Brave C&H Supply Co Ltd
Brave C&H Supply Co.,Ltd., together with its subsidiaries, manufactures and sells precision screens and screen-printing materials in Taiwan and China. The company's precision screens are used in dashboard and closure printing, textile, electronic, and photovoltaic industries, as well as in biotechnology and medical equipment applications. It also offers stretching and coating machines, exposure a… Read more
Brave C&H Supply Co Ltd (6538) - Net Assets
Latest net assets as of September 2025: NT$1.87 Billion TWD
Based on the latest financial reports, Brave C&H Supply Co Ltd (6538) has net assets worth NT$1.87 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.87 Billion) and total liabilities (NT$1.00 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$1.87 Billion |
| % of Total Assets | 65.08% |
| Annual Growth Rate | 8.95% |
| 5-Year Change | 16.09% |
| 10-Year Change | 70.34% |
| Growth Volatility | 13.24 |
Brave C&H Supply Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Brave C&H Supply 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 Brave C&H Supply Co Ltd (2013–2024)
The table below shows the annual net assets of Brave C&H Supply Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.07 Billion | +5.56% |
| 2023-12-31 | NT$1.96 Billion | +12.41% |
| 2022-12-31 | NT$1.75 Billion | +4.64% |
| 2021-12-31 | NT$1.67 Billion | -6.51% |
| 2020-12-31 | NT$1.79 Billion | +26.09% |
| 2019-12-31 | NT$1.42 Billion | +18.60% |
| 2018-12-31 | NT$1.19 Billion | -3.16% |
| 2017-12-31 | NT$1.23 Billion | -11.12% |
| 2016-12-31 | NT$1.39 Billion | +14.00% |
| 2015-12-31 | NT$1.22 Billion | +11.57% |
| 2014-12-31 | NT$1.09 Billion | +35.11% |
| 2013-12-31 | NT$807.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brave C&H Supply 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 170.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$984.41 Million | 47.48% |
| Other Components | NT$1.09 Billion | 52.52% |
| Total Equity | NT$2.07 Billion | 100.00% |
Brave C&H Supply Co Ltd Competitors by Market Cap
The table below lists competitors of Brave C&H Supply Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Old Mutual Ltd
JSE:OMU
|
$33.64 Million |
|
Voip-Pal.Com Inc
OTCQB:VPLM
|
$33.65 Million |
|
Gol Linhas Aéreas Inteligentes S.A
NYSE:GOLLQ
|
$33.65 Million |
|
Hastings Technology Metals Limited
PINK:HSRMF
|
$33.66 Million |
|
Herantis Pharma Oyj
HE:HRTIS
|
$33.60 Million |
|
Bukaka Teknik Utama Tbk Pt
JK:BUKK
|
$33.60 Million |
|
Wanhwa Enterprise Co
TW:2701
|
$33.60 Million |
|
Eldeco Housing And Industries Limited
NSE:ELDEHSG
|
$33.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brave C&H Supply Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,963,843,000 to 2,073,117,000, a change of 109,274,000 (5.6%).
- Net income of 343,989,000 contributed positively to equity growth.
- Dividend payments of 267,099,000 reduced retained earnings.
- Other comprehensive income decreased equity by 226,351,000.
- Other factors increased equity by 258,735,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$343.99 Million | +16.59% |
| Dividends Paid | NT$267.10 Million | -12.88% |
| Other Comprehensive Income | NT$-226.35 Million | -10.92% |
| Other Changes | NT$258.74 Million | +12.48% |
| Total Change | NT$- | 5.56% |
Book Value vs Market Value Analysis
This analysis compares Brave C&H Supply 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: 1.23x
- 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 2.73x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$24.48 | NT$66.70 | x |
| 2014-12-31 | NT$32.46 | NT$66.70 | x |
| 2015-12-31 | NT$35.25 | NT$66.70 | x |
| 2016-12-31 | NT$39.45 | NT$66.70 | x |
| 2017-12-31 | NT$33.09 | NT$66.70 | x |
| 2018-12-31 | NT$32.02 | NT$66.70 | x |
| 2019-12-31 | NT$37.91 | NT$66.70 | x |
| 2020-12-31 | NT$47.71 | NT$66.70 | x |
| 2021-12-31 | NT$44.58 | NT$66.70 | x |
| 2022-12-31 | NT$46.24 | NT$66.70 | x |
| 2023-12-31 | NT$50.94 | NT$66.70 | x |
| 2024-12-31 | NT$54.41 | NT$66.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brave C&H Supply 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): 16.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.58%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.54x
- Recent ROE (16.59%) is above the historical average (14.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.45% | 16.52% | 0.86x | 1.86x | NT$132.83 Million |
| 2014 | 19.63% | 15.49% | 0.83x | 1.53x | NT$105.02 Million |
| 2015 | 19.17% | 16.62% | 0.77x | 1.50x | NT$111.66 Million |
| 2016 | 9.41% | 10.37% | 0.73x | 1.25x | NT$-8.24 Million |
| 2017 | -2.23% | -3.06% | 0.53x | 1.37x | NT$-150.81 Million |
| 2018 | 0.17% | 0.23% | 0.54x | 1.37x | NT$-117.37 Million |
| 2019 | 20.08% | 18.97% | 0.73x | 1.45x | NT$142.78 Million |
| 2020 | 24.04% | 22.14% | 0.79x | 1.38x | NT$250.67 Million |
| 2021 | 9.22% | 11.65% | 0.56x | 1.43x | NT$-12.95 Million |
| 2022 | 9.75% | 11.45% | 0.58x | 1.46x | NT$-4.29 Million |
| 2023 | 17.29% | 15.77% | 0.75x | 1.47x | NT$143.13 Million |
| 2024 | 16.59% | 15.58% | 0.69x | 1.54x | NT$136.68 Million |
Industry Comparison
This section compares Brave C&H Supply Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brave C&H Supply Co Ltd (6538) | NT$1.87 Billion | 26.45% | 0.54x | $33.61 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |