Tayih Lun An Co Ltd (8107) - Net Assets
Based on the latest financial reports, Tayih Lun An Co Ltd (8107) has net assets worth NT$1.48 Billion TWD (≈ $46.76 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.88 Billion ≈ $90.74 Million USD) and total liabilities (NT$1.40 Billion ≈ $43.98 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 tangible net worth ratio of Tayih Lun An Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.48 Billion |
| % of Total Assets | 51.53% |
| Annual Growth Rate | -2.39% |
| 5-Year Change | 3.13% |
| 10-Year Change | N/A |
| Growth Volatility | 21.68 |
Tayih Lun An Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Tayih Lun An Co Ltd's net assets have evolved over time, based on quarterly financial data. See 8107 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tayih Lun An Co Ltd (2017–2025)
The table below shows the annual net assets of Tayih Lun An Co Ltd from 2017 to 2025. For live valuation and market cap data, see 8107 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.48 Billion ≈ $46.76 Million |
-6.44% |
| 2024-12-31 | NT$1.59 Billion ≈ $49.98 Million |
+10.55% |
| 2023-12-31 | NT$1.44 Billion ≈ $45.21 Million |
-4.51% |
| 2022-12-31 | NT$1.50 Billion ≈ $47.35 Million |
+4.42% |
| 2021-12-31 | NT$1.44 Billion ≈ $45.34 Million |
+0.57% |
| 2020-12-31 | NT$1.43 Billion ≈ $45.09 Million |
-30.79% |
| 2019-12-31 | NT$2.07 Billion ≈ $65.15 Million |
+46.41% |
| 2018-12-31 | NT$1.41 Billion ≈ $44.50 Million |
-21.61% |
| 2017-12-31 | NT$1.80 Billion ≈ $56.76 Million |
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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 68.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$314.23 Million | 21.17% |
| Other Components | NT$1.17 Billion | 78.83% |
| Total Equity | NT$1.48 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 |
|---|---|
|
Veto Switchgears And Cables Limited
NSE:VETO
|
$28.48 Million |
|
Ntaw Holdings Ltd
AU:NTD
|
$28.48 Million |
|
Inhome Prime Properties SOCIMI S.A.
MC:YIPP
|
$28.48 Million |
|
Chariot Oil & Gas Limited
F:C62
|
$28.48 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
$28.46 Million |
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
$28.46 Million |
|
Cayman Tung Ling Co Ltd
TWO:2924
|
$28.44 Million |
|
Mauna Kea Technologies SAS
PA:ALMKT
|
$28.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tayih Lun An Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,584,690,000 to 1,484,287,000, a change of -100,403,000 (-6.3%).
- Net loss of 40,024,000 reduced equity.
- Dividend payments of 75,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-40.02 Million | -2.7% |
| Dividends Paid | NT$75.00 Million | -5.05% |
| Other Changes | NT$14.62 Million | +0.99% |
| Total Change | NT$- | -6.34% |
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: 0.61x
- 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.
- The price-to-book ratio has increased from 0.50x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$24.02 | NT$12.05 | x |
| 2018-12-31 | NT$18.83 | NT$12.05 | x |
| 2019-12-31 | NT$20.17 | NT$12.05 | x |
| 2020-12-31 | NT$18.93 | NT$12.05 | x |
| 2021-12-31 | NT$19.03 | NT$12.05 | x |
| 2022-12-31 | NT$19.88 | NT$12.05 | x |
| 2023-12-31 | NT$18.98 | NT$12.05 | x |
| 2024-12-31 | NT$21.13 | NT$12.05 | x |
| 2025-12-31 | NT$19.79 | NT$12.05 | 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): -2.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.25%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.94x
- Recent ROE (-2.70%) is below the historical average (7.74%), 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 |
| 2025 | -2.70% | -4.25% | 0.33x | 1.94x | NT$-188.45 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: $4,277,944,500
- Average return on equity (ROE) among peers: 4.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tayih Lun An Co Ltd (8107) | NT$1.48 Billion | 43.96% | 0.94x | $28.47 Million |
| Tong Yang Industry Co Ltd (1319) | $20.15 Billion | 11.99% | 0.81x | $1.91 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $36.68 Million |
| Hiroca Holdings Ltd (1338) | $6.43 Billion | -2.56% | 0.75x | $43.76 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.36 Billion | 8.22% | 0.95x | $101.47 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | -1.14% | 1.23x | $98.90 Million |
| Jui Li Enterprise Co Ltd (1512) | $746.14 Million | -26.36% | 3.67x | $22.15 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.64 Billion | 16.99% | 0.73x | $63.76 Million |
| TYC Brother Industrial Co Ltd (1522) | $3.39 Billion | 8.39% | 1.26x | $309.10 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.08 Billion | 5.45% | 1.39x | $152.86 Million |
| Kian Shen Corp (1525) | $2.06 Billion | 14.95% | 0.27x | $151.93 Million |
About 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, Thailand, Australia, and internationally. It offers filtration solutions, automobile cabin air filters, automatic transmission filters, home air purifier filters, face masks, and other products; running boards; pick sport bars, tonneau covers, and other e… Read more