Hong-Wei Electrical Industry & Co., Ltd.
Hong-Wei Electrical Industry & Co., Ltd. engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan, Mainland China, and Vietnam. It offers freight elevators, including opening type, driving system, and special elevators; passenger elevators, such as opening type, driving systems, interior deco, hospital-bed only, and panoramic elevators, as well as escalato… Read more
Hong-Wei Electrical Industry & Co., Ltd. (4565) - Net Assets
Latest net assets as of June 2025: NT$1.84 Billion TWD
Based on the latest financial reports, Hong-Wei Electrical Industry & Co., Ltd. (4565) has net assets worth NT$1.84 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.71 Billion) and total liabilities (NT$1.88 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$1.84 Billion |
| % of Total Assets | 49.41% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 81.94% |
| 10-Year Change | N/A |
| Growth Volatility | 4.67 |
Hong-Wei Electrical Industry & Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hong-Wei Electrical Industry & 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 Hong-Wei Electrical Industry & Co., Ltd. (2019–2024)
The table below shows the annual net assets of Hong-Wei Electrical Industry & Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.07 Billion | +22.51% |
| 2023-12-31 | NT$1.69 Billion | +12.72% |
| 2022-12-31 | NT$1.50 Billion | +9.82% |
| 2021-12-31 | NT$1.36 Billion | +19.97% |
| 2020-12-31 | NT$1.14 Billion | +14.56% |
| 2019-12-31 | NT$990.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hong-Wei Electrical Industry & 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 97.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.08 Billion | 52.48% |
| Common Stock | NT$617.40 Million | 29.89% |
| Other Comprehensive Income | NT$323.18 Million | 15.65% |
| Other Components | NT$41.00 Million | 1.98% |
| Total Equity | NT$2.07 Billion | 100.00% |
Hong-Wei Electrical Industry & Co., Ltd. Competitors by Market Cap
The table below lists competitors of Hong-Wei Electrical Industry & Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Relais Group Oyj
HE:RELAIS
|
$72.40 Million |
|
LAVIPHARM S.A. NA EO 1
F:BXA0
|
$72.41 Million |
|
Shanghai Hi-Road Food Technology Co. Ltd.
SHE:300915
|
$72.43 Million |
|
DT Cloud Star Acquisition Corporation Units
NASDAQ:DTSQU
|
$72.44 Million |
|
Next Vision Stabilized Systems
TA:NXSN
|
$72.39 Million |
|
Centrum Medyczne ENEL-MED SA
WAR:ENE
|
$72.34 Million |
|
Abionyx Pharma SA
PA:ABNX
|
$72.33 Million |
|
Enel Generación Costanera S.A
PINK:EDCFF
|
$72.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hong-Wei Electrical Industry & Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,686,117,000 to 2,065,586,000, a change of 379,469,000 (22.5%).
- Net income of 494,031,000 contributed positively to equity growth.
- Dividend payments of 132,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 310,834,000.
- Other factors decreased equity by 293,096,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$494.03 Million | +23.92% |
| Dividends Paid | NT$132.30 Million | -6.4% |
| Other Comprehensive Income | NT$310.83 Million | +15.05% |
| Other Changes | NT$-293.10 Million | -14.19% |
| Total Change | NT$- | 22.51% |
Book Value vs Market Value Analysis
This analysis compares Hong-Wei Electrical Industry & 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: 2.72x
- 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 4.04x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$22.29 | NT$90.00 | x |
| 2020-12-31 | NT$25.57 | NT$90.00 | x |
| 2021-12-31 | NT$30.63 | NT$90.00 | x |
| 2022-12-31 | NT$33.56 | NT$90.00 | x |
| 2023-12-31 | NT$27.00 | NT$90.00 | x |
| 2024-12-31 | NT$33.05 | NT$90.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong-Wei Electrical Industry & 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): 23.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.23%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.61x
- Recent ROE (23.92%) is above the historical average (21.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 19.18% | 13.80% | 0.67x | 2.08x | NT$90.96 Million |
| 2020 | 18.74% | 16.14% | 0.60x | 1.92x | NT$99.20 Million |
| 2021 | 26.54% | 26.85% | 0.56x | 1.78x | NT$225.21 Million |
| 2022 | 21.02% | 21.69% | 0.55x | 1.75x | NT$164.82 Million |
| 2023 | 22.02% | 23.51% | 0.57x | 1.63x | NT$202.71 Million |
| 2024 | 23.92% | 29.23% | 0.51x | 1.61x | NT$287.47 Million |
Industry Comparison
This section compares Hong-Wei Electrical Industry & Co., Ltd.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,532,689,500
- Average return on equity (ROE) among peers: 12.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong-Wei Electrical Industry & Co., Ltd. (4565) | NT$1.84 Billion | 19.18% | 1.02x | $72.40 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |