Nan Liu Enterprise Co Ltd
Nan Liu Enterprise Co., Ltd. engages in the manufacturing and sales of air-through nonwoven products in China, Japan, India, Taiwan and internationally. It also offers spunlace nonwoven, wet napkins, emulsions, liquids, cosmetics, and facial mask; skin care products; and disposable surgical gowns. In addition, the company provides dry towels, cleansers, and respirators. The company serves manufac… Read more
Nan Liu Enterprise Co Ltd (6504) - Net Assets
Latest net assets as of September 2025: NT$3.24 Billion TWD
Based on the latest financial reports, Nan Liu Enterprise Co Ltd (6504) has net assets worth NT$3.24 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.80 Billion) and total liabilities (NT$6.56 Billion). 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$3.24 Billion |
| % of Total Assets | 33.05% |
| Annual Growth Rate | 9.98% |
| 5-Year Change | -14.67% |
| 10-Year Change | 36.75% |
| Growth Volatility | 16.79 |
Nan Liu Enterprise Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Nan Liu Enterprise 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 Nan Liu Enterprise Co Ltd (2003–2024)
The table below shows the annual net assets of Nan Liu Enterprise Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.64 Billion | +4.01% |
| 2023-12-31 | NT$3.50 Billion | +0.01% |
| 2022-12-31 | NT$3.50 Billion | +0.37% |
| 2021-12-31 | NT$3.49 Billion | -18.26% |
| 2020-12-31 | NT$4.27 Billion | +37.44% |
| 2019-12-31 | NT$3.11 Billion | +1.29% |
| 2018-12-31 | NT$3.07 Billion | +6.70% |
| 2017-12-31 | NT$2.87 Billion | +5.58% |
| 2016-12-31 | NT$2.72 Billion | +2.18% |
| 2015-12-31 | NT$2.66 Billion | +13.57% |
| 2014-12-31 | NT$2.35 Billion | +17.47% |
| 2013-12-31 | NT$2.00 Billion | +62.59% |
| 2012-12-31 | NT$1.23 Billion | +32.08% |
| 2011-12-31 | NT$929.70 Million | +25.96% |
| 2010-12-31 | NT$738.10 Million | -5.93% |
| 2009-12-31 | NT$784.62 Million | +2.35% |
| 2008-12-31 | NT$766.64 Million | +9.85% |
| 2007-12-31 | NT$697.90 Million | +12.62% |
| 2006-12-31 | NT$619.71 Million | +0.81% |
| 2005-12-31 | NT$614.74 Million | +8.75% |
| 2004-12-31 | NT$565.29 Million | +14.38% |
| 2003-12-31 | NT$494.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nan Liu Enterprise 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 1227.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.69 Billion | 46.35% |
| Common Stock | NT$726.00 Million | 19.93% |
| Other Components | NT$1.23 Billion | 33.72% |
| Total Equity | NT$3.64 Billion | 100.00% |
Nan Liu Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Nan Liu Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orient Precision Industries Inc
KQ:065500
|
$37.30 Million |
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
$37.31 Million |
|
Turmalina Metals Corp
OTCQB:TBXXF
|
$37.32 Million |
|
Kayseri Seker Fabrikasi AS
IS:KAYSE
|
$37.35 Million |
|
Kino Polska TV SA
WAR:KPL
|
$37.28 Million |
|
Manhattan Bridge Capital Inc
NASDAQ:LOAN
|
$37.26 Million |
|
Quaser Machine Tools
TWO:4563
|
$37.26 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$37.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nan Liu Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,501,887,000 to 3,642,265,000, a change of 140,378,000 (4.0%).
- Net income of 100,963,000 contributed positively to equity growth.
- Dividend payments of 79,860,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,057,875,000.
- Other factors increased equity by 1,177,150,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$100.96 Million | +2.77% |
| Dividends Paid | NT$79.86 Million | -2.19% |
| Other Comprehensive Income | NT$-1.06 Billion | -29.04% |
| Other Changes | NT$1.18 Billion | +32.32% |
| Total Change | NT$- | 4.01% |
Book Value vs Market Value Analysis
This analysis compares Nan Liu Enterprise 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: 0.78x
- 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 2.98x to 0.78x 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$13.04 | NT$38.85 | x |
| 2010-12-31 | NT$12.30 | NT$38.85 | x |
| 2011-12-31 | NT$15.48 | NT$38.85 | x |
| 2012-12-31 | NT$19.78 | NT$38.85 | x |
| 2013-12-31 | NT$28.29 | NT$38.85 | x |
| 2014-12-31 | NT$32.28 | NT$38.85 | x |
| 2015-12-31 | NT$36.66 | NT$38.85 | x |
| 2016-12-31 | NT$37.46 | NT$38.85 | x |
| 2017-12-31 | NT$39.55 | NT$38.85 | x |
| 2018-12-31 | NT$42.20 | NT$38.85 | x |
| 2019-12-31 | NT$42.74 | NT$38.85 | x |
| 2020-12-31 | NT$58.69 | NT$38.85 | x |
| 2021-12-31 | NT$48.04 | NT$38.85 | x |
| 2022-12-31 | NT$48.22 | NT$38.85 | x |
| 2023-12-31 | NT$48.22 | NT$38.85 | x |
| 2024-12-31 | NT$50.05 | NT$38.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nan Liu Enterprise 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): 2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.50%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.81x
- Recent ROE (2.77%) is below the historical average (13.77%), 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 | 12.28% | 5.23% | 1.30x | 1.80x | NT$11.29 Million |
| 2004 | 17.38% | 7.55% | 1.07x | 2.15x | NT$41.69 Million |
| 2005 | 19.32% | 8.38% | 1.00x | 2.31x | NT$57.32 Million |
| 2006 | 7.06% | 2.85% | 1.04x | 2.38x | NT$-18.23 Million |
| 2007 | 15.64% | 6.51% | 0.97x | 2.47x | NT$39.39 Million |
| 2008 | 13.11% | 5.28% | 0.84x | 2.95x | NT$23.81 Million |
| 2009 | 6.05% | 2.05% | 0.94x | 3.14x | NT$-31.02 Million |
| 2010 | 0.72% | 0.18% | 1.11x | 3.48x | NT$-68.53 Million |
| 2011 | 15.00% | 3.96% | 1.25x | 3.02x | NT$46.49 Million |
| 2012 | 16.04% | 5.32% | 1.11x | 2.72x | NT$74.20 Million |
| 2013 | 18.87% | 8.25% | 1.03x | 2.22x | NT$177.13 Million |
| 2014 | 17.91% | 7.86% | 1.09x | 2.09x | NT$185.63 Million |
| 2015 | 21.83% | 9.82% | 1.10x | 2.02x | NT$315.09 Million |
| 2016 | 21.40% | 9.56% | 1.13x | 1.98x | NT$310.21 Million |
| 2017 | 18.84% | 8.41% | 0.95x | 2.35x | NT$254.04 Million |
| 2018 | 19.33% | 8.73% | 0.84x | 2.65x | NT$286.17 Million |
| 2019 | 16.94% | 8.03% | 0.69x | 3.07x | NT$215.45 Million |
| 2020 | 34.06% | 15.51% | 0.86x | 2.55x | NT$1.03 Billion |
| 2021 | 3.36% | 1.73% | 0.64x | 3.02x | NT$-231.63 Million |
| 2022 | 1.65% | 0.96% | 0.57x | 2.98x | NT$-292.44 Million |
| 2023 | 3.42% | 1.94% | 0.60x | 2.97x | NT$-230.32 Million |
| 2024 | 2.77% | 1.50% | 0.66x | 2.81x | NT$-263.26 Million |
Industry Comparison
This section compares Nan Liu Enterprise Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $2,363,977,778
- Average return on equity (ROE) among peers: 3.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nan Liu Enterprise Co Ltd (6504) | NT$3.24 Billion | 12.28% | 2.03x | $37.29 Million |
| Farcent Enterprise Co Ltd (1730) | $1.11 Billion | 10.36% | 0.53x | $50.96 Million |
| Mao Bao Inc (1732) | $464.20 Million | 5.44% | 0.28x | $15.99 Million |
| Taiyen Biotech Co Ltd (1737) | $6.57 Billion | 3.19% | 0.05x | $103.31 Million |
| Sanitar Co Ltd (1817) | $1.49 Billion | 15.47% | 0.23x | $56.41 Million |
| Shihlin Paper Corp (1903) | $4.58 Billion | 0.00% | 0.72x | $268.57 Million |
| Jia Wei Lifestyle Inc (3557) | $778.16 Million | -13.00% | 0.45x | $39.15 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $176.21 Million |
| Jourdeness Group Ltd (4190) | $1.77 Billion | -16.49% | 3.17x | $20.26 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $398.69 Million | -4.73% | 0.12x | $39.19 Million |