Best Precision Industrial Co., Ltd.

TWO:6859 Taiwan Metal Fabrication
Market Cap
$147.27 Million
NT$4.87 Billion TWD
Market Cap Rank
#19858 Global
#1003 in Taiwan
Share Price
NT$117.50
Change (1 day)
-4.47%
52-Week Range
NT$89.90 - NT$170.50
All Time High
NT$170.50
About

Best Precision Industrial Co., Ltd. engages in the design, manufacture, and sale of precision optical molds and components in Taiwan, China, Southeast Asia, and internationally. It offers optical mold base for mobile phones and VR/AR/MR; and optical mold core for VR/AR/MR, mobile phones, glass molding, in-vehicle monitoring, medical accessories mold, and others. The company also provides high pre… Read more

Best Precision Industrial Co., Ltd. (6859) - Net Assets

Latest net assets as of September 2025: NT$2.10 Billion TWD

Based on the latest financial reports, Best Precision Industrial Co., Ltd. (6859) has net assets worth NT$2.10 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$2.46 Billion) and total liabilities (NT$358.98 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$2.10 Billion
% of Total Assets 85.39%
Annual Growth Rate 14.12%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 17.57

Best Precision Industrial Co., Ltd. - Net Assets Trend (2021–2024)

This chart illustrates how Best Precision Industrial 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 Best Precision Industrial Co., Ltd. (2021–2024)

The table below shows the annual net assets of Best Precision Industrial Co., Ltd. from 2021 to 2024.

Year Net Assets Change
2024-12-31 NT$1.84 Billion +3.40%
2023-12-31 NT$1.78 Billion +2.50%
2022-12-31 NT$1.74 Billion +40.22%
2021-12-31 NT$1.24 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Best Precision Industrial 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 27.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$849.42 Million 46.04%
Other Components NT$995.50 Million 53.96%
Total Equity NT$1.84 Billion 100.00%

Best Precision Industrial Co., Ltd. Competitors by Market Cap

The table below lists competitors of Best Precision Industrial Co., Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Best Precision Industrial Co., Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,784,245,000 to 1,844,917,000, a change of 60,672,000 (3.4%).
  • Net income of 122,935,000 contributed positively to equity growth.
  • Dividend payments of 78,268,000 reduced retained earnings.
  • New share issuances of 100,051,000 increased equity.
  • Other factors decreased equity by 84,046,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$122.94 Million +6.66%
Dividends Paid NT$78.27 Million -4.24%
Share Issuances NT$100.05 Million +5.42%
Other Changes NT$-84.05 Million -4.56%
Total Change NT$- 3.40%

Book Value vs Market Value Analysis

This analysis compares Best Precision Industrial 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: 2.51x
  • 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 3.40x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 NT$34.59 NT$117.50 x
2022-12-31 NT$44.35 NT$117.50 x
2023-12-31 NT$45.16 NT$117.50 x
2024-12-31 NT$46.74 NT$117.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Best Precision Industrial 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): 6.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.03%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.30x
  • Recent ROE (6.66%) is below the historical average (9.40%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 12.20% 16.18% 0.55x 1.37x NT$27.29 Million
2022 13.13% 23.11% 0.47x 1.22x NT$54.40 Million
2023 5.61% 12.63% 0.36x 1.24x NT$-78.41 Million
2024 6.66% 18.03% 0.28x 1.30x NT$-61.56 Million

Industry Comparison

This section compares Best Precision Industrial Co., Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $3,188,127,500
  • Average return on equity (ROE) among peers: 3.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Best Precision Industrial Co., Ltd. (6859) NT$2.10 Billion 12.20% 0.17x $67.39 Million
Sun Rise E&T Corporation (1343) $412.47 Million 0.73% 0.69x $22.15 Million
Lee Chi Enterprises Co Ltd (1517) $2.41 Billion 6.15% 0.28x $48.28 Million
China Metal Products Co Ltd (1532) $3.84 Billion 19.44% 3.50x $161.98 Million
Bin Chuan Enterprise Co Ltd (1569) $3.24 Billion 12.17% 1.18x $144.71 Million
China Fineblanking Technology Co Ltd (1586) $1.54 Billion 2.80% 1.77x $49.06 Million
Yeong Guan Energy Technology Group Co Ltd (1589) $2.60 Billion 3.01% 1.48x $15.38 Million
Solar Applied Materials Technology (1785) $12.99 Billion 8.35% 1.04x $1.07 Billion
Chia Yi Steel Co Ltd (2067) $296.62 Million -41.63% 5.31x $4.93 Million
CX Technology Corp (2415) $1.78 Billion 10.39% 1.04x $47.22 Million
Catcher Technology Co Ltd (2474) $2.77 Billion 10.99% 0.15x $2.91 Billion