Daily Polymer
Daily Polymer Corp. manufactures, process, and sells synthetic resins and electronic materials in Taiwan and internationally. It offers polymer materials, including solvent and water based resins for paints, unsaturated polyester resins, and paint additives. The company also provides photo-electronic materials, such as liquid crystals and alignment materials; and conductive polymers coating and r… Read more
Daily Polymer (4716) - Net Assets
Latest net assets as of September 2025: NT$1.14 Billion TWD
Based on the latest financial reports, Daily Polymer (4716) has net assets worth NT$1.14 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$1.77 Billion) and total liabilities (NT$636.29 Million). 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$1.14 Billion |
| % of Total Assets | 64.1% |
| Annual Growth Rate | 3.61% |
| 5-Year Change | 35.05% |
| 10-Year Change | N/A |
| Growth Volatility | 11.09 |
Daily Polymer - Net Assets Trend (2017–2024)
This chart illustrates how Daily Polymer's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Daily Polymer (2017–2024)
The table below shows the annual net assets of Daily Polymer from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.15 Billion | +9.53% |
| 2023-12-31 | NT$1.05 Billion | -2.36% |
| 2022-12-31 | NT$1.07 Billion | -2.39% |
| 2021-12-31 | NT$1.10 Billion | +29.37% |
| 2020-12-31 | NT$848.72 Million | -3.99% |
| 2019-12-31 | NT$883.98 Million | -0.05% |
| 2018-12-31 | NT$884.43 Million | -1.09% |
| 2017-12-31 | NT$894.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daily Polymer'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 24.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$129.88 Million | 11.38% |
| Other Components | NT$1.01 Billion | 88.62% |
| Total Equity | NT$1.14 Billion | 100.00% |
Daily Polymer Competitors by Market Cap
The table below lists competitors of Daily Polymer ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ImpediMed Limited
PINK:IPDQF
|
$36.00 Million |
|
NISSAN SECURITIES GROUP
F:OH5
|
$36.01 Million |
|
Neffs Bancorp Inc
PINK:NEFB
|
$36.01 Million |
|
Openbase Inc
KQ:049480
|
$36.01 Million |
|
Ramssol Group Bhd
KLSE:0236
|
$35.97 Million |
|
Ten Ren Tea Co Ltd
TW:1233
|
$35.95 Million |
|
B1Q
F:B1Q
|
$35.95 Million |
|
TGS Dis Ticaret AS
IS:TGSAS
|
$35.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daily Polymer's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,039,105,000 to 1,141,576,000, a change of 102,471,000 (9.9%).
- Net income of 79,411,000 contributed positively to equity growth.
- New share issuances of 22,990,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$79.41 Million | +6.96% |
| Share Issuances | NT$22.99 Million | +2.01% |
| Other Changes | NT$70.00K | +0.01% |
| Total Change | NT$- | 9.86% |
Book Value vs Market Value Analysis
This analysis compares Daily Polymer'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: 1.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$11.89 | NT$14.10 | x |
| 2018-12-31 | NT$12.00 | NT$14.10 | x |
| 2019-12-31 | NT$10.48 | NT$14.10 | x |
| 2020-12-31 | NT$10.24 | NT$14.10 | x |
| 2021-12-31 | NT$12.88 | NT$14.10 | x |
| 2022-12-31 | NT$12.85 | NT$14.10 | x |
| 2023-12-31 | NT$12.08 | NT$14.10 | x |
| 2024-12-31 | NT$12.96 | NT$14.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daily Polymer utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.71%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.65x
- Recent ROE (6.96%) is above the historical average (4.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.09% | 1.70% | 0.83x | 1.49x | NT$-70.68 Million |
| 2018 | 3.10% | 2.53% | 0.82x | 1.49x | NT$-61.00 Million |
| 2019 | 3.55% | 3.16% | 0.65x | 1.73x | NT$-56.98 Million |
| 2020 | 2.16% | 2.20% | 0.52x | 1.88x | NT$-66.49 Million |
| 2021 | 23.47% | 32.99% | 0.44x | 1.61x | NT$144.22 Million |
| 2022 | -1.31% | -2.08% | 0.39x | 1.61x | NT$-119.62 Million |
| 2023 | -1.48% | -2.90% | 0.30x | 1.71x | NT$-119.24 Million |
| 2024 | 6.96% | 13.71% | 0.31x | 1.65x | NT$-34.75 Million |
Industry Comparison
This section compares Daily Polymer's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,934,559,200
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daily Polymer (4716) | NT$1.14 Billion | 2.09% | 0.56x | $35.99 Million |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $902.62 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |