Nan Pao Resins Chemical Co Ltd (4766) - Net Assets
Based on the latest financial reports, Nan Pao Resins Chemical Co Ltd (4766) has net assets worth NT$14.27 Billion TWD (≈ $449.47 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$26.88 Billion ≈ $846.83 Million USD) and total liabilities (NT$12.61 Billion ≈ $397.36 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 Nan Pao Resins Chemical Co Ltd (4766) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$14.27 Billion |
| % of Total Assets | 53.08% |
| Annual Growth Rate | 13.01% |
| 5-Year Change | 42.34% |
| 10-Year Change | 175.77% |
| Growth Volatility | 14.38 |
Nan Pao Resins Chemical Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Nan Pao Resins Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 4766 asset base for the complete picture of this company's asset base.
Annual Net Assets for Nan Pao Resins Chemical Co Ltd (2013–2024)
The table below shows the annual net assets of Nan Pao Resins Chemical Co Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Nan Pao Resins Chemical Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$15.94 Billion ≈ $502.09 Million |
+9.55% |
| 2023-12-31 | NT$14.55 Billion ≈ $458.30 Million |
-7.01% |
| 2022-12-31 | NT$15.64 Billion ≈ $492.85 Million |
-3.85% |
| 2021-12-31 | NT$16.27 Billion ≈ $512.60 Million |
+45.32% |
| 2020-12-31 | NT$11.20 Billion ≈ $352.74 Million |
+6.06% |
| 2019-12-31 | NT$10.56 Billion ≈ $332.59 Million |
+1.95% |
| 2018-12-31 | NT$10.36 Billion ≈ $326.24 Million |
+27.59% |
| 2017-12-31 | NT$8.12 Billion ≈ $255.69 Million |
+13.82% |
| 2016-12-31 | NT$7.13 Billion ≈ $224.64 Million |
+23.38% |
| 2015-12-31 | NT$5.78 Billion ≈ $182.07 Million |
+17.45% |
| 2014-12-31 | NT$4.92 Billion ≈ $155.02 Million |
+18.55% |
| 2013-12-31 | NT$4.15 Billion ≈ $130.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nan Pao Resins Chemical 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 185.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$7.60 Billion | 52.45% |
| Common Stock | NT$1.21 Billion | 8.32% |
| Other Components | NT$5.68 Billion | 39.23% |
| Total Equity | NT$14.49 Billion | 100.00% |
Nan Pao Resins Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Nan Pao Resins Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dalata Hotel Group Plc
IR:DHG
|
$1.36 Billion |
|
American Axle & Manufacturing
NYSE:AXL
|
$1.36 Billion |
|
Bell AG
SW:BELL
|
$1.36 Billion |
|
PharmaBlock Sciences Nanjing Inc Class A
SHE:300725
|
$1.36 Billion |
|
Svitzer Group A/S
CO:SVITZR
|
$1.36 Billion |
|
Perpetual Ltd
AU:PPT
|
$1.36 Billion |
|
Sanyang Motor Co Ltd
TW:2206
|
$1.36 Billion |
|
Zhejiang Fulai New Material Co.Ltd.
SHG:605488
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nan Pao Resins Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,177,213,000 to 14,491,589,000, a change of 1,314,376,000 (10.0%).
- Net income of 2,684,261,000 contributed positively to equity growth.
- Dividend payments of 1,901,289,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,861,783,000.
- Other factors increased equity by 3,393,187,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.68 Billion | +18.52% |
| Dividends Paid | NT$1.90 Billion | -13.12% |
| Other Comprehensive Income | NT$-2.86 Billion | -19.75% |
| Other Changes | NT$3.39 Billion | +23.41% |
| Total Change | NT$- | 9.97% |
Book Value vs Market Value Analysis
This analysis compares Nan Pao Resins Chemical 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: 2.99x
- 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 7.27x to 2.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | NT$49.31 | NT$358.50 | x |
| 2015-12-31 | NT$54.93 | NT$358.50 | x |
| 2016-12-31 | NT$67.45 | NT$358.50 | x |
| 2017-12-31 | NT$69.04 | NT$358.50 | x |
| 2018-12-31 | NT$87.62 | NT$358.50 | x |
| 2019-12-31 | NT$80.57 | NT$358.50 | x |
| 2020-12-31 | NT$84.90 | NT$358.50 | x |
| 2021-12-31 | NT$126.38 | NT$358.50 | x |
| 2022-12-31 | NT$120.24 | NT$358.50 | x |
| 2023-12-31 | NT$108.99 | NT$358.50 | x |
| 2024-12-31 | NT$119.89 | NT$358.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nan Pao Resins Chemical 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): 18.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.68%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.88x
- Recent ROE (18.52%) is above the historical average (13.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.12% | 4.57% | 1.32x | 2.34x | NT$193.45 Million |
| 2015 | 18.70% | 7.14% | 1.22x | 2.14x | NT$480.14 Million |
| 2016 | 19.51% | 9.16% | 1.04x | 2.04x | NT$645.93 Million |
| 2017 | 11.83% | 6.03% | 0.96x | 2.04x | NT$136.15 Million |
| 2018 | 6.99% | 4.20% | 0.92x | 1.80x | NT$-289.99 Million |
| 2019 | 12.61% | 7.18% | 0.93x | 1.89x | NT$254.13 Million |
| 2020 | 11.88% | 7.84% | 0.80x | 1.88x | NT$193.09 Million |
| 2021 | 5.73% | 4.87% | 0.69x | 1.70x | NT$-652.00 Million |
| 2022 | 11.97% | 7.91% | 0.89x | 1.70x | NT$286.26 Million |
| 2023 | 18.43% | 11.80% | 0.87x | 1.80x | NT$1.11 Billion |
| 2024 | 18.52% | 11.68% | 0.84x | 1.88x | NT$1.24 Billion |
Industry Comparison
This section compares Nan Pao Resins Chemical Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $57,109,694,600
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nan Pao Resins Chemical Co Ltd (4766) | NT$14.27 Billion | 14.12% | 0.88x | $1.36 Billion |
| Formosa Plastics Corp (1301) | $96.92 Billion | 10.21% | 0.85x | $10.33 Billion |
| Nan Ya Plastics Corp (1303) | $367.22 Billion | 14.85% | 0.48x | $22.39 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $484.79 Million |
| China General Plastics Corp (1305) | $8.24 Billion | -11.92% | 1.12x | $271.85 Million |
| Asia Polymer Corp (1308) | $5.06 Billion | 6.70% | 0.14x | $281.53 Million |
| Taita Chemical Co Ltd (1309) | $3.29 Billion | 16.28% | 1.75x | $260.54 Million |
| China Petrochemical Development Corp (1314) | $51.06 Billion | -3.66% | 0.50x | $884.79 Million |
| Ocean Plastics Co Ltd (1321) | $2.58 Billion | -10.23% | 0.69x | $211.37 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $42.54 Million |
| Everlight Chemical Industrial Corp (1711) | $7.32 Billion | 8.03% | 0.59x | $975.03 Million |
About Nan Pao Resins Chemical Co Ltd
Nan Pao Resins Chemical Co., Ltd. engages in the manufacturing, wholesale, and retail sale of synthetic resins and plastics, adhesives, resin coatings, dyes, and pigments in Taiwan, rest of Asia, Oceania, Europe, Africa, and America. The company offers footwear adhesives, including water based polyurethane dispersion, footwear cleaners, primers, and hardeners, as well as T-PU and shoe adhesives; … Read more