I-Sheng Electric Wire & Cable Co Ltd (6115) - Net Assets
Based on the latest financial reports, I-Sheng Electric Wire & Cable Co Ltd (6115) has net assets worth NT$5.62 Billion TWD (≈ $177.01 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$8.58 Billion ≈ $270.36 Million USD) and total liabilities (NT$2.96 Billion ≈ $93.35 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. Check I-Sheng Electric Wire & Cable Co Ltd (6115) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.62 Billion |
| % of Total Assets | 65.47% |
| Annual Growth Rate | 7.34% |
| 5-Year Change | 9.19% |
| 10-Year Change | 2.75% |
| Growth Volatility | 12.27 |
I-Sheng Electric Wire & Cable Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how I-Sheng Electric Wire & Cable Co Ltd's net assets have evolved over time, based on quarterly financial data. See I-Sheng Electric Wire & Cable Co Ltd (6115) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for I-Sheng Electric Wire & Cable Co Ltd (2002–2025)
The table below shows the annual net assets of I-Sheng Electric Wire & Cable Co Ltd from 2002 to 2025. For live valuation and market cap data, see I-Sheng Electric Wire & Cable Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.30 Billion ≈ $166.88 Million |
-2.84% |
| 2024-12-31 | NT$5.45 Billion ≈ $171.77 Million |
+6.10% |
| 2023-12-31 | NT$5.14 Billion ≈ $161.88 Million |
-2.66% |
| 2022-12-31 | NT$5.28 Billion ≈ $166.31 Million |
+8.82% |
| 2021-12-31 | NT$4.85 Billion ≈ $152.83 Million |
+2.19% |
| 2020-12-31 | NT$4.75 Billion ≈ $149.55 Million |
-2.57% |
| 2019-12-31 | NT$4.87 Billion ≈ $153.49 Million |
-0.86% |
| 2018-12-31 | NT$4.91 Billion ≈ $154.83 Million |
-2.36% |
| 2017-12-31 | NT$5.03 Billion ≈ $158.58 Million |
-2.36% |
| 2016-12-31 | NT$5.16 Billion ≈ $162.41 Million |
-1.92% |
| 2015-12-31 | NT$5.26 Billion ≈ $165.60 Million |
-0.85% |
| 2014-12-31 | NT$5.30 Billion ≈ $167.02 Million |
+6.28% |
| 2013-12-31 | NT$4.99 Billion ≈ $157.15 Million |
+12.69% |
| 2012-12-31 | NT$4.43 Billion ≈ $139.45 Million |
-0.47% |
| 2011-12-31 | NT$4.45 Billion ≈ $140.11 Million |
+14.39% |
| 2010-12-31 | NT$3.89 Billion ≈ $122.48 Million |
-7.01% |
| 2009-12-31 | NT$4.18 Billion ≈ $131.72 Million |
+27.07% |
| 2008-12-31 | NT$3.29 Billion ≈ $103.65 Million |
+11.07% |
| 2007-12-31 | NT$2.96 Billion ≈ $93.32 Million |
+17.56% |
| 2006-12-31 | NT$2.52 Billion ≈ $79.38 Million |
+43.35% |
| 2005-12-31 | NT$1.76 Billion ≈ $55.37 Million |
+23.84% |
| 2004-12-31 | NT$1.42 Billion ≈ $44.72 Million |
+9.42% |
| 2003-12-31 | NT$1.30 Billion ≈ $40.87 Million |
+24.83% |
| 2002-12-31 | NT$1.04 Billion ≈ $32.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to I-Sheng Electric Wire & Cable 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 364.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.21 Billion | 23.12% |
| Common Stock | NT$1.88 Billion | 35.81% |
| Other Comprehensive Income | NT$1.38 Billion | 26.31% |
| Other Components | NT$773.66 Million | 14.76% |
| Total Equity | NT$5.24 Billion | 100.00% |
I-Sheng Electric Wire & Cable Co Ltd Competitors by Market Cap
The table below lists competitors of I-Sheng Electric Wire & Cable Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selena FM S.A.
WAR:SEL
|
$287.65 Million |
|
Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282
|
$287.66 Million |
|
Jiangsu Fengshan Group Co Ltd
SHG:603810
|
$287.67 Million |
|
CN Healthy Food Tech Group Corp.
NASDAQ:UCFI
|
$287.81 Million |
|
Companhia Brasileira de Distribuição
F:C1B2
|
$287.63 Million |
|
Pan Asia Chemical Co
TWO:4707
|
$287.45 Million |
|
Hangzhou Xili Intelligent Technology Co. Ltd. A
SHG:688616
|
$287.42 Million |
|
Brightstar Resources Ltd
AU:BTR
|
$287.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I-Sheng Electric Wire & Cable Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,386,618,000 to 5,240,496,000, a change of -146,122,000 (-2.7%).
- Net income of 535,280,999 contributed positively to equity growth.
- Dividend payments of 600,519,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,378,559,000.
- Other factors decreased equity by 1,459,442,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$535.28 Million | +10.21% |
| Dividends Paid | NT$600.52 Million | -11.46% |
| Other Comprehensive Income | NT$1.38 Billion | +26.31% |
| Other Changes | NT$-1.46 Billion | -27.85% |
| Total Change | NT$- | -2.71% |
Book Value vs Market Value Analysis
This analysis compares I-Sheng Electric Wire & Cable 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: 1.72x
- 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 2.75x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$17.69 | NT$48.65 | x |
| 2007-12-31 | NT$18.73 | NT$48.65 | x |
| 2008-12-31 | NT$20.76 | NT$48.65 | x |
| 2009-12-31 | NT$25.30 | NT$48.65 | x |
| 2010-12-31 | NT$23.53 | NT$48.65 | x |
| 2011-12-31 | NT$27.34 | NT$48.65 | x |
| 2012-12-31 | NT$23.61 | NT$48.65 | x |
| 2013-12-31 | NT$26.47 | NT$48.65 | x |
| 2014-12-31 | NT$27.99 | NT$48.65 | x |
| 2015-12-31 | NT$27.46 | NT$48.65 | x |
| 2016-12-31 | NT$27.31 | NT$48.65 | x |
| 2017-12-31 | NT$26.71 | NT$48.65 | x |
| 2018-12-31 | NT$26.07 | NT$48.65 | x |
| 2019-12-31 | NT$25.62 | NT$48.65 | x |
| 2020-12-31 | NT$25.01 | NT$48.65 | x |
| 2021-12-31 | NT$25.57 | NT$48.65 | x |
| 2022-12-31 | NT$27.56 | NT$48.65 | x |
| 2023-12-31 | NT$26.99 | NT$48.65 | x |
| 2024-12-31 | NT$28.57 | NT$48.65 | x |
| 2025-12-31 | NT$28.25 | NT$48.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I-Sheng Electric Wire & Cable 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): 10.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.59x
- Recent ROE (10.21%) is below the historical average (15.17%), 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 | 20.81% | 12.19% | 0.85x | 2.01x | NT$112.34 Million |
| 2003 | 24.71% | 13.56% | 0.99x | 1.84x | NT$190.85 Million |
| 2004 | 17.53% | 8.81% | 1.04x | 1.91x | NT$106.84 Million |
| 2005 | 15.95% | 7.02% | 1.12x | 2.02x | NT$104.65 Million |
| 2006 | 23.22% | 9.40% | 1.35x | 1.83x | NT$332.99 Million |
| 2007 | 19.74% | 7.27% | 1.49x | 1.82x | NT$288.54 Million |
| 2008 | 19.24% | 7.00% | 1.55x | 1.77x | NT$304.01 Million |
| 2009 | 23.13% | 12.81% | 1.10x | 1.64x | NT$548.90 Million |
| 2010 | 16.96% | 7.26% | 1.29x | 1.81x | NT$270.59 Million |
| 2011 | 16.18% | 7.25% | 1.25x | 1.78x | NT$274.99 Million |
| 2012 | 15.27% | 7.78% | 1.17x | 1.67x | NT$233.40 Million |
| 2013 | 12.94% | 8.20% | 0.98x | 1.61x | NT$146.72 Million |
| 2014 | 11.52% | 8.07% | 0.93x | 1.54x | NT$80.65 Million |
| 2015 | 11.59% | 8.56% | 0.87x | 1.56x | NT$83.03 Million |
| 2016 | 14.20% | 10.49% | 0.83x | 1.64x | NT$216.48 Million |
| 2017 | 9.03% | 6.45% | 0.86x | 1.64x | NT$-48.58 Million |
| 2018 | 10.71% | 7.48% | 0.86x | 1.68x | NT$34.99 Million |
| 2019 | 11.88% | 8.77% | 0.81x | 1.67x | NT$90.73 Million |
| 2020 | 10.29% | 7.84% | 0.75x | 1.75x | NT$13.45 Million |
| 2021 | 10.54% | 6.57% | 0.88x | 1.82x | NT$25.88 Million |
| 2022 | 15.41% | 11.04% | 0.82x | 1.69x | NT$281.22 Million |
| 2023 | 10.45% | 8.36% | 0.76x | 1.65x | NT$22.63 Million |
| 2024 | 12.63% | 9.24% | 0.85x | 1.61x | NT$141.64 Million |
| 2025 | 10.21% | 7.09% | 0.90x | 1.59x | NT$11.23 Million |
Industry Comparison
This section compares I-Sheng Electric Wire & Cable Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,696,516,500
- Average return on equity (ROE) among peers: 43.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I-Sheng Electric Wire & Cable Co Ltd (6115) | NT$5.62 Billion | 20.81% | 0.53x | $287.64 Million |
| Shihlin Electric & Engineering Corp (1503) | $19.41 Billion | 5.67% | 0.54x | $3.88 Billion |
| Allis Electric Co Ltd (1514) | $2.63 Billion | 2.65% | 0.72x | $1.01 Billion |
| Fortune Electric Co Ltd (1519) | $3.22 Billion | 13.15% | 0.79x | $7.99 Billion |
| Klingon Aerospace Inc (1529) | $1.60 Billion | 0.00% | 0.51x | $111.90 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.79 Billion | 16.37% | 0.39x | $329.64 Million |
| Chieftek Precision Co Ltd (1597) | $622.18 Million | 14.16% | 0.83x | $404.14 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $10.61 Billion | 0.00% | 0.24x | $464.43 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $6.42 Billion | 371.65% | 0.77x | $939.81 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.60 Billion | 9.91% | 0.14x | $378.91 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.07 Billion | 0.00% | 1.07x | $278.20 Million |
About I-Sheng Electric Wire & Cable Co Ltd
I-Sheng Electric Wire & Cable Co., Ltd. manufactures, processes, and trades in power transmission lines, electronic signal lines, and network routes with connectors in Taiwan. It offers power plugs and connectors, PVC and rubber power supply cords, photovoltaic wire, power strips and night light, and Lan cable. The company also provides hook up wire, coaxial cables, computer cables, telephone wir… Read more