Yi Shin Textile Industrial Co
Yi Shin Textile Industrial Co., Ltd. manufactures and sells draw textured and functional elastic yarn in Taiwan, Vietnam, Japan, Thailand, Hongkong, and internationally. It offers polyester/nylon spandex covered yarn, color compound spandex covered yarn, and polyester/nylon eco-friendly spandex covered yarn; polyester/nylon, solution dyed, multi-color compound, and polyester/nylon eco-friendly te… Read more
Yi Shin Textile Industrial Co (4440) - Net Assets
Latest net assets as of September 2025: NT$1.28 Billion TWD
Based on the latest financial reports, Yi Shin Textile Industrial Co (4440) has net assets worth NT$1.28 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$2.14 Billion) and total liabilities (NT$862.03 Million). 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$1.28 Billion |
| % of Total Assets | 59.81% |
| Annual Growth Rate | 14.83% |
| 5-Year Change | 46.57% |
| 10-Year Change | N/A |
| Growth Volatility | 29.3 |
Yi Shin Textile Industrial Co - Net Assets Trend (2015–2024)
This chart illustrates how Yi Shin Textile Industrial Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yi Shin Textile Industrial Co (2015–2024)
The table below shows the annual net assets of Yi Shin Textile Industrial Co from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.36 Billion | +3.94% |
| 2023-12-31 | NT$1.30 Billion | -10.76% |
| 2022-12-31 | NT$1.46 Billion | -4.60% |
| 2021-12-31 | NT$1.53 Billion | +65.64% |
| 2020-12-31 | NT$924.70 Million | +5.86% |
| 2019-12-31 | NT$873.48 Million | +2.53% |
| 2018-12-31 | NT$851.96 Million | +8.86% |
| 2017-12-31 | NT$782.64 Million | +76.56% |
| 2016-12-31 | NT$443.26 Million | +13.53% |
| 2015-12-31 | NT$390.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yi Shin Textile Industrial Co'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 56.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$244.18 Million | 18.02% |
| Common Stock | NT$675.98 Million | 49.87% |
| Other Comprehensive Income | NT$153.65 Million | 11.34% |
| Other Components | NT$281.54 Million | 20.77% |
| Total Equity | NT$1.36 Billion | 100.00% |
Yi Shin Textile Industrial Co Competitors by Market Cap
The table below lists competitors of Yi Shin Textile Industrial Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eniro AB
ST:ENRO
|
$25.20 Million |
|
BIDV Insurance Corp
VN:BIC
|
$25.21 Million |
|
First Responder Technologies Inc
PINK:WPNNF
|
$25.21 Million |
|
Paseco Co. Ltd
KQ:037070
|
$25.22 Million |
|
Enlight Corp
TW:2438
|
$25.19 Million |
|
NHOA S.A
PINK:ENGPF
|
$25.19 Million |
|
Globon Co. Ltd
KQ:019660
|
$25.19 Million |
|
Multicampus Corporation
KQ:067280
|
$25.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yi Shin Textile Industrial Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,303,972,000 to 1,355,353,000, a change of 51,381,000 (3.9%).
- Net income of 118,786,000 contributed positively to equity growth.
- Dividend payments of 67,598,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,720,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$118.79 Million | +8.76% |
| Dividends Paid | NT$67.60 Million | -4.99% |
| Other Comprehensive Income | NT$4.72 Million | +0.35% |
| Other Changes | NT$-4.53 Million | -0.33% |
| Total Change | NT$- | 3.94% |
Book Value vs Market Value Analysis
This analysis compares Yi Shin Textile Industrial Co'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: 0.90x
- 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 1.69x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$10.68 | NT$18.05 | x |
| 2017-12-31 | NT$16.16 | NT$18.05 | x |
| 2018-12-31 | NT$13.72 | NT$18.05 | x |
| 2019-12-31 | NT$14.21 | NT$18.05 | x |
| 2020-12-31 | NT$15.36 | NT$18.05 | x |
| 2021-12-31 | NT$24.82 | NT$18.05 | x |
| 2022-12-31 | NT$21.55 | NT$18.05 | x |
| 2023-12-31 | NT$19.27 | NT$18.05 | x |
| 2024-12-31 | NT$20.01 | NT$18.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yi Shin Textile Industrial Co 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): 8.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.57%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.67x
- Recent ROE (8.76%) is below the historical average (15.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 26.36% | 6.76% | 2.38x | 1.64x | NT$72.53 Million |
| 2017 | 20.15% | 9.90% | 1.64x | 1.24x | NT$79.42 Million |
| 2018 | 20.39% | 11.01% | 0.87x | 2.12x | NT$88.48 Million |
| 2019 | 14.84% | 8.94% | 0.76x | 2.18x | NT$42.24 Million |
| 2020 | 13.33% | 10.47% | 0.63x | 2.02x | NT$30.80 Million |
| 2021 | 20.33% | 17.11% | 0.85x | 1.41x | NT$158.20 Million |
| 2022 | 13.42% | 12.98% | 0.67x | 1.54x | NT$49.99 Million |
| 2023 | 3.47% | 4.55% | 0.45x | 1.70x | NT$-85.12 Million |
| 2024 | 8.76% | 10.57% | 0.50x | 1.67x | NT$-16.75 Million |
Industry Comparison
This section compares Yi Shin Textile Industrial Co's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $32,872,455,100
- Average return on equity (ROE) among peers: 1.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yi Shin Textile Industrial Co (4440) | NT$1.28 Billion | 26.36% | 0.67x | $25.20 Million |
| San Fang Chemical Industry Co Ltd (1307) | $8.38 Billion | 10.75% | 0.72x | $159.74 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.22 Billion | 22.98% | 0.75x | $17.94 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $153.95 Million |
| Far Eastern New Century Corp (1402) | $271.67 Billion | 4.91% | 1.42x | $3.01 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $32.72 Billion | 2.29% | 2.96x | $534.22 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.37 Billion | 7.09% | 0.22x | $41.30 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $1.85 Billion | 0.00% | 1.03x | $18.36 Million |
| Tung Ho Textile Co Ltd (1414) | $3.12 Billion | 1.88% | 0.42x | $47.32 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $303.99 Million | -59.56% | 4.83x | $10.26 Million |
| Shinkong Textile Co Ltd (1419) | $7.32 Billion | 1.42% | 0.57x | $311.78 Million |