Concord International Securities Co Ltd (5864) - Net Assets
Based on the latest financial reports, Concord International Securities Co Ltd (5864) has net assets worth NT$8.16 Billion TWD (≈ $257.22 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.46 Billion ≈ $392.46 Million USD) and total liabilities (NT$4.29 Billion ≈ $135.25 Million USD). 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. Check how tangible is Concord International Securities Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.16 Billion |
| % of Total Assets | 65.54% |
| Annual Growth Rate | 7.1% |
| 5-Year Change | 72.78% |
| 10-Year Change | 164.91% |
| Growth Volatility | 11.74 |
Concord International Securities Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Concord International Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. See 5864 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Concord International Securities Co Ltd (2009–2025)
The table below shows the annual net assets of Concord International Securities Co Ltd from 2009 to 2025. For live valuation and market cap data, see market value of Concord International Securities Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.16 Billion ≈ $257.22 Million |
+12.82% |
| 2024-12-31 | NT$7.24 Billion ≈ $227.99 Million |
+27.88% |
| 2023-12-31 | NT$5.66 Billion ≈ $178.28 Million |
+31.84% |
| 2022-12-31 | NT$4.29 Billion ≈ $135.23 Million |
-9.16% |
| 2021-12-31 | NT$4.73 Billion ≈ $148.87 Million |
+18.91% |
| 2020-12-31 | NT$3.97 Billion ≈ $125.19 Million |
+12.36% |
| 2019-12-31 | NT$3.54 Billion ≈ $111.43 Million |
-1.08% |
| 2018-12-31 | NT$3.58 Billion ≈ $112.65 Million |
+15.43% |
| 2017-12-31 | NT$3.10 Billion ≈ $97.59 Million |
+0.51% |
| 2016-12-31 | NT$3.08 Billion ≈ $97.10 Million |
+8.62% |
| 2015-12-31 | NT$2.84 Billion ≈ $89.39 Million |
-0.10% |
| 2014-12-31 | NT$2.84 Billion ≈ $89.48 Million |
-1.87% |
| 2013-12-31 | NT$2.89 Billion ≈ $91.18 Million |
-7.21% |
| 2012-12-31 | NT$3.12 Billion ≈ $98.26 Million |
+11.75% |
| 2011-12-31 | NT$2.79 Billion ≈ $87.93 Million |
-5.60% |
| 2010-12-31 | NT$2.96 Billion ≈ $93.15 Million |
+8.56% |
| 2009-12-31 | NT$2.72 Billion ≈ $85.81 Million |
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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 117.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.27 Billion | 15.55% |
| Other Components | NT$6.89 Billion | 84.45% |
| Total Equity | NT$8.16 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 |
|---|---|
|
Shanghai Sinotec Co Ltd
SHG:603121
|
$702.45 Million |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
$702.83 Million |
|
Telesat Corp
TO:TSAT
|
$702.86 Million |
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
$702.86 Million |
|
Wagners Holding Company Ltd
AU:WGN
|
$702.35 Million |
|
Kronos Worldwide Inc
NYSE:KRO
|
$701.82 Million |
|
Sunflag Iron And Steel Company Limited
NSE:SUNFLAG
|
$701.64 Million |
|
Yalla Group Ltd
NYSE:YALA
|
$701.19 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 2024 to 2025, total equity changed from 7,236,584,000 to 8,164,156,000, a change of 927,572,000 (12.8%).
- Net income of 1,161,878,000 contributed positively to equity growth.
- Dividend payments of 168,332,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.16 Billion | +14.23% |
| Dividends Paid | NT$168.33 Million | -2.06% |
| Other Changes | NT$-65.97 Million | -0.81% |
| Total Change | NT$- | 12.82% |
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: 2.73x
- 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 4.64x to 2.73x 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$49.05 | x |
| 2010-12-31 | NT$11.46 | NT$49.05 | x |
| 2011-12-31 | NT$10.82 | NT$49.05 | x |
| 2012-12-31 | NT$12.09 | NT$49.05 | x |
| 2013-12-31 | NT$11.22 | NT$49.05 | x |
| 2014-12-31 | NT$11.01 | NT$49.05 | x |
| 2015-12-31 | NT$11.00 | NT$49.05 | x |
| 2016-12-31 | NT$11.93 | NT$49.05 | x |
| 2017-12-31 | NT$12.00 | NT$49.05 | x |
| 2018-12-31 | NT$13.27 | NT$49.05 | x |
| 2019-12-31 | NT$12.67 | NT$49.05 | x |
| 2020-12-31 | NT$14.25 | NT$49.05 | x |
| 2021-12-31 | NT$16.93 | NT$49.05 | x |
| 2022-12-31 | NT$15.42 | NT$49.05 | x |
| 2023-12-31 | NT$20.52 | NT$49.05 | x |
| 2024-12-31 | NT$15.92 | NT$49.05 | x |
| 2025-12-31 | NT$17.96 | NT$49.05 | 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): 14.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 203.76%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.53x
- Recent ROE (14.23%) is above the historical average (6.11%), 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 |
| 2025 | 14.23% | 203.76% | 0.05x | 1.53x | NT$345.46 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: $17,099,190,556
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Concord International Securities Co Ltd (5864) | NT$8.16 Billion | 11.57% | 0.53x | $702.35 Million |
| China Bills Finance Corp (2820) | $23.30 Billion | 5.73% | 7.56x | $755.24 Million |
| President Securities Corp (2855) | $32.14 Billion | 8.96% | 3.38x | $2.63 Billion |
| IBF Financial Holdings Co Ltd (2889) | $27.42 Billion | 5.97% | 7.97x | $1.75 Billion |
| Capital Securities Corp (6005) | $38.69 Billion | 2.17% | 3.95x | $2.71 Billion |
| Horizon Securities Co Ltd (6015) | $4.38 Billion | -3.74% | 1.19x | $226.38 Million |
| Concord Securities Co Ltd (6016) | $7.08 Billion | -3.93% | 1.92x | $622.99 Million |
| Tachan Securities Co Ltd (6020) | $3.89 Billion | 6.16% | 0.22x | $181.27 Million |
| Good Finance Securities Co Ltd (6021) | $4.64 Billion | 0.56% | 0.58x | $406.76 Million |
| Yuanta Futures Co Ltd (6023) | $12.35 Billion | 6.97% | 6.93x | $1.01 Billion |
About 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 business of buying and selling securities on behalf of clients in centralized or over-the-counter markets, customer acquisition and business development, credit investigation and control of customer credit, compilation and pr… Read more