Trans-Sun Materials Technology Company Limited
Trans-Sun Materials Technology Company Limited engages in the design, manufacture, and service of electronic functional material solutions in Taiwan and internationally. The company offers its products for printing, conductive cooling EMI, mesh and breathable membrane, insulation and cushioning, medical, protective film, and automobile applications. It also distributes adhesives, single and doubl… Read more
Trans-Sun Materials Technology Company Limited (6967) - Net Assets
Latest net assets as of September 2025: NT$783.06 Million TWD
Based on the latest financial reports, Trans-Sun Materials Technology Company Limited (6967) has net assets worth NT$783.06 Million 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$1.24 Billion) and total liabilities (NT$455.33 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$783.06 Million |
| % of Total Assets | 63.23% |
| Annual Growth Rate | 9.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.84 |
Trans-Sun Materials Technology Company Limited - Net Assets Trend (2021–2024)
This chart illustrates how Trans-Sun Materials Technology Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trans-Sun Materials Technology Company Limited (2021–2024)
The table below shows the annual net assets of Trans-Sun Materials Technology Company Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$839.00 Million | +20.64% |
| 2023-12-31 | NT$695.45 Million | +1.83% |
| 2022-12-31 | NT$682.92 Million | +7.87% |
| 2021-12-31 | NT$633.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trans-Sun Materials Technology Company Limited'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 decreased by 25.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$185.17 Million | 22.07% |
| Other Components | NT$653.83 Million | 77.93% |
| Total Equity | NT$839.00 Million | 100.00% |
Trans-Sun Materials Technology Company Limited Competitors by Market Cap
The table below lists competitors of Trans-Sun Materials Technology Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BPAN4F
SA:BPAN4F
|
$18.60K |
|
ROCKY MOUNT.CHOC. DL-001
F:RMFA
|
$18.61K |
|
IGTI4F
SA:IGTI4F
|
$18.61K |
|
GREAT EAGLE (GHK.SG)
STU:GHK
|
$18.61K |
|
SERICA ENERGY
BE:A3P
|
$18.59K |
|
MOVI3F
SA:MOVI3F
|
$18.57K |
|
WATERCO
BE:3W4
|
$18.57K |
|
KOPIN (KOC.SG)
STU:KOC
|
$18.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trans-Sun Materials Technology Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 695,450,000 to 838,999,000, a change of 143,549,000 (20.6%).
- Net income of 78,197,000 contributed positively to equity growth.
- Dividend payments of 79,003,000 reduced retained earnings.
- New share issuances of 128,035,000 increased equity.
- Other factors increased equity by 16,320,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$78.20 Million | +9.32% |
| Dividends Paid | NT$79.00 Million | -9.42% |
| Share Issuances | NT$128.03 Million | +15.26% |
| Other Changes | NT$16.32 Million | +1.95% |
| Total Change | NT$- | 20.64% |
Book Value vs Market Value Analysis
This analysis compares Trans-Sun Materials Technology Company Limited'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: 1.99x
- 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 2.39x to 1.99x 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$28.05 | NT$67.10 | x |
| 2022-12-31 | NT$30.25 | NT$67.10 | x |
| 2023-12-31 | NT$30.81 | NT$67.10 | x |
| 2024-12-31 | NT$33.69 | NT$67.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trans-Sun Materials Technology Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.83%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.45x
- Recent ROE (9.32%) is below the historical average (9.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.47% | 1.71% | 1.27x | 2.05x | NT$-35.03 Million |
| 2022 | 10.19% | 5.19% | 1.23x | 1.59x | NT$1.29 Million |
| 2023 | 14.80% | 7.72% | 1.18x | 1.62x | NT$33.40 Million |
| 2024 | 9.32% | 5.83% | 1.10x | 1.45x | NT$-5.70 Million |
Industry Comparison
This section compares Trans-Sun Materials Technology Company Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,934,559,200
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trans-Sun Materials Technology Company Limited (6967) | NT$783.06 Million | 4.47% | 0.58x | $18.60K |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $902.62 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |