Evergreen International Storage & Transport Corp
Evergreen International Storage & Transport Corporation, together with its subsidiaries, provides inland container transport services in Taiwan and internationally. The company offers inland container terminal services, including lifting operations, and control of inbound and outbound containers; warehousing and inspection of inbound container cargos; warehousing of LCL outbound cargos; operation… Read more
Evergreen International Storage & Transport Corp (2607) - Net Assets
Latest net assets as of September 2025: NT$29.94 Billion TWD
Based on the latest financial reports, Evergreen International Storage & Transport Corp (2607) has net assets worth NT$29.94 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$45.32 Billion) and total liabilities (NT$15.38 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$29.94 Billion |
| % of Total Assets | 66.06% |
| Annual Growth Rate | 3.15% |
| 5-Year Change | 53.83% |
| 10-Year Change | 66.94% |
| Growth Volatility | 5.13 |
Evergreen International Storage & Transport Corp - Net Assets Trend (2002–2024)
This chart illustrates how Evergreen International Storage & Transport Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Evergreen International Storage & Transport Corp (2002–2024)
The table below shows the annual net assets of Evergreen International Storage & Transport Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$35.92 Billion | +12.71% |
| 2023-12-31 | NT$31.87 Billion | +6.86% |
| 2022-12-31 | NT$29.82 Billion | +7.54% |
| 2021-12-31 | NT$27.73 Billion | +18.76% |
| 2020-12-31 | NT$23.35 Billion | +2.31% |
| 2019-12-31 | NT$22.82 Billion | +1.30% |
| 2018-12-31 | NT$22.53 Billion | +3.87% |
| 2017-12-31 | NT$21.69 Billion | -0.63% |
| 2016-12-31 | NT$21.83 Billion | +1.45% |
| 2015-12-31 | NT$21.52 Billion | +1.61% |
| 2014-12-31 | NT$21.18 Billion | +6.97% |
| 2013-12-31 | NT$19.80 Billion | -0.93% |
| 2012-12-31 | NT$19.98 Billion | -1.59% |
| 2011-12-31 | NT$20.30 Billion | -4.84% |
| 2010-12-31 | NT$21.34 Billion | +5.53% |
| 2009-12-31 | NT$20.22 Billion | +5.16% |
| 2008-12-31 | NT$19.23 Billion | -1.56% |
| 2007-12-31 | NT$19.53 Billion | -0.60% |
| 2006-12-31 | NT$19.65 Billion | +3.30% |
| 2005-12-31 | NT$19.02 Billion | +4.78% |
| 2004-12-31 | NT$18.15 Billion | -0.30% |
| 2003-12-31 | NT$18.21 Billion | +0.29% |
| 2002-12-31 | NT$18.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evergreen International Storage & Transport 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 560.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.93 Billion | 33.54% |
| Common Stock | NT$10.67 Billion | 30.01% |
| Other Components | NT$12.96 Billion | 36.45% |
| Total Equity | NT$35.56 Billion | 100.00% |
Evergreen International Storage & Transport Corp Competitors by Market Cap
The table below lists competitors of Evergreen International Storage & Transport Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Groupe Gorgé SA
PINK:GGRGF
|
$408.35 Million |
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
$408.37 Million |
|
Il Dong Pharmaceutical Co Ltd
KO:249420
|
$408.45 Million |
|
Anavex Life Sciences Corp
NASDAQ:AVXL
|
$408.51 Million |
|
Viaplay Group AB (publ)
ST:VPLAY-B
|
$408.26 Million |
|
TechnoPro Holdings Inc
PINK:TCCPY
|
$408.17 Million |
|
Scandi Standard publ AB
ST:SCST
|
$408.14 Million |
|
Guardian Capital Group Limited
PINK:GRCGF
|
$408.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evergreen International Storage & Transport Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,569,006,000 to 35,557,707,000, a change of 3,988,701,000 (12.6%).
- Net income of 2,777,275,000 contributed positively to equity growth.
- Dividend payments of 1,173,855,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,586,165,000.
- Other factors increased equity by 12,971,446,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.78 Billion | +7.81% |
| Dividends Paid | NT$1.17 Billion | -3.3% |
| Other Comprehensive Income | NT$-10.59 Billion | -29.77% |
| Other Changes | NT$12.97 Billion | +36.48% |
| Total Change | NT$- | 12.63% |
Book Value vs Market Value Analysis
This analysis compares Evergreen International Storage & Transport 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: 1.62x
- 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 2.93x to 1.62x 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$18.40 | NT$53.90 | x |
| 2007-12-31 | NT$18.24 | NT$53.90 | x |
| 2008-12-31 | NT$17.91 | NT$53.90 | x |
| 2009-12-31 | NT$18.80 | NT$53.90 | x |
| 2010-12-31 | NT$19.85 | NT$53.90 | x |
| 2011-12-31 | NT$18.88 | NT$53.90 | x |
| 2012-12-31 | NT$18.57 | NT$53.90 | x |
| 2013-12-31 | NT$18.37 | NT$53.90 | x |
| 2014-12-31 | NT$19.66 | NT$53.90 | x |
| 2015-12-31 | NT$20.00 | NT$53.90 | x |
| 2016-12-31 | NT$20.29 | NT$53.90 | x |
| 2017-12-31 | NT$20.17 | NT$53.90 | x |
| 2018-12-31 | NT$20.95 | NT$53.90 | x |
| 2019-12-31 | NT$21.22 | NT$53.90 | x |
| 2020-12-31 | NT$21.86 | NT$53.90 | x |
| 2021-12-31 | NT$25.89 | NT$53.90 | x |
| 2022-12-31 | NT$27.69 | NT$53.90 | x |
| 2023-12-31 | NT$29.55 | NT$53.90 | x |
| 2024-12-31 | NT$33.29 | NT$53.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evergreen International Storage & Transport Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.07%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.33x
- Recent ROE (7.81%) is above the historical average (4.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.01% | 2.88% | 0.54x | 1.95x | NT$-1.27 Billion |
| 2003 | 3.09% | 8.11% | 0.23x | 1.69x | NT$-1.26 Billion |
| 2004 | 5.06% | 13.32% | 0.26x | 1.46x | NT$-896.55 Million |
| 2005 | 7.03% | 19.52% | 0.26x | 1.39x | NT$-563.81 Million |
| 2006 | 6.52% | 19.20% | 0.26x | 1.31x | NT$-681.73 Million |
| 2007 | 4.62% | 13.55% | 0.27x | 1.24x | NT$-1.05 Billion |
| 2008 | 4.92% | 14.08% | 0.29x | 1.20x | NT$-971.16 Million |
| 2009 | 3.34% | 11.84% | 0.24x | 1.16x | NT$-1.34 Billion |
| 2010 | 5.11% | 18.19% | 0.25x | 1.14x | NT$-1.04 Billion |
| 2011 | 4.03% | 13.56% | 0.26x | 1.16x | NT$-1.20 Billion |
| 2012 | 2.58% | 8.38% | 0.26x | 1.18x | NT$-1.47 Billion |
| 2013 | 2.96% | 9.50% | 0.25x | 1.22x | NT$-1.38 Billion |
| 2014 | 3.18% | 9.93% | 0.21x | 1.53x | NT$-1.43 Billion |
| 2015 | 3.95% | 11.48% | 0.22x | 1.59x | NT$-1.29 Billion |
| 2016 | 3.74% | 10.85% | 0.22x | 1.56x | NT$-1.36 Billion |
| 2017 | 4.10% | 11.69% | 0.23x | 1.54x | NT$-1.27 Billion |
| 2018 | 3.86% | 11.16% | 0.23x | 1.48x | NT$-1.38 Billion |
| 2019 | 3.70% | 10.84% | 0.22x | 1.54x | NT$-1.43 Billion |
| 2020 | 2.92% | 9.79% | 0.20x | 1.50x | NT$-1.65 Billion |
| 2021 | 3.85% | 11.99% | 0.21x | 1.51x | NT$-1.70 Billion |
| 2022 | 11.93% | 20.05% | 0.42x | 1.42x | NT$571.42 Million |
| 2023 | 8.63% | 16.61% | 0.38x | 1.38x | NT$-433.83 Million |
| 2024 | 7.81% | 13.07% | 0.45x | 1.33x | NT$-778.50 Million |
Industry Comparison
This section compares Evergreen International Storage & Transport Corp's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $3,122,249,375
- Average return on equity (ROE) among peers: 13.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evergreen International Storage & Transport Corp (2607) | NT$29.94 Billion | 3.01% | 0.51x | $408.34 Million |
| Lily Textile Co Ltd (1443) | $2.88 Billion | 0.00% | 1.35x | $40.64 Million |
| Chinese Maritime Transport Ltd (2612) | $9.43 Billion | 1.04% | 1.13x | $111.34 Million |
| T3EX Global Holdings Corp (2636) | $2.39 Billion | 10.04% | 1.16x | $185.54 Million |
| Taiwan Pelican Express Co Ltd (2642) | $1.73 Billion | 9.35% | 1.07x | $32.17 Million |
| Soonest Express Co Ltd (2643) | $1.54 Billion | 32.57% | 0.63x | $28.36 Million |
| Taiwan Allied Container Terminal (5601) | $1.37 Billion | 1.39% | 0.35x | $29.39 Million |
| Sea & Land Integrated Co (5603) | $1.21 Billion | -0.98% | 0.93x | $35.78 Million |
| Dimerco Express (5609) | $4.43 Billion | 52.10% | 1.20x | $248.24 Million |