San Shing Fastech Corp
San Shing Fastech Corp. engages in the manufacturing of steel nuts. It offers nuts, screw, wires, tooling, in-house bolt, mould, mechanical, washers, and other products. San Shing Fastech Corp. was incorporated in 1965 and is based in Tainan City, Taiwan.
San Shing Fastech Corp (5007) - Net Assets
Latest net assets as of September 2025: NT$7.19 Billion TWD
Based on the latest financial reports, San Shing Fastech Corp (5007) has net assets worth NT$7.19 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.26 Billion) and total liabilities (NT$1.06 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.19 Billion |
| % of Total Assets | 87.11% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 15.7% |
| 10-Year Change | 38.46% |
| Growth Volatility | 7.11 |
San Shing Fastech Corp - Net Assets Trend (2002–2024)
This chart illustrates how San Shing Fastech Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for San Shing Fastech Corp (2002–2024)
The table below shows the annual net assets of San Shing Fastech Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.49 Billion | +2.51% |
| 2023-12-31 | NT$7.31 Billion | +2.96% |
| 2022-12-31 | NT$7.10 Billion | +3.32% |
| 2021-12-31 | NT$6.87 Billion | +6.10% |
| 2020-12-31 | NT$6.48 Billion | -0.27% |
| 2019-12-31 | NT$6.49 Billion | -1.08% |
| 2018-12-31 | NT$6.57 Billion | +3.87% |
| 2017-12-31 | NT$6.32 Billion | +6.99% |
| 2016-12-31 | NT$5.91 Billion | +9.15% |
| 2015-12-31 | NT$5.41 Billion | +3.70% |
| 2014-12-31 | NT$5.22 Billion | +12.42% |
| 2013-12-31 | NT$4.64 Billion | +24.46% |
| 2012-12-31 | NT$3.73 Billion | +0.07% |
| 2011-12-31 | NT$3.73 Billion | +11.84% |
| 2010-12-31 | NT$3.33 Billion | +9.14% |
| 2009-12-31 | NT$3.05 Billion | -7.96% |
| 2008-12-31 | NT$3.32 Billion | +13.81% |
| 2007-12-31 | NT$2.92 Billion | +4.72% |
| 2006-12-31 | NT$2.78 Billion | +8.39% |
| 2005-12-31 | NT$2.57 Billion | +12.02% |
| 2004-12-31 | NT$2.29 Billion | +20.53% |
| 2003-12-31 | NT$1.90 Billion | +11.80% |
| 2002-12-31 | NT$1.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to San Shing Fastech 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 659.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.98 Billion | 27.63% |
| Other Components | NT$5.18 Billion | 72.37% |
| Total Equity | NT$7.16 Billion | 100.00% |
San Shing Fastech Corp Competitors by Market Cap
The table below lists competitors of San Shing Fastech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energy Transition Minerals Ltd
AU:ETM
|
$89.22 Million |
|
PSB Holdings Inc
OTCQX:PSBQ
|
$89.23 Million |
|
Intellicheck Mobilisa Inc
NASDAQ:IDN
|
$89.24 Million |
|
DADELO S.A. ZY -20
F:91N0
|
$89.29 Million |
|
Hsing Ta Cement Co Ltd
TW:1109
|
$89.19 Million |
|
Teixeira Duarte
LS:TDSA
|
$89.19 Million |
|
Yiren Digital Ltd
F:19YA
|
$89.17 Million |
|
PERENNIAL ENERGY HD-01
F:PEZ
|
$89.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in San Shing Fastech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,967,417,000 to 7,163,674,000, a change of 196,257,000 (2.8%).
- Net income of 1,056,660,000 contributed positively to equity growth.
- Dividend payments of 884,820,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,689,747,000.
- Other factors increased equity by 1,714,164,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.06 Billion | +14.75% |
| Dividends Paid | NT$884.82 Million | -12.35% |
| Other Comprehensive Income | NT$-1.69 Billion | -23.59% |
| Other Changes | NT$1.71 Billion | +23.93% |
| Total Change | NT$- | 2.82% |
Book Value vs Market Value Analysis
This analysis compares San Shing Fastech 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: 2.33x
- 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 5.11x to 2.33x 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$11.06 | NT$56.50 | x |
| 2010-12-31 | NT$12.06 | NT$56.50 | x |
| 2011-12-31 | NT$13.48 | NT$56.50 | x |
| 2012-12-31 | NT$13.32 | NT$56.50 | x |
| 2013-12-31 | NT$15.24 | NT$56.50 | x |
| 2014-12-31 | NT$17.14 | NT$56.50 | x |
| 2015-12-31 | NT$17.78 | NT$56.50 | x |
| 2016-12-31 | NT$19.42 | NT$56.50 | x |
| 2017-12-31 | NT$20.76 | NT$56.50 | x |
| 2018-12-31 | NT$21.55 | NT$56.50 | x |
| 2019-12-31 | NT$21.28 | NT$56.50 | x |
| 2020-12-31 | NT$21.28 | NT$56.50 | x |
| 2021-12-31 | NT$22.58 | NT$56.50 | x |
| 2022-12-31 | NT$23.23 | NT$56.50 | x |
| 2023-12-31 | NT$23.60 | NT$56.50 | x |
| 2024-12-31 | NT$24.29 | NT$56.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently San Shing Fastech 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): 14.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.49%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.24x
- Recent ROE (14.75%) is below the historical average (16.30%), 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 | 13.16% | 4.37% | 1.01x | 2.99x | NT$53.78 Million |
| 2003 | 16.35% | 5.25% | 1.16x | 2.70x | NT$120.80 Million |
| 2004 | 26.37% | 7.38% | 1.36x | 2.63x | NT$375.36 Million |
| 2005 | 18.85% | 7.25% | 1.15x | 2.26x | NT$225.89 Million |
| 2006 | 19.91% | 9.79% | 1.03x | 1.98x | NT$274.45 Million |
| 2007 | 19.02% | 10.16% | 1.01x | 1.86x | NT$261.46 Million |
| 2008 | 16.37% | 9.36% | 0.95x | 1.84x | NT$210.40 Million |
| 2009 | -0.26% | -0.29% | 0.54x | 1.66x | NT$-311.67 Million |
| 2010 | 14.63% | 10.36% | 0.87x | 1.62x | NT$153.57 Million |
| 2011 | 22.05% | 12.81% | 1.06x | 1.63x | NT$447.09 Million |
| 2012 | 13.48% | 9.58% | 0.90x | 1.56x | NT$129.16 Million |
| 2013 | 20.44% | 14.21% | 0.93x | 1.54x | NT$468.46 Million |
| 2014 | 20.56% | 14.65% | 0.97x | 1.45x | NT$534.32 Million |
| 2015 | 17.06% | 13.37% | 0.88x | 1.44x | NT$370.27 Million |
| 2016 | 19.02% | 16.04% | 0.86x | 1.39x | NT$517.36 Million |
| 2017 | 18.49% | 15.62% | 0.89x | 1.33x | NT$520.37 Million |
| 2018 | 17.62% | 14.05% | 0.94x | 1.33x | NT$485.14 Million |
| 2019 | 13.02% | 12.48% | 0.83x | 1.25x | NT$189.58 Million |
| 2020 | 9.58% | 11.86% | 0.66x | 1.23x | NT$-26.66 Million |
| 2021 | 14.74% | 13.83% | 0.85x | 1.26x | NT$316.20 Million |
| 2022 | 15.46% | 14.80% | 0.84x | 1.25x | NT$374.36 Million |
| 2023 | 14.31% | 15.01% | 0.76x | 1.26x | NT$300.34 Million |
| 2024 | 14.75% | 15.49% | 0.77x | 1.24x | NT$340.29 Million |
Industry Comparison
This section compares San Shing Fastech Corp's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,425,314,700
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| San Shing Fastech Corp (5007) | NT$7.19 Billion | 13.16% | 0.15x | $89.19 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |