Nien Made Enterprise Co Ltd
Nien Made Enterprise Co., LTD. engages in the research, development, design, manufacture, and sale of various types of window coverings and related components in the United States, Europe, and internationally. The company operates through two segments, Window Coverings and Other. It offers various types of blinds, shutters, shades, and related components; wood blinds and shutter semi-products; sm… Read more
Nien Made Enterprise Co Ltd (8464) - Net Assets
Latest net assets as of September 2025: NT$27.84 Billion TWD
Based on the latest financial reports, Nien Made Enterprise Co Ltd (8464) has net assets worth NT$27.84 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$36.48 Billion) and total liabilities (NT$8.63 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$27.84 Billion |
| % of Total Assets | 76.33% |
| Annual Growth Rate | 12.66% |
| 5-Year Change | 79.3% |
| 10-Year Change | 155.74% |
| Growth Volatility | 81.89 |
Nien Made Enterprise Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Nien Made Enterprise 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 Nien Made Enterprise Co Ltd (2000–2024)
The table below shows the annual net assets of Nien Made Enterprise Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$28.08 Billion | +14.94% |
| 2023-12-31 | NT$24.43 Billion | +12.15% |
| 2022-12-31 | NT$21.78 Billion | +21.70% |
| 2021-12-31 | NT$17.90 Billion | +14.29% |
| 2020-12-31 | NT$15.66 Billion | +12.24% |
| 2019-12-31 | NT$13.95 Billion | +9.63% |
| 2018-12-31 | NT$12.73 Billion | +5.21% |
| 2017-12-31 | NT$12.10 Billion | +3.46% |
| 2016-12-31 | NT$11.69 Billion | +6.49% |
| 2015-12-31 | NT$10.98 Billion | +226.92% |
| 2014-12-31 | NT$3.36 Billion | +229.46% |
| 2013-12-31 | NT$1.02 Billion | +217.60% |
| 2012-12-31 | NT$-866.87 Million | -151.69% |
| 2011-12-31 | NT$1.68 Billion | -79.99% |
| 2006-12-31 | NT$8.38 Billion | +47.14% |
| 2005-12-31 | NT$5.70 Billion | +23.34% |
| 2004-12-31 | NT$4.62 Billion | +22.30% |
| 2003-12-31 | NT$3.78 Billion | +35.40% |
| 2002-12-31 | NT$2.79 Billion | +30.70% |
| 2001-12-31 | NT$2.13 Billion | +32.80% |
| 2000-12-31 | NT$1.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nien Made Enterprise 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 3921.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.74 Billion | 57.02% |
| Common Stock | NT$2.93 Billion | 10.61% |
| Other Comprehensive Income | NT$4.41 Billion | 15.97% |
| Other Components | NT$4.53 Billion | 16.39% |
| Total Equity | NT$27.61 Billion | 100.00% |
Nien Made Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Nien Made Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suntory Beverage & Food Ltd
PINK:STBFY
|
$2.02 Billion |
|
JK Cement Limited
NSE:JKCEMENT
|
$2.02 Billion |
|
OneStream, Inc. Class A Common Stock
NASDAQ:OS
|
$2.02 Billion |
|
Triumph Group Inc
NYSE:TGI
|
$2.02 Billion |
|
Bank of N.T. Butterfield & Son Ltd
NYSE:NTB
|
$2.02 Billion |
|
Formosa Petrochemical Corp
TW:6505
|
$2.02 Billion |
|
Robert Half International Inc
NYSE:RHI
|
$2.02 Billion |
|
Civitas Resources Inc
NYSE:CIVI
|
$2.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nien Made Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,973,366,000 to 27,611,056,000, a change of 3,637,690,000 (15.2%).
- Net income of 6,903,073,000 contributed positively to equity growth.
- Dividend payments of 3,516,242,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,338,429,000.
- Other factors decreased equity by 4,087,570,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$6.90 Billion | +25.0% |
| Dividends Paid | NT$3.52 Billion | -12.73% |
| Other Comprehensive Income | NT$4.34 Billion | +15.71% |
| Other Changes | NT$-4.09 Billion | -14.8% |
| Total Change | NT$- | 15.17% |
Book Value vs Market Value Analysis
This analysis compares Nien Made Enterprise Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$-3.16 | NT$403.00 | x |
| 2013-12-31 | NT$3.79 | NT$403.00 | x |
| 2014-12-31 | NT$12.74 | NT$403.00 | x |
| 2015-12-31 | NT$41.56 | NT$403.00 | x |
| 2016-12-31 | NT$39.43 | NT$403.00 | x |
| 2017-12-31 | NT$40.80 | NT$403.00 | x |
| 2018-12-31 | NT$42.83 | NT$403.00 | x |
| 2019-12-31 | NT$46.87 | NT$403.00 | x |
| 2020-12-31 | NT$52.35 | NT$403.00 | x |
| 2021-12-31 | NT$59.72 | NT$403.00 | x |
| 2022-12-31 | NT$73.14 | NT$403.00 | x |
| 2023-12-31 | NT$81.61 | NT$403.00 | x |
| 2024-12-31 | NT$93.97 | NT$403.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nien Made Enterprise 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): 25.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.37%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.37x
- Recent ROE (25.00%) is below the historical average (38.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 39.22% | 6.91% | 0.94x | 6.02x | NT$474.77 Million |
| 2012 | 0.00% | 11.79% | 1.09x | 0.00x | NT$1.34 Billion |
| 2013 | 158.35% | 12.51% | 1.03x | 12.25x | NT$1.42 Billion |
| 2014 | 58.05% | 13.75% | 1.06x | 3.98x | NT$1.58 Billion |
| 2015 | 24.28% | 15.70% | 0.95x | 1.62x | NT$1.55 Billion |
| 2016 | 31.93% | 19.56% | 1.14x | 1.44x | NT$2.53 Billion |
| 2017 | 30.07% | 18.25% | 1.18x | 1.40x | NT$2.40 Billion |
| 2018 | 28.91% | 16.59% | 1.17x | 1.48x | NT$2.37 Billion |
| 2019 | 32.79% | 18.82% | 1.08x | 1.61x | NT$3.13 Billion |
| 2020 | 31.26% | 19.64% | 0.88x | 1.82x | NT$3.26 Billion |
| 2021 | 30.40% | 18.33% | 0.99x | 1.68x | NT$3.57 Billion |
| 2022 | 28.73% | 21.32% | 0.95x | 1.42x | NT$4.02 Billion |
| 2023 | 22.89% | 20.39% | 0.83x | 1.36x | NT$3.09 Billion |
| 2024 | 25.00% | 23.37% | 0.78x | 1.37x | NT$4.14 Billion |
Industry Comparison
This section compares Nien Made Enterprise Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,453,089,600
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nien Made Enterprise Co Ltd (8464) | NT$27.84 Billion | 39.22% | 0.31x | $2.02 Billion |
| Zeng Hsing Industrial Co Ltd (1558) | $8.23 Billion | 5.97% | 0.53x | $159.60 Million |
| Sampo Corp (1604) | $7.48 Billion | 1.91% | 0.73x | $194.91 Million |
| China Electric Manufacturing Corp (1611) | $4.56 Billion | 1.75% | 0.29x | $96.73 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.17 Billion | 4.11% | 0.26x | $126.91 Million |
| Airmate Cayman International Co Ltd (1626) | $2.22 Billion | 22.35% | 2.06x | $26.74 Million |
| Hocheng Corp (1810) | $6.31 Billion | 3.21% | 0.80x | $119.59 Million |
| King Slide Works Co Ltd (2059) | $28.04 Billion | 35.08% | 0.25x | $5.64 Billion |
| Fortune Oriental Co Ltd (2491) | $724.35 Million | 5.40% | 1.92x | $24.92 Million |
| Bedding World Co., Ltd. (2938) | $492.43 Million | 17.07% | 2.01x | $3.06 Million |
| Ado Optronics (3516) | $1.30 Billion | 3.37% | 0.48x | $15.82 Million |