Nak Sealing Technologies Corp
NAK Sealing Technologies Corporation, together with its subsidiaries, manufactures and sells oil seals and technical sealing products in Taiwan, China, rest of Asia, Europe, America, and Africa. The company offers automotive seals, including engine, transmission, power steering, axle, shock absorber, and motor seals; and industrial seals comprising pump, gear reducer/gearbox, motor, power tool, r… Read more
Nak Sealing Technologies Corp (9942) - Net Assets
Latest net assets as of September 2025: NT$4.02 Billion TWD
Based on the latest financial reports, Nak Sealing Technologies Corp (9942) has net assets worth NT$4.02 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$5.32 Billion) and total liabilities (NT$1.30 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$4.02 Billion |
| % of Total Assets | 75.51% |
| Annual Growth Rate | 7.57% |
| 5-Year Change | 37.61% |
| 10-Year Change | 53.49% |
| Growth Volatility | 6.1 |
Nak Sealing Technologies Corp - Net Assets Trend (2002–2024)
This chart illustrates how Nak Sealing Technologies 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 Nak Sealing Technologies Corp (2002–2024)
The table below shows the annual net assets of Nak Sealing Technologies Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.18 Billion | +5.42% |
| 2023-12-31 | NT$3.96 Billion | +13.81% |
| 2022-12-31 | NT$3.48 Billion | +7.85% |
| 2021-12-31 | NT$3.23 Billion | +6.35% |
| 2020-12-31 | NT$3.04 Billion | +1.29% |
| 2019-12-31 | NT$3.00 Billion | +0.49% |
| 2018-12-31 | NT$2.98 Billion | +1.88% |
| 2017-12-31 | NT$2.93 Billion | +5.90% |
| 2016-12-31 | NT$2.77 Billion | +1.57% |
| 2015-12-31 | NT$2.72 Billion | +3.45% |
| 2014-12-31 | NT$2.63 Billion | +5.49% |
| 2013-12-31 | NT$2.50 Billion | +11.50% |
| 2012-12-31 | NT$2.24 Billion | +2.54% |
| 2011-12-31 | NT$2.18 Billion | +9.96% |
| 2010-12-31 | NT$1.98 Billion | +9.97% |
| 2009-12-31 | NT$1.80 Billion | -1.01% |
| 2008-12-31 | NT$1.82 Billion | +5.20% |
| 2007-12-31 | NT$1.73 Billion | +10.86% |
| 2006-12-31 | NT$1.56 Billion | +13.48% |
| 2005-12-31 | NT$1.38 Billion | +14.83% |
| 2004-12-31 | NT$1.20 Billion | +25.51% |
| 2003-12-31 | NT$955.64 Million | +13.86% |
| 2002-12-31 | NT$839.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nak Sealing Technologies 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 780.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.09 Billion | 50.03% |
| Other Components | NT$2.09 Billion | 49.97% |
| Total Equity | NT$4.18 Billion | 100.00% |
Nak Sealing Technologies Corp Competitors by Market Cap
The table below lists competitors of Nak Sealing Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Jining Ruyi Woolen Textile Co Ltd
SHE:002193
|
$178.20 Million |
|
Fortnox AB (publ)
PINK:FNOXF
|
$178.21 Million |
|
Hoang Huy Investment Services JSC
VN:HHS
|
$178.24 Million |
|
Advancetek Enterprise Co Ltd
TW:1442
|
$178.30 Million |
|
Praemium Ltd
AU:PPS
|
$178.12 Million |
|
VOLUE ASA NK -40
F:642
|
$178.10 Million |
|
KENMARE RES PLC EO-001
F:JEVA
|
$178.04 Million |
|
Beijing Integrity Technology Co. Ltd. A
SHG:688244
|
$178.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nak Sealing Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,960,729,000 to 4,175,453,000, a change of 214,724,000 (5.4%).
- Net income of 720,814,000 contributed positively to equity growth.
- Dividend payments of 582,129,000 reduced retained earnings.
- Other comprehensive income increased equity by 197,663,999.
- Other factors decreased equity by 121,624,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$720.81 Million | +17.26% |
| Dividends Paid | NT$582.13 Million | -13.94% |
| Other Comprehensive Income | NT$197.66 Million | +4.73% |
| Other Changes | NT$-121.62 Million | -2.91% |
| Total Change | NT$- | 5.42% |
Book Value vs Market Value Analysis
This analysis compares Nak Sealing Technologies 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: 2.30x
- 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 6.14x to 2.30x 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$18.81 | NT$115.50 | x |
| 2007-12-31 | NT$20.84 | NT$115.50 | x |
| 2008-12-31 | NT$21.72 | NT$115.50 | x |
| 2009-12-31 | NT$21.59 | NT$115.50 | x |
| 2010-12-31 | NT$23.69 | NT$115.50 | x |
| 2011-12-31 | NT$26.09 | NT$115.50 | x |
| 2012-12-31 | NT$26.78 | NT$115.50 | x |
| 2013-12-31 | NT$29.92 | NT$115.50 | x |
| 2014-12-31 | NT$31.49 | NT$115.50 | x |
| 2015-12-31 | NT$32.48 | NT$115.50 | x |
| 2016-12-31 | NT$33.04 | NT$115.50 | x |
| 2017-12-31 | NT$34.98 | NT$115.50 | x |
| 2018-12-31 | NT$35.60 | NT$115.50 | x |
| 2019-12-31 | NT$35.79 | NT$115.50 | x |
| 2020-12-31 | NT$36.20 | NT$115.50 | x |
| 2021-12-31 | NT$38.47 | NT$115.50 | x |
| 2022-12-31 | NT$41.49 | NT$115.50 | x |
| 2023-12-31 | NT$47.32 | NT$115.50 | x |
| 2024-12-31 | NT$50.21 | NT$115.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nak Sealing Technologies 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): 17.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.37%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.27x
- Recent ROE (17.26%) is below the historical average (17.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 19.61% | 15.10% | 0.92x | 1.42x | NT$80.65 Million |
| 2003 | 21.99% | 16.65% | 1.00x | 1.32x | NT$114.57 Million |
| 2004 | 22.85% | 17.61% | 0.87x | 1.49x | NT$154.15 Million |
| 2005 | 13.39% | 12.55% | 0.80x | 1.34x | NT$46.67 Million |
| 2006 | 21.57% | 19.94% | 0.81x | 1.33x | NT$180.81 Million |
| 2007 | 18.36% | 16.47% | 0.81x | 1.37x | NT$144.83 Million |
| 2008 | 15.30% | 14.36% | 0.87x | 1.22x | NT$96.61 Million |
| 2009 | 11.94% | 15.07% | 0.64x | 1.23x | NT$34.94 Million |
| 2010 | 23.13% | 20.39% | 0.83x | 1.37x | NT$260.56 Million |
| 2011 | 18.72% | 16.39% | 0.85x | 1.34x | NT$190.31 Million |
| 2012 | 16.06% | 15.25% | 0.78x | 1.34x | NT$135.72 Million |
| 2013 | 20.19% | 19.88% | 0.73x | 1.39x | NT$254.56 Million |
| 2014 | 19.94% | 18.09% | 0.76x | 1.45x | NT$261.82 Million |
| 2015 | 15.56% | 15.17% | 0.73x | 1.41x | NT$151.23 Million |
| 2016 | 17.63% | 16.43% | 0.79x | 1.35x | NT$210.95 Million |
| 2017 | 17.99% | 16.52% | 0.80x | 1.36x | NT$233.78 Million |
| 2018 | 14.74% | 13.67% | 0.81x | 1.34x | NT$141.20 Million |
| 2019 | 13.68% | 13.56% | 0.71x | 1.41x | NT$110.03 Million |
| 2020 | 12.75% | 13.42% | 0.66x | 1.45x | NT$83.14 Million |
| 2021 | 16.79% | 13.99% | 0.79x | 1.51x | NT$218.28 Million |
| 2022 | 18.75% | 15.62% | 0.79x | 1.51x | NT$303.49 Million |
| 2023 | 24.72% | 20.46% | 0.90x | 1.34x | NT$583.13 Million |
| 2024 | 17.26% | 18.37% | 0.74x | 1.27x | NT$303.27 Million |
Industry Comparison
This section compares Nak Sealing Technologies Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nak Sealing Technologies Corp (9942) | NT$4.02 Billion | 19.61% | 0.32x | $178.17 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |