Taiflex Scientific Co Ltd (8039) - Net Assets
Based on the latest financial reports, Taiflex Scientific Co Ltd (8039) has net assets worth NT$10.92 Billion TWD (≈ $344.07 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$14.77 Billion ≈ $465.25 Million USD) and total liabilities (NT$3.85 Billion ≈ $121.18 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 Taiflex Scientific Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.92 Billion |
| % of Total Assets | 73.95% |
| Annual Growth Rate | 14.43% |
| 5-Year Change | 38.0% |
| 10-Year Change | 61.42% |
| Growth Volatility | 26.91 |
Taiflex Scientific Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Taiflex Scientific Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Taiflex Scientific Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Taiflex Scientific Co Ltd (2002–2025)
The table below shows the annual net assets of Taiflex Scientific Co Ltd from 2002 to 2025. For live valuation and market cap data, see Taiflex Scientific Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.92 Billion ≈ $344.07 Million |
+2.39% |
| 2024-12-31 | NT$10.67 Billion ≈ $336.02 Million |
+32.19% |
| 2023-12-31 | NT$8.07 Billion ≈ $254.21 Million |
+0.21% |
| 2022-12-31 | NT$8.05 Billion ≈ $253.68 Million |
+1.75% |
| 2021-12-31 | NT$7.91 Billion ≈ $249.32 Million |
+4.43% |
| 2020-12-31 | NT$7.58 Billion ≈ $238.75 Million |
+3.06% |
| 2019-12-31 | NT$7.35 Billion ≈ $231.65 Million |
-0.39% |
| 2018-12-31 | NT$7.38 Billion ≈ $232.56 Million |
+1.97% |
| 2017-12-31 | NT$7.24 Billion ≈ $228.07 Million |
+7.00% |
| 2016-12-31 | NT$6.77 Billion ≈ $213.15 Million |
-0.79% |
| 2015-12-31 | NT$6.82 Billion ≈ $214.84 Million |
+0.94% |
| 2014-12-31 | NT$6.76 Billion ≈ $212.84 Million |
+5.50% |
| 2013-12-31 | NT$6.40 Billion ≈ $201.75 Million |
+15.08% |
| 2012-12-31 | NT$5.56 Billion ≈ $175.31 Million |
+5.26% |
| 2011-12-31 | NT$5.29 Billion ≈ $166.55 Million |
+14.63% |
| 2010-12-31 | NT$4.61 Billion ≈ $145.29 Million |
+25.92% |
| 2009-12-31 | NT$3.66 Billion ≈ $115.39 Million |
+5.24% |
| 2008-12-31 | NT$3.48 Billion ≈ $109.64 Million |
+7.12% |
| 2007-12-31 | NT$3.25 Billion ≈ $102.36 Million |
+45.81% |
| 2006-12-31 | NT$2.23 Billion ≈ $70.20 Million |
+8.11% |
| 2005-12-31 | NT$2.06 Billion ≈ $64.93 Million |
+23.92% |
| 2004-12-31 | NT$1.66 Billion ≈ $52.40 Million |
+123.92% |
| 2003-12-31 | NT$742.77 Million ≈ $23.40 Million |
+51.10% |
| 2002-12-31 | NT$491.58 Million ≈ $15.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taiflex Scientific 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 54390.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.48 Billion | 41.11% |
| Common Stock | NT$2.63 Billion | 24.11% |
| Other Comprehensive Income | NT$1.65 Billion | 15.11% |
| Other Components | NT$2.14 Billion | 19.67% |
| Total Equity | NT$10.90 Billion | 100.00% |
Taiflex Scientific Co Ltd Competitors by Market Cap
The table below lists competitors of Taiflex Scientific Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aevis Victoria SA
SW:AEVS
|
$1.13 Billion |
|
Mader Group Ltd
AU:MAD
|
$1.13 Billion |
|
Sixt SE
XETRA:SIX3
|
$1.13 Billion |
|
Medplus Health Services Limited
NSE:MEDPLUS
|
$1.13 Billion |
|
Banpu Power Public Company Limited
BK:BPP
|
$1.13 Billion |
|
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
|
$1.13 Billion |
|
Redcare Pharmacy NV
F:RDC
|
$1.13 Billion |
|
Carabao Group Public Company Limited
BK:CBG
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiflex Scientific Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,644,028,000 to 10,896,000,000, a change of 251,972,000 (2.4%).
- Net income of 535,119,000 contributed positively to equity growth.
- Dividend payments of 640,692,000 reduced retained earnings.
- New share issuances of 27,545,000 increased equity.
- Other comprehensive income decreased equity by 46,846,000.
- Other factors increased equity by 376,846,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$535.12 Million | +4.91% |
| Dividends Paid | NT$640.69 Million | -5.88% |
| Share Issuances | NT$27.55 Million | +0.25% |
| Other Comprehensive Income | NT$-46.85 Million | -0.43% |
| Other Changes | NT$376.85 Million | +3.46% |
| Total Change | NT$- | 2.37% |
Book Value vs Market Value Analysis
This analysis compares Taiflex Scientific 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: 3.18x
- 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 7.20x to 3.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$18.95 | NT$136.50 | x |
| 2010-12-31 | NT$21.89 | NT$136.50 | x |
| 2011-12-31 | NT$24.12 | NT$136.50 | x |
| 2012-12-31 | NT$25.28 | NT$136.50 | x |
| 2013-12-31 | NT$29.78 | NT$136.50 | x |
| 2014-12-31 | NT$31.38 | NT$136.50 | x |
| 2015-12-31 | NT$32.18 | NT$136.50 | x |
| 2016-12-31 | NT$32.11 | NT$136.50 | x |
| 2017-12-31 | NT$34.21 | NT$136.50 | x |
| 2018-12-31 | NT$34.38 | NT$136.50 | x |
| 2019-12-31 | NT$34.43 | NT$136.50 | x |
| 2020-12-31 | NT$35.44 | NT$136.50 | x |
| 2021-12-31 | NT$31.43 | NT$136.50 | x |
| 2022-12-31 | NT$31.72 | NT$136.50 | x |
| 2023-12-31 | NT$31.53 | NT$136.50 | x |
| 2024-12-31 | NT$41.07 | NT$136.50 | x |
| 2025-12-31 | NT$42.96 | NT$136.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiflex Scientific 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): 4.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.04%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.36x
- Recent ROE (4.91%) is below the historical average (11.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.86% | 9.00% | 0.76x | 1.58x | NT$4.22 Million |
| 2003 | 23.99% | 13.35% | 1.11x | 1.62x | NT$103.93 Million |
| 2004 | 20.56% | 16.88% | 0.75x | 1.63x | NT$175.42 Million |
| 2005 | 22.30% | 16.60% | 0.80x | 1.68x | NT$253.32 Million |
| 2006 | 16.63% | 13.65% | 0.72x | 1.69x | NT$147.66 Million |
| 2007 | 9.51% | 10.12% | 0.66x | 1.41x | NT$-15.93 Million |
| 2008 | 6.65% | 7.08% | 0.65x | 1.44x | NT$-116.10 Million |
| 2009 | 9.95% | 9.32% | 0.70x | 1.52x | NT$-1.99 Million |
| 2010 | 17.29% | 11.37% | 0.84x | 1.80x | NT$328.70 Million |
| 2011 | 10.84% | 8.68% | 0.72x | 1.72x | NT$43.42 Million |
| 2012 | 11.42% | 7.90% | 0.84x | 1.73x | NT$76.97 Million |
| 2013 | 16.09% | 9.92% | 0.87x | 1.86x | NT$380.34 Million |
| 2014 | 13.37% | 8.71% | 0.83x | 1.85x | NT$222.53 Million |
| 2015 | 10.92% | 7.11% | 0.86x | 1.78x | NT$61.34 Million |
| 2016 | 8.70% | 5.64% | 0.87x | 1.77x | NT$-86.83 Million |
| 2017 | 10.31% | 6.56% | 0.95x | 1.65x | NT$21.90 Million |
| 2018 | 9.26% | 6.97% | 0.81x | 1.64x | NT$-53.91 Million |
| 2019 | 8.70% | 8.32% | 0.67x | 1.57x | NT$-93.92 Million |
| 2020 | 10.36% | 8.82% | 0.76x | 1.55x | NT$26.87 Million |
| 2021 | 9.46% | 7.81% | 0.67x | 1.81x | NT$-41.88 Million |
| 2022 | 8.86% | 8.03% | 0.68x | 1.62x | NT$-90.32 Million |
| 2023 | 5.30% | 5.19% | 0.63x | 1.63x | NT$-375.76 Million |
| 2024 | 5.57% | 5.96% | 0.68x | 1.36x | NT$-471.63 Million |
| 2025 | 4.91% | 5.04% | 0.72x | 1.36x | NT$-554.48 Million |
Industry Comparison
This section compares Taiflex Scientific Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiflex Scientific Co Ltd (8039) | NT$10.92 Billion | 10.86% | 0.35x | $1.13 Billion |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About Taiflex Scientific Co Ltd
Taiflex Scientific Co., Ltd., an investment holding company, engages in the manufacture, wholesale, and retail of electronic parts and components in Taiwan, Mainland China, and internationally. It offers flexible copper-clad laminate and cover layer; generation and selling of electricity from renewables; and FPC materials such as FCCL, coverlay, bonding sheet, stiffener, and composited film for b… Read more