Bin Chuan Enterprise Co Ltd (1569) - Net Assets
Based on the latest financial reports, Bin Chuan Enterprise Co Ltd (1569) has net assets worth NT$2.83 Billion TWD (≈ $89.13 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$6.09 Billion ≈ $191.96 Million USD) and total liabilities (NT$3.26 Billion ≈ $102.83 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 asset resilience ratio of Bin Chuan Enterprise Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.83 Billion |
| % of Total Assets | 46.43% |
| Annual Growth Rate | 5.07% |
| 5-Year Change | -6.79% |
| 10-Year Change | N/A |
| Growth Volatility | 10.6 |
Bin Chuan Enterprise Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Bin Chuan Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 1569 asset base for the complete picture of this company's asset base.
Annual Net Assets for Bin Chuan Enterprise Co Ltd (2016–2024)
The table below shows the annual net assets of Bin Chuan Enterprise Co Ltd from 2016 to 2024. For live valuation and market cap data, see market cap of Bin Chuan Enterprise Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.02 Billion ≈ $95.22 Million |
-7.47% |
| 2023-12-31 | NT$3.27 Billion ≈ $102.91 Million |
-11.21% |
| 2022-12-31 | NT$3.68 Billion ≈ $115.90 Million |
+9.71% |
| 2021-12-31 | NT$3.35 Billion ≈ $105.64 Million |
+3.40% |
| 2020-12-31 | NT$3.24 Billion ≈ $102.16 Million |
+18.74% |
| 2019-12-31 | NT$2.73 Billion ≈ $86.04 Million |
+0.11% |
| 2018-12-31 | NT$2.73 Billion ≈ $85.94 Million |
+13.27% |
| 2017-12-31 | NT$2.41 Billion ≈ $75.88 Million |
+18.35% |
| 2016-12-31 | NT$2.03 Billion ≈ $64.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bin Chuan Enterprise 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 decreased by 2.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$154.82 Million | 5.37% |
| Other Components | NT$2.73 Billion | 94.63% |
| Total Equity | NT$2.88 Billion | 100.00% |
Bin Chuan Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Bin Chuan Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jasuindo Tiga Perkasa Tbk
JK:JTPE
|
$254.95 Million |
|
Bank of Zhengzhou Co. Ltd
F:3BZ
|
$255.11 Million |
|
GoldMining Inc
TO:GOLD
|
$255.14 Million |
|
Bioteque
TWO:4107
|
$255.44 Million |
|
Enter Air S.A.
WAR:ENT
|
$254.93 Million |
|
Genomictree Inc.
KQ:228760
|
$254.88 Million |
|
Coherus BioSciences Inc
NASDAQ:CHRS
|
$254.81 Million |
|
Saha-Union Public Company Limited
BK:SUC
|
$254.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bin Chuan Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,150,375,000 to 2,880,811,000, a change of -269,564,000 (-8.6%).
- Net loss of 311,553,000 reduced equity.
- Dividend payments of 121,447,000 reduced retained earnings.
- Other comprehensive income decreased equity by 710,034,000.
- Other factors increased equity by 873,470,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-311.55 Million | -10.81% |
| Dividends Paid | NT$121.45 Million | -4.22% |
| Other Comprehensive Income | NT$-710.03 Million | -24.65% |
| Other Changes | NT$873.47 Million | +30.32% |
| Total Change | NT$- | -8.56% |
Book Value vs Market Value Analysis
This analysis compares Bin Chuan Enterprise 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: 2.37x
- 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 2.87x to 2.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$19.55 | NT$56.10 | x |
| 2017-12-31 | NT$22.15 | NT$56.10 | x |
| 2018-12-31 | NT$23.67 | NT$56.10 | x |
| 2019-12-31 | NT$23.32 | NT$56.10 | x |
| 2020-12-31 | NT$25.79 | NT$56.10 | x |
| 2021-12-31 | NT$26.68 | NT$56.10 | x |
| 2022-12-31 | NT$29.15 | NT$56.10 | x |
| 2023-12-31 | NT$25.94 | NT$56.10 | x |
| 2024-12-31 | NT$23.72 | NT$56.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bin Chuan Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.04%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.22x
- Recent ROE (-10.81%) is below the historical average (4.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.93% | 6.38% | 0.62x | 2.26x | NT$-21.81 Million |
| 2017 | 11.41% | 7.33% | 0.62x | 2.53x | NT$32.57 Million |
| 2018 | 1.49% | 1.09% | 0.56x | 2.41x | NT$-222.98 Million |
| 2019 | 4.31% | 2.56% | 0.66x | 2.56x | NT$-149.85 Million |
| 2020 | 12.57% | 7.98% | 0.70x | 2.25x | NT$80.60 Million |
| 2021 | 9.71% | 6.61% | 0.65x | 2.25x | NT$-9.54 Million |
| 2022 | 11.01% | 7.82% | 0.69x | 2.03x | NT$36.00 Million |
| 2023 | -3.66% | -3.20% | 0.56x | 2.05x | NT$-430.43 Million |
| 2024 | -10.81% | -10.04% | 0.48x | 2.22x | NT$-599.63 Million |
Industry Comparison
This section compares Bin Chuan Enterprise Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $11,031,775,111
- Average return on equity (ROE) among peers: 5.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bin Chuan Enterprise Co Ltd (1569) | NT$2.83 Billion | 8.93% | 1.15x | $254.95 Million |
| Lee Chi Enterprises Co Ltd (1517) | $3.37 Billion | 6.38% | 0.27x | $70.01 Million |
| China Metal Products Co Ltd (1532) | $16.57 Billion | 16.75% | 0.94x | $270.82 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.37 Billion | 1.46% | 1.66x | $69.25 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $10.65 Billion | 12.68% | 0.46x | $23.79 Million |
| Solar Applied Materials Technology (1785) | $2.84 Billion | 0.00% | 1.92x | $3.14 Billion |
| Chia Yi Steel Co Ltd (2067) | $419.61 Million | -20.16% | 1.97x | $10.68 Million |
| CX Technology Corp (2415) | $1.23 Billion | 12.50% | 0.85x | $79.39 Million |
| Catcher Technology Co Ltd (2474) | $61.21 Billion | 17.79% | 0.65x | $3.63 Billion |
| Univacco Technology (3303) | $1.61 Billion | 1.01% | 0.79x | $153.24 Million |
About Bin Chuan Enterprise Co Ltd
Bin Chuan Enterprise Co., Ltd. manufactures and sells metal stamping products for computer and consumer electronics in Taiwan, Asia, and internationally. The company offers laptop metal casings and components, laptop keyboard base plates, mobile phone metal casings and components, home theater metal casings and meshes, POS system metal components, medical devices, and laptop keyboard plastic keyc… Read more