Pss Co Ltd
PSS Co.,Ltd. provides cloud parking management and visitor management systems, medical self-help machines, self-service refueling machines, ordering machines, and smart ticket machines in Taiwan. The company offers car entrance subtitle, car identification entrance subtitle, car identification export subtitle, IC entrance ticket dispensing, IC exit ticket inspection, multi-card entrance verificat… Read more
Pss Co Ltd (6914) - Net Assets
Latest net assets as of September 2025: NT$3.55 Billion TWD
Based on the latest financial reports, Pss Co Ltd (6914) has net assets worth NT$3.55 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$10.41 Billion) and total liabilities (NT$6.86 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$3.55 Billion |
| % of Total Assets | 34.07% |
| Annual Growth Rate | 20.93% |
| 5-Year Change | 119.47% |
| 10-Year Change | N/A |
| Growth Volatility | 16.19 |
Pss Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Pss 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 Pss Co Ltd (2019–2024)
The table below shows the annual net assets of Pss Co Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.46 Billion | +51.77% |
| 2023-12-31 | NT$2.28 Billion | +20.03% |
| 2022-12-31 | NT$1.90 Billion | +17.68% |
| 2021-12-31 | NT$1.61 Billion | +2.38% |
| 2020-12-31 | NT$1.57 Billion | +17.90% |
| 2019-12-31 | NT$1.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pss 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 348.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$990.14 Million | 28.65% |
| Common Stock | NT$662.26 Million | 19.16% |
| Other Components | NT$1.80 Billion | 52.19% |
| Total Equity | NT$3.46 Billion | 100.00% |
Pss Co Ltd Competitors by Market Cap
The table below lists competitors of Pss Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Sito Bio-technology Co Ltd
SHE:300583
|
$178.00 Million |
|
Dye & Durham Limited
PINK:DYNDF
|
$178.00 Million |
|
Beijing Integrity Technology Co. Ltd. A
SHG:688244
|
$178.01 Million |
|
KENMARE RES PLC EO-001
F:JEVA
|
$178.04 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
$177.83 Million |
|
Wistron Information Technology & Services
TWO:4953
|
$177.78 Million |
|
RGC Resources Inc
NASDAQ:RGCO
|
$177.78 Million |
|
Sharda Motor Industries Limited
NSE:SHARDAMOTR
|
$177.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pss Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,277,004,000 to 3,455,895,000, a change of 1,178,891,000 (51.8%).
- Net income of 458,689,000 contributed positively to equity growth.
- Dividend payments of 301,160,000 reduced retained earnings.
- New share issuances of 1,015,472,000 increased equity.
- Other comprehensive income increased equity by 493,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$458.69 Million | +13.27% |
| Dividends Paid | NT$301.16 Million | -8.71% |
| Share Issuances | NT$1.02 Billion | +29.38% |
| Other Comprehensive Income | NT$493.00K | +0.01% |
| Other Changes | NT$5.40 Million | +0.16% |
| Total Change | NT$- | 51.77% |
Book Value vs Market Value Analysis
This analysis compares Pss 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: 2.80x
- 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 4.17x to 2.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$36.01 | NT$150.00 | x |
| 2020-12-31 | NT$40.42 | NT$150.00 | x |
| 2021-12-31 | NT$26.92 | NT$150.00 | x |
| 2022-12-31 | NT$31.38 | NT$150.00 | x |
| 2023-12-31 | NT$37.53 | NT$150.00 | x |
| 2024-12-31 | NT$53.63 | NT$150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pss 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): 13.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.72%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.65x
- Recent ROE (13.27%) is below the historical average (14.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.07% | 7.97% | 0.58x | 3.06x | NT$54.31 Million |
| 2020 | 9.76% | 5.93% | 0.53x | 3.11x | NT$-3.85 Million |
| 2021 | 6.00% | 3.61% | 0.49x | 3.36x | NT$-64.43 Million |
| 2022 | 17.53% | 9.89% | 0.56x | 3.15x | NT$142.90 Million |
| 2023 | 24.09% | 12.83% | 0.59x | 3.19x | NT$320.72 Million |
| 2024 | 13.27% | 9.72% | 0.52x | 2.65x | NT$113.10 Million |
Industry Comparison
This section compares Pss Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,697,292,700
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pss Co Ltd (6914) | NT$3.55 Billion | 14.07% | 1.94x | $177.83 Million |
| Mercuries Data Systems Ltd (2427) | $3.13 Billion | 9.02% | 1.47x | $72.68 Million |
| Huxen Corp (2433) | $4.91 Billion | 10.75% | 0.72x | $43.43 Million |
| Uniform Industrial Corp (2482) | $685.71 Million | 9.80% | 0.27x | $24.47 Million |
| Gold Rain Enterprises (4503) | $496.42 Million | 7.34% | 0.23x | $51.90 Million |
| Castles Technology Co Ltd (5258) | $1.62 Billion | 18.62% | 0.85x | $117.50 Million |
| TECO Image Systems Co Ltd (5438) | $1.81 Billion | 2.74% | 0.37x | $17.26 Million |
| XAC Automation (5490) | $1.70 Billion | 18.72% | 0.28x | $63.18 Million |
| General Plastic Industrial Co Ltd (6128) | $1.18 Billion | 16.12% | 0.87x | $45.92 Million |
| Cipherlab Co Ltd (6160) | $968.69 Million | 5.34% | 0.30x | $23.95 Million |
| Taiwan Name Plate Co. Ltd. (6593) | $473.95 Million | 3.51% | 0.88x | $25.65 Million |