Qualipoly Chemical Corp (4722) - Net Assets
Based on the latest financial reports, Qualipoly Chemical Corp (4722) has net assets worth NT$3.20 Billion TWD (≈ $100.83 Million 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$6.80 Billion ≈ $214.22 Million USD) and total liabilities (NT$3.60 Billion ≈ $113.39 Million 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 Qualipoly Chemical Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.20 Billion |
| % of Total Assets | 47.07% |
| Annual Growth Rate | 6.41% |
| 5-Year Change | 15.0% |
| 10-Year Change | 39.25% |
| Growth Volatility | 7.15 |
Qualipoly Chemical Corp - Net Assets Trend (2002–2025)
This chart illustrates how Qualipoly Chemical Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Qualipoly Chemical Corp.
Annual Net Assets for Qualipoly Chemical Corp (2002–2025)
The table below shows the annual net assets of Qualipoly Chemical Corp from 2002 to 2025. Also explore 4722 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.20 Billion ≈ $100.83 Million |
+5.34% |
| 2024-12-31 | NT$3.04 Billion ≈ $95.72 Million |
+5.17% |
| 2023-12-31 | NT$2.89 Billion ≈ $91.02 Million |
-0.58% |
| 2022-12-31 | NT$2.91 Billion ≈ $91.55 Million |
+4.41% |
| 2021-12-31 | NT$2.78 Billion ≈ $87.68 Million |
+9.59% |
| 2020-12-31 | NT$2.54 Billion ≈ $80.01 Million |
+1.31% |
| 2019-12-31 | NT$2.51 Billion ≈ $78.98 Million |
+2.28% |
| 2018-12-31 | NT$2.45 Billion ≈ $77.22 Million |
+4.70% |
| 2017-12-31 | NT$2.34 Billion ≈ $73.75 Million |
+1.86% |
| 2016-12-31 | NT$2.30 Billion ≈ $72.41 Million |
+14.38% |
| 2015-12-31 | NT$2.01 Billion ≈ $63.30 Million |
+11.53% |
| 2014-12-31 | NT$1.80 Billion ≈ $56.76 Million |
+5.67% |
| 2013-12-31 | NT$1.70 Billion ≈ $53.71 Million |
+29.87% |
| 2012-12-31 | NT$1.31 Billion ≈ $41.36 Million |
+8.50% |
| 2011-12-31 | NT$1.21 Billion ≈ $38.12 Million |
+8.05% |
| 2010-12-31 | NT$1.12 Billion ≈ $35.28 Million |
+22.47% |
| 2009-12-31 | NT$914.31 Million ≈ $28.81 Million |
+1.31% |
| 2008-12-31 | NT$902.52 Million ≈ $28.43 Million |
+0.34% |
| 2007-12-31 | NT$899.47 Million ≈ $28.34 Million |
+4.80% |
| 2006-12-31 | NT$858.29 Million ≈ $27.04 Million |
-0.74% |
| 2005-12-31 | NT$864.68 Million ≈ $27.24 Million |
+5.69% |
| 2004-12-31 | NT$818.11 Million ≈ $25.77 Million |
+4.08% |
| 2003-12-31 | NT$786.01 Million ≈ $24.76 Million |
+2.57% |
| 2002-12-31 | NT$766.31 Million ≈ $24.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qualipoly Chemical Corp'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 120791700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.21 Billion | 37.74% |
| Common Stock | NT$1.02 Billion | 31.82% |
| Other Comprehensive Income | NT$510.71 Million | 15.96% |
| Other Components | NT$463.26 Million | 14.48% |
| Total Equity | NT$3.20 Billion | 100.00% |
Qualipoly Chemical Corp Competitors by Market Cap
The table below lists competitors of Qualipoly Chemical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hamaton Automotive Technology Co Ltd
SHE:300643
|
$603.54 Million |
|
Isgec Heavy Engineering Limited
NSE:ISGEC
|
$603.59 Million |
|
BYBON Group Co Ltd Class A
SHE:300736
|
$604.12 Million |
|
Puyang Huicheng Electronic Material Co Ltd
SHE:300481
|
$604.31 Million |
|
Cracker Barrel Old Country Store
NASDAQ:CBRL
|
$603.26 Million |
|
Zhong Fu Tong Co Ltd
SHE:300560
|
$603.12 Million |
|
CSB Bank Limited
NSE:CSBBANK
|
$602.54 Million |
|
Shenzhen Refond Optoelectronics Co Ltd
SHE:300241
|
$602.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qualipoly Chemical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,038,174,000 to 3,200,397,000, a change of 162,223,000 (5.3%).
- Net income of 201,793,000 contributed positively to equity growth.
- Dividend payments of 141,103,000 reduced retained earnings.
- New share issuances of 58,301,000 increased equity.
- Other comprehensive income increased equity by 46,463,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$201.79 Million | +6.31% |
| Dividends Paid | NT$141.10 Million | -4.41% |
| Share Issuances | NT$58.30 Million | +1.82% |
| Other Comprehensive Income | NT$46.46 Million | +1.45% |
| Other Changes | NT$-3.23 Million | -0.1% |
| Total Change | NT$- | 5.34% |
Book Value vs Market Value Analysis
This analysis compares Qualipoly Chemical Corp'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: 5.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.98x to 5.92x 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$11.01 | NT$187.00 | x |
| 2005-12-31 | NT$10.84 | NT$187.00 | x |
| 2006-12-31 | NT$10.47 | NT$187.00 | x |
| 2007-12-31 | NT$10.97 | NT$187.00 | x |
| 2008-12-31 | NT$13.40 | NT$187.00 | x |
| 2009-12-31 | NT$13.88 | NT$187.00 | x |
| 2010-12-31 | NT$16.28 | NT$187.00 | x |
| 2011-12-31 | NT$16.76 | NT$187.00 | x |
| 2012-12-31 | NT$17.50 | NT$187.00 | x |
| 2013-12-31 | NT$18.78 | NT$187.00 | x |
| 2014-12-31 | NT$19.37 | NT$187.00 | x |
| 2015-12-31 | NT$21.64 | NT$187.00 | x |
| 2016-12-31 | NT$23.35 | NT$187.00 | x |
| 2017-12-31 | NT$23.36 | NT$187.00 | x |
| 2018-12-31 | NT$24.45 | NT$187.00 | x |
| 2019-12-31 | NT$25.01 | NT$187.00 | x |
| 2020-12-31 | NT$25.51 | NT$187.00 | x |
| 2021-12-31 | NT$28.20 | NT$187.00 | x |
| 2022-12-31 | NT$29.00 | NT$187.00 | x |
| 2023-12-31 | NT$28.88 | NT$187.00 | x |
| 2024-12-31 | NT$30.11 | NT$187.00 | x |
| 2025-12-31 | NT$31.59 | NT$187.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qualipoly Chemical Corp 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): 6.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.41%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.12x
- Recent ROE (6.31%) is below the historical average (9.35%), 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 | 12.05% | 5.14% | 1.26x | 1.86x | NT$15.68 Million |
| 2003 | 10.05% | 4.13% | 1.20x | 2.03x | NT$391.80K |
| 2004 | 11.84% | 4.17% | 1.28x | 2.22x | NT$15.07 Million |
| 2005 | 7.67% | 2.92% | 1.36x | 1.93x | NT$-20.19 Million |
| 2006 | 4.59% | 1.60% | 1.09x | 2.62x | NT$-46.47 Million |
| 2007 | 3.32% | 0.85% | 1.59x | 2.47x | NT$-60.08 Million |
| 2008 | 2.70% | 0.77% | 1.69x | 2.07x | NT$-65.84 Million |
| 2009 | 4.79% | 1.80% | 1.40x | 1.90x | NT$-47.61 Million |
| 2010 | 7.18% | 2.44% | 1.49x | 1.97x | NT$-31.63 Million |
| 2011 | 8.28% | 2.57% | 1.54x | 2.09x | NT$-22.02 Million |
| 2012 | 13.74% | 3.82% | 1.61x | 2.23x | NT$50.58 Million |
| 2013 | 8.21% | 2.88% | 1.50x | 1.89x | NT$-30.45 Million |
| 2014 | 9.92% | 3.58% | 1.48x | 1.88x | NT$-1.38 Million |
| 2015 | 17.30% | 7.72% | 1.41x | 1.59x | NT$146.67 Million |
| 2016 | 14.95% | 7.38% | 1.35x | 1.50x | NT$113.86 Million |
| 2017 | 12.61% | 5.96% | 1.36x | 1.56x | NT$61.07 Million |
| 2018 | 10.36% | 5.35% | 1.35x | 1.43x | NT$8.76 Million |
| 2019 | 10.24% | 5.98% | 1.31x | 1.31x | NT$6.03 Million |
| 2020 | 11.08% | 7.36% | 1.16x | 1.29x | NT$27.37 Million |
| 2021 | 13.22% | 7.61% | 1.04x | 1.66x | NT$89.51 Million |
| 2022 | 10.84% | 7.46% | 0.93x | 1.57x | NT$24.46 Million |
| 2023 | 5.78% | 4.83% | 0.74x | 1.61x | NT$-121.87 Million |
| 2024 | 7.39% | 5.56% | 0.76x | 1.76x | NT$-79.27 Million |
| 2025 | 6.31% | 5.41% | 0.55x | 2.12x | NT$-118.25 Million |
Industry Comparison
This section compares Qualipoly Chemical Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,138,471,900
- Average return on equity (ROE) among peers: 1.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qualipoly Chemical Corp (4722) | NT$3.20 Billion | 12.05% | 1.12x | $603.30 Million |
| Formosa Plastics Corp (1301) | $96.92 Billion | 10.21% | 0.85x | $12.51 Billion |
| Nan Ya Plastics Corp (1303) | $200.48 Billion | 19.93% | 0.88x | $55.97 Billion |
| USI Corp (1304) | $36.45 Billion | 1.48% | 0.89x | $412.16 Million |
| China General Plastics Corp (1305) | $8.24 Billion | -11.15% | 1.12x | $218.76 Million |
| Asia Polymer Corp (1308) | $6.53 Billion | 15.09% | 0.14x | $261.89 Million |
| Taita Chemical Co Ltd (1309) | $6.65 Billion | -4.11% | 0.34x | $171.61 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 6.39% | 0.34x | $971.83 Million |
| Ocean Plastics Co Ltd (1321) | $5.35 Billion | -1.34% | 1.18x | $224.58 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $7.86 Billion | -24.02% | 0.07x | $37.28 Million |
| Everlight Chemical Industrial Corp (1711) | $5.71 Billion | 5.57% | 0.45x | $677.35 Million |
About Qualipoly Chemical Corp
Qualipoly Chemical Corp., together with its subsidiaries, manufactures and sells UV curable materials, unsaturated polyester resins, and synthetic resins in Taiwan, Asia, Europe, North and South America, and internationally. It operates through the Qualipoly Chemical Corp. and Qualipoly Technology (Guangdong) Corp. segments. The company offers UV curable materials, including monomers, oligomers, … Read more