Brave C&H Supply Co Ltd (6538) - Net Assets
Based on the latest financial reports, Brave C&H Supply Co Ltd (6538) has net assets worth NT$1.92 Billion TWD (≈ $60.49 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.00 Billion ≈ $94.53 Million USD) and total liabilities (NT$1.08 Billion ≈ $34.04 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 6538 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.92 Billion |
| % of Total Assets | 63.99% |
| Annual Growth Rate | 7.43% |
| 5-Year Change | 14.33% |
| 10-Year Change | 37.58% |
| Growth Volatility | 13.58 |
Brave C&H Supply Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Brave C&H Supply Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Brave C&H Supply Co Ltd market capitalisation.
Annual Net Assets for Brave C&H Supply Co Ltd (2013–2025)
The table below shows the annual net assets of Brave C&H Supply Co Ltd from 2013 to 2025. Also explore net asset growth rate of Brave C&H Supply Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.91 Billion ≈ $60.14 Million |
-7.92% |
| 2024-12-31 | NT$2.07 Billion ≈ $65.31 Million |
+5.56% |
| 2023-12-31 | NT$1.96 Billion ≈ $61.87 Million |
+12.41% |
| 2022-12-31 | NT$1.75 Billion ≈ $55.04 Million |
+4.64% |
| 2021-12-31 | NT$1.67 Billion ≈ $52.60 Million |
-6.51% |
| 2020-12-31 | NT$1.79 Billion ≈ $56.26 Million |
+26.09% |
| 2019-12-31 | NT$1.42 Billion ≈ $44.62 Million |
+18.60% |
| 2018-12-31 | NT$1.19 Billion ≈ $37.62 Million |
-3.16% |
| 2017-12-31 | NT$1.23 Billion ≈ $38.85 Million |
-11.12% |
| 2016-12-31 | NT$1.39 Billion ≈ $43.71 Million |
+14.00% |
| 2015-12-31 | NT$1.22 Billion ≈ $38.34 Million |
+11.57% |
| 2014-12-31 | NT$1.09 Billion ≈ $34.37 Million |
+35.11% |
| 2013-12-31 | NT$807.40 Million ≈ $25.44 Million |
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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 101.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$734.19 Million | 38.46% |
| Other Components | NT$1.17 Billion | 61.54% |
| Total Equity | NT$1.91 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 |
|---|---|
|
Priority Technology Holdings Inc
NASDAQ:PRTH
|
$447.24 Million |
|
Changshu Ruite Electric Co Ltd
SHE:300600
|
$449.07 Million |
|
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
|
$447.39 Million |
|
Select Harvests Ltd
AU:SHV
|
$447.45 Million |
|
Guangdong Dp Co Ltd
SHE:300808
|
$513.68 Million |
|
Panoro Energy ASA
OL:PEN
|
$447.03 Million |
|
Tae Kwang Corporation
KQ:023160
|
$447.01 Million |
|
Colony Bankcorp Inc.
NYSE:CBAN
|
$446.92 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 2024 to 2025, total equity changed from 2,073,117,000 to 1,908,824,000, a change of -164,293,000 (-7.9%).
- Net income of 42,884,000 contributed positively to equity growth.
- Dividend payments of 266,720,000 reduced retained earnings.
- Other factors increased equity by 59,543,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$42.88 Million | +2.25% |
| Dividends Paid | NT$266.72 Million | -13.97% |
| Other Changes | NT$59.54 Million | +3.12% |
| Total Change | NT$- | -7.92% |
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: 7.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.42x to 7.04x 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$353.00 | x |
| 2014-12-31 | NT$32.46 | NT$353.00 | x |
| 2015-12-31 | NT$35.25 | NT$353.00 | x |
| 2016-12-31 | NT$39.45 | NT$353.00 | x |
| 2017-12-31 | NT$33.09 | NT$353.00 | x |
| 2018-12-31 | NT$32.02 | NT$353.00 | x |
| 2019-12-31 | NT$37.91 | NT$353.00 | x |
| 2020-12-31 | NT$47.71 | NT$353.00 | x |
| 2021-12-31 | NT$44.58 | NT$353.00 | x |
| 2022-12-31 | NT$46.24 | NT$353.00 | x |
| 2023-12-31 | NT$50.94 | NT$353.00 | x |
| 2024-12-31 | NT$54.41 | NT$353.00 | x |
| 2025-12-31 | NT$50.14 | NT$353.00 | 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): 2.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.49x
- Recent ROE (2.25%) is below the historical average (13.22%), suggesting potential challenges in 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$136.68 Million |
| 2025 | 2.25% | 2.96% | 0.51x | 1.49x | NT$-148.00 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: $97,618,220,800
- Average return on equity (ROE) among peers: 9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brave C&H Supply Co Ltd (6538) | NT$1.92 Billion | 26.45% | 0.56x | $414.90 Million |
| Syncmold Enterprise Corp (1582) | $3.56 Billion | 9.51% | 0.60x | $320.44 Million |
| Fulltech Fiber Glass (1815) | $7.45 Billion | 8.07% | 0.98x | $1.83 Billion |
| Delta Electronics Inc (2308) | $72.37 Billion | 20.81% | 0.63x | $139.94 Billion |
| Compeq Manufacturing Co Ltd (2313) | $39.25 Billion | 10.62% | 1.02x | $8.20 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.64 Billion | 6.76% | 0.86x | $906.02 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $682.97 Billion | 13.86% | 2.00x | $109.10 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $35.20 Billion |
| Pan-International Industrial Corp (2328) | $13.62 Billion | 2.43% | 0.38x | $756.93 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $509.70 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $699.19 Million |
About 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. It provides plate cleaner, stainless steel mesh, teflon, nylon mesh, dust-free wiping cloth, solar-powered carbon fiber scraper, tension meter, peeling powder, wire frames, filler, degreasing agent, high-sensitivity photosensitive emulsion, and scr… Read more