O-Bank Co Ltd
O-Bank Co., Ltd. provides various banking services to corporate clients in Taiwan. It offers personal banking services, including deposits, parent-child account, and family card discount, exchange rate inquiry, and salary transfer area services; debit card, public welfare recognition card, campus identity card, co-branded cards, and low carbon card; investment, and insurance products; and Wangdao… Read more
O-Bank Co Ltd (2897) - Net Assets
Latest net assets as of September 2025: NT$63.61 Billion TWD
Based on the latest financial reports, O-Bank Co Ltd (2897) has net assets worth NT$63.61 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$687.36 Billion) and total liabilities (NT$623.75 Billion). 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$63.61 Billion |
| % of Total Assets | 9.25% |
| Annual Growth Rate | -2.99% |
| 5-Year Change | 13.4% |
| 10-Year Change | -86.94% |
| Growth Volatility | 185.92 |
O-Bank Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how O-Bank 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 O-Bank Co Ltd (2006–2024)
The table below shows the annual net assets of O-Bank Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$61.52 Billion | +5.13% |
| 2023-12-31 | NT$58.52 Billion | +8.35% |
| 2022-12-31 | NT$54.01 Billion | -2.10% |
| 2021-12-31 | NT$55.17 Billion | +1.69% |
| 2020-12-31 | NT$54.25 Billion | +6.76% |
| 2019-12-31 | NT$50.82 Billion | +3.46% |
| 2018-12-31 | NT$49.12 Billion | -90.56% |
| 2017-12-31 | NT$520.17 Billion | +8.50% |
| 2016-12-31 | NT$479.43 Billion | +1.78% |
| 2015-12-31 | NT$471.04 Billion | +14.03% |
| 2014-12-31 | NT$413.08 Billion | +8.26% |
| 2013-12-31 | NT$381.55 Billion | +798.02% |
| 2012-12-31 | NT$42.49 Billion | -1.92% |
| 2011-12-31 | NT$43.32 Billion | +6.65% |
| 2010-12-31 | NT$40.62 Billion | -4.16% |
| 2009-12-31 | NT$42.38 Billion | -71.47% |
| 2008-12-31 | NT$148.57 Billion | +4.71% |
| 2007-12-31 | NT$141.89 Billion | +33.62% |
| 2006-12-31 | NT$106.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to O-Bank 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 131.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.72 Billion | 11.03% |
| Other Components | NT$38.08 Billion | 88.97% |
| Total Equity | NT$42.80 Billion | 100.00% |
O-Bank Co Ltd Competitors by Market Cap
The table below lists competitors of O-Bank Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinyoung Securities Co. Ltd.
KO:001720
|
$417.22 Million |
|
Zhejiang Jihua Group Co Ltd
SHG:603980
|
$417.31 Million |
|
Jenkem Technology Co Ltd
SHG:688356
|
$417.34 Million |
|
Marimekko Oyj
PINK:MKKOF
|
$417.61 Million |
|
Manitowoc Company Inc
NYSE:MTW
|
$416.96 Million |
|
Gudang Garam Tbk
JK:GGRM
|
$416.94 Million |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
$416.89 Million |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
$416.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in O-Bank Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 40,102,035,000 to 42,804,461,000, a change of 2,702,426,000 (6.7%).
- Net income of 2,856,199,000 contributed positively to equity growth.
- Dividend payments of 1,330,878,000 reduced retained earnings.
- Share repurchases of 2,290,568,000 reduced equity.
- New share issuances of 3,082,770,000 increased equity.
- Other comprehensive income decreased equity by 10,563,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.86 Billion | +6.67% |
| Dividends Paid | NT$1.33 Billion | -3.11% |
| Share Repurchases | NT$2.29 Billion | -5.35% |
| Share Issuances | NT$3.08 Billion | +7.2% |
| Other Comprehensive Income | NT$-10.56 Million | -0.02% |
| Other Changes | NT$395.47 Million | +0.92% |
| Total Change | NT$- | 6.74% |
Book Value vs Market Value Analysis
This analysis compares O-Bank 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: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.89x to 0.65x 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$11.09 | NT$9.92 | x |
| 2007-12-31 | NT$11.52 | NT$9.92 | x |
| 2008-12-31 | NT$9.78 | NT$9.92 | x |
| 2009-12-31 | NT$10.65 | NT$9.92 | x |
| 2010-12-31 | NT$10.85 | NT$9.92 | x |
| 2011-12-31 | NT$11.03 | NT$9.92 | x |
| 2012-12-31 | NT$10.94 | NT$9.92 | x |
| 2013-12-31 | NT$11.16 | NT$9.92 | x |
| 2014-12-31 | NT$11.99 | NT$9.92 | x |
| 2015-12-31 | NT$12.37 | NT$9.92 | x |
| 2016-12-31 | NT$12.24 | NT$9.92 | x |
| 2017-12-31 | NT$12.12 | NT$9.92 | x |
| 2018-12-31 | NT$13.20 | NT$9.92 | x |
| 2019-12-31 | NT$13.57 | NT$9.92 | x |
| 2020-12-31 | NT$12.81 | NT$9.92 | x |
| 2021-12-31 | NT$12.00 | NT$9.92 | x |
| 2022-12-31 | NT$12.42 | NT$9.92 | x |
| 2023-12-31 | NT$13.23 | NT$9.92 | x |
| 2024-12-31 | NT$15.31 | NT$9.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently O-Bank Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.27%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 15.96x
- Recent ROE (6.67%) is above the historical average (4.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.54% | 33.65% | 0.02x | 5.10x | NT$-1.72 Billion |
| 2007 | 7.29% | 37.34% | 0.02x | 11.13x | NT$-749.26 Million |
| 2008 | -10.44% | -151.89% | 0.01x | 12.72x | NT$-4.79 Billion |
| 2009 | 6.46% | 22.06% | 0.03x | 11.60x | NT$-904.15 Million |
| 2010 | 5.80% | 25.94% | 0.02x | 11.64x | NT$-1.09 Billion |
| 2011 | 3.54% | 24.73% | 0.01x | 12.58x | NT$-1.71 Billion |
| 2012 | 0.23% | 1.14% | 0.02x | 13.21x | NT$-2.56 Billion |
| 2013 | 4.22% | 19.04% | 0.02x | 14.70x | NT$-1.55 Billion |
| 2014 | 6.16% | 25.82% | 0.02x | 14.93x | NT$-1.10 Billion |
| 2015 | 5.82% | 22.79% | 0.02x | 16.38x | NT$-1.24 Billion |
| 2016 | 5.59% | 21.44% | 0.02x | 16.91x | NT$-1.29 Billion |
| 2017 | 3.66% | 13.80% | 0.01x | 18.46x | NT$-1.86 Billion |
| 2018 | 2.98% | 12.46% | 0.01x | 17.56x | NT$-2.24 Billion |
| 2019 | 6.11% | 24.81% | 0.01x | 16.86x | NT$-1.30 Billion |
| 2020 | 6.51% | 28.41% | 0.01x | 16.18x | NT$-1.24 Billion |
| 2021 | 8.81% | 35.60% | 0.02x | 15.81x | NT$-433.47 Million |
| 2022 | 13.35% | 58.67% | 0.01x | 15.31x | NT$1.26 Billion |
| 2023 | 6.22% | 28.82% | 0.01x | 15.63x | NT$-1.52 Billion |
| 2024 | 6.67% | 28.27% | 0.01x | 15.96x | NT$-1.42 Billion |
Industry Comparison
This section compares O-Bank Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $48,724,328,300
- Average return on equity (ROE) among peers: 7.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| O-Bank Co Ltd (2897) | NT$63.61 Billion | 3.54% | 9.81x | $417.14 Million |
| China Man-Made Fiber Corp (1718) | $18.97 Billion | 18.39% | 0.40x | $218.37 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $119.24 Billion | 9.14% | 14.23x | $5.10 Billion |
| King’s Town Bank (2809) | $46.58 Billion | 11.79% | 5.99x | $1.04 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $19.42 Billion | 2.12% | 16.53x | $2.48 Billion |
| Taiwan Business Bank (2834) | $75.82 Billion | 6.65% | 19.89x | $3.23 Billion |
| Bank of Kaohsiung Ltd (2836) | $14.45 Billion | 3.32% | 17.55x | $258.57 Million |
| Union Bank of Taiwan (2838) | $16.54 Billion | 0.42% | 10.20x | $607.02 Million |
| Far Eastern International Bank (2845) | $61.25 Billion | 7.02% | 12.93x | $1.51 Billion |
| EnTie Commercial Bank Ltd (2849) | $25.23 Billion | 10.47% | 12.80x | $152.68 Million |
| Hua Nan Financial Holdings Co Ltd (2880) | $89.75 Billion | 10.18% | 18.06x | $10.28 Billion |