E.SUN Financial Holding Co Ltd
E.SUN Financial Holding Company, Ltd., together with its subsidiaries, offers various financial banking products and services in Taiwan. It operates through Corporate Banking Unit; Individual Banking Unit; Overseas Branches and Subsidiaries; and Others segments. The company offers deposits; bills/checks discounting; syndicated loans; domestic remittances; commercial acceptances; domestic letters … Read more
E.SUN Financial Holding Co Ltd (2884) - Net Assets
Latest net assets as of September 2025: NT$260.58 Billion TWD
Based on the latest financial reports, E.SUN Financial Holding Co Ltd (2884) has net assets worth NT$260.58 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$4.30 Trillion) and total liabilities (NT$4.04 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$260.58 Billion |
| % of Total Assets | 6.06% |
| Annual Growth Rate | 11.72% |
| 5-Year Change | 39.58% |
| 10-Year Change | 108.34% |
| Growth Volatility | 12.16 |
E.SUN Financial Holding Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how E.SUN Financial Holding 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 E.SUN Financial Holding Co Ltd (2002–2024)
The table below shows the annual net assets of E.SUN Financial Holding Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$253.47 Billion | +7.21% |
| 2023-12-31 | NT$236.42 Billion | +19.96% |
| 2022-12-31 | NT$197.09 Billion | +1.39% |
| 2021-12-31 | NT$194.38 Billion | +7.04% |
| 2020-12-31 | NT$181.60 Billion | +4.86% |
| 2019-12-31 | NT$173.18 Billion | +8.15% |
| 2018-12-31 | NT$160.13 Billion | +7.51% |
| 2017-12-31 | NT$148.95 Billion | +15.30% |
| 2016-12-31 | NT$129.18 Billion | +6.18% |
| 2015-12-31 | NT$121.66 Billion | +13.00% |
| 2014-12-31 | NT$107.66 Billion | +29.16% |
| 2013-12-31 | NT$83.36 Billion | +10.88% |
| 2012-12-31 | NT$75.17 Billion | +14.62% |
| 2011-12-31 | NT$65.58 Billion | +18.72% |
| 2010-12-31 | NT$55.24 Billion | +6.36% |
| 2009-12-31 | NT$51.94 Billion | +6.56% |
| 2008-12-31 | NT$48.74 Billion | +1.88% |
| 2007-12-31 | NT$47.84 Billion | +4.99% |
| 2006-12-31 | NT$45.57 Billion | +4.18% |
| 2005-12-31 | NT$43.74 Billion | +3.26% |
| 2004-12-31 | NT$42.36 Billion | +58.03% |
| 2003-12-31 | NT$26.81 Billion | +21.18% |
| 2002-12-31 | NT$22.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to E.SUN Financial Holding 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 2992377000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$29.92 Billion | 11.81% |
| Common Stock | NT$159.96 Billion | 63.15% |
| Other Comprehensive Income | NT$28.32 Billion | 11.18% |
| Other Components | NT$35.09 Billion | 13.85% |
| Total Equity | NT$253.29 Billion | 100.00% |
E.SUN Financial Holding Co Ltd Competitors by Market Cap
The table below lists competitors of E.SUN Financial Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banco BPM S.p.A.
F:BPM
|
$14.14 Billion |
|
Smith & Nephew SNATS Inc
NYSE:SNN
|
$14.16 Billion |
|
SBI Holdings Inc
PINK:SBHGF
|
$14.17 Billion |
|
Grupo México S.A.B. de C.V
PINK:GMBXF
|
$14.19 Billion |
|
Graco Inc
NYSE:GGG
|
$14.14 Billion |
|
IDEX Corporation
NYSE:IEX
|
$14.14 Billion |
|
Yuanta Financial Holdings Co Ltd
TW:2885
|
$14.14 Billion |
|
Omega Healthcare Investors Inc
NYSE:OHI
|
$14.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E.SUN Financial Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 236,247,680,000 to 253,291,982,000, a change of 17,044,302,000 (7.2%).
- Net income of 26,127,505,000 contributed positively to equity growth.
- Dividend payments of 18,796,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,337,717,000.
- Other factors increased equity by 3,375,880,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$26.13 Billion | +10.32% |
| Dividends Paid | NT$18.80 Billion | -7.42% |
| Other Comprehensive Income | NT$6.34 Billion | +2.5% |
| Other Changes | NT$3.38 Billion | +1.33% |
| Total Change | NT$- | 7.21% |
Book Value vs Market Value Analysis
This analysis compares E.SUN Financial Holding 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: 2.10x
- 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 7.27x to 2.10x 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$4.55 | NT$33.05 | x |
| 2007-12-31 | NT$4.60 | NT$33.05 | x |
| 2008-12-31 | NT$5.06 | NT$33.05 | x |
| 2009-12-31 | NT$4.98 | NT$33.05 | x |
| 2010-12-31 | NT$5.85 | NT$33.05 | x |
| 2011-12-31 | NT$6.08 | NT$33.05 | x |
| 2012-12-31 | NT$6.41 | NT$33.05 | x |
| 2013-12-31 | NT$7.53 | NT$33.05 | x |
| 2014-12-31 | NT$8.64 | NT$33.05 | x |
| 2015-12-31 | NT$9.06 | NT$33.05 | x |
| 2016-12-31 | NT$9.72 | NT$33.05 | x |
| 2017-12-31 | NT$10.68 | NT$33.05 | x |
| 2018-12-31 | NT$11.16 | NT$33.05 | x |
| 2019-12-31 | NT$11.61 | NT$33.05 | x |
| 2020-12-31 | NT$12.16 | NT$33.05 | x |
| 2021-12-31 | NT$12.99 | NT$33.05 | x |
| 2022-12-31 | NT$13.16 | NT$33.05 | x |
| 2023-12-31 | NT$15.32 | NT$33.05 | x |
| 2024-12-31 | NT$15.76 | NT$33.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E.SUN Financial Holding 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): 10.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.47%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 16.06x
- Recent ROE (10.32%) is above the historical average (8.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.90% | 29.51% | 0.05x | 12.48x | NT$1.85 Billion |
| 2004 | 11.42% | 25.34% | 0.04x | 11.75x | NT$600.51 Million |
| 2005 | 10.65% | 19.74% | 0.04x | 14.53x | NT$283.32 Million |
| 2006 | 0.93% | 1.73% | 0.04x | 15.23x | NT$-4.13 Billion |
| 2007 | 6.88% | 12.18% | 0.04x | 16.14x | NT$-1.49 Billion |
| 2008 | 2.10% | 3.56% | 0.03x | 17.02x | NT$-3.85 Billion |
| 2009 | 3.71% | 9.20% | 0.02x | 18.14x | NT$-3.27 Billion |
| 2010 | 7.10% | 16.66% | 0.02x | 19.63x | NT$-1.60 Billion |
| 2011 | 5.31% | 12.06% | 0.02x | 17.62x | NT$-3.07 Billion |
| 2012 | 9.37% | 21.50% | 0.03x | 16.55x | NT$-472.90 Million |
| 2013 | 10.18% | 23.22% | 0.03x | 16.71x | NT$151.05 Million |
| 2014 | 9.86% | 23.69% | 0.03x | 14.66x | NT$-149.28 Million |
| 2015 | 10.60% | 25.08% | 0.03x | 14.68x | NT$723.64 Million |
| 2016 | 10.22% | 25.24% | 0.03x | 14.66x | NT$282.76 Million |
| 2017 | 9.91% | 25.05% | 0.03x | 13.94x | NT$-127.67 Million |
| 2018 | 10.67% | 25.66% | 0.03x | 14.30x | NT$1.07 Billion |
| 2019 | 11.62% | 26.49% | 0.03x | 14.44x | NT$2.80 Billion |
| 2020 | 9.93% | 25.52% | 0.02x | 16.38x | NT$-120.25 Million |
| 2021 | 10.59% | 30.61% | 0.02x | 16.63x | NT$1.14 Billion |
| 2022 | 8.00% | 19.98% | 0.02x | 17.67x | NT$-3.93 Billion |
| 2023 | 9.20% | 17.83% | 0.03x | 15.40x | NT$-1.90 Billion |
| 2024 | 10.32% | 18.47% | 0.03x | 16.06x | NT$798.31 Million |
Industry Comparison
This section compares E.SUN Financial Holding Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $92,478,329,900
- Average return on equity (ROE) among peers: 4.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E.SUN Financial Holding Co Ltd (2884) | NT$260.58 Billion | 16.90% | 15.50x | $14.14 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 |
| Hua Nan Financial Holdings Co Ltd (2880) | $158.98 Billion | 8.86% | 15.01x | $10.28 Billion |