United Purification Technology Co., Ltd.
United Purification Technology Co., Ltd., together with its subsidiaries, designs, plans, assemblies, manufactures, sells and installs pure/recycled water equipment in Taiwan and Mainland China. It also engages in machinery and equipment repair and installation; motor repair; and ESG coaching planning and implementation activities. The company's products are used in semiconductor/electronics fact… Read more
United Purification Technology Co., Ltd. (6977) - Net Assets
Latest net assets as of June 2025: NT$567.28 Million TWD
Based on the latest financial reports, United Purification Technology Co., Ltd. (6977) has net assets worth NT$567.28 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$1.70 Billion) and total liabilities (NT$1.14 Billion). 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$567.28 Million |
| % of Total Assets | 33.32% |
| Annual Growth Rate | 25.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.3 |
United Purification Technology Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how United Purification 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 United Purification Technology Co., Ltd. (2020–2024)
The table below shows the annual net assets of United Purification Technology Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$502.58 Million | -2.06% |
| 2023-12-31 | NT$513.15 Million | +28.27% |
| 2022-12-31 | NT$400.06 Million | +48.68% |
| 2021-12-31 | NT$269.08 Million | +31.82% |
| 2020-12-31 | NT$204.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Purification 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 132.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$142.31 Million | 28.32% |
| Common Stock | NT$140.00 Million | 27.86% |
| Other Comprehensive Income | NT$103.56 Million | 20.61% |
| Other Components | NT$116.70 Million | 23.22% |
| Total Equity | NT$502.58 Million | 100.00% |
United Purification Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of United Purification Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emak S.p.A
F:EK4
|
$49.85 Million |
|
Asian Sea Corporation Public Company Limited
BK:ASIAN
|
$49.87 Million |
|
Selena FM S.A.
WAR:SEL
|
$49.87 Million |
|
Senzime AB
ST:SEZI
|
$49.92 Million |
|
DP Cap Acquisition I Corp
NASDAQ:DPCS
|
$49.84 Million |
|
Daemyoung Energy Co Ltd
KQ:389260
|
$49.84 Million |
|
Socar Inc.
KO:403550
|
$49.84 Million |
|
Franklin Street Properties Corp
NYSE MKT:FSP
|
$49.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Purification Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 513,151,000 to 502,576,000, a change of -10,575,000 (-2.1%).
- Net income of 9,590,000 contributed positively to equity growth.
- Dividend payments of 28,000,000 reduced retained earnings.
- Share repurchases of 262,000 reduced equity.
- Other comprehensive income increased equity by 11,778,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.59 Million | +1.91% |
| Dividends Paid | NT$28.00 Million | -5.57% |
| Share Repurchases | NT$262.00K | -0.05% |
| Other Comprehensive Income | NT$11.78 Million | +2.34% |
| Other Changes | NT$-3.68 Million | -0.73% |
| Total Change | NT$- | -2.06% |
Book Value vs Market Value Analysis
This analysis compares United Purification 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: 5.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.12x to 5.58x 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$33.60 | NT$205.50 | x |
| 2021-12-31 | NT$43.31 | NT$205.50 | x |
| 2022-12-31 | NT$43.29 | NT$205.50 | x |
| 2023-12-31 | NT$40.28 | NT$205.50 | x |
| 2024-12-31 | NT$36.83 | NT$205.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Purification 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): 1.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.96x
- Recent ROE (1.91%) is below the historical average (14.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.05% | 3.73% | 1.18x | 2.28x | NT$101.70K |
| 2021 | 36.85% | 13.20% | 1.25x | 2.23x | NT$72.25 Million |
| 2022 | 21.11% | 8.44% | 1.15x | 2.18x | NT$44.45 Million |
| 2023 | 4.61% | 3.05% | 0.85x | 1.79x | NT$-27.68 Million |
| 2024 | 1.91% | 1.54% | 0.63x | 1.96x | NT$-40.67 Million |
Industry Comparison
This section compares United Purification Technology Co., Ltd.'s net assets metrics with peer companies in the Utilities - Regulated Water industry.
No peer company data available for comparison.