Concord Securities Co Ltd (6016) - Net Assets
Based on the latest financial reports, Concord Securities Co Ltd (6016) has net assets worth NT$10.72 Billion TWD (≈ $337.73 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$48.77 Billion ≈ $1.54 Billion USD) and total liabilities (NT$38.05 Billion ≈ $1.20 Billion 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 6016 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.72 Billion |
| % of Total Assets | 21.98% |
| Annual Growth Rate | 2.62% |
| 5-Year Change | 18.48% |
| 10-Year Change | N/A |
| Growth Volatility | 9.57 |
Concord Securities Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Concord Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Concord Securities Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Concord Securities Co Ltd (2015–2024)
The table below shows the annual net assets of Concord Securities Co Ltd from 2015 to 2024. For live valuation and market cap data, see market value of Concord Securities Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.80 Billion ≈ $308.61 Million |
+9.71% |
| 2023-12-31 | NT$8.93 Billion ≈ $281.29 Million |
+13.05% |
| 2022-12-31 | NT$7.90 Billion ≈ $248.82 Million |
-11.56% |
| 2021-12-31 | NT$8.93 Billion ≈ $281.34 Million |
+8.01% |
| 2020-12-31 | NT$8.27 Billion ≈ $260.47 Million |
+13.30% |
| 2019-12-31 | NT$7.30 Billion ≈ $229.90 Million |
+3.04% |
| 2018-12-31 | NT$7.08 Billion ≈ $223.11 Million |
-6.27% |
| 2017-12-31 | NT$7.56 Billion ≈ $238.04 Million |
+9.74% |
| 2016-12-31 | NT$6.89 Billion ≈ $216.92 Million |
-11.27% |
| 2015-12-31 | NT$7.76 Billion ≈ $244.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Concord 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 decreased by 5.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.10 Billion | 11.26% |
| Other Components | NT$8.64 Billion | 88.74% |
| Total Equity | NT$9.73 Billion | 100.00% |
Concord Securities Co Ltd Competitors by Market Cap
The table below lists competitors of Concord Securities Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The York Water Company
NASDAQ:YORW
|
$420.77 Million |
|
Suzhou Harmontronics Auto Tech Co Ltd
SHG:688022
|
$420.79 Million |
|
Advanced Enzyme Technologies Limited
NSE:ADVENZYMES
|
$420.87 Million |
|
DBV Technologies S.A.
PA:DBV
|
$420.88 Million |
|
MediaAlpha Inc.
NYSE:MAX
|
$420.67 Million |
|
Attica Holdings S.A.
AT:ATTICA
|
$420.67 Million |
|
Benitec Biopharma Ltd ADR
NASDAQ:BNTC
|
$420.65 Million |
|
SMS Electric Co Ltd Zhengzhou
SHE:002857
|
$420.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Concord Securities Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,868,649,000 to 9,731,376,000, a change of 862,727,000 (9.7%).
- Net income of 1,092,481,000 contributed positively to equity growth.
- Dividend payments of 386,396,000 reduced retained earnings.
- Other factors increased equity by 156,642,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.09 Billion | +11.23% |
| Dividends Paid | NT$386.40 Million | -3.97% |
| Other Changes | NT$156.64 Million | +1.61% |
| Total Change | NT$- | 9.73% |
Book Value vs Market Value Analysis
This analysis compares Concord 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: 1.37x
- 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 1.69x to 1.37x 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$11.53 | NT$19.45 | x |
| 2018-12-31 | NT$11.32 | NT$19.45 | x |
| 2019-12-31 | NT$12.15 | NT$19.45 | x |
| 2020-12-31 | NT$13.82 | NT$19.45 | x |
| 2021-12-31 | NT$14.93 | NT$19.45 | x |
| 2022-12-31 | NT$13.19 | NT$19.45 | x |
| 2023-12-31 | NT$12.92 | NT$19.45 | x |
| 2024-12-31 | NT$14.17 | NT$19.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Concord Securities Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.83%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 4.60x
- Recent ROE (11.23%) is above the historical average (5.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.06% | 10.18% | 0.07x | 4.40x | NT$-535.31 Million |
| 2016 | -5.18% | -23.98% | 0.05x | 4.18x | NT$-1.04 Billion |
| 2017 | 9.14% | 25.86% | 0.08x | 4.58x | NT$-64.37 Million |
| 2018 | -3.95% | -16.47% | 0.08x | 2.94x | NT$-981.70 Million |
| 2019 | 3.92% | 14.49% | 0.08x | 3.54x | NT$-440.35 Million |
| 2020 | 13.21% | 29.31% | 0.10x | 4.34x | NT$263.70 Million |
| 2021 | 15.62% | 31.10% | 0.11x | 4.44x | NT$498.42 Million |
| 2022 | -1.90% | -9.18% | 0.05x | 4.57x | NT$-932.57 Million |
| 2023 | 11.27% | 25.46% | 0.10x | 4.55x | NT$112.89 Million |
| 2024 | 11.23% | 25.83% | 0.09x | 4.60x | NT$119.34 Million |
Industry Comparison
This section compares Concord 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: $17,051,500,889
- Average return on equity (ROE) among peers: 4.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Concord Securities Co Ltd (6016) | NT$10.72 Billion | 3.06% | 3.55x | $420.73 Million |
| China Bills Finance Corp (2820) | $22.39 Billion | 7.19% | 8.27x | $710.82 Million |
| President Securities Corp (2855) | $29.81 Billion | 2.45% | 2.18x | $1.80 Billion |
| IBF Financial Holdings Co Ltd (2889) | $32.30 Billion | 4.18% | 5.78x | $1.66 Billion |
| Concord International Securities Co Ltd (5864) | $3.12 Billion | 9.62% | 0.15x | $408.09 Million |
| Capital Securities Corp (6005) | $32.20 Billion | 6.29% | 1.60x | $1.92 Billion |
| Horizon Securities Co Ltd (6015) | $4.79 Billion | -5.32% | 1.35x | $175.18 Million |
| Tachan Securities Co Ltd (6020) | $3.67 Billion | -0.04% | 0.23x | $153.05 Million |
| Good Finance Securities Co Ltd (6021) | $5.76 Billion | 1.84% | 1.63x | $325.28 Million |
| Yuanta Futures Co Ltd (6023) | $19.44 Billion | 13.66% | 8.50x | $1.00 Billion |
About Concord Securities Co Ltd
Concord Securities Co., Ltd., through its subsidiaries, provides brokerage and wealth management services in Taiwan. The company engages in trading securities proprietary and brokerage; underwriting; financing customers' acquisition and short sales; providing agency services for share affairs; assisting in futures trading; and other business. It also offers foreign and domestic futures proprietar… Read more