Yonggu Group Inc
Yonggu Group Inc. engages in the production and sale of ready-mixed commercial concrete, fly ash, mortar, and cement. It offers ready-mixed mortar, clinker, stone powder, reinforced minerals, and composite materials. The company was founded in 1999 is based in Grand Cayman, the Cayman Islands.
Yonggu Group Inc (5546) - Net Assets
Latest net assets as of September 2025: NT$1.87 Billion TWD
Based on the latest financial reports, Yonggu Group Inc (5546) has net assets worth NT$1.87 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$4.71 Billion) and total liabilities (NT$2.85 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$1.87 Billion |
| % of Total Assets | 39.6% |
| Annual Growth Rate | 11.53% |
| 5-Year Change | -31.4% |
| 10-Year Change | N/A |
| Growth Volatility | 27.29 |
Yonggu Group Inc - Net Assets Trend (2016–2024)
This chart illustrates how Yonggu Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yonggu Group Inc (2016–2024)
The table below shows the annual net assets of Yonggu Group Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.28 Billion | -3.52% |
| 2023-12-31 | NT$2.36 Billion | -19.46% |
| 2022-12-31 | NT$2.93 Billion | -9.32% |
| 2021-12-31 | NT$3.23 Billion | -2.64% |
| 2020-12-31 | NT$3.32 Billion | +69.93% |
| 2019-12-31 | NT$1.95 Billion | +24.83% |
| 2018-12-31 | NT$1.56 Billion | +22.99% |
| 2017-12-31 | NT$1.27 Billion | +33.72% |
| 2016-12-31 | NT$950.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yonggu Group Inc'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 26885000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$219.28 Million | 9.89% |
| Common Stock | NT$823.53 Million | 37.14% |
| Other Components | NT$1.17 Billion | 52.97% |
| Total Equity | NT$2.22 Billion | 100.00% |
Yonggu Group Inc Competitors by Market Cap
The table below lists competitors of Yonggu Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lamor Corporation Oyj
HE:LAMOR
|
$14.86 Million |
|
Aiji net
KQ:462980
|
$14.86 Million |
|
Kiriacoulis Mediterranean Cruises Shipping S.A.
AT:KYRI
|
$14.87 Million |
|
Friendly Hills Bancorp
PINK:FPBC
|
$14.87 Million |
|
Telecoms & Informatics JSC
VN:ICT
|
$14.85 Million |
|
Taiwan Oasis Technology Co., Ltd.
TWO:3066
|
$14.83 Million |
|
Antalpha Platform Holding Co
NASDAQ:ANTA
|
$14.83 Million |
|
Visesh Infotecnics Limited
NSE:VISESHINFO
|
$14.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yonggu Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,274,601,000 to 2,217,208,000, a change of -57,393,000 (-2.5%).
- Net income of 13,701,000 contributed positively to equity growth.
- Dividend payments of 164,706,000 reduced retained earnings.
- Other comprehensive income decreased equity by 128,250,000.
- Other factors increased equity by 221,862,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$13.70 Million | +0.62% |
| Dividends Paid | NT$164.71 Million | -7.43% |
| Other Comprehensive Income | NT$-128.25 Million | -5.78% |
| Other Changes | NT$221.86 Million | +10.01% |
| Total Change | NT$- | -2.52% |
Book Value vs Market Value Analysis
This analysis compares Yonggu Group Inc'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: 0.65x
- 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 1.15x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$15.12 | NT$17.40 | x |
| 2017-12-31 | NT$20.22 | NT$17.40 | x |
| 2018-12-31 | NT$24.10 | NT$17.40 | x |
| 2019-12-31 | NT$26.62 | NT$17.40 | x |
| 2020-12-31 | NT$43.21 | NT$17.40 | x |
| 2021-12-31 | NT$34.47 | NT$17.40 | x |
| 2022-12-31 | NT$30.80 | NT$17.40 | x |
| 2023-12-31 | NT$27.62 | NT$17.40 | x |
| 2024-12-31 | NT$26.92 | NT$17.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yonggu Group Inc 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): 0.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.49x
- Recent ROE (0.62%) is below the historical average (13.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 34.53% | 12.19% | 0.88x | 3.21x | NT$233.17 Million |
| 2017 | 21.13% | 8.79% | 0.89x | 2.69x | NT$141.54 Million |
| 2018 | 28.55% | 8.98% | 1.27x | 2.49x | NT$289.97 Million |
| 2019 | 23.73% | 7.56% | 1.18x | 2.67x | NT$267.91 Million |
| 2020 | 23.07% | 13.74% | 0.76x | 2.22x | NT$418.26 Million |
| 2021 | 8.30% | 4.40% | 0.80x | 2.37x | NT$-53.39 Million |
| 2022 | 1.93% | 1.23% | 0.62x | 2.54x | NT$-228.34 Million |
| 2023 | -16.60% | -9.90% | 0.60x | 2.78x | NT$-604.99 Million |
| 2024 | 0.62% | 0.49% | 0.51x | 2.49x | NT$-208.02 Million |
Industry Comparison
This section compares Yonggu Group Inc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $14,578,599,889
- Average return on equity (ROE) among peers: 7.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yonggu Group Inc (5546) | NT$1.87 Billion | 34.53% | 1.53x | $14.85 Million |
| Chia Hsin Cement Corp (1103) | $18.60 Billion | 14.70% | 0.85x | $115.31 Million |
| Universal Cement Corp (1104) | $13.38 Billion | 5.32% | 0.19x | $364.13 Million |
| Lucky Cement Co (1108) | $4.80 Billion | 6.57% | 0.61x | $88.91 Million |
| Hsing Ta Cement Co Ltd (1109) | $5.71 Billion | 4.90% | 0.17x | $89.19 Million |
| Southeast Cement Co Ltd (1110) | $8.51 Billion | 0.77% | 0.09x | $139.76 Million |
| Taiwan Glass Ind Corp (1802) | $51.66 Billion | -1.36% | 0.80x | $2.52 Billion |
| Goldsun Building Materials Co Ltd (2504) | $25.62 Billion | 13.78% | 0.58x | $902.17 Million |
| Lihtai Construction Enterprise Co Ltd (5520) | $1.80 Billion | 3.42% | 0.25x | $51.69 Million |
| Wellpool Co Ltd (8424) | $1.12 Billion | 14.88% | 0.19x | $32.89 Million |