Yong Shun Chemical Co Ltd (4711) - Net Assets
Based on the latest financial reports, Yong Shun Chemical Co Ltd (4711) has net assets worth NT$1.01 Billion TWD (≈ $31.97 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$1.21 Billion ≈ $38.12 Million USD) and total liabilities (NT$195.14 Million ≈ $6.15 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 Yong Shun Chemical Co Ltd asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.01 Billion |
| % of Total Assets | 83.87% |
| Annual Growth Rate | 1.27% |
| 5-Year Change | -6.7% |
| 10-Year Change | -5.68% |
| Growth Volatility | 4.1 |
Yong Shun Chemical Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Yong Shun Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Yong Shun Chemical Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Yong Shun Chemical Co Ltd (2002–2024)
The table below shows the annual net assets of Yong Shun Chemical Co Ltd from 2002 to 2024. For live valuation and market cap data, see 4711 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.04 Billion ≈ $32.71 Million |
-1.51% |
| 2023-12-31 | NT$1.05 Billion ≈ $33.21 Million |
-0.93% |
| 2022-12-31 | NT$1.06 Billion ≈ $33.52 Million |
-6.64% |
| 2021-12-31 | NT$1.14 Billion ≈ $35.91 Million |
+2.42% |
| 2020-12-31 | NT$1.11 Billion ≈ $35.06 Million |
+1.82% |
| 2019-12-31 | NT$1.09 Billion ≈ $34.43 Million |
+0.43% |
| 2018-12-31 | NT$1.09 Billion ≈ $34.28 Million |
-4.27% |
| 2017-12-31 | NT$1.14 Billion ≈ $35.81 Million |
-2.21% |
| 2016-12-31 | NT$1.16 Billion ≈ $36.62 Million |
+5.59% |
| 2015-12-31 | NT$1.10 Billion ≈ $34.68 Million |
+0.69% |
| 2014-12-31 | NT$1.09 Billion ≈ $34.44 Million |
-3.19% |
| 2013-12-31 | NT$1.13 Billion ≈ $35.58 Million |
-0.10% |
| 2012-12-31 | NT$1.13 Billion ≈ $35.61 Million |
-1.29% |
| 2011-12-31 | NT$1.15 Billion ≈ $36.08 Million |
+5.49% |
| 2010-12-31 | NT$1.09 Billion ≈ $34.20 Million |
-0.02% |
| 2009-12-31 | NT$1.09 Billion ≈ $34.21 Million |
+6.87% |
| 2008-12-31 | NT$1.02 Billion ≈ $32.01 Million |
-2.23% |
| 2007-12-31 | NT$1.04 Billion ≈ $32.74 Million |
+7.27% |
| 2006-12-31 | NT$968.75 Million ≈ $30.52 Million |
+10.11% |
| 2005-12-31 | NT$879.79 Million ≈ $27.72 Million |
+5.61% |
| 2004-12-31 | NT$833.09 Million ≈ $26.25 Million |
+2.70% |
| 2003-12-31 | NT$811.19 Million ≈ $25.56 Million |
+3.20% |
| 2002-12-31 | NT$786.07 Million ≈ $24.77 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yong Shun Chemical 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 44.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$63.76 Million | 6.14% |
| Other Components | NT$974.45 Million | 93.86% |
| Total Equity | NT$1.04 Billion | 100.00% |
Yong Shun Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Yong Shun Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asiamet Resources Ltd
F:0FK
|
$31.74 Million |
|
Shanghai Material Trading Co Ltd B
SHG:900927
|
$31.74 Million |
|
Scandium International Mining Corp
F:0E6
|
$31.75 Million |
|
Sun Race Sturmey-Archer Inc
TW:1526
|
$31.76 Million |
|
Bluglass Ltd
AU:BLG
|
$31.72 Million |
|
Touchstone Exploration Inc
TO:TXP
|
$31.71 Million |
|
Offerpad Solutions Inc
NYSE:OPAD
|
$31.70 Million |
|
Mirae Asset Maps Reit 1 Co Ltd
KO:357250
|
$31.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yong Shun Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,054,115,000 to 1,038,205,000, a change of -15,910,000 (-1.5%).
- Net income of 5,814,000 contributed positively to equity growth.
- Dividend payments of 30,528,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.81 Million | +0.56% |
| Dividends Paid | NT$30.53 Million | -2.94% |
| Other Changes | NT$8.80 Million | +0.85% |
| Total Change | NT$- | -1.51% |
Book Value vs Market Value Analysis
This analysis compares Yong Shun Chemical 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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.62 | NT$16.50 | x |
| 2018-12-31 | NT$17.82 | NT$16.50 | x |
| 2019-12-31 | NT$17.90 | NT$16.50 | x |
| 2020-12-31 | NT$18.20 | NT$16.50 | x |
| 2021-12-31 | NT$18.64 | NT$16.50 | x |
| 2022-12-31 | NT$17.42 | NT$16.50 | x |
| 2023-12-31 | NT$17.26 | NT$16.50 | x |
| 2024-12-31 | NT$17.00 | NT$16.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yong Shun Chemical Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.76%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.23x
- Recent ROE (0.56%) is below the historical average (5.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.39% | 1.99% | 1.47x | 1.84x | NT$-36.22 Million |
| 2003 | 7.06% | 2.46% | 1.48x | 1.94x | NT$-23.86 Million |
| 2004 | 8.02% | 2.22% | 1.85x | 1.96x | NT$-16.49 Million |
| 2005 | 10.50% | 3.13% | 1.93x | 1.73x | NT$4.39 Million |
| 2006 | 12.30% | 3.66% | 1.88x | 1.79x | NT$22.29 Million |
| 2007 | 11.61% | 3.39% | 1.96x | 1.74x | NT$16.71 Million |
| 2008 | 7.04% | 2.75% | 2.03x | 1.26x | NT$-30.09 Million |
| 2009 | 11.69% | 5.51% | 1.55x | 1.37x | NT$18.30 Million |
| 2010 | 8.80% | 2.87% | 1.82x | 1.69x | NT$-13.02 Million |
| 2011 | 5.46% | 2.23% | 1.80x | 1.36x | NT$-51.95 Million |
| 2012 | 4.03% | 2.32% | 1.25x | 1.39x | NT$-67.48 Million |
| 2013 | 3.49% | 2.38% | 1.07x | 1.36x | NT$-73.49 Million |
| 2014 | 2.57% | 1.94% | 0.99x | 1.33x | NT$-81.25 Million |
| 2015 | 4.01% | 3.68% | 0.85x | 1.28x | NT$-65.94 Million |
| 2016 | 9.30% | 9.04% | 0.80x | 1.28x | NT$-8.17 Million |
| 2017 | 5.20% | 4.76% | 0.83x | 1.32x | NT$-54.61 Million |
| 2018 | 2.16% | 2.02% | 0.84x | 1.28x | NT$-85.27 Million |
| 2019 | 3.09% | 3.22% | 0.77x | 1.24x | NT$-75.56 Million |
| 2020 | 4.99% | 6.85% | 0.59x | 1.23x | NT$-55.75 Million |
| 2021 | 6.79% | 6.74% | 0.82x | 1.24x | NT$-36.59 Million |
| 2022 | -1.80% | -1.69% | 0.89x | 1.19x | NT$-125.59 Million |
| 2023 | 1.74% | 2.39% | 0.60x | 1.21x | NT$-87.03 Million |
| 2024 | 0.56% | 0.76% | 0.60x | 1.23x | NT$-98.01 Million |
Industry Comparison
This section compares Yong Shun Chemical Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $84,255,411,700
- Average return on equity (ROE) among peers: 0.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yong Shun Chemical Co Ltd (4711) | NT$1.01 Billion | 5.39% | 0.19x | $31.74 Million |
| Formosa Plastics Corp (1301) | $287.43 Billion | 10.74% | 0.47x | $12.64 Billion |
| Nan Ya Plastics Corp (1303) | $428.74 Billion | 18.96% | 0.56x | $48.85 Billion |
| USI Corp (1304) | $19.91 Billion | 0.37% | 1.14x | $439.18 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $227.91 Million |
| Asia Polymer Corp (1308) | $6.24 Billion | 12.59% | 0.18x | $265.63 Million |
| Taita Chemical Co Ltd (1309) | $5.75 Billion | -7.43% | 0.49x | $182.88 Million |
| China Petrochemical Development Corp (1314) | $76.32 Billion | -3.89% | 0.69x | $1.01 Billion |
| Ocean Plastics Co Ltd (1321) | $2.59 Billion | -5.21% | 0.77x | $223.18 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $5.79 Billion | -22.96% | 0.13x | $41.35 Million |
| Everlight Chemical Industrial Corp (1711) | $4.81 Billion | 3.31% | 0.60x | $650.60 Million |
About Yong Shun Chemical Co Ltd
Yong Shun Chemical Co., Ltd manufactures and sells resins in Taiwan, Hong Kong, and internationally. The company offers multi-component resins, special coating resins, and fiber additives; and saturated polyester polyol resin, unsaturated polyester resin, and vinyl ester resin. It also provides storage and reaction tanks, pipes and fittings, and movable lorry tankers. In addition, the company is … Read more