We&Win Diversification Co Ltd
We & Win Diversification Co., Ltd. engages in the rental and sale of real estate properties in Taiwan. It is also involved in the public facilities construction investment; new towns and community development; wholesale of medical equipment; and international trade businesses. The company was formerly known as Oncoprobe Biotech Inc. and changed its name to We & Win Diversification Co., Ltd. in 20… Read more
We&Win Diversification Co Ltd (4113) - Net Assets
Latest net assets as of September 2025: NT$4.29 Billion TWD
Based on the latest financial reports, We&Win Diversification Co Ltd (4113) has net assets worth NT$4.29 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$15.42 Billion) and total liabilities (NT$11.14 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$4.29 Billion |
| % of Total Assets | 27.8% |
| Annual Growth Rate | 3.3% |
| 5-Year Change | 32.42% |
| 10-Year Change | N/A |
| Growth Volatility | 17.05 |
We&Win Diversification Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how We&Win Diversification 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 We&Win Diversification Co Ltd (2017–2024)
The table below shows the annual net assets of We&Win Diversification Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.52 Billion | +45.34% |
| 2023-12-31 | NT$3.11 Billion | -4.48% |
| 2022-12-31 | NT$3.26 Billion | -6.55% |
| 2021-12-31 | NT$3.49 Billion | +2.06% |
| 2020-12-31 | NT$3.42 Billion | -3.01% |
| 2019-12-31 | NT$3.52 Billion | -5.57% |
| 2018-12-31 | NT$3.73 Billion | +3.47% |
| 2017-12-31 | NT$3.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to We&Win Diversification 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 3.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$716.59 Million | 15.84% |
| Other Components | NT$3.81 Billion | 84.16% |
| Total Equity | NT$4.52 Billion | 100.00% |
We&Win Diversification Co Ltd Competitors by Market Cap
The table below lists competitors of We&Win Diversification Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LAVIPHARM S.A. NA EO 1
F:BXA0
|
$73.07 Million |
|
Sri Rejeki Isman(Sritex)PT
JK:SRIL
|
$73.16 Million |
|
Hope Education Group Co. Ltd
F:HE1
|
$73.18 Million |
|
Abion Inc.
KQ:203400
|
$73.18 Million |
|
Samart Corporation Public Company Limited
BK:SAMART
|
$73.03 Million |
|
GE Power India Limited
NSE:GEPIL
|
$73.01 Million |
|
SUR TATIL EVLERI GMYO
IS:SURGY
|
$72.97 Million |
|
Venky's (India) Limited
NSE:VENKEYS
|
$72.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in We&Win Diversification Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,112,998,000 to 4,524,531,000, a change of 1,411,533,000 (45.3%).
- Net income of 770,812,000 contributed positively to equity growth.
- New share issuances of 638,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$770.81 Million | +17.04% |
| Share Issuances | NT$638.00 Million | +14.1% |
| Other Changes | NT$2.72 Million | +0.06% |
| Total Change | NT$- | 45.34% |
Book Value vs Market Value Analysis
This analysis compares We&Win Diversification 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: 0.95x
- 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 1.09x to 0.95x 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$17.08 | NT$18.60 | x |
| 2018-12-31 | NT$17.67 | NT$18.60 | x |
| 2019-12-31 | NT$16.69 | NT$18.60 | x |
| 2020-12-31 | NT$16.18 | NT$18.60 | x |
| 2021-12-31 | NT$16.50 | NT$18.60 | x |
| 2022-12-31 | NT$15.43 | NT$18.60 | x |
| 2023-12-31 | NT$14.74 | NT$18.60 | x |
| 2024-12-31 | NT$19.58 | NT$18.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently We&Win Diversification Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.49%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.92x
- Recent ROE (17.04%) is above the historical average (1.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.37% | 9.71% | 0.11x | 2.16x | NT$-275.12 Million |
| 2018 | 3.90% | 7.41% | 0.23x | 2.26x | NT$-227.67 Million |
| 2019 | -4.08% | -14.70% | 0.11x | 2.55x | NT$-496.06 Million |
| 2020 | -3.10% | -48.15% | 0.02x | 3.47x | NT$-447.59 Million |
| 2021 | 3.83% | 9.29% | 0.11x | 3.61x | NT$-215.07 Million |
| 2022 | -4.42% | -166.65% | 0.01x | 4.31x | NT$-470.09 Million |
| 2023 | -4.68% | -28.13% | 0.03x | 4.93x | NT$-457.03 Million |
| 2024 | 17.04% | 13.49% | 0.43x | 2.92x | NT$318.36 Million |
Industry Comparison
This section compares We&Win Diversification Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,870,247,600
- Average return on equity (ROE) among peers: 5.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| We&Win Diversification Co Ltd (4113) | NT$4.29 Billion | 2.37% | 2.60x | $73.03 Million |
| Tri Ocean Textile Co Ltd (1472) | $1.42 Billion | 9.97% | 0.87x | $50.18 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $124.74 Million | 2.15% | 1.35x | $1.52 Million |
| United Integrated Services Co Ltd (2404) | $2.42 Billion | 0.00% | 0.58x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $7.14 Billion | 0.00% | 0.97x | $61.87 Million |
| BES Engineering Co (2515) | $23.30 Billion | 2.68% | 1.41x | $617.56 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $81.96 Million |
| Delpha Construction Co Ltd (2530) | $10.52 Billion | 4.29% | 0.93x | $261.22 Million |
| Da-Cin Construction Co Ltd (2535) | $9.43 Billion | 12.60% | 1.41x | $427.09 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $501.31 Million |
| Kedge Construction Co Ltd (2546) | $850.58 Million | 9.16% | 1.28x | $163.62 Million |