I Yuan Precision Ind Co Ltd (2235) - Net Assets
Based on the latest financial reports, I Yuan Precision Ind Co Ltd (2235) has net assets worth NT$1.22 Billion TWD (≈ $38.47 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$1.41 Billion ≈ $44.27 Million USD) and total liabilities (NT$184.00 Million ≈ $5.80 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 I Yuan Precision Ind Co Ltd (2235) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore 2235 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is I Yuan Precision Ind Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.31 Billion ≈ $41.17 Million |
+0.49% |
| 2023-12-31 | NT$1.30 Billion ≈ $40.97 Million |
-4.11% |
| 2022-12-31 | NT$1.36 Billion ≈ $42.73 Million |
+8.96% |
| 2021-12-31 | NT$1.24 Billion ≈ $39.21 Million |
-1.72% |
| 2020-12-31 | NT$1.27 Billion ≈ $39.90 Million |
-2.68% |
| 2019-12-31 | NT$1.30 Billion ≈ $41.00 Million |
+0.14% |
| 2018-12-31 | NT$1.30 Billion ≈ $40.94 Million |
+31.68% |
| 2017-12-31 | NT$986.94 Million ≈ $31.09 Million |
-1.25% |
| 2016-12-31 | NT$999.38 Million ≈ $31.49 Million |
+2.12% |
| 2015-12-31 | NT$978.61 Million ≈ $30.83 Million |
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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.
| Company | Market Cap |
|---|---|
|
Sangsin Brake
KO:041650
|
$36.74 Million |
|
Phunware Inc
NASDAQ:PHUN
|
$36.74 Million |
|
Farm Pride Foods Ltd
AU:FRM
|
$36.74 Million |
|
Daewoo Elec Co
KO:009320
|
$36.75 Million |
|
CNTus Sungjin Co. Ltd.
KQ:352700
|
$36.73 Million |
|
Mindax Ltd
AU:MDX
|
$36.72 Million |
|
Can Don Hydro Power JSC
VN:SJD
|
$36.70 Million |
|
LightInTheBox Holding Co Ltd ARD
NYSE:LITB
|
$36.69 Million |
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: 0.89x
- 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 1.05x to 0.89x 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$32.50 | x |
| 2018-12-31 | NT$36.22 | NT$32.50 | x |
| 2019-12-31 | NT$36.25 | NT$32.50 | x |
| 2020-12-31 | NT$35.27 | NT$32.50 | x |
| 2021-12-31 | NT$34.67 | NT$32.50 | x |
| 2022-12-31 | NT$37.74 | NT$32.50 | x |
| 2023-12-31 | NT$36.25 | NT$32.50 | x |
| 2024-12-31 | NT$36.43 | NT$32.50 | 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: $3,947,219,200
- Average return on equity (ROE) among peers: 6.38%
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 | $36.74 Million |
| Tong Yang Industry Co Ltd (1319) | $11.24 Billion | 5.63% | 1.19x | $1.39 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.66 Billion | 6.42% | 0.51x | $33.99 Million |
| Hiroca Holdings Ltd (1338) | $6.78 Billion | 8.05% | 0.47x | $41.60 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.82 Billion | 10.71% | 0.45x | $95.75 Million |
| Right Way Industrial Co Ltd (1506) | $1.21 Billion | -6.78% | 1.25x | $102.21 Million |
| Jui Li Enterprise Co Ltd (1512) | $1.99 Billion | 0.51% | 0.82x | $23.14 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.90 Billion | 18.96% | 0.91x | $59.68 Million |
| TYC Brother Industrial Co Ltd (1522) | $5.71 Billion | 9.68% | 1.73x | $304.19 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.06 Billion | 0.30% | 1.75x | $146.61 Million |
| Kian Shen Corp (1525) | $3.11 Billion | 10.29% | 0.23x | $146.38 Million |
About I Yuan Precision Ind Co Ltd
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