General Plastic Industrial Co Ltd Net Assets
General Plastic Industrial Co Ltd net assets. Based on the latest financial reports, General Plastic Industrial Co Ltd (6128) has net assets worth NT$2.82 Billion TWD (≈ $88.80 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.54 Billion ≈ $206.08 Million USD) and total liabilities (NT$3.72 Billion ≈ $117.27 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 General Plastic Industrial Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.82 Billion |
| % of Total Assets | 43.09% |
| Annual Growth Rate | 4.23% |
| 5-Year Change | -15.4% |
| 10-Year Change | 55.33% |
| Growth Volatility | 18.87 |
Net Assets of General Plastic Industrial Co Ltd (2003–2025)
Net assets of General Plastic Industrial Co Ltd from 2003 to 2025. This chart illustrates how General Plastic Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See General Plastic Industrial Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for General Plastic Industrial Co Ltd (2003–2025)
The table below shows the annual net assets of General Plastic Industrial Co Ltd from 2003 to 2025. For live market cap and overall valuation, see General Plastic Industrial Co Ltd (6128) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.77 Billion ≈ $87.29 Million |
-36.63% |
| 2024-12-31 | NT$4.37 Billion ≈ $137.74 Million |
+5.31% |
| 2023-12-31 | NT$4.15 Billion ≈ $130.80 Million |
+4.48% |
| 2022-12-31 | NT$3.97 Billion ≈ $125.19 Million |
+21.33% |
| 2021-12-31 | NT$3.27 Billion ≈ $103.18 Million |
+3.46% |
| 2020-12-31 | NT$3.17 Billion ≈ $99.73 Million |
-8.50% |
| 2019-12-31 | NT$3.46 Billion ≈ $109.00 Million |
+0.81% |
| 2018-12-31 | NT$3.43 Billion ≈ $108.12 Million |
+76.08% |
| 2017-12-31 | NT$1.95 Billion ≈ $61.40 Million |
+9.27% |
| 2016-12-31 | NT$1.78 Billion ≈ $56.20 Million |
-4.08% |
| 2015-12-31 | NT$1.86 Billion ≈ $58.58 Million |
+5.32% |
| 2014-12-31 | NT$1.77 Billion ≈ $55.62 Million |
+6.75% |
| 2013-12-31 | NT$1.65 Billion ≈ $52.11 Million |
+4.01% |
| 2012-12-31 | NT$1.59 Billion ≈ $50.10 Million |
-3.14% |
| 2011-12-31 | NT$1.64 Billion ≈ $51.73 Million |
+1.98% |
| 2010-12-31 | NT$1.61 Billion ≈ $50.72 Million |
+3.11% |
| 2009-12-31 | NT$1.56 Billion ≈ $49.19 Million |
+15.51% |
| 2008-12-31 | NT$1.35 Billion ≈ $42.59 Million |
+4.62% |
| 2007-12-31 | NT$1.29 Billion ≈ $40.71 Million |
-3.60% |
| 2006-12-31 | NT$1.34 Billion ≈ $42.23 Million |
+17.62% |
| 2005-12-31 | NT$1.14 Billion ≈ $35.90 Million |
-3.07% |
| 2004-12-31 | NT$1.18 Billion ≈ $37.04 Million |
+5.55% |
| 2003-12-31 | NT$1.11 Billion ≈ $35.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to General Plastic Industrial 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 decreased by 390.9% over the analyzed period, potentially due to dividend distributions or operating losses.
General Plastic Industrial Co Ltd Net Assets Breakdown (December 2025)
General Plastic Industrial Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.28 Billion | 46.05% |
| Other Comprehensive Income | NT$829.42 Million | 29.94% |
| Other Components | NT$1.21 Billion | 43.81% |
| Total Equity | NT$2.77 Billion | 100.00% |
General Plastic Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of General Plastic Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Torque Metals Ltd
AU:TOR
|
$75.17 Million |
|
Kirloskar Electric Company Limited
NSE:KECL
|
$75.18 Million |
|
Adrad Holdings Ltd
AU:AHL
|
$75.22 Million |
|
Lifetime Brands Inc
NASDAQ:LCUT
|
$75.22 Million |
|
SMJ International Holdings Inc.
NYSE MKT:SMJF
|
$75.14 Million |
|
Kervansaray Yatirim Holding AS
IS:KERVN
|
$75.13 Million |
|
Alithya Group Inc
NASDAQ:ALYAF
|
$75.13 Million |
|
Geodrill Ltd
F:7GD
|
$75.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Plastic Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,371,974,000 to 2,770,626,000, a change of -1,601,348,000 (-36.6%).
- Net loss of 1,220,049,000 reduced equity.
- Dividend payments of 318,972,000 reduced retained earnings.
- Other comprehensive income decreased equity by 47,159,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.22 Billion | -44.04% |
| Dividends Paid | NT$318.97 Million | -11.51% |
| Other Comprehensive Income | NT$-47.16 Million | -1.7% |
| Other Changes | NT$-15.17 Million | -0.55% |
| Total Change | NT$- | -36.63% |
Book Value vs Market Value Analysis
This analysis compares General Plastic Industrial 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: 0.86x
- 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 1.13x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$16.59 | NT$18.70 | x |
| 2010-12-31 | NT$17.00 | NT$18.70 | x |
| 2011-12-31 | NT$17.23 | NT$18.70 | x |
| 2012-12-31 | NT$16.67 | NT$18.70 | x |
| 2013-12-31 | NT$17.33 | NT$18.70 | x |
| 2014-12-31 | NT$18.48 | NT$18.70 | x |
| 2015-12-31 | NT$19.45 | NT$18.70 | x |
| 2016-12-31 | NT$18.99 | NT$18.70 | x |
| 2017-12-31 | NT$22.15 | NT$18.70 | x |
| 2018-12-31 | NT$29.34 | NT$18.70 | x |
| 2019-12-31 | NT$26.91 | NT$18.70 | x |
| 2020-12-31 | NT$24.66 | NT$18.70 | x |
| 2021-12-31 | NT$25.53 | NT$18.70 | x |
| 2022-12-31 | NT$30.89 | NT$18.70 | x |
| 2023-12-31 | NT$32.28 | NT$18.70 | x |
| 2024-12-31 | NT$33.99 | NT$18.70 | x |
| 2025-12-31 | NT$21.71 | NT$18.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Plastic Industrial 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): -44.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.24%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.33x
- Recent ROE (-44.04%) is below the historical average (11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.90% | 16.12% | 0.49x | 2.03x | NT$65.75 Million |
| 2004 | 16.12% | 16.90% | 0.51x | 1.87x | NT$71.94 Million |
| 2005 | 6.61% | 6.95% | 0.79x | 1.21x | NT$-38.58 Million |
| 2006 | 18.81% | 19.38% | 0.79x | 1.23x | NT$118.12 Million |
| 2007 | 11.71% | 11.95% | 0.76x | 1.30x | NT$22.11 Million |
| 2008 | 12.51% | 12.88% | 0.79x | 1.23x | NT$33.90 Million |
| 2009 | 22.33% | 21.70% | 0.79x | 1.30x | NT$192.45 Million |
| 2010 | 19.56% | 18.50% | 0.85x | 1.24x | NT$153.85 Million |
| 2011 | 15.02% | 17.20% | 0.67x | 1.30x | NT$82.38 Million |
| 2012 | 12.18% | 13.64% | 0.61x | 1.45x | NT$34.65 Million |
| 2013 | 13.29% | 12.73% | 0.65x | 1.61x | NT$54.34 Million |
| 2014 | 15.88% | 15.09% | 0.50x | 2.09x | NT$103.73 Million |
| 2015 | 18.12% | 17.65% | 0.52x | 1.96x | NT$150.98 Million |
| 2016 | 21.10% | 19.62% | 0.52x | 2.05x | NT$197.96 Million |
| 2017 | 23.48% | 27.14% | 0.32x | 2.71x | NT$262.65 Million |
| 2018 | 1.21% | 0.61% | 1.01x | 1.96x | NT$-301.73 Million |
| 2019 | 10.18% | 5.59% | 0.90x | 2.02x | NT$6.13 Million |
| 2020 | 4.70% | 3.51% | 0.65x | 2.06x | NT$-167.91 Million |
| 2021 | 10.28% | 6.84% | 0.73x | 2.07x | NT$9.10 Million |
| 2022 | 17.08% | 11.90% | 0.73x | 1.97x | NT$281.26 Million |
| 2023 | 10.44% | 8.15% | 0.65x | 1.98x | NT$18.08 Million |
| 2024 | 8.40% | 6.66% | 0.64x | 1.98x | NT$-70.05 Million |
| 2025 | -44.04% | -23.24% | 0.81x | 2.33x | NT$-1.50 Billion |
Industry Comparison
This section compares General Plastic Industrial Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,550,782,444
- Average return on equity (ROE) among peers: 4.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| General Plastic Industrial Co Ltd (6128) | NT$2.82 Billion | 15.90% | 1.32x | $75.17 Million |
| Globe Industries Corp (1324) | $949.04 Million | 0.07% | 0.31x | $23.48 Million |
| Mercuries Data Systems Ltd (2427) | $2.10 Billion | 1.05% | 0.48x | $135.99 Million |
| Huxen Corp (2433) | $4.48 Billion | 12.42% | 0.87x | $174.13 Million |
| Uniform Industrial Corp (2482) | $857.38 Million | 5.50% | 0.40x | $38.40 Million |
| Gold Rain Enterprises (4503) | $591.91 Million | -6.32% | 0.28x | $53.05 Million |
| Castles Technology Co Ltd (5258) | $786.71 Million | 12.50% | 0.37x | $144.14 Million |
| TECO Image Systems Co Ltd (5438) | $1.95 Billion | 11.31% | 0.44x | $55.66 Million |
| XAC Automation (5490) | $1.44 Billion | 2.00% | 0.23x | $67.79 Million |
| Cipherlab Co Ltd (6160) | $805.33 Million | 4.01% | 0.70x | $32.93 Million |
About General Plastic Industrial Co Ltd
General Plastic Industrial Co., Ltd. engages in the manufacture and sale of toner cartridges of photocopiers, laser printers, and organic photoconductive drum gears. The company offers copier toner cartridge, waste toner container, and remanufactured drum unit; and laser printer toner cartridge products. It also offers personal protective equipment; and project management and logistics services. … Read more