Shin Foong Specialty and Applied Materials Co Net Assets
Shin Foong Specialty and Applied Materials Co net assets. Based on the latest financial reports, Shin Foong Specialty and Applied Materials Co (6582) has net assets worth NT$6.86 Billion TWD (≈ $216.26 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$7.19 Billion ≈ $226.66 Million USD) and total liabilities (NT$330.07 Million ≈ $10.40 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 6582 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.86 Billion |
| % of Total Assets | 95.41% |
| Annual Growth Rate | 11.51% |
| 5-Year Change | -14.14% |
| 10-Year Change | 164.36% |
| Growth Volatility | 18.27 |
Net Assets of Shin Foong Specialty and Applied Materials Co (2013–2025)
Net assets of Shin Foong Specialty and Applied Materials Co from 2013 to 2025. This chart illustrates how Shin Foong Specialty and Applied Materials Co's net assets have evolved over time, based on quarterly financial data. See 6582 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shin Foong Specialty and Applied Materials Co (2013–2025)
The table below shows the annual net assets of Shin Foong Specialty and Applied Materials Co from 2013 to 2025. For live market cap and overall valuation, see 6582 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.32 Billion ≈ $199.19 Million |
+2.58% |
| 2024-12-31 | NT$6.16 Billion ≈ $194.17 Million |
+5.20% |
| 2023-12-31 | NT$5.86 Billion ≈ $184.58 Million |
-1.64% |
| 2022-12-31 | NT$5.96 Billion ≈ $187.67 Million |
-19.10% |
| 2021-12-31 | NT$7.36 Billion ≈ $231.98 Million |
+52.00% |
| 2020-12-31 | NT$4.84 Billion ≈ $152.61 Million |
+36.33% |
| 2019-12-31 | NT$3.55 Billion ≈ $111.95 Million |
+8.24% |
| 2018-12-31 | NT$3.28 Billion ≈ $103.42 Million |
+5.09% |
| 2017-12-31 | NT$3.12 Billion ≈ $98.42 Million |
+30.62% |
| 2016-12-31 | NT$2.39 Billion ≈ $75.35 Million |
+10.88% |
| 2015-12-31 | NT$2.16 Billion ≈ $67.95 Million |
+20.56% |
| 2014-12-31 | NT$1.79 Billion ≈ $56.37 Million |
+4.58% |
| 2013-12-31 | NT$1.71 Billion ≈ $53.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shin Foong Specialty and Applied Materials Co'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 233.1% over the analyzed period, indicating profitable operations and earnings retention.
Shin Foong Specialty and Applied Materials Co Net Assets Breakdown (December 2025)
Shin Foong Specialty and Applied Materials Co net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.50 Billion | 39.52% |
| Common Stock | NT$1.06 Billion | 16.79% |
| Other Comprehensive Income | NT$2.03 Billion | 32.07% |
| Other Components | NT$734.17 Million | 11.61% |
| Total Equity | NT$6.32 Billion | 100.00% |
Shin Foong Specialty and Applied Materials Co Competitors by Market Cap
The table below lists competitors of Shin Foong Specialty and Applied Materials Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Faraday Future Intelligent Electric Inc
NASDAQ:FFIE
|
$105.77 Million |
|
Inovio Pharmaceuticals Inc
NASDAQ:INO
|
$105.80 Million |
|
Shimmick Corporation Common Stock
NASDAQ:SHIM
|
$105.82 Million |
|
Optical Cable Corporation
NASDAQ:OCC
|
$105.84 Million |
|
Bms Birlesik Metal Sanayi ve Ticaret AS
IS:BMSTL
|
$105.69 Million |
|
Lastminute.com NV
SW:LMN
|
$105.65 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$105.64 Million |
|
GKW Limited
NSE:GKWLIMITED
|
$105.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shin Foong Specialty and Applied Materials Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,163,168,000 to 6,322,253,000, a change of 159,085,000 (2.6%).
- Net loss of 43,319,000 reduced equity.
- Dividend payments of 106,174,000 reduced retained earnings.
- Other comprehensive income increased equity by 318,553,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-43.32 Million | -0.69% |
| Dividends Paid | NT$106.17 Million | -1.68% |
| Other Comprehensive Income | NT$318.55 Million | +5.04% |
| Other Changes | NT$-9.98 Million | -0.16% |
| Total Change | NT$- | 2.58% |
Book Value vs Market Value Analysis
This analysis compares Shin Foong Specialty and Applied Materials Co'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: 0.53x
- 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 1.74x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$18.13 | NT$31.60 | x |
| 2014-12-31 | NT$18.84 | NT$31.60 | x |
| 2015-12-31 | NT$22.63 | NT$31.60 | x |
| 2016-12-31 | NT$25.32 | NT$31.60 | x |
| 2017-12-31 | NT$31.23 | NT$31.60 | x |
| 2018-12-31 | NT$31.06 | NT$31.60 | x |
| 2019-12-31 | NT$33.55 | NT$31.60 | x |
| 2020-12-31 | NT$45.61 | NT$31.60 | x |
| 2021-12-31 | NT$69.05 | NT$31.60 | x |
| 2022-12-31 | NT$56.02 | NT$31.60 | x |
| 2023-12-31 | NT$55.18 | NT$31.60 | x |
| 2024-12-31 | NT$58.04 | NT$31.60 | x |
| 2025-12-31 | NT$59.55 | NT$31.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shin Foong Specialty and Applied Materials Co 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): -0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.27%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.03x
- Recent ROE (-0.69%) is below the historical average (17.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.43% | 10.73% | 1.27x | 1.36x | NT$144.14 Million |
| 2014 | 21.08% | 12.08% | 1.28x | 1.36x | NT$198.16 Million |
| 2015 | 35.57% | 21.62% | 1.30x | 1.26x | NT$551.47 Million |
| 2016 | 24.84% | 19.49% | 1.01x | 1.26x | NT$354.90 Million |
| 2017 | 11.05% | 11.61% | 0.84x | 1.13x | NT$32.72 Million |
| 2018 | 13.01% | 11.57% | 0.99x | 1.13x | NT$98.69 Million |
| 2019 | 14.79% | 16.06% | 0.79x | 1.16x | NT$170.05 Million |
| 2020 | 36.70% | 33.75% | 0.88x | 1.23x | NT$1.29 Billion |
| 2021 | 47.21% | 42.59% | 0.93x | 1.19x | NT$2.74 Billion |
| 2022 | 2.94% | 10.28% | 0.26x | 1.09x | NT$-420.67 Million |
| 2023 | -1.84% | -12.06% | 0.14x | 1.06x | NT$-693.73 Million |
| 2024 | 1.70% | 6.15% | 0.26x | 1.06x | NT$-511.41 Million |
| 2025 | -0.69% | -5.27% | 0.13x | 1.03x | NT$-675.54 Million |
Industry Comparison
This section compares Shin Foong Specialty and Applied Materials Co's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $79,102,671,100
- Average return on equity (ROE) among peers: 2.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shin Foong Specialty and Applied Materials Co (6582) | NT$6.86 Billion | 18.43% | 0.05x | $105.70 Million |
| Formosa Plastics Corp (1301) | $403.19 Billion | 17.70% | 0.35x | $13.78 Billion |
| Nan Ya Plastics Corp (1303) | $303.12 Billion | 19.48% | 0.58x | $67.71 Billion |
| USI Corp (1304) | $24.30 Billion | 9.12% | 1.05x | $398.64 Million |
| China General Plastics Corp (1305) | $4.59 Billion | -7.19% | 1.20x | $213.27 Million |
| Asia Polymer Corp (1308) | $3.45 Billion | 0.00% | 0.21x | $243.18 Million |
| Taita Chemical Co Ltd (1309) | $3.99 Billion | 5.21% | 1.19x | $153.45 Million |
| China Petrochemical Development Corp (1314) | $31.87 Billion | -4.49% | 0.43x | $932.48 Million |
| Ocean Plastics Co Ltd (1321) | $2.68 Billion | 2.97% | 0.70x | $238.83 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $5.79 Billion | -22.96% | 0.13x | $33.56 Million |
| Everlight Chemical Industrial Corp (1711) | $8.04 Billion | 4.56% | 0.71x | $603.14 Million |
About Shin Foong Specialty and Applied Materials Co
Shin Foong Specialty and Applied Materials Co., Ltd. manufactures and sells synthetic latex products in Taiwan. The company offers synthetic SBR, NBR, acrylic, and bio-latex, that is applied to color layer of thermal paper. Its products are used in various applications, such as adhesive, paper, building and construction, fiber and textile, plastic-free solutions, eco-energy, medical and healthcar… Read more