Shan-Loong Transportation Co Ltd (2616) - Net Assets
Based on the latest financial reports, Shan-Loong Transportation Co Ltd (2616) has net assets worth NT$3.14 Billion TWD (≈ $98.95 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$8.36 Billion ≈ $263.27 Million USD) and total liabilities (NT$5.22 Billion ≈ $164.32 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 2616 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.14 Billion |
| % of Total Assets | 37.58% |
| Annual Growth Rate | 5.82% |
| 5-Year Change | -26.36% |
| 10-Year Change | 34.84% |
| Growth Volatility | 11.03 |
Shan-Loong Transportation Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Shan-Loong Transportation Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shan-Loong Transportation Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shan-Loong Transportation Co Ltd (2003–2024)
The table below shows the annual net assets of Shan-Loong Transportation Co Ltd from 2003 to 2024. For live valuation and market cap data, see how much is Shan-Loong Transportation Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.89 Billion ≈ $122.40 Million |
-23.59% |
| 2023-12-31 | NT$5.08 Billion ≈ $160.18 Million |
+1.38% |
| 2022-12-31 | NT$5.02 Billion ≈ $158.01 Million |
-8.09% |
| 2021-12-31 | NT$5.46 Billion ≈ $171.92 Million |
+3.43% |
| 2020-12-31 | NT$5.28 Billion ≈ $166.21 Million |
+25.57% |
| 2019-12-31 | NT$4.20 Billion ≈ $132.37 Million |
+2.85% |
| 2018-12-31 | NT$4.09 Billion ≈ $128.71 Million |
-1.63% |
| 2017-12-31 | NT$4.15 Billion ≈ $130.83 Million |
+22.85% |
| 2016-12-31 | NT$3.38 Billion ≈ $106.50 Million |
+17.32% |
| 2015-12-31 | NT$2.88 Billion ≈ $90.77 Million |
-2.84% |
| 2014-12-31 | NT$2.97 Billion ≈ $93.43 Million |
+2.96% |
| 2013-12-31 | NT$2.88 Billion ≈ $90.74 Million |
+13.93% |
| 2012-12-31 | NT$2.53 Billion ≈ $79.65 Million |
+7.87% |
| 2011-12-31 | NT$2.34 Billion ≈ $73.83 Million |
+0.80% |
| 2010-12-31 | NT$2.32 Billion ≈ $73.24 Million |
+4.53% |
| 2009-12-31 | NT$2.22 Billion ≈ $70.07 Million |
+15.32% |
| 2008-12-31 | NT$1.93 Billion ≈ $60.76 Million |
+3.61% |
| 2007-12-31 | NT$1.86 Billion ≈ $58.64 Million |
+12.10% |
| 2006-12-31 | NT$1.66 Billion ≈ $52.31 Million |
+16.80% |
| 2005-12-31 | NT$1.42 Billion ≈ $44.79 Million |
+1.63% |
| 2004-12-31 | NT$1.40 Billion ≈ $44.07 Million |
+18.11% |
| 2003-12-31 | NT$1.18 Billion ≈ $37.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shan-Loong Transportation 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 95.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$668.67 Million | 18.18% |
| Common Stock | NT$1.37 Billion | 37.33% |
| Other Comprehensive Income | NT$1.08 Billion | 29.36% |
| Other Components | NT$556.39 Million | 15.13% |
| Total Equity | NT$3.68 Billion | 100.00% |
Shan-Loong Transportation Co Ltd Competitors by Market Cap
The table below lists competitors of Shan-Loong Transportation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shagrir Group Vehicle Services Ltd
TA:SHGR
|
$60.83 Million |
|
Daxor Corporation
NASDAQ:DXR
|
$60.84 Million |
|
JLS Co.Ltd
KQ:040420
|
$60.84 Million |
|
Chang Ho Fibre Corp
TW:1468
|
$60.90 Million |
|
Globaltec Formation Bhd
KLSE:5220
|
$60.81 Million |
|
ATrack Technology
TWO:6465
|
$60.80 Million |
|
Evertex Fabrinology Ltd
TW:1470
|
$60.80 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$60.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shan-Loong Transportation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,886,457,000 to 3,677,805,000, a change of -1,208,652,000 (-24.7%).
- Net loss of 466,015,000 reduced equity.
- Dividend payments of 58,449,000 reduced retained earnings.
- Other comprehensive income decreased equity by 135,600,000.
- Other factors decreased equity by 548,588,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-466.01 Million | -12.67% |
| Dividends Paid | NT$58.45 Million | -1.59% |
| Other Comprehensive Income | NT$-135.60 Million | -3.69% |
| Other Changes | NT$-548.59 Million | -14.92% |
| Total Change | NT$- | -24.73% |
Book Value vs Market Value Analysis
This analysis compares Shan-Loong Transportation 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: 0.52x
- 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 0.75x to 0.52x 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$18.99 | NT$14.20 | x |
| 2010-12-31 | NT$20.02 | NT$14.20 | x |
| 2011-12-31 | NT$19.96 | NT$14.20 | x |
| 2012-12-31 | NT$21.52 | NT$14.20 | x |
| 2013-12-31 | NT$24.52 | NT$14.20 | x |
| 2014-12-31 | NT$24.10 | NT$14.20 | x |
| 2015-12-31 | NT$20.15 | NT$14.20 | x |
| 2016-12-31 | NT$23.82 | NT$14.20 | x |
| 2017-12-31 | NT$29.23 | NT$14.20 | x |
| 2018-12-31 | NT$28.96 | NT$14.20 | x |
| 2019-12-31 | NT$29.45 | NT$14.20 | x |
| 2020-12-31 | NT$37.26 | NT$14.20 | x |
| 2021-12-31 | NT$38.47 | NT$14.20 | x |
| 2022-12-31 | NT$35.26 | NT$14.20 | x |
| 2023-12-31 | NT$35.89 | NT$14.20 | x |
| 2024-12-31 | NT$27.06 | NT$14.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shan-Loong Transportation 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): -12.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.30%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 2.41x
- Recent ROE (-12.67%) is below the historical average (7.60%), 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 | 10.97% | 2.68% | 2.04x | 2.00x | NT$11.48 Million |
| 2004 | 10.79% | 2.25% | 2.31x | 2.07x | NT$10.97 Million |
| 2005 | 9.61% | 1.53% | 2.68x | 2.35x | NT$-5.50 Million |
| 2006 | 9.03% | 1.43% | 3.21x | 1.97x | NT$-15.83 Million |
| 2007 | 9.44% | 1.50% | 3.02x | 2.08x | NT$-10.11 Million |
| 2008 | 6.85% | 1.03% | 3.55x | 1.87x | NT$-58.72 Million |
| 2009 | 7.13% | 1.32% | 2.70x | 2.00x | NT$-61.66 Million |
| 2010 | 10.48% | 1.53% | 3.56x | 1.92x | NT$10.82 Million |
| 2011 | 9.03% | 1.18% | 3.85x | 1.99x | NT$-21.69 Million |
| 2012 | 11.29% | 1.44% | 3.81x | 2.05x | NT$31.33 Million |
| 2013 | 9.03% | 1.26% | 3.56x | 2.02x | NT$-26.60 Million |
| 2014 | 8.04% | 1.11% | 3.38x | 2.13x | NT$-55.22 Million |
| 2015 | 7.81% | 1.34% | 2.82x | 2.06x | NT$-59.59 Million |
| 2016 | 11.01% | 2.28% | 2.38x | 2.03x | NT$32.67 Million |
| 2017 | 13.60% | 3.19% | 2.38x | 1.80x | NT$143.61 Million |
| 2018 | 5.98% | 1.24% | 2.56x | 1.88x | NT$-159.08 Million |
| 2019 | 7.24% | 1.62% | 2.02x | 2.22x | NT$-111.17 Million |
| 2020 | 7.30% | 2.33% | 1.59x | 1.97x | NT$-137.28 Million |
| 2021 | 7.91% | 2.21% | 1.82x | 1.97x | NT$-110.10 Million |
| 2022 | 5.98% | 1.56% | 1.89x | 2.03x | NT$-193.86 Million |
| 2023 | 1.34% | 0.40% | 1.50x | 2.24x | NT$-423.40 Million |
| 2024 | -12.67% | -4.30% | 1.23x | 2.41x | NT$-833.80 Million |
Industry Comparison
This section compares Shan-Loong Transportation Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $9,009,923,667
- Average return on equity (ROE) among peers: 13.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shan-Loong Transportation Co Ltd (2616) | NT$3.14 Billion | 10.97% | 1.66x | $60.81 Million |
| Tsann Kuen Enterprise Co Ltd (2430) | $4.67 Billion | 4.54% | 1.83x | $73.41 Million |
| Collins Co Ltd (2906) | $6.51 Billion | 1.82% | 0.76x | $81.70 Million |
| Gseven Co Ltd (2937) | $388.06 Million | 6.75% | 1.30x | $60.02 Million |
| Taiwan Mobile Co Ltd (3045) | $58.52 Billion | 26.63% | 1.36x | $10.62 Billion |
| Scan-D (6195) | $979.14 Million | 22.34% | 0.62x | $37.48 Million |
| E-Life Mall Corp (6281) | $2.40 Billion | 16.89% | 0.88x | $156.22 Million |
| Bon Fame Co Ltd (8433) | $1.32 Billion | 24.71% | 1.00x | $93.77 Million |
| North-Star International Co Ltd (8927) | $2.38 Billion | 5.07% | 1.81x | $267.54 Million |
| National Petroleum Co Ltd (9937) | $3.93 Billion | 9.82% | 1.07x | $549.14 Million |
About Shan-Loong Transportation Co Ltd
Shan-Loong Transportation Co.,Ltd engages in the transportation, logistics, and fuel businesses in Taiwan, Mainland China, and Vietnam. It provides the container, bulk, fuel, and hazardous material transportation services. The company also offers import/export, container loading/unloading, warehouse management, order processing, temperature warehousing, delivery, and reverse logistics, as well as… Read more