Allied Supreme Corp (4770) - Net Assets
Based on the latest financial reports, Allied Supreme Corp (4770) has net assets worth NT$8.08 Billion TWD (≈ $254.55 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$10.53 Billion ≈ $331.65 Million USD) and total liabilities (NT$2.45 Billion ≈ $77.10 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 Allied Supreme Corp (4770) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.08 Billion |
| % of Total Assets | 76.75% |
| Annual Growth Rate | 20.1% |
| 5-Year Change | 48.68% |
| 10-Year Change | N/A |
| Growth Volatility | 26.49 |
Allied Supreme Corp - Net Assets Trend (2016–2025)
This chart illustrates how Allied Supreme Corp's net assets have evolved over time, based on quarterly financial data. See Allied Supreme Corp (4770) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Allied Supreme Corp (2016–2025)
The table below shows the annual net assets of Allied Supreme Corp from 2016 to 2025. For live valuation and market cap data, see 4770 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.23 Billion ≈ $259.35 Million |
-1.36% |
| 2024-12-31 | NT$8.35 Billion ≈ $262.92 Million |
+12.13% |
| 2023-12-31 | NT$7.44 Billion ≈ $234.49 Million |
+10.59% |
| 2022-12-31 | NT$6.73 Billion ≈ $212.04 Million |
+21.56% |
| 2021-12-31 | NT$5.54 Billion ≈ $174.44 Million |
+93.92% |
| 2020-12-31 | NT$2.86 Billion ≈ $89.95 Million |
+10.96% |
| 2019-12-31 | NT$2.57 Billion ≈ $81.07 Million |
+8.02% |
| 2018-12-31 | NT$2.38 Billion ≈ $75.05 Million |
+17.74% |
| 2017-12-31 | NT$2.02 Billion ≈ $63.75 Million |
+27.79% |
| 2016-12-31 | NT$1.58 Billion ≈ $49.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Allied Supreme 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 545.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.23 Billion | 51.39% |
| Common Stock | NT$799.76 Million | 9.72% |
| Other Comprehensive Income | NT$1.16 Billion | 14.08% |
| Other Components | NT$2.04 Billion | 24.82% |
| Total Equity | NT$8.23 Billion | 100.00% |
Allied Supreme Corp Competitors by Market Cap
The table below lists competitors of Allied Supreme Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Jiawei Photovoltaic Lighting Co Ltd
SHE:300317
|
$543.03 Million |
|
Black Cat Syndicate Ltd
AU:BC8
|
$543.45 Million |
|
Shanghai Golden Union Commercial Management Co Ltd
SHG:603682
|
$543.45 Million |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
$543.53 Million |
|
Ichitan Group Public Company Limited
BK:ICHI
|
$542.97 Million |
|
Hyulim ROBOT Co.Ltd
KQ:090710
|
$542.91 Million |
|
Cineplex Inc.
TO:CGX
|
$542.66 Million |
|
Xinjiang East Universe Group Gas Co Ltd
SHG:603706
|
$542.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allied Supreme Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,345,353,000 to 8,231,844,999, a change of -113,508,001 (-1.4%).
- Net income of 815,863,000 contributed positively to equity growth.
- Dividend payments of 959,712,000 reduced retained earnings.
- Other comprehensive income increased equity by 125,976,000.
- Other factors decreased equity by 95,635,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$815.86 Million | +9.91% |
| Dividends Paid | NT$959.71 Million | -11.66% |
| Other Comprehensive Income | NT$125.98 Million | +1.53% |
| Other Changes | NT$-95.64 Million | -1.16% |
| Total Change | NT$- | -1.36% |
Book Value vs Market Value Analysis
This analysis compares Allied Supreme 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: 2.09x
- 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 7.40x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$29.12 | NT$215.50 | x |
| 2018-12-31 | NT$33.61 | NT$215.50 | x |
| 2019-12-31 | NT$36.67 | NT$215.50 | x |
| 2020-12-31 | NT$40.42 | NT$215.50 | x |
| 2021-12-31 | NT$78.29 | NT$215.50 | x |
| 2022-12-31 | NT$83.97 | NT$215.50 | x |
| 2023-12-31 | NT$93.05 | NT$215.50 | x |
| 2024-12-31 | NT$103.79 | NT$215.50 | x |
| 2025-12-31 | NT$102.91 | NT$215.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allied Supreme 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): 9.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.26%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.26x
- Recent ROE (9.91%) is below the historical average (20.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 29.29% | 25.81% | 0.80x | 1.42x | NT$390.33 Million |
| 2018 | 21.02% | 20.84% | 0.61x | 1.65x | NT$260.24 Million |
| 2019 | 19.42% | 19.33% | 0.63x | 1.59x | NT$242.43 Million |
| 2020 | 18.44% | 20.01% | 0.56x | 1.66x | NT$240.87 Million |
| 2021 | 17.45% | 25.21% | 0.47x | 1.47x | NT$412.62 Million |
| 2022 | 26.39% | 28.93% | 0.64x | 1.42x | NT$1.10 Billion |
| 2023 | 22.62% | 29.57% | 0.57x | 1.34x | NT$938.98 Million |
| 2024 | 20.76% | 26.83% | 0.60x | 1.28x | NT$898.23 Million |
| 2025 | 9.91% | 17.26% | 0.46x | 1.26x | NT$-7.32 Million |
Industry Comparison
This section compares Allied Supreme Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $42,476,301,700
- Average return on equity (ROE) among peers: 6.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allied Supreme Corp (4770) | NT$8.08 Billion | 29.29% | 0.30x | $542.99 Million |
| Formosa Plastics Corp (1301) | $96.92 Billion | 10.21% | 0.85x | $10.37 Billion |
| Nan Ya Plastics Corp (1303) | $179.41 Billion | 24.24% | 0.88x | $34.73 Billion |
| USI Corp (1304) | $24.30 Billion | 9.12% | 1.05x | $457.76 Million |
| China General Plastics Corp (1305) | $8.24 Billion | -11.15% | 1.12x | $242.56 Million |
| Asia Polymer Corp (1308) | $9.60 Billion | 2.99% | 0.62x | $260.95 Million |
| Taita Chemical Co Ltd (1309) | $6.36 Billion | 30.21% | 0.45x | $184.76 Million |
| China Petrochemical Development Corp (1314) | $76.32 Billion | -3.89% | 0.69x | $927.71 Million |
| Ocean Plastics Co Ltd (1321) | $4.96 Billion | 0.75% | 1.12x | $223.53 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $9.85 Billion | 4.13% | 0.13x | $42.96 Million |
| Everlight Chemical Industrial Corp (1711) | $8.81 Billion | 2.77% | 0.50x | $781.75 Million |
About Allied Supreme Corp
Allied Supreme Corp., together with its subsidiaries, manufactures and sells fluoropolymer resin in China, America, and Taiwan. The company offers fluoropolymer materials, lining products, and coatings; customized products, such as injection molding products, overflow sink/tank, PTFE micro-powders, and PTFE compounds; and solutions for semiconductor, flat panel display, solar, pharmaceutical, bio… Read more