Transart Graphics Co Ltd
Transart Graphics Co., Ltd., together with its subsidiaries, manufacture, process, sell, and import and export various labeled products for bicycles, bicycle parts, sports equipment, and other industries in Taiwan and internationally. The company offers water transfer decals, self-adhesive stickers, heat transfer decals, light pattern transfer, frost reflective decal, hologram irised decal, titan… Read more
Transart Graphics Co Ltd (8481) - Net Assets
Latest net assets as of September 2025: NT$1.64 Billion TWD
Based on the latest financial reports, Transart Graphics Co Ltd (8481) has net assets worth NT$1.64 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$1.83 Billion) and total liabilities (NT$193.97 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$1.64 Billion |
| % of Total Assets | 89.4% |
| Annual Growth Rate | 7.25% |
| 5-Year Change | -10.61% |
| 10-Year Change | 56.47% |
| Growth Volatility | 18.11 |
Transart Graphics Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Transart Graphics 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 Transart Graphics Co Ltd (2012–2024)
The table below shows the annual net assets of Transart Graphics Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.69 Billion | +6.84% |
| 2023-12-31 | NT$1.59 Billion | -7.73% |
| 2022-12-31 | NT$1.72 Billion | -4.22% |
| 2021-12-31 | NT$1.80 Billion | -5.32% |
| 2020-12-31 | NT$1.90 Billion | +48.67% |
| 2019-12-31 | NT$1.28 Billion | -0.34% |
| 2018-12-31 | NT$1.28 Billion | +1.17% |
| 2017-12-31 | NT$1.26 Billion | +28.37% |
| 2016-12-31 | NT$985.36 Million | -9.03% |
| 2015-12-31 | NT$1.08 Billion | +1.69% |
| 2014-12-31 | NT$1.07 Billion | +6.11% |
| 2013-12-31 | NT$1.00 Billion | +37.11% |
| 2012-12-31 | NT$732.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transart Graphics 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 177.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$897.09 Million | 52.93% |
| Common Stock | NT$666.02 Million | 39.29% |
| Other Comprehensive Income | NT$-15.07 Million | -0.89% |
| Other Components | NT$146.90 Million | 8.67% |
| Total Equity | NT$1.69 Billion | 100.00% |
Transart Graphics Co Ltd Competitors by Market Cap
The table below lists competitors of Transart Graphics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GiantStep Co. Ltd.
KQ:289220
|
$33.02 Million |
|
Sypris Solutions Inc
NASDAQ:SYPR
|
$33.03 Million |
|
Nobility Homes
OTCQX:NOBH
|
$33.03 Million |
|
Escar Turizm Tasimacilik Ticaret AS
IS:ESCAR
|
$33.04 Million |
|
Orion Energy Systems Inc
NASDAQ:OESX
|
$33.02 Million |
|
Verde Agritech PLC
TO:NPK
|
$33.00 Million |
|
Hyweb Technology Co Ltd
TWO:5212
|
$33.00 Million |
|
Lan Fa Textile Co Ltd
TW:1459
|
$32.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transart Graphics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,586,488,000 to 1,694,942,000, a change of 108,454,000 (6.8%).
- Net income of 200,675,000 contributed positively to equity growth.
- Dividend payments of 133,204,000 reduced retained earnings.
- Other comprehensive income decreased equity by 425,261,000.
- Other factors increased equity by 466,244,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$200.68 Million | +11.84% |
| Dividends Paid | NT$133.20 Million | -7.86% |
| Other Comprehensive Income | NT$-425.26 Million | -25.09% |
| Other Changes | NT$466.24 Million | +27.51% |
| Total Change | NT$- | 6.84% |
Book Value vs Market Value Analysis
This analysis compares Transart Graphics 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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.38x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$17.65 | NT$42.00 | x |
| 2013-12-31 | NT$16.87 | NT$42.00 | x |
| 2014-12-31 | NT$17.46 | NT$42.00 | x |
| 2015-12-31 | NT$17.75 | NT$42.00 | x |
| 2016-12-31 | NT$16.16 | NT$42.00 | x |
| 2017-12-31 | NT$19.22 | NT$42.00 | x |
| 2018-12-31 | NT$19.20 | NT$42.00 | x |
| 2019-12-31 | NT$19.14 | NT$42.00 | x |
| 2020-12-31 | NT$28.43 | NT$42.00 | x |
| 2021-12-31 | NT$26.93 | NT$42.00 | x |
| 2022-12-31 | NT$25.79 | NT$42.00 | x |
| 2023-12-31 | NT$23.81 | NT$42.00 | x |
| 2024-12-31 | NT$25.43 | NT$42.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transart Graphics 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): 11.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.85%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.13x
- Recent ROE (11.84%) is below the historical average (21.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 30.44% | 18.03% | 1.20x | 1.41x | NT$149.66 Million |
| 2013 | 30.15% | 23.92% | 0.97x | 1.30x | NT$202.24 Million |
| 2014 | 23.58% | 19.91% | 0.92x | 1.29x | NT$144.68 Million |
| 2015 | 23.05% | 19.68% | 0.93x | 1.26x | NT$141.39 Million |
| 2016 | 17.83% | 16.20% | 0.88x | 1.25x | NT$77.13 Million |
| 2017 | 17.57% | 19.34% | 0.75x | 1.21x | NT$95.79 Million |
| 2018 | 17.46% | 19.62% | 0.74x | 1.21x | NT$95.42 Million |
| 2019 | 17.87% | 18.46% | 0.74x | 1.31x | NT$100.37 Million |
| 2020 | 43.93% | 60.53% | 0.55x | 1.32x | NT$643.27 Million |
| 2021 | 22.64% | 25.97% | 0.69x | 1.25x | NT$226.93 Million |
| 2022 | 17.16% | 20.23% | 0.71x | 1.19x | NT$123.03 Million |
| 2023 | 7.87% | 12.57% | 0.55x | 1.13x | NT$-33.76 Million |
| 2024 | 11.84% | 17.85% | 0.59x | 1.13x | NT$31.18 Million |
Industry Comparison
This section compares Transart Graphics Co Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $2,159,796,500
- Average return on equity (ROE) among peers: 12.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transart Graphics Co Ltd (8481) | NT$1.64 Billion | 30.44% | 0.12x | $33.02 Million |
| Farglory FTZ Investment Holding Co Ltd (5607) | $3.06 Billion | 0.32% | 1.09x | $231.53 Million |
| Sporton International (6146) | $4.07 Billion | 18.22% | 0.31x | $421.54 Million |
| Trade-Van Information Services Co (6183) | $1.87 Billion | 9.08% | 0.20x | $149.27 Million |
| ChainSea Information Integration Co.,Ltd. (6898) | $400.56 Million | 33.53% | 0.61x | $52.19 Million |
| Dong Fang Offshore Co., Ltd. (7786) | $5.17 Billion | 23.75% | 0.53x | $274.56 Million |
| Bai Sha Technology Co Ltd (8401) | $1.13 Billion | 15.15% | 0.37x | $36.67 Million |
| Forward Graphic Enterprise Co Ltd (8906) | $363.96 Million | 0.68% | 1.98x | $25.75 Million |
| Choice Development Inc (9929) | $1.20 Billion | 0.00% | 2.93x | $10.77 Million |