Chong Hong Construction Co Ltd
Chong Hong Construction Co., Ltd., together with its subsidiaries, engages in the construction, sale, and leasing of residential and commercial buildings in Taiwan. It operates in two segments, Building and Construction. The company leases factories; and undertakes civil engineering and construction, project contracting. It is also involved in general merchandise retail trade and department store… Read more
Chong Hong Construction Co Ltd (5534) - Net Assets
Latest net assets as of September 2025: NT$19.97 Billion TWD
Based on the latest financial reports, Chong Hong Construction Co Ltd (5534) has net assets worth NT$19.97 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$49.86 Billion) and total liabilities (NT$29.89 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$19.97 Billion |
| % of Total Assets | 40.05% |
| Annual Growth Rate | 13.37% |
| 5-Year Change | 15.61% |
| 10-Year Change | 117.89% |
| Growth Volatility | 16.13 |
Chong Hong Construction Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Chong Hong Construction 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 Chong Hong Construction Co Ltd (2002–2024)
The table below shows the annual net assets of Chong Hong Construction Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$21.31 Billion | +5.85% |
| 2023-12-31 | NT$20.13 Billion | +1.20% |
| 2022-12-31 | NT$19.89 Billion | +8.88% |
| 2021-12-31 | NT$18.27 Billion | -0.87% |
| 2020-12-31 | NT$18.43 Billion | +4.28% |
| 2019-12-31 | NT$17.67 Billion | +6.85% |
| 2018-12-31 | NT$16.54 Billion | +19.51% |
| 2017-12-31 | NT$13.84 Billion | +11.08% |
| 2016-12-31 | NT$12.46 Billion | +27.41% |
| 2015-12-31 | NT$9.78 Billion | -3.69% |
| 2014-12-31 | NT$10.15 Billion | +2.71% |
| 2013-12-31 | NT$9.88 Billion | +36.02% |
| 2012-12-31 | NT$7.27 Billion | -20.34% |
| 2011-12-31 | NT$9.12 Billion | +11.65% |
| 2010-12-31 | NT$8.17 Billion | +29.28% |
| 2009-12-31 | NT$6.32 Billion | +9.26% |
| 2008-12-31 | NT$5.79 Billion | +18.40% |
| 2007-12-31 | NT$4.89 Billion | +44.64% |
| 2006-12-31 | NT$3.38 Billion | +48.09% |
| 2005-12-31 | NT$2.28 Billion | +28.93% |
| 2004-12-31 | NT$1.77 Billion | +24.42% |
| 2003-12-31 | NT$1.42 Billion | +5.55% |
| 2002-12-31 | NT$1.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chong Hong Construction 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 2869.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.83 Billion | 57.33% |
| Common Stock | NT$2.90 Billion | 14.06% |
| Other Components | NT$5.91 Billion | 28.61% |
| Total Equity | NT$20.64 Billion | 100.00% |
Chong Hong Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Chong Hong Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nankang Rubber Tire Corp Ltd
TW:2101
|
$393.32 Million |
|
Besqab Pref B
ST:BESQAB-PREF-B
|
$393.50 Million |
|
Choice International Limited
NSE:CHOICEIN
|
$393.65 Million |
|
Sapphire Foods India Limited
NSE:SAPPHIRE
|
$393.68 Million |
|
SHANDONG HI-SP.G.HD-0001
F:HRI
|
$393.10 Million |
|
Nexity
PA:NXI
|
$393.06 Million |
|
PT Semen Indonesia (Persero) Tbk
PINK:PSGTF
|
$392.99 Million |
|
Qingdao Kutesmart Co Ltd
SHE:300840
|
$392.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chong Hong Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,962,515,000 to 20,643,528,000, a change of 681,013,000 (3.4%).
- Net income of 2,277,806,000 contributed positively to equity growth.
- Dividend payments of 1,596,793,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,223,638,000.
- Other factors increased equity by 5,223,638,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.28 Billion | +11.03% |
| Dividends Paid | NT$1.60 Billion | -7.74% |
| Other Comprehensive Income | NT$-5.22 Billion | -25.3% |
| Other Changes | NT$5.22 Billion | +25.3% |
| Total Change | NT$- | 3.41% |
Book Value vs Market Value Analysis
This analysis compares Chong Hong Construction 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: 1.12x
- 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 8.99x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$8.82 | NT$79.30 | x |
| 2005-12-31 | NT$11.37 | NT$79.30 | x |
| 2006-12-31 | NT$15.61 | NT$79.30 | x |
| 2007-12-31 | NT$19.86 | NT$79.30 | x |
| 2008-12-31 | NT$23.87 | NT$79.30 | x |
| 2009-12-31 | NT$23.48 | NT$79.30 | x |
| 2010-12-31 | NT$30.52 | NT$79.30 | x |
| 2011-12-31 | NT$33.53 | NT$79.30 | x |
| 2012-12-31 | NT$26.38 | NT$79.30 | x |
| 2013-12-31 | NT$37.56 | NT$79.30 | x |
| 2014-12-31 | NT$34.98 | NT$79.30 | x |
| 2015-12-31 | NT$33.43 | NT$79.30 | x |
| 2016-12-31 | NT$42.44 | NT$79.30 | x |
| 2017-12-31 | NT$47.06 | NT$79.30 | x |
| 2018-12-31 | NT$56.37 | NT$79.30 | x |
| 2019-12-31 | NT$60.27 | NT$79.30 | x |
| 2020-12-31 | NT$62.87 | NT$79.30 | x |
| 2021-12-31 | NT$62.32 | NT$79.30 | x |
| 2022-12-31 | NT$67.90 | NT$79.30 | x |
| 2023-12-31 | NT$68.71 | NT$79.30 | x |
| 2024-12-31 | NT$71.10 | NT$79.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chong Hong Construction 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): 11.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.87%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.26x
- Recent ROE (11.03%) is below the historical average (21.21%), 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 | 11.65% | 15.44% | 0.37x | 2.01x | NT$22.20 Million |
| 2003 | 11.58% | 15.20% | 0.30x | 2.55x | NT$22.50 Million |
| 2004 | 23.40% | 19.38% | 0.38x | 3.20x | NT$237.07 Million |
| 2005 | 29.08% | 25.94% | 0.30x | 3.79x | NT$435.07 Million |
| 2006 | 33.69% | 31.09% | 0.29x | 3.75x | NT$800.24 Million |
| 2007 | 25.68% | 25.94% | 0.33x | 3.01x | NT$766.07 Million |
| 2008 | 26.42% | 36.77% | 0.28x | 2.61x | NT$947.77 Million |
| 2009 | 18.82% | 31.37% | 0.25x | 2.36x | NT$556.64 Million |
| 2010 | 32.86% | 40.16% | 0.47x | 1.75x | NT$1.86 Billion |
| 2011 | 25.12% | 43.43% | 0.27x | 2.12x | NT$1.37 Billion |
| 2012 | 28.10% | 36.31% | 0.32x | 2.44x | NT$1.31 Billion |
| 2013 | 51.43% | 61.49% | 0.34x | 2.47x | NT$4.08 Billion |
| 2014 | 18.65% | 36.20% | 0.19x | 2.67x | NT$874.35 Million |
| 2015 | 6.89% | 21.52% | 0.11x | 2.91x | NT$-303.29 Million |
| 2016 | 22.47% | 52.47% | 0.19x | 2.31x | NT$1.54 Billion |
| 2017 | 22.25% | 43.63% | 0.23x | 2.20x | NT$1.68 Billion |
| 2018 | 25.44% | 34.40% | 0.43x | 1.71x | NT$2.53 Billion |
| 2019 | 18.12% | 32.98% | 0.32x | 1.73x | NT$1.42 Billion |
| 2020 | 14.35% | 28.48% | 0.27x | 1.87x | NT$793.52 Million |
| 2021 | 7.07% | 26.40% | 0.12x | 2.31x | NT$-529.97 Million |
| 2022 | 14.46% | 32.77% | 0.19x | 2.36x | NT$880.02 Million |
| 2023 | 9.20% | 18.74% | 0.21x | 2.29x | NT$-160.22 Million |
| 2024 | 11.03% | 18.87% | 0.26x | 2.26x | NT$213.45 Million |
Industry Comparison
This section compares Chong Hong Construction Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,584,659,200
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chong Hong Construction Co Ltd (5534) | NT$19.97 Billion | 11.65% | 1.50x | $393.20 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.02 Billion | 16.10% | 3.53x | $129.39 Million |
| Advancetek Enterprise Co Ltd (1442) | $5.24 Billion | 2.31% | 1.02x | $178.30 Million |
| Better Life Group Co Ltd (1805) | $323.75 Million | 0.00% | 2.24x | $19.30 Million |
| Run Long Construction Co Ltd (1808) | $2.63 Billion | 29.05% | 2.13x | $368.38 Million |
| Jean Co Ltd (2442) | $3.33 Billion | 0.00% | 1.23x | $101.72 Million |
| Kuo Yang Construction Co Ltd (2505) | $8.22 Billion | 0.69% | 1.26x | $116.40 Million |
| Pacific Construction Co Ltd (2506) | $15.29 Billion | 0.00% | 2.26x | $53.85 Million |
| Prince Housing & Development Corp (2511) | $10.50 Billion | -3.12% | 3.02x | $221.71 Million |
| King’s Town Construction Co Ltd (2524) | $8.23 Billion | 17.33% | 1.31x | $49.96 Million |
| Hung Sheng Construction Ltd (2534) | $9.07 Billion | 0.00% | 1.89x | $203.67 Million |