E&R Engineering (8027) - Net Assets
Based on the latest financial reports, E&R Engineering (8027) has net assets worth NT$2.54 Billion TWD (≈ $80.00 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.03 Billion ≈ $126.85 Million USD) and total liabilities (NT$1.49 Billion ≈ $46.84 Million USD). 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. Check financial resilience of E&R Engineering to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.54 Billion |
| % of Total Assets | 63.07% |
| Annual Growth Rate | 13.74% |
| 5-Year Change | 93.75% |
| 10-Year Change | N/A |
| Growth Volatility | 35.08 |
E&R Engineering - Net Assets Trend (2017–2024)
This chart illustrates how E&R Engineering's net assets have evolved over time, based on quarterly financial data. Also explore how large is E&R Engineering's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for E&R Engineering (2017–2024)
The table below shows the annual net assets of E&R Engineering from 2017 to 2024. For live valuation and market cap data, see E&R Engineering (8027) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.83 Billion ≈ $89.15 Million |
+20.45% |
| 2023-12-31 | NT$2.35 Billion ≈ $74.02 Million |
-10.87% |
| 2022-12-31 | NT$2.64 Billion ≈ $83.04 Million |
+8.69% |
| 2021-12-31 | NT$2.43 Billion ≈ $76.41 Million |
+66.05% |
| 2020-12-31 | NT$1.46 Billion ≈ $46.01 Million |
-31.53% |
| 2019-12-31 | NT$2.13 Billion ≈ $67.20 Million |
+71.27% |
| 2018-12-31 | NT$1.25 Billion ≈ $39.24 Million |
+8.39% |
| 2017-12-31 | NT$1.15 Billion ≈ $36.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to E&R Engineering'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 14384400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$56.41 Million | 2.00% |
| Other Components | NT$2.76 Billion | 98.00% |
| Total Equity | NT$2.81 Billion | 100.00% |
E&R Engineering Competitors by Market Cap
The table below lists competitors of E&R Engineering ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Water Planning & Design Institute Co. Ltd.
SHE:301038
|
$635.90 Million |
|
AbClon Inc
KQ:174900
|
$635.95 Million |
|
Tianjin Zhong Xin Pharmaceutical Group Corporation Limited
STU:2TZ
|
$635.99 Million |
|
Matrix Concepts Holdings Bhd
KLSE:5236
|
$636.20 Million |
|
BlackRock Utility & Infrastructure Trust
NYSE:BUI
|
$635.64 Million |
|
Zhejiang Gongdong Medical Technology Co Ltd
SHG:605369
|
$635.62 Million |
|
Hunan Huasheng Co Ltd
SHG:600156
|
$635.49 Million |
|
Mako Mining Corp
V:MKO
|
$635.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E&R Engineering's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,305,197,000 to 2,813,955,000, a change of 508,758,000 (22.1%).
- Net loss of 51,125,000 reduced equity.
- Dividend payments of 49,829,000 reduced retained earnings.
- New share issuances of 10,727,000 increased equity.
- Other factors increased equity by 598,985,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-51.12 Million | -1.82% |
| Dividends Paid | NT$49.83 Million | -1.77% |
| Share Issuances | NT$10.73 Million | +0.38% |
| Other Changes | NT$598.99 Million | +21.29% |
| Total Change | NT$- | 22.07% |
Book Value vs Market Value Analysis
This analysis compares E&R Engineering'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: 7.12x
- 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 14.08x to 7.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$13.74 | NT$193.50 | x |
| 2018-12-31 | NT$14.52 | NT$193.50 | x |
| 2019-12-31 | NT$12.95 | NT$193.50 | x |
| 2020-12-31 | NT$15.62 | NT$193.50 | x |
| 2021-12-31 | NT$24.75 | NT$193.50 | x |
| 2022-12-31 | NT$23.65 | NT$193.50 | x |
| 2023-12-31 | NT$23.70 | NT$193.50 | x |
| 2024-12-31 | NT$27.16 | NT$193.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E&R Engineering utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.11%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.49x
- Recent ROE (-1.82%) is below the historical average (3.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -8.03% | -6.08% | 0.73x | 1.81x | NT$-194.77 Million |
| 2018 | 8.46% | 4.89% | 0.85x | 2.04x | NT$-18.22 Million |
| 2019 | -7.64% | -5.50% | 0.67x | 2.07x | NT$-186.64 Million |
| 2020 | 11.45% | 7.90% | 0.81x | 1.79x | NT$20.39 Million |
| 2021 | 10.32% | 9.59% | 0.70x | 1.53x | NT$7.50 Million |
| 2022 | 15.23% | 12.13% | 0.68x | 1.85x | NT$134.13 Million |
| 2023 | 1.34% | 2.00% | 0.37x | 1.80x | NT$-199.61 Million |
| 2024 | -1.82% | -3.11% | 0.39x | 1.49x | NT$-332.52 Million |
Industry Comparison
This section compares E&R Engineering's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $12,042,481,900
- Average return on equity (ROE) among peers: 8.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E&R Engineering (8027) | NT$2.54 Billion | -8.03% | 0.59x | $635.83 Million |
| TECO Electric & Machinery Co Ltd (1504) | $55.72 Billion | 6.25% | 0.66x | $4.61 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $8.16 Billion | 6.73% | 0.83x | $2.31 Billion |
| Anderson Industrial Corp (1528) | $1.76 Billion | 8.23% | 1.17x | $173.61 Million |
| Awea Mechantronic Co Ltd (1530) | $3.39 Billion | 6.22% | 0.76x | $78.83 Million |
| Kaulin Mfg (1531) | $3.74 Billion | 4.98% | 0.23x | $74.30 Million |
| Chiu Ting Machinery Co Ltd (1539) | $669.23 Million | -8.44% | 1.29x | $33.26 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.37 Billion | 3.35% | 0.19x | $56.42 Million |
| Sinmag Equipment (1580) | $2.04 Billion | 26.12% | 0.62x | $191.20 Million |
| Goodway Machine Corp (1583) | $8.41 Billion | 14.92% | 0.77x | $160.62 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $9.17 Billion |
About E&R Engineering
E&R Engineering Corporation engages in the planning, design, manufacturing, installation, and trading of automation machinery, parts, computer systems, and pollution control equipment. The company provides automation machines for semiconductor, light emitting diode (LED), passive component, material, and medical industries in Taiwan, Hong Kong, Mainland China, Southeast Asia, the United States, E… Read more