I Yuan Precision Ind Co Ltd

TWO:2235 Taiwan Auto Parts
Market Cap
$37.95 Million
NT$1.26 Billion TWD
Market Cap Rank
#27352 Global
#1732 in Taiwan
Share Price
NT$35.00
Change (1 day)
+0.00%
52-Week Range
NT$33.00 - NT$50.80
All Time High
NT$86.55
About

I Yuan Precision Industrial Co., Ltd. manufactures, processes, trades in, imports, and exports auto parts and components in Taiwan, Asia, America, and Europe. It offers electric fans for heat dissipation and cooling of automobile engine water tank; air supply motors used in automobile heating and cooling systems; lift motors used in car doors to control the lifting and lowering of glass windows; … Read more

I Yuan Precision Ind Co Ltd (2235) - Net Assets

Latest net assets as of September 2025: NT$1.22 Billion TWD

Based on the latest financial reports, I Yuan Precision Ind Co Ltd (2235) has net assets worth NT$1.22 Billion 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$1.41 Billion) and total liabilities (NT$184.00 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$1.22 Billion
% of Total Assets 86.91%
Annual Growth Rate 3.27%
5-Year Change 3.18%
10-Year Change N/A
Growth Volatility 10.5

I Yuan Precision Ind Co Ltd - Net Assets Trend (2015–2024)

This chart illustrates how I Yuan Precision Ind 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 I Yuan Precision Ind Co Ltd (2015–2024)

The table below shows the annual net assets of I Yuan Precision Ind Co Ltd from 2015 to 2024.

Year Net Assets Change
2024-12-31 NT$1.31 Billion +0.49%
2023-12-31 NT$1.30 Billion -4.11%
2022-12-31 NT$1.36 Billion +8.96%
2021-12-31 NT$1.24 Billion -1.72%
2020-12-31 NT$1.27 Billion -2.68%
2019-12-31 NT$1.30 Billion +0.14%
2018-12-31 NT$1.30 Billion +31.68%
2017-12-31 NT$986.94 Million -1.25%
2016-12-31 NT$999.38 Million +2.12%
2015-12-31 NT$978.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to I Yuan Precision Ind 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 40.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$271.57 Million 20.78%
Other Components NT$1.04 Billion 79.22%
Total Equity NT$1.31 Billion 100.00%

I Yuan Precision Ind Co Ltd Competitors by Market Cap

The table below lists competitors of I Yuan Precision Ind Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in I Yuan Precision Ind Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,300,552,000 to 1,306,868,000, a change of 6,316,000 (0.5%).
  • Net income of 95,846,000 contributed positively to equity growth.
  • Dividend payments of 89,695,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$95.85 Million +7.33%
Dividends Paid NT$89.69 Million -6.86%
Other Changes NT$165.00K +0.01%
Total Change NT$- 0.49%

Book Value vs Market Value Analysis

This analysis compares I Yuan Precision Ind 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: 0.96x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.13x to 0.96x 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$30.96 NT$35.00 x
2018-12-31 NT$36.22 NT$35.00 x
2019-12-31 NT$36.25 NT$35.00 x
2020-12-31 NT$35.27 NT$35.00 x
2021-12-31 NT$34.67 NT$35.00 x
2022-12-31 NT$37.74 NT$35.00 x
2023-12-31 NT$36.25 NT$35.00 x
2024-12-31 NT$36.43 NT$35.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently I Yuan Precision Ind 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): 7.33%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.20%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.17x
  • Recent ROE (7.33%) is below the historical average (10.22%), 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 20.28% 22.68% 0.59x 1.51x NT$100.57 Million
2016 18.01% 20.00% 0.60x 1.49x NT$80.09 Million
2017 11.24% 13.66% 0.49x 1.69x NT$12.25 Million
2018 8.26% 13.74% 0.50x 1.20x NT$-22.61 Million
2019 8.51% 13.97% 0.45x 1.35x NT$-19.39 Million
2020 5.69% 10.18% 0.42x 1.32x NT$-54.62 Million
2021 4.10% 7.25% 0.33x 1.71x NT$-73.38 Million
2022 12.14% 22.78% 0.34x 1.58x NT$29.09 Million
2023 6.67% 14.80% 0.34x 1.32x NT$-43.26 Million
2024 7.33% 16.20% 0.39x 1.17x NT$-34.84 Million

Industry Comparison

This section compares I Yuan Precision Ind Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $4,045,310,500
  • Average return on equity (ROE) among peers: -15.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
I Yuan Precision Ind Co Ltd (2235) NT$1.22 Billion 20.28% 0.15x $13.08 Million
Tong Yang Industry Co Ltd (1319) $15.19 Billion 7.81% 0.84x $989.33 Million
Taihan Precision Technology Co Ltd (1336) $1.60 Billion 6.32% 0.51x $21.32 Million
Hiroca Holdings Ltd (1338) $6.57 Billion 4.49% 0.58x $25.70 Million
Y.C.C. Parts MFG Co Ltd (1339) $3.59 Billion 3.28% 0.48x $26.01 Million
Right Way Industrial Co Ltd (1506) $1.32 Billion 0.00% 1.41x $45.05 Million
Jui Li Enterprise Co Ltd (1512) $75.41 Million -204.20% 22.29x $15.44 Million
Ta Yih Industrial Co Ltd (1521) $1.26 Billion 4.47% 0.94x $18.35 Million
TYC Brother Industrial Co Ltd (1522) $4.32 Billion 1.93% 2.05x $174.92 Million
Gordon Auto Body Parts Co Ltd (1524) $2.11 Billion 10.49% 1.30x $89.90 Million
Kian Shen Corp (1525) $4.44 Billion 6.91% 0.20x $31.87 Million