CTCI Corp Net Assets
CTCI Corp net assets. Based on the latest financial reports, CTCI Corp (9933) has net assets worth NT$25.89 Billion TWD (≈ $815.58 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$140.06 Billion ≈ $4.41 Billion USD) and total liabilities (NT$114.18 Billion ≈ $3.60 Billion 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. Also explore CTCI Corp (9933) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$25.89 Billion |
| % of Total Assets | 18.48% |
| Annual Growth Rate | 5.46% |
| 5-Year Change | 24.47% |
| 10-Year Change | 26.76% |
| Growth Volatility | 4.97 |
Net Assets of CTCI Corp (2000–2025)
Net assets of CTCI Corp from 2000 to 2025. This chart illustrates how CTCI Corp's net assets have evolved over time, based on quarterly financial data. See net asset quality index of CTCI Corp to measure how much of total assets are equity-financed.
Annual Net Assets for CTCI Corp (2000–2025)
The table below shows the annual net assets of CTCI Corp from 2000 to 2025. For live market cap and overall valuation, see CTCI Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$25.59 Billion ≈ $806.29 Million |
+3.74% |
| 2024-12-31 | NT$24.67 Billion ≈ $777.19 Million |
+8.29% |
| 2023-12-31 | NT$22.78 Billion ≈ $717.66 Million |
+4.34% |
| 2022-12-31 | NT$21.83 Billion ≈ $687.83 Million |
+6.18% |
| 2021-12-31 | NT$20.56 Billion ≈ $647.78 Million |
+8.02% |
| 2020-12-31 | NT$19.03 Billion ≈ $599.68 Million |
-1.62% |
| 2019-12-31 | NT$19.35 Billion ≈ $609.54 Million |
-6.20% |
| 2018-12-31 | NT$20.63 Billion ≈ $649.84 Million |
-1.97% |
| 2017-12-31 | NT$21.04 Billion ≈ $662.88 Million |
+4.21% |
| 2016-12-31 | NT$20.19 Billion ≈ $636.10 Million |
+2.34% |
| 2015-12-31 | NT$19.73 Billion ≈ $621.54 Million |
+0.13% |
| 2014-12-31 | NT$19.70 Billion ≈ $620.75 Million |
+4.00% |
| 2013-12-31 | NT$18.95 Billion ≈ $596.89 Million |
+10.30% |
| 2012-12-31 | NT$17.18 Billion ≈ $541.14 Million |
+8.73% |
| 2011-12-31 | NT$15.80 Billion ≈ $497.70 Million |
+11.25% |
| 2010-12-31 | NT$14.20 Billion ≈ $447.38 Million |
+16.46% |
| 2009-12-31 | NT$12.19 Billion ≈ $384.17 Million |
+12.89% |
| 2008-12-31 | NT$10.80 Billion ≈ $340.30 Million |
+7.40% |
| 2007-12-31 | NT$10.06 Billion ≈ $316.87 Million |
+8.46% |
| 2006-12-31 | NT$9.27 Billion ≈ $292.14 Million |
+8.17% |
| 2005-12-31 | NT$8.57 Billion ≈ $270.08 Million |
+7.63% |
| 2004-12-31 | NT$7.96 Billion ≈ $250.93 Million |
+5.12% |
| 2003-12-31 | NT$7.58 Billion ≈ $238.71 Million |
+4.06% |
| 2002-12-31 | NT$7.28 Billion ≈ $229.39 Million |
-0.63% |
| 2001-12-31 | NT$7.33 Billion ≈ $230.84 Million |
+8.06% |
| 2000-12-31 | NT$6.78 Billion ≈ $213.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CTCI 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 133.9% over the analyzed period, indicating profitable operations and earnings retention.
CTCI Corp Net Assets Breakdown (December 2025)
CTCI Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.60 Billion | 12.83% |
| Common Stock | NT$8.95 Billion | 44.12% |
| Other Comprehensive Income | NT$4.07 Billion | 20.07% |
| Other Components | NT$4.66 Billion | 22.98% |
| Total Equity | NT$20.27 Billion | 100.00% |
CTCI Corp Competitors by Market Cap
The table below lists competitors of CTCI Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sun Art Retail Group Limited
F:SRI
|
$1.37 Billion |
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$1.37 Billion |
|
Banvida
SN:BANVIDA
|
$1.37 Billion |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850
|
$1.37 Billion |
|
DFDS A/S
CO:DFDS
|
$1.37 Billion |
|
Lingyun Ind
SHG:600480
|
$1.37 Billion |
|
Xiamen Voke Mold & Plastic Engineering Co. Ltd.
SHE:301196
|
$1.37 Billion |
|
Anhui Guangxin Agrochemical Co Ltd
SHG:603599
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CTCI Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,646,302,000 to 20,274,025,000, a change of 627,723,000 (3.2%).
- Net income of 1,691,361,000 contributed positively to equity growth.
- Dividend payments of 1,681,734,000 reduced retained earnings.
- New share issuances of 234,632,000 increased equity.
- Other comprehensive income increased equity by 5,716,190,000.
- Other factors decreased equity by 5,332,726,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.69 Billion | +8.34% |
| Dividends Paid | NT$1.68 Billion | -8.3% |
| Share Issuances | NT$234.63 Million | +1.16% |
| Other Comprehensive Income | NT$5.72 Billion | +28.19% |
| Other Changes | NT$-5.33 Billion | -26.3% |
| Total Change | NT$- | 3.20% |
Book Value vs Market Value Analysis
This analysis compares CTCI 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: 2.34x
- 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 3.27x to 2.34x 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$14.16 | NT$46.30 | x |
| 2007-12-31 | NT$12.87 | NT$46.30 | x |
| 2008-12-31 | NT$13.13 | NT$46.30 | x |
| 2009-12-31 | NT$14.57 | NT$46.30 | x |
| 2010-12-31 | NT$16.35 | NT$46.30 | x |
| 2011-12-31 | NT$17.70 | NT$46.30 | x |
| 2012-12-31 | NT$18.60 | NT$46.30 | x |
| 2013-12-31 | NT$19.83 | NT$46.30 | x |
| 2014-12-31 | NT$20.55 | NT$46.30 | x |
| 2015-12-31 | NT$20.30 | NT$46.30 | x |
| 2016-12-31 | NT$20.37 | NT$46.30 | x |
| 2017-12-31 | NT$21.36 | NT$46.30 | x |
| 2018-12-31 | NT$20.79 | NT$46.30 | x |
| 2019-12-31 | NT$19.25 | NT$46.30 | x |
| 2020-12-31 | NT$18.86 | NT$46.30 | x |
| 2021-12-31 | NT$19.73 | NT$46.30 | x |
| 2022-12-31 | NT$20.15 | NT$46.30 | x |
| 2023-12-31 | NT$20.40 | NT$46.30 | x |
| 2024-12-31 | NT$21.98 | NT$46.30 | x |
| 2025-12-31 | NT$19.79 | NT$46.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CTCI 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): 8.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 6.91x
- Recent ROE (8.34%) is below the historical average (12.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 14.35% | 8.24% | 0.91x | 1.92x | NT$295.11 Million |
| 2001 | 10.43% | 6.28% | 0.89x | 1.87x | NT$31.18 Million |
| 2002 | 10.02% | 5.33% | 0.97x | 1.93x | NT$1.58 Million |
| 2003 | 10.49% | 5.34% | 0.76x | 2.57x | NT$36.89 Million |
| 2004 | 8.09% | 3.23% | 0.86x | 2.90x | NT$-151.62 Million |
| 2005 | 9.34% | 2.46% | 1.19x | 3.18x | NT$-54.56 Million |
| 2006 | 11.31% | 2.97% | 1.01x | 3.77x | NT$115.59 Million |
| 2007 | 13.76% | 2.97% | 1.07x | 4.34x | NT$357.21 Million |
| 2008 | 16.25% | 3.08% | 1.25x | 4.23x | NT$619.91 Million |
| 2009 | 15.07% | 3.59% | 1.08x | 3.88x | NT$569.40 Million |
| 2010 | 15.23% | 3.78% | 1.05x | 3.83x | NT$673.14 Million |
| 2011 | 15.98% | 4.02% | 1.09x | 3.66x | NT$846.51 Million |
| 2012 | 15.64% | 3.94% | 1.16x | 3.41x | NT$863.18 Million |
| 2013 | 9.97% | 3.14% | 1.07x | 2.96x | NT$-5.48 Million |
| 2014 | 10.98% | 3.26% | 1.02x | 3.32x | NT$168.35 Million |
| 2015 | 11.99% | 3.04% | 1.11x | 3.54x | NT$338.67 Million |
| 2016 | 13.00% | 3.15% | 1.06x | 3.87x | NT$513.05 Million |
| 2017 | 15.63% | 3.92% | 1.02x | 3.90x | NT$1.01 Billion |
| 2018 | 10.47% | 2.85% | 0.84x | 4.38x | NT$81.66 Million |
| 2019 | 10.36% | 2.88% | 0.84x | 4.30x | NT$58.68 Million |
| 2020 | 8.25% | 2.35% | 0.78x | 4.47x | NT$-277.61 Million |
| 2021 | 14.49% | 3.41% | 0.81x | 5.27x | NT$744.96 Million |
| 2022 | 18.76% | 3.44% | 1.02x | 5.37x | NT$1.53 Billion |
| 2023 | 10.49% | 1.83% | 0.94x | 6.14x | NT$88.69 Million |
| 2024 | 9.89% | 1.62% | 0.96x | 6.35x | NT$-22.25 Million |
| 2025 | 8.34% | 1.84% | 0.66x | 6.91x | NT$-336.04 Million |
Industry Comparison
This section compares CTCI Corp's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $10,107,190,200
- Average return on equity (ROE) among peers: 9.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CTCI Corp (9933) | NT$25.89 Billion | 14.35% | 4.41x | $1.37 Billion |
| Tri Ocean Textile Co Ltd (1472) | $2.03 Billion | 7.62% | 1.24x | $145.69 Million |
| Evergreen Steel Corp (2211) | $30.95 Billion | 11.59% | 0.27x | $1.03 Billion |
| United Integrated Services Co Ltd (2404) | $9.77 Billion | 28.36% | 1.43x | $5.94 Billion |
| Long Bon International Co Ltd (2514) | $10.29 Billion | 0.07% | 34.36x | $126.37 Million |
| BES Engineering Co (2515) | $18.37 Billion | 4.31% | 0.99x | $562.30 Million |
| New Asia Construction & Development Corp (2516) | $1.74 Billion | 0.00% | 2.47x | $114.06 Million |
| Kindom Construction Corp (2520) | $12.21 Billion | 8.41% | 2.20x | $662.25 Million |
| Delpha Construction Co Ltd (2530) | $3.16 Billion | -1.11% | 1.56x | $504.90 Million |
| Da-Cin Construction Co Ltd (2535) | $5.33 Billion | 8.67% | 2.07x | $737.74 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $7.21 Billion | 27.97% | 1.31x | $548.49 Million |
About CTCI Corp
CTCI Corporation provides engineering, procurement, and construction services in Taiwan, rest of Asia, and the United States. The company offers project management; feasibility study and front-end engineering design; engineering; procurement; fabrication; construction; commissioning; automation and control; cleanroom, mechanical, electrical, and plumbing; intelligent structure jacking and movemen… Read more