Ton Yi Industrial Corp (9907) - Net Assets
Based on the latest financial reports, Ton Yi Industrial Corp (9907) has net assets worth NT$23.14 Billion TWD (≈ $729.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$34.36 Billion ≈ $1.08 Billion USD) and total liabilities (NT$11.22 Billion ≈ $353.56 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 Ton Yi Industrial Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$23.14 Billion |
| % of Total Assets | 67.34% |
| Annual Growth Rate | 0.91% |
| 5-Year Change | 6.41% |
| 10-Year Change | 16.32% |
| Growth Volatility | 4.84 |
Ton Yi Industrial Corp - Net Assets Trend (2000–2025)
This chart illustrates how Ton Yi Industrial Corp's net assets have evolved over time, based on quarterly financial data. See 9907 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ton Yi Industrial Corp (2000–2025)
The table below shows the annual net assets of Ton Yi Industrial Corp from 2000 to 2025. For live valuation and market cap data, see Ton Yi Industrial Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$22.29 Billion ≈ $702.24 Million |
+2.66% |
| 2024-12-31 | NT$21.71 Billion ≈ $684.03 Million |
+8.93% |
| 2023-12-31 | NT$19.93 Billion ≈ $627.97 Million |
-10.03% |
| 2022-12-31 | NT$22.15 Billion ≈ $697.96 Million |
+5.76% |
| 2021-12-31 | NT$20.95 Billion ≈ $659.94 Million |
+4.61% |
| 2020-12-31 | NT$20.02 Billion ≈ $630.88 Million |
+5.38% |
| 2019-12-31 | NT$19.00 Billion ≈ $598.67 Million |
-4.66% |
| 2018-12-31 | NT$19.93 Billion ≈ $627.93 Million |
+2.75% |
| 2017-12-31 | NT$19.40 Billion ≈ $611.13 Million |
+1.23% |
| 2016-12-31 | NT$19.16 Billion ≈ $603.72 Million |
-3.20% |
| 2015-12-31 | NT$19.80 Billion ≈ $623.68 Million |
-3.95% |
| 2014-12-31 | NT$20.61 Billion ≈ $649.30 Million |
+0.05% |
| 2013-12-31 | NT$20.60 Billion ≈ $648.94 Million |
+9.41% |
| 2012-12-31 | NT$18.83 Billion ≈ $593.13 Million |
-7.21% |
| 2011-12-31 | NT$20.29 Billion ≈ $639.23 Million |
+2.93% |
| 2010-12-31 | NT$19.71 Billion ≈ $621.06 Million |
+4.57% |
| 2009-12-31 | NT$18.85 Billion ≈ $593.90 Million |
+0.65% |
| 2008-12-31 | NT$18.73 Billion ≈ $590.10 Million |
+1.49% |
| 2007-12-31 | NT$18.45 Billion ≈ $581.43 Million |
+5.19% |
| 2006-12-31 | NT$17.54 Billion ≈ $552.74 Million |
+1.76% |
| 2005-12-31 | NT$17.24 Billion ≈ $543.17 Million |
-4.15% |
| 2004-12-31 | NT$17.99 Billion ≈ $566.69 Million |
+5.13% |
| 2003-12-31 | NT$17.11 Billion ≈ $539.03 Million |
+3.43% |
| 2002-12-31 | NT$16.54 Billion ≈ $521.17 Million |
-2.64% |
| 2001-12-31 | NT$16.99 Billion ≈ $535.29 Million |
-4.44% |
| 2000-12-31 | NT$17.78 Billion ≈ $560.15 Million |
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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 595.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.84 Billion | 13.25% |
| Common Stock | NT$15.79 Billion | 73.78% |
| Other Comprehensive Income | NT$2.55 Billion | 11.90% |
| Other Components | NT$228.18 Million | 1.07% |
| Total Equity | NT$21.40 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 |
|---|---|
|
Grupo Supervielle SA
NYSE:SUPV
|
$828.40 Million |
|
Heritage Commerce Corp
NASDAQ:HTBK
|
$828.43 Million |
|
Koppers Holdings Inc
NYSE:KOP
|
$828.51 Million |
|
J.S. Corrugating Machinery Co Ltd
SHE:000821
|
$828.52 Million |
|
Hubei Huaqiang High-Tech Co. Ltd. A
SHG:688151
|
$828.26 Million |
|
Oric Pharmaceuticals Inc
NASDAQ:ORIC
|
$828.14 Million |
|
Abacus Life Inc.
NASDAQ:ABL
|
$827.97 Million |
|
Jilin Forest
SHG:600189
|
$827.83 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 2024 to 2025, total equity changed from 20,762,220,000 to 21,402,403,000, a change of 640,183,000 (3.1%).
- Net income of 2,152,307,000 contributed positively to equity growth.
- Dividend payments of 1,531,805,000 reduced retained earnings.
- Other comprehensive income decreased equity by 512,559,000.
- Other factors increased equity by 532,240,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.15 Billion | +10.06% |
| Dividends Paid | NT$1.53 Billion | -7.16% |
| Other Comprehensive Income | NT$-512.56 Million | -2.39% |
| Other Changes | NT$532.24 Million | +2.49% |
| Total Change | NT$- | 3.08% |
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: 1.20x
- 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 1.55x to 1.20x 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$16.65 | x |
| 2005-12-31 | NT$10.42 | NT$16.65 | x |
| 2006-12-31 | NT$10.57 | NT$16.65 | x |
| 2007-12-31 | NT$11.28 | NT$16.65 | x |
| 2008-12-31 | NT$11.34 | NT$16.65 | x |
| 2009-12-31 | NT$11.39 | NT$16.65 | x |
| 2010-12-31 | NT$12.49 | NT$16.65 | x |
| 2011-12-31 | NT$12.11 | NT$16.65 | x |
| 2012-12-31 | NT$11.25 | NT$16.65 | x |
| 2013-12-31 | NT$12.30 | NT$16.65 | x |
| 2014-12-31 | NT$12.29 | NT$16.65 | x |
| 2015-12-31 | NT$11.85 | NT$16.65 | x |
| 2016-12-31 | NT$11.48 | NT$16.65 | x |
| 2017-12-31 | NT$11.65 | NT$16.65 | x |
| 2018-12-31 | NT$11.68 | NT$16.65 | x |
| 2019-12-31 | NT$11.21 | NT$16.65 | x |
| 2020-12-31 | NT$11.86 | NT$16.65 | x |
| 2021-12-31 | NT$12.45 | NT$16.65 | x |
| 2022-12-31 | NT$13.25 | NT$16.65 | x |
| 2023-12-31 | NT$11.97 | NT$16.65 | x |
| 2024-12-31 | NT$13.10 | NT$16.65 | x |
| 2025-12-31 | NT$13.85 | NT$16.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ton Yi Industrial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.72%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.61x
- Recent ROE (10.06%) is above the historical average (5.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.99% | 1.01% | 0.39x | 2.52x | NT$-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 |
| 2025 | 10.06% | 4.72% | 1.32x | 1.61x | NT$12.07 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: $3,623,373,250
- Average return on equity (ROE) among peers: 7.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ton Yi Industrial Corp (9907) | NT$23.14 Billion | 0.99% | 0.48x | $828.37 Million |
| Yonyu Plastics Co Ltd (1323) | $2.58 Billion | 11.26% | 1.12x | $56.51 Million |
| K Laser Technology Inc (2461) | $3.54 Billion | 2.56% | 0.74x | $100.33 Million |
| Xin Chio Global Co Ltd (3171) | $711.27 Million | 5.45% | 1.18x | $68.49 Million |
| Coxon Precise Industrial Co Ltd (3607) | $5.28 Billion | -7.50% | 0.78x | $63.82 Million |
| Kingcan Holdings Ltd (8411) | $2.31 Billion | 24.09% | 0.64x | $82.92 Million |
| Jiyuan Packaging Holdings Ltd (8488) | $2.54 Billion | 1.98% | 1.43x | $24.31 Million |
| Great China Metal Industry Co Ltd (9905) | $4.70 Billion | 8.90% | 0.16x | $201.79 Million |
| Taiwan Hon Chuan Enterprise Co Ltd (9939) | $7.32 Billion | 10.27% | 0.83x | $1.24 Billion |
About Ton Yi Industrial Corp
Ton Yi Industrial Corp. manufactures and sells tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally. The company 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 materials, … Read more