Toung LoongTextile Mfg Co Ltd
Toung Loong Textile Mfg.Co.,Ltd. engages in the production and sale of various functional yarns in Taiwan and internationally. The company develops and produces air and draw textured yarns, shape control twist, and yarn dyes, as well as functional synthetic yarn dyes and sewing threads. Toung Loong Textile Mfg.Co.,Ltd. was founded in 1960 and is headquartered in New Taipei City, Taiwan.
Toung LoongTextile Mfg Co Ltd (4401) - Net Assets
Latest net assets as of September 2025: NT$2.71 Billion TWD
Based on the latest financial reports, Toung LoongTextile Mfg Co Ltd (4401) has net assets worth NT$2.71 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$5.76 Billion) and total liabilities (NT$3.04 Billion). 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$2.71 Billion |
| % of Total Assets | 47.14% |
| Annual Growth Rate | 0.54% |
| 5-Year Change | 7.88% |
| 10-Year Change | N/A |
| Growth Volatility | 3.66 |
Toung LoongTextile Mfg Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Toung LoongTextile Mfg 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 Toung LoongTextile Mfg Co Ltd (2016–2024)
The table below shows the annual net assets of Toung LoongTextile Mfg Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.75 Billion | +3.13% |
| 2023-12-31 | NT$2.67 Billion | -4.38% |
| 2022-12-31 | NT$2.79 Billion | +1.57% |
| 2021-12-31 | NT$2.75 Billion | +7.70% |
| 2020-12-31 | NT$2.55 Billion | -2.74% |
| 2019-12-31 | NT$2.62 Billion | -1.35% |
| 2018-12-31 | NT$2.66 Billion | -1.70% |
| 2017-12-31 | NT$2.71 Billion | +2.63% |
| 2016-12-31 | NT$2.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toung LoongTextile Mfg 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 43.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$715.28 Million | 26.51% |
| Other Components | NT$1.98 Billion | 73.49% |
| Total Equity | NT$2.70 Billion | 100.00% |
Toung LoongTextile Mfg Co Ltd Competitors by Market Cap
The table below lists competitors of Toung LoongTextile Mfg Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RTA Laboratuvarlari Biyolojik
IS:RTALB
|
$37.51 Million |
|
Prodia Widyahusada Tbk PT
JK:PRDA
|
$37.52 Million |
|
Youlife Group Inc. American Depositary Shares
NASDAQ:YOUL
|
$37.52 Million |
|
Hyundai E P
KO:089470
|
$37.52 Million |
|
Powerwell Holdings Bhd
KLSE:0217
|
$37.49 Million |
|
Kortek Corporation
KQ:052330
|
$37.48 Million |
|
Go Hub Capital Berhad
KLSE:0311
|
$37.48 Million |
|
Skyharbour Resources Ltd
OTCQX:SYHBF
|
$37.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toung LoongTextile Mfg Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,614,598,000 to 2,698,421,000, a change of 83,823,000 (3.2%).
- Net income of 130,283,000 contributed positively to equity growth.
- Dividend payments of 61,346,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$130.28 Million | +4.83% |
| Dividends Paid | NT$61.35 Million | -2.27% |
| Other Changes | NT$14.89 Million | +0.55% |
| Total Change | NT$- | 3.21% |
Book Value vs Market Value Analysis
This analysis compares Toung LoongTextile Mfg 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: 0.68x
- 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$22.05 | NT$14.90 | x |
| 2018-12-31 | NT$21.62 | NT$14.90 | x |
| 2019-12-31 | NT$21.32 | NT$14.90 | x |
| 2020-12-31 | NT$20.74 | NT$14.90 | x |
| 2021-12-31 | NT$22.39 | NT$14.90 | x |
| 2022-12-31 | NT$22.28 | NT$14.90 | x |
| 2023-12-31 | NT$21.31 | NT$14.90 | x |
| 2024-12-31 | NT$21.99 | NT$14.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toung LoongTextile Mfg 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): 4.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.32%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.16x
- Recent ROE (4.83%) is below the historical average (9.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.33% | 11.68% | 0.94x | 1.85x | NT$266.95 Million |
| 2017 | 19.21% | 11.19% | 0.86x | 2.00x | NT$244.24 Million |
| 2018 | 11.73% | 7.57% | 0.71x | 2.18x | NT$45.03 Million |
| 2019 | 8.20% | 5.90% | 0.61x | 2.29x | NT$-46.12 Million |
| 2020 | 3.38% | 2.68% | 0.52x | 2.43x | NT$-165.09 Million |
| 2021 | 11.79% | 6.32% | 0.84x | 2.23x | NT$48.34 Million |
| 2022 | 6.13% | 4.09% | 0.69x | 2.19x | NT$-105.85 Million |
| 2023 | -0.61% | -0.56% | 0.48x | 2.23x | NT$-277.37 Million |
| 2024 | 4.83% | 3.32% | 0.67x | 2.16x | NT$-139.56 Million |
Industry Comparison
This section compares Toung LoongTextile Mfg Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $10,082,241,600
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toung LoongTextile Mfg Co Ltd (4401) | NT$2.71 Billion | 20.33% | 1.12x | $37.49 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.11 Billion | 9.38% | 1.04x | $159.74 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.12 Billion | 13.50% | 1.05x | $17.61 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $152.57 Million |
| Far Eastern New Century Corp (1402) | $69.12 Billion | 1.05% | 1.32x | $2.98 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $14.05 Billion | 3.65% | 0.92x | $539.09 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.26 Billion | 8.25% | 0.21x | $41.23 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $895.15 Million | 13.02% | 1.59x | $18.51 Million |
| Tung Ho Textile Co Ltd (1414) | $1.54 Billion | -19.15% | 2.15x | $46.96 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $2.35 Billion | 0.00% | 0.89x | $10.53 Million |
| Shinkong Textile Co Ltd (1419) | $6.62 Billion | 3.47% | 0.46x | $306.86 Million |