Shih Wei Navigation Co Ltd Net Assets
Shih Wei Navigation Co Ltd net assets. Based on the latest financial reports, Shih Wei Navigation Co Ltd (5608) has net assets worth NT$9.74 Billion TWD (≈ $306.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$17.70 Billion ≈ $557.76 Million USD) and total liabilities (NT$7.97 Billion ≈ $250.96 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. Also explore how fast is Shih Wei Navigation Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.74 Billion |
| % of Total Assets | 55.0% |
| Annual Growth Rate | 6.45% |
| 5-Year Change | 36.18% |
| 10-Year Change | 13.96% |
| Growth Volatility | 27.3 |
Net Assets of Shih Wei Navigation Co Ltd (2001–2025)
Net assets of Shih Wei Navigation Co Ltd from 2001 to 2025. This chart illustrates how Shih Wei Navigation Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shih Wei Navigation Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shih Wei Navigation Co Ltd (2001–2025)
The table below shows the annual net assets of Shih Wei Navigation Co Ltd from 2001 to 2025. For live market cap and overall valuation, see 5608 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.56 Billion ≈ $301.19 Million |
-6.99% |
| 2024-12-31 | NT$10.28 Billion ≈ $323.84 Million |
+5.92% |
| 2023-12-31 | NT$9.70 Billion ≈ $305.72 Million |
-4.86% |
| 2022-12-31 | NT$10.20 Billion ≈ $321.35 Million |
+45.30% |
| 2021-12-31 | NT$7.02 Billion ≈ $221.16 Million |
+101.06% |
| 2020-12-31 | NT$3.49 Billion ≈ $110.00 Million |
-27.26% |
| 2019-12-31 | NT$4.80 Billion ≈ $151.21 Million |
-11.51% |
| 2018-12-31 | NT$5.42 Billion ≈ $170.88 Million |
-0.61% |
| 2017-12-31 | NT$5.46 Billion ≈ $171.92 Million |
-34.95% |
| 2016-12-31 | NT$8.39 Billion ≈ $264.29 Million |
-13.63% |
| 2015-12-31 | NT$9.71 Billion ≈ $306.00 Million |
+4.83% |
| 2014-12-31 | NT$9.26 Billion ≈ $291.89 Million |
+7.13% |
| 2013-12-31 | NT$8.65 Billion ≈ $272.47 Million |
+14.02% |
| 2012-12-31 | NT$7.59 Billion ≈ $238.97 Million |
-3.73% |
| 2011-12-31 | NT$7.88 Billion ≈ $248.23 Million |
+2.07% |
| 2010-12-31 | NT$7.72 Billion ≈ $243.21 Million |
-9.97% |
| 2009-12-31 | NT$8.57 Billion ≈ $270.13 Million |
-6.86% |
| 2008-12-31 | NT$9.21 Billion ≈ $290.04 Million |
+36.23% |
| 2007-12-31 | NT$6.76 Billion ≈ $212.90 Million |
+21.09% |
| 2006-12-31 | NT$5.58 Billion ≈ $175.82 Million |
+25.35% |
| 2005-12-31 | NT$4.45 Billion ≈ $140.26 Million |
+35.82% |
| 2004-12-31 | NT$3.28 Billion ≈ $103.27 Million |
+33.94% |
| 2003-12-31 | NT$2.45 Billion ≈ $77.10 Million |
+6.87% |
| 2002-12-31 | NT$2.29 Billion ≈ $72.14 Million |
+7.37% |
| 2001-12-31 | NT$2.13 Billion ≈ $67.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shih Wei Navigation 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 2419.5% over the analyzed period, indicating profitable operations and earnings retention.
Shih Wei Navigation Co Ltd Net Assets Breakdown (December 2025)
Shih Wei Navigation Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.60 Billion | 16.88% |
| Common Stock | NT$3.89 Billion | 41.08% |
| Other Comprehensive Income | NT$1.24 Billion | 13.09% |
| Other Components | NT$2.74 Billion | 28.95% |
| Total Equity | NT$9.48 Billion | 100.00% |
Shih Wei Navigation Co Ltd Competitors by Market Cap
The table below lists competitors of Shih Wei Navigation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eurocash S.A.
WAR:EUR
|
$187.67 Million |
|
Hua Na Hydropower JSC
VN:HNA
|
$187.69 Million |
|
Ege Gubre Sanayi AS
IS:EGGUB
|
$187.69 Million |
|
Shandong Huapeng Glass Co Ltd
SHG:603021
|
$187.74 Million |
|
Newcap Holding A/S
CO:NEWCAP
|
$187.55 Million |
|
Asia Electronic Material Co Ltd
TWO:4939
|
$187.49 Million |
|
JADESTONE ENERGY LS -001
F:8KW
|
$187.46 Million |
|
Cabio Biotech Wuhan Co Ltd
SHG:688089
|
$187.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shih Wei Navigation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,111,704,000 to 9,475,525,000, a change of -636,179,000 (-6.3%).
- Net loss of 49,519,000 reduced equity.
- Other comprehensive income increased equity by 436,405,001.
- Other factors decreased equity by 1,023,065,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-49.52 Million | -0.52% |
| Other Comprehensive Income | NT$436.41 Million | +4.61% |
| Other Changes | NT$-1.02 Billion | -10.8% |
| Total Change | NT$- | -6.29% |
Book Value vs Market Value Analysis
This analysis compares Shih Wei Navigation 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: 0.62x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$24.06 | NT$15.30 | x |
| 2007-12-31 | NT$25.34 | NT$15.30 | x |
| 2008-12-31 | NT$34.49 | NT$15.30 | x |
| 2009-12-31 | NT$32.18 | NT$15.30 | x |
| 2010-12-31 | NT$27.46 | NT$15.30 | x |
| 2011-12-31 | NT$27.83 | NT$15.30 | x |
| 2012-12-31 | NT$27.04 | NT$15.30 | x |
| 2013-12-31 | NT$28.83 | NT$15.30 | x |
| 2014-12-31 | NT$29.90 | NT$15.30 | x |
| 2015-12-31 | NT$30.58 | NT$15.30 | x |
| 2016-12-31 | NT$26.23 | NT$15.30 | x |
| 2017-12-31 | NT$17.31 | NT$15.30 | x |
| 2018-12-31 | NT$17.18 | NT$15.30 | x |
| 2019-12-31 | NT$15.41 | NT$15.30 | x |
| 2020-12-31 | NT$11.34 | NT$15.30 | x |
| 2021-12-31 | NT$22.87 | NT$15.30 | x |
| 2022-12-31 | NT$29.90 | NT$15.30 | x |
| 2023-12-31 | NT$25.14 | NT$15.30 | x |
| 2024-12-31 | NT$25.98 | NT$15.30 | x |
| 2025-12-31 | NT$24.88 | NT$15.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shih Wei Navigation Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.56%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.91x
- Recent ROE (-0.52%) is below the historical average (6.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 2.90% | 3.37% | 0.27x | 3.15x | NT$-151.33 Million |
| 2002 | 4.33% | 4.98% | 0.29x | 2.95x | NT$-129.88 Million |
| 2003 | 9.43% | 10.57% | 0.30x | 2.98x | NT$-13.85 Million |
| 2004 | 27.12% | 34.50% | 0.33x | 2.39x | NT$561.31 Million |
| 2005 | 32.77% | 41.64% | 0.37x | 2.14x | NT$1.01 Billion |
| 2006 | 25.33% | 43.47% | 0.28x | 2.05x | NT$855.28 Million |
| 2007 | 26.99% | 53.69% | 0.24x | 2.10x | NT$1.15 Billion |
| 2008 | 43.57% | 87.14% | 0.25x | 1.99x | NT$3.09 Billion |
| 2009 | 14.53% | 32.05% | 0.20x | 2.32x | NT$388.61 Million |
| 2010 | 14.70% | 27.05% | 0.20x | 2.72x | NT$363.07 Million |
| 2011 | 11.53% | 22.37% | 0.17x | 3.10x | NT$120.60 Million |
| 2012 | 8.66% | 16.24% | 0.14x | 3.82x | NT$-101.44 Million |
| 2013 | 4.17% | 7.59% | 0.16x | 3.46x | NT$-494.41 Million |
| 2014 | 2.52% | 5.03% | 0.14x | 3.54x | NT$-668.15 Million |
| 2015 | -0.55% | -1.13% | 0.13x | 3.79x | NT$-962.26 Million |
| 2016 | -13.97% | -31.02% | 0.11x | 4.17x | NT$-1.88 Billion |
| 2017 | -40.45% | -58.12% | 0.13x | 5.52x | NT$-2.54 Billion |
| 2018 | -2.95% | -3.75% | 0.15x | 5.11x | NT$-663.25 Million |
| 2019 | -10.30% | -12.44% | 0.16x | 5.30x | NT$-932.54 Million |
| 2020 | -29.80% | -37.71% | 0.12x | 6.40x | NT$-1.35 Billion |
| 2021 | 29.23% | 36.19% | 0.23x | 3.55x | NT$1.32 Billion |
| 2022 | 20.03% | 30.21% | 0.27x | 2.48x | NT$1.02 Billion |
| 2023 | -5.02% | -13.75% | 0.16x | 2.23x | NT$-1.42 Billion |
| 2024 | -2.66% | -7.71% | 0.17x | 2.06x | NT$-1.28 Billion |
| 2025 | -0.52% | -1.56% | 0.18x | 1.91x | NT$-997.07 Million |
Industry Comparison
This section compares Shih Wei Navigation Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $16,509,140,640
- Average return on equity (ROE) among peers: 0.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shih Wei Navigation Co Ltd (5608) | NT$9.74 Billion | 2.90% | 0.82x | $187.64 Million |
| Evergreen Marine Corp Taiwan Ltd (2603) | $57.02 Billion | -17.28% | 1.00x | $18.28 Billion |
| Sincere Navigation Corp (2605) | $18.57 Billion | 3.23% | 0.38x | $610.42 Million |
| U-Ming Marine Transport Corp (2606) | $24.44 Billion | 7.38% | 0.92x | $1.87 Billion |
| Yang Ming Marine Transport Corp (2609) | $32.21 Billion | -49.19% | 2.53x | $6.85 Billion |
| Tze Shin International Co Ltd (2611) | $3.27 Billion | 8.90% | 0.29x | $93.19 Million |
| China Container Terminal Corp (2613) | $1.28 Billion | 14.73% | 2.02x | $91.47 Million |
| Wan Hai Lines Ltd (2615) | $16.50 Billion | 11.57% | 0.68x | $10.21 Billion |
| Taiwan Navigation Co Ltd (2617) | $9.54 Billion | 12.26% | 0.20x | $400.99 Million |
| Wisdom Marine Lines Co Ltd (2637) | $703.62 Million | 6.89% | 2.12x | $2.33 Billion |
| Franbo Lines (2641) | $1.56 Billion | 6.08% | 1.95x | $167.03 Million |
About Shih Wei Navigation Co Ltd
Shih Wei Navigation Co., Ltd. operates as a dry cargo shipping company in Taiwan. It engages in the shipping transportation, shipping agency, ship leasing, trading activities and tourist hotel services. Shih Wei Navigation Co., Ltd. was founded in 1985 and is based in Taipei, Taiwan.