Nien Made Enterprise Co Ltd (8464) - Net Assets
Based on the latest financial reports, Nien Made Enterprise Co Ltd (8464) has net assets worth NT$29.38 Billion TWD (≈ $925.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$39.43 Billion ≈ $1.24 Billion USD) and total liabilities (NT$10.05 Billion ≈ $316.63 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 asset allocation strategy of Nien Made Enterprise Co Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$29.38 Billion |
| % of Total Assets | 74.51% |
| Annual Growth Rate | 12.48% |
| 5-Year Change | 69.89% |
| 10-Year Change | 160.06% |
| Growth Volatility | 79.92 |
Nien Made Enterprise Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Nien Made Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 8464 stock market capitalisation.
Annual Net Assets for Nien Made Enterprise Co Ltd (2000–2025)
The table below shows the annual net assets of Nien Made Enterprise Co Ltd from 2000 to 2025. Also explore 8464 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$30.41 Billion ≈ $958.04 Million |
+8.29% |
| 2024-12-31 | NT$28.08 Billion ≈ $884.70 Million |
+14.94% |
| 2023-12-31 | NT$24.43 Billion ≈ $769.68 Million |
+12.15% |
| 2022-12-31 | NT$21.78 Billion ≈ $686.29 Million |
+21.70% |
| 2021-12-31 | NT$17.90 Billion ≈ $563.91 Million |
+14.29% |
| 2020-12-31 | NT$15.66 Billion ≈ $493.42 Million |
+12.24% |
| 2019-12-31 | NT$13.95 Billion ≈ $439.61 Million |
+9.63% |
| 2018-12-31 | NT$12.73 Billion ≈ $400.98 Million |
+5.21% |
| 2017-12-31 | NT$12.10 Billion ≈ $381.14 Million |
+3.46% |
| 2016-12-31 | NT$11.69 Billion ≈ $368.39 Million |
+6.49% |
| 2015-12-31 | NT$10.98 Billion ≈ $345.94 Million |
+226.92% |
| 2014-12-31 | NT$3.36 Billion ≈ $105.82 Million |
+229.46% |
| 2013-12-31 | NT$1.02 Billion ≈ $32.12 Million |
+217.60% |
| 2012-12-31 | NT$-866.87 Million ≈ $-27.31 Million |
-151.69% |
| 2011-12-31 | NT$1.68 Billion ≈ $52.84 Million |
-79.99% |
| 2006-12-31 | NT$8.38 Billion ≈ $264.00 Million |
+47.14% |
| 2005-12-31 | NT$5.70 Billion ≈ $179.43 Million |
+23.34% |
| 2004-12-31 | NT$4.62 Billion ≈ $145.47 Million |
+22.30% |
| 2003-12-31 | NT$3.78 Billion ≈ $118.95 Million |
+35.40% |
| 2002-12-31 | NT$2.79 Billion ≈ $87.85 Million |
+30.70% |
| 2001-12-31 | NT$2.13 Billion ≈ $67.22 Million |
+32.80% |
| 2000-12-31 | NT$1.61 Billion ≈ $50.61 Million |
-- |
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 4345.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$17.41 Billion | 58.01% |
| Common Stock | NT$2.93 Billion | 9.77% |
| Other Comprehensive Income | NT$5.14 Billion | 17.14% |
| Other Components | NT$4.53 Billion | 15.08% |
| Total Equity | NT$30.00 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 |
|---|---|
|
Towne Bank
NASDAQ:TOWN
|
$3.42 Billion |
|
Catcher Technology Co Ltd
TW:2474
|
$3.42 Billion |
|
ARIS MNG.CORP.
F:ZP1
|
$3.42 Billion |
|
Sandstorm Gold Ltd N
TO:SSL
|
$3.42 Billion |
|
SSAB AB (publ)
ST:SSAB-A
|
$3.41 Billion |
|
Baytex Energy Corp
TO:BTE
|
$3.41 Billion |
|
Valvoline Inc
NYSE:VVV
|
$3.41 Billion |
|
Fujian Anjoy Foods Co Ltd
SHG:603345
|
$3.41 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 2024 to 2025, total equity changed from 27,611,056,000 to 30,003,936,000, a change of 2,392,880,000 (8.7%).
- Net income of 6,601,203,000 contributed positively to equity growth.
- Dividend payments of 4,248,792,999 reduced retained earnings.
- Other comprehensive income increased equity by 732,193,000.
- Other factors decreased equity by 691,723,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$6.60 Billion | +22.0% |
| Dividends Paid | NT$4.25 Billion | -14.16% |
| Other Comprehensive Income | NT$732.19 Million | +2.44% |
| Other Changes | NT$-691.72 Million | -2.31% |
| Total Change | NT$- | 8.67% |
Book Value vs Market Value Analysis
This analysis compares Nien Made Enterprise Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$-3.16 | NT$370.00 | x |
| 2013-12-31 | NT$3.79 | NT$370.00 | x |
| 2014-12-31 | NT$12.74 | NT$370.00 | x |
| 2015-12-31 | NT$41.56 | NT$370.00 | x |
| 2016-12-31 | NT$39.43 | NT$370.00 | x |
| 2017-12-31 | NT$40.80 | NT$370.00 | x |
| 2018-12-31 | NT$42.83 | NT$370.00 | x |
| 2019-12-31 | NT$46.87 | NT$370.00 | x |
| 2020-12-31 | NT$52.35 | NT$370.00 | x |
| 2021-12-31 | NT$59.72 | NT$370.00 | x |
| 2022-12-31 | NT$73.14 | NT$370.00 | x |
| 2023-12-31 | NT$81.61 | NT$370.00 | x |
| 2024-12-31 | NT$93.97 | NT$370.00 | x |
| 2025-12-31 | NT$97.46 | NT$370.00 | 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): 22.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.03%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.33x
- Recent ROE (22.00%) is below the historical average (37.59%), 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 |
| 2025 | 22.00% | 22.03% | 0.75x | 1.33x | NT$3.60 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: $4,908,497,200
- Average return on equity (ROE) among peers: 0.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nien Made Enterprise Co Ltd (8464) | NT$29.38 Billion | 39.22% | 0.34x | $3.42 Billion |
| Zeng Hsing Industrial Co Ltd (1558) | $4.38 Billion | 19.63% | 0.35x | $225.69 Million |
| Sampo Corp (1604) | $6.44 Billion | 10.28% | 0.91x | $277.64 Million |
| China Electric Manufacturing Corp (1611) | $4.24 Billion | -20.25% | 0.58x | $112.86 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.14 Billion | 9.49% | 0.41x | $254.52 Million |
| Airmate Cayman International Co Ltd (1626) | $3.14 Billion | 4.98% | 1.95x | $46.02 Million |
| Hocheng Corp (1810) | $6.94 Billion | 0.21% | 0.49x | $228.72 Million |
| King Slide Works Co Ltd (2059) | $12.60 Billion | 16.44% | 0.22x | $37.51 Billion |
| Fortune Oriental Co Ltd (2491) | $1.23 Billion | -52.64% | 0.12x | $106.71 Million |
| Ado Optronics (3516) | $1.30 Billion | 3.37% | 0.48x | $46.91 Million |
| Mosa Industrial Corp (4564) | $3.69 Billion | 13.68% | 0.87x | $115.15 Million |
About 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