Transart Graphics Co Ltd (8481) - Net Assets

Latest as of September 2025: NT$1.64 Billion TWD ≈ $51.52 Million USD

Based on the latest financial reports, Transart Graphics Co Ltd (8481) has net assets worth NT$1.64 Billion TWD (≈ $51.52 Million USD) 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 ≈ $57.63 Million USD) and total liabilities (NT$193.97 Million ≈ $6.11 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 financial resilience of Transart Graphics Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore Transart Graphics Co Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 8481 company net worth.

Year	Net Assets	Change
2024-12-31	NT$1.69 Billion ≈ $53.40 Million	+6.84%
2023-12-31	NT$1.59 Billion ≈ $49.98 Million	-7.73%
2022-12-31	NT$1.72 Billion ≈ $54.17 Million	-4.22%
2021-12-31	NT$1.80 Billion ≈ $56.56 Million	-5.32%
2020-12-31	NT$1.90 Billion ≈ $59.74 Million	+48.67%
2019-12-31	NT$1.28 Billion ≈ $40.18 Million	-0.34%
2018-12-31	NT$1.28 Billion ≈ $40.32 Million	+1.17%
2017-12-31	NT$1.26 Billion ≈ $39.85 Million	+28.37%
2016-12-31	NT$985.36 Million ≈ $31.04 Million	-9.03%
2015-12-31	NT$1.08 Billion ≈ $34.13 Million	+1.69%
2014-12-31	NT$1.07 Billion ≈ $33.56 Million	+6.11%
2013-12-31	NT$1.00 Billion ≈ $31.63 Million	+37.11%
2012-12-31	NT$732.13 Million ≈ $23.07 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
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag F:0AP	$85.84 Million
Cintac SN:CINTAC	$85.85 Million
Bumech S.A. WAR:BMC	$85.87 Million
DMS Propertindo Tbk PT JK:KOTA	$85.90 Million
Opal Balance TA:OPAL	$85.79 Million
Wanshih Electronic Co Ltd TWO:6134	$85.78 Million
Nuveen California Select Tax Free Income Closed Fund NYSE:NXC	$85.77 Million
Medipower -M TA:MDPR	$85.71 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: 1.61x
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 2.32x to 1.61x 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$40.90	x
2013-12-31	NT$16.87	NT$40.90	x
2014-12-31	NT$17.46	NT$40.90	x
2015-12-31	NT$17.75	NT$40.90	x
2016-12-31	NT$16.16	NT$40.90	x
2017-12-31	NT$19.22	NT$40.90	x
2018-12-31	NT$19.20	NT$40.90	x
2019-12-31	NT$19.14	NT$40.90	x
2020-12-31	NT$28.43	NT$40.90	x
2021-12-31	NT$26.93	NT$40.90	x
2022-12-31	NT$25.79	NT$40.90	x
2023-12-31	NT$23.81	NT$40.90	x
2024-12-31	NT$25.43	NT$40.90	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: $2,167,976,333
Average return on equity (ROE) among peers: 6.49%

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	$85.82 Million
Farglory FTZ Investment Holding Co Ltd (5607)	$4.38 Billion	6.14%	0.58x	$605.90 Million
Sporton International (6146)	$3.73 Billion	18.77%	0.27x	$698.04 Million
Trade-Van Information Services Co (6183)	$2.22 Billion	5.11%	0.12x	$438.08 Million
Bai Sha Technology Co Ltd (8401)	$1.00 Billion	10.87%	0.39x	$53.88 Million
Forward Graphic Enterprise Co Ltd (8906)	$470.77 Million	-1.98%	3.46x	$33.87 Million
Choice Development Inc (9929)	$1.20 Billion	0.00%	2.93x	$39.73 Million

About Transart Graphics Co Ltd

TW:8481 Taiwan Specialty Business Services

Market Cap

$85.82 Million

NT$2.72 Billion TWD

Market Cap Rank

#19816 Global

#1146 in Taiwan

Share Price

NT$40.90

Change (1 day)

-0.73%

52-Week Range

NT$40.10 - NT$50.20

All Time High

NT$67.91