Jian Sin Industrial Co Ltd (4502) - Net Assets
Based on the latest financial reports, Jian Sin Industrial Co Ltd (4502) has net assets worth NT$542.56 Million TWD (≈ $17.09 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$2.28 Billion ≈ $71.92 Million USD) and total liabilities (NT$1.74 Billion ≈ $54.83 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 Jian Sin Industrial Co Ltd (4502) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$542.56 Million |
| % of Total Assets | 23.77% |
| Annual Growth Rate | -4.39% |
| 5-Year Change | -19.56% |
| 10-Year Change | -3.11% |
| Growth Volatility | 31.93 |
Jian Sin Industrial Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Jian Sin Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Jian Sin Industrial Co Ltd worth.
Annual Net Assets for Jian Sin Industrial Co Ltd (2002–2025)
The table below shows the annual net assets of Jian Sin Industrial Co Ltd from 2002 to 2025. Also explore net asset momentum of Jian Sin Industrial Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$542.56 Million ≈ $17.09 Million |
-22.07% |
| 2024-12-31 | NT$696.25 Million ≈ $21.94 Million |
+3.08% |
| 2023-12-31 | NT$675.46 Million ≈ $21.28 Million |
+1.57% |
| 2022-12-31 | NT$665.02 Million ≈ $20.95 Million |
-1.40% |
| 2021-12-31 | NT$674.46 Million ≈ $21.25 Million |
+17.16% |
| 2020-12-31 | NT$575.67 Million ≈ $18.14 Million |
-18.29% |
| 2019-12-31 | NT$704.57 Million ≈ $22.20 Million |
-7.90% |
| 2018-12-31 | NT$765.03 Million ≈ $24.10 Million |
+4.69% |
| 2017-12-31 | NT$730.73 Million ≈ $23.02 Million |
+30.49% |
| 2016-12-31 | NT$559.98 Million ≈ $17.64 Million |
+4.48% |
| 2015-12-31 | NT$535.95 Million ≈ $16.89 Million |
+96.01% |
| 2014-12-31 | NT$273.42 Million ≈ $8.61 Million |
-8.58% |
| 2013-12-31 | NT$299.07 Million ≈ $9.42 Million |
-41.81% |
| 2012-12-31 | NT$514.00 Million ≈ $16.19 Million |
-3.66% |
| 2011-12-31 | NT$533.55 Million ≈ $16.81 Million |
-9.60% |
| 2010-12-31 | NT$590.17 Million ≈ $18.59 Million |
+51.17% |
| 2009-12-31 | NT$390.40 Million ≈ $12.30 Million |
-58.56% |
| 2008-12-31 | NT$942.02 Million ≈ $29.68 Million |
-40.02% |
| 2007-12-31 | NT$1.57 Billion ≈ $49.48 Million |
-13.20% |
| 2006-12-31 | NT$1.81 Billion ≈ $57.00 Million |
-22.56% |
| 2005-12-31 | NT$2.34 Billion ≈ $73.60 Million |
+42.16% |
| 2004-12-31 | NT$1.64 Billion ≈ $51.78 Million |
+1.41% |
| 2003-12-31 | NT$1.62 Billion ≈ $51.05 Million |
+6.23% |
| 2002-12-31 | NT$1.53 Billion ≈ $48.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jian Sin 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 decreased by 501.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$817.74 Million | 150.98% |
| Total Equity | NT$541.63 Million | 100.00% |
Jian Sin Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Jian Sin Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOP Engineering Co. Ltd
KQ:065130
|
$27.82 Million |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
$27.83 Million |
|
Hill & Smith Holdings PLC
LSE:HILS
|
$27.83 Million |
|
Sangshin Electronics Co. Ltd
KQ:263810
|
$27.84 Million |
|
Marco Holdings Bhd
KLSE:3514
|
$27.79 Million |
|
Sun Race Sturmey-Archer Inc
TW:1526
|
$27.79 Million |
|
Envirotech Vehicles Inc
NASDAQ:EVTV
|
$27.78 Million |
|
Sikko Industries Limited
NSE:SIKKO
|
$27.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jian Sin Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 692,664,000 to 541,627,000, a change of -151,037,000 (-21.8%).
- Net loss of 86,076,000 reduced equity.
- Share repurchases of 22,103,000 reduced equity.
- Other factors decreased equity by 42,858,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-86.08 Million | -15.89% |
| Share Repurchases | NT$22.10 Million | -4.08% |
| Other Changes | NT$-42.86 Million | -7.91% |
| Total Change | NT$- | -21.81% |
Book Value vs Market Value Analysis
This analysis compares Jian Sin 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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.11x to 1.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$14.16 | NT$15.70 | x |
| 2018-12-31 | NT$14.73 | NT$15.70 | x |
| 2019-12-31 | NT$13.68 | NT$15.70 | x |
| 2020-12-31 | NT$11.16 | NT$15.70 | x |
| 2021-12-31 | NT$13.05 | NT$15.70 | x |
| 2022-12-31 | NT$11.38 | NT$15.70 | x |
| 2023-12-31 | NT$11.65 | NT$15.70 | x |
| 2024-12-31 | NT$12.05 | NT$15.70 | x |
| 2025-12-31 | NT$9.63 | NT$15.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jian Sin Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.19%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 4.21x
- Recent ROE (-15.89%) is below the historical average (3.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.03% | 1.67% | 1.16x | 2.08x | NT$-91.09 Million |
| 2003 | 4.74% | 2.12% | 0.95x | 2.37x | NT$-85.27 Million |
| 2004 | 1.32% | 0.51% | 1.03x | 2.49x | NT$-142.67 Million |
| 2010 | 62.46% | 8.31% | 1.14x | 6.57x | NT$204.94 Million |
| 2011 | 3.03% | 1.01% | 0.94x | 3.17x | NT$-32.37 Million |
| 2015 | 1.41% | 0.44% | 0.73x | 4.36x | NT$-45.63 Million |
| 2016 | 5.77% | 1.51% | 0.96x | 3.97x | NT$-23.55 Million |
| 2017 | 24.10% | 6.13% | 1.31x | 3.01x | NT$101.37 Million |
| 2018 | 12.20% | 3.63% | 1.13x | 2.98x | NT$16.43 Million |
| 2019 | 0.40% | 0.18% | 0.71x | 3.16x | NT$-65.82 Million |
| 2020 | -21.52% | -8.28% | 0.61x | 4.25x | NT$-176.26 Million |
| 2021 | -21.98% | -10.20% | 0.59x | 3.62x | NT$-211.67 Million |
| 2022 | -3.44% | -1.52% | 0.57x | 3.95x | NT$-87.90 Million |
| 2023 | 1.26% | 0.57% | 0.55x | 4.00x | NT$-58.49 Million |
| 2024 | 1.71% | 0.85% | 0.55x | 3.68x | NT$-57.45 Million |
| 2025 | -15.89% | -9.19% | 0.41x | 4.21x | NT$-140.24 Million |
Industry Comparison
This section compares Jian Sin Industrial Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $20,122,773,400
- Average return on equity (ROE) among peers: 1.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jian Sin Industrial Co Ltd (4502) | NT$542.56 Million | 4.03% | 3.21x | $27.82 Million |
| Lee Chi Enterprises Co Ltd (1517) | $3.82 Billion | -4.37% | 0.18x | $72.08 Million |
| China Metal Products Co Ltd (1532) | $17.19 Billion | 5.62% | 2.15x | $292.46 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $2.73 Billion | 4.15% | 1.47x | $230.41 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $57.13 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $4.24 Billion | 6.30% | 0.50x | $26.73 Million |
| Solar Applied Materials Technology (1785) | $9.58 Billion | 0.00% | 1.17x | $1.78 Billion |
| Chia Yi Steel Co Ltd (2067) | $541.62 Million | -10.43% | 1.76x | $7.07 Million |
| CX Technology Corp (2415) | $2.02 Billion | 4.07% | 1.47x | $76.84 Million |
| Catcher Technology Co Ltd (2474) | $157.96 Billion | 5.79% | 0.62x | $3.38 Billion |
| Univacco Technology (3303) | $1.61 Billion | 1.01% | 0.79x | $142.48 Million |
About Jian Sin Industrial Co Ltd
Jian Sin Industrial Co., Ltd. manufactures and sells steel and cast aluminum wheels in Taiwan and internationally. The company was formerly known as Yuan Feng Industrial Co. Ltd. and changed its name to Jian Sin Industrial Co., Ltd. in July 2015. Jian Sin Industrial Co., Ltd. was founded in 1978 and is based in Changhua, Taiwan.