hoan Corp
VN:VHC
|
$409.76 Million |
|
Clenergy Xiamen Technology Co Ltd
SHG:603628
|
$409.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prince Housing & Development Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,765,014,000 to 25,755,153,000, a change of -9,861,000 (-0.0%).
- Net income of 535,082,000 contributed positively to equity growth.
- Dividend payments of 486,998,000 reduced retained earnings.
- Other comprehensive income decreased equity by 26,515,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$535.08 Million | +2.08% |
| Dividends Paid | NT$487.00 Million | -1.89% |
| Other Comprehensive Income | NT$-26.52 Million | -0.1% |
| Other Changes | NT$-31.43 Million | -0.12% |
| Total Change | NT$- | -0.04% |
Book Value vs Market Value Analysis
This analysis compares Prince Housing & Development Corp'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: 0.47x
- 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 0.96x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$8.34 | NT$8.02 | x |
| 2007-12-31 | NT$8.18 | NT$8.02 | x |
| 2008-12-31 | NT$7.78 | NT$8.02 | x |
| 2009-12-31 | NT$8.30 | NT$8.02 | x |
| 2010-12-31 | NT$9.71 | NT$8.02 | x |
| 2011-12-31 | NT$11.32 | NT$8.02 | x |
| 2012-12-31 | NT$12.66 | NT$8.02 | x |
| 2013-12-31 | NT$13.84 | NT$8.02 | x |
| 2014-12-31 | NT$15.07 | NT$8.02 | x |
| 2015-12-31 | NT$15.05 | NT$8.02 | x |
| 2016-12-31 | NT$14.79 | NT$8.02 | x |
| 2017-12-31 | NT$14.60 | NT$8.02 | x |
| 2018-12-31 | NT$14.58 | NT$8.02 | x |
| 2019-12-31 | NT$14.60 | NT$8.02 | x |
| 2020-12-31 | NT$14.92 | NT$8.02 | x |
| 2021-12-31 | NT$15.67 | NT$8.02 | x |
| 2022-12-31 | NT$15.66 | NT$8.02 | x |
| 2023-12-31 | NT$15.77 | NT$8.02 | x |
| 2024-12-31 | NT$15.64 | NT$8.02 | x |
| 2025-12-31 | NT$17.05 | NT$8.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prince Housing & Development Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.83x
- Recent ROE (2.08%) is below the historical average (6.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.86% | 4.30% | 0.32x | 2.78x | NT$-536.75 Million |
| 2004 | 11.05% | 9.79% | 0.40x | 2.80x | NT$102.99 Million |
| 2005 | 9.64% | 7.64% | 0.45x | 2.79x | NT$-37.33 Million |
| 2006 | 11.86% | 9.65% | 0.35x | 3.49x | NT$203.81 Million |
| 2007 | 3.65% | 2.89% | 0.33x | 3.84x | NT$-687.70 Million |
| 2008 | -3.15% | -2.34% | 0.33x | 4.06x | NT$-1.36 Billion |
| 2009 | 5.43% | 4.65% | 0.32x | 3.61x | NT$-506.81 Million |
| 2010 | 16.40% | 14.45% | 0.34x | 3.38x | NT$831.15 Million |
| 2011 | 15.26% | 15.86% | 0.28x | 3.38x | NT$797.25 Million |
| 2012 | 10.54% | 12.18% | 0.30x | 2.86x | NT$90.95 Million |
| 2013 | 9.08% | 9.59% | 0.33x | 2.90x | NT$-168.12 Million |
| 2014 | 10.01% | 12.35% | 0.35x | 2.34x | NT$2.25 Million |
| 2015 | 9.01% | 13.89% | 0.30x | 2.19x | NT$-245.31 Million |
| 2016 | 6.62% | 13.34% | 0.24x | 2.11x | NT$-820.47 Million |
| 2017 | 5.37% | 11.66% | 0.22x | 2.11x | NT$-1.11 Billion |
| 2018 | 5.25% | 10.57% | 0.23x | 2.13x | NT$-1.13 Billion |
| 2019 | 3.99% | 7.81% | 0.22x | 2.29x | NT$-1.43 Billion |
| 2020 | 3.28% | 6.64% | 0.23x | 2.16x | NT$-1.63 Billion |
| 2021 | 5.99% | 12.27% | 0.25x | 1.96x | NT$-1.03 Billion |
| 2022 | 5.74% | 11.55% | 0.27x | 1.86x | NT$-1.10 Billion |
| 2023 | 2.30% | 6.98% | 0.18x | 1.80x | NT$-1.98 Billion |
| 2024 | 1.21% | 3.69% | 0.18x | 1.81x | NT$-2.26 Billion |
| 2025 | 2.08% | 5.72% | 0.20x | 1.83x | NT$-2.04 Billion |
Industry Comparison
This section compares Prince Housing & Development Corp's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,371,402,333
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prince Housing & Development Corp (2511) | NT$26.18 Billion | 3.86% | 0.81x | $410.01 Million |
| HUA YU LIEN Development Co Ltd (1436) | $2.45 Billion | 9.75% | 1.90x | $214.09 Million |
| Advancetek Enterprise Co Ltd (1442) | $7.19 Billion | 23.96% | 1.43x | $295.36 Million |
| Better Life Group Co Ltd (1805) | $666.09 Million | -10.96% | 1.22x | $42.31 Million |
| Run Long Construction Co Ltd (1808) | $5.16 Billion | 17.64% | 2.23x | $973.48 Million |
| Jean Co Ltd (2442) | $2.57 Billion | -3.31% | 1.82x | $139.39 Million |
| Cathay Real Estate Development Co Ltd (2501) | $21.31 Billion | 5.63% | 0.38x | $728.82 Million |
| Kuo Yang Construction Co Ltd (2505) | $2.90 Billion | 0.78% | 1.77x | $205.32 Million |
| Pacific Construction Co Ltd (2506) | $3.86 Billion | 0.00% | 5.23x | $94.77 Million |
| King’s Town Construction Co Ltd (2524) | $11.24 Billion | 5.08% | 1.83x | $393.19 Million |
About Prince Housing & Development Corp
Prince Housing & Development Corp. engages in the land development business in Taiwan. It operates through Construction, Hotel, and Other segments. The company develops and sells residential properties, public housing, and buildings. It also engages in the construction, leasing, and sale of public housing, commercial buildings, tourism and recreation venues, children's playgrounds, water parks, a… Read more