Chung Hwa Food Industrial Co Ltd (4205) - Net Assets
Based on the latest financial reports, Chung Hwa Food Industrial Co Ltd (4205) has net assets worth NT$2.33 Billion TWD (≈ $73.30 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$2.75 Billion ≈ $86.68 Million USD) and total liabilities (NT$424.65 Million ≈ $13.38 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 financial resilience of Chung Hwa Food Industrial Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.33 Billion |
| % of Total Assets | 84.57% |
| Annual Growth Rate | 6.55% |
| 5-Year Change | 29.13% |
| 10-Year Change | 77.26% |
| Growth Volatility | 3.42 |
Chung Hwa Food Industrial Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Chung Hwa Food Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Chung Hwa Food Industrial Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Chung Hwa Food Industrial Co Ltd (2015–2025)
The table below shows the annual net assets of Chung Hwa Food Industrial Co Ltd from 2015 to 2025. For live valuation and market cap data, see 4205 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.33 Billion ≈ $73.30 Million |
+10.88% |
| 2024-12-31 | NT$2.10 Billion ≈ $66.11 Million |
+6.51% |
| 2023-12-31 | NT$1.97 Billion ≈ $62.07 Million |
+4.26% |
| 2022-12-31 | NT$1.89 Billion ≈ $59.53 Million |
+4.88% |
| 2021-12-31 | NT$1.80 Billion ≈ $56.76 Million |
+10.58% |
| 2020-12-31 | NT$1.63 Billion ≈ $51.34 Million |
+6.38% |
| 2019-12-31 | NT$1.53 Billion ≈ $48.26 Million |
+4.01% |
| 2018-12-31 | NT$1.47 Billion ≈ $46.40 Million |
+0.28% |
| 2017-12-31 | NT$1.47 Billion ≈ $46.27 Million |
+11.88% |
| 2016-12-31 | NT$1.31 Billion ≈ $41.35 Million |
+6.45% |
| 2015-12-31 | NT$1.23 Billion ≈ $38.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chung Hwa Food Industrial 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 71.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$778.86 Million | 33.48% |
| Other Components | NT$1.55 Billion | 66.52% |
| Total Equity | NT$2.33 Billion | 100.00% |
Chung Hwa Food Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Chung Hwa Food Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Squirrel Media SA
MC:SQRL
|
$229.27 Million |
|
Solar A/S
CO:SOLAR-B
|
$229.40 Million |
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
$229.42 Million |
|
Rane (Madras) Limited
NSE:RML
|
$229.42 Million |
|
ACELYRIN, INC. Common Stock
NASDAQ:SLRN
|
$229.17 Million |
|
Hawthorn Bancshares Inc
NASDAQ:HWBK
|
$229.07 Million |
|
Medallion Metals Ltd
AU:MM8
|
$229.06 Million |
|
Shin Yang Shipping Corporation Bhd
KLSE:5173
|
$228.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chung Hwa Food Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,098,435,000 to 2,326,653,000, a change of 228,218,000 (10.9%).
- Net income of 404,475,000 contributed positively to equity growth.
- Dividend payments of 177,544,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$404.48 Million | +17.38% |
| Dividends Paid | NT$177.54 Million | -7.63% |
| Other Changes | NT$1.29 Million | +0.06% |
| Total Change | NT$- | 10.88% |
Book Value vs Market Value Analysis
This analysis compares Chung Hwa Food Industrial 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: 3.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.09x to 3.13x 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$18.20 | NT$74.50 | x |
| 2018-12-31 | NT$18.25 | NT$74.50 | x |
| 2019-12-31 | NT$18.98 | NT$74.50 | x |
| 2020-12-31 | NT$18.34 | NT$74.50 | x |
| 2021-12-31 | NT$20.28 | NT$74.50 | x |
| 2022-12-31 | NT$21.27 | NT$74.50 | x |
| 2023-12-31 | NT$22.18 | NT$74.50 | x |
| 2024-12-31 | NT$21.49 | NT$74.50 | x |
| 2025-12-31 | NT$23.83 | NT$74.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chung Hwa Food Industrial 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): 17.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.67%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.18x
- Recent ROE (17.38%) is below the historical average (17.93%), 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 | 14.79% | 13.96% | 0.87x | 1.22x | NT$59.04 Million |
| 2016 | 17.14% | 16.09% | 0.87x | 1.22x | NT$93.69 Million |
| 2017 | 18.04% | 18.75% | 0.80x | 1.21x | NT$118.13 Million |
| 2018 | 16.72% | 16.51% | 0.83x | 1.22x | NT$99.02 Million |
| 2019 | 18.61% | 18.00% | 0.84x | 1.23x | NT$131.81 Million |
| 2020 | 20.86% | 20.62% | 0.83x | 1.22x | NT$176.90 Million |
| 2021 | 18.52% | 19.36% | 0.79x | 1.20x | NT$153.56 Million |
| 2022 | 18.67% | 19.15% | 0.80x | 1.21x | NT$163.77 Million |
| 2023 | 17.61% | 17.75% | 0.82x | 1.21x | NT$149.92 Million |
| 2024 | 18.84% | 19.56% | 0.80x | 1.20x | NT$185.54 Million |
| 2025 | 17.38% | 19.67% | 0.75x | 1.18x | NT$171.81 Million |
Industry Comparison
This section compares Chung Hwa Food Industrial Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $25,811,164,000
- Average return on equity (ROE) among peers: 6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chung Hwa Food Industrial Co Ltd (4205) | NT$2.33 Billion | 14.79% | 0.18x | $229.20 Million |
| Wei Chuan Foods Corp (1201) | $6.86 Billion | 7.81% | 1.63x | $199.30 Million |
| Ve Wong Corp (1203) | $3.33 Billion | 6.22% | 0.95x | $326.52 Million |
| Great Wall Enterprise Co Ltd (1210) | $14.78 Billion | 7.31% | 0.91x | $1.41 Billion |
| Charoen Pokphand Enterprise Taiwan Co Ltd (1215) | $5.18 Billion | 13.27% | 0.86x | $1.29 Billion |
| Uni-President Enterprises Corp (1216) | $210.68 Billion | 9.32% | 2.50x | $12.41 Billion |
| AGV Products Corp (1217) | $5.87 Billion | 0.87% | 1.13x | $154.24 Million |
| Taisun Enterprise Co Ltd (1218) | $3.67 Billion | 6.42% | 1.09x | $290.35 Million |
| Fwusow Industry Co Ltd (1219) | $3.64 Billion | 6.82% | 0.62x | $145.14 Million |
| Tai Roun Products Co Ltd (1220) | $2.39 Billion | 3.24% | 0.27x | $69.47 Million |
| Formosa Oilseed Processing Co Ltd (1225) | $1.71 Billion | 0.00% | 0.96x | $244.25 Million |
About Chung Hwa Food Industrial Co Ltd
Chung Hwa Food Industrial Co., Ltd. produces and sells soybean processed food products in Taiwan. The company offers soy products, such as super tender, hot pot, homemade, cold, egg, organic, flat, golden, fried, and frozen tofu, as well as tofu curd, dried tofu, and soy milk; and juice drinks and food cans. It also provides Chinese desserts, konjac rolls, and hot pot ingredients. The company dis… Read more