Delpha Construction Co Ltd (2530) - Net Assets
Based on the latest financial reports, Delpha Construction Co Ltd (2530) has net assets worth NT$10.93 Billion TWD (≈ $344.29 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$31.75 Billion ≈ $1.00 Billion USD) and total liabilities (NT$20.82 Billion ≈ $655.89 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 2530 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.93 Billion |
| % of Total Assets | 34.42% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | 67.57% |
| 10-Year Change | 180.82% |
| Growth Volatility | 24.61 |
Delpha Construction Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Delpha Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Delpha Construction Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Delpha Construction Co Ltd (2002–2024)
The table below shows the annual net assets of Delpha Construction Co Ltd from 2002 to 2024. For live valuation and market cap data, see 2530 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 39114600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$391.15 Million | 3.73% |
| Common Stock | NT$8.40 Billion | 80.00% |
| Other Comprehensive Income | NT$452.16 Million | 4.31% |
| Other Components | NT$1.26 Billion | 11.97% |
| Total Equity | NT$10.50 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 |
|---|---|
|
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
|
$551.89 Million |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
$552.07 Million |
|
Dongwon System
KO:014820
|
$552.08 Million |
|
Jiangxi Sunshine Dairy Co Ltd
SHE:001318
|
$552.18 Million |
|
Palm Landscape Architecture Co Ltd
SHE:002431
|
$551.77 Million |
|
COINSHARES I. LS-000247
F:3TW
|
$551.65 Million |
|
American Coastal Insurance Corp
NASDAQ:ACIC
|
$551.54 Million |
|
Guanhao Biotech Co Ltd
SHE:300238
|
$551.36 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 2023 to 2024, total equity changed from 10,445,272,000 to 10,499,677,000, a change of 54,405,000 (0.5%).
- Net income of 1,629,482,000 contributed positively to equity growth.
- Dividend payments of 1,575,690,000 reduced retained earnings.
- Other comprehensive income increased equity by 174,514,000.
- Other factors decreased equity by 173,901,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.63 Billion | +15.52% |
| Dividends Paid | NT$1.58 Billion | -15.01% |
| Other Comprehensive Income | NT$174.51 Million | +1.66% |
| Other Changes | NT$-173.90 Million | -1.66% |
| Total Change | NT$- | 0.52% |
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: 1.67x
- 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 2.10x to 1.67x 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$20.85 | x |
| 2010-12-31 | NT$11.45 | NT$20.85 | x |
| 2011-12-31 | NT$11.37 | NT$20.85 | x |
| 2012-12-31 | NT$11.30 | NT$20.85 | x |
| 2013-12-31 | NT$10.62 | NT$20.85 | x |
| 2014-12-31 | NT$10.02 | NT$20.85 | x |
| 2015-12-31 | NT$12.33 | NT$20.85 | x |
| 2016-12-31 | NT$12.27 | NT$20.85 | x |
| 2017-12-31 | NT$11.16 | NT$20.85 | x |
| 2018-12-31 | NT$11.28 | NT$20.85 | x |
| 2019-12-31 | NT$10.72 | NT$20.85 | x |
| 2020-12-31 | NT$21.77 | NT$20.85 | x |
| 2021-12-31 | NT$14.37 | NT$20.85 | x |
| 2022-12-31 | NT$12.70 | NT$20.85 | x |
| 2023-12-31 | NT$12.43 | NT$20.85 | x |
| 2024-12-31 | NT$12.52 | NT$20.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delpha Construction Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.73%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.77x
- Recent ROE (15.52%) is above the historical average (4.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.69% | 4.57% | 0.05x | 2.77x | NT$-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 |
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: $6,313,259,889
- Average return on equity (ROE) among peers: 9.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delpha Construction Co Ltd (2530) | NT$10.93 Billion | 0.69% | 1.91x | $551.78 Million |
| Tri Ocean Textile Co Ltd (1472) | $1.42 Billion | 9.97% | 0.87x | $147.67 Million |
| United Integrated Services Co Ltd (2404) | $4.36 Billion | 2.90% | 0.88x | $5.64 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $150.06 Million |
| BES Engineering Co (2515) | $20.42 Billion | 3.03% | 1.06x | $661.08 Million |
| New Asia Construction & Development Corp (2516) | $1.82 Billion | 2.97% | 2.45x | $97.31 Million |
| Da-Cin Construction Co Ltd (2535) | $8.83 Billion | 13.87% | 1.48x | $590.36 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $783.30 Million |
| Kedge Construction Co Ltd (2546) | $2.53 Billion | 16.09% | 1.76x | $347.48 Million |
| Ruentex Engineering & Construction Co Ltd (2597) | $8.21 Billion | 22.43% | 1.12x | $1.54 Billion |
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