Sunfon Construction Co Ltd
Sunfon Construction Co., Ltd., together with its subsidiary, engages in the development, construction, and sale of public housing and commercial buildings. The company is also involved in the construction of civil engineering projects, lease of commercial buildings, demolition of buildings, and waste removal activities. Sunfon Construction Co., Ltd. was founded in 1977 and is based in Taipei, Tai… Read more
Sunfon Construction Co Ltd (5514) - Net Assets
Latest net assets as of December 2025: NT$3.12 Billion TWD
Based on the latest financial reports, Sunfon Construction Co Ltd (5514) has net assets worth NT$3.12 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.74 Billion) and total liabilities (NT$3.62 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$3.12 Billion |
| % of Total Assets | 46.34% |
| Annual Growth Rate | 4.11% |
| 5-Year Change | 9.46% |
| 10-Year Change | N/A |
| Growth Volatility | 18.52 |
Sunfon Construction Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Sunfon Construction 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 Sunfon Construction Co Ltd (2017–2025)
The table below shows the annual net assets of Sunfon Construction Co Ltd from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.12 Billion | +0.65% |
| 2024-12-31 | NT$3.10 Billion | +7.61% |
| 2023-12-31 | NT$2.88 Billion | +5.87% |
| 2022-12-31 | NT$2.72 Billion | -4.55% |
| 2021-12-31 | NT$2.85 Billion | +4.54% |
| 2020-12-31 | NT$2.73 Billion | -16.71% |
| 2019-12-31 | NT$3.28 Billion | +50.59% |
| 2018-12-31 | NT$2.18 Billion | -3.85% |
| 2017-12-31 | NT$2.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunfon Construction 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 93.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$34.14 Million | 1.09% |
| Other Components | NT$3.09 Billion | 98.91% |
| Total Equity | NT$3.12 Billion | 100.00% |
Sunfon Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Sunfon Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
M-POWER INFORMATION Co., LTD.
TWO:6874
|
$33.19 Million |
|
Moller Y Perez
SN:MOLLER
|
$33.20 Million |
|
Myungmoon Phar
KO:017180
|
$33.20 Million |
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
$33.20 Million |
|
Dong-A Hwa Sung Co.Ltd
KQ:041930
|
$33.19 Million |
|
Abnova Taiwan Corp
TW:4133
|
$33.18 Million |
|
MEGA International Development Co Ltd
TWO:5529
|
$33.18 Million |
|
ONE GROUP HOSPIT.DL-0001
F:XZ9
|
$33.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunfon Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,103,179,000 to 3,123,454,000, a change of 20,275,000 (0.7%).
- Net loss of 29,934,000 reduced equity.
- Other factors increased equity by 50,209,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-29.93 Million | -0.96% |
| Other Changes | NT$50.21 Million | +1.61% |
| Total Change | NT$- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares Sunfon Construction 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: 1.15x
- 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 1.53x to 1.15x 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$10.31 | NT$15.80 | x |
| 2018-12-31 | NT$9.91 | NT$15.80 | x |
| 2019-12-31 | NT$12.03 | NT$15.80 | x |
| 2020-12-31 | NT$13.15 | NT$15.80 | x |
| 2021-12-31 | NT$13.75 | NT$15.80 | x |
| 2022-12-31 | NT$13.12 | NT$15.80 | x |
| 2023-12-31 | NT$13.89 | NT$15.80 | x |
| 2024-12-31 | NT$13.69 | NT$15.80 | x |
| 2025-12-31 | NT$13.78 | NT$15.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunfon Construction Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -517.89%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.16x
- Recent ROE (-0.96%) is below the historical average (3.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.43% | 138.74% | 0.03x | 1.26x | NT$-103.37 Million |
| 2018 | 0.98% | 4.67% | 0.13x | 1.56x | NT$-196.32 Million |
| 2019 | 12.86% | 26.08% | 0.39x | 1.27x | NT$75.63 Million |
| 2020 | 7.50% | 30.69% | 0.20x | 1.21x | NT$-68.33 Million |
| 2021 | -0.26% | -130.28% | 0.00x | 1.53x | NT$-292.71 Million |
| 2022 | -0.51% | -200.52% | 0.00x | 1.71x | NT$-286.28 Million |
| 2023 | 1.00% | 6.05% | 0.09x | 1.87x | NT$-259.43 Million |
| 2024 | 2.73% | 12.39% | 0.11x | 1.92x | NT$-225.46 Million |
| 2025 | -0.96% | -517.89% | 0.00x | 2.16x | NT$-342.28 Million |
Industry Comparison
This section compares Sunfon Construction Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,679,879,000
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunfon Construction Co Ltd (5514) | NT$3.12 Billion | 5.43% | 1.16x | $33.19 Million |
| Sun Yad Construction Co Ltd (1316) | $2.61 Billion | -3.93% | 1.72x | $118.24 Million |
| GTM Holdings Corp (1437) | $5.06 Billion | 8.52% | 0.86x | $109.18 Million |
| I-Hwa Industrial Co Ltd (1456) | $1.29 Billion | 5.28% | 4.21x | $7.40 Million |
| Hiyes International Co Ltd (2348) | $1.11 Billion | 8.17% | 0.85x | $117.34 Million |
| Chainqui Construction Development Co Ltd (2509) | $3.67 Billion | 10.73% | 0.91x | $52.37 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $7.39 Billion | 0.87% | 1.55x | $137.37 Million |
| Crowell Development Corp (2528) | $307.29 Million | 0.00% | 4.72x | $196.03 Million |
| JSL Construction & Development Co Ltd (2540) | $4.04 Billion | 6.45% | 1.48x | $370.33 Million |
| Wanhwa Enterprise Co (2701) | $3.23 Billion | 11.73% | 0.32x | $33.60 Million |
| First Hotel Co Ltd (2706) | $8.10 Billion | 6.19% | 0.15x | $50.43 Million |