San Shing Fastech Corp (5007) - Net Assets
Based on the latest financial reports, San Shing Fastech Corp (5007) has net assets worth NT$7.19 Billion TWD (≈ $226.67 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$8.26 Billion ≈ $260.20 Million USD) and total liabilities (NT$1.06 Billion ≈ $33.53 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 5007 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 5007 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 5007 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.49 Billion ≈ $236.13 Million |
+2.51% |
| 2023-12-31 | NT$7.31 Billion ≈ $230.33 Million |
+2.96% |
| 2022-12-31 | NT$7.10 Billion ≈ $223.71 Million |
+3.32% |
| 2021-12-31 | NT$6.87 Billion ≈ $216.52 Million |
+6.10% |
| 2020-12-31 | NT$6.48 Billion ≈ $204.08 Million |
-0.27% |
| 2019-12-31 | NT$6.49 Billion ≈ $204.63 Million |
-1.08% |
| 2018-12-31 | NT$6.57 Billion ≈ $206.86 Million |
+3.87% |
| 2017-12-31 | NT$6.32 Billion ≈ $199.16 Million |
+6.99% |
| 2016-12-31 | NT$5.91 Billion ≈ $186.14 Million |
+9.15% |
| 2015-12-31 | NT$5.41 Billion ≈ $170.53 Million |
+3.70% |
| 2014-12-31 | NT$5.22 Billion ≈ $164.45 Million |
+12.42% |
| 2013-12-31 | NT$4.64 Billion ≈ $146.28 Million |
+24.46% |
| 2012-12-31 | NT$3.73 Billion ≈ $117.53 Million |
+0.07% |
| 2011-12-31 | NT$3.73 Billion ≈ $117.45 Million |
+11.84% |
| 2010-12-31 | NT$3.33 Billion ≈ $105.02 Million |
+9.14% |
| 2009-12-31 | NT$3.05 Billion ≈ $96.22 Million |
-7.96% |
| 2008-12-31 | NT$3.32 Billion ≈ $104.55 Million |
+13.81% |
| 2007-12-31 | NT$2.92 Billion ≈ $91.86 Million |
+4.72% |
| 2006-12-31 | NT$2.78 Billion ≈ $87.72 Million |
+8.39% |
| 2005-12-31 | NT$2.57 Billion ≈ $80.93 Million |
+12.02% |
| 2004-12-31 | NT$2.29 Billion ≈ $72.24 Million |
+20.53% |
| 2003-12-31 | NT$1.90 Billion ≈ $59.94 Million |
+11.80% |
| 2002-12-31 | NT$1.70 Billion ≈ $53.61 Million |
-- |
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 |
|---|---|
|
Probe Gold Inc.
TO:PRB
|
$537.15 Million |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
$537.47 Million |
|
Sichuan Fulin Transportation Group Co Ltd
SHE:002357
|
$537.64 Million |
|
Nanjing CEC Environmental Protect
SHE:300172
|
$537.70 Million |
|
Rainbow Tours SA
WAR:RBW
|
$537.06 Million |
|
Farmacias Benavides S.A.B. de C.V.
MX:BEVIDESB
|
$536.94 Million |
|
Shanghai Kindly Entrp Dvlp Grp
SHG:603987
|
$536.90 Million |
|
Care Property Invest NV
BR:CPINV
|
$536.87 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: 2.38x
- 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 5.23x to 2.38x 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$57.80 | x |
| 2010-12-31 | NT$12.06 | NT$57.80 | x |
| 2011-12-31 | NT$13.48 | NT$57.80 | x |
| 2012-12-31 | NT$13.32 | NT$57.80 | x |
| 2013-12-31 | NT$15.24 | NT$57.80 | x |
| 2014-12-31 | NT$17.14 | NT$57.80 | x |
| 2015-12-31 | NT$17.78 | NT$57.80 | x |
| 2016-12-31 | NT$19.42 | NT$57.80 | x |
| 2017-12-31 | NT$20.76 | NT$57.80 | x |
| 2018-12-31 | NT$21.55 | NT$57.80 | x |
| 2019-12-31 | NT$21.28 | NT$57.80 | x |
| 2020-12-31 | NT$21.28 | NT$57.80 | x |
| 2021-12-31 | NT$22.58 | NT$57.80 | x |
| 2022-12-31 | NT$23.23 | NT$57.80 | x |
| 2023-12-31 | NT$23.60 | NT$57.80 | x |
| 2024-12-31 | NT$24.29 | NT$57.80 | 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: $4,239,118,200
- Average return on equity (ROE) among peers: 12.87%
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 | $537.09 Million |
| Basso Industry Corp (1527) | $3.20 Billion | 30.25% | 3.15x | $141.89 Million |
| Jenn Feng New Energy Co Ltd (1538) | $1.67 Billion | 0.00% | 1.83x | $13.59 Million |
| Chang Type Industrial Co Ltd (1541) | $835.68 Million | 13.18% | 1.40x | $59.46 Million |
| Kinik Co (1560) | $3.08 Billion | 13.19% | 0.87x | $2.50 Billion |
| De Poan Pneumatic (1570) | $766.48 Million | 9.56% | 0.19x | $61.09 Million |
| Inmax Holding Co Ltd (1591) | $503.34 Million | 17.07% | 0.25x | $77.80 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $3.17 Billion | 7.10% | 0.70x | $86.26 Million |
| Hiwin Technologies Corp (2049) | $27.39 Billion | 7.05% | 0.75x | $3.48 Billion |
| Sheh Kai Precision Co Ltd (2063) | $743.73 Million | 22.19% | 1.14x | $39.25 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.03 Billion | 9.09% | 0.40x | $58.13 Million |
About 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.