Taiwan Sakura Corp (9911) - Net Assets
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
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