KS Terminals Inc
K.S. Terminals Inc. manufactures and sells electrical terminals, automotive connectors, battery modular connectors, and EV charging connectors in Taiwan and internationally. The company's electrical terminal products include non-insulated terminals, insulated copper terminals, insulated quick disconnectors, DIN terminals, cord end terminals, waterproof heat shrinkable terminals, crimping tools an… Read more
KS Terminals Inc (3003) - Net Assets
Latest net assets as of September 2025: NT$6.41 Billion TWD
Based on the latest financial reports, KS Terminals Inc (3003) has net assets worth NT$6.41 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$7.96 Billion) and total liabilities (NT$1.55 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$6.41 Billion |
| % of Total Assets | 80.49% |
| Annual Growth Rate | 9.07% |
| 5-Year Change | 37.81% |
| 10-Year Change | 64.64% |
| Growth Volatility | 7.29 |
KS Terminals Inc - Net Assets Trend (2002–2024)
This chart illustrates how KS Terminals Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KS Terminals Inc (2002–2024)
The table below shows the annual net assets of KS Terminals Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.71 Billion | +6.43% |
| 2023-12-31 | NT$6.31 Billion | +3.56% |
| 2022-12-31 | NT$6.09 Billion | +10.52% |
| 2021-12-31 | NT$5.51 Billion | +13.12% |
| 2020-12-31 | NT$4.87 Billion | +6.52% |
| 2019-12-31 | NT$4.57 Billion | +0.35% |
| 2018-12-31 | NT$4.56 Billion | +0.77% |
| 2017-12-31 | NT$4.52 Billion | +5.97% |
| 2016-12-31 | NT$4.27 Billion | +4.67% |
| 2015-12-31 | NT$4.08 Billion | +6.57% |
| 2014-12-31 | NT$3.83 Billion | +20.13% |
| 2013-12-31 | NT$3.18 Billion | +6.44% |
| 2012-12-31 | NT$2.99 Billion | +7.81% |
| 2011-12-31 | NT$2.78 Billion | +9.04% |
| 2010-12-31 | NT$2.55 Billion | +16.20% |
| 2009-12-31 | NT$2.19 Billion | +6.79% |
| 2008-12-31 | NT$2.05 Billion | +2.30% |
| 2007-12-31 | NT$2.00 Billion | +9.77% |
| 2006-12-31 | NT$1.83 Billion | +34.59% |
| 2005-12-31 | NT$1.36 Billion | +6.27% |
| 2004-12-31 | NT$1.28 Billion | +13.54% |
| 2003-12-31 | NT$1.12 Billion | +13.09% |
| 2002-12-31 | NT$994.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KS Terminals Inc'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 1500.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.19 Billion | 62.97% |
| Common Stock | NT$1.56 Billion | 23.41% |
| Other Comprehensive Income | NT$905.28 Million | 13.62% |
| Other Components | NT$352.00K | 0.01% |
| Total Equity | NT$6.65 Billion | 100.00% |
KS Terminals Inc Competitors by Market Cap
The table below lists competitors of KS Terminals Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Icelandair Group hf
IC:ICEAIR
|
$184.88 Million |
|
Beijing Tianma Intelligent Control Technology Co. Ltd. A
SHG:688570
|
$184.98 Million |
|
Dropsuite Ltd
AU:DSE
|
$185.00 Million |
|
Wayz Intelligent Manufacturing Technology Co. Ltd. A
SHG:688211
|
$185.00 Million |
|
REGIONAL MAN.CORP.DL -10
F:46F
|
$184.68 Million |
|
Hanjia Design Croup Co Ltd Class A
SHE:300746
|
$184.63 Million |
|
WESTERN NEW ENGL. (NEW)
F:489
|
$184.57 Million |
|
HAXC Holdings (Beijing) Co. Ltd.
SHE:300928
|
$184.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KS Terminals Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,256,773,000 to 6,648,550,000, a change of 391,777,000 (6.3%).
- Net income of 604,622,000 contributed positively to equity growth.
- Dividend payments of 233,482,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,041,426,000.
- Other factors decreased equity by 1,020,789,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$604.62 Million | +9.09% |
| Dividends Paid | NT$233.48 Million | -3.51% |
| Other Comprehensive Income | NT$1.04 Billion | +15.66% |
| Other Changes | NT$-1.02 Billion | -15.35% |
| Total Change | NT$- | 6.26% |
Book Value vs Market Value Analysis
This analysis compares KS Terminals Inc'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: 1.20x
- 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 3.42x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$14.90 | NT$51.00 | x |
| 2010-12-31 | NT$17.27 | NT$51.00 | x |
| 2011-12-31 | NT$17.78 | NT$51.00 | x |
| 2012-12-31 | NT$18.99 | NT$51.00 | x |
| 2013-12-31 | NT$20.35 | NT$51.00 | x |
| 2014-12-31 | NT$24.45 | NT$51.00 | x |
| 2015-12-31 | NT$26.04 | NT$51.00 | x |
| 2016-12-31 | NT$27.25 | NT$51.00 | x |
| 2017-12-31 | NT$28.85 | NT$51.00 | x |
| 2018-12-31 | NT$29.00 | NT$51.00 | x |
| 2019-12-31 | NT$29.08 | NT$51.00 | x |
| 2020-12-31 | NT$31.00 | NT$51.00 | x |
| 2021-12-31 | NT$35.07 | NT$51.00 | x |
| 2022-12-31 | NT$38.71 | NT$51.00 | x |
| 2023-12-31 | NT$40.09 | NT$51.00 | x |
| 2024-12-31 | NT$42.61 | NT$51.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KS Terminals Inc 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): 9.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.30%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.29x
- Recent ROE (9.09%) is below the historical average (11.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 17.96% | 18.31% | 0.82x | 1.20x | NT$79.21 Million |
| 2003 | 19.66% | 20.75% | 0.80x | 1.18x | NT$108.60 Million |
| 2004 | 18.22% | 18.32% | 0.64x | 1.54x | NT$104.91 Million |
| 2005 | 10.46% | 11.05% | 0.62x | 1.53x | NT$6.23 Million |
| 2006 | 15.76% | 16.92% | 0.70x | 1.34x | NT$105.30 Million |
| 2007 | 11.53% | 10.99% | 0.74x | 1.41x | NT$29.77 Million |
| 2008 | 4.99% | 4.92% | 0.75x | 1.35x | NT$-99.53 Million |
| 2009 | 8.19% | 11.11% | 0.56x | 1.32x | NT$-38.73 Million |
| 2010 | 12.41% | 12.19% | 0.61x | 1.67x | NT$60.50 Million |
| 2011 | 8.15% | 8.26% | 0.63x | 1.58x | NT$-50.68 Million |
| 2012 | 12.04% | 12.98% | 0.61x | 1.53x | NT$60.42 Million |
| 2013 | 9.82% | 11.22% | 0.60x | 1.46x | NT$-5.58 Million |
| 2014 | 10.18% | 12.70% | 0.62x | 1.28x | NT$6.90 Million |
| 2015 | 9.29% | 12.77% | 0.55x | 1.32x | NT$-29.09 Million |
| 2016 | 9.13% | 13.00% | 0.51x | 1.37x | NT$-36.95 Million |
| 2017 | 11.07% | 15.04% | 0.54x | 1.36x | NT$47.96 Million |
| 2018 | 10.58% | 13.55% | 0.56x | 1.40x | NT$26.11 Million |
| 2019 | 9.30% | 12.05% | 0.54x | 1.43x | NT$-31.60 Million |
| 2020 | 7.47% | 10.67% | 0.49x | 1.43x | NT$-122.35 Million |
| 2021 | 14.16% | 16.17% | 0.58x | 1.52x | NT$227.79 Million |
| 2022 | 14.81% | 18.48% | 0.60x | 1.33x | NT$290.79 Million |
| 2023 | 8.69% | 13.03% | 0.51x | 1.30x | NT$-82.24 Million |
| 2024 | 9.09% | 13.30% | 0.53x | 1.29x | NT$-60.23 Million |
Industry Comparison
This section compares KS Terminals Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KS Terminals Inc (3003) | NT$6.41 Billion | 17.96% | 0.24x | $184.72 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |