Tien Li Offshore Wind Technology Co., Ltd.
Tien Li Offshore Wind Technology Co., Ltd. designs, manufactures and sells offshore wind turbine blades. It is involved in the manufacture and research of blades mold; and improvement of blade production process, and blades maintenance. The company was founded in 1998 and is based in Taichung, Taiwan.
Tien Li Offshore Wind Technology Co., Ltd. (6793) - Net Assets
Latest net assets as of June 2025: NT$1.47 Billion TWD
Based on the latest financial reports, Tien Li Offshore Wind Technology Co., Ltd. (6793) has net assets worth NT$1.47 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$1.91 Billion) and total liabilities (NT$436.58 Million). 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$1.47 Billion |
| % of Total Assets | 77.1% |
| Annual Growth Rate | 53.94% |
| 5-Year Change | 21.75% |
| 10-Year Change | N/A |
| Growth Volatility | 242.19 |
Tien Li Offshore Wind Technology Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Tien Li Offshore Wind Technology 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 Tien Li Offshore Wind Technology Co., Ltd. (2019–2024)
The table below shows the annual net assets of Tien Li Offshore Wind Technology Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.60 Billion | -3.61% |
| 2023-12-31 | NT$1.66 Billion | +5.26% |
| 2022-12-31 | NT$1.58 Billion | -7.93% |
| 2021-12-31 | NT$1.72 Billion | +30.33% |
| 2020-12-31 | NT$1.32 Billion | +610.59% |
| 2019-12-31 | NT$185.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tien Li Offshore Wind 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 1196200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$756.00 Million | 47.13% |
| Other Comprehensive Income | NT$8.92 Million | 0.56% |
| Other Components | NT$891.83 Million | 55.60% |
| Total Equity | NT$1.60 Billion | 100.00% |
Tien Li Offshore Wind Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Tien Li Offshore Wind Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunrise Energy Metals Limited
OTCQX:SREMF
|
$12.39 Million |
|
CAMBR.COGNIT.HLDGS LS-01
F:1M7
|
$12.39 Million |
|
Rami Levi
TA:RMLI
|
$12.39 Million |
|
RedcapTour Co. Ltd
KQ:038390
|
$12.39 Million |
|
Blue Ocean Acquisition Corp
NASDAQ:BOCN
|
$12.38 Million |
|
Galva Technologies Tbk PT
JK:GLVA
|
$12.38 Million |
|
ESH Acquisition Corp. Class A Common Stock
NASDAQ:ESHA
|
$12.38 Million |
|
Kapa Gold Inc.
V:KAPA
|
$12.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tien Li Offshore Wind Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,664,157,000 to 1,604,133,000, a change of -60,024,000 (-3.6%).
- Net loss of 57,279,000 reduced equity.
- Dividend payments of 14,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 9,144,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-57.28 Million | -3.57% |
| Dividends Paid | NT$14.00 Million | -0.87% |
| Other Comprehensive Income | NT$9.14 Million | +0.57% |
| Other Changes | NT$2.11 Million | +0.13% |
| Total Change | NT$- | -3.61% |
Book Value vs Market Value Analysis
This analysis compares Tien Li Offshore Wind 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.92x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$6.87 | NT$6.30 | x |
| 2020-12-31 | NT$30.03 | NT$6.30 | x |
| 2021-12-31 | NT$26.75 | NT$6.30 | x |
| 2022-12-31 | NT$21.90 | NT$6.30 | x |
| 2023-12-31 | NT$22.00 | NT$6.30 | x |
| 2024-12-31 | NT$21.22 | NT$6.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tien Li Offshore Wind Technology Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.82%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.51x
- Recent ROE (-3.57%) is above the historical average (-11.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -20.69% | 0.00% | 0.00x | 2.17x | NT$-56.91 Million |
| 2020 | -5.15% | 0.00% | 0.00x | 1.67x | NT$-199.58 Million |
| 2021 | -22.19% | 0.00% | 0.00x | 1.86x | NT$-552.74 Million |
| 2022 | -24.50% | -96.93% | 0.17x | 1.45x | NT$-545.38 Million |
| 2023 | 5.00% | 7.64% | 0.44x | 1.48x | NT$-83.20 Million |
| 2024 | -3.57% | -4.82% | 0.49x | 1.51x | NT$-217.69 Million |
Industry Comparison
This section compares Tien Li Offshore Wind 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: $13,532,689,500
- Average return on equity (ROE) among peers: 12.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tien Li Offshore Wind Technology Co., Ltd. (6793) | NT$1.47 Billion | -20.69% | 0.30x | $12.39 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |