Taichung Commercial Bank Co Ltd
Taichung Commercial Bank Co., Ltd., together with its subsidiaries, provides various banking products and services in Taiwan, rest of Asia, and America. The company offers various deposit products, such as savings accounts and time deposit accounts, as well as ATM card services; and foreign currency services, including foreign currency demand deposits, cash, travel checks, and remittances. It als… Read more
Taichung Commercial Bank Co Ltd (2812) - Net Assets
Latest net assets as of September 2025: NT$87.76 Billion TWD
Based on the latest financial reports, Taichung Commercial Bank Co Ltd (2812) has net assets worth NT$87.76 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$994.19 Billion) and total liabilities (NT$906.42 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$87.76 Billion |
| % of Total Assets | 8.83% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | 43.21% |
| 10-Year Change | 105.51% |
| Growth Volatility | 22.43 |
Taichung Commercial Bank Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Taichung Commercial Bank Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taichung Commercial Bank Co Ltd (2005–2024)
The table below shows the annual net assets of Taichung Commercial Bank Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$82.09 Billion | +7.29% |
| 2023-12-31 | NT$76.51 Billion | +10.52% |
| 2022-12-31 | NT$69.23 Billion | +9.09% |
| 2021-12-31 | NT$63.46 Billion | +10.71% |
| 2020-12-31 | NT$57.32 Billion | +11.72% |
| 2019-12-31 | NT$51.31 Billion | +7.29% |
| 2018-12-31 | NT$47.82 Billion | +10.19% |
| 2017-12-31 | NT$43.40 Billion | +4.88% |
| 2016-12-31 | NT$41.38 Billion | +3.59% |
| 2015-12-31 | NT$39.95 Billion | +11.72% |
| 2014-12-31 | NT$35.76 Billion | +15.79% |
| 2013-12-31 | NT$30.88 Billion | +10.65% |
| 2012-12-31 | NT$27.91 Billion | +10.52% |
| 2011-12-31 | NT$25.25 Billion | +30.07% |
| 2010-12-31 | NT$19.42 Billion | +26.39% |
| 2009-12-31 | NT$15.36 Billion | -0.93% |
| 2008-12-31 | NT$15.50 Billion | -2.19% |
| 2007-12-31 | NT$15.85 Billion | +90.41% |
| 2006-12-31 | NT$8.33 Billion | -36.10% |
| 2005-12-31 | NT$13.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taichung Commercial Bank 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 884887700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$8.85 Billion | 10.78% |
| Common Stock | NT$55.19 Billion | 67.23% |
| Other Components | NT$18.05 Billion | 21.99% |
| Total Equity | NT$82.09 Billion | 100.00% |
Taichung Commercial Bank Co Ltd Competitors by Market Cap
The table below lists competitors of Taichung Commercial Bank Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Oriental Pearl Media Co Ltd
SHG:600637
|
$2.48 Billion |
|
Saipem SpA
PINK:SAPMF
|
$2.48 Billion |
|
De Grey Mining Ltd
PINK:DGMLF
|
$2.48 Billion |
|
EDP Renovaveis
PINK:EDRVF
|
$2.48 Billion |
|
Perpetua Resources Corp
NASDAQ:PPTA
|
$2.48 Billion |
|
ESR Cayman Limited
PINK:ESRCF
|
$2.48 Billion |
|
AUTO1 Group SE
PINK:ATOGF
|
$2.48 Billion |
|
Zhongtai Securities Co Ltd
SHG:600918
|
$2.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taichung Commercial Bank Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,514,984,000 to 82,091,384,000, a change of 5,576,400,000 (7.3%).
- Net income of 8,291,863,000 contributed positively to equity growth.
- Dividend payments of 2,090,438,000 reduced retained earnings.
- Other comprehensive income decreased equity by 15,895,690,000.
- Other factors increased equity by 15,270,665,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$8.29 Billion | +10.1% |
| Dividends Paid | NT$2.09 Billion | -2.55% |
| Other Comprehensive Income | NT$-15.90 Billion | -19.36% |
| Other Changes | NT$15.27 Billion | +18.6% |
| Total Change | NT$- | 7.29% |
Book Value vs Market Value Analysis
This analysis compares Taichung Commercial Bank 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: 1.39x
- 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 5.36x to 1.39x 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$3.84 | NT$20.55 | x |
| 2007-12-31 | NT$7.30 | NT$20.55 | x |
| 2008-12-31 | NT$6.50 | NT$20.55 | x |
| 2009-12-31 | NT$6.48 | NT$20.55 | x |
| 2010-12-31 | NT$7.99 | NT$20.55 | x |
| 2011-12-31 | NT$7.61 | NT$20.55 | x |
| 2012-12-31 | NT$6.79 | NT$20.55 | x |
| 2013-12-31 | NT$7.52 | NT$20.55 | x |
| 2014-12-31 | NT$8.72 | NT$20.55 | x |
| 2015-12-31 | NT$9.68 | NT$20.55 | x |
| 2016-12-31 | NT$9.60 | NT$20.55 | x |
| 2017-12-31 | NT$10.07 | NT$20.55 | x |
| 2018-12-31 | NT$11.06 | NT$20.55 | x |
| 2019-12-31 | NT$10.84 | NT$20.55 | x |
| 2020-12-31 | NT$12.74 | NT$20.55 | x |
| 2021-12-31 | NT$13.31 | NT$20.55 | x |
| 2022-12-31 | NT$13.90 | NT$20.55 | x |
| 2023-12-31 | NT$13.80 | NT$20.55 | x |
| 2024-12-31 | NT$14.81 | NT$20.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taichung Commercial Bank Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.71%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 11.84x
- Recent ROE (10.10%) is above the historical average (4.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -56.49% | -146.87% | 0.01x | 31.16x | NT$-5.54 Billion |
| 2007 | 11.21% | 18.58% | 0.04x | 16.57x | NT$191.48 Million |
| 2008 | 1.33% | 2.10% | 0.03x | 18.39x | NT$-1.34 Billion |
| 2009 | 0.12% | 0.27% | 0.02x | 20.14x | NT$-1.52 Billion |
| 2010 | 2.12% | 6.08% | 0.02x | 17.53x | NT$-1.53 Billion |
| 2011 | 5.76% | 17.98% | 0.02x | 15.22x | NT$-1.07 Billion |
| 2012 | 10.05% | 26.83% | 0.02x | 15.94x | NT$13.34 Million |
| 2013 | 9.91% | 23.78% | 0.03x | 16.07x | NT$-27.87 Million |
| 2014 | 10.45% | 24.90% | 0.03x | 14.82x | NT$162.68 Million |
| 2015 | 8.70% | 24.33% | 0.02x | 14.41x | NT$-517.57 Million |
| 2016 | 8.49% | 23.19% | 0.02x | 15.15x | NT$-623.39 Million |
| 2017 | 8.37% | 22.50% | 0.02x | 15.28x | NT$-707.65 Million |
| 2018 | 8.38% | 24.53% | 0.02x | 14.45x | NT$-774.00 Million |
| 2019 | 8.42% | 25.15% | 0.03x | 13.31x | NT$-811.04 Million |
| 2020 | 7.02% | 25.96% | 0.02x | 12.85x | NT$-1.71 Billion |
| 2021 | 7.56% | 28.73% | 0.02x | 12.18x | NT$-1.55 Billion |
| 2022 | 7.72% | 26.93% | 0.02x | 11.67x | NT$-1.58 Billion |
| 2023 | 8.92% | 24.87% | 0.03x | 11.47x | NT$-830.06 Million |
| 2024 | 10.10% | 25.71% | 0.03x | 11.84x | NT$82.72 Million |
Industry Comparison
This section compares Taichung Commercial Bank Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $51,980,918,111
- Average return on equity (ROE) among peers: 8.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taichung Commercial Bank Co Ltd (2812) | NT$87.76 Billion | -56.49% | 10.33x | $2.48 Billion |
| China Man-Made Fiber Corp (1718) | $18.97 Billion | 18.39% | 0.40x | $218.37 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $119.24 Billion | 9.14% | 14.23x | $5.10 Billion |
| King’s Town Bank (2809) | $46.58 Billion | 11.79% | 5.99x | $1.04 Billion |
| Taiwan Business Bank (2834) | $75.82 Billion | 6.65% | 19.89x | $3.23 Billion |
| Bank of Kaohsiung Ltd (2836) | $14.45 Billion | 3.32% | 17.55x | $258.57 Million |
| Union Bank of Taiwan (2838) | $16.54 Billion | 0.42% | 10.20x | $607.02 Million |
| Far Eastern International Bank (2845) | $61.25 Billion | 7.02% | 12.93x | $1.51 Billion |
| EnTie Commercial Bank Ltd (2849) | $25.23 Billion | 10.47% | 12.80x | $152.68 Million |
| Hua Nan Financial Holdings Co Ltd (2880) | $89.75 Billion | 10.18% | 18.06x | $10.28 Billion |