Fusheng Precision Co Ltd (6670) - Net Assets
Based on the latest financial reports, Fusheng Precision Co Ltd (6670) has net assets worth NT$18.70 Billion TWD (≈ $589.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$30.29 Billion ≈ $954.21 Million USD) and total liabilities (NT$11.59 Billion ≈ $365.04 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 Fusheng Precision Co Ltd (6670) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$18.70 Billion |
| % of Total Assets | 61.74% |
| Annual Growth Rate | 11.47% |
| 5-Year Change | 118.14% |
| 10-Year Change | 990.68% |
| Growth Volatility | 39.97 |
Fusheng Precision Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Fusheng Precision Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Fusheng Precision Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Fusheng Precision Co Ltd (2013–2025)
The table below shows the annual net assets of Fusheng Precision Co Ltd from 2013 to 2025. For live valuation and market cap data, see Fusheng Precision Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$18.70 Billion ≈ $589.17 Million |
+12.00% |
| 2024-12-31 | NT$16.70 Billion ≈ $526.03 Million |
+34.31% |
| 2023-12-31 | NT$12.43 Billion ≈ $391.66 Million |
-2.56% |
| 2022-12-31 | NT$12.76 Billion ≈ $401.96 Million |
+48.82% |
| 2021-12-31 | NT$8.57 Billion ≈ $270.09 Million |
+22.63% |
| 2020-12-31 | NT$6.99 Billion ≈ $220.24 Million |
+5.24% |
| 2019-12-31 | NT$6.64 Billion ≈ $209.29 Million |
+11.04% |
| 2018-12-31 | NT$5.98 Billion ≈ $188.47 Million |
+93.76% |
| 2017-12-31 | NT$3.09 Billion ≈ $97.27 Million |
+80.07% |
| 2016-12-31 | NT$1.71 Billion ≈ $54.02 Million |
-12.93% |
| 2015-12-31 | NT$1.97 Billion ≈ $62.04 Million |
-63.06% |
| 2014-12-31 | NT$5.33 Billion ≈ $167.94 Million |
+4.88% |
| 2013-12-31 | NT$5.08 Billion ≈ $160.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fusheng Precision 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 275.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$8.19 Billion | 52.67% |
| Common Stock | NT$1.39 Billion | 8.97% |
| Other Comprehensive Income | NT$2.76 Billion | 17.76% |
| Other Components | NT$3.20 Billion | 20.61% |
| Total Equity | NT$15.54 Billion | 100.00% |
Fusheng Precision Co Ltd Competitors by Market Cap
The table below lists competitors of Fusheng Precision Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aussie Broadband Ltd
AU:ABB
|
$1.10 Billion |
|
PORR AG
VI:POS
|
$1.10 Billion |
|
Wuhan Fingu Electronic Technology Co Ltd
SHE:002194
|
$1.10 Billion |
|
Excelerate Energy Inc
NYSE:EE
|
$1.10 Billion |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
$1.10 Billion |
|
Max Stock Ltd
TA:MAXO
|
$1.10 Billion |
|
Asana Inc
NYSE:ASAN
|
$1.10 Billion |
|
Platinum Asset Management Ltd
AU:PTM
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fusheng Precision Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,673,045,000 to 15,542,809,000, a change of 869,764,000 (5.9%).
- Net income of 3,121,390,000 contributed positively to equity growth.
- Dividend payments of 2,738,837,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,019,069,000.
- Other factors decreased equity by 2,531,858,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.12 Billion | +20.08% |
| Dividends Paid | NT$2.74 Billion | -17.62% |
| Other Comprehensive Income | NT$3.02 Billion | +19.42% |
| Other Changes | NT$-2.53 Billion | -16.29% |
| Total Change | NT$- | 5.93% |
Book Value vs Market Value Analysis
This analysis compares Fusheng Precision 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: 2.48x
- 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 10.46x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | NT$24.00 | NT$251.00 | x |
| 2015-12-31 | NT$8.78 | NT$251.00 | x |
| 2016-12-31 | NT$14.08 | NT$251.00 | x |
| 2017-12-31 | NT$26.01 | NT$251.00 | x |
| 2018-12-31 | NT$48.07 | NT$251.00 | x |
| 2019-12-31 | NT$48.08 | NT$251.00 | x |
| 2020-12-31 | NT$48.31 | NT$251.00 | x |
| 2021-12-31 | NT$59.44 | NT$251.00 | x |
| 2022-12-31 | NT$85.41 | NT$251.00 | x |
| 2023-12-31 | NT$80.19 | NT$251.00 | x |
| 2024-12-31 | NT$104.85 | NT$251.00 | x |
| 2025-12-31 | NT$101.31 | NT$251.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fusheng Precision 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): 20.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.48%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.95x
- Recent ROE (20.08%) is below the historical average (40.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 27.89% | 8.94% | 1.44x | 2.16x | NT$946.04 Million |
| 2015 | 88.93% | 10.11% | 1.86x | 4.73x | NT$1.53 Billion |
| 2016 | 92.57% | 11.73% | 1.53x | 5.14x | NT$1.42 Billion |
| 2017 | 44.81% | 9.79% | 1.59x | 2.88x | NT$1.07 Billion |
| 2018 | 34.97% | 12.53% | 1.53x | 1.82x | NT$1.43 Billion |
| 2019 | 34.46% | 12.65% | 1.46x | 1.87x | NT$1.54 Billion |
| 2020 | 17.81% | 7.94% | 0.98x | 2.28x | NT$495.48 Million |
| 2021 | 30.26% | 10.18% | 1.34x | 2.22x | NT$1.58 Billion |
| 2022 | 41.58% | 14.24% | 1.49x | 1.95x | NT$3.65 Billion |
| 2023 | 21.56% | 9.86% | 1.22x | 1.79x | NT$1.29 Billion |
| 2024 | 25.87% | 13.38% | 1.08x | 1.78x | NT$2.33 Billion |
| 2025 | 20.08% | 10.48% | 0.98x | 1.95x | NT$1.57 Billion |
Industry Comparison
This section compares Fusheng Precision Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,453,639,444
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fusheng Precision Co Ltd (6670) | NT$18.70 Billion | 27.89% | 0.62x | $1.10 Billion |
| Trk Corp (1432) | $799.85 Million | 0.00% | 4.58x | $57.33 Million |
| Rexon Industrial Corp Ltd (1515) | $2.96 Billion | 0.00% | 1.40x | $125.21 Million |
| Sun Race Sturmey-Archer Inc (1526) | $602.98 Million | 12.05% | 1.17x | $30.91 Million |
| Chi Hua Fitness Co Ltd (1593) | $794.85 Million | 12.58% | 0.28x | $39.23 Million |
| Dyaco International Inc (1598) | $4.95 Billion | 1.45% | 1.25x | $108.99 Million |
| Johnson Health Tech Co Ltd (1736) | $2.41 Billion | 31.37% | 1.31x | $1.17 Billion |
| Topkey Corp (4536) | $5.99 Billion | 13.88% | 0.88x | $427.77 Million |
| Brogent Technologies (5263) | $2.81 Billion | 9.47% | 0.24x | $207.84 Million |
| Janfusun Fancyworld (5701) | $764.15 Million | -25.17% | 3.07x | $15.36 Million |
About Fusheng Precision Co Ltd
FuSheng Precision Co., Ltd. engages in the golf and sports equipment businesses in Japan and internationally. It operates through the Golf Business Segment and Sports Equipment Business Segment. The company manufactures and sells golf club head and shafts; and boots, helmets, and protective gear for sports such as ice hockey, motocross, baseball, skiing, and other related sports. It is also invol… Read more