Taishin Financial Holding Co Ltd (2887) - Net Assets

Latest as of March 2026: NT$599.20 Billion TWD ≈ $18.88 Billion USD

Based on the latest financial reports, Taishin Financial Holding Co Ltd (2887) has net assets worth NT$599.20 Billion TWD (≈ $18.88 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.06 Trillion ≈ $285.59 Billion USD) and total liabilities (NT$8.47 Trillion ≈ $266.71 Billion 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 tangible equity quality of Taishin Financial Holding Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$599.20 Billion
% of Total Assets 6.61%
Annual Growth Rate 10.3%
5-Year Change 144.37%
10-Year Change 225.17%
Growth Volatility 29.99

Taishin Financial Holding Co Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Taishin Financial Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See 2887 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Taishin Financial Holding Co Ltd (2002–2025)

The table below shows the annual net assets of Taishin Financial Holding Co Ltd from 2002 to 2025. For live valuation and market cap data, see market value of Taishin Financial Holding Co Ltd.

Year Net Assets Change
2025-12-31 NT$484.10 Billion
≈ $15.25 Billion		 +111.51%
2024-12-31 NT$228.88 Billion
≈ $7.21 Billion		 +5.69%
2023-12-31 NT$216.56 Billion
≈ $6.82 Billion		 +6.74%
2022-12-31 NT$202.89 Billion
≈ $6.39 Billion		 +2.42%
2021-12-31 NT$198.10 Billion
≈ $6.24 Billion		 +6.44%
2020-12-31 NT$186.11 Billion
≈ $5.86 Billion		 +3.96%
2019-12-31 NT$179.02 Billion
≈ $5.64 Billion		 +2.58%
2018-12-31 NT$174.52 Billion
≈ $5.50 Billion		 +12.36%
2017-12-31 NT$155.32 Billion
≈ $4.89 Billion		 +4.33%
2016-12-31 NT$148.88 Billion
≈ $4.69 Billion		 +19.14%
2015-12-31 NT$124.96 Billion
≈ $3.94 Billion		 +9.44%
2014-12-31 NT$114.18 Billion
≈ $3.60 Billion		 -42.33%
2013-12-31 NT$197.99 Billion
≈ $6.24 Billion		 +8.51%
2012-12-31 NT$182.46 Billion
≈ $5.75 Billion		 +1.17%
2011-12-31 NT$180.34 Billion
≈ $5.68 Billion		 +8.35%
2010-12-31 NT$166.44 Billion
≈ $5.24 Billion		 +6.48%
2009-12-31 NT$156.31 Billion
≈ $4.92 Billion		 +6.19%
2008-12-31 NT$147.19 Billion
≈ $4.64 Billion		 -6.28%
2007-12-31 NT$157.05 Billion
≈ $4.95 Billion		 +2.79%
2006-12-31 NT$152.78 Billion
≈ $4.81 Billion		 +7.29%
2005-12-31 NT$142.40 Billion
≈ $4.49 Billion		 +92.67%
2004-12-31 NT$73.91 Billion
≈ $2.33 Billion		 +28.45%
2003-12-31 NT$57.54 Billion
≈ $1.81 Billion		 +13.35%
2002-12-31 NT$50.76 Billion
≈ $1.60 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Taishin 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 966.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$43.13 Billion 8.92%
Common Stock NT$248.66 Billion 51.42%
Other Comprehensive Income NT$44.25 Billion 9.15%
Other Components NT$147.59 Billion 30.52%
Total Equity NT$483.64 Billion 100.00%

Taishin Financial Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Taishin Financial Holding Co Ltd ranked by their market capitalization.

Company Market Cap
Shriram Finance Limited
NSE:SHRIRAMFIN
 $25.64 Billion
W. R. Berkley Corp
NYSE:WRB
 $25.68 Billion
Fresenius SE & Co. KGaA
XETRA:FRE
 $25.71 Billion
Sterling Construction Company Inc
NASDAQ:STRL
 $25.72 Billion
Tata Steel Limited
IL:TTST
 $25.54 Billion
KONE Oyj
HE:KNEBV
 $25.53 Billion
Swiss Life Holding AG
F:SLW1
 $25.49 Billion
Dassault Systèmes SE
F:DSY
 $25.47 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taishin Financial Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 228,857,709,000 to 483,638,224,000, a change of 254,780,515,000 (111.3%).
  • Net income of 37,360,733,000 contributed positively to equity growth.
  • Dividend payments of 24,359,941,000 reduced retained earnings.
  • Other comprehensive income increased equity by 44,249,944,000.
  • Other factors increased equity by 197,529,779,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$37.36 Billion +7.72%
Dividends Paid NT$24.36 Billion -5.04%
Other Comprehensive Income NT$44.25 Billion +9.15%
Other Changes NT$197.53 Billion +40.84%
Total Change NT$- 111.33%

Book Value vs Market Value Analysis

This analysis compares Taishin 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: 1.32x
  • 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 4.62x to 1.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 NT$7.06 NT$32.60 x
2005-12-31 NT$7.96 NT$32.60 x
2006-12-31 NT$8.35 NT$32.60 x
2007-12-31 NT$7.70 NT$32.60 x
2008-12-31 NT$7.73 NT$32.60 x
2009-12-31 NT$7.75 NT$32.60 x
2010-12-31 NT$8.22 NT$32.60 x
2011-12-31 NT$7.88 NT$32.60 x
2012-12-31 NT$8.40 NT$32.60 x
2013-12-31 NT$8.51 NT$32.60 x
2014-12-31 NT$9.01 NT$32.60 x
2015-12-31 NT$8.96 NT$32.60 x
2016-12-31 NT$11.54 NT$32.60 x
2017-12-31 NT$11.98 NT$32.60 x
2018-12-31 NT$13.45 NT$32.60 x
2019-12-31 NT$13.79 NT$32.60 x
2020-12-31 NT$14.34 NT$32.60 x
2021-12-31 NT$15.26 NT$32.60 x
2022-12-31 NT$15.63 NT$32.60 x
2023-12-31 NT$16.69 NT$32.60 x
2024-12-31 NT$15.85 NT$32.60 x
2025-12-31 NT$24.73 NT$32.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taishin 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): 7.72%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.82%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 18.14x
  • Recent ROE (7.72%) is above the historical average (6.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 12.26% 15.21% 0.07x 10.96x NT$1.30 Billion
2004 15.30% 19.54% 0.07x 11.70x NT$3.91 Billion
2005 -3.58% -3.78% 0.03x 28.79x NT$-11.04 Billion
2006 -17.87% -25.44% 0.03x 25.78x NT$-25.19 Billion
2007 4.90% 4.44% 0.04x 25.18x NT$-4.74 Billion
2008 -6.18% -5.84% 0.04x 27.82x NT$-13.68 Billion
2009 8.75% 11.77% 0.03x 25.39x NT$-1.17 Billion
2010 7.79% 13.99% 0.02x 24.89x NT$-2.20 Billion
2011 8.88% 15.05% 0.02x 24.68x NT$-1.19 Billion
2012 10.25% 15.49% 0.02x 26.92x NT$253.90 Million
2013 12.45% 18.79% 0.03x 25.83x NT$2.72 Billion
2014 1.42% 2.04% 0.06x 12.12x NT$-9.78 Billion
2015 10.59% 29.21% 0.03x 12.18x NT$739.58 Million
2016 7.66% 26.10% 0.03x 10.60x NT$-3.48 Billion
2017 8.42% 28.27% 0.03x 10.81x NT$-2.46 Billion
2018 7.41% 25.31% 0.03x 10.25x NT$-4.51 Billion
2019 8.10% 24.71% 0.03x 11.35x NT$-3.40 Billion
2020 7.79% 26.46% 0.02x 11.80x NT$-4.11 Billion
2021 10.26% 30.59% 0.03x 12.69x NT$505.08 Million
2022 7.33% 17.77% 0.03x 13.63x NT$-5.42 Billion
2023 6.74% 12.85% 0.04x 14.02x NT$-7.05 Billion
2024 8.77% 14.48% 0.04x 14.38x NT$-2.82 Billion
2025 7.72% 11.82% 0.04x 18.14x NT$-11.00 Billion

Industry Comparison

This section compares Taishin 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: $100,449,675,100
  • Average return on equity (ROE) among peers: 6.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taishin Financial Holding Co Ltd (2887) NT$599.20 Billion 12.26% 14.13x $25.54 Billion
China Man-Made Fiber Corp (1718) $53.40 Billion 1.49% 11.95x $413.80 Million
Chang Hwa Commercial Bank Ltd (2801) $220.33 Billion 8.07% 14.33x $8.51 Billion
King’s Town Bank (2809) $48.88 Billion 11.52% 6.02x $1.98 Billion
Taichung Commercial Bank Co Ltd (2812) $30.88 Billion 9.91% 15.07x $3.77 Billion
Taiwan Business Bank (2834) $62.74 Billion 8.47% 21.19x $5.40 Billion
Bank of Kaohsiung Ltd (2836) $18.55 Billion 4.66% 15.54x $692.23 Million
Union Bank of Taiwan (2838) $22.19 Billion 8.23% 17.09x $3.07 Billion
Union Bank of Taiwan Pref (2838A) $48.19 Billion 5.70% 10.74x $4.61 Billion
Far Eastern International Bank (2845) $465.09 Billion 0.66% 0.06x $2.04 Billion
EnTie Commercial Bank Ltd (2849) $34.26 Billion 3.87% 9.62x $897.38 Million

About Taishin Financial Holding Co Ltd

TW:2887 Taiwan Banks - Regional
Market Cap
$25.54 Billion
NT$810.64 Billion TWD
Market Cap Rank
#1048 Global
#24 in Taiwan
Share Price
NT$32.60
Change (1 day)
+0.93%
52-Week Range
NT$15.75 - NT$32.60
All Time High
NT$32.60
Categories
Companies in Taiwan Banks - Regional Banking & Financial
About

TS Financial Holding Co., Ltd., together with its subsidiaries, provides various financial products and services. It offers wealth management services, such as financial consulting, tax planning, trust, asset allocation advisory services, TWD and FCY deposits, investment, and insurance products; consumer lending services, including 1st and 2nd lien mortgage, auto loan, personal loan, micro SME lo… Read more