Praise Victor Industrial Co., Ltd.
Praise Victor Industrial Co., Ltd. designs, produces, and trades in polyurethanes (PU) materials. It provides chemical mechanical polishing (CMP) pads; CMP parts, such as membranes, pedestal films, support films, backing films, hub pads, rollers, and other products used in semiconductor and optoelectronic industries; PU gels, which is used for insoles, mouse pads, and various seat cushions; foam … Read more
Praise Victor Industrial Co., Ltd. (7768) - Net Assets
Latest net assets as of September 2025: NT$1.75 Billion TWD
Based on the latest financial reports, Praise Victor Industrial Co., Ltd. (7768) has net assets worth NT$1.75 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$3.04 Billion) and total liabilities (NT$1.30 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$1.75 Billion |
| % of Total Assets | 57.38% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.84 |
Praise Victor Industrial Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Praise Victor 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 Praise Victor Industrial Co., Ltd. (2021–2024)
The table below shows the annual net assets of Praise Victor Industrial Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.11 Billion | +16.45% |
| 2023-12-31 | NT$953.58 Million | -15.09% |
| 2022-12-31 | NT$1.12 Billion | +11.44% |
| 2021-12-31 | NT$1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Praise Victor 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 259.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$230.01 Million | 21.14% |
| Other Components | NT$857.92 Million | 78.86% |
| Total Equity | NT$1.09 Billion | 100.00% |
Praise Victor Industrial Co., Ltd. Competitors by Market Cap
The table below lists competitors of Praise Victor Industrial Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Geoharbour Construction Group Co Ltd
SHG:605598
|
$473.57 Million |
|
HDC Holdings Co Ltd
KO:012630
|
$473.78 Million |
|
Inventiva Sa
NASDAQ:IVA
|
$473.78 Million |
|
Grupo Televisa S.A.B
PINK:GRPFF
|
$473.93 Million |
|
Pantheon Resources Plc
OTCQX:PTHRF
|
$473.51 Million |
|
Western Copper and Gold Corp
NYSE MKT:WRN
|
$473.48 Million |
|
Dakota Gold Corp.
NYSE MKT:DC
|
$472.97 Million |
|
Scientex Bhd
KLSE:4731
|
$472.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Praise Victor Industrial Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 940,257,000 to 1,087,926,000, a change of 147,669,000 (15.7%).
- Net income of 229,631,000 contributed positively to equity growth.
- Dividend payments of 103,984,000 reduced retained earnings.
- Other factors increased equity by 22,022,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$229.63 Million | +21.11% |
| Dividends Paid | NT$103.98 Million | -9.56% |
| Other Changes | NT$22.02 Million | +2.02% |
| Total Change | NT$- | 15.71% |
Book Value vs Market Value Analysis
This analysis compares Praise Victor 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: 19.41x
- 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 34.60x to 19.41x 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$10.17 | NT$352.00 | x |
| 2022-12-31 | NT$18.53 | NT$352.00 | x |
| 2023-12-31 | NT$15.67 | NT$352.00 | x |
| 2024-12-31 | NT$18.13 | NT$352.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Praise Victor 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): 21.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.95%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.41x
- Recent ROE (21.11%) is above the historical average (10.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.47% | 3.62% | 0.78x | 3.69x | NT$2.89 Million |
| 2022 | 4.17% | 2.53% | 0.77x | 2.14x | NT$-64.88 Million |
| 2023 | 5.00% | 2.87% | 0.67x | 2.60x | NT$-46.99 Million |
| 2024 | 21.11% | 11.95% | 0.73x | 2.41x | NT$120.84 Million |
Industry Comparison
This section compares Praise Victor Industrial Co., Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $47,057,989,600
- Average return on equity (ROE) among peers: 7.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Praise Victor Industrial Co., Ltd. (7768) | NT$1.75 Billion | 10.47% | 0.74x | $473.55 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.66 Billion | 16.30% | 0.70x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $16.25 Billion | 10.72% | 0.47x | $358.21 Million |
| UPC Technology Corp (1313) | $29.90 Billion | 7.18% | 0.80x | $263.35 Million |
| Formosa Chemicals & Fibre Corp (1326) | $379.64 Billion | 11.55% | 0.43x | $4.35 Billion |
| Sesoda Corp (1708) | $3.05 Billion | 13.81% | 0.46x | $227.10 Million |
| Formosan Union Chemical Corp (1709) | $3.40 Billion | 0.00% | 0.29x | $154.81 Million |
| Oriental Union Chemical Corp (1710) | $17.82 Billion | -0.67% | 1.14x | $286.20 Million |
| Ho Tung Chemical Corp (1714) | $11.87 Billion | 10.01% | 1.26x | $202.24 Million |
| Sunko Ink Co Ltd (1721) | $595.83 Million | 0.00% | 0.86x | $64.82 Million |
| Chung Hwa Chemical Industrial Works Ltd (1727) | $1.39 Billion | 7.97% | 0.59x | $105.88 Million |