Double Bond Chemical Ind Co Ltd (4764) - Net Assets
Based on the latest financial reports, Double Bond Chemical Ind Co Ltd (4764) has net assets worth NT$2.16 Billion TWD (≈ $68.19 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.57 Billion ≈ $143.92 Million USD) and total liabilities (NT$2.40 Billion ≈ $75.73 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 Double Bond Chemical Ind Co Ltd (4764) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.16 Billion |
| % of Total Assets | 47.38% |
| Annual Growth Rate | 17.04% |
| 5-Year Change | -0.94% |
| 10-Year Change | 82.2% |
| Growth Volatility | 37.24 |
Double Bond Chemical Ind Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Double Bond Chemical Ind Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Double Bond Chemical Ind Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Double Bond Chemical Ind Co Ltd (2013–2024)
The table below shows the annual net assets of Double Bond Chemical Ind Co Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Double Bond Chemical Ind Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.20 Billion ≈ $69.24 Million |
+1.22% |
| 2023-12-31 | NT$2.17 Billion ≈ $68.41 Million |
-7.37% |
| 2022-12-31 | NT$2.34 Billion ≈ $73.85 Million |
+2.53% |
| 2021-12-31 | NT$2.29 Billion ≈ $72.03 Million |
+3.04% |
| 2020-12-31 | NT$2.22 Billion ≈ $69.90 Million |
-5.91% |
| 2019-12-31 | NT$2.36 Billion ≈ $74.29 Million |
-8.66% |
| 2018-12-31 | NT$2.58 Billion ≈ $81.33 Million |
+41.66% |
| 2017-12-31 | NT$1.82 Billion ≈ $57.41 Million |
+16.08% |
| 2016-12-31 | NT$1.57 Billion ≈ $49.46 Million |
+30.15% |
| 2015-12-31 | NT$1.21 Billion ≈ $38.00 Million |
+37.17% |
| 2014-12-31 | NT$879.35 Million ≈ $27.70 Million |
+125.88% |
| 2013-12-31 | NT$389.30 Million ≈ $12.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Double Bond Chemical Ind 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 329.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$680.10 Million | 31.05% |
| Common Stock | NT$855.42 Million | 39.06% |
| Other Comprehensive Income | NT$315.54 Million | 14.41% |
| Other Components | NT$339.00 Million | 15.48% |
| Total Equity | NT$2.19 Billion | 100.00% |
Double Bond Chemical Ind Co Ltd Competitors by Market Cap
The table below lists competitors of Double Bond Chemical Ind Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Catapult Group International Ltd
AU:CAT
|
$695.34 Million |
|
ZJAMP Group Co Ltd
SHE:002758
|
$695.40 Million |
|
Zhejiang Yankon Group Co Ltd
SHG:600261
|
$695.48 Million |
|
Svenska Cellulosa Aktiebolaget SCA (publ)
ST:SCA-A
|
$695.74 Million |
|
Ethos Limited
NSE:ETHOSLTD
|
$695.02 Million |
|
Shandong Shuangyi Technology Co Ltd
SHE:300690
|
$694.18 Million |
|
Slate Grocery REIT
TO:SGR-UN
|
$694.00 Million |
|
Zhuhai Comleader Information Science & Technology Co. Ltd. A
SHG:688175
|
$693.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Double Bond Chemical Ind Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,166,305,000 to 2,190,056,000, a change of 23,751,000 (1.1%).
- Net loss of 37,290,000 reduced equity.
- Other comprehensive income increased equity by 104,983,000.
- Other factors decreased equity by 43,942,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-37.29 Million | -1.7% |
| Other Comprehensive Income | NT$104.98 Million | +4.79% |
| Other Changes | NT$-43.94 Million | -2.01% |
| Total Change | NT$- | 1.10% |
Book Value vs Market Value Analysis
This analysis compares Double Bond Chemical Ind 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: 10.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$25.71 | NT$258.00 | x |
| 2014-12-31 | NT$22.89 | NT$258.00 | x |
| 2015-12-31 | NT$24.86 | NT$258.00 | x |
| 2016-12-31 | NT$20.01 | NT$258.00 | x |
| 2017-12-31 | NT$22.85 | NT$258.00 | x |
| 2018-12-31 | NT$28.36 | NT$258.00 | x |
| 2019-12-31 | NT$24.19 | NT$258.00 | x |
| 2020-12-31 | NT$22.91 | NT$258.00 | x |
| 2021-12-31 | NT$26.66 | NT$258.00 | x |
| 2022-12-31 | NT$27.34 | NT$258.00 | x |
| 2023-12-31 | NT$25.32 | NT$258.00 | x |
| 2024-12-31 | NT$25.60 | NT$258.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Double Bond Chemical Ind 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): -1.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.38%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.22x
- Recent ROE (-1.70%) is below the historical average (13.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 34.07% | 5.61% | 1.29x | 4.71x | NT$91.33 Million |
| 2014 | 35.79% | 8.89% | 1.39x | 2.90x | NT$223.42 Million |
| 2015 | 21.69% | 7.21% | 1.31x | 2.29x | NT$139.53 Million |
| 2016 | 20.35% | 7.68% | 1.55x | 1.71x | NT$161.08 Million |
| 2017 | 18.30% | 8.06% | 1.39x | 1.64x | NT$150.06 Million |
| 2018 | 21.91% | 12.41% | 1.05x | 1.68x | NT$305.63 Million |
| 2019 | 8.27% | 5.56% | 0.87x | 1.72x | NT$-40.57 Million |
| 2020 | 2.81% | 2.36% | 0.58x | 2.04x | NT$-159.16 Million |
| 2021 | 4.68% | 3.49% | 0.64x | 2.11x | NT$-121.34 Million |
| 2022 | 2.58% | 2.15% | 0.59x | 2.05x | NT$-173.65 Million |
| 2023 | -3.97% | -3.86% | 0.49x | 2.10x | NT$-302.54 Million |
| 2024 | -1.70% | -1.38% | 0.55x | 2.22x | NT$-256.30 Million |
Industry Comparison
This section compares Double Bond Chemical Ind Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $54,631,660,400
- Average return on equity (ROE) among peers: 2.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Double Bond Chemical Ind Co Ltd (4764) | NT$2.16 Billion | 34.07% | 1.11x | $695.32 Million |
| Formosa Plastics Corp (1301) | $180.20 Billion | 10.94% | 0.63x | $10.33 Billion |
| Nan Ya Plastics Corp (1303) | $257.74 Billion | 1.64% | 0.75x | $22.39 Billion |
| USI Corp (1304) | $10.21 Billion | 0.00% | 0.95x | $484.79 Million |
| China General Plastics Corp (1305) | $4.59 Billion | -7.19% | 1.20x | $271.85 Million |
| Asia Polymer Corp (1308) | $9.45 Billion | 6.54% | 0.10x | $281.53 Million |
| Taita Chemical Co Ltd (1309) | $3.99 Billion | 5.21% | 1.19x | $260.54 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 6.39% | 0.34x | $884.79 Million |
| Ocean Plastics Co Ltd (1321) | $4.96 Billion | -2.93% | 0.96x | $211.37 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $42.54 Million |
| Everlight Chemical Industrial Corp (1711) | $7.98 Billion | 5.87% | 0.70x | $975.03 Million |
About Double Bond Chemical Ind Co Ltd
Double Bond Chemical Ind. Co., Ltd. manufactures and sells fine chemicals with focus on the polymer and UV-coating industries in Taiwan and internationally. It offers polymer additives, such as benzophenone and benzotriazole UV absorbers; hindered amine and other light stabilizers; phenolic, phosphite, thioester, and other antioxidants; lubricant additives; textile auxiliaries; optical brightener… Read more