Hua Nan Financial Holdings Co Ltd
Hua Nan Financial Holdings Co., Ltd., together with its subsidiaries, provides financial services in Taiwan and internationally. It operates through Bank, Securities, Insurance, and Other segments. The company provides various banking services, including commercial banking, offshore banking, overseas branch banking, and other banking services. It also engages in the trust business planning, manag… Read more
Hua Nan Financial Holdings Co Ltd (2880) - Net Assets
Latest net assets as of September 2025: NT$227.87 Billion TWD
Based on the latest financial reports, Hua Nan Financial Holdings Co Ltd (2880) has net assets worth NT$227.87 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$4.25 Trillion) and total liabilities (NT$4.02 Trillion). 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$227.87 Billion |
| % of Total Assets | 5.36% |
| Annual Growth Rate | 4.19% |
| 5-Year Change | 16.34% |
| 10-Year Change | 43.96% |
| Growth Volatility | 10.52 |
Hua Nan Financial Holdings Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Hua Nan Financial Holdings 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 Hua Nan Financial Holdings Co Ltd (2001–2024)
The table below shows the annual net assets of Hua Nan Financial Holdings Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$220.35 Billion | +6.03% |
| 2023-12-31 | NT$207.81 Billion | +12.44% |
| 2022-12-31 | NT$184.83 Billion | -7.91% |
| 2021-12-31 | NT$200.71 Billion | +5.97% |
| 2020-12-31 | NT$189.40 Billion | +0.37% |
| 2019-12-31 | NT$188.70 Billion | +8.35% |
| 2018-12-31 | NT$174.16 Billion | +6.04% |
| 2017-12-31 | NT$164.23 Billion | +3.30% |
| 2016-12-31 | NT$158.98 Billion | +3.86% |
| 2015-12-31 | NT$153.07 Billion | +6.34% |
| 2014-12-31 | NT$143.94 Billion | +6.11% |
| 2013-12-31 | NT$135.66 Billion | +2.17% |
| 2012-12-31 | NT$132.78 Billion | +5.79% |
| 2011-12-31 | NT$125.52 Billion | +25.10% |
| 2010-12-31 | NT$100.34 Billion | +7.04% |
| 2009-12-31 | NT$93.74 Billion | +4.44% |
| 2008-12-31 | NT$89.75 Billion | -2.43% |
| 2007-12-31 | NT$91.98 Billion | +1.42% |
| 2006-12-31 | NT$90.70 Billion | +1.25% |
| 2005-12-31 | NT$89.58 Billion | +11.12% |
| 2004-12-31 | NT$80.61 Billion | +13.55% |
| 2003-12-31 | NT$70.99 Billion | +22.07% |
| 2002-12-31 | NT$58.16 Billion | -32.15% |
| 2001-12-31 | NT$85.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hua Nan Financial Holdings 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 24450.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$37.62 Billion | 17.07% |
| Common Stock | NT$137.79 Billion | 62.53% |
| Other Comprehensive Income | NT$27.17 Billion | 12.33% |
| Other Components | NT$17.77 Billion | 8.06% |
| Total Equity | NT$220.35 Billion | 100.00% |
Hua Nan Financial Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Hua Nan Financial Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AB SKF (publ)
PINK:SKUFF
|
$10.28 Billion |
|
Bayer Aktiengesellschaft
F:BAYA
|
$10.29 Billion |
|
ARC Resources Ltd.
PINK:AETUF
|
$10.30 Billion |
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$10.32 Billion |
|
Topbuild Corp
NYSE:BLD
|
$10.27 Billion |
|
Modine Manufacturing Company
NYSE:MOD
|
$10.27 Billion |
|
BT Group plc
PINK:BTGOF
|
$10.27 Billion |
|
Winbond Electronics Corp
TW:2344
|
$10.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hua Nan Financial Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 207,810,082,000 to 220,350,467,000, a change of 12,540,385,000 (6.0%).
- Net income of 23,132,593,000 contributed positively to equity growth.
- Dividend payments of 16,318,053,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,334,659,000.
- Other factors increased equity by 9,060,504,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$23.13 Billion | +10.5% |
| Dividends Paid | NT$16.32 Billion | -7.41% |
| Other Comprehensive Income | NT$-3.33 Billion | -1.51% |
| Other Changes | NT$9.06 Billion | +4.11% |
| Total Change | NT$- | 6.03% |
Book Value vs Market Value Analysis
This analysis compares Hua Nan Financial Holdings 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: 2.12x
- 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 4.42x to 2.12x 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$7.66 | NT$33.85 | x |
| 2007-12-31 | NT$7.78 | NT$33.85 | x |
| 2008-12-31 | NT$7.59 | NT$33.85 | x |
| 2009-12-31 | NT$8.36 | NT$33.85 | x |
| 2010-12-31 | NT$9.13 | NT$33.85 | x |
| 2011-12-31 | NT$10.66 | NT$33.85 | x |
| 2012-12-31 | NT$9.73 | NT$33.85 | x |
| 2013-12-31 | NT$9.94 | NT$33.85 | x |
| 2014-12-31 | NT$10.55 | NT$33.85 | x |
| 2015-12-31 | NT$11.22 | NT$33.85 | x |
| 2016-12-31 | NT$11.65 | NT$33.85 | x |
| 2017-12-31 | NT$12.04 | NT$33.85 | x |
| 2018-12-31 | NT$12.77 | NT$33.85 | x |
| 2019-12-31 | NT$13.83 | NT$33.85 | x |
| 2020-12-31 | NT$13.88 | NT$33.85 | x |
| 2021-12-31 | NT$14.71 | NT$33.85 | x |
| 2022-12-31 | NT$13.55 | NT$33.85 | x |
| 2023-12-31 | NT$15.09 | NT$33.85 | x |
| 2024-12-31 | NT$16.00 | NT$33.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hua Nan Financial Holdings Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.47%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 19.27x
- Recent ROE (10.50%) is above the historical average (8.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.18% | 0.21% | 0.06x | 14.86x | NT$-8.42 Billion |
| 2003 | 14.23% | 13.41% | 0.05x | 20.64x | NT$3.00 Billion |
| 2004 | 13.36% | 19.29% | 0.04x | 19.73x | NT$2.71 Billion |
| 2005 | 10.64% | 15.48% | 0.04x | 18.66x | NT$570.22 Million |
| 2006 | 8.77% | 12.96% | 0.04x | 18.47x | NT$-1.12 Billion |
| 2007 | 10.00% | 13.86% | 0.04x | 18.14x | NT$914.90K |
| 2008 | 10.18% | 15.39% | 0.03x | 19.06x | NT$164.93 Million |
| 2009 | 4.75% | 10.11% | 0.02x | 19.38x | NT$-4.92 Billion |
| 2010 | 6.06% | 15.35% | 0.02x | 18.74x | NT$-3.95 Billion |
| 2011 | 6.81% | 20.19% | 0.02x | 15.74x | NT$-4.01 Billion |
| 2012 | 6.73% | 19.77% | 0.02x | 15.53x | NT$-4.34 Billion |
| 2013 | 7.41% | 21.45% | 0.02x | 15.96x | NT$-3.51 Billion |
| 2014 | 9.12% | 24.93% | 0.02x | 15.70x | NT$-1.26 Billion |
| 2015 | 9.20% | 26.53% | 0.02x | 15.35x | NT$-1.23 Billion |
| 2016 | 8.86% | 25.59% | 0.02x | 16.01x | NT$-1.81 Billion |
| 2017 | 7.32% | 21.18% | 0.02x | 15.67x | NT$-4.41 Billion |
| 2018 | 8.40% | 22.79% | 0.02x | 15.41x | NT$-2.79 Billion |
| 2019 | 8.46% | 24.04% | 0.02x | 14.48x | NT$-2.91 Billion |
| 2020 | 4.57% | 16.72% | 0.02x | 16.37x | NT$-10.29 Billion |
| 2021 | 8.57% | 29.00% | 0.02x | 17.24x | NT$-2.86 Billion |
| 2022 | 9.36% | 23.00% | 0.02x | 19.64x | NT$-1.17 Billion |
| 2023 | 10.40% | 18.09% | 0.03x | 18.62x | NT$837.29 Million |
| 2024 | 10.50% | 16.47% | 0.03x | 19.27x | NT$1.10 Billion |
Industry Comparison
This section compares Hua Nan Financial Holdings Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $85,088,892,111
- Average return on equity (ROE) among peers: 4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hua Nan Financial Holdings Co Ltd (2880) | NT$227.87 Billion | 0.18% | 17.64x | $10.28 Billion |
| China Man-Made Fiber Corp (1718) | $50.92 Billion | -0.40% | 11.87x | $221.62 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $188.00 Billion | 6.91% | 14.43x | $5.10 Billion |
| King’s Town Bank (2809) | $54.63 Billion | 9.20% | 6.19x | $1.04 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $39.95 Billion | 8.70% | 13.41x | $2.51 Billion |
| Taiwan Business Bank (2834) | $39.41 Billion | 2.03% | 25.90x | $3.22 Billion |
| Bank of Kaohsiung Ltd (2836) | $10.74 Billion | 3.90% | 20.83x | $258.57 Million |
| Union Bank of Taiwan (2838) | $19.26 Billion | 1.33% | 17.70x | $600.99 Million |
| Far Eastern International Bank (2845) | $328.07 Billion | -0.24% | 0.10x | $1.50 Billion |
| EnTie Commercial Bank Ltd (2849) | $34.84 Billion | 6.67% | 8.56x | $150.36 Million |