Taishin Financial Holding Co Ltd Pref (2887E) - Net Assets
Based on the latest financial reports, Taishin Financial Holding Co Ltd Pref (2887E) has net assets worth NT$484.10 Billion TWD (≈ $15.25 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.78 Trillion ≈ $276.48 Billion USD) and total liabilities (NT$8.29 Trillion ≈ $261.22 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. Read how much debt does Taishin Financial Holding Co Ltd Pref carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$484.10 Billion |
| % of Total Assets | 5.52% |
| Annual Growth Rate | 15.27% |
| 5-Year Change | 144.37% |
| 10-Year Change | N/A |
| Growth Volatility | 35.1 |
Taishin Financial Holding Co Ltd Pref - Net Assets Trend (2017–2025)
This chart illustrates how Taishin Financial Holding Co Ltd Pref's net assets have evolved over time, based on quarterly financial data. Also explore Taishin Financial Holding Co Ltd Pref total assets for the complete picture of this company's asset base.
Annual Net Assets for Taishin Financial Holding Co Ltd Pref (2017–2025)
The table below shows the annual net assets of Taishin Financial Holding Co Ltd Pref from 2017 to 2025. For live valuation and market cap data, see Taishin Financial Holding Co Ltd Pref market cap and net worth.
| 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 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Taishin Financial Holding Co Ltd Pref'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 104.4% 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% |
| Other Components | NT$440.50 Billion | 91.08% |
| Total Equity | NT$483.64 Billion | 100.00% |
Taishin Financial Holding Co Ltd Pref Competitors by Market Cap
The table below lists competitors of Taishin Financial Holding Co Ltd Pref ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iflytek Co Ltd
SHE:002230
|
$16.87 Billion |
|
Nan Ya Printed Circuit Board Corp
TW:8046
|
$16.88 Billion |
|
AIRTEL AFRICA UNSP.ADR/10
F:9AA0
|
$16.88 Billion |
|
Bank Polska Kasa Opieki SA
WAR:PEO
|
$16.91 Billion |
|
NIPPON STEEL SP.ADR 033
F:NPSA
|
$16.86 Billion |
|
Beijing Kingsoft Office Software In
SHG:688111
|
$16.86 Billion |
|
FIBRA Prologis
MX:FIBRAPL14
|
$16.85 Billion |
|
Amcor Plc
AU:AMC
|
$16.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taishin Financial Holding Co Ltd Pref'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 37,326,812,000 contributed positively to equity growth.
- Dividend payments of 24,359,941,000 reduced retained earnings.
- Other factors increased equity by 241,813,644,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$37.33 Billion | +7.72% |
| Dividends Paid | NT$24.36 Billion | -5.04% |
| Other Changes | NT$241.81 Billion | +50.0% |
| Total Change | NT$- | 111.33% |
Book Value vs Market Value Analysis
This analysis compares Taishin Financial Holding Co Ltd Pref'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: 2.64x
- 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 3.76x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$13.63 | NT$51.30 | x |
| 2018-12-31 | NT$15.30 | NT$51.30 | x |
| 2019-12-31 | NT$15.69 | NT$51.30 | x |
| 2020-12-31 | NT$16.31 | NT$51.30 | x |
| 2021-12-31 | NT$17.36 | NT$51.30 | x |
| 2022-12-31 | NT$16.94 | NT$51.30 | x |
| 2023-12-31 | NT$16.69 | NT$51.30 | x |
| 2024-12-31 | NT$17.64 | NT$51.30 | x |
| 2025-12-31 | NT$19.45 | NT$51.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taishin Financial Holding Co Ltd Pref utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.57%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 18.14x
- Recent ROE (7.72%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.42% | 38.05% | 0.02x | 10.81x | NT$-2.46 Billion |
| 2018 | 7.41% | 35.73% | 0.02x | 10.25x | NT$-4.51 Billion |
| 2019 | 8.10% | 35.76% | 0.02x | 11.35x | NT$-3.40 Billion |
| 2020 | 7.79% | 34.07% | 0.02x | 11.80x | NT$-4.11 Billion |
| 2021 | 10.26% | 34.95% | 0.02x | 12.69x | NT$505.08 Million |
| 2022 | 7.33% | 22.37% | 0.02x | 13.63x | NT$-5.42 Billion |
| 2023 | 6.74% | 20.89% | 0.02x | 14.02x | NT$-7.05 Billion |
| 2024 | 8.77% | 23.17% | 0.03x | 14.38x | NT$-2.82 Billion |
| 2025 | 7.72% | 24.57% | 0.02x | 18.14x | NT$-11.04 Billion |
Industry Comparison
This section compares Taishin Financial Holding Co Ltd Pref's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $55,488,357,800
- Average return on equity (ROE) among peers: 0.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taishin Financial Holding Co Ltd Pref (2887E) | NT$484.10 Billion | 8.42% | 17.13x | $16.87 Billion |
| China Man-Made Fiber Corp (1718) | $18.97 Billion | 18.39% | 0.40x | $271.78 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $171.45 Billion | 5.13% | 13.88x | $7.54 Billion |
| King’s Town Bank (2809) | $50.11 Billion | 12.39% | 6.67x | $1.98 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $8.33 Billion | -56.48% | 30.16x | $3.59 Billion |
| Taiwan Business Bank (2834) | $84.85 Billion | 9.00% | 18.08x | $4.91 Billion |
| Bank of Kaohsiung Ltd (2836) | $9.36 Billion | -10.44% | 18.63x | $664.09 Million |
| Union Bank of Taiwan (2838) | $70.64 Billion | 6.11% | 12.29x | $2.74 Billion |
| Union Bank of Taiwan Pref (2838A) | $63.12 Billion | 5.61% | 12.39x | $4.64 Billion |
| Far Eastern International Bank (2845) | $44.74 Billion | 7.88% | 13.02x | $1.83 Billion |
| EnTie Commercial Bank Ltd (2849) | $33.31 Billion | 6.64% | 8.35x | $811.03 Million |
About Taishin Financial Holding Co Ltd Pref
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