Yuanta Futures Co Ltd
Yuanta Futures Co., Ltd., together with its subsidiaries, engages in the futures brokerage business in Taiwan, the rest of Asia, Europe, America, and internationally. It operates through Brokerage and Dealing segments. The company offers onshore and offshore futures brokerage, futures dealing, futures consulting, securities dealing, leverage transaction merchant, and other various futures-related… Read more
Yuanta Futures Co Ltd (6023) - Net Assets
Latest net assets as of June 2025: NT$17.78 Billion TWD
Based on the latest financial reports, Yuanta Futures Co Ltd (6023) has net assets worth NT$17.78 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$195.34 Billion) and total liabilities (NT$177.56 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$17.78 Billion |
| % of Total Assets | 9.1% |
| Annual Growth Rate | 9.95% |
| 5-Year Change | 34.25% |
| 10-Year Change | N/A |
| Growth Volatility | 44.78 |
Yuanta Futures Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Yuanta Futures 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 Yuanta Futures Co Ltd (2015–2024)
The table below shows the annual net assets of Yuanta Futures Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$15.92 Billion | +9.70% |
| 2023-12-31 | NT$14.51 Billion | +12.76% |
| 2022-12-31 | NT$12.87 Billion | +4.22% |
| 2021-12-31 | NT$12.35 Billion | +4.14% |
| 2020-12-31 | NT$11.86 Billion | +618.59% |
| 2019-12-31 | NT$-2.29 Billion | -127.82% |
| 2018-12-31 | NT$8.22 Billion | +10.08% |
| 2017-12-31 | NT$7.47 Billion | +3.95% |
| 2016-12-31 | NT$7.18 Billion | +6.00% |
| 2015-12-31 | NT$6.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yuanta Futures 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 15.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.10 Billion | 19.50% |
| Other Components | NT$12.82 Billion | 80.50% |
| Total Equity | NT$15.92 Billion | 100.00% |
Yuanta Futures Co Ltd Competitors by Market Cap
The table below lists competitors of Yuanta Futures Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Luxfer Holdings PLC
NYSE:LXFR
|
$311.46 Million |
|
Sirio Pharma
SHE:300791
|
$311.52 Million |
|
Beijing Yuanlong Yato Culture Dissemination Co Ltd
SHE:002878
|
$311.73 Million |
|
Beijing Century Real Tech
SHE:300150
|
$311.76 Million |
|
Suzhou Kelida Bldg &
SHG:603828
|
$311.19 Million |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
$311.06 Million |
|
Maxic Technology Inc. A
SHG:688458
|
$311.06 Million |
|
Sobute New Materials Co Ltd
SHG:603916
|
$311.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yuanta Futures Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,512,709,000 to 15,920,303,000, a change of 1,407,594,000 (9.7%).
- Net income of 2,166,896,000 contributed positively to equity growth.
- Dividend payments of 1,449,881,000 reduced retained earnings.
- Other comprehensive income decreased equity by 14,512,709,000.
- Other factors increased equity by 15,203,288,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.17 Billion | +13.61% |
| Dividends Paid | NT$1.45 Billion | -9.11% |
| Other Comprehensive Income | NT$-14.51 Billion | -91.16% |
| Other Changes | NT$15.20 Billion | +95.5% |
| Total Change | NT$- | 9.70% |
Book Value vs Market Value Analysis
This analysis compares Yuanta Futures 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: 1.74x
- 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 3.01x to 1.74x 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$31.32 | NT$94.30 | x |
| 2018-12-31 | NT$34.47 | NT$94.30 | x |
| 2019-12-31 | NT$14856777800.00 | NT$94.30 | x |
| 2020-12-31 | NT$46.88 | NT$94.30 | x |
| 2021-12-31 | NT$42.59 | NT$94.30 | x |
| 2022-12-31 | NT$44.39 | NT$94.30 | x |
| 2023-12-31 | NT$50.05 | NT$94.30 | x |
| 2024-12-31 | NT$54.18 | NT$94.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yuanta Futures 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): 13.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.67%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 10.32x
- Recent ROE (13.61%) is above the historical average (10.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.47% | 26.79% | 0.05x | 8.39x | NT$99.38 Million |
| 2016 | 11.63% | 29.45% | 0.05x | 8.65x | NT$117.32 Million |
| 2017 | 11.69% | 31.02% | 0.05x | 7.70x | NT$126.53 Million |
| 2018 | 12.17% | 28.35% | 0.05x | 8.92x | NT$177.99 Million |
| 2019 | 1.90% | 48.22% | 81.02x | 0.00x | NT$-6.02 Billion |
| 2020 | 9.02% | 28.40% | 0.04x | 8.17x | NT$-115.76 Million |
| 2021 | 6.97% | 22.13% | 0.04x | 7.93x | NT$-374.71 Million |
| 2022 | 8.90% | 29.29% | 0.03x | 8.73x | NT$-141.74 Million |
| 2023 | 12.77% | 52.46% | 0.03x | 7.76x | NT$401.45 Million |
| 2024 | 13.61% | 53.67% | 0.02x | 10.32x | NT$574.87 Million |
Industry Comparison
This section compares Yuanta Futures Co Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $10,635,761,222
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuanta Futures Co Ltd (6023) | NT$17.78 Billion | 11.47% | 9.99x | $311.36 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 |
| Concord International Securities Co Ltd (5864) | $2.84 Billion | 0.99% | 0.44x | $197.05 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 |
| 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 |