Ton Yi Industrial Corp
Ton Yi Industrial Corp. engages in the manufacturing and sale of tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally. It provides tin mill black plates and cold rolled steel of thin gauge for use in the electric and electronic parts, appliances, steel furniture, containers, structural materials, etc.; tinplates and TFS products which are used in food packing ma… Read more
Ton Yi Industrial Corp (9907) - Net Assets
Latest net assets as of September 2025: NT$20.94 Billion TWD
Based on the latest financial reports, Ton Yi Industrial Corp (9907) has net assets worth NT$20.94 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$34.21 Billion) and total liabilities (NT$13.27 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$20.94 Billion |
| % of Total Assets | 61.21% |
| Annual Growth Rate | 0.84% |
| 5-Year Change | 8.43% |
| 10-Year Change | 9.68% |
| Growth Volatility | 4.93 |
Ton Yi Industrial Corp - Net Assets Trend (2000–2024)
This chart illustrates how Ton Yi Industrial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ton Yi Industrial Corp (2000–2024)
The table below shows the annual net assets of Ton Yi Industrial Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$21.71 Billion | +8.93% |
| 2023-12-31 | NT$19.93 Billion | -10.03% |
| 2022-12-31 | NT$22.15 Billion | +5.76% |
| 2021-12-31 | NT$20.95 Billion | +4.61% |
| 2020-12-31 | NT$20.02 Billion | +5.38% |
| 2019-12-31 | NT$19.00 Billion | -4.66% |
| 2018-12-31 | NT$19.93 Billion | +2.75% |
| 2017-12-31 | NT$19.40 Billion | +1.23% |
| 2016-12-31 | NT$19.16 Billion | -3.20% |
| 2015-12-31 | NT$19.80 Billion | -3.95% |
| 2014-12-31 | NT$20.61 Billion | +0.05% |
| 2013-12-31 | NT$20.60 Billion | +9.41% |
| 2012-12-31 | NT$18.83 Billion | -7.21% |
| 2011-12-31 | NT$20.29 Billion | +2.93% |
| 2010-12-31 | NT$19.71 Billion | +4.57% |
| 2009-12-31 | NT$18.85 Billion | +0.65% |
| 2008-12-31 | NT$18.73 Billion | +1.49% |
| 2007-12-31 | NT$18.45 Billion | +5.19% |
| 2006-12-31 | NT$17.54 Billion | +1.76% |
| 2005-12-31 | NT$17.24 Billion | -4.15% |
| 2004-12-31 | NT$17.99 Billion | +5.13% |
| 2003-12-31 | NT$17.11 Billion | +3.43% |
| 2002-12-31 | NT$16.54 Billion | -2.64% |
| 2001-12-31 | NT$16.99 Billion | -4.44% |
| 2000-12-31 | NT$17.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ton Yi Industrial Corp'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 313.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.68 Billion | 8.11% |
| Common Stock | NT$15.79 Billion | 76.06% |
| Other Comprehensive Income | NT$3.06 Billion | 14.74% |
| Other Components | NT$228.18 Million | 1.10% |
| Total Equity | NT$20.76 Billion | 100.00% |
Ton Yi Industrial Corp Competitors by Market Cap
The table below lists competitors of Ton Yi Industrial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Archean Chemical Industries Limited
NSE:ACI
|
$374.06 Million |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
$374.06 Million |
|
Uwc Bhd
KLSE:5292
|
$374.15 Million |
|
Suzhou Etron Technologies Co Ltd
SHG:603380
|
$374.23 Million |
|
Dayamitra Telekomunikasi PT
JK:MTEL
|
$373.89 Million |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
$373.68 Million |
|
Jiangsu Aoyang Technology Ltd
SHE:002172
|
$373.55 Million |
|
Century Wind Power Co. Ltd.
TWO:2072
|
$373.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ton Yi Industrial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,947,564,000 to 20,762,220,000, a change of 1,814,656,000 (9.6%).
- Net income of 1,532,756,000 contributed positively to equity growth.
- Dividend payments of 473,743,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,233,781,000.
- Other factors decreased equity by 478,138,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.53 Billion | +7.38% |
| Dividends Paid | NT$473.74 Million | -2.28% |
| Other Comprehensive Income | NT$1.23 Billion | +5.94% |
| Other Changes | NT$-478.14 Million | -2.3% |
| Total Change | NT$- | 9.58% |
Book Value vs Market Value Analysis
This analysis compares Ton Yi Industrial Corp'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: 1.39x
- 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 1.69x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$10.76 | NT$18.20 | x |
| 2005-12-31 | NT$10.42 | NT$18.20 | x |
| 2006-12-31 | NT$10.57 | NT$18.20 | x |
| 2007-12-31 | NT$11.28 | NT$18.20 | x |
| 2008-12-31 | NT$11.34 | NT$18.20 | x |
| 2009-12-31 | NT$11.39 | NT$18.20 | x |
| 2010-12-31 | NT$12.49 | NT$18.20 | x |
| 2011-12-31 | NT$12.11 | NT$18.20 | x |
| 2012-12-31 | NT$11.25 | NT$18.20 | x |
| 2013-12-31 | NT$12.30 | NT$18.20 | x |
| 2014-12-31 | NT$12.29 | NT$18.20 | x |
| 2015-12-31 | NT$11.85 | NT$18.20 | x |
| 2016-12-31 | NT$11.48 | NT$18.20 | x |
| 2017-12-31 | NT$11.65 | NT$18.20 | x |
| 2018-12-31 | NT$11.68 | NT$18.20 | x |
| 2019-12-31 | NT$11.21 | NT$18.20 | x |
| 2020-12-31 | NT$11.86 | NT$18.20 | x |
| 2021-12-31 | NT$12.45 | NT$18.20 | x |
| 2022-12-31 | NT$13.25 | NT$18.20 | x |
| 2023-12-31 | NT$11.97 | NT$18.20 | x |
| 2024-12-31 | NT$13.10 | NT$18.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ton Yi Industrial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.42%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.68x
- Recent ROE (7.38%) is above the historical average (5.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.99% | 1.01% | 0.39x | 2.52x | NT$-1.49 Billion |
| 2003 | 3.37% | 3.00% | 0.47x | 2.41x | NT$-1.13 Billion |
| 2004 | 4.83% | 3.90% | 0.56x | 2.21x | NT$-900.39 Million |
| 2005 | 0.43% | 0.41% | 0.45x | 2.36x | NT$-1.61 Billion |
| 2006 | 5.79% | 4.45% | 0.58x | 2.23x | NT$-720.05 Million |
| 2007 | 7.73% | 5.29% | 0.66x | 2.22x | NT$-405.28 Million |
| 2008 | 6.09% | 4.12% | 0.66x | 2.23x | NT$-702.50 Million |
| 2009 | 6.18% | 4.87% | 0.63x | 2.01x | NT$-690.38 Million |
| 2010 | 11.42% | 8.15% | 0.72x | 1.96x | NT$269.12 Million |
| 2011 | 5.12% | 3.72% | 0.69x | 1.99x | NT$-936.72 Million |
| 2012 | 1.46% | 0.93% | 0.72x | 2.20x | NT$-1.52 Billion |
| 2013 | 6.46% | 3.78% | 0.71x | 2.39x | NT$-688.74 Million |
| 2014 | 3.99% | 2.13% | 0.72x | 2.59x | NT$-1.17 Billion |
| 2015 | 3.15% | 1.63% | 0.82x | 2.36x | NT$-1.28 Billion |
| 2016 | 5.88% | 3.26% | 0.82x | 2.20x | NT$-748.88 Million |
| 2017 | 3.26% | 1.84% | 0.87x | 2.03x | NT$-1.24 Billion |
| 2018 | 8.02% | 4.23% | 0.94x | 2.01x | NT$-366.64 Million |
| 2019 | 3.02% | 1.65% | 0.92x | 1.99x | NT$-1.24 Billion |
| 2020 | 4.90% | 3.08% | 0.87x | 1.83x | NT$-957.07 Million |
| 2021 | 9.37% | 4.42% | 1.11x | 1.92x | NT$-124.13 Million |
| 2022 | 10.67% | 5.17% | 1.25x | 1.66x | NT$141.16 Million |
| 2023 | 3.60% | 1.93% | 1.08x | 1.72x | NT$-1.21 Billion |
| 2024 | 7.38% | 3.42% | 1.28x | 1.68x | NT$-543.47 Million |
Industry Comparison
This section compares Ton Yi Industrial Corp's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,561,924,556
- Average return on equity (ROE) among peers: 1.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ton Yi Industrial Corp (9907) | NT$20.94 Billion | 0.99% | 0.63x | $373.90 Million |
| Yonyu Plastics Co Ltd (1323) | $1.51 Billion | 12.34% | 1.17x | $32.40 Million |
| K Laser Technology Inc (2461) | $1.13 Billion | 0.00% | 2.04x | $64.46 Million |
| Xin Chio Global Co Ltd (3171) | $531.55 Million | 10.85% | 1.47x | $19.67 Million |
| Coxon Precise Industrial Co Ltd (3607) | $2.74 Billion | -15.51% | 0.67x | $45.04 Million |
| SunVic Technology Co., Ltd. (4304) | $210.03 Million | -26.84% | 1.60x | $9.04K |
| Kingcan Holdings Ltd (8411) | $5.71 Billion | 7.89% | 0.74x | $27.39 Million |
| Jiyuan Packaging Holdings Ltd (8488) | $2.54 Billion | 1.98% | 1.43x | $5.67 Million |
| Great China Metal Industry Co Ltd (9905) | $7.14 Billion | 9.67% | 0.33x | $90.94 Million |
| Taiwan Hon Chuan Enterprise Co Ltd (9939) | $1.55 Billion | 12.07% | 0.59x | $1.00 Billion |