Sheh Kai Precision Co Ltd (2063) - Net Assets
Based on the latest financial reports, Sheh Kai Precision Co Ltd (2063) has net assets worth NT$915.49 Million TWD (≈ $28.84 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$1.92 Billion ≈ $60.50 Million USD) and total liabilities (NT$1.00 Billion ≈ $31.65 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 Sheh Kai Precision Co Ltd (2063) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$915.49 Million |
| % of Total Assets | 47.68% |
| Annual Growth Rate | 9.04% |
| 5-Year Change | 46.91% |
| 10-Year Change | 81.65% |
| Growth Volatility | 13.28 |
Sheh Kai Precision Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sheh Kai Precision Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 2063 asset base for the complete picture of this company's asset base.
Annual Net Assets for Sheh Kai Precision Co Ltd (2008–2024)
The table below shows the annual net assets of Sheh Kai Precision Co Ltd from 2008 to 2024. For live valuation and market cap data, see Sheh Kai Precision Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.11 Billion ≈ $35.04 Million |
+3.28% |
| 2023-12-31 | NT$1.08 Billion ≈ $33.93 Million |
+10.88% |
| 2022-12-31 | NT$971.27 Million ≈ $30.60 Million |
+26.18% |
| 2021-12-31 | NT$769.77 Million ≈ $24.25 Million |
+1.68% |
| 2020-12-31 | NT$757.05 Million ≈ $23.85 Million |
-1.32% |
| 2019-12-31 | NT$767.16 Million ≈ $24.17 Million |
+3.15% |
| 2018-12-31 | NT$743.73 Million ≈ $23.43 Million |
+7.53% |
| 2017-12-31 | NT$691.64 Million ≈ $21.79 Million |
+9.99% |
| 2016-12-31 | NT$628.80 Million ≈ $19.81 Million |
+2.70% |
| 2015-12-31 | NT$612.29 Million ≈ $19.29 Million |
-0.16% |
| 2014-12-31 | NT$613.25 Million ≈ $19.32 Million |
+5.89% |
| 2013-12-31 | NT$579.14 Million ≈ $18.25 Million |
-0.44% |
| 2012-12-31 | NT$581.70 Million ≈ $18.33 Million |
+2.64% |
| 2011-12-31 | NT$566.73 Million ≈ $17.86 Million |
+14.08% |
| 2010-12-31 | NT$496.79 Million ≈ $15.65 Million |
+53.25% |
| 2009-12-31 | NT$324.17 Million ≈ $10.21 Million |
+16.40% |
| 2008-12-31 | NT$278.48 Million ≈ $8.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sheh Kai Precision 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 142.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$120.29 Million | 10.82% |
| Other Components | NT$991.93 Million | 89.18% |
| Total Equity | NT$1.11 Billion | 100.00% |
Sheh Kai Precision Co Ltd Competitors by Market Cap
The table below lists competitors of Sheh Kai Precision Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avalon Advanced Materials Ltd
TO:AVL
|
$39.26 Million |
|
WinVest Acquisition Corp
NASDAQ:WINV
|
$39.27 Million |
|
Fortune Oriental Co Ltd
TW:2491
|
$39.27 Million |
|
Donaco International Ltd
AU:DNA
|
$39.30 Million |
|
Pacific Orient Bhd
KLSE:6009
|
$39.25 Million |
|
Chi Hua Fitness Co Ltd
TWO:1593
|
$39.23 Million |
|
Cuhadaroglu Metal Sanayi ve Pazarlama AS
IS:CUSAN
|
$39.23 Million |
|
Rompetrol Well
RO:PTR
|
$39.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sheh Kai Precision Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,076,901,000 to 1,112,213,000, a change of 35,312,000 (3.3%).
- Net income of 95,950,000 contributed positively to equity growth.
- Dividend payments of 223,201,000 reduced retained earnings.
- Share repurchases of 6,284,000 reduced equity.
- Other factors increased equity by 168,847,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$95.95 Million | +8.63% |
| Dividends Paid | NT$223.20 Million | -20.07% |
| Share Repurchases | NT$6.28 Million | -0.56% |
| Other Changes | NT$168.85 Million | +15.18% |
| Total Change | NT$- | 3.28% |
Book Value vs Market Value Analysis
This analysis compares Sheh Kai Precision 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: 1.14x
- 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 1.69x to 1.14x 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$15.37 | NT$25.90 | x |
| 2018-12-31 | NT$16.53 | NT$25.90 | x |
| 2019-12-31 | NT$16.99 | NT$25.90 | x |
| 2020-12-31 | NT$14.39 | NT$25.90 | x |
| 2021-12-31 | NT$14.47 | NT$25.90 | x |
| 2022-12-31 | NT$18.51 | NT$25.90 | x |
| 2023-12-31 | NT$21.71 | NT$25.90 | x |
| 2024-12-31 | NT$22.69 | NT$25.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sheh Kai Precision 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): 8.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.55%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.90x
- Recent ROE (8.63%) is below the historical average (16.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 17.59% | 9.08% | 0.82x | 2.37x | NT$21.14 Million |
| 2009 | 15.19% | 10.94% | 0.69x | 2.02x | NT$16.82 Million |
| 2010 | 22.24% | 14.56% | 0.80x | 1.91x | NT$60.81 Million |
| 2011 | 22.21% | 15.60% | 0.88x | 1.62x | NT$69.20 Million |
| 2012 | 8.57% | 7.21% | 0.76x | 1.56x | NT$-8.31 Million |
| 2013 | 7.71% | 8.05% | 0.56x | 1.72x | NT$-13.29 Million |
| 2014 | 12.24% | 10.67% | 0.64x | 1.80x | NT$13.77 Million |
| 2015 | 10.61% | 9.97% | 0.56x | 1.91x | NT$3.71 Million |
| 2016 | 9.85% | 8.03% | 0.60x | 2.04x | NT$-915.50K |
| 2017 | 17.13% | 12.51% | 0.65x | 2.10x | NT$49.30 Million |
| 2018 | 22.19% | 15.15% | 0.68x | 2.14x | NT$90.66 Million |
| 2019 | 19.73% | 13.54% | 0.68x | 2.15x | NT$74.62 Million |
| 2020 | 14.09% | 10.05% | 0.63x | 2.21x | NT$30.99 Million |
| 2021 | 19.38% | 10.34% | 0.73x | 2.56x | NT$72.18 Million |
| 2022 | 24.02% | 16.09% | 0.78x | 1.93x | NT$136.22 Million |
| 2023 | 22.80% | 17.18% | 0.72x | 1.85x | NT$137.80 Million |
| 2024 | 8.63% | 8.55% | 0.53x | 1.90x | NT$-15.27 Million |
Industry Comparison
This section compares Sheh Kai Precision Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $6,171,844,111
- Average return on equity (ROE) among peers: 10.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sheh Kai Precision Co Ltd (2063) | NT$915.49 Million | 17.59% | 1.10x | $39.25 Million |
| Basso Industry Corp (1527) | $3.31 Billion | 26.95% | 1.06x | $141.89 Million |
| Jenn Feng New Energy Co Ltd (1538) | $172.94 Million | -7.11% | 1.65x | $13.59 Million |
| Chang Type Industrial Co Ltd (1541) | $1.28 Billion | 19.69% | 1.43x | $59.46 Million |
| Kinik Co (1560) | $3.53 Billion | 17.13% | 0.69x | $2.50 Billion |
| De Poan Pneumatic (1570) | $773.37 Million | 6.19% | 0.23x | $61.09 Million |
| Inmax Holding Co Ltd (1591) | $503.34 Million | 17.07% | 0.25x | $77.80 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $86.26 Million |
| Hiwin Technologies Corp (2049) | $37.07 Billion | 5.32% | 0.47x | $3.48 Billion |
| Sheh Fung Screws Co Ltd (2065) | $1.78 Billion | 3.97% | 0.91x | $58.13 Million |
About Sheh Kai Precision Co Ltd
Sheh Kai Precision Co., Ltd. manufactures and sells bi metal screws, screw anchors, and screws in Taiwan, the United Kingdom, the United States, Australia, Germany, and internationally. The company offers bi-metal window, concrete, self tapping, self drilling, and wing screws, as well as self piercing and side lap screws; hammer and diamond drill bits, and dust caps; and bi-metal concrete screw a… Read more