Chyunn Environment Corporation
Chyunn Environment Corporation operates as a waste removal company in Taiwan. It offers garbage removal and transportation, resource recovery, general and hazardous utility waste removal, construction waste removal, and machine scrapping services. The company was founded in 1981 and is based in Tainan City, Taiwan.
Chyunn Environment Corporation (6911) - Net Assets
Latest net assets as of June 2025: NT$615.63 Million TWD
Based on the latest financial reports, Chyunn Environment Corporation (6911) has net assets worth NT$615.63 Million 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$882.31 Million) and total liabilities (NT$266.68 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$615.63 Million |
| % of Total Assets | 69.78% |
| Annual Growth Rate | 33.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 46.14 |
Chyunn Environment Corporation - Net Assets Trend (2020–2024)
This chart illustrates how Chyunn Environment Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chyunn Environment Corporation (2020–2024)
The table below shows the annual net assets of Chyunn Environment Corporation from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$557.91 Million | +3.71% |
| 2023-12-31 | NT$537.93 Million | -2.74% |
| 2022-12-31 | NT$553.08 Million | +47.98% |
| 2021-12-31 | NT$373.76 Million | +112.88% |
| 2020-12-31 | NT$175.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chyunn Environment Corporation'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 189.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$58.68 Million | 14.69% |
| Common Stock | NT$200.00 Million | 50.07% |
| Other Components | NT$140.76 Million | 35.24% |
| Total Equity | NT$399.43 Million | 100.00% |
Chyunn Environment Corporation Competitors by Market Cap
The table below lists competitors of Chyunn Environment Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sonder Holdings Inc
NASDAQ:SONDW
|
$8.87K |
|
Tng Investment And Trading JSC
VN:TNG
|
$8.88K |
|
ITV (IJ7.SG)
STU:IJ7
|
$8.88K |
|
Alexandria New Medical Center
EGX:AMES
|
$8.88K |
|
FIQE3F
SA:FIQE3F
|
$8.87K |
|
FREEGOLD VENT - Dusseldorf Stock Exchang
DU:FR4N
|
$8.86K |
|
Beneficient Warrant
NASDAQ:BENFW
|
$8.85K |
|
The Mint Corporation
PINK:MITJF
|
$8.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chyunn Environment Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 383,282,000 to 399,432,000, a change of 16,150,000 (4.2%).
- Net income of 57,891,000 contributed positively to equity growth.
- Dividend payments of 40,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$57.89 Million | +14.49% |
| Dividends Paid | NT$40.00 Million | -10.01% |
| Other Changes | NT$-1.74 Million | -0.44% |
| Total Change | NT$- | 4.21% |
Book Value vs Market Value Analysis
This analysis compares Chyunn Environment Corporation'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: 1.64x
- 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 2.57x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$12.45 | NT$32.05 | x |
| 2021-12-31 | NT$23.95 | NT$32.05 | x |
| 2022-12-31 | NT$19.57 | NT$32.05 | x |
| 2023-12-31 | NT$19.13 | NT$32.05 | x |
| 2024-12-31 | NT$19.51 | NT$32.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chyunn Environment Corporation 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): 14.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.38%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.26x
- Recent ROE (14.49%) is above the historical average (14.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 19.08% | 9.01% | 1.06x | 1.99x | NT$15.95 Million |
| 2021 | 13.28% | 13.35% | 0.67x | 1.49x | NT$12.27 Million |
| 2022 | 14.07% | 15.14% | 0.45x | 2.05x | NT$16.29 Million |
| 2023 | 11.53% | 9.72% | 0.56x | 2.13x | NT$5.87 Million |
| 2024 | 14.49% | 12.38% | 0.52x | 2.26x | NT$17.95 Million |
Industry Comparison
This section compares Chyunn Environment Corporation's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $2,047,313,556
- Average return on equity (ROE) among peers: 11.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chyunn Environment Corporation (6911) | NT$615.63 Million | 19.08% | 0.43x | $8.87K |
| Taiwan Steel Union Co Ltd (6581) | $4.33 Billion | 22.73% | 0.14x | $51.95 Million |
| Ever-Clear Environmental Eng. Corp. (6624) | $298.39 Million | 0.25% | 1.76x | $22.95 Million |
| Ping Ho Environmental Technology Co., Ltd. (6771) | $869.78 Million | 13.60% | 0.55x | $30.63 Million |
| ECOVE Environment Corp (6803) | $5.26 Billion | 16.11% | 0.39x | $305.16 Million |
| Techzone Technology Materials Co., Ltd. (6947) | $384.05 Million | 10.37% | 1.62x | $115.78 Million |
| Chin Hsin Environ Engineering Co., Ltd. (6951) | $194.12 Million | 18.31% | 1.55x | $37.68 Million |
| Enrestec Inc. (7507) | $1.45 Billion | 8.42% | 0.54x | $31.28 Million |
| Revivegen Co., Ltd. (7578) | $366.82 Million | 3.07% | 1.12x | $28.10 Million |
| Sunny Friend Environmental Technology Co Ltd (8341) | $5.27 Billion | 7.76% | 0.97x | $168.01 Million |