Singtex Industrial Co Ltd (4433) - Net Assets
Based on the latest financial reports, Singtex Industrial Co Ltd (4433) has net assets worth NT$2.08 Billion TWD (≈ $65.58 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$7.22 Billion ≈ $227.40 Million USD) and total liabilities (NT$5.14 Billion ≈ $161.82 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 4433 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.08 Billion |
| % of Total Assets | 28.84% |
| Annual Growth Rate | 11.98% |
| 5-Year Change | -16.06% |
| 10-Year Change | N/A |
| Growth Volatility | 30.28 |
Singtex Industrial Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Singtex Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See Singtex Industrial Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Singtex Industrial Co Ltd (2017–2025)
The table below shows the annual net assets of Singtex Industrial Co Ltd from 2017 to 2025. For live valuation and market cap data, see 4433 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.08 Billion ≈ $65.58 Million |
-1.21% |
| 2024-12-31 | NT$2.11 Billion ≈ $66.39 Million |
-0.48% |
| 2023-12-31 | NT$2.12 Billion ≈ $66.71 Million |
-6.10% |
| 2022-12-31 | NT$2.25 Billion ≈ $71.04 Million |
-9.07% |
| 2021-12-31 | NT$2.48 Billion ≈ $78.12 Million |
-1.16% |
| 2020-12-31 | NT$2.51 Billion ≈ $79.04 Million |
+57.34% |
| 2019-12-31 | NT$1.59 Billion ≈ $50.24 Million |
+75.86% |
| 2018-12-31 | NT$906.68 Million ≈ $28.57 Million |
+7.71% |
| 2017-12-31 | NT$841.78 Million ≈ $26.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Singtex 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 157.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$314.12 Million | 16.19% |
| Other Components | NT$1.63 Billion | 83.81% |
| Total Equity | NT$1.94 Billion | 100.00% |
Singtex Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Singtex Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eightco Holdings Inc.
NASDAQ:OCTO
|
$38.94 Million |
|
RIT Capital Partners
LSE:RCP
|
$38.96 Million |
|
Endurance Motive S.A.
MC:END
|
$38.96 Million |
|
Eureka Acquisition Corp Class A Ordinary Share
NASDAQ:EURK
|
$38.96 Million |
|
ACELRX PHARMACEUT. DL-01
F:R5XA
|
$38.92 Million |
|
DRGEM Corporation
KQ:263690
|
$38.91 Million |
|
Singsongholdin
KO:006880
|
$38.90 Million |
|
ITV PLC
LSE:ITV
|
$38.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singtex Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,949,117,000 to 1,940,555,000, a change of -8,562,000 (-0.4%).
- Net income of 63,985,000 contributed positively to equity growth.
- Dividend payments of 60,440,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$63.98 Million | +3.3% |
| Dividends Paid | NT$60.44 Million | -3.11% |
| Other Changes | NT$-12.11 Million | -0.62% |
| Total Change | NT$- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Singtex 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: 0.64x
- 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.
- The price-to-book ratio has decreased from 1.09x to 0.64x 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$18.77 | NT$20.45 | x |
| 2018-12-31 | NT$20.48 | NT$20.45 | x |
| 2019-12-31 | NT$21.18 | NT$20.45 | x |
| 2020-12-31 | NT$27.30 | NT$20.45 | x |
| 2021-12-31 | NT$22.20 | NT$20.45 | x |
| 2022-12-31 | NT$34.60 | NT$20.45 | x |
| 2023-12-31 | NT$30.19 | NT$20.45 | x |
| 2024-12-31 | NT$32.25 | NT$20.45 | x |
| 2025-12-31 | NT$32.11 | NT$20.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singtex Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.77%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 3.72x
- Recent ROE (3.30%) is below the historical average (6.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.49% | 0.67% | 0.93x | 2.37x | NT$-57.92 Million |
| 2018 | 8.54% | 3.95% | 0.96x | 2.26x | NT$-10.86 Million |
| 2019 | 2.08% | 1.29% | 0.98x | 1.64x | NT$-77.57 Million |
| 2020 | 27.39% | 17.23% | 0.50x | 3.20x | NT$230.61 Million |
| 2021 | 4.42% | 1.97% | 0.62x | 3.64x | NT$-71.61 Million |
| 2022 | 6.62% | 4.29% | 0.61x | 2.55x | NT$-70.48 Million |
| 2023 | 1.64% | 1.08% | 0.47x | 3.27x | NT$-163.90 Million |
| 2024 | 2.24% | 1.36% | 0.48x | 3.47x | NT$-151.25 Million |
| 2025 | 3.30% | 1.77% | 0.50x | 3.72x | NT$-130.07 Million |
Industry Comparison
This section compares Singtex Industrial Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $37,348,685,900
- Average return on equity (ROE) among peers: 5.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singtex Industrial Co Ltd (4433) | NT$2.08 Billion | 1.49% | 2.47x | $38.94 Million |
| San Fang Chemical Industry Co Ltd (1307) | $7.87 Billion | 2.77% | 0.95x | $468.75 Million |
| Universal Inc (1325) | $1.77 Billion | 4.24% | 0.10x | $69.99 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.29 Billion | 15.18% | 0.73x | $103.74 Million |
| Cathay Consolidated Inc (1342) | $2.40 Billion | 18.48% | 0.49x | $286.29 Million |
| Far Eastern New Century Corp (1402) | $319.43 Billion | 3.14% | 1.14x | $4.81 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $34.47 Billion | 3.96% | 2.78x | $1.37 Billion |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $941.20 Million | -0.45% | 0.48x | $48.05 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $841.25 Million | 0.43% | 1.74x | $39.25 Million |
| Tung Ho Textile Co Ltd (1414) | $3.17 Billion | 1.45% | 0.53x | $107.61 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $1.30 Billion | 1.98% | 3.05x | $31.91 Million |
About Singtex Industrial Co Ltd
Singtex Industrial Co., Ltd. engages in the manufacture and sale of textiles using eco-friendly materials in Asia, the United States, Europe, and internationally. The company offers yarns, such as partially oriented yarn, draw textured yarn, and air-textured yarn. It provides fabrics for sports clothing, outdoor recreation clothing, home clothing, casual clothing, underwear, bed ware and accessor… Read more