Nww Manufacturing Co., Ltd.

TWO:2245 Taiwan Auto Parts
Market Cap
$28.01 Million
NT$926.64 Million TWD
Market Cap Rank
#29118 Global
#1817 in Taiwan
Share Price
NT$28.60
Change (1 day)
-1.04%
52-Week Range
NT$24.95 - NT$31.10
All Time High
NT$31.10
About

Nww Manufacturing Co., Ltd. manufactures and sells automobile ignition wire assemblies and coil-related components. Its products include ignition rubber boots, ignition cables, PBT tubes, terminals, distributor caps, ignition coil-on-plug boots, and other assembly parts. The company was formerly known as News World Wu Company and changed its name to Nww Manufacturing Co., Ltd. in January 2022. Nw… Read more

Nww Manufacturing Co., Ltd. (2245) - Net Assets

Latest net assets as of June 2025: NT$544.49 Million TWD

Based on the latest financial reports, Nww Manufacturing Co., Ltd. (2245) has net assets worth NT$544.49 Million TWD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$861.23 Million) and total liabilities (NT$316.74 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$544.49 Million
% of Total Assets 63.22%
Annual Growth Rate 10.69%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 3.32

Nww Manufacturing Co., Ltd. - Net Assets Trend (2020–2024)

This chart illustrates how Nww Manufacturing 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 Nww Manufacturing Co., Ltd. (2020–2024)

The table below shows the annual net assets of Nww Manufacturing Co., Ltd. from 2020 to 2024.

Year Net Assets Change
2024-12-31 NT$539.07 Million +14.72%
2023-12-31 NT$469.88 Million +8.34%
2022-12-31 NT$433.72 Million +13.21%
2021-12-31 NT$383.12 Million +6.71%
2020-12-31 NT$359.04 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nww Manufacturing 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 109.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$303.46 Million 56.29%
Common Stock NT$135.00 Million 25.04%
Other Comprehensive Income NT$66.10 Million 12.26%
Other Components NT$34.52 Million 6.40%
Total Equity NT$539.07 Million 100.00%

Nww Manufacturing Co., Ltd. Competitors by Market Cap

The table below lists competitors of Nww Manufacturing Co., Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nww Manufacturing Co., Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 469,884,000 to 539,074,000, a change of 69,190,000 (14.7%).
  • Net income of 99,835,000 contributed positively to equity growth.
  • Dividend payments of 33,750,000 reduced retained earnings.
  • Other comprehensive income increased equity by 5,524,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$99.83 Million +18.52%
Dividends Paid NT$33.75 Million -6.26%
Other Comprehensive Income NT$5.52 Million +1.02%
Other Changes NT$-2.42 Million -0.45%
Total Change NT$- 14.72%

Book Value vs Market Value Analysis

This analysis compares Nww Manufacturing 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: 0.72x
  • 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 1.08x to 0.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 NT$26.55 NT$28.60 x
2021-12-31 NT$28.33 NT$28.60 x
2022-12-31 NT$32.05 NT$28.60 x
2023-12-31 NT$34.73 NT$28.60 x
2024-12-31 NT$39.86 NT$28.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nww Manufacturing 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): 18.52%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 23.96%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.62x
  • Recent ROE (18.52%) is above the historical average (14.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 8.59% 8.71% 0.47x 2.12x NT$-5.07 Million
2021 13.74% 13.06% 0.50x 2.12x NT$14.32 Million
2022 15.49% 17.38% 0.41x 2.19x NT$23.80 Million
2023 14.96% 17.60% 0.42x 2.01x NT$23.32 Million
2024 18.52% 23.96% 0.48x 1.62x NT$45.93 Million

Industry Comparison

This section compares Nww Manufacturing 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
Nww Manufacturing Co., Ltd. (2245) NT$544.49 Million 8.59% 0.58x $8.77 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