JDV Control Valves Co. Ltd.

TWO:6843 Taiwan
Market Cap
$42.32 Million
NT$1.40 Billion TWD
Market Cap Rank
#44458 Global
#1971 in Taiwan
Share Price
NT$47.30
Change (1 day)
-6.52%
52-Week Range
NT$43.95 - NT$66.20
All Time High
NT$77.41
About

JDV Control Valves Co., Ltd. engages in the manufacture and sale of control valves under the JDV brand name in Taiwan and internationally. The company offers actuators, ball valves, butterfly valves, control valves, and gate/globe/check valves, as well as accessories. Its products are used in the petrochemical, refining, power plants, textile, steel, optical, food, and pulp and paper industries. … Read more

JDV Control Valves Co. Ltd. (6843) - Net Assets

Latest net assets as of June 2024: NT$781.72 Million TWD

Based on the latest financial reports, JDV Control Valves Co. Ltd. (6843) has net assets worth NT$781.72 Million TWD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.29 Billion) and total liabilities (NT$512.01 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$781.72 Million
% of Total Assets 60.42%
Annual Growth Rate 14.18%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 13.88

JDV Control Valves Co. Ltd. - Net Assets Trend (2019–2023)

This chart illustrates how JDV Control Valves 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 JDV Control Valves Co. Ltd. (2019–2023)

The table below shows the annual net assets of JDV Control Valves Co. Ltd. from 2019 to 2023.

Year Net Assets Change
2023-12-31 NT$828.15 Million +6.60%
2022-12-31 NT$776.88 Million +38.98%
2021-12-31 NT$559.01 Million +6.63%
2020-12-31 NT$524.27 Million +7.60%
2019-12-31 NT$487.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to JDV Control Valves 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 195.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings NT$194.39 Million 23.47%
Common Stock NT$333.04 Million 40.21%
Other Comprehensive Income NT$36.49 Million 4.41%
Other Components NT$264.23 Million 31.91%
Total Equity NT$828.15 Million 100.00%

JDV Control Valves Co. Ltd. Competitors by Market Cap

The table below lists competitors of JDV Control Valves Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JDV Control Valves Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 776,885,000 to 828,154,000, a change of 51,269,000 (6.6%).
  • Net income of 135,185,000 contributed positively to equity growth.
  • Dividend payments of 83,260,000 reduced retained earnings.
  • Other comprehensive income increased equity by 7,157,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income NT$135.19 Million +16.32%
Dividends Paid NT$83.26 Million -10.05%
Other Comprehensive Income NT$7.16 Million +0.86%
Other Changes NT$-7.81 Million -0.94%
Total Change NT$- 6.60%

Book Value vs Market Value Analysis

This analysis compares JDV Control Valves 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: 1.90x
  • 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 2.87x to 1.90x 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$16.46 NT$47.30 x
2020-12-31 NT$17.71 NT$47.30 x
2021-12-31 NT$19.13 NT$47.30 x
2022-12-31 NT$25.65 NT$47.30 x
2023-12-31 NT$24.83 NT$47.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JDV Control Valves 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): 16.32%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.20%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.58x
  • Recent ROE (16.32%) is above the historical average (13.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 9.68% 7.54% 0.70x 1.84x NT$-1.58 Million
2020 11.76% 9.57% 0.72x 1.72x NT$9.25 Million
2021 12.80% 9.14% 0.80x 1.75x NT$15.64 Million
2022 17.15% 14.44% 0.81x 1.47x NT$55.52 Million
2023 16.32% 14.20% 0.73x 1.58x NT$52.37 Million

Industry Comparison

This section compares JDV Control Valves Co. Ltd.'s net assets metrics with peer companies in the same industry.

No peer company data available for comparison.