Yungshin Construction & Development Co Ltd
Yungshin Construction & Development Co.,Ltd. constructs and sells national housing and commercial buildings for renting and selling in Taiwan. It also engages in designing and finishing of interior decoration, as well as trading of construction materials. The company was incorporated in 1987 and is headquartered in Kaohsiung, Taiwan.
Yungshin Construction & Development Co Ltd (5508) - Net Assets
Latest net assets as of June 2025: NT$5.40 Billion TWD
Based on the latest financial reports, Yungshin Construction & Development Co Ltd (5508) has net assets worth NT$5.40 Billion 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$19.14 Billion) and total liabilities (NT$13.75 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$5.40 Billion |
| % of Total Assets | 28.19% |
| Annual Growth Rate | 7.38% |
| 5-Year Change | 70.57% |
| 10-Year Change | 91.06% |
| Growth Volatility | 18.39 |
Yungshin Construction & Development Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Yungshin Construction & Development 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 Yungshin Construction & Development Co Ltd (2002–2024)
The table below shows the annual net assets of Yungshin Construction & Development Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.17 Billion | +14.44% |
| 2023-12-31 | NT$7.14 Billion | +23.29% |
| 2022-12-31 | NT$5.79 Billion | -3.47% |
| 2021-12-31 | NT$6.00 Billion | +25.23% |
| 2020-12-31 | NT$4.79 Billion | +9.50% |
| 2019-12-31 | NT$4.37 Billion | -4.10% |
| 2018-12-31 | NT$4.56 Billion | +2.22% |
| 2017-12-31 | NT$4.46 Billion | +6.31% |
| 2016-12-31 | NT$4.20 Billion | -1.84% |
| 2015-12-31 | NT$4.27 Billion | -11.13% |
| 2014-12-31 | NT$4.81 Billion | -3.90% |
| 2013-12-31 | NT$5.00 Billion | +1.37% |
| 2012-12-31 | NT$4.94 Billion | +61.17% |
| 2011-12-31 | NT$3.06 Billion | -6.23% |
| 2010-12-31 | NT$3.27 Billion | +0.85% |
| 2009-12-31 | NT$3.24 Billion | +1.22% |
| 2008-12-31 | NT$3.20 Billion | -0.01% |
| 2007-12-31 | NT$3.20 Billion | +11.51% |
| 2006-12-31 | NT$2.87 Billion | +0.01% |
| 2005-12-31 | NT$2.87 Billion | +4.65% |
| 2004-12-31 | NT$2.74 Billion | +58.92% |
| 2003-12-31 | NT$1.73 Billion | +1.31% |
| 2002-12-31 | NT$1.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yungshin Construction & Development 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 208001.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.49 Billion | 42.68% |
| Other Components | NT$4.68 Billion | 57.32% |
| Total Equity | NT$8.17 Billion | 100.00% |
Yungshin Construction & Development Co Ltd Competitors by Market Cap
The table below lists competitors of Yungshin Construction & Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaya Tiasa Holdings Bhd
KLSE:4383
|
$108.07 Million |
|
Nippon Coke & Engineering Company Limited
F:NJ2
|
$108.11 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
$108.15 Million |
|
Micro Contact Solution Co. Ltd
KQ:098120
|
$108.17 Million |
|
ANHUI HONGYU WUZHOU Medical Manufacturer Co.LTD.
SHE:301234
|
$108.04 Million |
|
Ngx Energy International Corp
OTCQX:GASXF
|
$108.04 Million |
|
Nafoods Group JSC
VN:NAF
|
$108.03 Million |
|
POLIGHT ASA NK -04
F:3OL0
|
$108.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yungshin Construction & Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,136,215,000 to 8,166,866,000, a change of 1,030,651,000 (14.4%).
- Net income of 3,484,989,000 contributed positively to equity growth.
- Dividend payments of 2,455,025,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.48 Billion | +42.67% |
| Dividends Paid | NT$2.46 Billion | -30.06% |
| Other Changes | NT$687.00K | +0.01% |
| Total Change | NT$- | 14.44% |
Book Value vs Market Value Analysis
This analysis compares Yungshin Construction & Development 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: 1.43x
- 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 2.62x to 1.43x 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$20.51 | NT$53.80 | x |
| 2018-12-31 | NT$20.97 | NT$53.80 | x |
| 2019-12-31 | NT$20.11 | NT$53.80 | x |
| 2020-12-31 | NT$22.02 | NT$53.80 | x |
| 2021-12-31 | NT$27.57 | NT$53.80 | x |
| 2022-12-31 | NT$26.62 | NT$53.80 | x |
| 2023-12-31 | NT$32.82 | NT$53.80 | x |
| 2024-12-31 | NT$37.56 | NT$53.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yungshin Construction & Development Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 42.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.73%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.14x
- Recent ROE (42.67%) is above the historical average (24.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.85% | 4.02% | 0.64x | 1.88x | NT$-88.95 Million |
| 2004 | 33.85% | 22.13% | 0.85x | 1.80x | NT$654.12 Million |
| 2005 | 32.59% | 25.16% | 0.67x | 1.93x | NT$648.35 Million |
| 2006 | 29.35% | 25.64% | 0.67x | 1.70x | NT$555.30 Million |
| 2007 | 34.09% | 29.53% | 0.75x | 1.53x | NT$771.04 Million |
| 2008 | 30.73% | 28.10% | 0.66x | 1.65x | NT$663.33 Million |
| 2009 | 16.41% | 20.42% | 0.55x | 1.46x | NT$207.74 Million |
| 2010 | 15.50% | 18.09% | 0.57x | 1.52x | NT$179.61 Million |
| 2011 | 10.89% | 19.93% | 0.34x | 1.61x | NT$27.36 Million |
| 2012 | 44.09% | 52.48% | 0.76x | 1.11x | NT$1.68 Billion |
| 2013 | 40.55% | 44.09% | 0.76x | 1.21x | NT$1.53 Billion |
| 2014 | 33.92% | 40.71% | 0.68x | 1.22x | NT$1.15 Billion |
| 2015 | 13.36% | 28.61% | 0.33x | 1.41x | NT$143.74 Million |
| 2016 | 10.39% | 21.56% | 0.33x | 1.47x | NT$16.47 Million |
| 2017 | 14.78% | 21.89% | 0.43x | 1.59x | NT$213.05 Million |
| 2018 | 15.15% | 21.69% | 0.39x | 1.77x | NT$234.88 Million |
| 2019 | 9.96% | 18.62% | 0.24x | 2.22x | NT$-1.73 Million |
| 2020 | 16.87% | 26.18% | 0.28x | 2.33x | NT$328.91 Million |
| 2021 | 32.27% | 32.05% | 0.44x | 2.28x | NT$1.34 Billion |
| 2022 | 26.48% | 37.09% | 0.24x | 3.00x | NT$953.98 Million |
| 2023 | 38.24% | 33.17% | 0.49x | 2.36x | NT$2.01 Billion |
| 2024 | 42.67% | 34.73% | 0.57x | 2.14x | NT$2.67 Billion |
Industry Comparison
This section compares Yungshin Construction & Development Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,584,659,200
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yungshin Construction & Development Co Ltd (5508) | NT$5.40 Billion | 4.85% | 2.55x | $108.05 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.02 Billion | 16.10% | 3.53x | $129.39 Million |
| Advancetek Enterprise Co Ltd (1442) | $5.24 Billion | 2.31% | 1.02x | $178.30 Million |
| Better Life Group Co Ltd (1805) | $323.75 Million | 0.00% | 2.24x | $19.30 Million |
| Run Long Construction Co Ltd (1808) | $2.63 Billion | 29.05% | 2.13x | $368.38 Million |
| Jean Co Ltd (2442) | $3.33 Billion | 0.00% | 1.23x | $101.72 Million |
| Kuo Yang Construction Co Ltd (2505) | $8.22 Billion | 0.69% | 1.26x | $116.40 Million |
| Pacific Construction Co Ltd (2506) | $15.29 Billion | 0.00% | 2.26x | $53.85 Million |
| Prince Housing & Development Corp (2511) | $10.50 Billion | -3.12% | 3.02x | $221.71 Million |
| King’s Town Construction Co Ltd (2524) | $8.23 Billion | 17.33% | 1.31x | $49.96 Million |
| Hung Sheng Construction Ltd (2534) | $9.07 Billion | 0.00% | 1.89x | $203.67 Million |