J.D Development Co., LTD
J.D Development Co., LTD, together with its subsidiaries, engages in the manufacture and sale of textile products in Taiwan and internationally. It offers nylon and polyester cloth, high tensile fishnet yarn, and nylon products; and epidemic prevention products, such as mask cleaning pads, gowns, flying suits, and face masks. The company also engages in solar energy generation; and provides engin… Read more
J.D Development Co., LTD (4402) - Net Assets
Latest net assets as of September 2025: NT$598.58 Million TWD
Based on the latest financial reports, J.D Development Co., LTD (4402) has net assets worth NT$598.58 Million 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$611.10 Million) and total liabilities (NT$12.52 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$598.58 Million |
| % of Total Assets | 97.95% |
| Annual Growth Rate | 28.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.11 |
J.D Development Co., LTD - Net Assets Trend (2021–2024)
This chart illustrates how J.D Development 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 J.D Development Co., LTD (2021–2024)
The table below shows the annual net assets of J.D Development Co., LTD from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$605.89 Million | +27.67% |
| 2023-12-31 | NT$474.59 Million | +72.90% |
| 2022-12-31 | NT$274.48 Million | -2.82% |
| 2021-12-31 | NT$282.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to J.D Development 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 1088400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$837.34 Million | 138.20% |
| Total Equity | NT$605.89 Million | 100.00% |
J.D Development Co., LTD Competitors by Market Cap
The table below lists competitors of J.D Development Co., LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perimeter Medical Imaging AI Inc
PINK:PYNKF
|
$18.34 Million |
|
N. Varveris-Moda Bagno S.A
AT:MODA
|
$18.35 Million |
|
Ta Yih Industrial Co Ltd
TW:1521
|
$18.35 Million |
|
Manoj Vaibhav Gems 'N' Jewellers Limited
NSE:MVGJL
|
$18.35 Million |
|
Smr Utama Tbk
JK:SMRU
|
$18.32 Million |
|
Pyxis Tankers Inc
NASDAQ:PXS
|
$18.32 Million |
|
Spacenet Enterprises India Limited
NSE:SPCENET
|
$18.32 Million |
|
Mermeren Kombinat AD
AT:MERKO
|
$18.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J.D Development Co., LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 474,590,000 to 605,893,000, a change of 131,303,000 (27.7%).
- Net loss of 6,214,000 reduced equity.
- Other factors increased equity by 137,517,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-6.21 Million | -1.03% |
| Other Changes | NT$137.52 Million | +22.7% |
| Total Change | NT$- | 27.67% |
Book Value vs Market Value Analysis
This analysis compares J.D Development 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: 2.02x
- 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 2.93x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$6.14 | NT$18.00 | x |
| 2022-12-31 | NT$5.97 | NT$18.00 | x |
| 2023-12-31 | NT$6.98 | NT$18.00 | x |
| 2024-12-31 | NT$8.91 | NT$18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J.D Development Co., LTD utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.75%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.02x
- Recent ROE (-1.03%) is above the historical average (-5.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -13.93% | -25.65% | 0.25x | 2.14x | NT$-67.59 Million |
| 2022 | -2.90% | -4.64% | 0.32x | 1.97x | NT$-35.42 Million |
| 2023 | -4.19% | -25.85% | 0.15x | 1.07x | NT$-67.35 Million |
| 2024 | -1.03% | -33.75% | 0.03x | 1.02x | NT$-66.80 Million |
Industry Comparison
This section compares J.D Development 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 |
|---|---|---|---|---|
| J.D Development Co., LTD (4402) | NT$598.58 Million | -13.93% | 0.02x | $18.33 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 |