Pancolour Ink Co., Ltd.
Pancolour Ink Co., Ltd. manufactures and sells UV curable inks, coatings, and adhesives in Taiwan. It offers UV curable printing inks for IC chips, optical discs, and plastic and paper products; UV curable adhesives for bonding needs of metal, glass, and other materials that are applied in handicraft and electronic industries; and UV curable coatings for use in plastic flexible tubes and paper sp… Read more
Pancolour Ink Co., Ltd. (4765) - Net Assets
Latest net assets as of June 2025: NT$456.67 Million TWD
Based on the latest financial reports, Pancolour Ink Co., Ltd. (4765) has net assets worth NT$456.67 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$823.89 Million) and total liabilities (NT$367.22 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$456.67 Million |
| % of Total Assets | 55.43% |
| Annual Growth Rate | -5.88% |
| 5-Year Change | -20.06% |
| 10-Year Change | N/A |
| Growth Volatility | 3.03 |
Pancolour Ink Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Pancolour Ink 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 Pancolour Ink Co., Ltd. (2019–2024)
The table below shows the annual net assets of Pancolour Ink Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$475.71 Million | -0.34% |
| 2023-12-31 | NT$477.33 Million | -4.96% |
| 2022-12-31 | NT$502.26 Million | -7.32% |
| 2021-12-31 | NT$541.93 Million | -8.93% |
| 2020-12-31 | NT$595.07 Million | -7.64% |
| 2019-12-31 | NT$644.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pancolour Ink 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 100.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$321.33 Million | 67.55% |
| Other Comprehensive Income | NT$20.54 Million | 4.32% |
| Other Components | NT$135.45 Million | 28.47% |
| Total Equity | NT$475.71 Million | 100.00% |
Pancolour Ink Co., Ltd. Competitors by Market Cap
The table below lists competitors of Pancolour Ink Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
South Star Mining Corp
V:STS
|
$6.63 Million |
|
NGX Limited
PINK:NGXLF
|
$6.63 Million |
|
Xylo Technologies Ltd.
NASDAQ:XYLO
|
$6.64 Million |
|
Humbl Inc
OTCQB:HMBL
|
$6.64 Million |
|
CHECKIT PLC (P.RE.) LS-05
F:EKC1
|
$6.63 Million |
|
Housing Development and Infrastructure Limited
NSE:HDIL
|
$6.63 Million |
|
KSG Agro SA
WAR:KSG
|
$6.63 Million |
|
Idico Urban and House Development JSC
VN:UIC
|
$6.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pancolour Ink Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 477,327,000 to 475,706,000, a change of -1,621,000 (-0.3%).
- Net loss of 1,621,000 reduced equity.
- Other comprehensive income decreased equity by 24,937,000.
- Other factors increased equity by 24,937,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.62 Million | -0.34% |
| Other Comprehensive Income | NT$-24.94 Million | -5.24% |
| Other Changes | NT$24.94 Million | +5.24% |
| Total Change | NT$- | -0.34% |
Book Value vs Market Value Analysis
This analysis compares Pancolour Ink 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: 0.81x
- 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.
- The price-to-book ratio has increased from 0.60x to 0.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$20.00 | NT$11.95 | x |
| 2020-12-31 | NT$18.51 | NT$11.95 | x |
| 2021-12-31 | NT$16.87 | NT$11.95 | x |
| 2022-12-31 | NT$15.63 | NT$11.95 | x |
| 2023-12-31 | NT$14.85 | NT$11.95 | x |
| 2024-12-31 | NT$14.80 | NT$11.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pancolour Ink 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): -0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.53%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.79x
- Recent ROE (-0.34%) is below the historical average (0.42%), 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 | 18.71% | 15.57% | 0.74x | 1.63x | NT$56.15 Million |
| 2020 | 1.18% | 1.35% | 0.49x | 1.77x | NT$-52.51 Million |
| 2021 | -3.88% | -5.39% | 0.42x | 1.73x | NT$-75.20 Million |
| 2022 | -7.92% | -10.44% | 0.41x | 1.85x | NT$-90.00 Million |
| 2023 | -5.22% | -8.89% | 0.31x | 1.92x | NT$-72.67 Million |
| 2024 | -0.34% | -0.53% | 0.36x | 1.79x | NT$-49.19 Million |
Industry Comparison
This section compares Pancolour Ink Co., Ltd.'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 |
|---|---|---|---|---|
| Pancolour Ink Co., Ltd. (4765) | NT$456.67 Million | 18.71% | 0.80x | $6.63 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 |