Chia Chang Co Ltd (4942) - Net Assets
Based on the latest financial reports, Chia Chang Co Ltd (4942) has net assets worth NT$9.12 Billion TWD (≈ $287.44 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$11.42 Billion ≈ $359.78 Million USD) and total liabilities (NT$2.30 Billion ≈ $72.34 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 tangible equity quality of Chia Chang Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.12 Billion |
| % of Total Assets | 79.89% |
| Annual Growth Rate | 3.24% |
| 5-Year Change | 14.07% |
| 10-Year Change | 34.64% |
| Growth Volatility | 7.89 |
Chia Chang Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Chia Chang Co Ltd's net assets have evolved over time, based on quarterly financial data. See 4942 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chia Chang Co Ltd (2009–2025)
The table below shows the annual net assets of Chia Chang Co Ltd from 2009 to 2025. For live valuation and market cap data, see market value of Chia Chang Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.09 Billion ≈ $286.54 Million |
-0.45% |
| 2024-12-31 | NT$9.14 Billion ≈ $287.85 Million |
+7.08% |
| 2023-12-31 | NT$8.53 Billion ≈ $268.81 Million |
+2.14% |
| 2022-12-31 | NT$8.35 Billion ≈ $263.18 Million |
+4.77% |
| 2021-12-31 | NT$7.97 Billion ≈ $251.19 Million |
+6.39% |
| 2020-12-31 | NT$7.49 Billion ≈ $236.10 Million |
+5.41% |
| 2019-12-31 | NT$7.11 Billion ≈ $223.99 Million |
+1.41% |
| 2018-12-31 | NT$7.01 Billion ≈ $220.89 Million |
+5.74% |
| 2017-12-31 | NT$6.63 Billion ≈ $208.89 Million |
-1.85% |
| 2016-12-31 | NT$6.76 Billion ≈ $212.82 Million |
-7.25% |
| 2015-12-31 | NT$7.28 Billion ≈ $229.46 Million |
-12.03% |
| 2014-12-31 | NT$8.28 Billion ≈ $260.83 Million |
+7.29% |
| 2013-12-31 | NT$7.72 Billion ≈ $243.12 Million |
+7.24% |
| 2012-12-31 | NT$7.20 Billion ≈ $226.69 Million |
+0.60% |
| 2011-12-31 | NT$7.15 Billion ≈ $225.35 Million |
+26.33% |
| 2010-12-31 | NT$5.66 Billion ≈ $178.38 Million |
+3.69% |
| 2009-12-31 | NT$5.46 Billion ≈ $172.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chia Chang 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 156.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.98 Billion | 43.83% |
| Common Stock | NT$1.42 Billion | 15.66% |
| Other Comprehensive Income | NT$897.50 Million | 9.87% |
| Other Components | NT$2.78 Billion | 30.64% |
| Total Equity | NT$9.09 Billion | 100.00% |
Chia Chang Co Ltd Competitors by Market Cap
The table below lists competitors of Chia Chang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phoenix Asia Holdings Limited Ordinary Shares
NASDAQ:PHOE
|
$169.56 Million |
|
Sanurhasta Mitra PT
JK:MINA
|
$169.58 Million |
|
Simmtech Holdings Co. Ltd
KQ:036710
|
$169.60 Million |
|
Equity Commonwealth
NYSE:EQC
|
$169.73 Million |
|
Rafael Microelectronics
TWO:6568
|
$169.49 Million |
|
Wei Chih Steel Industrial Co Ltd
TW:2028
|
$169.46 Million |
|
Aurora Cannabis Inc
TO:ACB
|
$169.42 Million |
|
Allgeier SE
XETRA:AEIN
|
$169.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chia Chang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,131,368,000 to 9,089,872,000, a change of -41,496,000 (-0.5%).
- Net income of 435,665,000 contributed positively to equity growth.
- Dividend payments of 284,735,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,074,407,998.
- Other factors decreased equity by 1,266,833,998.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$435.67 Million | +4.79% |
| Dividends Paid | NT$284.74 Million | -3.13% |
| Other Comprehensive Income | NT$1.07 Billion | +11.82% |
| Other Changes | NT$-1.27 Billion | -13.94% |
| Total Change | NT$- | -0.45% |
Book Value vs Market Value Analysis
This analysis compares Chia Chang 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: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.98x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$38.73 | NT$37.80 | x |
| 2010-12-31 | NT$40.80 | NT$37.80 | x |
| 2011-12-31 | NT$48.74 | NT$37.80 | x |
| 2012-12-31 | NT$46.89 | NT$37.80 | x |
| 2013-12-31 | NT$50.35 | NT$37.80 | x |
| 2014-12-31 | NT$53.94 | NT$37.80 | x |
| 2015-12-31 | NT$47.93 | NT$37.80 | x |
| 2016-12-31 | NT$46.67 | NT$37.80 | x |
| 2017-12-31 | NT$46.11 | NT$37.80 | x |
| 2018-12-31 | NT$48.78 | NT$37.80 | x |
| 2019-12-31 | NT$49.59 | NT$37.80 | x |
| 2020-12-31 | NT$52.27 | NT$37.80 | x |
| 2021-12-31 | NT$55.33 | NT$37.80 | x |
| 2022-12-31 | NT$57.83 | NT$37.80 | x |
| 2023-12-31 | NT$59.52 | NT$37.80 | x |
| 2024-12-31 | NT$63.73 | NT$37.80 | x |
| 2025-12-31 | NT$63.85 | NT$37.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chia Chang 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): 4.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.15%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.30x
- Recent ROE (4.79%) is below the historical average (7.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 16.17% | 12.86% | 0.86x | 1.46x | NT$332.73 Million |
| 2010 | 14.15% | 9.54% | 1.03x | 1.44x | NT$234.74 Million |
| 2011 | 9.17% | 7.74% | 0.82x | 1.44x | NT$-59.22 Million |
| 2012 | 8.55% | 7.44% | 0.76x | 1.51x | NT$-104.35 Million |
| 2013 | 6.47% | 5.22% | 0.79x | 1.57x | NT$-271.80 Million |
| 2014 | 4.76% | 4.17% | 0.78x | 1.46x | NT$-432.82 Million |
| 2015 | -7.29% | -7.53% | 0.69x | 1.41x | NT$-1.26 Billion |
| 2016 | 4.82% | 5.29% | 0.67x | 1.36x | NT$-349.82 Million |
| 2017 | 3.77% | 3.97% | 0.66x | 1.43x | NT$-412.40 Million |
| 2018 | 9.16% | 8.98% | 0.72x | 1.41x | NT$-59.06 Million |
| 2019 | 9.15% | 8.53% | 0.78x | 1.38x | NT$-60.31 Million |
| 2020 | 9.04% | 9.32% | 0.71x | 1.37x | NT$-71.70 Million |
| 2021 | 11.41% | 10.42% | 0.77x | 1.42x | NT$112.05 Million |
| 2022 | 7.73% | 8.23% | 0.73x | 1.29x | NT$-189.89 Million |
| 2023 | 7.21% | 10.12% | 0.57x | 1.24x | NT$-237.68 Million |
| 2024 | 6.50% | 10.48% | 0.48x | 1.30x | NT$-319.20 Million |
| 2025 | 4.79% | 7.15% | 0.52x | 1.30x | NT$-473.32 Million |
Industry Comparison
This section compares Chia Chang Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chia Chang Co Ltd (4942) | NT$9.12 Billion | 16.17% | 0.25x | $169.55 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About Chia Chang Co Ltd
Chia Chang Co., Ltd engages in manufacturing, processing, and sale of optoelectronic and information electronic components, molds, and precision instruments in Taiwan, Japan, and South Korea. The company offers 1U server, semiconductor equipment component, wireless access point, wireless access point chassis, wireless access point reflector, and chassis of camera; medical device metal fabrication… Read more