Shinfox Energy Co Ltd
Shinfox Energy Co., Ltd. engages in the development of renewable and clean energy service and technologies in Taiwan and Mainland China. The company operates solar power, onshore and offshore wind power, liquefied natural gas (LPG), hydropower, etc. plants. It also engages in the provision of construction services, equipment maintenance and repair, and other services. In addition, the company ope… Read more
Shinfox Energy Co Ltd (6806) - Net Assets
Latest net assets as of September 2025: NT$4.44 Billion TWD
Based on the latest financial reports, Shinfox Energy Co Ltd (6806) has net assets worth NT$4.44 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$51.25 Billion) and total liabilities (NT$46.81 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$4.44 Billion |
| % of Total Assets | 8.67% |
| Annual Growth Rate | 96.33% |
| 5-Year Change | 969.29% |
| 10-Year Change | N/A |
| Growth Volatility | 178.36 |
Shinfox Energy Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Shinfox Energy 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 Shinfox Energy Co Ltd (2017–2024)
The table below shows the annual net assets of Shinfox Energy Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.70 Billion | +11.18% |
| 2023-12-31 | NT$12.32 Billion | +16.47% |
| 2022-12-31 | NT$10.58 Billion | +71.14% |
| 2021-12-31 | NT$6.18 Billion | +382.52% |
| 2020-12-31 | NT$1.28 Billion | +76.73% |
| 2019-12-31 | NT$724.73 Million | +464.78% |
| 2018-12-31 | NT$128.32 Million | +5.38% |
| 2017-12-31 | NT$121.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shinfox Energy 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 141787600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.35 Billion | 10.71% |
| Common Stock | NT$2.25 Billion | 17.75% |
| Other Comprehensive Income | NT$14.26 Million | 0.11% |
| Other Components | NT$9.04 Billion | 71.43% |
| Total Equity | NT$12.65 Billion | 100.00% |
Shinfox Energy Co Ltd Competitors by Market Cap
The table below lists competitors of Shinfox Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uchi Technologies Bhd
KLSE:7100
|
$186.44 Million |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
$186.44 Million |
|
Jiin Yeeh Ding Enterprise Co Ltd
TWO:8390
|
$186.52 Million |
|
FW Thorpe Plc
OTCGREY:THFWF
|
$186.55 Million |
|
Humble Group AB (publ)
F:B39
|
$186.34 Million |
|
Wei Long Grape Wine Co Ltd
SHG:603779
|
$186.33 Million |
|
Changsha Kaiyuan Instruments
SHE:300338
|
$186.30 Million |
|
Wuxi Smart Auto-control Engineering Co Ltd
SHE:002877
|
$186.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinfox Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,157,554,000 to 12,653,997,000, a change of 1,496,443,000 (13.4%).
- Net income of 793,414,000 contributed positively to equity growth.
- Dividend payments of 324,225,000 reduced retained earnings.
- Other comprehensive income decreased equity by 315,192,001.
- Other factors increased equity by 1,342,446,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$793.41 Million | +6.27% |
| Dividends Paid | NT$324.23 Million | -2.56% |
| Other Comprehensive Income | NT$-315.19 Million | -2.49% |
| Other Changes | NT$1.34 Billion | +10.61% |
| Total Change | NT$- | 13.41% |
Book Value vs Market Value Analysis
This analysis compares Shinfox Energy 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: 0.81x
- 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 7.81x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$5.40 | NT$42.20 | x |
| 2018-12-31 | NT$5.71 | NT$42.20 | x |
| 2019-12-31 | NT$5.90 | NT$42.20 | x |
| 2020-12-31 | NT$10.22 | NT$42.20 | x |
| 2021-12-31 | NT$43.13 | NT$42.20 | x |
| 2022-12-31 | NT$52.57 | NT$42.20 | x |
| 2023-12-31 | NT$50.85 | NT$42.20 | x |
| 2024-12-31 | NT$51.90 | NT$42.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinfox Energy Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.04%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.94x
- Recent ROE (6.27%) is below the historical average (7.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.57% | 2.32% | 0.80x | 4.08x | NT$-2.96 Million |
| 2018 | 6.75% | 1.94% | 1.22x | 2.85x | NT$-4.17 Million |
| 2019 | 3.69% | 5.90% | 0.19x | 3.26x | NT$-45.73 Million |
| 2020 | 19.52% | 46.77% | 0.07x | 5.73x | NT$119.45 Million |
| 2021 | 7.75% | 10.52% | 0.43x | 1.73x | NT$-132.60 Million |
| 2022 | 2.18% | 5.24% | 0.24x | 1.76x | NT$-810.16 Million |
| 2023 | 5.70% | 5.66% | 0.38x | 2.62x | NT$-479.37 Million |
| 2024 | 6.27% | 4.04% | 0.39x | 3.94x | NT$-471.99 Million |
Industry Comparison
This section compares Shinfox Energy Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,558,479,500
- Average return on equity (ROE) among peers: 3.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinfox Energy Co Ltd (6806) | NT$4.44 Billion | 7.57% | 10.54x | $186.41 Million |
| J&V Energy Tech Co Ltd (6869) | $2.86 Billion | 15.88% | 1.87x | $287.88 Million |
| Homenema Technology Incorporation (8087) | $257.94 Million | -9.48% | 0.81x | $27.77 Million |