Singbao International Co Ltd (6130) - Net Assets
Based on the latest financial reports, Singbao International Co Ltd (6130) has net assets worth NT$650.75 Million TWD (≈ $20.50 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$877.78 Million ≈ $27.65 Million USD) and total liabilities (NT$227.03 Million ≈ $7.15 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 Singbao International Co Ltd (6130) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$650.75 Million |
| % of Total Assets | 74.14% |
| Annual Growth Rate | 7.85% |
| 5-Year Change | 37.68% |
| 10-Year Change | 118.73% |
| Growth Volatility | 22.61 |
Singbao International Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Singbao International Co Ltd's net assets have evolved over time, based on quarterly financial data. See Singbao International Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Singbao International Co Ltd (2015–2025)
The table below shows the annual net assets of Singbao International Co Ltd from 2015 to 2025. For live valuation and market cap data, see Singbao International Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$650.75 Million ≈ $20.50 Million |
-12.80% |
| 2024-12-31 | NT$746.24 Million ≈ $23.51 Million |
-6.77% |
| 2023-12-31 | NT$800.43 Million ≈ $25.22 Million |
+3.85% |
| 2022-12-31 | NT$770.76 Million ≈ $24.28 Million |
+63.07% |
| 2021-12-31 | NT$472.66 Million ≈ $14.89 Million |
+9.27% |
| 2020-12-31 | NT$432.58 Million ≈ $13.63 Million |
+31.66% |
| 2019-12-31 | NT$328.55 Million ≈ $10.35 Million |
+26.51% |
| 2018-12-31 | NT$259.70 Million ≈ $8.18 Million |
-8.54% |
| 2017-12-31 | NT$283.94 Million ≈ $8.95 Million |
-4.56% |
| 2016-12-31 | NT$297.51 Million ≈ $9.37 Million |
-2.65% |
| 2015-12-31 | NT$305.60 Million ≈ $9.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Singbao International 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 7435100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$621.78 Million | 113.99% |
| Total Equity | NT$545.47 Million | 100.00% |
Singbao International Co Ltd Competitors by Market Cap
The table below lists competitors of Singbao International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Success Transformer Corporation Bhd
KLSE:7207
|
$36.14 Million |
|
Power Minerals Ltd
AU:PNN
|
$36.14 Million |
|
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company
AT:IKTIN
|
$36.20 Million |
|
Avrupa Yatirim Holding AS
IS:AVHOL
|
$36.21 Million |
|
Senetas Corporation Ltd
AU:SEN
|
$36.13 Million |
|
Vection Technologies Ltd
AU:VR1
|
$36.11 Million |
|
Dancomech Holdings Bhd
KLSE:5276
|
$36.11 Million |
|
Manomay Tex India Limited
NSE:MANOMAY
|
$36.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singbao International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 624,943,000 to 545,469,000, a change of -79,474,000 (-12.7%).
- Net loss of 76,310,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-76.31 Million | -13.99% |
| Other Changes | NT$-3.16 Million | -0.58% |
| Total Change | NT$- | -12.72% |
Book Value vs Market Value Analysis
This analysis compares Singbao International 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: 1.97x
- 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 2.32x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$10.46 | NT$24.25 | x |
| 2017-12-31 | NT$10.08 | NT$24.25 | x |
| 2018-12-31 | NT$9.22 | NT$24.25 | x |
| 2019-12-31 | NT$8.95 | NT$24.25 | x |
| 2020-12-31 | NT$9.15 | NT$24.25 | x |
| 2021-12-31 | NT$15.49 | NT$24.25 | x |
| 2022-12-31 | NT$18.25 | NT$24.25 | x |
| 2023-12-31 | NT$15.42 | NT$24.25 | x |
| 2024-12-31 | NT$14.11 | NT$24.25 | x |
| 2025-12-31 | NT$12.31 | NT$24.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singbao International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.32%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.61x
- Recent ROE (-13.99%) is below the historical average (-4.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.18% | -1.42% | 0.73x | 1.13x | NT$-33.04 Million |
| 2016 | 0.76% | 1.25% | 0.57x | 1.07x | NT$-27.23 Million |
| 2017 | -3.63% | -12.02% | 0.19x | 1.56x | NT$-38.70 Million |
| 2018 | -9.03% | -43.66% | 0.13x | 1.59x | NT$-49.42 Million |
| 2019 | -6.45% | -25.89% | 0.11x | 2.21x | NT$-41.92 Million |
| 2020 | -9.52% | -19.50% | 0.11x | 4.33x | NT$-55.12 Million |
| 2021 | 6.87% | 31.27% | 0.19x | 1.16x | NT$-14.80 Million |
| 2022 | 0.17% | 1.50% | 0.09x | 1.22x | NT$-75.80 Million |
| 2023 | -11.72% | -34.63% | 0.24x | 1.42x | NT$-148.34 Million |
| 2024 | -5.35% | -17.11% | 0.20x | 1.57x | NT$-95.92 Million |
| 2025 | -13.99% | -49.32% | 0.18x | 1.61x | NT$-130.86 Million |
Industry Comparison
This section compares Singbao International Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - General industry.
Industry Context
- Industry: Drug Manufacturers - General
- Average net assets among peers: $732,607,000
- Average return on equity (ROE) among peers: 0.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singbao International Co Ltd (6130) | NT$650.75 Million | -1.18% | 0.35x | $36.14 Million |
| Yung Zip Chemical Ind Co Ltd (4102) | $732.61 Million | 0.48% | 0.10x | $25.30 Million |
About Singbao International Co Ltd
Shangya Technology Co., Ltd. engages in the generic drugs and solar power generation businesses in Taiwan and Asia. The company wholesales Chinese and Western medicines, medical equipment, and beauty and hair care products; and onrito, lixin fumitation, lufuxing film-coated, amperex film coating, leverb-coated, triton film-coated, special core stabilized, tanlipo film-coated, inhibitory film-coat… Read more