Yankey Engineering Co., Ltd. offers engineering services in Taiwan, China, and Thailand. The company designs and installs clean room systems, refrigeration and air conditioning systems, and ice-making systems; and sells materials for these systems. It also provides mechanical, electrical, and plumbing turnkey services for commercial office buildings; and high and low voltage transmission system installation, fire protection system, process pipeline system, water supply and drainage system, process exhaust system, and CCTV and securit… Read more
Yankey Engineering Co Ltd (6691) - Net Assets
Latest net assets as of March 2025: NT$5.23 Billion TWD
Based on the latest financial reports, Yankey Engineering Co Ltd (6691) has net assets worth NT$5.23 Billion TWD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$16.72 Billion) and total liabilities (NT$11.50 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
| Current Net Assets | NT$5.23 Billion | % of Total Assets | 31.27% |
|---|---|---|---|
| Annual Growth Rate | 5.55% | 5-Year Change | 194.12% |
| 10-Year Change | N/A | Growth Volatility | 53.31 |
Yankey Engineering Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Yankey Engineering 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 Yankey Engineering Co Ltd (2019–2024)
The table below shows the annual net assets of Yankey Engineering Co Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.29 Billion | +12.41% |
| 2023-12-31 | NT$5.60 Billion | +8.93% |
| 2022-12-31 | NT$5.14 Billion | +13.75% |
| 2021-12-31 | NT$4.52 Billion | +111.18% |
| 2020-12-31 | NT$2.14 Billion | -55.45% |
| 2019-12-31 | NT$4.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yankey Engineering 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 98.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.57 Billion | 40.86% |
| Other Components | NT$3.72 Billion | 59.14% |
| Total Equity | NT$6.29 Billion | 100.00% |
Yankey Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Yankey Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LandMark Optoelectronics
TWO:3081
|
$710.35 Million |
|
Lunit Inc.
KQ:328130
|
$710.86 Million |
|
Daishin Sec
KO:003540
|
$710.93 Million |
|
China CYTS Tours Holding Co Ltd
SHG:600138
|
$711.22 Million |
|
Karnov Group AB
ST:KAR
|
$709.97 Million |
|
Odfjell Drilling Ltd
OL:ODL
|
$709.87 Million |
|
Electricity Generating Public Company Limited
BK:EGCO
|
$709.33 Million |
|
Biotage AB (publ)
OTCGREY:BITGF
|
$709.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yankey Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,596,780,000 to 6,291,346,000, a change of 694,566,000 (12.4%).
- Net income of 2,030,002,000 contributed positively to equity growth.
- Dividend payments of 1,398,229,000 reduced retained earnings.
- Other comprehensive income increased equity by 31,467,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.03 Billion | +32.27% |
| Dividends Paid | NT$1.40 Billion | -22.22% |
| Other Comprehensive Income | NT$31.47 Million | +0.5% |
| Other Changes | NT$31.33 Million | +0.5% |
| Total Change | NT$ 694.57 Million | +12.41% |
Book Value vs Market Value Analysis
This analysis compares Yankey Engineering Co Ltd's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 7.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.68x to 7.15x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 2019 | NT$21.80 | NT$429.00 | 19.68x |
| 2020 | NT$27.15 | NT$429.00 | 15.80x |
| 2021 | NT$57.27 | NT$429.00 | 7.49x |
| 2022 | NT$58.80 | NT$429.00 | 7.30x |
| 2023 | NT$53.28 | NT$429.00 | 8.05x |
| 2024 | NT$59.99 | NT$429.00 | 7.15x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yankey Engineering 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): 32.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.36%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.49x
- Recent ROE (32.27%) is above the historical average (27.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 25.72% | 10.25% | 1.08x | 2.33x | NT$324.17 Million |
| 2020 | 21.83% | 8.72% | 1.06x | 2.35x | NT$253.14 Million |
| 2021 | 21.18% | 8.98% | 1.18x | 2.00x | NT$505.06 Million |
| 2022 | 33.64% | 12.37% | 1.22x | 2.22x | NT$1.21 Billion |
| 2023 | 31.58% | 11.39% | 1.27x | 2.18x | NT$1.21 Billion |
| 2024 | 32.27% | 13.36% | 0.97x | 2.49x | NT$1.40 Billion |
Industry Comparison
This section compares Yankey Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,548,594,300
- Average return on equity (ROE) among peers: 0.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yankey Engineering Co Ltd (6691) | NT$5.23 Billion | 25.72% | 2.20x | $710.15 Million |
| United Integrated Services Co Ltd (2404) | $10.61 Billion | 37.69% | 2.15x | $3.00 Billion |
| Long Bon International Co Ltd (2514) | $10.27 Billion | 8.63% | 1.38x | $74.15 Million |
| BES Engineering Co (2515) | $18.24 Billion | 2.02% | 1.10x | $396.46 Million |
| New Asia Construction & Development Corp (2516) | $1.72 Billion | -40.89% | 2.44x | $85.29 Million |
| Da-Cin Construction Co Ltd (2535) | $4.29 Billion | 11.26% | 1.69x | $331.83 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $2.18 Billion | 5.17% | 2.62x | $449.84 Million |
| Kedge Construction Co Ltd (2546) | $2.04 Billion | 6.60% | 1.39x | $145.66 Million |
| Ruentex Engineering & Construction Co Ltd (2597) | $4.05 Billion | 7.06% | 1.13x | $410.59 Million |
| Lung Ming Green Energy Technology Engineering Co Ltd (3018) | $597.33 Million | -41.11% | 1.54x | $21.69 Million |
| Apex Science & Engineering Corp (3052) | $1.49 Billion | 11.44% | 2.16x | $60.52 Million |