Taiwan Fructose Co Ltd (4207) - Net Assets
Based on the latest financial reports, Taiwan Fructose Co Ltd (4207) has net assets worth NT$3.87 Billion TWD (≈ $121.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.05 Billion ≈ $190.56 Million USD) and total liabilities (NT$2.18 Billion ≈ $68.73 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 Taiwan Fructose Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.87 Billion |
| % of Total Assets | 63.93% |
| Annual Growth Rate | 5.76% |
| 5-Year Change | 39.8% |
| 10-Year Change | N/A |
| Growth Volatility | 4.3 |
Taiwan Fructose Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Taiwan Fructose Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Taiwan Fructose Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Taiwan Fructose Co Ltd (2015–2024)
The table below shows the annual net assets of Taiwan Fructose Co Ltd from 2015 to 2024. For live valuation and market cap data, see market cap of Taiwan Fructose Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.80 Billion ≈ $119.57 Million |
+11.82% |
| 2023-12-31 | NT$3.39 Billion ≈ $106.93 Million |
+7.27% |
| 2022-12-31 | NT$3.16 Billion ≈ $99.68 Million |
+8.35% |
| 2021-12-31 | NT$2.92 Billion ≈ $92.00 Million |
+7.56% |
| 2020-12-31 | NT$2.71 Billion ≈ $85.53 Million |
-1.17% |
| 2019-12-31 | NT$2.75 Billion ≈ $86.54 Million |
+5.04% |
| 2018-12-31 | NT$2.61 Billion ≈ $82.38 Million |
-0.92% |
| 2017-12-31 | NT$2.64 Billion ≈ $83.15 Million |
+10.48% |
| 2016-12-31 | NT$2.39 Billion ≈ $75.26 Million |
+4.24% |
| 2015-12-31 | NT$2.29 Billion ≈ $72.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taiwan Fructose 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 37.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$269.05 Million | 9.92% |
| Other Components | NT$2.44 Billion | 90.08% |
| Total Equity | NT$2.71 Billion | 100.00% |
Taiwan Fructose Co Ltd Competitors by Market Cap
The table below lists competitors of Taiwan Fructose Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LINMON MEDIA LTD -000025
F:8MN
|
$109.52 Million |
|
Gold Rain Enterprises
TWO:4503
|
$109.55 Million |
|
I-Berhad
KLSE:4251
|
$109.58 Million |
|
KOLIBRI GLOBAL ENERGY INC
F:B120
|
$109.61 Million |
|
Sambo Corrugated Board Co. Ltd
KQ:023600
|
$109.46 Million |
|
GRP Limited
NSE:GRPLTD
|
$109.46 Million |
|
Gandhi Special Tubes Limited
NSE:GANDHITUBE
|
$109.45 Million |
|
IokCompany Co. Ltd
KQ:078860
|
$109.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Fructose Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,420,164,000 to 2,713,382,000, a change of 293,218,000 (12.1%).
- Net income of 215,863,000 contributed positively to equity growth.
- Dividend payments of 74,920,000 reduced retained earnings.
- Other factors increased equity by 152,275,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$215.86 Million | +7.96% |
| Dividends Paid | NT$74.92 Million | -2.76% |
| Other Changes | NT$152.28 Million | +5.61% |
| Total Change | NT$- | 12.12% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Fructose 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: 1.28x
- 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 1.51x to 1.28x 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$11.60 | NT$17.50 | x |
| 2018-12-31 | NT$11.66 | NT$17.50 | x |
| 2019-12-31 | NT$11.91 | NT$17.50 | x |
| 2020-12-31 | NT$10.39 | NT$17.50 | x |
| 2021-12-31 | NT$11.22 | NT$17.50 | x |
| 2022-12-31 | NT$12.03 | NT$17.50 | x |
| 2023-12-31 | NT$12.90 | NT$17.50 | x |
| 2024-12-31 | NT$13.67 | NT$17.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Fructose Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.83%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.28x
- Recent ROE (7.96%) is above the historical average (7.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.55% | 0.28% | 0.78x | 2.48x | NT$-162.94 Million |
| 2016 | 9.30% | 4.83% | 0.80x | 2.40x | NT$-12.83 Million |
| 2017 | 9.98% | 5.96% | 0.74x | 2.26x | NT$-381.10K |
| 2018 | 6.15% | 3.29% | 0.77x | 2.43x | NT$-77.65 Million |
| 2019 | 3.24% | 1.62% | 0.81x | 2.45x | NT$-139.30 Million |
| 2020 | 7.62% | 3.89% | 0.75x | 2.61x | NT$-47.43 Million |
| 2021 | 17.28% | 8.31% | 0.83x | 2.51x | NT$153.47 Million |
| 2022 | 6.16% | 2.75% | 0.89x | 2.50x | NT$-86.72 Million |
| 2023 | 9.67% | 4.38% | 0.94x | 2.36x | NT$-8.03 Million |
| 2024 | 7.96% | 3.83% | 0.91x | 2.28x | NT$-55.48 Million |
Industry Comparison
This section compares Taiwan Fructose Co Ltd's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $1,290,565,500
- Average return on equity (ROE) among peers: 11.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Fructose Co Ltd (4207) | NT$3.87 Billion | 0.55% | 0.56x | $109.46 Million |
| Hunya Foods Co Ltd (1236) | $1.43 Billion | 12.57% | 1.00x | $70.32 Million |
| Vigor Kobo Co Ltd (2733) | $1.15 Billion | 11.12% | 0.14x | $9.81 Million |
About Taiwan Fructose Co Ltd
Taiwan Fructose Co., Ltd. engages in the manufacturing and processing of fructose, maltose, glucose, and starch in Taiwan. The company offers fructose products used for soft drinks, juices, tea beverages, sports drinks, energy drinks, flavored milk, yogurt drinks, lac fermentum, ice creams, popsicles, ice cream bars, jellies and puddings, breads and cakes, and soy sauce and health food products a… Read more