Trusval Technology Co Ltd (6667) - Net Assets
Based on the latest financial reports, Trusval Technology Co Ltd (6667) has net assets worth NT$1.82 Billion TWD (≈ $57.33 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.42 Billion ≈ $170.80 Million USD) and total liabilities (NT$3.60 Billion ≈ $113.46 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 Trusval Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.82 Billion |
| % of Total Assets | 33.57% |
| Annual Growth Rate | 15.73% |
| 5-Year Change | 93.38% |
| 10-Year Change | N/A |
| Growth Volatility | 12.97 |
Trusval Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Trusval Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Trusval Technology Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Trusval Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Trusval Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see Trusval Technology Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.88 Billion ≈ $59.19 Million |
+23.77% |
| 2023-12-31 | NT$1.52 Billion ≈ $47.82 Million |
+9.49% |
| 2022-12-31 | NT$1.39 Billion ≈ $43.67 Million |
+33.87% |
| 2021-12-31 | NT$1.04 Billion ≈ $32.62 Million |
+6.59% |
| 2020-12-31 | NT$971.44 Million ≈ $30.61 Million |
+28.72% |
| 2019-12-31 | NT$754.69 Million ≈ $23.78 Million |
-6.27% |
| 2018-12-31 | NT$805.20 Million ≈ $25.37 Million |
+19.21% |
| 2017-12-31 | NT$675.43 Million ≈ $21.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Trusval Technology 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 82.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$533.67 Million | 28.46% |
| Other Components | NT$1.34 Billion | 71.54% |
| Total Equity | NT$1.88 Billion | 100.00% |
Trusval Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Trusval Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metrics Income Opportunities Trust
AU:MOT
|
$413.03 Million |
|
Zumiez Inc
NASDAQ:ZUMZ
|
$413.06 Million |
|
Israel Land Development Company Co Ltd
TA:ILDC
|
$413.12 Million |
|
Zhengzhou J and T Hi Tech Co
SHE:300845
|
$413.16 Million |
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$412.81 Million |
|
Fiducial Real Estate SA
PA:ORIA
|
$412.79 Million |
|
Community Health Systems Inc
NYSE:CYH
|
$412.79 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
$412.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trusval Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,517,774,000 to 1,875,292,000, a change of 357,518,000 (23.6%).
- Net income of 439,623,000 contributed positively to equity growth.
- Dividend payments of 289,272,000 reduced retained earnings.
- New share issuances of 179,652,000 increased equity.
- Other factors increased equity by 27,515,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$439.62 Million | +23.44% |
| Dividends Paid | NT$289.27 Million | -15.43% |
| Share Issuances | NT$179.65 Million | +9.58% |
| Other Changes | NT$27.52 Million | +1.47% |
| Total Change | NT$- | 23.56% |
Book Value vs Market Value Analysis
This analysis compares Trusval Technology 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: 6.65x
- 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 12.53x to 6.65x 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$21.24 | NT$266.00 | x |
| 2018-12-31 | NT$22.79 | NT$266.00 | x |
| 2019-12-31 | NT$21.18 | NT$266.00 | x |
| 2020-12-31 | NT$25.74 | NT$266.00 | x |
| 2021-12-31 | NT$25.64 | NT$266.00 | x |
| 2022-12-31 | NT$32.71 | NT$266.00 | x |
| 2023-12-31 | NT$33.22 | NT$266.00 | x |
| 2024-12-31 | NT$40.02 | NT$266.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trusval Technology 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): 23.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.12%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.33x
- Recent ROE (23.44%) is above the historical average (14.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.88% | 13.00% | 0.63x | 2.20x | NT$53.26 Million |
| 2018 | 12.81% | 10.27% | 0.59x | 2.10x | NT$22.60 Million |
| 2019 | 5.31% | 3.22% | 0.71x | 2.32x | NT$-35.40 Million |
| 2020 | 7.57% | 5.68% | 0.71x | 1.89x | NT$-23.59 Million |
| 2021 | 12.56% | 7.39% | 0.73x | 2.32x | NT$26.55 Million |
| 2022 | 15.23% | 8.56% | 0.78x | 2.28x | NT$72.54 Million |
| 2023 | 21.17% | 13.32% | 0.74x | 2.16x | NT$169.48 Million |
| 2024 | 23.44% | 12.12% | 0.83x | 2.33x | NT$252.09 Million |
Industry Comparison
This section compares Trusval Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $12,042,481,900
- Average return on equity (ROE) among peers: 8.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trusval Technology Co Ltd (6667) | NT$1.82 Billion | 17.88% | 1.98x | $412.98 Million |
| TECO Electric & Machinery Co Ltd (1504) | $55.72 Billion | 6.25% | 0.66x | $4.61 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $8.16 Billion | 6.73% | 0.83x | $2.31 Billion |
| Anderson Industrial Corp (1528) | $1.76 Billion | 8.23% | 1.17x | $173.61 Million |
| Awea Mechantronic Co Ltd (1530) | $3.39 Billion | 6.22% | 0.76x | $78.83 Million |
| Kaulin Mfg (1531) | $3.74 Billion | 4.98% | 0.23x | $74.30 Million |
| Chiu Ting Machinery Co Ltd (1539) | $669.23 Million | -8.44% | 1.29x | $33.26 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.37 Billion | 3.35% | 0.19x | $56.42 Million |
| Sinmag Equipment (1580) | $2.04 Billion | 26.12% | 0.62x | $191.20 Million |
| Goodway Machine Corp (1583) | $8.41 Billion | 14.92% | 0.77x | $160.62 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $9.17 Billion |
About Trusval Technology Co Ltd
Trusval Technology Co., Ltd. provides solutions in the field of water supply system, waste treatment, and system integration. The company offers functional water supply systems, including CO2-DIW, O3-DIW, H2-DIW, and NH3-DIW dissolvers; and waste water treatment advanced processes that include waste acid De H2O2, waste solvent De H2O2, waste solvent De DMSO/DMSO2, waste water degrade IPA, and sol… Read more