Tayih Lun An Co Ltd
Tayih Kenmos Auto parts Co., Ltd. researches, develops, manufactures, and sells automotive blow molding and filtration parts in Taiwan, Brazil, South Africa, Thailand, Australia, and internationally. The company offers automobile cabin air filters, automatic transmission filters, home air purifier filters, face masks, and other products; running boards; pickup sport bars, tonneau covers, and othe… Read more
Tayih Lun An Co Ltd (8107) - Net Assets
Latest net assets as of September 2025: NT$1.46 Billion TWD
Based on the latest financial reports, Tayih Lun An Co Ltd (8107) has net assets worth NT$1.46 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$2.88 Billion) and total liabilities (NT$1.42 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$1.46 Billion |
| % of Total Assets | 50.61% |
| Annual Growth Rate | -1.8% |
| 5-Year Change | 10.86% |
| 10-Year Change | N/A |
| Growth Volatility | 23.04 |
Tayih Lun An Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Tayih Lun An 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 Tayih Lun An Co Ltd (2017–2024)
The table below shows the annual net assets of Tayih Lun An Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.59 Billion | +10.55% |
| 2023-12-31 | NT$1.44 Billion | -4.51% |
| 2022-12-31 | NT$1.50 Billion | +4.42% |
| 2021-12-31 | NT$1.44 Billion | +0.57% |
| 2020-12-31 | NT$1.43 Billion | -30.79% |
| 2019-12-31 | NT$2.07 Billion | +46.41% |
| 2018-12-31 | NT$1.41 Billion | -21.61% |
| 2017-12-31 | NT$1.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tayih Lun An 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 decreased by 55.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$444.09 Million | 28.02% |
| Other Components | NT$1.14 Billion | 71.98% |
| Total Equity | NT$1.58 Billion | 100.00% |
Tayih Lun An Co Ltd Competitors by Market Cap
The table below lists competitors of Tayih Lun An Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Südwestdeutsche Salzwerke AG
F:SSH
|
$14.67 Million |
|
IBI Inv House
TA:IBI
|
$14.67 Million |
|
Connexa Sports Technologies Inc.
NASDAQ:YYAI
|
$14.67 Million |
|
Aspen Insurance Holdings Limited
NYSE:AHL
|
$14.67 Million |
|
Logindo Samudramakmur Tbk
JK:LEAD
|
$14.66 Million |
|
Thanulux Public Company Limited
BK:TNL
|
$14.66 Million |
|
Alam Maritim Resources Bhd
KLSE:5115
|
$14.66 Million |
|
CANUC RES CORP.
F:C8SN
|
$14.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tayih Lun An Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,423,832,000 to 1,584,690,000, a change of 160,858,000 (11.3%).
- Net income of 135,757,000 contributed positively to equity growth.
- Other factors increased equity by 25,101,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$135.76 Million | +8.57% |
| Other Changes | NT$25.10 Million | +1.58% |
| Total Change | NT$- | 11.30% |
Book Value vs Market Value Analysis
This analysis compares Tayih Lun An 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: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$24.02 | NT$13.50 | x |
| 2018-12-31 | NT$18.83 | NT$13.50 | x |
| 2019-12-31 | NT$20.17 | NT$13.50 | x |
| 2020-12-31 | NT$18.93 | NT$13.50 | x |
| 2021-12-31 | NT$19.03 | NT$13.50 | x |
| 2022-12-31 | NT$19.88 | NT$13.50 | x |
| 2023-12-31 | NT$18.98 | NT$13.50 | x |
| 2024-12-31 | NT$21.13 | NT$13.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tayih Lun An 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): 8.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.70%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.98x
- Recent ROE (8.57%) is below the historical average (9.04%), 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 | 43.96% | 73.97% | 0.44x | 1.35x | NT$611.85 Million |
| 2018 | 8.81% | 12.55% | 0.43x | 1.62x | NT$-16.82 Million |
| 2019 | 11.53% | 21.72% | 0.38x | 1.41x | NT$23.16 Million |
| 2020 | 0.32% | 0.55% | 0.34x | 1.69x | NT$-137.56 Million |
| 2021 | 1.40% | 2.12% | 0.33x | 2.00x | NT$-122.82 Million |
| 2022 | 2.23% | 4.08% | 0.27x | 2.04x | NT$-115.94 Million |
| 2023 | -4.45% | -9.47% | 0.21x | 2.22x | NT$-205.75 Million |
| 2024 | 8.57% | 14.70% | 0.29x | 1.98x | NT$-22.71 Million |
Industry Comparison
This section compares Tayih Lun An Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,968,073,800
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tayih Lun An Co Ltd (8107) | NT$1.46 Billion | 43.96% | 0.98x | $14.66 Million |
| Tong Yang Industry Co Ltd (1319) | $21.87 Billion | 8.81% | 0.70x | $975.38 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.66 Billion | 6.42% | 0.51x | $21.83 Million |
| Hiroca Holdings Ltd (1338) | $4.24 Billion | 7.42% | 0.52x | $26.55 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.44 Billion | 8.94% | 0.84x | $26.48 Million |
| Right Way Industrial Co Ltd (1506) | $1.21 Billion | -6.78% | 1.25x | $44.86 Million |
| Jui Li Enterprise Co Ltd (1512) | $2.05 Billion | 3.24% | 0.95x | $14.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.77 Billion | 2.39% | 0.89x | $18.53 Million |
| TYC Brother Industrial Co Ltd (1522) | $6.62 Billion | 9.41% | 2.24x | $163.24 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.70 Billion | 13.03% | 0.98x | $89.13 Million |
| Kian Shen Corp (1525) | $4.11 Billion | 11.02% | 0.21x | $31.62 Million |