Sinmag Equipment Net Assets
Sinmag Equipment net assets. Based on the latest financial reports, Sinmag Equipment (1580) has net assets worth NT$3.29 Billion TWD (≈ $103.57 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.76 Billion ≈ $150.06 Million USD) and total liabilities (NT$1.48 Billion ≈ $46.48 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. Also explore Sinmag Equipment annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.29 Billion |
| % of Total Assets | 69.02% |
| Annual Growth Rate | 6.45% |
| 5-Year Change | 38.99% |
| 10-Year Change | N/A |
| Growth Volatility | 21.65 |
Net Assets of Sinmag Equipment (2017–2025)
Net assets of Sinmag Equipment from 2017 to 2025. This chart illustrates how Sinmag Equipment's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Sinmag Equipment to measure how much of total assets are equity-financed.
Annual Net Assets for Sinmag Equipment (2017–2025)
The table below shows the annual net assets of Sinmag Equipment from 2017 to 2025. For live market cap and overall valuation, see 1580 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.37 Billion ≈ $106.19 Million |
+1.71% |
| 2024-12-31 | NT$3.31 Billion ≈ $104.40 Million |
+11.17% |
| 2023-12-31 | NT$2.98 Billion ≈ $93.91 Million |
+10.14% |
| 2022-12-31 | NT$2.71 Billion ≈ $85.26 Million |
+11.61% |
| 2021-12-31 | NT$2.42 Billion ≈ $76.40 Million |
+3.98% |
| 2020-12-31 | NT$2.33 Billion ≈ $73.47 Million |
-29.24% |
| 2019-12-31 | NT$3.30 Billion ≈ $103.83 Million |
+55.56% |
| 2018-12-31 | NT$2.12 Billion ≈ $66.74 Million |
+3.61% |
| 2017-12-31 | NT$2.04 Billion ≈ $64.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinmag Equipment'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 27.5% over the analyzed period, indicating profitable operations and earnings retention.
Sinmag Equipment Net Assets Breakdown (December 2025)
Sinmag Equipment net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.93 Billion | 60.00% |
| Other Components | NT$1.29 Billion | 40.00% |
| Total Equity | NT$3.21 Billion | 100.00% |
Sinmag Equipment Competitors by Market Cap
The table below lists competitors of Sinmag Equipment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Areeya Property Public Company Limited
BK:A
|
$147.84 Million |
|
LONCOR GOLD INC.
F:LO5
|
$147.91 Million |
|
Indigo Acquisition Corp. Ordinary Shares
NASDAQ:INAC
|
$147.99 Million |
|
Banque nationale de Belgique Société anonyme
BR:BNB
|
$148.00 Million |
|
Alicanto Minerals Ltd
AU:AQI
|
$147.77 Million |
|
Isu Chemical Co Ltd
KO:005950
|
$147.75 Million |
|
Wemade Co.Ltd
KQ:112040
|
$147.70 Million |
|
STEEL EXCHANGE INDIA LIMITED
NSE:STEELXIND
|
$147.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinmag Equipment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,171,740,000 to 3,212,913,000, a change of 41,173,000 (1.3%).
- Net income of 622,491,000 contributed positively to equity growth.
- Dividend payments of 452,072,000 reduced retained earnings.
- Share repurchases of 128,543,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$622.49 Million | +19.37% |
| Dividends Paid | NT$452.07 Million | -14.07% |
| Share Repurchases | NT$128.54 Million | -4.0% |
| Other Changes | NT$-703.00K | -0.02% |
| Total Change | NT$- | 1.30% |
Book Value vs Market Value Analysis
This analysis compares Sinmag Equipment'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: 1.46x
- 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 2.40x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$39.58 | NT$95.10 | x |
| 2018-12-31 | NT$41.06 | NT$95.10 | x |
| 2019-12-31 | NT$43.18 | NT$95.10 | x |
| 2020-12-31 | NT$45.02 | NT$95.10 | x |
| 2021-12-31 | NT$47.66 | NT$95.10 | x |
| 2022-12-31 | NT$51.39 | NT$95.10 | x |
| 2023-12-31 | NT$56.78 | NT$95.10 | x |
| 2024-12-31 | NT$63.14 | NT$95.10 | x |
| 2025-12-31 | NT$65.12 | NT$95.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinmag Equipment 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): 19.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.76%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.41x
- Recent ROE (19.37%) is below the historical average (20.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 26.87% | 11.58% | 1.40x | 1.66x | NT$335.36 Million |
| 2018 | 22.96% | 10.98% | 1.33x | 1.57x | NT$267.35 Million |
| 2019 | 23.12% | 12.09% | 1.26x | 1.52x | NT$285.67 Million |
| 2020 | 15.03% | 10.33% | 0.96x | 1.52x | NT$114.04 Million |
| 2021 | 21.23% | 11.88% | 1.16x | 1.55x | NT$269.88 Million |
| 2022 | 13.00% | 8.55% | 1.06x | 1.44x | NT$77.62 Million |
| 2023 | 21.11% | 13.40% | 1.13x | 1.39x | NT$317.36 Million |
| 2024 | 21.52% | 14.25% | 1.07x | 1.41x | NT$365.49 Million |
| 2025 | 19.37% | 12.76% | 1.07x | 1.41x | NT$301.20 Million |
Industry Comparison
This section compares Sinmag Equipment's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $6,699,470,333
- Average return on equity (ROE) among peers: 10.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinmag Equipment (1580) | NT$3.29 Billion | 26.87% | 0.45x | $147.83 Million |
| TECO Electric & Machinery Co Ltd (1504) | $30.80 Billion | 0.00% | 0.92x | $4.89 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $11.65 Billion | 16.80% | 1.94x | $2.30 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $151.60 Million |
| Awea Mechantronic Co Ltd (1530) | $1.91 Billion | 26.71% | 0.69x | $79.57 Million |
| Kaulin Mfg (1531) | $4.99 Billion | 10.51% | 0.31x | $64.26 Million |
| Chiu Ting Machinery Co Ltd (1539) | $1.36 Billion | 24.32% | 1.29x | $31.00 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.48 Billion | 6.41% | 0.11x | $48.61 Million |
| Goodway Machine Corp (1583) | $3.87 Billion | 12.46% | 1.36x | $160.96 Million |
| Airtac International Group (1590) | $1.95 Billion | 0.00% | 0.92x | $6.62 Billion |
About Sinmag Equipment
Sinmag Equipment Corporation engages in the manufacturing, research and development, sale, and after services in the bakery and kitchen equipment field in Taiwan, China, and the United States. The company offers bakery equipment, such as working table, deck oven and proofer, refrigerator, in-store equipment, planetary and spiral mixer, slicer, divider rounder, molder, sheeter, as well as convecti… Read more