Chung Lien Transportation Co Ltd

TWO:5604 Taiwan Trucking
Market Cap
$115.40 Million
NT$3.82 Billion TWD
Market Cap Rank
#19536 Global
#969 in Taiwan
Share Price
NT$35.10
Change (1 day)
-0.28%
52-Week Range
NT$34.55 - NT$41.45
All Time High
NT$86.58
About

Chung Lien Co., Ltd engages in the real estate leasing and selling business. It is also involved in retailing of computer information products and software; and provides information maintenance services. Chung Lien Co., Ltd was formerly known as Chung Lien Transportation Co., Ltd. Chung Lien Co., Ltd was incorporated in 1954 and is based in Taichung, Taiwan.

Chung Lien Transportation Co Ltd (5604) - Net Assets

Latest net assets as of September 2025: NT$2.08 Billion TWD

Based on the latest financial reports, Chung Lien Transportation Co Ltd (5604) has net assets worth NT$2.08 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$2.61 Billion) and total liabilities (NT$532.26 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$2.08 Billion
% of Total Assets 79.62%
Annual Growth Rate 0.83%
5-Year Change -25.53%
10-Year Change N/A
Growth Volatility 11.32

Chung Lien Transportation Co Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Chung Lien Transportation 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 Chung Lien Transportation Co Ltd (2017–2024)

The table below shows the annual net assets of Chung Lien Transportation Co Ltd from 2017 to 2024.

Year Net Assets Change
2024-12-31 NT$2.26 Billion +2.47%
2023-12-31 NT$2.21 Billion -5.47%
2022-12-31 NT$2.33 Billion -19.65%
2021-12-31 NT$2.91 Billion -4.31%
2020-12-31 NT$3.04 Billion +13.22%
2019-12-31 NT$2.68 Billion +10.84%
2018-12-31 NT$2.42 Billion +13.38%
2017-12-31 NT$2.13 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Chung Lien Transportation 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 13.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$1.09 Billion 48.17%
Other Components NT$1.17 Billion 51.83%
Total Equity NT$2.26 Billion 100.00%

Chung Lien Transportation Co Ltd Competitors by Market Cap

The table below lists competitors of Chung Lien Transportation Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chung Lien Transportation Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,206,322,000 to 2,260,729,000, a change of 54,407,000 (2.5%).
  • Net income of 271,973,000 contributed positively to equity growth.
  • Dividend payments of 217,566,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$271.97 Million +12.03%
Dividends Paid NT$217.57 Million -9.62%
Total Change NT$- 2.47%

Book Value vs Market Value Analysis

This analysis compares Chung Lien Transportation 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: 1.69x
  • 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 1.79x to 1.69x 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$19.61 NT$35.10 x
2018-12-31 NT$22.24 NT$35.10 x
2019-12-31 NT$24.64 NT$35.10 x
2020-12-31 NT$27.90 NT$35.10 x
2021-12-31 NT$26.70 NT$35.10 x
2022-12-31 NT$21.46 NT$35.10 x
2023-12-31 NT$20.28 NT$35.10 x
2024-12-31 NT$20.78 NT$35.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chung Lien Transportation 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): 12.03%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 171.25%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.26x
  • Recent ROE (12.03%) is below the historical average (15.44%), 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 4.01% 7.52% 0.32x 1.68x NT$-127.78 Million
2018 18.12% 41.26% 0.29x 1.50x NT$196.35 Million
2019 24.50% 1057.92% 0.02x 1.24x NT$388.70 Million
2020 31.55% 764.10% 0.03x 1.24x NT$654.10 Million
2021 25.27% 490.09% 0.04x 1.18x NT$443.57 Million
2022 3.97% 57.34% 0.06x 1.23x NT$-140.79 Million
2023 4.07% 55.97% 0.06x 1.24x NT$-130.81 Million
2024 12.03% 171.25% 0.06x 1.26x NT$45.90 Million

Industry Comparison

This section compares Chung Lien Transportation Co Ltd's net assets metrics with peer companies in the Trucking industry.

Industry Context

  • Industry: Trucking
  • Average net assets among peers: $12,961,443,000
  • Average return on equity (ROE) among peers: 8.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chung Lien Transportation Co Ltd (5604) NT$2.08 Billion 4.01% 0.26x $73.28 Million
Kerry TJ Logistics Co Ltd (2608) $12.96 Billion 8.09% 0.90x $162.98 Million