Pss Co Ltd (6914) - Net Assets
Based on the latest financial reports, Pss Co Ltd (6914) has net assets worth NT$3.70 Billion TWD (≈ $116.42 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$10.33 Billion ≈ $325.39 Million USD) and total liabilities (NT$6.63 Billion ≈ $208.97 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 6914 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.70 Billion |
| % of Total Assets | 35.78% |
| Annual Growth Rate | 18.48% |
| 5-Year Change | 129.23% |
| 10-Year Change | N/A |
| Growth Volatility | 15.81 |
Pss Co Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Pss Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Pss Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pss Co Ltd (2019–2025)
The table below shows the annual net assets of Pss Co Ltd from 2019 to 2025. For live valuation and market cap data, see 6914 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.70 Billion ≈ $116.42 Million |
+6.93% |
| 2024-12-31 | NT$3.46 Billion ≈ $108.88 Million |
+51.77% |
| 2023-12-31 | NT$2.28 Billion ≈ $71.74 Million |
+20.03% |
| 2022-12-31 | NT$1.90 Billion ≈ $59.77 Million |
+17.68% |
| 2021-12-31 | NT$1.61 Billion ≈ $50.79 Million |
+2.38% |
| 2020-12-31 | NT$1.57 Billion ≈ $49.61 Million |
+17.90% |
| 2019-12-31 | NT$1.34 Billion ≈ $42.08 Million |
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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 436.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.18 Billion | 32.02% |
| Common Stock | NT$662.26 Million | 17.92% |
| Other Comprehensive Income | NT$210.34 Million | 5.69% |
| Other Components | NT$1.64 Billion | 44.37% |
| Total Equity | NT$3.70 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 |
|---|---|
|
WCM Beteiligungs- und Grundbesitz-AG
F:WCMK
|
$296.45 Million |
|
Shanghai Huaming Intelligent Terminal Equipment Co Ltd
SHE:300462
|
$296.48 Million |
|
Chongqing New Dazheng Property Grp
SHE:002968
|
$296.68 Million |
|
EuroHold Bulgaria AD
WAR:EHG
|
$296.72 Million |
|
Muang Thai Insurance Public Company Limited
BK:MTI
|
$296.08 Million |
|
Zhejiang Linuo Flow Control Techno
SHE:300838
|
$295.99 Million |
|
Kerur Holdings Ltd
TA:KRUR
|
$295.97 Million |
|
Zumiez Inc
NASDAQ:ZUMZ
|
$295.94 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 2024 to 2025, total equity changed from 3,455,895,000 to 3,695,264,000, a change of 239,369,000 (6.9%).
- Net income of 635,721,000 contributed positively to equity growth.
- Dividend payments of 397,356,000 reduced retained earnings.
- Other comprehensive income increased equity by 210,335,999.
- Other factors decreased equity by 209,331,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$635.72 Million | +17.2% |
| Dividends Paid | NT$397.36 Million | -10.75% |
| Other Comprehensive Income | NT$210.34 Million | +5.69% |
| Other Changes | NT$-209.33 Million | -5.66% |
| Total Change | NT$- | 6.93% |
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: 2.54x
- 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 3.94x to 2.54x 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$142.00 | x |
| 2020-12-31 | NT$40.42 | NT$142.00 | x |
| 2021-12-31 | NT$26.92 | NT$142.00 | x |
| 2022-12-31 | NT$31.38 | NT$142.00 | x |
| 2023-12-31 | NT$37.53 | NT$142.00 | x |
| 2024-12-31 | NT$53.63 | NT$142.00 | x |
| 2025-12-31 | NT$55.80 | NT$142.00 | 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): 17.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.20%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.79x
- Recent ROE (17.20%) is above the historical average (14.56%), indicating improving 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 |
| 2025 | 17.20% | 11.20% | 0.55x | 2.79x | NT$266.19 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: $1,525,784,200
- Average return on equity (ROE) among peers: 4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pss Co Ltd (6914) | NT$3.70 Billion | 14.07% | 1.79x | $296.28 Million |
| Globe Industries Corp (1324) | $1.02 Billion | 4.27% | 0.35x | $24.85 Million |
| Mercuries Data Systems Ltd (2427) | $2.29 Billion | 6.53% | 1.00x | $141.92 Million |
| Huxen Corp (2433) | $1.99 Billion | 6.88% | 0.62x | $201.90 Million |
| Uniform Industrial Corp (2482) | $1.09 Billion | -7.77% | 0.21x | $42.70 Million |
| Gold Rain Enterprises (4503) | $444.39 Million | -7.47% | 0.57x | $94.37 Million |
| Castles Technology Co Ltd (5258) | $1.69 Billion | 13.22% | 1.72x | $174.00 Million |
| TECO Image Systems Co Ltd (5438) | $3.21 Billion | 2.71% | 0.19x | $67.19 Million |
| XAC Automation (5490) | $1.23 Billion | 2.66% | 0.59x | $85.99 Million |
| General Plastic Industrial Co Ltd (6128) | $1.34 Billion | 18.81% | 0.23x | $85.22 Million |
| Cipherlab Co Ltd (6160) | $964.72 Million | 3.98% | 0.29x | $36.25 Million |
About 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 provides car entrance subtitle, car identification entrance subtitle, car identification export subtitle, IC entrance ticket dispensing, IC exit ticket inspection, multi-card entrance verific… Read more