Inmax Holding Co Ltd
Inmax Holding Co., Ltd. manufactures and sells a range of fasteners. It offers pneumatic and industrial nails; coil roofing nails for roofing, asphalt and fiberglass shingles, lathing, insulation board, vinyl siding, fiber cement roofing and siding, and waterproof tar paper applications; coil nails for use in wooden pallets and wooden boxes assembly, siding, decking, panel sheathing, and fencing;… Read more
Inmax Holding Co Ltd (1591) - Net Assets
Latest net assets as of September 2025: NT$496.86 Million TWD
Based on the latest financial reports, Inmax Holding Co Ltd (1591) has net assets worth NT$496.86 Million 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$546.26 Million) and total liabilities (NT$49.40 Million). 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$496.86 Million |
| % of Total Assets | 90.96% |
| Annual Growth Rate | 4.25% |
| 5-Year Change | 22.44% |
| 10-Year Change | N/A |
| Growth Volatility | 12.38 |
Inmax Holding Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Inmax Holding 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 Inmax Holding Co Ltd (2017–2024)
The table below shows the annual net assets of Inmax Holding Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$493.84 Million | +15.68% |
| 2023-12-31 | NT$426.92 Million | -15.18% |
| 2022-12-31 | NT$503.34 Million | +22.47% |
| 2021-12-31 | NT$411.00 Million | +1.90% |
| 2020-12-31 | NT$403.32 Million | +2.48% |
| 2019-12-31 | NT$393.55 Million | -6.84% |
| 2018-12-31 | NT$422.45 Million | +14.52% |
| 2017-12-31 | NT$368.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inmax Holding 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 92.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$10.36 Million | 2.10% |
| Other Components | NT$483.48 Million | 97.90% |
| Total Equity | NT$493.84 Million | 100.00% |
Inmax Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Inmax Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Batulicin Nusantara Maritim Tbk PT
JK:BESS
|
$42.15 Million |
|
VOC Energy Trust
NYSE:VOC
|
$42.15 Million |
|
TCSIF
OTCGREY:TCSIF
|
$42.17 Million |
|
Peoples Ltd
PINK:PPLL
|
$42.17 Million |
|
GIGANTE SALMON AS NK 1
F:96M
|
$42.14 Million |
|
Farmers and Merchants Bancshares Inc
PINK:FMFG
|
$42.13 Million |
|
Samick Thk
KO:004380
|
$42.11 Million |
|
Medicenna Therapeutics Corp
OTCQX:MDNAF
|
$42.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inmax Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 426,915,000 to 493,840,000, a change of 66,925,000 (15.7%).
- Net loss of 44,299,000 reduced equity.
- New share issuances of 73,462,000 increased equity.
- Other factors increased equity by 37,762,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-44.30 Million | -8.97% |
| Share Issuances | NT$73.46 Million | +14.88% |
| Other Changes | NT$37.76 Million | +7.65% |
| Total Change | NT$- | 15.68% |
Book Value vs Market Value Analysis
This analysis compares Inmax Holding 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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.00x to 3.25x 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$11.12 | NT$44.50 | x |
| 2018-12-31 | NT$12.74 | NT$44.50 | x |
| 2019-12-31 | NT$11.87 | NT$44.50 | x |
| 2020-12-31 | NT$11.55 | NT$44.50 | x |
| 2021-12-31 | NT$11.98 | NT$44.50 | x |
| 2022-12-31 | NT$14.58 | NT$44.50 | x |
| 2023-12-31 | NT$12.36 | NT$44.50 | x |
| 2024-12-31 | NT$13.70 | NT$44.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inmax Holding Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.64%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.13x
- Recent ROE (-8.97%) is below the historical average (4.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.51% | 0.45% | 0.66x | 1.70x | NT$-35.00 Million |
| 2018 | 11.30% | 5.68% | 1.15x | 1.73x | NT$5.50 Million |
| 2019 | 2.06% | 1.36% | 0.96x | 1.58x | NT$-31.25 Million |
| 2020 | 13.10% | 8.62% | 0.83x | 1.83x | NT$12.52 Million |
| 2021 | 12.11% | 8.69% | 0.91x | 1.54x | NT$8.67 Million |
| 2022 | 17.07% | 12.60% | 1.09x | 1.25x | NT$35.61 Million |
| 2023 | -11.57% | -68.87% | 0.15x | 1.15x | NT$-92.10 Million |
| 2024 | -8.97% | -20.64% | 0.39x | 1.13x | NT$-93.68 Million |
Industry Comparison
This section compares Inmax Holding Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,762,177,778
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inmax Holding Co Ltd (1591) | NT$496.86 Million | 0.51% | 0.10x | $42.14 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |