Drewloong Precision Inc
Drewloong Precision, Inc. engages in the manufacturing, processing, and trading of aerospace components and special molds and jigs in Taiwan, the United States, France, and internationally. The company provides aero structural parts, aircraft engine parts, landing gear parts, and special tools. The company was founded in 1979 and is headquartered in Kaohsiung City, Taiwan.
Drewloong Precision Inc (4572) - Net Assets
Latest net assets as of December 2025: NT$2.02 Billion TWD
Based on the latest financial reports, Drewloong Precision Inc (4572) has net assets worth NT$2.02 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.96 Billion) and total liabilities (NT$940.34 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$2.02 Billion |
| % of Total Assets | 68.28% |
| Annual Growth Rate | 13.5% |
| 5-Year Change | 17.75% |
| 10-Year Change | 124.17% |
| Growth Volatility | 20.05 |
Drewloong Precision Inc - Net Assets Trend (2014–2025)
This chart illustrates how Drewloong Precision 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 Drewloong Precision Inc (2014–2025)
The table below shows the annual net assets of Drewloong Precision Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.02 Billion | -3.11% |
| 2024-12-31 | NT$2.09 Billion | +10.52% |
| 2023-12-31 | NT$1.89 Billion | +9.67% |
| 2022-12-31 | NT$1.72 Billion | +0.27% |
| 2021-12-31 | NT$1.72 Billion | -6.79% |
| 2020-12-31 | NT$1.84 Billion | -7.35% |
| 2019-12-31 | NT$1.99 Billion | +59.98% |
| 2018-12-31 | NT$1.24 Billion | +22.70% |
| 2017-12-31 | NT$1.01 Billion | +12.29% |
| 2016-12-31 | NT$903.02 Million | +29.83% |
| 2015-12-31 | NT$695.54 Million | +38.37% |
| 2014-12-31 | NT$502.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drewloong Precision 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 343.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.31 Billion | 64.60% |
| Other Components | NT$716.50 Million | 35.40% |
| Total Equity | NT$2.02 Billion | 100.00% |
Drewloong Precision Inc Competitors by Market Cap
The table below lists competitors of Drewloong Precision Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fiducian Group Ltd
AU:FID
|
$106.50 Million |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$106.50 Million |
|
Lifezone Metals Limited
NYSE:LZM
|
$106.52 Million |
|
Rent the Runway Inc
NASDAQ:RENT
|
$106.54 Million |
|
Shiyan Taixiang Industry Co. Ltd. A
SHE:301192
|
$106.47 Million |
|
Viking Tech
TWO:3624
|
$106.44 Million |
|
Nova Klúbburinn hf.
IC:NOVA
|
$106.42 Million |
|
Nongshim Holdi
KO:072710
|
$106.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drewloong Precision Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,089,196,000 to 2,024,259,000, a change of -64,937,000 (-3.1%).
- Net income of 120,063,000 contributed positively to equity growth.
- Dividend payments of 185,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 178,424,000.
- Other factors increased equity by 178,424,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$120.06 Million | +5.93% |
| Dividends Paid | NT$185.00 Million | -9.14% |
| Other Comprehensive Income | NT$-178.42 Million | -8.81% |
| Other Changes | NT$178.42 Million | +8.81% |
| Total Change | NT$- | -3.11% |
Book Value vs Market Value Analysis
This analysis compares Drewloong Precision 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: 2.89x
- 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 5.49x to 2.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | NT$26.58 | NT$146.00 | x |
| 2016-12-31 | NT$25.66 | NT$146.00 | x |
| 2017-12-31 | NT$28.81 | NT$146.00 | x |
| 2018-12-31 | NT$35.03 | NT$146.00 | x |
| 2019-12-31 | NT$53.97 | NT$146.00 | x |
| 2020-12-31 | NT$45.96 | NT$146.00 | x |
| 2021-12-31 | NT$42.88 | NT$146.00 | x |
| 2022-12-31 | NT$42.98 | NT$146.00 | x |
| 2023-12-31 | NT$47.18 | NT$146.00 | x |
| 2024-12-31 | NT$50.36 | NT$146.00 | x |
| 2025-12-31 | NT$50.58 | NT$146.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drewloong Precision 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): 5.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.90%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.46x
- Recent ROE (5.93%) is below the historical average (11.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 16.23% | 24.25% | 0.48x | 1.39x | NT$43.32 Million |
| 2016 | 13.98% | 24.98% | 0.44x | 1.27x | NT$35.92 Million |
| 2017 | 14.79% | 26.59% | 0.42x | 1.32x | NT$48.60 Million |
| 2018 | 19.30% | 28.63% | 0.52x | 1.31x | NT$115.77 Million |
| 2019 | 11.13% | 27.18% | 0.35x | 1.17x | NT$22.47 Million |
| 2020 | 1.78% | 9.36% | 0.17x | 1.14x | NT$-151.65 Million |
| 2021 | 3.13% | 13.30% | 0.20x | 1.15x | NT$-118.17 Million |
| 2022 | 10.65% | 28.83% | 0.30x | 1.24x | NT$11.20 Million |
| 2023 | 12.80% | 29.07% | 0.35x | 1.25x | NT$53.00 Million |
| 2024 | 13.61% | 32.62% | 0.28x | 1.49x | NT$75.32 Million |
| 2025 | 5.93% | 17.90% | 0.23x | 1.46x | NT$-82.36 Million |
Industry Comparison
This section compares Drewloong Precision Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $4,240,162,333
- Average return on equity (ROE) among peers: -7.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drewloong Precision Inc (4572) | NT$2.02 Billion | 16.23% | 0.46x | $106.49 Million |
| CSBC Corp Taiwan (2208) | $6.46 Billion | -28.16% | 4.43x | $517.29 Million |
| Air Asia Co Ltd (2630) | $1.28 Billion | 2.99% | 0.64x | $132.09 Million |
| Aerospace Industrial Development Corp (2634) | $10.29 Billion | 18.18% | 1.46x | $943.70 Million |
| Evergreen Aviation Tech Corp (2645) | $12.96 Billion | 14.14% | 0.78x | $558.56 Million |
| Magnate Technology Co Ltd (4541) | $1.78 Billion | 6.76% | 1.01x | $64.56 Million |
| Chaheng Precision Co. Ltd. (4546) | $1.54 Billion | 16.24% | 1.47x | $74.51 Million |
| Lungteh Shipbldg Co Ltd (6753) | $3.03 Billion | 18.96% | 1.99x | $224.84 Million |
| Carbon-Based Technology Inc. (7719) | $69.19 Million | -102.11% | 1.50x | $10.93K |
| Aero Win Technology Corp (8222) | $751.28 Million | -13.70% | 0.72x | $60.22 Million |