Chaheng Precision Co. Ltd.
Chaheng Precision Co., Ltd. designs, manufactures, process, and trades aerospace industry components in the United States, France, Taiwan, the Mainland of China, and internationally. The company offers fan blades, compressor components, high-pressure diffusers, air outlet guide vane modules, hot section combustor assemblies, turbine air seal rings, compressor covers for commercial aircraft engine… Read more
Chaheng Precision Co. Ltd. (4546) - Net Assets
Latest net assets as of December 2022: NT$1.05 Billion TWD
Based on the latest financial reports, Chaheng Precision Co. Ltd. (4546) has net assets worth NT$1.05 Billion TWD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.27 Billion) and total liabilities (NT$2.22 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$1.05 Billion |
| % of Total Assets | 32.18% |
| Annual Growth Rate | -11.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.22 |
Chaheng Precision Co. Ltd. - Net Assets Trend (2019–2022)
This chart illustrates how Chaheng Precision 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 Chaheng Precision Co. Ltd. (2019–2022)
The table below shows the annual net assets of Chaheng Precision Co. Ltd. from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | NT$1.05 Billion | +2.23% |
| 2021-12-31 | NT$1.03 Billion | -13.96% |
| 2020-12-31 | NT$1.20 Billion | -22.39% |
| 2019-12-31 | NT$1.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chaheng Precision 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 95.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$22.98 Million | 2.18% |
| Other Components | NT$1.03 Billion | 97.82% |
| Total Equity | NT$1.05 Billion | 100.00% |
Chaheng Precision Co. Ltd. Competitors by Market Cap
The table below lists competitors of Chaheng Precision Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Info Yatirim AS
IS:INFO
|
$63.92 Million |
|
Nihon Trim Co. Ltd
F:NH8
|
$63.93 Million |
|
Teknosa Ic ve Dis Ticaret AS
IS:TKNSA
|
$63.94 Million |
|
Edge Copper Corporation
V:EDCU
|
$63.94 Million |
|
WRKR Ltd
AU:WRK
|
$63.90 Million |
|
Imperium Group Global Holdings Limited
PINK:IPGGF
|
$63.89 Million |
|
Berner Industrier B
ST:BERNER-B
|
$63.88 Million |
|
Taurus Armas S.A
SA:TASA3
|
$63.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chaheng Precision Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,028,752,000 to 1,051,728,000, a change of 22,976,000 (2.2%).
- Net income of 23,087,000 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$23.09 Million | +2.2% |
| Other Changes | NT$-111.00K | -0.01% |
| Total Change | NT$- | 2.23% |
Book Value vs Market Value Analysis
This analysis compares Chaheng Precision 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: 3.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.52x to 3.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$45.41 | NT$114.50 | x |
| 2020-12-31 | NT$35.40 | NT$114.50 | x |
| 2021-12-31 | NT$30.46 | NT$114.50 | x |
| 2022-12-31 | NT$31.14 | NT$114.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chaheng Precision 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): 2.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 3.11x
- Recent ROE (2.20%) is above the historical average (-1.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.24% | 12.71% | 0.52x | 2.47x | NT$96.17 Million |
| 2020 | -8.31% | -12.43% | 0.22x | 3.01x | NT$-218.88 Million |
| 2021 | -16.35% | -28.94% | 0.18x | 3.17x | NT$-271.08 Million |
| 2022 | 2.20% | 2.57% | 0.28x | 3.11x | NT$-82.09 Million |
Industry Comparison
This section compares Chaheng Precision Co. Ltd.'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $4,202,240,556
- Average return on equity (ROE) among peers: -3.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chaheng Precision Co. Ltd. (4546) | NT$1.05 Billion | 16.24% | 2.11x | $63.91 Million |
| CSBC Corp Taiwan (2208) | $6.46 Billion | -28.16% | 4.43x | $525.67 Million |
| Air Asia Co Ltd (2630) | $1.28 Billion | 2.99% | 0.64x | $128.23 Million |
| Aerospace Industrial Development Corp (2634) | $10.29 Billion | 18.18% | 1.46x | $930.79 Million |
| Evergreen Aviation Tech Corp (2645) | $12.96 Billion | 14.14% | 0.78x | $561.99 Million |
| Magnate Technology Co Ltd (4541) | $1.78 Billion | 6.76% | 1.01x | $62.02 Million |
| Drewloong Precision Inc (4572) | $502.67 Million | 0.00% | 0.34x | $105.03 Million |
| Lungteh Shipbldg Co Ltd (6753) | $3.69 Billion | 19.15% | 1.75x | $224.84 Million |
| Carbon-Based Technology Inc. (7719) | $107.95 Million | -49.04% | 0.35x | $11.45K |
| Aero Win Technology Corp (8222) | $751.28 Million | -13.70% | 0.72x | $59.21 Million |