Taiwan Cooperative Financial Holding Co Ltd
Taiwan Cooperative Financial Holding Co., Ltd., together with its subsidiaries, provides commercial banking, insurance, securities, bills finance, venture capital, asset management, and investment trust services in Taiwan. The company offers general deposits and loans. It is also involved in the planning, management, and operation of the trust business; securities investment trust, discretionary … Read more
Taiwan Cooperative Financial Holding Co Ltd (5880) - Net Assets
Latest net assets as of June 2025: NT$258.17 Billion TWD
Based on the latest financial reports, Taiwan Cooperative Financial Holding Co Ltd (5880) has net assets worth NT$258.17 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.27 Trillion) and total liabilities (NT$5.01 Trillion). 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$258.17 Billion |
| % of Total Assets | 4.9% |
| Annual Growth Rate | 7.02% |
| 5-Year Change | 9.29% |
| 10-Year Change | 36.48% |
| Growth Volatility | 11.57 |
Taiwan Cooperative Financial Holding Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Taiwan Cooperative Financial Holding 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 Taiwan Cooperative Financial Holding Co Ltd (2002–2024)
The table below shows the annual net assets of Taiwan Cooperative Financial Holding Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$259.76 Billion | +5.69% |
| 2023-12-31 | NT$245.78 Billion | +11.33% |
| 2022-12-31 | NT$220.76 Billion | -9.11% |
| 2021-12-31 | NT$242.88 Billion | +2.19% |
| 2020-12-31 | NT$237.68 Billion | +4.75% |
| 2019-12-31 | NT$226.91 Billion | +6.79% |
| 2018-12-31 | NT$212.47 Billion | +3.40% |
| 2017-12-31 | NT$205.50 Billion | +3.53% |
| 2016-12-31 | NT$198.48 Billion | +4.29% |
| 2015-12-31 | NT$190.32 Billion | +20.01% |
| 2014-12-31 | NT$158.59 Billion | +4.08% |
| 2013-12-31 | NT$152.37 Billion | +1.65% |
| 2012-12-31 | NT$149.90 Billion | +21.77% |
| 2011-12-31 | NT$123.09 Billion | +3.51% |
| 2010-12-31 | NT$118.92 Billion | +7.13% |
| 2009-12-31 | NT$111.01 Billion | +2.59% |
| 2008-12-31 | NT$108.20 Billion | +4.49% |
| 2007-12-31 | NT$103.55 Billion | +5.41% |
| 2006-12-31 | NT$98.24 Billion | +52.60% |
| 2005-12-31 | NT$64.37 Billion | +5.32% |
| 2004-12-31 | NT$61.12 Billion | -0.65% |
| 2003-12-31 | NT$61.53 Billion | +5.31% |
| 2002-12-31 | NT$58.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Cooperative Financial Holding 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 818.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$39.64 Billion | 15.60% |
| Other Components | NT$214.41 Billion | 84.40% |
| Total Equity | NT$254.05 Billion | 100.00% |
Taiwan Cooperative Financial Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Taiwan Cooperative Financial Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dian Swastatika Sentosa Tbk
JK:DSSA
|
$7.20 Billion |
|
Rubrik, Inc.
NYSE:RBRK
|
$7.22 Billion |
|
Investec Group
PINK:IVTJY
|
$7.22 Billion |
|
CCL Industries Inc
PINK:CCDBF
|
$7.23 Billion |
|
Alpha Services and Holdings S.A.
AT:ALPHA
|
$7.18 Billion |
|
STAG Industrial Inc
NYSE:STAG
|
$7.18 Billion |
|
YAMATO HOLDINGS
MU:YTT
|
$7.18 Billion |
|
Match Group Inc
NASDAQ:MTCH
|
$7.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Cooperative Financial Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 239,890,248,000 to 254,049,424,000, a change of 14,159,176,000 (5.9%).
- Net income of 19,219,939,000 contributed positively to equity growth.
- Dividend payments of 9,561,098,000 reduced retained earnings.
- Other comprehensive income decreased equity by 58,492,471,000.
- Other factors increased equity by 62,992,806,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$19.22 Billion | +7.57% |
| Dividends Paid | NT$9.56 Billion | -3.76% |
| Other Comprehensive Income | NT$-58.49 Billion | -23.02% |
| Other Changes | NT$62.99 Billion | +24.8% |
| Total Change | NT$- | 5.90% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Cooperative Financial Holding 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: 1.43x
- 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 1.91x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | NT$12.14 | NT$23.20 | x |
| 2009-12-31 | NT$11.50 | NT$23.20 | x |
| 2010-12-31 | NT$12.24 | NT$23.20 | x |
| 2011-12-31 | NT$12.25 | NT$23.20 | x |
| 2012-12-31 | NT$13.93 | NT$23.20 | x |
| 2013-12-31 | NT$12.50 | NT$23.20 | x |
| 2014-12-31 | NT$12.93 | NT$23.20 | x |
| 2015-12-31 | NT$13.76 | NT$23.20 | x |
| 2016-12-31 | NT$13.90 | NT$23.20 | x |
| 2017-12-31 | NT$14.36 | NT$23.20 | x |
| 2018-12-31 | NT$14.87 | NT$23.20 | x |
| 2019-12-31 | NT$15.05 | NT$23.20 | x |
| 2020-12-31 | NT$15.71 | NT$23.20 | x |
| 2021-12-31 | NT$16.06 | NT$23.20 | x |
| 2022-12-31 | NT$18.64 | NT$23.20 | x |
| 2023-12-31 | NT$15.76 | NT$23.20 | x |
| 2024-12-31 | NT$16.20 | NT$23.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Cooperative Financial Holding Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.22%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 20.33x
- Recent ROE (7.57%) is above the historical average (6.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.16% | 1.63% | 0.04x | 32.28x | NT$-4.55 Billion |
| 2003 | 5.15% | 5.79% | 0.03x | 32.64x | NT$-2.96 Billion |
| 2004 | 1.28% | 1.73% | 0.02x | 33.48x | NT$-5.28 Billion |
| 2005 | 4.12% | 5.31% | 0.03x | 30.80x | NT$-3.76 Billion |
| 2006 | 9.35% | 14.38% | 0.03x | 24.33x | NT$-638.08 Million |
| 2007 | 9.51% | 13.26% | 0.03x | 23.73x | NT$-503.50 Million |
| 2008 | 7.02% | 21.59% | 0.01x | 23.39x | NT$-3.19 Billion |
| 2009 | 6.24% | 20.84% | 0.01x | 23.48x | NT$-4.15 Billion |
| 2010 | 6.45% | 23.15% | 0.01x | 22.57x | NT$-4.21 Billion |
| 2011 | 0.21% | 9.81% | 0.00x | 22.68x | NT$-12.03 Billion |
| 2012 | 5.16% | 22.48% | 0.01x | 20.35x | NT$-7.10 Billion |
| 2013 | 5.69% | 24.88% | 0.01x | 20.58x | NT$-6.43 Billion |
| 2014 | 6.59% | 28.80% | 0.01x | 19.84x | NT$-5.30 Billion |
| 2015 | 7.01% | 34.31% | 0.01x | 17.34x | NT$-5.58 Billion |
| 2016 | 7.07% | 32.72% | 0.01x | 17.16x | NT$-5.70 Billion |
| 2017 | 7.12% | 30.63% | 0.01x | 16.96x | NT$-5.80 Billion |
| 2018 | 7.50% | 33.73% | 0.01x | 16.84x | NT$-5.21 Billion |
| 2019 | 7.78% | 35.33% | 0.01x | 16.89x | NT$-4.91 Billion |
| 2020 | 7.18% | 32.01% | 0.01x | 17.95x | NT$-6.52 Billion |
| 2021 | 8.69% | 37.79% | 0.01x | 18.77x | NT$-3.09 Billion |
| 2022 | 9.40% | 37.93% | 0.01x | 20.78x | NT$-1.30 Billion |
| 2023 | 7.20% | 32.04% | 0.01x | 20.02x | NT$-6.73 Billion |
| 2024 | 7.57% | 29.22% | 0.01x | 20.33x | NT$-6.19 Billion |
Industry Comparison
This section compares Taiwan Cooperative Financial Holding Co Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $48,724,328,300
- Average return on equity (ROE) among peers: 7.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Cooperative Financial Holding Co Ltd (5880) | NT$258.17 Billion | 2.16% | 19.42x | $7.19 Billion |
| China Man-Made Fiber Corp (1718) | $18.97 Billion | 18.39% | 0.40x | $218.37 Million |
| Chang Hwa Commercial Bank Ltd (2801) | $119.24 Billion | 9.14% | 14.23x | $5.10 Billion |
| King’s Town Bank (2809) | $46.58 Billion | 11.79% | 5.99x | $1.04 Billion |
| Taichung Commercial Bank Co Ltd (2812) | $19.42 Billion | 2.12% | 16.53x | $2.48 Billion |
| Taiwan Business Bank (2834) | $75.82 Billion | 6.65% | 19.89x | $3.23 Billion |
| Bank of Kaohsiung Ltd (2836) | $14.45 Billion | 3.32% | 17.55x | $258.57 Million |
| Union Bank of Taiwan (2838) | $16.54 Billion | 0.42% | 10.20x | $607.02 Million |
| Far Eastern International Bank (2845) | $61.25 Billion | 7.02% | 12.93x | $1.51 Billion |
| EnTie Commercial Bank Ltd (2849) | $25.23 Billion | 10.47% | 12.80x | $152.68 Million |
| Hua Nan Financial Holdings Co Ltd (2880) | $89.75 Billion | 10.18% | 18.06x | $10.28 Billion |