Shanghai Commercial & Savings Bank Ltd (5876) - Net Assets
Based on the latest financial reports, Shanghai Commercial & Savings Bank Ltd (5876) has net assets worth NT$275.33 Billion TWD (≈ $8.67 Billion 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$2.44 Trillion ≈ $76.89 Billion USD) and total liabilities (NT$2.17 Trillion ≈ $68.22 Billion 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 5876 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$275.33 Billion |
| % of Total Assets | 11.28% |
| Annual Growth Rate | 7.17% |
| 5-Year Change | 31.59% |
| 10-Year Change | 68.89% |
| Growth Volatility | 5.5 |
Shanghai Commercial & Savings Bank Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Shanghai Commercial & Savings Bank Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Commercial & Savings Bank Ltd (5876) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Commercial & Savings Bank Ltd (2005–2025)
The table below shows the annual net assets of Shanghai Commercial & Savings Bank Ltd from 2005 to 2025. For live valuation and market cap data, see Shanghai Commercial & Savings Bank Ltd (5876) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$275.33 Billion ≈ $8.67 Billion |
+3.16% |
| 2024-12-31 | NT$266.89 Billion ≈ $8.41 Billion |
+9.56% |
| 2023-12-31 | NT$243.60 Billion ≈ $7.67 Billion |
+7.96% |
| 2022-12-31 | NT$225.64 Billion ≈ $7.11 Billion |
+7.84% |
| 2021-12-31 | NT$209.24 Billion ≈ $6.59 Billion |
+2.02% |
| 2020-12-31 | NT$205.10 Billion ≈ $6.46 Billion |
+0.43% |
| 2019-12-31 | NT$204.23 Billion ≈ $6.43 Billion |
+14.72% |
| 2018-12-31 | NT$178.02 Billion ≈ $5.61 Billion |
+9.19% |
| 2017-12-31 | NT$163.03 Billion ≈ $5.14 Billion |
+0.01% |
| 2016-12-31 | NT$163.02 Billion ≈ $5.14 Billion |
+4.57% |
| 2015-12-31 | NT$155.90 Billion ≈ $4.91 Billion |
+7.27% |
| 2014-12-31 | NT$145.33 Billion ≈ $4.58 Billion |
+9.95% |
| 2013-12-31 | NT$132.18 Billion ≈ $4.16 Billion |
+6.83% |
| 2012-12-31 | NT$123.73 Billion ≈ $3.90 Billion |
+4.42% |
| 2011-12-31 | NT$118.49 Billion ≈ $3.73 Billion |
+19.00% |
| 2010-12-31 | NT$99.57 Billion ≈ $3.14 Billion |
-1.39% |
| 2009-12-31 | NT$100.98 Billion ≈ $3.18 Billion |
+13.45% |
| 2008-12-31 | NT$89.01 Billion ≈ $2.80 Billion |
+1.74% |
| 2007-12-31 | NT$87.48 Billion ≈ $2.76 Billion |
+8.79% |
| 2006-12-31 | NT$80.42 Billion ≈ $2.53 Billion |
+16.69% |
| 2005-12-31 | NT$68.91 Billion ≈ $2.17 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Commercial & Savings Bank 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 34.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$40.06 Billion | 19.55% |
| Common Stock | NT$48.62 Billion | 23.72% |
| Other Comprehensive Income | NT$90.20 Billion | 44.02% |
| Other Components | NT$26.05 Billion | 12.71% |
| Total Equity | NT$204.92 Billion | 100.00% |
Shanghai Commercial & Savings Bank Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Commercial & Savings Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Legence Corp. Class A Common stock
NASDAQ:LGN
|
$6.54 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$6.54 Billion |
|
PSP Swiss Property AG
SW:PSPN
|
$6.55 Billion |
|
Nkt A/S
NYSE:NRKBY
|
$6.55 Billion |
|
Lithia Motors Inc
NYSE:LAD
|
$6.54 Billion |
|
VF Corporation
NYSE:VFC
|
$6.53 Billion |
|
Enpro Industries
NYSE:NPO
|
$6.53 Billion |
|
Etsy, Inc.
NYSE:ETSY
|
$6.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Commercial & Savings Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 197,928,663,000 to 204,918,623,000, a change of 6,989,960,000 (3.5%).
- Net income of 14,827,654,000 contributed positively to equity growth.
- Dividend payments of 8,741,406,000 reduced retained earnings.
- Other comprehensive income increased equity by 90,196,605,000.
- Other factors decreased equity by 89,292,893,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$14.83 Billion | +7.24% |
| Dividends Paid | NT$8.74 Billion | -4.27% |
| Other Comprehensive Income | NT$90.20 Billion | +44.02% |
| Other Changes | NT$-89.29 Billion | -43.57% |
| Total Change | NT$- | 3.53% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Commercial & Savings Bank 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: 1.15x
- 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 1.96x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | NT$21.89 | NT$42.80 | x |
| 2012-12-31 | NT$22.68 | NT$42.80 | x |
| 2013-12-31 | NT$23.49 | NT$42.80 | x |
| 2014-12-31 | NT$25.61 | NT$42.80 | x |
| 2015-12-31 | NT$27.37 | NT$42.80 | x |
| 2016-12-31 | NT$28.55 | NT$42.80 | x |
| 2017-12-31 | NT$29.07 | NT$42.80 | x |
| 2018-12-31 | NT$31.78 | NT$42.80 | x |
| 2019-12-31 | NT$36.19 | NT$42.80 | x |
| 2020-12-31 | NT$34.24 | NT$42.80 | x |
| 2021-12-31 | NT$34.84 | NT$42.80 | x |
| 2022-12-31 | NT$37.81 | NT$42.80 | x |
| 2023-12-31 | NT$37.78 | NT$42.80 | x |
| 2024-12-31 | NT$40.79 | NT$42.80 | x |
| 2025-12-31 | NT$37.06 | NT$42.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Commercial & Savings Bank 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): 7.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.06%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.91x
- Recent ROE (7.24%) is below the historical average (9.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.20% | 28.24% | 0.03x | 14.38x | NT$190.59 Million |
| 2013 | 10.25% | 29.01% | 0.02x | 14.52x | NT$251.61 Million |
| 2014 | 10.11% | 27.02% | 0.03x | 14.30x | NT$122.97 Million |
| 2015 | 10.32% | 27.83% | 0.03x | 14.10x | NT$374.09 Million |
| 2016 | 9.77% | 27.90% | 0.03x | 13.70x | NT$-275.02 Million |
| 2017 | 10.12% | 27.48% | 0.03x | 14.16x | NT$144.25 Million |
| 2018 | 10.45% | 26.44% | 0.03x | 14.43x | NT$596.38 Million |
| 2019 | 9.55% | 23.75% | 0.03x | 13.52x | NT$-695.65 Million |
| 2020 | 8.68% | 25.29% | 0.03x | 13.63x | NT$-2.05 Billion |
| 2021 | 9.03% | 30.35% | 0.02x | 13.56x | NT$-1.52 Billion |
| 2022 | 8.80% | 24.52% | 0.03x | 13.70x | NT$-2.04 Billion |
| 2023 | 8.00% | 16.17% | 0.04x | 13.22x | NT$-3.67 Billion |
| 2024 | 6.81% | 13.76% | 0.04x | 12.61x | NT$-6.31 Billion |
| 2025 | 7.24% | 16.06% | 0.04x | 11.91x | NT$-5.66 Billion |
Industry Comparison
This section compares Shanghai Commercial & Savings Bank Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $100,449,675,100
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Commercial & Savings Bank Ltd (5876) | NT$275.33 Billion | 10.20% | 7.86x | $6.54 Billion |
| China Man-Made Fiber Corp (1718) | $53.40 Billion | 1.49% | 11.95x | $413.80 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $220.33 Billion | 8.07% | 14.33x | $8.51 Billion |
| King’s Town Bank (2809) | $48.88 Billion | 11.52% | 6.02x | $1.98 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $30.88 Billion | 9.91% | 15.07x | $3.77 Billion |
| Taiwan Business Bank (2834) | $62.74 Billion | 8.47% | 21.19x | $5.40 Billion |
| Bank of Kaohsiung Ltd (2836) | $18.55 Billion | 4.66% | 15.54x | $692.23 Million |
| Union Bank of Taiwan (2838) | $22.19 Billion | 8.23% | 17.09x | $3.07 Billion |
| Union Bank of Taiwan Pref (2838A) | $48.19 Billion | 5.70% | 10.74x | $4.61 Billion |
| Far Eastern International Bank (2845) | $465.09 Billion | 0.66% | 0.06x | $2.04 Billion |
| EnTie Commercial Bank Ltd (2849) | $34.26 Billion | 3.87% | 9.62x | $897.38 Million |
About Shanghai Commercial & Savings Bank Ltd
The Shanghai Commercial & Savings Bank, Ltd. provides various commercial banking services in Taiwan and Hong Kong. The company offers time, savings, demand, checking, and negotiable certificate of deposit accounts, as well as remittance services. In addition, it offers traveling, human resources, insurance, microfinance, leasing, real estate, nominee, trustee, commodity trading, property holding,… Read more