Chia Yi Steel Co Ltd
Chia Yi Steel Co., Ltd. manufactures and supplies castings for automobile parts sector in Asia, Europe, and the United States. The company provides jack's parts, hydraulic valves, rolling rotors, carrier support, construction machinery parts, agriculture machinery parts, marine transmission parts, crane and hoist parts, engine parts, transmission parts, brake system parts, spring brackets, railro… Read more
Chia Yi Steel Co Ltd (2067) - Net Assets
Latest net assets as of September 2025: NT$320.42 Million TWD
Based on the latest financial reports, Chia Yi Steel Co Ltd (2067) has net assets worth NT$320.42 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$1.92 Billion) and total liabilities (NT$1.60 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$320.42 Million |
| % of Total Assets | 16.7% |
| Annual Growth Rate | -3.78% |
| 5-Year Change | -41.38% |
| 10-Year Change | N/A |
| Growth Volatility | 12.17 |
Chia Yi Steel Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Chia Yi Steel 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 Chia Yi Steel Co Ltd (2015–2024)
The table below shows the annual net assets of Chia Yi Steel Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$296.62 Million | -27.58% |
| 2023-12-31 | NT$409.58 Million | -12.57% |
| 2022-12-31 | NT$468.46 Million | -7.74% |
| 2021-12-31 | NT$507.75 Million | +0.35% |
| 2020-12-31 | NT$505.99 Million | -6.58% |
| 2019-12-31 | NT$541.62 Million | -4.87% |
| 2018-12-31 | NT$569.35 Million | +14.45% |
| 2017-12-31 | NT$497.48 Million | +8.60% |
| 2016-12-31 | NT$458.07 Million | +9.17% |
| 2015-12-31 | NT$419.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chia Yi Steel 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 17692900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$445.00 Million | 187.69% |
| Total Equity | NT$237.09 Million | 100.00% |
Chia Yi Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Chia Yi Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret
IS:SMRTG
|
$4.93 Million |
|
Paranapanema S.A
SA:PMAM3
|
$4.93 Million |
|
GROUNDS R.EST. NA O.N.
F:AMMN
|
$4.93 Million |
|
ViroGates A/S
CO:VIRO
|
$4.93 Million |
|
PT Cipta Perdana Lancar Tbk
JK:PART
|
$4.93 Million |
|
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG
|
$4.93 Million |
|
Brisbane Broncos Ltd
AU:BBL
|
$4.93 Million |
|
Pure Bioscience Inc
PINK:PURE
|
$4.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chia Yi Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 351,431,000 to 237,088,000, a change of -114,343,000 (-32.5%).
- Net loss of 123,480,000 reduced equity.
- Other factors increased equity by 9,137,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-123.48 Million | -52.08% |
| Other Changes | NT$9.14 Million | +3.85% |
| Total Change | NT$- | -32.54% |
Book Value vs Market Value Analysis
This analysis compares Chia Yi Steel 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: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.76x to 1.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$10.40 | NT$7.89 | x |
| 2018-12-31 | NT$11.75 | NT$7.89 | x |
| 2019-12-31 | NT$10.20 | NT$7.89 | x |
| 2020-12-31 | NT$9.44 | NT$7.89 | x |
| 2021-12-31 | NT$9.11 | NT$7.89 | x |
| 2022-12-31 | NT$8.61 | NT$7.89 | x |
| 2023-12-31 | NT$7.79 | NT$7.89 | x |
| 2024-12-31 | NT$5.25 | NT$7.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chia Yi Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -52.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.25%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 7.90x
- Recent ROE (-52.08%) is below the historical average (-12.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -21.58% | -9.81% | 0.69x | 3.18x | NT$-123.80 Million |
| 2016 | -6.93% | -2.95% | 0.75x | 3.13x | NT$-72.64 Million |
| 2017 | -11.07% | -4.10% | 0.91x | 2.97x | NT$-98.30 Million |
| 2018 | 12.06% | 4.53% | 0.99x | 2.68x | NT$10.96 Million |
| 2019 | -12.27% | -6.39% | 0.59x | 3.24x | NT$-102.57 Million |
| 2020 | -9.35% | -5.53% | 0.48x | 3.51x | NT$-82.50 Million |
| 2021 | -2.64% | -1.10% | 0.54x | 4.47x | NT$-51.97 Million |
| 2022 | -7.16% | -2.25% | 0.62x | 5.10x | NT$-66.73 Million |
| 2023 | -9.80% | -2.97% | 0.63x | 5.22x | NT$-69.58 Million |
| 2024 | -52.08% | -12.25% | 0.54x | 7.90x | NT$-147.19 Million |
Industry Comparison
This section compares Chia Yi Steel Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,509,405,667
- Average return on equity (ROE) among peers: 8.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chia Yi Steel Co Ltd (2067) | NT$320.42 Million | -21.58% | 4.99x | $4.93 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 |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $49.06 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 |
| 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 |