Pacific Hospital Supply Co Ltd

TWO:4126 Taiwan Medical Instruments & Supplies
Market Cap
$180.81 Million
NT$5.98 Billion TWD
Market Cap Rank
#17156 Global
#697 in Taiwan
Share Price
NT$82.40
Change (1 day)
+1.23%
52-Week Range
NT$79.80 - NT$95.90
All Time High
NT$98.70
About

Pacific Hospital Supply Co., Ltd., together with its subsidiaries, manufactures, processes, and sells medical disposable products and equipment in Taiwan. The company's disposable medical devices include tubings, bags, bottles, closed wound drainage systems, surgical suction instruments, respiratory therapy products, and other products. It also provides medical gas systems, such as medical gas ou… Read more

Pacific Hospital Supply Co Ltd (4126) - Net Assets

Latest net assets as of September 2025: NT$2.87 Billion TWD

Based on the latest financial reports, Pacific Hospital Supply Co Ltd (4126) has net assets worth NT$2.87 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$3.78 Billion) and total liabilities (NT$904.27 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$2.87 Billion
% of Total Assets 76.07%
Annual Growth Rate 6.81%
5-Year Change 12.55%
10-Year Change 45.49%
Growth Volatility 5.57

Pacific Hospital Supply Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Pacific Hospital Supply 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 Pacific Hospital Supply Co Ltd (2009–2024)

The table below shows the annual net assets of Pacific Hospital Supply Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 NT$2.94 Billion +3.84%
2023-12-31 NT$2.83 Billion +4.30%
2022-12-31 NT$2.72 Billion +0.42%
2021-12-31 NT$2.71 Billion +3.50%
2020-12-31 NT$2.61 Billion +2.44%
2019-12-31 NT$2.55 Billion +10.41%
2018-12-31 NT$2.31 Billion +2.25%
2017-12-31 NT$2.26 Billion +3.22%
2016-12-31 NT$2.19 Billion +8.29%
2015-12-31 NT$2.02 Billion +9.73%
2014-12-31 NT$1.84 Billion +9.51%
2013-12-31 NT$1.68 Billion +2.48%
2012-12-31 NT$1.64 Billion +8.80%
2011-12-31 NT$1.51 Billion +11.90%
2010-12-31 NT$1.35 Billion +23.12%
2009-12-31 NT$1.10 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Pacific Hospital Supply 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 14569.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$1.35 Billion 45.73%
Other Components NT$1.60 Billion 54.27%
Total Equity NT$2.94 Billion 100.00%

Pacific Hospital Supply Co Ltd Competitors by Market Cap

The table below lists competitors of Pacific Hospital Supply Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pacific Hospital Supply Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,833,559,000 to 2,942,226,000, a change of 108,667,000 (3.8%).
  • Net income of 447,846,000 contributed positively to equity growth.
  • Dividend payments of 348,480,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 483,771,000.
  • Other factors increased equity by 493,072,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$447.85 Million +15.22%
Dividends Paid NT$348.48 Million -11.84%
Other Comprehensive Income NT$-483.77 Million -16.44%
Other Changes NT$493.07 Million +16.76%
Total Change NT$- 3.84%

Book Value vs Market Value Analysis

This analysis compares Pacific Hospital Supply 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: 2.03x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 6.15x to 2.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 NT$13.40 NT$82.40 x
2010-12-31 NT$16.20 NT$82.40 x
2011-12-31 NT$20.69 NT$82.40 x
2012-12-31 NT$22.51 NT$82.40 x
2013-12-31 NT$23.08 NT$82.40 x
2014-12-31 NT$25.24 NT$82.40 x
2015-12-31 NT$27.69 NT$82.40 x
2016-12-31 NT$30.02 NT$82.40 x
2017-12-31 NT$31.01 NT$82.40 x
2018-12-31 NT$31.69 NT$82.40 x
2019-12-31 NT$34.96 NT$82.40 x
2020-12-31 NT$35.82 NT$82.40 x
2021-12-31 NT$37.07 NT$82.40 x
2022-12-31 NT$37.20 NT$82.40 x
2023-12-31 NT$38.78 NT$82.40 x
2024-12-31 NT$40.53 NT$82.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pacific Hospital Supply 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): 15.22%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.10%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.32x
  • Recent ROE (15.22%) is above the historical average (15.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 -1.16% -1.12% 0.78x 1.33x NT$-122.27 Million
2010 25.50% 27.55% 0.76x 1.22x NT$209.03 Million
2011 21.42% 24.06% 0.76x 1.18x NT$172.34 Million
2012 19.09% 21.79% 0.73x 1.21x NT$149.25 Million
2013 19.13% 22.29% 0.71x 1.20x NT$153.61 Million
2014 17.74% 21.70% 0.67x 1.22x NT$142.70 Million
2015 17.37% 21.66% 0.61x 1.32x NT$149.08 Million
2016 15.19% 19.69% 0.51x 1.52x NT$113.67 Million
2017 10.49% 13.67% 0.48x 1.61x NT$11.05 Million
2018 9.36% 11.87% 0.51x 1.55x NT$-14.76 Million
2019 17.99% 22.50% 0.52x 1.55x NT$203.94 Million
2020 12.58% 15.14% 0.55x 1.51x NT$67.32 Million
2021 14.28% 19.14% 0.53x 1.40x NT$115.87 Million
2022 12.20% 15.17% 0.60x 1.34x NT$59.73 Million
2023 14.85% 18.14% 0.62x 1.33x NT$137.44 Million
2024 15.22% 19.10% 0.60x 1.32x NT$153.62 Million

Industry Comparison

This section compares Pacific Hospital Supply Co Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.

Industry Context

  • Industry: Medical Instruments & Supplies
  • Average net assets among peers: $1,744,563,333
  • Average return on equity (ROE) among peers: 10.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pacific Hospital Supply Co Ltd (4126) NT$2.87 Billion -1.16% 0.31x $128.74 Million
St.Shine Optical Co Ltd (1565) $5.39 Billion 29.48% 0.60x $147.19 Million
Nang Kuang Pharmaceutical Co Ltd (1752) $2.19 Billion 9.94% 0.50x $46.91 Million
Maxigen Biotech Inc (1783) $1.14 Billion 7.68% 0.11x $53.63 Million
SciVision Biotech Inc (1786) $1.02 Billion -2.16% 0.07x $107.95 Million
Bioteque (4107) $1.88 Billion 15.46% 0.25x $198.92 Million
Chi Sheng Chemical (4111) $1.22 Billion 12.60% 0.47x $41.85 Million
Sunder Biomedical Tech. Co., Ltd. (4115) $790.45 Million 1.68% 0.80x $2.11K
BenQ Medical Technology (4116) $1.10 Billion 2.62% 0.78x $25.45 Million
Unicon Optical Co., Ltd. (4150) $963.23 Million 21.57% 0.59x $22.68 Million