Jiyuan Packaging Holdings Ltd (8488) - Net Assets
Based on the latest financial reports, Jiyuan Packaging Holdings Ltd (8488) has net assets worth NT$2.27 Billion TWD (≈ $71.47 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$4.81 Billion ≈ $151.42 Million USD) and total liabilities (NT$2.54 Billion ≈ $79.95 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 Jiyuan Packaging Holdings Ltd (8488) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.27 Billion |
| % of Total Assets | 47.2% |
| Annual Growth Rate | 2.95% |
| 5-Year Change | 0.84% |
| 10-Year Change | -0.77% |
| Growth Volatility | 11.55 |
Jiyuan Packaging Holdings Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Jiyuan Packaging Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiyuan Packaging Holdings Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Jiyuan Packaging Holdings Ltd (2013–2024)
The table below shows the annual net assets of Jiyuan Packaging Holdings Ltd from 2013 to 2024. For live valuation and market cap data, see 8488 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.55 Billion ≈ $80.33 Million |
+7.92% |
| 2023-12-31 | NT$2.36 Billion ≈ $74.43 Million |
-5.23% |
| 2022-12-31 | NT$2.49 Billion ≈ $78.54 Million |
-2.01% |
| 2021-12-31 | NT$2.54 Billion ≈ $80.15 Million |
+0.62% |
| 2020-12-31 | NT$2.53 Billion ≈ $79.66 Million |
+2.38% |
| 2019-12-31 | NT$2.47 Billion ≈ $77.81 Million |
-1.67% |
| 2018-12-31 | NT$2.51 Billion ≈ $79.12 Million |
-11.55% |
| 2017-12-31 | NT$2.84 Billion ≈ $89.46 Million |
-2.69% |
| 2016-12-31 | NT$2.92 Billion ≈ $91.93 Million |
+13.57% |
| 2015-12-31 | NT$2.57 Billion ≈ $80.95 Million |
+3.43% |
| 2014-12-31 | NT$2.48 Billion ≈ $78.26 Million |
+34.14% |
| 2013-12-31 | NT$1.85 Billion ≈ $58.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiyuan Packaging Holdings 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 decreased by 111.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$735.00 Million | 28.83% |
| Other Comprehensive Income | NT$148.01 Million | 5.81% |
| Other Components | NT$1.70 Billion | 66.49% |
| Total Equity | NT$2.55 Billion | 100.00% |
Jiyuan Packaging Holdings Ltd Competitors by Market Cap
The table below lists competitors of Jiyuan Packaging Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i-Components Co. Ltd
KQ:059100
|
$23.86 Million |
|
Hanchang Ind.Co.Ltd
KQ:079170
|
$23.86 Million |
|
Resource Mining Corporation Ltd
AU:RMI
|
$23.86 Million |
|
Caesarstone Ltd
NASDAQ:CSTE
|
$23.86 Million |
|
Gabungan AQRS Bhd
KLSE:5226
|
$23.85 Million |
|
Scandinavian Investment Group A/S
CO:SIG
|
$23.83 Million |
|
Kec Holdings
KO:006200
|
$23.81 Million |
|
Yeong Guan Energy Technology Group Co Ltd
TW:1589
|
$23.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiyuan Packaging Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,362,513,000 to 2,549,598,000, a change of 187,085,000 (7.9%).
- Net loss of 28,596,000 reduced equity.
- New share issuances of 92,224,000 increased equity.
- Other comprehensive income increased equity by 150,541,000.
- Other factors decreased equity by 27,084,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-28.60 Million | -1.12% |
| Share Issuances | NT$92.22 Million | +3.62% |
| Other Comprehensive Income | NT$150.54 Million | +5.9% |
| Other Changes | NT$-27.08 Million | -1.06% |
| Total Change | NT$- | 7.92% |
Book Value vs Market Value Analysis
This analysis compares Jiyuan Packaging Holdings 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: 0.30x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$47.11 | NT$10.30 | x |
| 2014-12-31 | NT$49.10 | NT$10.30 | x |
| 2015-12-31 | NT$42.82 | NT$10.30 | x |
| 2016-12-31 | NT$48.25 | NT$10.30 | x |
| 2017-12-31 | NT$42.07 | NT$10.30 | x |
| 2018-12-31 | NT$37.21 | NT$10.30 | x |
| 2019-12-31 | NT$36.45 | NT$10.30 | x |
| 2020-12-31 | NT$37.32 | NT$10.30 | x |
| 2021-12-31 | NT$37.53 | NT$10.30 | x |
| 2022-12-31 | NT$36.79 | NT$10.30 | x |
| 2023-12-31 | NT$35.00 | NT$10.30 | x |
| 2024-12-31 | NT$34.53 | NT$10.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiyuan Packaging Holdings 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): -1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.86%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.16x
- Recent ROE (-1.12%) is below the historical average (3.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 16.13% | 6.42% | 0.99x | 2.55x | NT$113.52 Million |
| 2014 | 10.64% | 5.56% | 0.96x | 1.99x | NT$15.97 Million |
| 2015 | 8.41% | 6.16% | 0.64x | 2.15x | NT$-40.81 Million |
| 2016 | 9.29% | 7.18% | 0.58x | 2.22x | NT$-20.86 Million |
| 2017 | 3.70% | 2.67% | 0.63x | 2.19x | NT$-178.83 Million |
| 2018 | -8.00% | -5.24% | 0.68x | 2.25x | NT$-452.18 Million |
| 2019 | 3.91% | 2.49% | 0.73x | 2.16x | NT$-150.35 Million |
| 2020 | 2.00% | 1.81% | 0.52x | 2.12x | NT$-202.39 Million |
| 2021 | 1.98% | 1.24% | 0.66x | 2.43x | NT$-204.08 Million |
| 2022 | -2.74% | -1.74% | 0.68x | 2.32x | NT$-317.64 Million |
| 2023 | -5.00% | -3.08% | 0.72x | 2.24x | NT$-354.30 Million |
| 2024 | -1.12% | -0.86% | 0.60x | 2.16x | NT$-283.56 Million |
Industry Comparison
This section compares Jiyuan Packaging Holdings Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $6,687,992,375
- Average return on equity (ROE) among peers: 6.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiyuan Packaging Holdings Ltd (8488) | NT$2.27 Billion | 16.13% | 1.12x | $23.85 Million |
| Yonyu Plastics Co Ltd (1323) | $1.03 Billion | 4.65% | 1.11x | $58.38 Million |
| K Laser Technology Inc (2461) | $3.28 Billion | 6.56% | 1.14x | $90.65 Million |
| Xin Chio Global Co Ltd (3171) | $874.76 Million | 16.30% | 0.76x | $69.13 Million |
| Coxon Precise Industrial Co Ltd (3607) | $6.08 Billion | -5.20% | 0.74x | $55.77 Million |
| Kingcan Holdings Ltd (8411) | $3.24 Billion | 10.72% | 0.69x | $84.29 Million |
| Great China Metal Industry Co Ltd (9905) | $5.39 Billion | 5.27% | 0.21x | $205.16 Million |
| Ton Yi Industrial Corp (9907) | $20.60 Billion | 6.10% | 1.26x | $873.14 Million |
| Taiwan Hon Chuan Enterprise Co Ltd (9939) | $13.00 Billion | 7.30% | 1.24x | $1.04 Billion |
About Jiyuan Packaging Holdings Ltd
Jiyuan Packaging Holdings Limited, together with its subsidiaries, produces and sells tin cans and aluminum cans in Mainland China. It is also involved in production, processing, and sale of various beverages and food; manufacturing of packaging cans, lids, and boxes; and processing and production of paper bowls, bottles, and plastic color-printing. Jiyuan Packaging Holdings Limited was founded i… Read more