Founding Construction Development Co Ltd
Founding Construction Development Corp. engages in the development of public housings and commercial buildings for leasing and selling in Taiwan. It is also involved in the trading of construction materials and machines; and designing and construction of interior decoration, etc. In addition, the company engages in operating and investing in civil construction, building works, and related busines… Read more
Founding Construction Development Co Ltd (5533) - Net Assets
Latest net assets as of September 2025: NT$9.53 Billion TWD
Based on the latest financial reports, Founding Construction Development Co Ltd (5533) has net assets worth NT$9.53 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$11.67 Billion) and total liabilities (NT$2.13 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$9.53 Billion |
| % of Total Assets | 81.71% |
| Annual Growth Rate | 6.94% |
| 5-Year Change | 30.4% |
| 10-Year Change | 36.23% |
| Growth Volatility | 8.22 |
Founding Construction Development Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Founding Construction Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Founding Construction Development Co Ltd (2000–2024)
The table below shows the annual net assets of Founding Construction Development Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.70 Billion | +0.90% |
| 2023-12-31 | NT$9.61 Billion | +6.11% |
| 2022-12-31 | NT$9.06 Billion | +8.80% |
| 2021-12-31 | NT$8.33 Billion | +11.94% |
| 2020-12-31 | NT$7.44 Billion | +1.39% |
| 2019-12-31 | NT$7.34 Billion | -1.41% |
| 2018-12-31 | NT$7.44 Billion | +0.56% |
| 2017-12-31 | NT$7.40 Billion | +1.97% |
| 2016-12-31 | NT$7.26 Billion | +1.92% |
| 2015-12-31 | NT$7.12 Billion | +6.63% |
| 2014-12-31 | NT$6.68 Billion | +14.81% |
| 2013-12-31 | NT$5.82 Billion | +12.29% |
| 2012-12-31 | NT$5.18 Billion | +16.08% |
| 2011-12-31 | NT$4.46 Billion | +13.83% |
| 2010-12-31 | NT$3.92 Billion | +18.48% |
| 2009-12-31 | NT$3.31 Billion | +20.90% |
| 2008-12-31 | NT$2.74 Billion | +7.68% |
| 2007-12-31 | NT$2.54 Billion | +12.46% |
| 2006-12-31 | NT$2.26 Billion | +21.76% |
| 2002-12-31 | NT$1.86 Billion | -12.87% |
| 2001-12-31 | NT$2.13 Billion | +9.82% |
| 2000-12-31 | NT$1.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Founding Construction Development 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 585.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.56 Billion | 57.28% |
| Common Stock | NT$2.85 Billion | 29.41% |
| Other Comprehensive Income | NT$1.27 Billion | 13.10% |
| Other Components | NT$21.13 Million | 0.22% |
| Total Equity | NT$9.70 Billion | 100.00% |
Founding Construction Development Co Ltd Competitors by Market Cap
The table below lists competitors of Founding Construction Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kt Skylife
KO:053210
|
$70.00 Million |
|
Taiwan Fructose Co Ltd
TWO:4207
|
$70.02 Million |
|
Go Fashion (India) Limited
NSE:GOCOLORS
|
$70.02 Million |
|
Sanurhasta Mitra PT
JK:MINA
|
$70.02 Million |
|
Acer Cyber Security Inc.
TWO:6690
|
$69.96 Million |
|
Dexxos Participações S.A
SA:DEXP3
|
$69.95 Million |
|
Pix Transmissions Limited
NSE:PIXTRANS
|
$69.93 Million |
|
Premier American Uranium Inc
PINK:PAUIF
|
$69.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Founding Construction Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,612,956,000 to 9,699,529,000, a change of 86,573,000 (0.9%).
- Net income of 422,963,000 contributed positively to equity growth.
- Dividend payments of 342,294,000 reduced retained earnings.
- Other comprehensive income increased equity by 89,605,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$422.96 Million | +4.36% |
| Dividends Paid | NT$342.29 Million | -3.53% |
| Other Comprehensive Income | NT$89.61 Million | +0.92% |
| Other Changes | NT$-83.70 Million | -0.86% |
| Total Change | NT$- | 0.90% |
Book Value vs Market Value Analysis
This analysis compares Founding Construction Development 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: 0.42x
- 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 1.22x to 0.42x 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$11.69 | NT$14.30 | x |
| 2010-12-31 | NT$13.85 | NT$14.30 | x |
| 2011-12-31 | NT$15.73 | NT$14.30 | x |
| 2012-12-31 | NT$18.22 | NT$14.30 | x |
| 2013-12-31 | NT$20.44 | NT$14.30 | x |
| 2014-12-31 | NT$23.44 | NT$14.30 | x |
| 2015-12-31 | NT$24.97 | NT$14.30 | x |
| 2016-12-31 | NT$25.41 | NT$14.30 | x |
| 2017-12-31 | NT$25.91 | NT$14.30 | x |
| 2018-12-31 | NT$26.05 | NT$14.30 | x |
| 2019-12-31 | NT$25.69 | NT$14.30 | x |
| 2020-12-31 | NT$26.04 | NT$14.30 | x |
| 2021-12-31 | NT$29.15 | NT$14.30 | x |
| 2022-12-31 | NT$31.70 | NT$14.30 | x |
| 2023-12-31 | NT$33.66 | NT$14.30 | x |
| 2024-12-31 | NT$33.98 | NT$14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Founding Construction Development 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.92%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.23x
- Recent ROE (4.36%) is below the historical average (11.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 29.53% | 20.99% | 0.48x | 2.92x | NT$378.75 Million |
| 2001 | 14.18% | 12.98% | 0.42x | 2.58x | NT$89.14 Million |
| 2002 | 2.04% | 1.45% | 0.68x | 2.07x | NT$-147.81 Million |
| 2006 | 20.29% | 12.96% | 0.73x | 2.14x | NT$224.09 Million |
| 2007 | 18.61% | 15.58% | 0.59x | 2.04x | NT$218.82 Million |
| 2008 | 12.16% | 19.90% | 0.22x | 2.79x | NT$59.05 Million |
| 2009 | 19.59% | 20.56% | 0.33x | 2.93x | NT$317.38 Million |
| 2010 | 18.27% | 21.36% | 0.42x | 2.04x | NT$324.31 Million |
| 2011 | 14.94% | 27.04% | 0.26x | 2.13x | NT$220.27 Million |
| 2012 | 15.08% | 20.71% | 0.42x | 1.72x | NT$263.10 Million |
| 2013 | 12.93% | 23.34% | 0.31x | 1.77x | NT$170.19 Million |
| 2014 | 14.64% | 26.87% | 0.27x | 2.01x | NT$309.87 Million |
| 2015 | 8.29% | 22.56% | 0.19x | 1.98x | NT$-121.71 Million |
| 2016 | 3.71% | 13.31% | 0.13x | 2.07x | NT$-456.46 Million |
| 2017 | 4.51% | 7.88% | 0.31x | 1.87x | NT$-406.29 Million |
| 2018 | 3.15% | 10.34% | 0.15x | 1.98x | NT$-509.96 Million |
| 2019 | 1.29% | 5.78% | 0.11x | 2.04x | NT$-639.30 Million |
| 2020 | 3.26% | 6.33% | 0.27x | 1.88x | NT$-501.08 Million |
| 2021 | 12.75% | 28.15% | 0.29x | 1.57x | NT$229.30 Million |
| 2022 | 11.20% | 21.07% | 0.38x | 1.40x | NT$108.78 Million |
| 2023 | 9.25% | 23.63% | 0.32x | 1.23x | NT$-71.75 Million |
| 2024 | 4.36% | 18.92% | 0.19x | 1.23x | NT$-546.99 Million |
Industry Comparison
This section compares Founding Construction Development Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,679,879,000
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founding Construction Development Co Ltd (5533) | NT$9.53 Billion | 29.53% | 0.22x | $69.99 Million |
| Sun Yad Construction Co Ltd (1316) | $2.61 Billion | -3.93% | 1.72x | $118.24 Million |
| GTM Holdings Corp (1437) | $5.06 Billion | 8.52% | 0.86x | $109.18 Million |
| I-Hwa Industrial Co Ltd (1456) | $1.29 Billion | 5.28% | 4.21x | $7.40 Million |
| Hiyes International Co Ltd (2348) | $1.11 Billion | 8.17% | 0.85x | $117.34 Million |
| Chainqui Construction Development Co Ltd (2509) | $3.67 Billion | 10.73% | 0.91x | $52.37 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $7.39 Billion | 0.87% | 1.55x | $137.37 Million |
| Crowell Development Corp (2528) | $307.29 Million | 0.00% | 4.72x | $196.03 Million |
| JSL Construction & Development Co Ltd (2540) | $4.04 Billion | 6.45% | 1.48x | $370.33 Million |
| Wanhwa Enterprise Co (2701) | $3.23 Billion | 11.73% | 0.32x | $33.60 Million |
| First Hotel Co Ltd (2706) | $8.10 Billion | 6.19% | 0.15x | $50.43 Million |