First Financial Holding Co Ltd (2892) - Net Assets

Latest as of December 2025: NT$292.37 Billion TWD ≈ $9.21 Billion USD

Based on the latest financial reports, First Financial Holding Co Ltd (2892) has net assets worth NT$292.37 Billion TWD (≈ $9.21 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$5.04 Trillion ≈ $158.84 Billion USD) and total liabilities (NT$4.75 Trillion ≈ $149.63 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 2892 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$292.37 Billion
% of Total Assets	5.8%
Annual Growth Rate	6.83%
5-Year Change	30.2%
10-Year Change	52.25%
Growth Volatility	6.49

First Financial Holding Co Ltd - Net Assets Trend (2003–2025)

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

Annual Net Assets for First Financial Holding Co Ltd (2003–2025)

The table below shows the annual net assets of First Financial Holding Co Ltd from 2003 to 2025. For live valuation and market cap data, see First Financial Holding Co Ltd (2892) total market value.

Year	Net Assets	Change
2025-12-31	NT$292.37 Billion ≈ $9.21 Billion	+9.14%
2024-12-31	NT$267.89 Billion ≈ $8.44 Billion	+7.83%
2023-12-31	NT$248.44 Billion ≈ $7.83 Billion	+10.85%
2022-12-31	NT$224.12 Billion ≈ $7.06 Billion	-0.19%
2021-12-31	NT$224.55 Billion ≈ $7.07 Billion	+1.51%
2020-12-31	NT$221.21 Billion ≈ $6.97 Billion	+0.67%
2019-12-31	NT$219.73 Billion ≈ $6.92 Billion	+7.03%
2018-12-31	NT$205.30 Billion ≈ $6.47 Billion	+6.90%
2017-12-31	NT$192.05 Billion ≈ $6.05 Billion	+0.01%
2016-12-31	NT$192.03 Billion ≈ $6.05 Billion	+2.15%
2015-12-31	NT$187.99 Billion ≈ $5.92 Billion	+21.77%
2014-12-31	NT$154.38 Billion ≈ $4.86 Billion	+9.33%
2013-12-31	NT$141.21 Billion ≈ $4.45 Billion	+6.39%
2012-12-31	NT$132.72 Billion ≈ $4.18 Billion	+5.35%
2011-12-31	NT$125.99 Billion ≈ $3.97 Billion	+18.02%
2010-12-31	NT$106.75 Billion ≈ $3.36 Billion	+4.79%
2009-12-31	NT$101.87 Billion ≈ $3.21 Billion	+1.77%
2008-12-31	NT$100.10 Billion ≈ $3.15 Billion	-5.66%
2007-12-31	NT$106.10 Billion ≈ $3.34 Billion	+4.86%
2006-12-31	NT$101.19 Billion ≈ $3.19 Billion	+10.79%
2005-12-31	NT$91.33 Billion ≈ $2.88 Billion	+16.85%
2004-12-31	NT$78.17 Billion ≈ $2.46 Billion	+14.38%
2003-12-31	NT$68.34 Billion ≈ $2.15 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to First 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 5350234600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$53.50 Billion	18.30%
Common Stock	NT$143.79 Billion	49.18%
Other Comprehensive Income	NT$69.35 Billion	23.72%
Other Components	NT$25.72 Billion	8.80%
Total Equity	NT$292.37 Billion	100.00%

First Financial Holding Co Ltd Competitors by Market Cap

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

Company	Market Cap
JULIUS BAER GRP. ADR/1/5 F:JGE1	$14.77 Billion
Performance Food Group Co NYSE:PFGC	$14.78 Billion
Omv Petrom S.A RO:SNP	$14.79 Billion
SPIC Dongfang New Energy Corp SHE:000958	$14.80 Billion
Korea Electric Power Corporation F:KOP	$14.77 Billion
WUXI BIOLOGICS UNSP.ADR/2 F:1FW1	$14.75 Billion
H.K. CHINA GAS HD-25 ADR F:HCGS	$14.74 Billion
Semtech Corporation NASDAQ:SMTC	$14.74 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 267,885,907,000 to 292,366,858,000, a change of 24,480,951,000 (9.1%).
Net income of 26,932,848,000 contributed positively to equity growth.
Dividend payments of 13,327,312,000 reduced retained earnings.
Other comprehensive income increased equity by 69,349,659,000.
Other factors decreased equity by 58,474,244,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$26.93 Billion	+9.21%
Dividends Paid	NT$13.33 Billion	-4.56%
Other Comprehensive Income	NT$69.35 Billion	+23.72%
Other Changes	NT$-58.47 Billion	-20.0%
Total Change	NT$-	9.14%

Book Value vs Market Value Analysis

This analysis compares First 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: 1.60x
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 4.77x to 1.60x 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$6.83	NT$32.60	x
2005-12-31	NT$7.98	NT$32.60	x
2006-12-31	NT$8.84	NT$32.60	x
2007-12-31	NT$9.11	NT$32.60	x
2008-12-31	NT$8.52	NT$32.60	x
2009-12-31	NT$8.95	NT$32.60	x
2010-12-31	NT$9.55	NT$32.60	x
2011-12-31	NT$10.91	NT$32.60	x
2012-12-31	NT$10.74	NT$32.60	x
2013-12-31	NT$11.36	NT$32.60	x
2014-12-31	NT$12.75	NT$32.60	x
2015-12-31	NT$14.78	NT$32.60	x
2016-12-31	NT$13.67	NT$32.60	x
2017-12-31	NT$13.67	NT$32.60	x
2018-12-31	NT$14.63	NT$32.60	x
2019-12-31	NT$15.66	NT$32.60	x
2020-12-31	NT$15.77	NT$32.60	x
2021-12-31	NT$16.01	NT$32.60	x
2022-12-31	NT$15.98	NT$32.60	x
2023-12-31	NT$17.70	NT$32.60	x
2024-12-31	NT$19.10	NT$32.60	x
2025-12-31	NT$20.33	NT$32.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently First 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): 9.21%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.38%
• Asset Turnover: 0.03x
• Equity Multiplier: 17.24x
Recent ROE (9.21%) is above the historical average (8.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	13.17%	14.71%	0.05x	19.22x	NT$2.48 Billion
2005	15.52%	26.80%	0.03x	16.81x	NT$5.04 Billion
2006	10.54%	18.60%	0.04x	15.82x	NT$543.04 Million
2007	11.94%	18.83%	0.04x	16.01x	NT$2.04 Billion
2008	7.43%	10.56%	0.04x	18.10x	NT$-2.55 Billion
2009	2.75%	7.26%	0.02x	19.39x	NT$-7.33 Billion
2010	6.63%	17.61%	0.02x	19.33x	NT$-3.57 Billion
2011	6.07%	17.63%	0.02x	16.66x	NT$-4.93 Billion
2012	7.74%	21.70%	0.02x	16.08x	NT$-2.99 Billion
2013	7.74%	22.64%	0.02x	16.08x	NT$-3.18 Billion
2014	9.15%	28.85%	0.02x	15.30x	NT$-1.31 Billion
2015	8.53%	28.83%	0.02x	13.32x	NT$-2.76 Billion
2016	9.05%	30.10%	0.02x	13.25x	NT$-1.82 Billion
2017	8.07%	23.93%	0.02x	13.73x	NT$-3.70 Billion
2018	8.44%	21.92%	0.03x	14.30x	NT$-3.20 Billion
2019	8.81%	22.46%	0.03x	14.45x	NT$-2.60 Billion
2020	7.60%	22.38%	0.02x	15.80x	NT$-5.31 Billion
2021	8.79%	27.30%	0.02x	16.65x	NT$-2.72 Billion
2022	9.19%	21.60%	0.02x	18.55x	NT$-1.82 Billion
2023	9.04%	16.29%	0.03x	17.83x	NT$-2.38 Billion
2024	9.47%	16.06%	0.03x	17.56x	NT$-1.43 Billion
2025	9.21%	15.38%	0.03x	17.24x	NT$-2.30 Billion

Industry Comparison

This section compares First 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
First Financial Holding Co Ltd (2892)	NT$292.37 Billion	13.17%	16.24x	$14.77 Billion
China Man-Made Fiber Corp (1718)	$53.40 Billion	1.49%	11.95x	$416.75 Million
Chang Hwa Commercial Bank Ltd (2801)	$220.33 Billion	8.07%	14.33x	$8.47 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	$3.76 Billion
Taiwan Business Bank (2834)	$62.74 Billion	8.47%	21.19x	$5.36 Billion
Bank of Kaohsiung Ltd (2836)	$18.55 Billion	4.66%	15.54x	$695.05 Million
Union Bank of Taiwan (2838)	$22.19 Billion	8.23%	17.09x	$3.11 Billion
Union Bank of Taiwan Pref (2838A)	$48.19 Billion	5.70%	10.74x	$4.60 Billion
Far Eastern International Bank (2845)	$465.09 Billion	0.66%	0.06x	$1.99 Billion
EnTie Commercial Bank Ltd (2849)	$34.26 Billion	3.87%	9.62x	$900.46 Million

About First Financial Holding Co Ltd

TW:2892 Taiwan Banks - Regional

Market Cap

$14.77 Billion

NT$468.77 Billion TWD

Market Cap Rank

#1666 Global

#51 in Taiwan

Share Price

NT$32.60

Change (1 day)

+0.31%

52-Week Range

NT$27.25 - NT$32.60

All Time High

NT$32.60