Hengs Technology Co., Ltd.
Hengs Technology Co., Ltd. operates as a solar energy engineering contractor company. The company provides ground-mounted solar power plants service; engineering, procurement, construction, professional construction management, and operations and maintenance services; energy storage services; and energy saving services, as well as aquaculture services. It also distributes and sells solar energy p… Read more
Hengs Technology Co., Ltd. (4582) - Net Assets
Latest net assets as of September 2025: NT$1.18 Billion TWD
Based on the latest financial reports, Hengs Technology Co., Ltd. (4582) has net assets worth NT$1.18 Billion 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$4.08 Billion) and total liabilities (NT$2.91 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$1.18 Billion |
| % of Total Assets | 28.86% |
| Annual Growth Rate | -4.61% |
| 5-Year Change | 31.45% |
| 10-Year Change | N/A |
| Growth Volatility | 20.09 |
Hengs Technology Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hengs Technology 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 Hengs Technology Co., Ltd. (2019–2024)
The table below shows the annual net assets of Hengs Technology Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.18 Billion | -1.77% |
| 2023-12-31 | NT$1.21 Billion | +7.10% |
| 2022-12-31 | NT$1.13 Billion | +4.83% |
| 2021-12-31 | NT$1.07 Billion | +19.19% |
| 2020-12-31 | NT$901.35 Million | -39.93% |
| 2019-12-31 | NT$1.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hengs Technology 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 310.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$275.97 Million | 23.55% |
| Common Stock | NT$666.00 Million | 56.83% |
| Other Components | NT$229.97 Million | 19.62% |
| Total Equity | NT$1.17 Billion | 100.00% |
Hengs Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Hengs Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Can Don Hydro Power JSC
VN:SJD
|
$38.02 Million |
|
Touchstone Exploration Inc
PINK:PBEGF
|
$38.03 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
$38.03 Million |
|
Chyang Sheng Dyeing & Finishing Co Ltd
TW:1463
|
$38.03 Million |
|
Soosan Heavy I
KO:017550
|
$38.00 Million |
|
NRXBF
OTCQB:NRXBF
|
$37.98 Million |
|
FLEURY MICHON INH.EO 305
F:4XZ
|
$37.98 Million |
|
Exel Industries
PA:EXE
|
$37.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hengs Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,191,929,000 to 1,171,942,000, a change of -19,987,000 (-1.7%).
- Net loss of 6,667,000 reduced equity.
- Dividend payments of 13,320,000 reduced retained earnings.
- Other comprehensive income decreased equity by 101,023,000.
- Other factors increased equity by 101,023,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-6.67 Million | -0.57% |
| Dividends Paid | NT$13.32 Million | -1.14% |
| Other Comprehensive Income | NT$-101.02 Million | -8.62% |
| Other Changes | NT$101.02 Million | +8.62% |
| Total Change | NT$- | -1.68% |
Book Value vs Market Value Analysis
This analysis compares Hengs Technology 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: 1.81x
- 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 2.73x to 1.81x 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$11.66 | NT$31.80 | x |
| 2020-12-31 | NT$14.30 | NT$31.80 | x |
| 2021-12-31 | NT$17.11 | NT$31.80 | x |
| 2022-12-31 | NT$18.18 | NT$31.80 | x |
| 2023-12-31 | NT$18.22 | NT$31.80 | x |
| 2024-12-31 | NT$17.60 | NT$31.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hengs Technology 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): -0.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.72%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.16x
- Recent ROE (-0.57%) is below the historical average (14.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.40% | 6.22% | 0.77x | 2.39x | NT$8.93 Million |
| 2020 | 35.43% | 12.23% | 1.13x | 2.57x | NT$229.25 Million |
| 2021 | 22.10% | 13.59% | 0.67x | 2.42x | NT$130.04 Million |
| 2022 | 14.27% | 4.36% | 0.92x | 3.54x | NT$47.49 Million |
| 2023 | 1.38% | 0.94% | 0.48x | 3.08x | NT$-102.72 Million |
| 2024 | -0.57% | -0.72% | 0.25x | 3.16x | NT$-123.86 Million |
Industry Comparison
This section compares Hengs Technology Co., Ltd.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $5,967,667,556
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hengs Technology Co., Ltd. (4582) | NT$1.18 Billion | 11.40% | 2.47x | $38.01 Million |
| Gigastorage Corp (2406) | $7.34 Billion | -3.73% | 1.01x | $214.24 Million |
| United Renewable Energy Co Ltd (3576) | $13.11 Billion | -29.67% | 1.19x | $980.87 Million |
| Danen Technology Corp (3686) | $4.78 Billion | -6.85% | 0.63x | $38.94 Million |
| Gigasolar Materials (3691) | $5.22 Billion | -18.27% | 2.15x | $145.51 Million |
| Hsinjing Holding Co Ltd (3713) | $620.93 Million | 5.41% | 1.46x | $29.24 Million |
| Tainergy Tech Co Ltd (4934) | $4.47 Billion | 3.92% | 0.60x | $89.09 Million |
| Win Win Precision Technology Co., Ltd. (4949) | $1.55 Billion | -5.81% | 0.28x | $19.71K |
| Motech Industries Co Ltd (6244) | $14.23 Billion | 1.77% | 1.09x | $191.85 Million |
| TSEC Corp (6443) | $2.39 Billion | -29.28% | 1.63x | $739.29 Million |