We&Win Diversification Co Ltd (4113) - Net Assets
Based on the latest financial reports, We&Win Diversification Co Ltd (4113) has net assets worth NT$4.27 Billion TWD (≈ $134.43 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$15.84 Billion ≈ $499.11 Million USD) and total liabilities (NT$11.58 Billion ≈ $364.68 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 how resilient are We&Win Diversification Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.27 Billion |
| % of Total Assets | 26.93% |
| Annual Growth Rate | 2.13% |
| 5-Year Change | 22.36% |
| 10-Year Change | N/A |
| Growth Volatility | 16.3 |
We&Win Diversification Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how We&Win Diversification Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is We&Win Diversification Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for We&Win Diversification Co Ltd (2017–2025)
The table below shows the annual net assets of We&Win Diversification Co Ltd from 2017 to 2025. For live valuation and market cap data, see 4113 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.27 Billion ≈ $134.43 Million |
-5.69% |
| 2024-12-31 | NT$4.52 Billion ≈ $142.55 Million |
+45.34% |
| 2023-12-31 | NT$3.11 Billion ≈ $98.08 Million |
-4.48% |
| 2022-12-31 | NT$3.26 Billion ≈ $102.67 Million |
-6.55% |
| 2021-12-31 | NT$3.49 Billion ≈ $109.87 Million |
+2.06% |
| 2020-12-31 | NT$3.42 Billion ≈ $107.65 Million |
-3.01% |
| 2019-12-31 | NT$3.52 Billion ≈ $110.99 Million |
-5.57% |
| 2018-12-31 | NT$3.73 Billion ≈ $117.54 Million |
+3.47% |
| 2017-12-31 | NT$3.61 Billion ≈ $113.60 Million |
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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 53.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$345.37 Million | 8.09% |
| Other Components | NT$3.92 Billion | 91.91% |
| Total Equity | NT$4.27 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 |
|---|---|
|
Builddirect.com Tehcnologies Inc
V:BILD
|
$105.96 Million |
|
Spheria Emerging Companies Ltd
AU:SEC
|
$106.03 Million |
|
Kaiser Reef Ltd
AU:KAU
|
$106.03 Million |
|
Klingon Aerospace Inc
TW:1529
|
$106.03 Million |
|
Xtra-Gold Resources Corp
TO:XTG
|
$105.94 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$105.85 Million |
|
DPSC Limited
NSE:DPSCLTD
|
$105.84 Million |
|
Saga Pure ASA
OL:SAGA
|
$105.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in We&Win Diversification Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,524,531,000 to 4,266,893,000, a change of -257,638,000 (-5.7%).
- Net loss of 100,034,000 reduced equity.
- Dividend payments of 196,467,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-100.03 Million | -2.34% |
| Dividends Paid | NT$196.47 Million | -4.6% |
| Other Changes | NT$38.86 Million | +0.91% |
| Total Change | NT$- | -5.69% |
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: 0.79x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$17.08 | NT$14.55 | x |
| 2018-12-31 | NT$17.67 | NT$14.55 | x |
| 2019-12-31 | NT$16.69 | NT$14.55 | x |
| 2020-12-31 | NT$16.18 | NT$14.55 | x |
| 2021-12-31 | NT$16.50 | NT$14.55 | x |
| 2022-12-31 | NT$15.43 | NT$14.55 | x |
| 2023-12-31 | NT$14.74 | NT$14.55 | x |
| 2024-12-31 | NT$19.58 | NT$14.55 | x |
| 2025-12-31 | NT$18.46 | NT$14.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently We&Win Diversification Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.39%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 3.71x
- Recent ROE (-2.34%) is below the historical average (0.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.37% | 9.71% | 0.11x | 2.16x | NT$-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$318.36 Million |
| 2025 | -2.34% | -16.39% | 0.04x | 3.71x | NT$-526.72 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: $5,966,943,900
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| We&Win Diversification Co Ltd (4113) | NT$4.27 Billion | 2.37% | 2.71x | $105.95 Million |
| Tri Ocean Textile Co Ltd (1472) | $1.42 Billion | 9.97% | 0.87x | $147.67 Million |
| United Integrated Services Co Ltd (2404) | $4.36 Billion | 2.90% | 0.88x | $5.64 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $150.06 Million |
| BES Engineering Co (2515) | $20.42 Billion | 3.03% | 1.06x | $661.08 Million |
| New Asia Construction & Development Corp (2516) | $1.82 Billion | 2.97% | 2.45x | $97.31 Million |
| Delpha Construction Co Ltd (2530) | $2.85 Billion | 11.76% | 1.16x | $551.78 Million |
| Da-Cin Construction Co Ltd (2535) | $8.83 Billion | 13.87% | 1.48x | $590.36 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $783.30 Million |
| Kedge Construction Co Ltd (2546) | $2.53 Billion | 16.09% | 1.76x | $347.48 Million |
| Ruentex Engineering & Construction Co Ltd (2597) | $8.21 Billion | 22.43% | 1.12x | $1.54 Billion |
About 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