6969
Transcene Co., Ltd engages in the urban mining and resource recycling activities. It offers Sic ceramic and powder, silicon briquette, metallurgical grade silicon, Si powder, quartz powder, mineral filler masterbatch, biodegradable plastic, silicon oxide powder, biodegradable plastic masterbatch, green building materials epoxy floor paint, and solar panel foundation grass protection membrane prod… Read more
6969 (6969) - Net Assets
Latest net assets as of September 2025: NT$318.85 Million TWD
Based on the latest financial reports, 6969 (6969) has net assets worth NT$318.85 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$1.14 Billion) and total liabilities (NT$820.02 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$318.85 Million |
| % of Total Assets | 28.0% |
| Annual Growth Rate | 15.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.51 |
6969 - Net Assets Trend (2022–2024)
This chart illustrates how 6969's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 6969 (2022–2024)
The table below shows the annual net assets of 6969 from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$328.02 Million | -1.02% |
| 2023-12-31 | NT$331.40 Million | +34.00% |
| 2022-12-31 | NT$247.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 6969'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 decreased by 16639000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$549.36 Million | 167.48% |
| Total Equity | NT$328.02 Million | 100.00% |
6969 Competitors by Market Cap
The table below lists competitors of 6969 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adore Beauty Group Ltd
AU:ABY
|
$16.96 Million |
|
Namib Minerals Ordinary Shares
NASDAQ:NAMM
|
$16.96 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$16.96 Million |
|
ANSWEAR.COM SA ZY-05
F:90Z
|
$16.96 Million |
|
Bluecom Co. Ltd
KQ:033560
|
$16.95 Million |
|
CLEAN POWER HYDROG.LS-01
F:G9Z
|
$16.95 Million |
|
Aker Technology Co Ltd
TWO:6174
|
$16.95 Million |
|
Awilco Drilling PLC
OTCMKTS:AWLCF
|
$16.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 6969's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 331,397,000 to 328,018,000, a change of -3,379,000 (-1.0%).
- Net loss of 78,869,000 reduced equity.
- New share issuances of 75,490,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-78.87 Million | -24.04% |
| Share Issuances | NT$75.49 Million | +23.01% |
| Total Change | NT$- | -1.02% |
Book Value vs Market Value Analysis
This analysis compares 6969'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: 3.36x
- 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 4.19x to 3.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | NT$6.82 | NT$28.55 | x |
| 2023-12-31 | NT$9.13 | NT$28.55 | x |
| 2024-12-31 | NT$8.51 | NT$28.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 6969 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -24.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.39%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.58x
- Recent ROE (-24.04%) is below the historical average (-15.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 2.79% | 3.62% | 0.31x | 2.49x | NT$-17.84 Million |
| 2023 | -26.41% | -70.15% | 0.12x | 3.08x | NT$-120.66 Million |
| 2024 | -24.04% | -39.39% | 0.17x | 3.58x | NT$-111.67 Million |
Industry Comparison
This section compares 6969's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $13,784,290,222
- Average return on equity (ROE) among peers: 3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 6969 (6969) | NT$318.85 Million | 2.79% | 2.57x | $16.96 Million |
| Lien Hwa Industrial Corp (1229) | $20.26 Billion | 6.99% | 0.21x | $1.38 Billion |
| Chung Fu Tex-International Corp (1435) | $617.53 Million | 2.20% | 0.97x | $30.53 Million |
| Tatung Co (2371) | $61.87 Billion | 0.59% | 2.46x | $1.19 Billion |
| Radium Life Tech Co Ltd (2547) | $12.58 Billion | 26.77% | 3.04x | $177.75 Million |
| Eastern Media International Corp (2614) | $11.72 Billion | -16.75% | 0.69x | $161.55 Million |
| Kayee International Group Co Ltd (2939) | $730.07 Million | -18.49% | 0.36x | $27.25 Million |
| Billion Electric Co Ltd (3027) | $1.38 Billion | 10.08% | 0.29x | $51.48 Million |
| Eurocharm Holdings Co Ltd (5288) | $2.50 Billion | 19.39% | 0.30x | $126.01 Million |
| Digital China Holdings Limited (910861) | $12.40 Billion | 1.78% | 1.06x | $56.64 Million |