Tait Marketing & Distribution Co Ltd Net Assets
Tait Marketing & Distribution Co Ltd net assets. Based on the latest financial reports, Tait Marketing & Distribution Co Ltd (5902) has net assets worth NT$1.29 Billion TWD (≈ $40.70 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$1.72 Billion ≈ $54.29 Million USD) and total liabilities (NT$431.38 Million ≈ $13.59 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. Also explore net asset growth rate of Tait Marketing & Distribution Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.29 Billion |
| % of Total Assets | 74.97% |
| Annual Growth Rate | 7.1% |
| 5-Year Change | 20.19% |
| 10-Year Change | 88.15% |
| Growth Volatility | 14.13 |
Net Assets of Tait Marketing & Distribution Co Ltd (2015–2025)
Net assets of Tait Marketing & Distribution Co Ltd from 2015 to 2025. This chart illustrates how Tait Marketing & Distribution Co Ltd's net assets have evolved over time, based on quarterly financial data. See Tait Marketing & Distribution Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Tait Marketing & Distribution Co Ltd (2015–2025)
The table below shows the annual net assets of Tait Marketing & Distribution Co Ltd from 2015 to 2025. For live market cap and overall valuation, see Tait Marketing & Distribution Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.29 Billion ≈ $40.70 Million |
+4.53% |
| 2024-12-31 | NT$1.24 Billion ≈ $38.94 Million |
+4.94% |
| 2023-12-31 | NT$1.18 Billion ≈ $37.10 Million |
+2.79% |
| 2022-12-31 | NT$1.15 Billion ≈ $36.10 Million |
+6.59% |
| 2021-12-31 | NT$1.07 Billion ≈ $33.87 Million |
+15.98% |
| 2020-12-31 | NT$926.80 Million ≈ $29.20 Million |
-13.88% |
| 2019-12-31 | NT$1.08 Billion ≈ $33.91 Million |
+44.94% |
| 2018-12-31 | NT$742.49 Million ≈ $23.39 Million |
+4.31% |
| 2017-12-31 | NT$711.84 Million ≈ $22.43 Million |
+3.67% |
| 2016-12-31 | NT$686.64 Million ≈ $21.63 Million |
+5.52% |
| 2015-12-31 | NT$650.74 Million ≈ $20.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tait Marketing & Distribution 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 57135300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Tait Marketing & Distribution Co Ltd Net Assets Breakdown (December 2025)
Tait Marketing & Distribution Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$276.06 Million | 21.37% |
| Other Components | NT$1.02 Billion | 78.63% |
| Total Equity | NT$1.29 Billion | 100.00% |
Tait Marketing & Distribution Co Ltd Competitors by Market Cap
The table below lists competitors of Tait Marketing & Distribution Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tipco Foods Public Company Limited
BK:TIPCO
|
$101.53 Million |
|
West Wits Mining Ltd
AU:WWI
|
$101.54 Million |
|
Carbios
PA:ALCRB
|
$101.58 Million |
|
PCC Exol SA
WAR:PCX
|
$101.60 Million |
|
Farcent Enterprise Co Ltd
TW:1730
|
$101.40 Million |
|
Ching Feng Home Fashions Co Ltd
TW:9935
|
$101.38 Million |
|
Alpha Astika Akinita S.A
AT:ASTAK
|
$101.36 Million |
|
Entre Cua Socimi
MC:YENT
|
$101.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tait Marketing & Distribution Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,235,907,000 to 1,291,932,000, a change of 56,025,000 (4.5%).
- Net income of 211,587,000 contributed positively to equity growth.
- Dividend payments of 155,925,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$211.59 Million | +16.38% |
| Dividends Paid | NT$155.93 Million | -12.07% |
| Other Changes | NT$363.00K | +0.03% |
| Total Change | NT$- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares Tait Marketing & Distribution 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: 2.49x
- 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 4.53x to 2.49x 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$7.53 | NT$34.10 | x |
| 2018-12-31 | NT$7.86 | NT$34.10 | x |
| 2019-12-31 | NT$8.44 | NT$34.10 | x |
| 2020-12-31 | NT$9.80 | NT$34.10 | x |
| 2021-12-31 | NT$11.30 | NT$34.10 | x |
| 2022-12-31 | NT$12.04 | NT$34.10 | x |
| 2023-12-31 | NT$12.38 | NT$34.10 | x |
| 2024-12-31 | NT$13.08 | NT$34.10 | x |
| 2025-12-31 | NT$13.67 | NT$34.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tait Marketing & Distribution Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.26%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.33x
- Recent ROE (16.38%) is above the historical average (10.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.71% | 1.21% | 1.68x | 1.82x | NT$-40.94 Million |
| 2016 | 5.10% | 1.74% | 1.64x | 1.79x | NT$-33.64 Million |
| 2017 | 3.75% | 1.46% | 1.65x | 1.55x | NT$-44.52 Million |
| 2018 | 4.34% | 1.97% | 1.66x | 1.33x | NT$-42.06 Million |
| 2019 | 6.93% | 3.14% | 1.63x | 1.35x | NT$-24.47 Million |
| 2020 | 14.00% | 8.75% | 1.23x | 1.30x | NT$37.10 Million |
| 2021 | 13.79% | 8.22% | 1.23x | 1.36x | NT$40.73 Million |
| 2022 | 16.04% | 8.38% | 1.41x | 1.36x | NT$69.25 Million |
| 2023 | 14.75% | 8.23% | 1.37x | 1.31x | NT$55.91 Million |
| 2024 | 16.16% | 9.00% | 1.32x | 1.36x | NT$76.18 Million |
| 2025 | 16.38% | 9.26% | 1.33x | 1.33x | NT$82.39 Million |
Industry Comparison
This section compares Tait Marketing & Distribution Co Ltd's net assets metrics with peer companies in the Food Distribution industry.
No peer company data available for comparison.
About Tait Marketing & Distribution Co Ltd
Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, engages in the marketing, agency, and distribution of various foods, beverages, liquors, and supplies in Taiwan. The company provides beverages, desserts, ice cream, snack food, liquor, and mineral water; and is involved in the bulk material trading, as well as the manufacture and sales of tea beverage products. It sells its… Read more