Ping Ho Environmental Technology Co., Ltd.
Ping Ho Environmental Technology Co., Ltd., together with its subsidiaries, engages in wastewater treatment business in Taiwan. The company engages in the contract treatment of industrial wastewater, including general, chromium-containing, nickel-containing, and ammonia-nitrogen wastewater; contract operation of wastewater treatment; and recycling and reuse of high-concentration ammonia-nitrogen … Read more
Ping Ho Environmental Technology Co., Ltd. (6771) - Net Assets
Latest net assets as of September 2025: NT$877.32 Million TWD
Based on the latest financial reports, Ping Ho Environmental Technology Co., Ltd. (6771) has net assets worth NT$877.32 Million 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$1.36 Billion) and total liabilities (NT$478.37 Million). 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$877.32 Million |
| % of Total Assets | 64.71% |
| Annual Growth Rate | 8.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.21 |
Ping Ho Environmental Technology Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Ping Ho Environmental Technology 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 Ping Ho Environmental Technology Co., Ltd. (2020–2024)
The table below shows the annual net assets of Ping Ho Environmental Technology Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$869.78 Million | +18.18% |
| 2023-12-31 | NT$735.98 Million | +2.72% |
| 2022-12-31 | NT$716.46 Million | +3.65% |
| 2021-12-31 | NT$691.24 Million | +10.54% |
| 2020-12-31 | NT$625.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ping Ho Environmental Technology 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 53.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$190.84 Million | 22.15% |
| Common Stock | NT$311.80 Million | 36.19% |
| Other Components | NT$358.81 Million | 41.65% |
| Total Equity | NT$861.44 Million | 100.00% |
Ping Ho Environmental Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Ping Ho Environmental Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaplamin Ambalaj Sanayi ve Ticaret AS
IS:KAPLM
|
$30.92 Million |
|
396470
KQ:396470
|
$30.92 Million |
|
Comtrend Corp
TWO:8089
|
$30.95 Million |
|
Memscap Regpt
PA:MEMS
|
$30.95 Million |
|
Komplett AS
OL:KOMPL
|
$30.87 Million |
|
CORA GOLD LTD O.N.
F:C0J
|
$30.87 Million |
|
Master Ad Public Company Limited
BK:ROCTEC
|
$30.85 Million |
|
All Cosmos Bio-Tech Holding Corp
TW:4148
|
$30.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ping Ho Environmental Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 725,895,000 to 861,442,000, a change of 135,547,000 (18.7%).
- Net income of 118,280,000 contributed positively to equity growth.
- Dividend payments of 116,718,000 reduced retained earnings.
- New share issuances of 129,781,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$118.28 Million | +13.73% |
| Dividends Paid | NT$116.72 Million | -13.55% |
| Share Issuances | NT$129.78 Million | +15.07% |
| Other Changes | NT$4.20 Million | +0.49% |
| Total Change | NT$- | 18.67% |
Book Value vs Market Value Analysis
This analysis compares Ping Ho Environmental Technology 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: 1.56x
- 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 2.14x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$20.63 | NT$44.15 | x |
| 2021-12-31 | NT$22.98 | NT$44.15 | x |
| 2022-12-31 | NT$23.94 | NT$44.15 | x |
| 2023-12-31 | NT$24.73 | NT$44.15 | x |
| 2024-12-31 | NT$28.38 | NT$44.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ping Ho Environmental Technology 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): 13.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.63%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.57x
- Recent ROE (13.73%) is below the historical average (19.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 18.62% | 22.92% | 0.39x | 2.06x | NT$52.07 Million |
| 2021 | 23.50% | 26.44% | 0.45x | 1.99x | NT$91.16 Million |
| 2022 | 21.56% | 22.55% | 0.52x | 1.84x | NT$81.36 Million |
| 2023 | 19.13% | 22.79% | 0.47x | 1.78x | NT$66.26 Million |
| 2024 | 13.73% | 18.63% | 0.47x | 1.57x | NT$32.14 Million |
Industry Comparison
This section compares Ping Ho Environmental Technology Co., Ltd.'s net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,644,719,647
- Average return on equity (ROE) among peers: 9.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ping Ho Environmental Technology Co., Ltd. (6771) | NT$877.32 Million | 18.62% | 0.55x | $30.91 Million |
| Taiwan Steel Union Co Ltd (6581) | $1.94 Billion | 23.47% | 0.36x | $51.95 Million |
| Ever-Clear Environmental Eng. Corp. (6624) | $298.39 Million | 0.25% | 1.76x | $22.95 Million |
| ECOVE Environment Corp (6803) | $5.23 Billion | 14.55% | 0.35x | $305.16 Million |
| Chyunn Environment Corporation (6911) | $537.93 Million | 8.22% | 0.52x | $9.25K |
| Techzone Technology Materials Co., Ltd. (6947) | $405.82 Million | 5.37% | 1.58x | $115.78 Million |
| Chin Hsin Environ Engineering Co., Ltd. (6951) | $652.57 Million | 16.02% | 0.68x | $37.97 Million |
| Enrestec Inc. (7507) | $812.37 Million | -7.49% | 0.42x | $31.28 Million |
| Revivegen Co., Ltd. (7578) | $2.48 Billion | 1.55% | 1.59x | $28.10 Million |
| Sunny Friend Environmental Technology Co Ltd (8341) | $2.44 Billion | 25.10% | 0.41x | $165.63 Million |