Century Iron And Steel Industrial Co Ltd
Century Iron and Steel Industrial Co.,Ltd. engages in the manufacture and sale of steel structures, steel frame, and iron bone in Taiwan and Myanmar. The company is also involved in the manufacture and distributes mechanical equipment of power generation, and fabricated metal; installation; and consulting services. Its products are used in high-rise buildings, bridges, factories, public construct… Read more
Century Iron And Steel Industrial Co Ltd (9958) - Net Assets
Latest net assets as of September 2025: NT$20.63 Billion TWD
Based on the latest financial reports, Century Iron And Steel Industrial Co Ltd (9958) has net assets worth NT$20.63 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$40.84 Billion) and total liabilities (NT$20.22 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$20.63 Billion |
| % of Total Assets | 50.5% |
| Annual Growth Rate | 18.49% |
| 5-Year Change | 140.62% |
| 10-Year Change | 794.0% |
| Growth Volatility | 23.07 |
Century Iron And Steel Industrial Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Century Iron And Steel Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Century Iron And Steel Industrial Co Ltd (2003–2024)
The table below shows the annual net assets of Century Iron And Steel Industrial Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.47 Billion | +64.26% |
| 2023-12-31 | NT$13.68 Billion | +33.55% |
| 2022-12-31 | NT$10.24 Billion | +1.38% |
| 2021-12-31 | NT$10.10 Billion | +8.19% |
| 2020-12-31 | NT$9.34 Billion | +65.99% |
| 2019-12-31 | NT$5.63 Billion | +15.20% |
| 2018-12-31 | NT$4.88 Billion | +76.82% |
| 2017-12-31 | NT$2.76 Billion | +7.72% |
| 2016-12-31 | NT$2.56 Billion | +2.01% |
| 2015-12-31 | NT$2.51 Billion | +13.31% |
| 2014-12-31 | NT$2.22 Billion | -3.22% |
| 2013-12-31 | NT$2.29 Billion | +30.92% |
| 2012-12-31 | NT$1.75 Billion | +17.06% |
| 2011-12-31 | NT$1.50 Billion | -7.31% |
| 2010-12-31 | NT$1.61 Billion | -0.29% |
| 2009-12-31 | NT$1.62 Billion | +14.62% |
| 2008-12-31 | NT$1.41 Billion | +37.83% |
| 2007-12-31 | NT$1.02 Billion | +5.78% |
| 2006-12-31 | NT$968.11 Million | +10.26% |
| 2005-12-31 | NT$877.99 Million | +8.18% |
| 2004-12-31 | NT$811.62 Million | +27.51% |
| 2003-12-31 | NT$636.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Century Iron And Steel Industrial Co Ltd'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 6942.5% 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 | 23.06% |
| Common Stock | NT$2.57 Billion | 20.23% |
| Other Comprehensive Income | NT$11.41 Million | 0.09% |
| Other Components | NT$7.19 Billion | 56.62% |
| Total Equity | NT$12.70 Billion | 100.00% |
Century Iron And Steel Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Century Iron And Steel Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTT - Correios De Portugal S.A
PINK:CTTOF
|
$641.47 Million |
|
Angang Steel Company Limited
PINK:ANGGF
|
$641.51 Million |
|
Nine Dragons Paper (Holdings) Limited
PINK:NDGPF
|
$641.97 Million |
|
Eris Lifesciences Limited
NSE:ERIS
|
$642.00 Million |
|
Shanghai SK Automation Technology Co. Ltd. A
SHG:688155
|
$641.08 Million |
|
Edifier Technology Co Ltd
SHE:002351
|
$640.66 Million |
|
Collins Foods Limited
PINK:CLLFF
|
$640.38 Million |
|
Biotest Aktiengesellschaft
PINK:BIESF
|
$640.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Century Iron And Steel Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,868,974,000 to 12,697,943,000, a change of 3,828,969,000 (43.2%).
- Net income of 1,759,165,000 contributed positively to equity growth.
- Dividend payments of 907,580,000 reduced retained earnings.
- Other comprehensive income increased equity by 74,574,999.
- Other factors increased equity by 2,902,809,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.76 Billion | +13.85% |
| Dividends Paid | NT$907.58 Million | -7.15% |
| Other Comprehensive Income | NT$74.57 Million | +0.59% |
| Other Changes | NT$2.90 Billion | +22.86% |
| Total Change | NT$- | 43.17% |
Book Value vs Market Value Analysis
This analysis compares Century Iron And Steel Industrial Co Ltd'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: 2.58x
- 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 10.73x to 2.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.02 | NT$129.00 | x |
| 2010-12-31 | NT$10.88 | NT$129.00 | x |
| 2011-12-31 | NT$10.09 | NT$129.00 | x |
| 2012-12-31 | NT$11.49 | NT$129.00 | x |
| 2013-12-31 | NT$13.05 | NT$129.00 | x |
| 2014-12-31 | NT$11.81 | NT$129.00 | x |
| 2015-12-31 | NT$12.57 | NT$129.00 | x |
| 2016-12-31 | NT$12.44 | NT$129.00 | x |
| 2017-12-31 | NT$12.47 | NT$129.00 | x |
| 2018-12-31 | NT$19.09 | NT$129.00 | x |
| 2019-12-31 | NT$20.27 | NT$129.00 | x |
| 2020-12-31 | NT$30.80 | NT$129.00 | x |
| 2021-12-31 | NT$30.94 | NT$129.00 | x |
| 2022-12-31 | NT$29.47 | NT$129.00 | x |
| 2023-12-31 | NT$34.50 | NT$129.00 | x |
| 2024-12-31 | NT$50.04 | NT$129.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Century Iron And Steel Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.10%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 3.25x
- Recent ROE (13.85%) is above the historical average (8.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.53% | 2.63% | 0.83x | 3.00x | NT$-22.07 Million |
| 2004 | 22.10% | 6.69% | 0.86x | 3.82x | NT$98.18 Million |
| 2005 | 18.73% | 6.53% | 0.98x | 2.92x | NT$76.69 Million |
| 2006 | 15.54% | 4.84% | 0.91x | 3.54x | NT$53.61 Million |
| 2007 | 10.13% | 4.97% | 0.57x | 3.57x | NT$1.28 Million |
| 2008 | 1.74% | 1.21% | 0.49x | 2.95x | NT$-116.56 Million |
| 2009 | 3.36% | 1.75% | 0.78x | 2.47x | NT$-107.40 Million |
| 2010 | 0.52% | 0.40% | 0.52x | 2.48x | NT$-152.86 Million |
| 2011 | -6.04% | -5.27% | 0.36x | 3.21x | NT$-239.86 Million |
| 2012 | 14.20% | 6.97% | 0.67x | 3.04x | NT$73.48 Million |
| 2013 | 8.32% | 5.49% | 0.73x | 2.08x | NT$-38.50 Million |
| 2014 | 2.91% | 2.23% | 0.47x | 2.78x | NT$-157.24 Million |
| 2015 | 8.02% | 6.26% | 0.48x | 2.69x | NT$-46.68 Million |
| 2016 | 3.13% | 3.21% | 0.36x | 2.75x | NT$-160.32 Million |
| 2017 | 2.55% | 2.88% | 0.31x | 2.89x | NT$-172.43 Million |
| 2018 | 0.91% | 2.02% | 0.16x | 2.78x | NT$-335.03 Million |
| 2019 | 16.63% | 30.76% | 0.21x | 2.53x | NT$294.53 Million |
| 2020 | 11.00% | 11.94% | 0.37x | 2.47x | NT$69.78 Million |
| 2021 | 17.25% | 12.68% | 0.37x | 3.68x | NT$529.35 Million |
| 2022 | 1.45% | 1.09% | 0.31x | 4.22x | NT$-594.96 Million |
| 2023 | 11.80% | 7.21% | 0.41x | 4.00x | NT$159.72 Million |
| 2024 | 13.85% | 14.10% | 0.30x | 3.25x | NT$489.37 Million |
Industry Comparison
This section compares Century Iron And Steel Industrial Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,188,127,500
- Average return on equity (ROE) among peers: 3.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Century Iron And Steel Industrial Co Ltd (9958) | NT$20.63 Billion | 6.53% | 0.98x | $641.27 Million |
| Sun Rise E&T Corporation (1343) | $412.47 Million | 0.73% | 0.69x | $22.15 Million |
| Lee Chi Enterprises Co Ltd (1517) | $2.41 Billion | 6.15% | 0.28x | $48.28 Million |
| China Metal Products Co Ltd (1532) | $3.84 Billion | 19.44% | 3.50x | $161.98 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $3.24 Billion | 12.17% | 1.18x | $144.71 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $49.06 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $2.60 Billion | 3.01% | 1.48x | $15.38 Million |
| Solar Applied Materials Technology (1785) | $12.99 Billion | 8.35% | 1.04x | $1.07 Billion |
| Chia Yi Steel Co Ltd (2067) | $296.62 Million | -41.63% | 5.31x | $4.93 Million |
| CX Technology Corp (2415) | $1.78 Billion | 10.39% | 1.04x | $47.22 Million |
| Catcher Technology Co Ltd (2474) | $2.77 Billion | 10.99% | 0.15x | $2.91 Billion |