Concord Securities Co Ltd (6016) - Net Assets
Based on the latest financial reports, Concord Securities Co Ltd (6016) has net assets worth NT$11.29 Billion TWD (≈ $355.69 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$53.22 Billion ≈ $1.68 Billion USD) and total liabilities (NT$41.93 Billion ≈ $1.32 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. Also explore Concord Securities Co Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$11.29 Billion |
| % of Total Assets | 21.21% |
| Annual Growth Rate | 3.82% |
| 5-Year Change | 26.42% |
| 10-Year Change | 63.97% |
| Growth Volatility | 9.78 |
Concord Securities Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Concord Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Concord Securities Co Ltd (6016) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Concord Securities Co Ltd (2015–2025)
The table below shows the annual net assets of Concord Securities Co Ltd from 2015 to 2025. For live valuation and market cap data, see market cap of Concord Securities Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$11.29 Billion ≈ $355.69 Million |
+15.26% |
| 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 grown by 19.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.38 Billion | 12.30% |
| Other Components | NT$9.84 Billion | 87.70% |
| Total Equity | NT$11.22 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 |
|---|---|
|
Perspective Therapeutics Inc.
NYSE MKT:CATX
|
$442.39 Million |
|
Diageo PLC
LSE:DGE
|
$442.45 Million |
|
Tianjin Pengling Rubber Hose Co Ltd
SHE:300375
|
$442.47 Million |
|
PRIMA MARINE PCL-NVDR
BK:PRM-R
|
$442.48 Million |
|
Shanghai Conglin Environmental Protection Technology Co. Ltd. A
SHG:688370
|
$442.19 Million |
|
Wuhan Ligong Guangke Co Ltd
SHE:300557
|
$442.17 Million |
|
Traffic Control Technology Co Ltd
SHG:688015
|
$442.03 Million |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
$442.01 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 2024 to 2025, total equity changed from 9,731,376,000 to 11,222,718,000, a change of 1,491,342,000 (15.3%).
- Net income of 1,362,688,000 contributed positively to equity growth.
- Dividend payments of 140,440,000 reduced retained earnings.
- Other factors increased equity by 269,094,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.36 Billion | +12.14% |
| Dividends Paid | NT$140.44 Million | -1.25% |
| Other Changes | NT$269.09 Million | +2.4% |
| Total Change | NT$- | 15.33% |
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: 1.25x
- 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 1.77x to 1.25x 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$20.45 | x |
| 2018-12-31 | NT$11.32 | NT$20.45 | x |
| 2019-12-31 | NT$12.15 | NT$20.45 | x |
| 2020-12-31 | NT$13.82 | NT$20.45 | x |
| 2021-12-31 | NT$14.93 | NT$20.45 | x |
| 2022-12-31 | NT$13.19 | NT$20.45 | x |
| 2023-12-31 | NT$12.92 | NT$20.45 | x |
| 2024-12-31 | NT$14.17 | NT$20.45 | x |
| 2025-12-31 | NT$16.35 | NT$20.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Concord Securities Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.61%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 4.74x
- Recent ROE (12.14%) is above the historical average (6.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.06% | 10.18% | 0.07x | 4.40x | NT$-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 |
| 2025 | 12.14% | 42.61% | 0.06x | 4.74x | NT$240.42 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: $15,432,456,889
- Average return on equity (ROE) among peers: 5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Concord Securities Co Ltd (6016) | NT$11.29 Billion | 3.06% | 3.71x | $442.36 Million |
| China Bills Finance Corp (2820) | $27.83 Billion | 6.45% | 8.53x | $689.66 Million |
| President Securities Corp (2855) | $25.43 Billion | 10.30% | 2.39x | $2.26 Billion |
| IBF Financial Holdings Co Ltd (2889) | $36.12 Billion | 5.60% | 6.70x | $1.76 Billion |
| Concord International Securities Co Ltd (5864) | $2.79 Billion | -7.72% | 0.07x | $441.74 Million |
| Capital Securities Corp (6005) | $31.53 Billion | 4.91% | 1.96x | $2.38 Billion |
| Horizon Securities Co Ltd (6015) | $5.33 Billion | 23.26% | 2.10x | $191.84 Million |
| Tachan Securities Co Ltd (6020) | $3.85 Billion | 0.05% | 0.23x | $167.36 Million |
| Good Finance Securities Co Ltd (6021) | $8.30 Billion | 5.28% | 1.83x | $331.51 Million |
| Yuanta Futures Co Ltd (6023) | $-2.29 Billion | 0.00% | 0.00x | $862.93 Million |
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