Concord International Securities Co Ltd
Concord International Securities Co., Ltd provides brokerage, underwriting, stock agency, and consulting services in Taiwan. The company offers brokerage services, including buying and selling securities; customer development and business promotion; credit investigation and control of customer credit; compilation and securities information; consignment trading; loans; liquidation and delivery ser… Read more
Concord International Securities Co Ltd (5864) - Net Assets
Latest net assets as of September 2025: NT$7.56 Billion TWD
Based on the latest financial reports, Concord International Securities Co Ltd (5864) has net assets worth NT$7.56 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$10.65 Billion) and total liabilities (NT$3.09 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$7.56 Billion |
| % of Total Assets | 70.97% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | 82.11% |
| 10-Year Change | 155.05% |
| Growth Volatility | 12.05 |
Concord International Securities Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Concord International Securities 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 Concord International Securities Co Ltd (2009–2024)
The table below shows the annual net assets of Concord International Securities Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.24 Billion | +27.88% |
| 2023-12-31 | NT$5.66 Billion | +31.84% |
| 2022-12-31 | NT$4.29 Billion | -9.16% |
| 2021-12-31 | NT$4.73 Billion | +18.91% |
| 2020-12-31 | NT$3.97 Billion | +12.36% |
| 2019-12-31 | NT$3.54 Billion | -1.08% |
| 2018-12-31 | NT$3.58 Billion | +15.43% |
| 2017-12-31 | NT$3.10 Billion | +0.51% |
| 2016-12-31 | NT$3.08 Billion | +8.62% |
| 2015-12-31 | NT$2.84 Billion | -0.10% |
| 2014-12-31 | NT$2.84 Billion | -1.87% |
| 2013-12-31 | NT$2.89 Billion | -7.21% |
| 2012-12-31 | NT$3.12 Billion | +11.75% |
| 2011-12-31 | NT$2.79 Billion | -5.60% |
| 2010-12-31 | NT$2.96 Billion | +8.56% |
| 2009-12-31 | NT$2.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Concord International Securities 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 42.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$832.25 Million | 11.50% |
| Other Components | NT$6.40 Billion | 88.50% |
| Total Equity | NT$7.24 Billion | 100.00% |
Concord International Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Concord International Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHRCF
PINK:CHRCF
|
$197.07 Million |
|
Stockmann Oyj Series B
LSE:0MW2
|
$197.09 Million |
|
E. W. Scripps Co Class A
NASDAQ:SSP
|
$197.15 Million |
|
KNR Constructions Limited
NSE:KNRCON
|
$197.23 Million |
|
Ta Ann Holdings Bhd
KLSE:5012
|
$197.01 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$196.98 Million |
|
Sunteck Realty Limited
NSE:SUNTECK
|
$196.92 Million |
|
Anhui Huangshan Capsule Co Ltd
SHE:002817
|
$196.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Concord International Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,658,797,000 to 7,236,584,000, a change of 1,577,787,000 (27.9%).
- Net income of 688,224,000 contributed positively to equity growth.
- Dividend payments of 154,241,000 reduced retained earnings.
- New share issuances of 1,124,700,000 increased equity.
- Other comprehensive income decreased equity by 1,536,088,000.
- Other factors increased equity by 1,455,192,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$688.22 Million | +9.51% |
| Dividends Paid | NT$154.24 Million | -2.13% |
| Share Issuances | NT$1.12 Billion | +15.54% |
| Other Comprehensive Income | NT$-1.54 Billion | -21.23% |
| Other Changes | NT$1.46 Billion | +20.11% |
| Total Change | NT$- | 27.88% |
Book Value vs Market Value Analysis
This analysis compares Concord International Securities 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: 1.49x
- 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 2.24x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$10.56 | NT$23.70 | x |
| 2010-12-31 | NT$11.46 | NT$23.70 | x |
| 2011-12-31 | NT$10.82 | NT$23.70 | x |
| 2012-12-31 | NT$12.09 | NT$23.70 | x |
| 2013-12-31 | NT$11.22 | NT$23.70 | x |
| 2014-12-31 | NT$11.01 | NT$23.70 | x |
| 2015-12-31 | NT$11.00 | NT$23.70 | x |
| 2016-12-31 | NT$11.93 | NT$23.70 | x |
| 2017-12-31 | NT$12.00 | NT$23.70 | x |
| 2018-12-31 | NT$13.27 | NT$23.70 | x |
| 2019-12-31 | NT$12.67 | NT$23.70 | x |
| 2020-12-31 | NT$14.25 | NT$23.70 | x |
| 2021-12-31 | NT$16.93 | NT$23.70 | x |
| 2022-12-31 | NT$15.42 | NT$23.70 | x |
| 2023-12-31 | NT$20.52 | NT$23.70 | x |
| 2024-12-31 | NT$15.92 | NT$23.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Concord International Securities 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): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 95.87%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.21x
- Recent ROE (9.51%) is above the historical average (5.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.57% | 85.96% | 0.11x | 1.20x | NT$42.81 Million |
| 2010 | 9.03% | 73.56% | 0.11x | 1.16x | NT$-28.57 Million |
| 2011 | -7.72% | -73.59% | 0.10x | 1.07x | NT$-494.62 Million |
| 2012 | 9.62% | 148.37% | 0.06x | 1.15x | NT$-11.79 Million |
| 2013 | -5.68% | -85.61% | 0.05x | 1.41x | NT$-453.74 Million |
| 2014 | -1.14% | -15.39% | 0.06x | 1.31x | NT$-316.27 Million |
| 2015 | 0.99% | 10.79% | 0.06x | 1.44x | NT$-255.78 Million |
| 2016 | 6.24% | 90.00% | 0.05x | 1.42x | NT$-115.95 Million |
| 2017 | 4.07% | 41.99% | 0.06x | 1.66x | NT$-183.61 Million |
| 2018 | 12.45% | 92.52% | 0.10x | 1.30x | NT$87.44 Million |
| 2019 | 3.84% | 42.72% | 0.06x | 1.41x | NT$-218.02 Million |
| 2020 | 11.80% | 111.14% | 0.07x | 1.63x | NT$71.70 Million |
| 2021 | 14.88% | 103.69% | 0.08x | 1.78x | NT$230.50 Million |
| 2022 | -5.23% | -40.59% | 0.10x | 1.29x | NT$-653.88 Million |
| 2023 | 15.48% | 176.88% | 0.06x | 1.35x | NT$310.10 Million |
| 2024 | 9.51% | 95.87% | 0.08x | 1.21x | NT$-35.43 Million |
Industry Comparison
This section compares Concord International Securities Co Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $11,073,512,333
- Average return on equity (ROE) among peers: 7.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Concord International Securities Co Ltd (5864) | NT$7.56 Billion | 11.57% | 0.41x | $197.05 Million |
| China Bills Finance Corp (2820) | $24.93 Billion | 5.17% | 7.92x | $444.53 Million |
| President Securities Corp (2855) | $17.26 Billion | -3.07% | 1.06x | $842.90 Million |
| IBF Financial Holdings Co Ltd (2889) | $32.30 Billion | 4.18% | 5.78x | $1.41 Billion |
| SysJust Co., Ltd. (3158) | $577.08 Million | 26.94% | 0.47x | $48.00 Million |
| Tachan Securities Co Ltd (6020) | $4.00 Billion | 2.90% | 0.51x | $23.61 Million |
| Good Finance Securities Co Ltd (6021) | $4.96 Billion | 3.97% | 0.40x | $103.80 Million |
| Yuanta Futures Co Ltd (6023) | $6.78 Billion | 11.47% | 7.39x | $311.36 Million |
| Capital Futures Corp (6024) | $6.27 Billion | 7.81% | 6.43x | $171.88 Million |
| Grand Fortune Securities Co Ltd (6026) | $2.58 Billion | 5.15% | 0.38x | $132.94 Million |