China Fineblanking Technology Co Ltd
China Fineblanking Technology Co.,Ltd. manufactures and sells computer hard drives, automobiles, and metal parts in Taiwan and internationally. The company offers auto components, such as door locks, break system component, seat mechanisms, transmission clutch steel plate, seat belt and airbage, synchronizer ring, motorcycle and electric bus components. It also offers auto components, such as doo… Read more
China Fineblanking Technology Co Ltd (1586) - Net Assets
Latest net assets as of June 2025: NT$1.78 Billion TWD
Based on the latest financial reports, China Fineblanking Technology Co Ltd (1586) has net assets worth NT$1.78 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.65 Billion) and total liabilities (NT$1.87 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$1.78 Billion |
| % of Total Assets | 48.87% |
| Annual Growth Rate | 0.32% |
| 5-Year Change | -2.37% |
| 10-Year Change | N/A |
| Growth Volatility | 6.83 |
China Fineblanking Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how China Fineblanking Technology 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 China Fineblanking Technology Co Ltd (2017–2024)
The table below shows the annual net assets of China Fineblanking Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.53 Billion | +4.91% |
| 2023-12-31 | NT$1.46 Billion | -5.38% |
| 2022-12-31 | NT$1.54 Billion | -4.89% |
| 2021-12-31 | NT$1.62 Billion | +3.42% |
| 2020-12-31 | NT$1.57 Billion | +14.26% |
| 2019-12-31 | NT$1.37 Billion | -4.42% |
| 2018-12-31 | NT$1.44 Billion | -4.09% |
| 2017-12-31 | NT$1.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Fineblanking Technology 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 29.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$371.03 Million | 24.24% |
| Other Components | NT$1.16 Billion | 75.76% |
| Total Equity | NT$1.53 Billion | 100.00% |
China Fineblanking Technology Co Ltd Competitors by Market Cap
The table below lists competitors of China Fineblanking Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Media Capital
LS:MCP
|
$49.08 Million |
|
Mevaco S.A
AT:MEVA
|
$49.09 Million |
|
AAC Clyde Space AB
OTCQX:ACCMF
|
$49.09 Million |
|
LIG-ES SPAC
KQ:220260
|
$49.10 Million |
|
AstroNova Inc
NASDAQ:ALOT
|
$49.05 Million |
|
CrystalGenomics Inc
KQ:083790
|
$49.02 Million |
|
JTC Inc
KQ:950170
|
$49.02 Million |
|
Humasis Co. Ltd
KQ:205470
|
$48.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Fineblanking Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,459,143,000 to 1,530,830,000, a change of 71,687,000 (4.9%).
- Net income of 35,282,000 contributed positively to equity growth.
- Dividend payments of 8,126,000 reduced retained earnings.
- Share repurchases of 15,950,000 reduced equity.
- Other factors increased equity by 60,481,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$35.28 Million | +2.3% |
| Dividends Paid | NT$8.13 Million | -0.53% |
| Share Repurchases | NT$15.95 Million | -1.04% |
| Other Changes | NT$60.48 Million | +3.95% |
| Total Change | NT$- | 4.91% |
Book Value vs Market Value Analysis
This analysis compares China Fineblanking Technology 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.07 | NT$22.95 | x |
| 2018-12-31 | NT$17.45 | NT$22.95 | x |
| 2019-12-31 | NT$16.68 | NT$22.95 | x |
| 2020-12-31 | NT$17.19 | NT$22.95 | x |
| 2021-12-31 | NT$17.37 | NT$22.95 | x |
| 2022-12-31 | NT$18.71 | NT$22.95 | x |
| 2023-12-31 | NT$17.96 | NT$22.95 | x |
| 2024-12-31 | NT$18.83 | NT$22.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Fineblanking Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.37%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.52x
- Recent ROE (2.30%) is below the historical average (3.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.02% | 1.36% | 0.75x | 1.99x | NT$-119.50 Million |
| 2018 | 7.11% | 4.16% | 0.79x | 2.16x | NT$-41.56 Million |
| 2019 | 1.46% | 0.96% | 0.57x | 2.66x | NT$-117.17 Million |
| 2020 | 8.78% | 6.00% | 0.56x | 2.61x | NT$-19.16 Million |
| 2021 | 6.64% | 4.08% | 0.60x | 2.72x | NT$-54.49 Million |
| 2022 | 2.80% | 1.70% | 0.59x | 2.77x | NT$-111.08 Million |
| 2023 | -3.72% | -2.35% | 0.57x | 2.79x | NT$-200.23 Million |
| 2024 | 2.30% | 1.37% | 0.67x | 2.52x | NT$-117.80 Million |
Industry Comparison
This section compares China Fineblanking Technology Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,371,013,333
- Average return on equity (ROE) among peers: 3.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Fineblanking Technology Co Ltd (1586) | NT$1.78 Billion | 2.02% | 1.05x | $49.06 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 |
| 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 |