Sakura Development Co Ltd (2539) - Net Assets
Based on the latest financial reports, Sakura Development Co Ltd (2539) has net assets worth NT$16.57 Billion TWD (≈ $522.18 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$32.84 Billion ≈ $1.03 Billion USD) and total liabilities (NT$16.27 Billion ≈ $512.45 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 Sakura Development Co Ltd (2539) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$16.57 Billion |
| % of Total Assets | 50.47% |
| Annual Growth Rate | 28.41% |
| 5-Year Change | 83.89% |
| 10-Year Change | 199.85% |
| Growth Volatility | 100.91 |
Sakura Development Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Sakura Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sakura Development Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sakura Development Co Ltd (2003–2024)
The table below shows the annual net assets of Sakura Development Co Ltd from 2003 to 2024. For live valuation and market cap data, see 2539 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.28 Billion ≈ $449.99 Million |
+21.09% |
| 2023-12-31 | NT$11.79 Billion ≈ $371.61 Million |
+18.41% |
| 2022-12-31 | NT$9.96 Billion ≈ $313.82 Million |
+17.33% |
| 2021-12-31 | NT$8.49 Billion ≈ $267.46 Million |
+9.30% |
| 2020-12-31 | NT$7.77 Billion ≈ $244.71 Million |
+7.38% |
| 2019-12-31 | NT$7.23 Billion ≈ $227.89 Million |
+25.54% |
| 2018-12-31 | NT$5.76 Billion ≈ $181.53 Million |
-1.70% |
| 2017-12-31 | NT$5.86 Billion ≈ $184.67 Million |
+8.06% |
| 2016-12-31 | NT$5.42 Billion ≈ $170.90 Million |
+13.88% |
| 2015-12-31 | NT$4.76 Billion ≈ $150.07 Million |
+19.15% |
| 2014-12-31 | NT$4.00 Billion ≈ $125.95 Million |
+35.62% |
| 2013-12-31 | NT$2.95 Billion ≈ $92.87 Million |
+43.95% |
| 2012-12-31 | NT$2.05 Billion ≈ $64.51 Million |
+5.60% |
| 2011-12-31 | NT$1.94 Billion ≈ $61.09 Million |
+12.61% |
| 2010-12-31 | NT$1.72 Billion ≈ $54.25 Million |
+13.71% |
| 2009-12-31 | NT$1.51 Billion ≈ $47.71 Million |
+3.68% |
| 2008-12-31 | NT$1.46 Billion ≈ $46.01 Million |
+179.68% |
| 2007-12-31 | NT$522.18 Million ≈ $16.45 Million |
+182.13% |
| 2006-12-31 | NT$185.09 Million ≈ $5.83 Million |
+27.43% |
| 2005-12-31 | NT$145.25 Million ≈ $4.58 Million |
-63.46% |
| 2004-12-31 | NT$397.53 Million ≈ $12.52 Million |
+431.47% |
| 2003-12-31 | NT$74.80 Million ≈ $2.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sakura 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 298613300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.99 Billion | 20.91% |
| Common Stock | NT$9.94 Billion | 69.61% |
| Other Components | NT$1.35 Billion | 9.48% |
| Total Equity | NT$14.28 Billion | 100.00% |
Sakura Development Co Ltd Competitors by Market Cap
The table below lists competitors of Sakura Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guizhou Broadcasting&TV Info
SHG:600996
|
$1.54 Billion |
|
SonoScape Medical Corp
SHE:300633
|
$1.54 Billion |
|
Serena Energia S.A.
SA:SRNA3
|
$1.54 Billion |
|
Swan Energy Limited
NSE:SWANENERGY
|
$1.54 Billion |
|
Foreign Trade Bank of Latin America Inc
NYSE:BLX
|
$1.54 Billion |
|
Hainan Development Holdings Nanhai Co Ltd
SHE:002163
|
$1.54 Billion |
|
Shenzhen Injoinic Technology Co. Ltd. A
SHG:688209
|
$1.54 Billion |
|
Compania Nationala de Transport al Energiei Electrice Transelectrica SA
RO:TEL
|
$1.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sakura Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,794,981,000 to 14,282,858,000, a change of 2,487,877,000 (21.1%).
- Net income of 2,830,457,000 contributed positively to equity growth.
- Dividend payments of 342,846,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.83 Billion | +19.82% |
| Dividends Paid | NT$342.85 Million | -2.4% |
| Other Changes | NT$266.00K | +0.0% |
| Total Change | NT$- | 21.09% |
Book Value vs Market Value Analysis
This analysis compares Sakura 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: 2.86x
- 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 17.24x to 2.86x 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$2.38 | NT$41.00 | x |
| 2010-12-31 | NT$2.70 | NT$41.00 | x |
| 2011-12-31 | NT$3.04 | NT$41.00 | x |
| 2012-12-31 | NT$3.21 | NT$41.00 | x |
| 2013-12-31 | NT$4.62 | NT$41.00 | x |
| 2014-12-31 | NT$6.26 | NT$41.00 | x |
| 2015-12-31 | NT$7.46 | NT$41.00 | x |
| 2016-12-31 | NT$8.50 | NT$41.00 | x |
| 2017-12-31 | NT$9.19 | NT$41.00 | x |
| 2018-12-31 | NT$7.98 | NT$41.00 | x |
| 2019-12-31 | NT$8.44 | NT$41.00 | x |
| 2020-12-31 | NT$9.09 | NT$41.00 | x |
| 2021-12-31 | NT$9.92 | NT$41.00 | x |
| 2022-12-31 | NT$11.62 | NT$41.00 | x |
| 2023-12-31 | NT$11.89 | NT$41.00 | x |
| 2024-12-31 | NT$14.36 | NT$41.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sakura 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): 19.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.38%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.21x
- Recent ROE (19.82%) is above the historical average (16.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 43.27% | 99.82% | 0.11x | 3.91x | NT$132.26 Million |
| 2008 | 1.80% | 6.79% | 0.20x | 1.31x | NT$-119.79 Million |
| 2009 | 3.55% | 7.98% | 0.39x | 1.13x | NT$-97.62 Million |
| 2010 | 12.36% | 15.41% | 0.66x | 1.22x | NT$40.60 Million |
| 2011 | 11.88% | 20.26% | 0.28x | 2.11x | NT$36.55 Million |
| 2012 | 6.31% | 20.57% | 0.14x | 2.15x | NT$-75.57 Million |
| 2013 | 33.61% | 31.75% | 0.51x | 2.07x | NT$696.10 Million |
| 2014 | 27.67% | 29.85% | 0.56x | 1.66x | NT$706.55 Million |
| 2015 | 21.08% | 30.01% | 0.39x | 1.81x | NT$527.92 Million |
| 2016 | 18.00% | 29.20% | 0.38x | 1.64x | NT$433.77 Million |
| 2017 | 16.84% | 23.60% | 0.38x | 1.90x | NT$400.63 Million |
| 2018 | 7.82% | 11.87% | 0.30x | 2.18x | NT$-125.88 Million |
| 2019 | 20.58% | 20.03% | 0.54x | 1.89x | NT$765.18 Million |
| 2020 | 10.58% | 17.81% | 0.25x | 2.34x | NT$45.42 Million |
| 2021 | 8.88% | 17.64% | 0.20x | 2.47x | NT$-94.94 Million |
| 2022 | 15.11% | 24.03% | 0.30x | 2.10x | NT$509.33 Million |
| 2023 | 16.23% | 27.11% | 0.28x | 2.14x | NT$735.37 Million |
| 2024 | 19.82% | 31.38% | 0.29x | 2.21x | NT$1.40 Billion |
Industry Comparison
This section compares Sakura Development 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: $9,894,407,700
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sakura Development Co Ltd (2539) | NT$16.57 Billion | 43.27% | 0.98x | $1.54 Billion |
| HUA YU LIEN Development Co Ltd (1436) | $3.49 Billion | 0.00% | 0.01x | $271.78 Million |
| Advancetek Enterprise Co Ltd (1442) | $811.58 Million | 0.00% | 0.76x | $302.29 Million |
| Better Life Group Co Ltd (1805) | $774.41 Million | 26.79% | 1.31x | $46.14 Million |
| Run Long Construction Co Ltd (1808) | $5.07 Billion | 2.31% | 6.26x | $807.49 Million |
| Jean Co Ltd (2442) | $5.43 Billion | 5.80% | 3.72x | $161.67 Million |
| Cathay Real Estate Development Co Ltd (2501) | $26.33 Billion | 3.22% | 1.59x | $845.73 Million |
| Kuo Yang Construction Co Ltd (2505) | $10.28 Billion | 1.92% | 1.18x | $211.91 Million |
| Pacific Construction Co Ltd (2506) | $7.35 Billion | 0.16% | 0.96x | $101.27 Million |
| Prince Housing & Development Corp (2511) | $25.98 Billion | 2.28% | 0.78x | $408.47 Million |
| King’s Town Construction Co Ltd (2524) | $13.42 Billion | 12.34% | 1.69x | $423.74 Million |
About Sakura Development Co Ltd
Sakura Development Co.,Ltd engages in the sale and lease of residential properties with focus on the Zhongzhangtou area in Taiwan. It also engages in construction of public housing and commercial buildings for leasing and selling, garden landscaping design and planning, and real estate investment planning, analysis, and diagnosis consulting services for construction companies. The company was fou… Read more