Delpha Construction Co Ltd (2530) - Net Assets
Based on the latest financial reports, Delpha Construction Co Ltd (2530) has net assets worth NT$10.30 Billion TWD (≈ $324.64 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$30.70 Billion ≈ $967.15 Million USD) and total liabilities (NT$20.39 Billion ≈ $642.51 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. Check Delpha Construction Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.30 Billion |
| % of Total Assets | 33.57% |
| Annual Growth Rate | 2.97% |
| 5-Year Change | 19.26% |
| 10-Year Change | 171.04% |
| Growth Volatility | 24.15 |
Delpha Construction Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Delpha Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. See 2530 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Delpha Construction Co Ltd (2002–2025)
The table below shows the annual net assets of Delpha Construction Co Ltd from 2002 to 2025. For live valuation and market cap data, see 2530 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.30 Billion ≈ $324.64 Million |
-3.93% |
| 2024-12-31 | NT$10.73 Billion ≈ $337.91 Million |
+0.44% |
| 2023-12-31 | NT$10.68 Billion ≈ $336.42 Million |
+1.52% |
| 2022-12-31 | NT$10.52 Billion ≈ $331.39 Million |
+21.74% |
| 2021-12-31 | NT$8.64 Billion ≈ $272.21 Million |
+34.99% |
| 2020-12-31 | NT$6.40 Billion ≈ $201.65 Million |
+89.84% |
| 2019-12-31 | NT$3.37 Billion ≈ $106.22 Million |
-3.48% |
| 2018-12-31 | NT$3.49 Billion ≈ $110.05 Million |
+0.88% |
| 2017-12-31 | NT$3.46 Billion ≈ $109.10 Million |
-8.91% |
| 2016-12-31 | NT$3.80 Billion ≈ $119.78 Million |
-0.46% |
| 2015-12-31 | NT$3.82 Billion ≈ $120.33 Million |
+28.50% |
| 2014-12-31 | NT$2.97 Billion ≈ $93.65 Million |
-5.84% |
| 2013-12-31 | NT$3.16 Billion ≈ $99.46 Million |
-3.69% |
| 2012-12-31 | NT$3.28 Billion ≈ $103.27 Million |
-1.13% |
| 2011-12-31 | NT$3.32 Billion ≈ $104.45 Million |
-0.93% |
| 2010-12-31 | NT$3.35 Billion ≈ $105.44 Million |
+17.42% |
| 2009-12-31 | NT$2.85 Billion ≈ $89.79 Million |
+17.09% |
| 2008-12-31 | NT$2.43 Billion ≈ $76.69 Million |
-20.72% |
| 2007-12-31 | NT$3.07 Billion ≈ $96.72 Million |
+7.25% |
| 2006-12-31 | NT$2.86 Billion ≈ $90.19 Million |
+9.57% |
| 2005-12-31 | NT$2.61 Billion ≈ $82.31 Million |
-39.28% |
| 2004-12-31 | NT$4.30 Billion ≈ $135.57 Million |
+7.63% |
| 2003-12-31 | NT$4.00 Billion ≈ $125.96 Million |
-23.99% |
| 2002-12-31 | NT$5.26 Billion ≈ $165.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Delpha 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 decreased by 2631300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$8.41 Billion | 83.41% |
| Other Components | NT$1.70 Billion | 16.85% |
| Total Equity | NT$10.09 Billion | 100.00% |
Delpha Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Delpha Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Huasheng Co Ltd
SHG:600156
|
$530.16 Million |
|
Cool Company Oy
OL:CLCO
|
$530.18 Million |
|
Innocean Worldwide Inc
KO:214320
|
$530.22 Million |
|
Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794
|
$530.37 Million |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
$529.96 Million |
|
Yantai Longyuan Power Tech
SHE:300105
|
$529.87 Million |
|
Duratec Ltd
AU:DUR
|
$529.73 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$529.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delpha Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,499,677,000 to 10,085,747,000, a change of -413,930,000 (-3.9%).
- Net income of 1,701,353,000 contributed positively to equity growth.
- Dividend payments of 1,612,131,000 reduced retained earnings.
- Other comprehensive income decreased equity by 452,160,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.70 Billion | +16.87% |
| Dividends Paid | NT$1.61 Billion | -15.98% |
| Other Comprehensive Income | NT$-452.16 Million | -4.48% |
| Other Changes | NT$-50.99 Million | -0.51% |
| Total Change | NT$- | -3.94% |
Book Value vs Market Value Analysis
This analysis compares Delpha 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: 1.74x
- 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 2.01x to 1.74x 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$9.93 | NT$20.00 | x |
| 2010-12-31 | NT$11.45 | NT$20.00 | x |
| 2011-12-31 | NT$11.37 | NT$20.00 | x |
| 2012-12-31 | NT$11.30 | NT$20.00 | x |
| 2013-12-31 | NT$10.62 | NT$20.00 | x |
| 2014-12-31 | NT$10.02 | NT$20.00 | x |
| 2015-12-31 | NT$12.33 | NT$20.00 | x |
| 2016-12-31 | NT$12.27 | NT$20.00 | x |
| 2017-12-31 | NT$11.16 | NT$20.00 | x |
| 2018-12-31 | NT$11.28 | NT$20.00 | x |
| 2019-12-31 | NT$10.72 | NT$20.00 | x |
| 2020-12-31 | NT$21.77 | NT$20.00 | x |
| 2021-12-31 | NT$14.37 | NT$20.00 | x |
| 2022-12-31 | NT$12.70 | NT$20.00 | x |
| 2023-12-31 | NT$12.43 | NT$20.00 | x |
| 2024-12-31 | NT$12.52 | NT$20.00 | x |
| 2025-12-31 | NT$11.50 | NT$20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delpha Construction Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.84%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.04x
- Recent ROE (16.87%) is above the historical average (5.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.69% | 4.57% | 0.05x | 2.77x | NT$-400.55 Million |
| 2006 | 5.77% | 10.69% | 0.17x | 3.23x | NT$-120.98 Million |
| 2007 | 2.64% | 2.38% | 0.57x | 1.95x | NT$-226.02 Million |
| 2009 | 11.75% | 20.49% | 0.27x | 2.16x | NT$49.88 Million |
| 2010 | 17.58% | 31.88% | 0.29x | 1.91x | NT$249.65 Million |
| 2011 | 8.04% | 20.01% | 0.19x | 2.16x | NT$-63.91 Million |
| 2012 | 1.64% | 20.26% | 0.04x | 2.22x | NT$-270.95 Million |
| 2013 | -1.16% | -5.83% | 0.07x | 2.65x | NT$-339.71 Million |
| 2014 | -6.06% | -1766.47% | 0.00x | 2.92x | NT$-461.19 Million |
| 2015 | 19.55% | 21.57% | 0.43x | 2.12x | NT$339.34 Million |
| 2016 | 11.90% | 17.87% | 0.38x | 1.76x | NT$67.31 Million |
| 2017 | -3.56% | -165.00% | 0.01x | 1.79x | NT$-435.07 Million |
| 2018 | 0.83% | 2.22% | 0.24x | 1.58x | NT$-297.57 Million |
| 2019 | -2.42% | -740.35% | 0.00x | 1.65x | NT$-386.60 Million |
| 2020 | -1.56% | -109.49% | 0.01x | 1.40x | NT$-710.48 Million |
| 2021 | -1.44% | -1382.81% | 0.00x | 2.09x | NT$-959.92 Million |
| 2022 | 4.39% | 22.65% | 0.10x | 1.98x | NT$-576.17 Million |
| 2023 | 4.89% | 26.19% | 0.08x | 2.27x | NT$-533.48 Million |
| 2024 | 15.52% | 26.73% | 0.21x | 2.77x | NT$579.51 Million |
| 2025 | 16.87% | 26.84% | 0.21x | 3.04x | NT$692.78 Million |
Industry Comparison
This section compares Delpha Construction Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $6,387,648,444
- Average return on equity (ROE) among peers: 3.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delpha Construction Co Ltd (2530) | NT$10.30 Billion | 0.69% | 1.98x | $530.08 Million |
| Tri Ocean Textile Co Ltd (1472) | $675.73 Million | -29.94% | 1.36x | $150.48 Million |
| United Integrated Services Co Ltd (2404) | $4.10 Billion | 7.78% | 0.84x | $7.52 Billion |
| Long Bon International Co Ltd (2514) | $8.55 Billion | 4.59% | 0.60x | $154.57 Million |
| BES Engineering Co (2515) | $22.93 Billion | 11.67% | 1.10x | $676.28 Million |
| New Asia Construction & Development Corp (2516) | $2.83 Billion | -1.22% | 2.28x | $95.17 Million |
| Kindom Construction Corp (2520) | $8.03 Billion | 4.00% | 1.08x | $676.18 Million |
| Da-Cin Construction Co Ltd (2535) | $6.54 Billion | 8.35% | 1.71x | $767.22 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $2.73 Billion | 4.16% | 0.92x | $734.35 Million |
| Kedge Construction Co Ltd (2546) | $1.10 Billion | 23.06% | 1.75x | $396.42 Million |
About Delpha Construction Co Ltd
Delpha Construction Co.,Ltd. constructs commercial buildings in Taiwan. It operates through three segments: Construction Department; Movable and Immovable Property Investment and Development Department; and Building Department. The Construction Department operates as a construction contractors; and develops public residential housing and commercial buildings for lease or sale. The Movable and Imm… Read more