Pan Asia Chemical Co Net Assets
Pan Asia Chemical Co net assets. Based on the latest financial reports, Pan Asia Chemical Co (4707) has net assets worth NT$6.01 Billion TWD (≈ $189.21 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.39 Billion ≈ $264.40 Million USD) and total liabilities (NT$2.39 Billion ≈ $75.19 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. Also explore 4707 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.01 Billion |
| % of Total Assets | 71.56% |
| Annual Growth Rate | 5.14% |
| 5-Year Change | 6.98% |
| 10-Year Change | N/A |
| Growth Volatility | 8.21 |
Net Assets of Pan Asia Chemical Co (2017–2024)
Net assets of Pan Asia Chemical Co from 2017 to 2024. This chart illustrates how Pan Asia Chemical Co's net assets have evolved over time, based on quarterly financial data. See how leveraged is Pan Asia Chemical Co's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Pan Asia Chemical Co (2017–2024)
The table below shows the annual net assets of Pan Asia Chemical Co from 2017 to 2024. For live market cap and overall valuation, see market value of Pan Asia Chemical Co.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.03 Billion ≈ $189.89 Million |
+0.22% |
| 2023-12-31 | NT$6.01 Billion ≈ $189.47 Million |
+5.90% |
| 2022-12-31 | NT$5.68 Billion ≈ $178.92 Million |
-2.52% |
| 2021-12-31 | NT$5.83 Billion ≈ $183.54 Million |
+3.41% |
| 2020-12-31 | NT$5.63 Billion ≈ $177.49 Million |
+23.39% |
| 2019-12-31 | NT$4.57 Billion ≈ $143.85 Million |
-1.13% |
| 2018-12-31 | NT$4.62 Billion ≈ $145.50 Million |
+8.82% |
| 2017-12-31 | NT$4.24 Billion ≈ $133.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pan Asia Chemical Co'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 4.1% over the analyzed period, indicating profitable operations and earnings retention.
Pan Asia Chemical Co Net Assets Breakdown (December 2024)
Pan Asia Chemical Co net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$898.41 Million | 14.91% |
| Other Components | NT$5.13 Billion | 85.09% |
| Total Equity | NT$6.03 Billion | 100.00% |
Pan Asia Chemical Co Competitors by Market Cap
The table below lists competitors of Pan Asia Chemical Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
$358.15 Million |
|
Greenyard NV
BR:GREEN
|
$358.22 Million |
|
Invesco Mortgage Capital Inc
NYSE:IVR
|
$358.23 Million |
|
Gladstone Investment Corporation 8.00% Notes due 2028
NASDAQ:GAINL
|
$358.34 Million |
|
SBC Exports Limited
NSE:SBC
|
$358.02 Million |
|
Shenzhen Hifuture Electric
SHE:002168
|
$358.01 Million |
|
SNDL Inc.
NASDAQ:SNDL
|
$357.93 Million |
|
IVU Traffic Technologies AG
XETRA:IVU
|
$357.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pan Asia Chemical Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,013,876,000 to 6,027,255,000, a change of 13,379,000 (0.2%).
- Net income of 381,789,000 contributed positively to equity growth.
- Dividend payments of 94,769,000 reduced retained earnings.
- Other comprehensive income decreased equity by 425,447,000.
- Other factors increased equity by 151,806,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$381.79 Million | +6.33% |
| Dividends Paid | NT$94.77 Million | -1.57% |
| Other Comprehensive Income | NT$-425.45 Million | -7.06% |
| Other Changes | NT$151.81 Million | +2.52% |
| Total Change | NT$- | 0.22% |
Book Value vs Market Value Analysis
This analysis compares Pan Asia Chemical Co'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: 1.89x
- 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 2.01x to 1.89x 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$14.04 | NT$28.15 | x |
| 2018-12-31 | NT$15.28 | NT$28.15 | x |
| 2019-12-31 | NT$11.30 | NT$28.15 | x |
| 2020-12-31 | NT$14.85 | NT$28.15 | x |
| 2021-12-31 | NT$15.35 | NT$28.15 | x |
| 2022-12-31 | NT$14.96 | NT$28.15 | x |
| 2023-12-31 | NT$15.85 | NT$28.15 | x |
| 2024-12-31 | NT$14.93 | NT$28.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pan Asia Chemical Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.49%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.44x
- Recent ROE (6.33%) is above the historical average (5.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.58% | 10.05% | 0.21x | 1.66x | NT$-272.32 Million |
| 2018 | 5.35% | 13.31% | 0.25x | 1.59x | NT$-214.69 Million |
| 2019 | 6.36% | 16.96% | 0.23x | 1.65x | NT$-166.29 Million |
| 2020 | 4.40% | 17.01% | 0.17x | 1.54x | NT$-315.44 Million |
| 2021 | 5.89% | 19.85% | 0.20x | 1.51x | NT$-239.60 Million |
| 2022 | 7.08% | 21.99% | 0.22x | 1.49x | NT$-165.80 Million |
| 2023 | 5.77% | 26.25% | 0.16x | 1.40x | NT$-254.11 Million |
| 2024 | 6.33% | 26.49% | 0.17x | 1.44x | NT$-220.94 Million |
Industry Comparison
This section compares Pan Asia Chemical Co's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $43,010,687,100
- Average return on equity (ROE) among peers: 8.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pan Asia Chemical Co (4707) | NT$6.01 Billion | 3.58% | 0.40x | $358.05 Million |
| Formosa Plastics Corp (1301) | $180.20 Billion | 10.94% | 0.63x | $13.70 Billion |
| Nan Ya Plastics Corp (1303) | $145.32 Billion | 5.41% | 1.24x | $73.21 Billion |
| USI Corp (1304) | $36.45 Billion | 1.48% | 0.89x | $383.44 Million |
| China General Plastics Corp (1305) | $10.04 Billion | -3.69% | 0.66x | $207.78 Million |
| Asia Polymer Corp (1308) | $15.46 Billion | 20.06% | 0.23x | $245.05 Million |
| Taita Chemical Co Ltd (1309) | $3.38 Billion | 3.58% | 1.51x | $145.93 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $891.94 Million |
| Ocean Plastics Co Ltd (1321) | $5.91 Billion | -0.72% | 0.99x | $227.01 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $33.13 Million |
| Everlight Chemical Industrial Corp (1711) | $8.66 Billion | 0.99% | 0.49x | $620.40 Million |
About Pan Asia Chemical Co
Pan Asia Chemical Co. produces, sells, and distributes chemical products in Taiwan. It offers surfactants, such as nonylphenol, natural alcohol, methoxyl, isotridecanol, trimethylol propane, tallow amine, coconut amine, C12~13 alcohol, C9~11 alcohol, octylphenol, oleyl alcohol, C16~18 alcohol, 2-ethylhexyl, C8~10 alcohol, C10 alcohol, C9 alcohol, oleic acid, sorbitan, glycerine, and 2-propylhepta… Read more