Sumeeko Industries Co Ltd (2066) - Net Assets
Based on the latest financial reports, Sumeeko Industries Co Ltd (2066) has net assets worth NT$2.12 Billion TWD (≈ $66.67 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.75 Billion ≈ $118.04 Million USD) and total liabilities (NT$1.63 Billion ≈ $51.37 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 2066 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.12 Billion |
| % of Total Assets | 56.48% |
| Annual Growth Rate | 7.08% |
| 5-Year Change | 58.97% |
| 10-Year Change | 98.21% |
| Growth Volatility | 53.95 |
Sumeeko Industries Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Sumeeko Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sumeeko Industries Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sumeeko Industries Co Ltd (2015–2025)
The table below shows the annual net assets of Sumeeko Industries Co Ltd from 2015 to 2025. For live valuation and market cap data, see market value of Sumeeko Industries Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.12 Billion ≈ $66.67 Million |
-5.11% |
| 2024-12-31 | NT$2.23 Billion ≈ $70.26 Million |
+17.28% |
| 2023-12-31 | NT$1.90 Billion ≈ $59.91 Million |
+6.07% |
| 2022-12-31 | NT$1.79 Billion ≈ $56.48 Million |
+34.67% |
| 2021-12-31 | NT$1.33 Billion ≈ $41.94 Million |
+13.43% |
| 2020-12-31 | NT$1.17 Billion ≈ $36.97 Million |
-59.79% |
| 2019-12-31 | NT$2.92 Billion ≈ $91.95 Million |
+163.66% |
| 2018-12-31 | NT$1.11 Billion ≈ $34.87 Million |
+4.86% |
| 2017-12-31 | NT$1.06 Billion ≈ $33.26 Million |
-1.13% |
| 2016-12-31 | NT$1.07 Billion ≈ $33.64 Million |
+0.01% |
| 2015-12-31 | NT$1.07 Billion ≈ $33.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sumeeko Industries 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 68.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$936.16 Million | 44.24% |
| Other Components | NT$1.18 Billion | 55.76% |
| Total Equity | NT$2.12 Billion | 100.00% |
Sumeeko Industries Co Ltd Competitors by Market Cap
The table below lists competitors of Sumeeko Industries Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Igis Residence Reit Co Ltd
KO:350520
|
$86.19 Million |
|
Thanh Cong Textile Garment Investment Trading JSC
VN:TCM
|
$86.20 Million |
|
AI TRANSPORTATION ACQUISITION CORP Ordinary shares
NASDAQ:AITR
|
$86.22 Million |
|
PT Surya Pertiwi Tbk
JK:SPTO
|
$86.22 Million |
|
IF Bancorp Inc
NASDAQ:IROQ
|
$86.17 Million |
|
IokCompany Co. Ltd
KQ:078860
|
$86.15 Million |
|
OPPSTAR
KLSE:0275
|
$86.15 Million |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
$86.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sumeeko Industries Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,230,071,000 to 2,116,212,000, a change of -113,859,000 (-5.1%).
- Net income of 59,242,000 contributed positively to equity growth.
- Dividend payments of 133,323,000 reduced retained earnings.
- Share repurchases of 16,753,000 reduced equity.
- Other factors decreased equity by 23,025,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$59.24 Million | +2.8% |
| Dividends Paid | NT$133.32 Million | -6.3% |
| Share Repurchases | NT$16.75 Million | -0.79% |
| Other Changes | NT$-23.02 Million | -1.09% |
| Total Change | NT$- | -5.11% |
Book Value vs Market Value Analysis
This analysis compares Sumeeko Industries 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: 1.29x
- 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 2.14x to 1.29x 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$28.92 | NT$61.90 | x |
| 2018-12-31 | NT$29.74 | NT$61.90 | x |
| 2019-12-31 | NT$31.14 | NT$61.90 | x |
| 2020-12-31 | NT$30.88 | NT$61.90 | x |
| 2021-12-31 | NT$34.44 | NT$61.90 | x |
| 2022-12-31 | NT$40.25 | NT$61.90 | x |
| 2023-12-31 | NT$40.65 | NT$61.90 | x |
| 2024-12-31 | NT$49.82 | NT$61.90 | x |
| 2025-12-31 | NT$47.89 | NT$61.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sumeeko Industries 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): 2.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.38%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.77x
- Recent ROE (2.80%) is below the historical average (14.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 24.05% | 19.84% | 0.97x | 1.25x | NT$149.97 Million |
| 2016 | 20.57% | 17.16% | 0.76x | 1.58x | NT$112.82 Million |
| 2017 | 16.16% | 12.76% | 0.63x | 2.00x | NT$65.04 Million |
| 2018 | 14.19% | 7.75% | 0.66x | 2.76x | NT$45.23 Million |
| 2019 | 14.50% | 6.73% | 0.83x | 2.59x | NT$50.76 Million |
| 2020 | 8.17% | 4.57% | 0.81x | 2.21x | NT$-20.43 Million |
| 2021 | 11.47% | 6.27% | 0.77x | 2.38x | NT$18.33 Million |
| 2022 | 17.31% | 10.37% | 0.89x | 1.88x | NT$124.88 Million |
| 2023 | 17.35% | 11.88% | 0.81x | 1.80x | NT$139.75 Million |
| 2024 | 11.87% | 9.59% | 0.70x | 1.77x | NT$41.73 Million |
| 2025 | 2.80% | 2.38% | 0.67x | 1.77x | NT$-152.38 Million |
Industry Comparison
This section compares Sumeeko Industries Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,027,838,800
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sumeeko Industries Co Ltd (2066) | NT$2.12 Billion | 24.05% | 0.77x | $86.18 Million |
| Basso Industry Corp (1527) | $2.57 Billion | 28.00% | 0.39x | $144.94 Million |
| Jenn Feng New Energy Co Ltd (1538) | $1.77 Billion | 2.37% | 1.22x | $12.21 Million |
| Chang Type Industrial Co Ltd (1541) | $1.14 Billion | 11.82% | 1.52x | $52.38 Million |
| Kinik Co (1560) | $3.63 Billion | 12.54% | 0.62x | $3.19 Billion |
| De Poan Pneumatic (1570) | $735.46 Million | 11.36% | 0.20x | $68.47 Million |
| Inmax Holding Co Ltd (1591) | $368.90 Million | 0.51% | 0.70x | $37.34 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $4.39 Billion | 12.27% | 0.42x | $82.75 Million |
| Hiwin Technologies Corp (2049) | $13.67 Billion | 17.59% | 1.22x | $3.62 Billion |
| Sheh Kai Precision Co Ltd (2063) | $919.54 Million | 8.98% | 1.14x | $37.58 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.07 Billion | 3.57% | 0.35x | $69.64 Million |
About Sumeeko Industries Co Ltd
Sumeeko Industries Co., Ltd. provides metal parts in the United States of America, Europe, Asia, Taiwan, and internationally. The company offers fasteners for powertrains, braking and safety systems, and body assemblies, as well as screws, bolts, nuts, plugs, aluminum sliders, stampings, and other parts. It serves automotive, machinery, construction, appliances, and other industries. The company … Read more