Taiwan Environment Scientific Co., Ltd.
Taiwan Environment Scientific Co., Ltd. engages in environmental protection, soil and groundwater investigation and remediation projects, and construction waste treatment businesses. The company operates through three segments: Project, Land Resource, and other segments. It engages in the management of land resources and waste disposal; consultation, remediation and investigation. In addition, th… Read more
Taiwan Environment Scientific Co., Ltd. (8476) - Net Assets
Latest net assets as of September 2025: NT$1.83 Billion TWD
Based on the latest financial reports, Taiwan Environment Scientific Co., Ltd. (8476) has net assets worth NT$1.83 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$3.85 Billion) and total liabilities (NT$2.02 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$1.83 Billion |
| % of Total Assets | 47.49% |
| Annual Growth Rate | 32.03% |
| 5-Year Change | 351.85% |
| 10-Year Change | N/A |
| Growth Volatility | 40.84 |
Taiwan Environment Scientific Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Taiwan Environment Scientific 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 Taiwan Environment Scientific Co., Ltd. (2019–2024)
The table below shows the annual net assets of Taiwan Environment Scientific Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.05 Billion | +5.67% |
| 2023-12-31 | NT$1.94 Billion | +34.10% |
| 2022-12-31 | NT$1.44 Billion | +55.06% |
| 2021-12-31 | NT$931.74 Million | +105.64% |
| 2020-12-31 | NT$453.09 Million | -11.15% |
| 2019-12-31 | NT$509.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Environment 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 80596900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$620.37 Million | 30.87% |
| Common Stock | NT$831.13 Million | 41.36% |
| Other Components | NT$558.12 Million | 27.77% |
| Total Equity | NT$2.01 Billion | 100.00% |
Taiwan Environment Scientific Co., Ltd. Competitors by Market Cap
The table below lists competitors of Taiwan Environment Scientific Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Headlam Group
LSE:HEAD
|
$5.57K |
|
BKK LIFE ASSUR NVDR
MU:XBLA
|
$5.57K |
|
ASHANTE GOLD CORPORATION
GSE:ASG
|
$5.58K |
|
RM Infrastructure Income PLC
LSE:RMII
|
$5.58K |
|
Sunworks Inc
NASDAQ:SUNWQ
|
$5.55K |
|
R.E.A. Holdings plc
LSE:RE
|
$5.55K |
|
WI-LAN
BE:WJL
|
$5.54K |
|
Hercules Site Services PLC
LSE:HERC
|
$5.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Environment Scientific Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,898,921,000 to 2,009,624,000, a change of 110,703,000 (5.8%).
- Net income of 270,059,000 contributed positively to equity growth.
- Dividend payments of 179,264,000 reduced retained earnings.
- Other comprehensive income increased equity by 14,126,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$270.06 Million | +13.44% |
| Dividends Paid | NT$179.26 Million | -8.92% |
| Other Comprehensive Income | NT$14.13 Million | +0.7% |
| Other Changes | NT$5.78 Million | +0.29% |
| Total Change | NT$- | 5.83% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Environment 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: 0.81x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.06x to 0.81x 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$9.56 | NT$19.70 | x |
| 2020-12-31 | NT$6.39 | NT$19.70 | x |
| 2021-12-31 | NT$14.01 | NT$19.70 | x |
| 2022-12-31 | NT$18.53 | NT$19.70 | x |
| 2023-12-31 | NT$22.85 | NT$19.70 | x |
| 2024-12-31 | NT$24.18 | NT$19.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Environment Scientific Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.76%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.61x
- Recent ROE (13.44%) is above the historical average (2.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -37.10% | -38.32% | 0.36x | 2.66x | NT$-229.19 Million |
| 2020 | -15.02% | -12.22% | 0.40x | 3.10x | NT$-106.94 Million |
| 2021 | -3.26% | -3.72% | 0.40x | 2.18x | NT$-120.23 Million |
| 2022 | 36.08% | 18.19% | 1.19x | 1.67x | NT$366.29 Million |
| 2023 | 19.10% | 23.49% | 0.55x | 1.49x | NT$172.74 Million |
| 2024 | 13.44% | 17.76% | 0.47x | 1.61x | NT$69.10 Million |
Industry Comparison
This section compares Taiwan Environment Scientific Co., Ltd.'s net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,879,958,200
- Average return on equity (ROE) among peers: 11.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Environment Scientific Co., Ltd. (8476) | NT$1.83 Billion | -37.10% | 1.11x | $5.55K |
| Taiwan Steel Union Co Ltd (6581) | $4.33 Billion | 22.73% | 0.14x | $51.95 Million |
| Ever-Clear Environmental Eng. Corp. (6624) | $298.39 Million | 0.25% | 1.76x | $22.95 Million |
| Ping Ho Environmental Technology Co., Ltd. (6771) | $869.78 Million | 13.60% | 0.55x | $30.63 Million |
| ECOVE Environment Corp (6803) | $5.26 Billion | 16.11% | 0.39x | $305.16 Million |
| Chyunn Environment Corporation (6911) | $373.76 Million | 13.28% | 0.49x | $8.87K |
| Techzone Technology Materials Co., Ltd. (6947) | $384.05 Million | 10.37% | 1.62x | $115.78 Million |
| Chin Hsin Environ Engineering Co., Ltd. (6951) | $194.12 Million | 18.31% | 1.55x | $37.68 Million |
| Enrestec Inc. (7507) | $1.45 Billion | 8.42% | 0.54x | $31.28 Million |
| Revivegen Co., Ltd. (7578) | $366.82 Million | 3.07% | 1.12x | $28.10 Million |
| Sunny Friend Environmental Technology Co Ltd (8341) | $5.27 Billion | 7.76% | 0.97x | $168.01 Million |