Chia Yi Steel Co Ltd (2067) - Net Assets
Based on the latest financial reports, Chia Yi Steel Co Ltd (2067) has net assets worth NT$320.42 Million TWD (≈ $10.09 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 ≈ $60.44 Million USD) and total liabilities (NT$1.60 Billion ≈ $50.34 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 asset resilience ratio of Chia Yi Steel Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore Chia Yi Steel Co Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Chia Yi Steel Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$296.62 Million ≈ $9.35 Million |
-27.58% |
| 2023-12-31 | NT$409.58 Million ≈ $12.90 Million |
-12.57% |
| 2022-12-31 | NT$468.46 Million ≈ $14.76 Million |
-7.74% |
| 2021-12-31 | NT$507.75 Million ≈ $16.00 Million |
+0.35% |
| 2020-12-31 | NT$505.99 Million ≈ $15.94 Million |
-6.58% |
| 2019-12-31 | NT$541.62 Million ≈ $17.06 Million |
-4.87% |
| 2018-12-31 | NT$569.35 Million ≈ $17.94 Million |
+14.45% |
| 2017-12-31 | NT$497.48 Million ≈ $15.67 Million |
+8.60% |
| 2016-12-31 | NT$458.07 Million ≈ $14.43 Million |
+9.17% |
| 2015-12-31 | NT$419.61 Million ≈ $13.22 Million |
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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 |
|---|---|
|
ICG Enterprise Trust PLC
LSE:ICGT
|
$10.28 Million |
|
Pineapple Resources Bhd
KLSE:0006
|
$10.29 Million |
|
NORTHERN FREEGOLD
F:8N6
|
$10.30 Million |
|
Akora Resources Ltd
AU:AKO
|
$10.31 Million |
|
Cemtrex Inc
NASDAQ:CETX
|
$10.28 Million |
|
BEDFORD METALS CORP.
F:O8D
|
$10.28 Million |
|
Kordellos Ch. Bros S.A
AT:KORDE
|
$10.27 Million |
|
Intelligent Group Limited Ordinary Shares
NASDAQ:INTJ
|
$10.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chia Yi Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 351,431,000 to 237,088,000, a change of -114,343,000 (-32.5%).
- Net loss of 123,480,000 reduced equity.
- Other factors increased equity by 9,137,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.38x
- 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 0.70x to 1.38x 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$7.23 | x |
| 2018-12-31 | NT$11.75 | NT$7.23 | x |
| 2019-12-31 | NT$10.20 | NT$7.23 | x |
| 2020-12-31 | NT$9.44 | NT$7.23 | x |
| 2021-12-31 | NT$9.11 | NT$7.23 | x |
| 2022-12-31 | NT$8.61 | NT$7.23 | x |
| 2023-12-31 | NT$7.79 | NT$7.23 | x |
| 2024-12-31 | NT$5.25 | NT$7.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chia Yi Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -52.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.25%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 7.90x
- Recent ROE (-52.08%) is below the historical average (-12.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -21.58% | -9.81% | 0.69x | 3.18x | NT$-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: $10,446,861,667
- Average return on equity (ROE) among peers: 8.36%
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 | $10.28 Million |
| Lee Chi Enterprises Co Ltd (1517) | $3.36 Billion | -1.22% | 0.39x | $72.08 Million |
| China Metal Products Co Ltd (1532) | $16.55 Billion | 4.08% | 1.13x | $273.44 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $2.41 Billion | 10.93% | 1.42x | $262.68 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.37 Billion | 1.46% | 1.66x | $69.25 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $2.60 Billion | 3.01% | 1.48x | $23.79 Million |
| Solar Applied Materials Technology (1785) | $8.00 Billion | 12.99% | 1.66x | $3.11 Billion |
| CX Technology Corp (2415) | $1.47 Billion | 8.73% | 1.22x | $75.42 Million |
| Catcher Technology Co Ltd (2474) | $56.00 Billion | 19.06% | 0.59x | $3.70 Billion |
| Univacco Technology (3303) | $2.27 Billion | 16.17% | 0.63x | $144.40 Million |
About 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