Rodex Fasteners
Rodex Fasteners Corp., together with its subsidiaries, engages in the manufacture and sale of stainless wire and precision-made screws worldwide. It operates through Wire and Screw segments. The company offers chipboard, machine, self-drilling, socket cap, security, special, and JIS screws, as well as stainless steel thread cutting, triangular thread, wood, high-low thread, coarse thread, drywall… Read more
Rodex Fasteners (5015) - Net Assets
Latest net assets as of September 2025: NT$1.17 Billion TWD
Based on the latest financial reports, Rodex Fasteners (5015) has net assets worth NT$1.17 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$2.48 Billion) and total liabilities (NT$1.31 Billion). 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$1.17 Billion |
| % of Total Assets | 47.24% |
| Annual Growth Rate | 2.5% |
| 5-Year Change | 20.82% |
| 10-Year Change | N/A |
| Growth Volatility | 14.26 |
Rodex Fasteners - Net Assets Trend (2017–2024)
This chart illustrates how Rodex Fasteners's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rodex Fasteners (2017–2024)
The table below shows the annual net assets of Rodex Fasteners from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.37 Billion | +0.68% |
| 2023-12-31 | NT$1.36 Billion | -15.92% |
| 2022-12-31 | NT$1.62 Billion | +31.55% |
| 2021-12-31 | NT$1.23 Billion | +8.49% |
| 2020-12-31 | NT$1.13 Billion | -3.86% |
| 2019-12-31 | NT$1.18 Billion | -7.50% |
| 2018-12-31 | NT$1.27 Billion | +10.67% |
| 2017-12-31 | NT$1.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rodex Fasteners'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 42.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$274.92 Million | 20.11% |
| Other Components | NT$1.09 Billion | 79.89% |
| Total Equity | NT$1.37 Billion | 100.00% |
Rodex Fasteners Competitors by Market Cap
The table below lists competitors of Rodex Fasteners ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elementos Limited
F:9EM
|
$30.79 Million |
|
Julien's International Entertainment Group
TWO:6595
|
$30.80 Million |
|
Brightrock Gold Corp
PINK:BRGC
|
$30.80 Million |
|
WIZIT Co. Ltd
KQ:036090
|
$30.80 Million |
|
Heimstaden AB Pfd.
ST:HEIM-PREF
|
$30.77 Million |
|
Noul Co. Ltd.
KQ:376930
|
$30.73 Million |
|
I Jang Industrial Co Ltd
TWO:8342
|
$30.73 Million |
|
KOMPLETT ASA NK -40
F:GJ60
|
$30.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rodex Fasteners's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,358,097,000 to 1,367,399,000, a change of 9,302,000 (0.7%).
- Net income of 152,404,000 contributed positively to equity growth.
- Dividend payments of 181,917,000 reduced retained earnings.
- Other factors increased equity by 38,815,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$152.40 Million | +11.15% |
| Dividends Paid | NT$181.92 Million | -13.3% |
| Other Changes | NT$38.81 Million | +2.84% |
| Total Change | NT$- | 0.68% |
Book Value vs Market Value Analysis
This analysis compares Rodex Fasteners'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 decreased from 1.39x to 1.17x 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$18.97 | NT$26.30 | x |
| 2018-12-31 | NT$20.99 | NT$26.30 | x |
| 2019-12-31 | NT$19.41 | NT$26.30 | x |
| 2020-12-31 | NT$18.66 | NT$26.30 | x |
| 2021-12-31 | NT$20.25 | NT$26.30 | x |
| 2022-12-31 | NT$26.64 | NT$26.30 | x |
| 2023-12-31 | NT$22.40 | NT$26.30 | x |
| 2024-12-31 | NT$22.55 | NT$26.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rodex Fasteners 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): 11.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.76%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.93x
- Recent ROE (11.15%) is below the historical average (17.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.61% | 8.28% | 1.29x | 1.65x | NT$87.50 Million |
| 2018 | 23.93% | 11.62% | 1.25x | 1.65x | NT$177.29 Million |
| 2019 | 12.25% | 5.96% | 1.18x | 1.75x | NT$26.52 Million |
| 2020 | 10.38% | 5.52% | 1.11x | 1.70x | NT$4.30 Million |
| 2021 | 20.26% | 10.24% | 1.04x | 1.91x | NT$125.98 Million |
| 2022 | 35.52% | 21.00% | 1.10x | 1.54x | NT$412.18 Million |
| 2023 | 5.99% | 5.30% | 0.62x | 1.83x | NT$-54.46 Million |
| 2024 | 11.15% | 9.76% | 0.59x | 1.93x | NT$15.66 Million |
Industry Comparison
This section compares Rodex Fasteners's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,358,399,900
- Average return on equity (ROE) among peers: -5.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rodex Fasteners (5015) | NT$1.17 Billion | 17.61% | 1.12x | $30.79 Million |
| Basso Industry Corp (1527) | $2.55 Billion | 3.94% | 2.62x | $112.33 Million |
| Jenn Feng New Energy Co Ltd (1538) | $144.80 Million | -102.01% | 5.38x | $5.02 Million |
| Chang Type Industrial Co Ltd (1541) | $1.77 Billion | 16.92% | 1.94x | $25.59 Million |
| Kinik Co (1560) | $3.80 Billion | 15.35% | 0.35x | $1.50 Billion |
| De Poan Pneumatic (1570) | $912.19 Million | 11.85% | 0.15x | $31.57 Million |
| Inmax Holding Co Ltd (1591) | $426.92 Million | -11.57% | 0.15x | $43.37 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $5.72 Billion | -25.62% | 1.15x | $64.99 Million |
| Hiwin Technologies Corp (2049) | $16.60 Billion | 16.49% | 1.26x | $1.93 Billion |
| Sheh Kai Precision Co Ltd (2063) | $628.80 Million | 9.85% | 1.04x | $22.72 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.03 Billion | 13.48% | 0.89x | $39.04 Million |