Shih Kuen Plastics Co Ltd Net Assets
Shih Kuen Plastics Co Ltd net assets. Based on the latest financial reports, Shih Kuen Plastics Co Ltd (4305) has net assets worth NT$1.21 Billion TWD (≈ $38.02 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.57 Billion ≈ $49.46 Million USD) and total liabilities (NT$362.98 Million ≈ $11.44 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. Also explore Shih Kuen Plastics Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.21 Billion |
| % of Total Assets | 76.88% |
| Annual Growth Rate | 2.97% |
| 5-Year Change | 21.33% |
| 10-Year Change | N/A |
| Growth Volatility | 2.72 |
Net Assets of Shih Kuen Plastics Co Ltd (2017–2025)
Net assets of Shih Kuen Plastics Co Ltd from 2017 to 2025. This chart illustrates how Shih Kuen Plastics Co Ltd's net assets have evolved over time, based on quarterly financial data. See 4305 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shih Kuen Plastics Co Ltd (2017–2025)
The table below shows the annual net assets of Shih Kuen Plastics Co Ltd from 2017 to 2025. For live market cap and overall valuation, see 4305 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.25 Billion ≈ $39.52 Million |
+2.95% |
| 2024-12-31 | NT$1.22 Billion ≈ $38.39 Million |
+7.32% |
| 2023-12-31 | NT$1.14 Billion ≈ $35.77 Million |
+4.58% |
| 2022-12-31 | NT$1.09 Billion ≈ $34.21 Million |
+5.01% |
| 2021-12-31 | NT$1.03 Billion ≈ $32.57 Million |
+1.44% |
| 2020-12-31 | NT$1.02 Billion ≈ $32.11 Million |
-0.22% |
| 2019-12-31 | NT$1.02 Billion ≈ $32.18 Million |
-1.41% |
| 2018-12-31 | NT$1.04 Billion ≈ $32.64 Million |
+4.39% |
| 2017-12-31 | NT$992.50 Million ≈ $31.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shih Kuen Plastics 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 7.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Shih Kuen Plastics Co Ltd Net Assets Breakdown (December 2025)
Shih Kuen Plastics Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$407.50 Million | 32.48% |
| Other Components | NT$846.98 Million | 67.52% |
| Total Equity | NT$1.25 Billion | 100.00% |
Shih Kuen Plastics Co Ltd Competitors by Market Cap
The table below lists competitors of Shih Kuen Plastics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westwater Resources Inc
NYSE MKT:WWR
|
$71.08 Million |
|
Azevedo & Travassos S.A
SA:AZEV3
|
$71.09 Million |
|
Berjaya Food Bhd
KLSE:5196
|
$71.10 Million |
|
Isiklar Enerji ve Yapi Holding AS
IS:IEYHO
|
$71.10 Million |
|
AudioEye Inc
NASDAQ:AEYE
|
$71.03 Million |
|
Real Estate & E-Commerce Split Corp
TO:RS
|
$70.99 Million |
|
Titijaya Land Bhd
KLSE:5239
|
$70.98 Million |
|
FALCON METALS LTD
F:E47
|
$70.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shih Kuen Plastics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,218,558,000 to 1,254,473,000, a change of 35,915,000 (2.9%).
- Net income of 210,969,000 contributed positively to equity growth.
- Dividend payments of 176,045,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$210.97 Million | +16.82% |
| Dividends Paid | NT$176.04 Million | -14.03% |
| Other Changes | NT$991.00K | +0.08% |
| Total Change | NT$- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Shih Kuen Plastics 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: 1.80x
- 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 2.27x to 1.80x 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$18.04 | NT$41.00 | x |
| 2018-12-31 | NT$18.83 | NT$41.00 | x |
| 2019-12-31 | NT$18.54 | NT$41.00 | x |
| 2020-12-31 | NT$18.53 | NT$41.00 | x |
| 2021-12-31 | NT$18.79 | NT$41.00 | x |
| 2022-12-31 | NT$19.74 | NT$41.00 | x |
| 2023-12-31 | NT$20.64 | NT$41.00 | x |
| 2024-12-31 | NT$22.15 | NT$41.00 | x |
| 2025-12-31 | NT$22.80 | NT$41.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shih Kuen Plastics 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): 16.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.53%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.18x
- Recent ROE (16.82%) is above the historical average (14.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.82% | 11.56% | 1.00x | 1.19x | NT$37.93 Million |
| 2018 | 16.87% | 15.34% | 0.94x | 1.17x | NT$71.16 Million |
| 2019 | 12.60% | 12.31% | 0.88x | 1.16x | NT$26.57 Million |
| 2020 | 11.22% | 11.38% | 0.86x | 1.14x | NT$12.43 Million |
| 2021 | 10.78% | 9.50% | 0.97x | 1.17x | NT$8.02 Million |
| 2022 | 13.53% | 16.14% | 0.74x | 1.13x | NT$38.29 Million |
| 2023 | 14.12% | 17.04% | 0.73x | 1.14x | NT$46.79 Million |
| 2024 | 17.91% | 20.92% | 0.75x | 1.14x | NT$96.36 Million |
| 2025 | 16.82% | 19.53% | 0.73x | 1.18x | NT$85.52 Million |
Industry Comparison
This section compares Shih Kuen Plastics Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,553,288,100
- Average return on equity (ROE) among peers: 7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shih Kuen Plastics Co Ltd (4305) | NT$1.21 Billion | 13.82% | 0.30x | $71.06 Million |
| Tong Yang Industry Co Ltd (1319) | $19.13 Billion | 8.86% | 0.90x | $1.42 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.95 Billion | 8.36% | 0.59x | $41.20 Million |
| Hiroca Holdings Ltd (1338) | $6.10 Billion | 10.37% | 0.41x | $34.86 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $4.19 Billion | 8.86% | 0.22x | $94.70 Million |
| Right Way Industrial Co Ltd (1506) | $1.09 Billion | 3.95% | 1.24x | $89.24 Million |
| Jui Li Enterprise Co Ltd (1512) | $1.55 Billion | -9.79% | 2.21x | $19.21 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.87 Billion | 3.56% | 0.60x | $59.56 Million |
| TYC Brother Industrial Co Ltd (1522) | $6.64 Billion | 11.44% | 1.78x | $247.68 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $1.78 Billion | 12.19% | 1.22x | $132.03 Million |
| Kian Shen Corp (1525) | $1.24 Billion | 13.96% | 0.48x | $149.16 Million |
About Shih Kuen Plastics Co Ltd
Shih-Kuen Plastics Co., Ltd. engages in the manufacturing, processing, and sales of plastic sheet products. It offers PVC sheets and vinyl films. The company also offers double polished PVC sheets, such as super and normal clear, and transparent colored PVC sheets; textured and embossing PVC sheets, including opaque and translucent textured, and semi-transparent PVC sheets; super clear and colore… Read more