Founding Construction Development Co Ltd (5533) - Net Assets
Based on the latest financial reports, Founding Construction Development Co Ltd (5533) has net assets worth NT$9.57 Billion TWD (≈ $301.65 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$11.74 Billion ≈ $369.99 Million USD) and total liabilities (NT$2.17 Billion ≈ $68.33 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 Founding Construction Development Co Ltd (5533) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.57 Billion |
| % of Total Assets | 81.53% |
| Annual Growth Rate | 6.6% |
| 5-Year Change | 14.99% |
| 10-Year Change | 31.95% |
| Growth Volatility | 8.28 |
Founding Construction Development Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Founding Construction Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 5533 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Founding Construction Development Co Ltd (2000–2025)
The table below shows the annual net assets of Founding Construction Development Co Ltd from 2000 to 2025. For live valuation and market cap data, see Founding Construction Development Co Ltd (5533) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.57 Billion ≈ $301.65 Million |
-1.29% |
| 2024-12-31 | NT$9.70 Billion ≈ $305.59 Million |
+0.90% |
| 2023-12-31 | NT$9.61 Billion ≈ $302.86 Million |
+6.11% |
| 2022-12-31 | NT$9.06 Billion ≈ $285.41 Million |
+8.80% |
| 2021-12-31 | NT$8.33 Billion ≈ $262.33 Million |
+11.94% |
| 2020-12-31 | NT$7.44 Billion ≈ $234.35 Million |
+1.39% |
| 2019-12-31 | NT$7.34 Billion ≈ $231.14 Million |
-1.41% |
| 2018-12-31 | NT$7.44 Billion ≈ $234.43 Million |
+0.56% |
| 2017-12-31 | NT$7.40 Billion ≈ $233.12 Million |
+1.97% |
| 2016-12-31 | NT$7.26 Billion ≈ $228.61 Million |
+1.92% |
| 2015-12-31 | NT$7.12 Billion ≈ $224.31 Million |
+6.63% |
| 2014-12-31 | NT$6.68 Billion ≈ $210.36 Million |
+14.81% |
| 2013-12-31 | NT$5.82 Billion ≈ $183.22 Million |
+12.29% |
| 2012-12-31 | NT$5.18 Billion ≈ $163.16 Million |
+16.08% |
| 2011-12-31 | NT$4.46 Billion ≈ $140.56 Million |
+13.83% |
| 2010-12-31 | NT$3.92 Billion ≈ $123.49 Million |
+18.48% |
| 2009-12-31 | NT$3.31 Billion ≈ $104.22 Million |
+20.90% |
| 2008-12-31 | NT$2.74 Billion ≈ $86.21 Million |
+7.68% |
| 2007-12-31 | NT$2.54 Billion ≈ $80.06 Million |
+12.46% |
| 2006-12-31 | NT$2.26 Billion ≈ $71.19 Million |
+21.76% |
| 2002-12-31 | NT$1.86 Billion ≈ $58.47 Million |
-12.87% |
| 2001-12-31 | NT$2.13 Billion ≈ $67.10 Million |
+9.82% |
| 2000-12-31 | NT$1.94 Billion ≈ $61.10 Million |
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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 564.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.39 Billion | 56.27% |
| Common Stock | NT$2.85 Billion | 29.79% |
| Other Comprehensive Income | NT$1.31 Billion | 13.72% |
| Other Components | NT$21.13 Million | 0.22% |
| Total Equity | NT$9.57 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 |
|---|---|
|
Santech Holdings Limited
NASDAQ:STEC
|
$128.52 Million |
|
Golconda Gold Ltd.
V:GG
|
$128.61 Million |
|
AB VILKUSKIU PIEN.EO 029
F:UDW
|
$128.78 Million |
|
Cheops Technology France SA
PA:MLCHE
|
$128.80 Million |
|
Sotkamo Silver AB
HE:SOSI1
|
$128.44 Million |
|
Ekachai Medical Care Public Company Limited
BK:EKH
|
$128.42 Million |
|
TRX Gold Corp
TO:TNX
|
$128.41 Million |
|
NuriFlex Co.Ltd
KQ:040160
|
$128.40 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 2024 to 2025, total equity changed from 9,699,529,000 to 9,574,658,000, a change of -124,871,000 (-1.3%).
- Net income of 158,467,000 contributed positively to equity growth.
- Dividend payments of 285,244,000 reduced retained earnings.
- Other comprehensive income increased equity by 42,887,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$158.47 Million | +1.66% |
| Dividends Paid | NT$285.24 Million | -2.98% |
| Other Comprehensive Income | NT$42.89 Million | +0.45% |
| Other Changes | NT$-40.98 Million | -0.43% |
| Total Change | NT$- | -1.29% |
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: 0.43x
- 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 0.43x 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 |
| 2025-12-31 | NT$33.54 | 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.61%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.23x
- Recent ROE (1.66%) is below the historical average (11.12%), 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$-546.99 Million |
| 2025 | 1.66% | 13.61% | 0.10x | 1.23x | NT$-799.00 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: $2,864,442,500
- Average return on equity (ROE) among peers: -9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founding Construction Development Co Ltd (5533) | NT$9.57 Billion | 29.53% | 0.23x | $128.51 Million |
| Sun Yad Construction Co Ltd (1316) | $974.60 Million | 4.39% | 0.27x | $114.93 Million |
| GTM Holdings Corp (1437) | $3.26 Billion | 9.89% | 1.22x | $189.98 Million |
| I-Hwa Industrial Co Ltd (1456) | $1.20 Billion | 0.00% | 3.51x | $40.45 Million |
| Hiyes International Co Ltd (2348) | $110.60 Million | -128.02% | 4.78x | $339.89 Million |
| Chainqui Construction Development Co Ltd (2509) | $4.76 Billion | 9.25% | 0.79x | $95.51 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $3.89 Billion | 1.64% | 0.71x | $280.80 Million |
| Crowell Development Corp (2528) | $869.07 Million | 0.00% | 3.81x | $307.67 Million |
| JSL Construction & Development Co Ltd (2540) | $415.29 Million | 0.00% | 6.88x | $1.61 Billion |
| Wanhwa Enterprise Co (2701) | $5.40 Billion | 3.75% | 0.16x | $150.27 Million |
| First Hotel Co Ltd (2706) | $7.77 Billion | 5.90% | 0.15x | $195.33 Million |
About 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