U-Best Polymer Industry Co Ltd (4714) - Net Assets
Based on the latest financial reports, U-Best Polymer Industry Co Ltd (4714) has net assets worth NT$8.19 Billion TWD (≈ $257.87 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$12.12 Billion ≈ $381.90 Million USD) and total liabilities (NT$3.94 Billion ≈ $124.03 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. Check 4714 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.19 Billion |
| % of Total Assets | 67.52% |
| Annual Growth Rate | 24.18% |
| 5-Year Change | 336.69% |
| 10-Year Change | N/A |
| Growth Volatility | 63.87 |
U-Best Polymer Industry Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how U-Best Polymer Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 4714 asset base for the complete picture of this company's asset base.
Annual Net Assets for U-Best Polymer Industry Co Ltd (2017–2024)
The table below shows the annual net assets of U-Best Polymer Industry Co Ltd from 2017 to 2024. For live valuation and market cap data, see market cap of U-Best Polymer Industry Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.07 Billion ≈ $191.15 Million |
+54.35% |
| 2023-12-31 | NT$3.93 Billion ≈ $123.84 Million |
+16.29% |
| 2022-12-31 | NT$3.38 Billion ≈ $106.50 Million |
-12.63% |
| 2021-12-31 | NT$3.87 Billion ≈ $121.88 Million |
+178.45% |
| 2020-12-31 | NT$1.39 Billion ≈ $43.77 Million |
-25.26% |
| 2019-12-31 | NT$1.86 Billion ≈ $58.56 Million |
+41.40% |
| 2018-12-31 | NT$1.31 Billion ≈ $41.42 Million |
-1.30% |
| 2017-12-31 | NT$1.33 Billion ≈ $41.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to U-Best Polymer 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 13.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$169.45 Million | 7.67% |
| Other Components | NT$2.04 Billion | 92.33% |
| Total Equity | NT$2.21 Billion | 100.00% |
U-Best Polymer Industry Co Ltd Competitors by Market Cap
The table below lists competitors of U-Best Polymer Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enterprise Group Inc
TO:E
|
$83.04 Million |
|
Morn Sun Feed Mill Corp
TWO:1240
|
$83.06 Million |
|
Thai Rung Union Car Public Company Limited
BK:TRU
|
$83.06 Million |
|
Pearson PLC
LSE:PSON
|
$83.06 Million |
|
Kapsch Traffic
VI:KTCG
|
$82.94 Million |
|
Orthex Oyj
HE:ORTHEX
|
$82.93 Million |
|
Daejoo Inc
KQ:003310
|
$82.87 Million |
|
LeonaBio, Inc.
NASDAQ:LONA
|
$82.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in U-Best Polymer Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,548,585,000 to 2,209,946,000, a change of 661,361,000 (42.7%).
- Net income of 64,924,000 contributed positively to equity growth.
- New share issuances of 86,193,000 increased equity.
- Other comprehensive income decreased equity by 159,198,000.
- Other factors increased equity by 669,442,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$64.92 Million | +2.94% |
| Share Issuances | NT$86.19 Million | +3.9% |
| Other Comprehensive Income | NT$-159.20 Million | -7.2% |
| Other Changes | NT$669.44 Million | +30.29% |
| Total Change | NT$- | 42.71% |
Book Value vs Market Value Analysis
This analysis compares U-Best Polymer 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: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.05x to 1.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$14.12 | NT$14.80 | x |
| 2018-12-31 | NT$11.83 | NT$14.80 | x |
| 2019-12-31 | NT$9.18 | NT$14.80 | x |
| 2020-12-31 | NT$11.74 | NT$14.80 | x |
| 2021-12-31 | NT$12.23 | NT$14.80 | x |
| 2022-12-31 | NT$10.73 | NT$14.80 | x |
| 2023-12-31 | NT$9.02 | NT$14.80 | x |
| 2024-12-31 | NT$12.63 | NT$14.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently U-Best Polymer Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.86%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.49x
- Recent ROE (2.94%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.59% | -1.45% | 0.37x | 1.11x | NT$-141.05 Million |
| 2018 | 6.76% | 16.13% | 0.28x | 1.50x | NT$-42.62 Million |
| 2019 | 4.53% | 8.02% | 0.38x | 1.49x | NT$-69.83 Million |
| 2020 | 4.45% | 18.21% | 0.16x | 1.50x | NT$-77.17 Million |
| 2021 | 2.03% | 5.12% | 0.14x | 2.93x | NT$-141.85 Million |
| 2022 | -3.57% | -5.94% | 0.15x | 4.05x | NT$-200.60 Million |
| 2023 | 1.28% | 3.85% | 0.08x | 4.08x | NT$-134.97 Million |
| 2024 | 2.94% | 7.86% | 0.08x | 4.49x | NT$-156.07 Million |
Industry Comparison
This section compares U-Best Polymer Industry Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $57,109,694,600
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| U-Best Polymer Industry Co Ltd (4714) | NT$8.19 Billion | -0.59% | 0.48x | $83.04 Million |
| Formosa Plastics Corp (1301) | $96.92 Billion | 10.21% | 0.85x | $10.33 Billion |
| Nan Ya Plastics Corp (1303) | $367.22 Billion | 14.85% | 0.48x | $22.39 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $484.79 Million |
| China General Plastics Corp (1305) | $8.24 Billion | -11.92% | 1.12x | $271.85 Million |
| Asia Polymer Corp (1308) | $5.06 Billion | 6.70% | 0.14x | $281.53 Million |
| Taita Chemical Co Ltd (1309) | $3.29 Billion | 16.28% | 1.75x | $260.54 Million |
| China Petrochemical Development Corp (1314) | $51.06 Billion | -3.66% | 0.50x | $884.79 Million |
| Ocean Plastics Co Ltd (1321) | $2.58 Billion | -10.23% | 0.69x | $211.37 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $80.00K | 0.00% | 0.25x | $42.54 Million |
| Everlight Chemical Industrial Corp (1711) | $7.32 Billion | 8.03% | 0.59x | $975.03 Million |
About U-Best Polymer Industry Co Ltd
U-Best Innovative Technology Co., Ltd., together with its subsidiaries, manufactures and trades in polymer chemical raw materials in Taiwan, Asia, and internationally. It operates through U-BEST, Feei Cherng, Hsin-Li Chemical, PONY LEATHER, and Others segments. The company offers polyurethane (PU) synthetic resins, such as one and two component resins, water-based resins, nylon resins, surface tr… Read more