Taiwan Sakura Corp (9911) - Net Assets

Latest as of September 2025: NT$6.50 Billion TWD ≈ $204.92 Million USD

Based on the latest financial reports, Taiwan Sakura Corp (9911) has net assets worth NT$6.50 Billion TWD (≈ $204.92 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$10.54 Billion ≈ $332.11 Million USD) and total liabilities (NT$4.04 Billion ≈ $127.20 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 Taiwan Sakura Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$6.50 Billion
% of Total Assets 61.7%
Annual Growth Rate 4.32%
5-Year Change 30.66%
10-Year Change 54.81%
Growth Volatility 4.22

Taiwan Sakura Corp - Net Assets Trend (2002–2024)

This chart illustrates how Taiwan Sakura Corp's net assets have evolved over time, based on quarterly financial data. Also explore 9911 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Taiwan Sakura Corp (2002–2024)

The table below shows the annual net assets of Taiwan Sakura Corp from 2002 to 2024. For live valuation and market cap data, see Taiwan Sakura Corp (9911) market capitalisation.

Year Net Assets Change
2024-12-31 NT$6.58 Billion
≈ $207.42 Million
+9.04%
2023-12-31 NT$6.04 Billion
≈ $190.23 Million
+5.51%
2022-12-31 NT$5.72 Billion
≈ $180.29 Million
+5.15%
2021-12-31 NT$5.44 Billion
≈ $171.46 Million
+8.00%
2020-12-31 NT$5.04 Billion
≈ $158.75 Million
+7.47%
2019-12-31 NT$4.69 Billion
≈ $147.72 Million
+7.23%
2018-12-31 NT$4.37 Billion
≈ $137.75 Million
+5.17%
2017-12-31 NT$4.16 Billion
≈ $130.98 Million
+4.68%
2016-12-31 NT$3.97 Billion
≈ $125.13 Million
-6.61%
2015-12-31 NT$4.25 Billion
≈ $133.98 Million
+2.11%
2014-12-31 NT$4.16 Billion
≈ $131.22 Million
+6.55%
2013-12-31 NT$3.91 Billion
≈ $123.15 Million
+8.69%
2012-12-31 NT$3.60 Billion
≈ $113.30 Million
+0.61%
2011-12-31 NT$3.57 Billion
≈ $112.62 Million
+3.30%
2010-12-31 NT$3.46 Billion
≈ $109.02 Million
+7.87%
2009-12-31 NT$3.21 Billion
≈ $101.07 Million
+4.69%
2008-12-31 NT$3.06 Billion
≈ $96.54 Million
+8.02%
2007-12-31 NT$2.84 Billion
≈ $89.37 Million
+9.93%
2006-12-31 NT$2.58 Billion
≈ $81.30 Million
-4.08%
2005-12-31 NT$2.69 Billion
≈ $84.75 Million
+1.26%
2004-12-31 NT$2.66 Billion
≈ $83.69 Million
+3.88%
2003-12-31 NT$2.56 Billion
≈ $80.57 Million
-1.52%
2002-12-31 NT$2.60 Billion
≈ $81.81 Million
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Equity Component Analysis

This analysis shows how different components contribute to Taiwan Sakura 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 293006900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$2.93 Billion 44.80%
Common Stock NT$2.21 Billion 33.81%
Other Comprehensive Income NT$1.28 Billion 19.55%
Other Components NT$119.91 Million 1.83%
Total Equity NT$6.54 Billion 100.00%

Taiwan Sakura Corp Competitors by Market Cap

The table below lists competitors of Taiwan Sakura Corp ranked by their market capitalization.

Company Market Cap
Zhejiang Jiaxin Silk Corp Ltd
SHE:002404
$576.95 Million
Polyrocks Chemical Co Ltd
SHG:688669
$577.03 Million
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
$577.41 Million
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS
IS:BRISA
$577.46 Million
Sanlux Co Ltd
SHE:002224
$576.87 Million
Peet Ltd
AU:PPC
$576.38 Million
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
$576.21 Million
Beijing Beetech Inc
SHE:300667
$576.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taiwan Sakura Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,985,672,000 to 6,539,954,000, a change of 554,282,000 (9.3%).
  • Net income of 1,300,674,000 contributed positively to equity growth.
  • Dividend payments of 848,976,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,255,323,999.
  • Other factors decreased equity by 1,152,739,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$1.30 Billion +19.89%
Dividends Paid NT$848.98 Million -12.98%
Other Comprehensive Income NT$1.26 Billion +19.19%
Other Changes NT$-1.15 Billion -17.63%
Total Change NT$- 9.26%

Book Value vs Market Value Analysis

This analysis compares Taiwan Sakura 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: 2.79x
  • 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 6.73x to 2.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 NT$12.36 NT$83.20 x
2007-12-31 NT$13.50 NT$83.20 x
2008-12-31 NT$14.28 NT$83.20 x
2009-12-31 NT$14.66 NT$83.20 x
2010-12-31 NT$15.77 NT$83.20 x
2011-12-31 NT$16.28 NT$83.20 x
2012-12-31 NT$16.39 NT$83.20 x
2013-12-31 NT$17.80 NT$83.20 x
2014-12-31 NT$18.96 NT$83.20 x
2015-12-31 NT$15.49 NT$83.20 x
2016-12-31 NT$15.55 NT$83.20 x
2017-12-31 NT$18.94 NT$83.20 x
2018-12-31 NT$19.90 NT$83.20 x
2019-12-31 NT$21.36 NT$83.20 x
2020-12-31 NT$22.96 NT$83.20 x
2021-12-31 NT$24.53 NT$83.20 x
2022-12-31 NT$25.80 NT$83.20 x
2023-12-31 NT$27.25 NT$83.20 x
2024-12-31 NT$29.79 NT$83.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taiwan Sakura 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): 19.89%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.55%
  • • Asset Turnover: 0.90x
  • • Equity Multiplier: 1.63x
  • Recent ROE (19.89%) is above the historical average (12.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 8.09% 3.65% 0.99x 2.24x NT$-48.86 Million
2005 3.34% 1.65% 1.10x 1.83x NT$-173.96 Million
2006 -3.96% -3.08% 0.71x 1.83x NT$-348.76 Million
2007 7.59% 5.69% 0.75x 1.77x NT$-66.08 Million
2008 3.55% 2.67% 0.79x 1.69x NT$-190.84 Million
2009 8.59% 7.41% 0.70x 1.65x NT$-45.17 Million
2010 11.80% 11.71% 0.67x 1.51x NT$62.12 Million
2011 8.91% 8.44% 0.71x 1.48x NT$-38.94 Million
2012 7.66% 6.77% 0.76x 1.48x NT$-83.99 Million
2013 12.22% 10.65% 0.77x 1.50x NT$86.86 Million
2014 12.94% 11.11% 0.80x 1.46x NT$122.42 Million
2015 12.15% 10.04% 0.83x 1.45x NT$91.59 Million
2016 17.65% 12.52% 0.98x 1.44x NT$303.85 Million
2017 17.32% 12.76% 0.93x 1.45x NT$304.46 Million
2018 18.29% 13.36% 0.94x 1.45x NT$362.42 Million
2019 18.96% 14.11% 0.92x 1.46x NT$419.86 Million
2020 17.71% 13.47% 0.88x 1.49x NT$388.68 Million
2021 18.78% 13.35% 0.91x 1.54x NT$472.33 Million
2022 17.98% 12.41% 0.95x 1.53x NT$452.22 Million
2023 17.91% 12.96% 0.87x 1.59x NT$473.64 Million
2024 19.89% 13.55% 0.90x 1.63x NT$646.68 Million

Industry Comparison

This section compares Taiwan Sakura Corp's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $5,125,250,200
  • Average return on equity (ROE) among peers: 8.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taiwan Sakura Corp (9911) NT$6.50 Billion 8.09% 0.62x $576.88 Million
Zeng Hsing Industrial Co Ltd (1558) $9.08 Billion 4.99% 0.45x $187.46 Million
Sampo Corp (1604) $7.71 Billion 48.31% 0.80x $262.45 Million
China Electric Manufacturing Corp (1611) $4.21 Billion 1.84% 0.28x $121.51 Million
Taiwan Sanyo Electric Co Ltd (1614) $5.23 Billion 6.03% 0.27x $259.82 Million
Airmate Cayman International Co Ltd (1626) $3.21 Billion 14.72% 1.74x $53.57 Million
Hocheng Corp (1810) $6.88 Billion 0.00% 1.01x $165.48 Million
King Slide Works Co Ltd (2059) $8.66 Billion 18.15% 0.15x $11.74 Billion
Fortune Oriental Co Ltd (2491) $672.94 Million -3.87% 2.20x $39.27 Million
Ado Optronics (3516) $1.64 Billion 1.19% 0.65x $38.28 Million
Mosa Industrial Corp (4564) $3.96 Billion -8.92% 0.81x $133.48 Million

About Taiwan Sakura Corp

TW:9911 Taiwan Furnishings, Fixtures & Appliances
Market Cap
$576.88 Million
NT$18.31 Billion TWD
Market Cap Rank
#11807 Global
#401 in Taiwan
Share Price
NT$83.20
Change (1 day)
+1.22%
52-Week Range
NT$81.80 - NT$92.30
All Time High
NT$97.30
About

Taiwan Sakura Corporation, together with its subsidiaries, manufactures and sells kitchen appliances in Taiwan, China, Hong Kong, Vietnam, and internationally. It operates through Gas Appliances, Kitchenware, and Other divisions. The company offers gas cookers, water heaters, furniture, building materials, sports equipment, electric hand tools, sanitary equipment, and whole bathroom products. It … Read more