I Jang Industrial Co Ltd
I Jang Industrial Co.,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products in America, Asia and Europe. The company offers store display products, such as fruit, display, and flower racks; display, shopping basket, and mesh shop display stands; moving wire display rack; display tables; display mobile, display storage, and basket mobile rack; and wire ro… Read more
I Jang Industrial Co Ltd (8342) - Net Assets
Latest net assets as of September 2025: NT$1.03 Billion TWD
Based on the latest financial reports, I Jang Industrial Co Ltd (8342) has net assets worth NT$1.03 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$1.72 Billion) and total liabilities (NT$686.78 Million). 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$1.03 Billion |
| % of Total Assets | 59.96% |
| Annual Growth Rate | 5.07% |
| 5-Year Change | 27.4% |
| 10-Year Change | N/A |
| Growth Volatility | 43.33 |
I Jang Industrial Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how I Jang 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 I Jang Industrial Co Ltd (2017–2024)
The table below shows the annual net assets of I Jang Industrial Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.07 Billion | +14.59% |
| 2023-12-31 | NT$932.77 Million | +2.38% |
| 2022-12-31 | NT$911.13 Million | +11.08% |
| 2021-12-31 | NT$820.24 Million | -2.23% |
| 2020-12-31 | NT$838.98 Million | -47.88% |
| 2019-12-31 | NT$1.61 Billion | +107.74% |
| 2018-12-31 | NT$774.84 Million | +2.48% |
| 2017-12-31 | NT$756.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to I Jang 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 104.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$461.96 Million | 44.64% |
| Other Components | NT$573.01 Million | 55.36% |
| Total Equity | NT$1.03 Billion | 100.00% |
I Jang Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of I Jang Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitrajaya Holdings Bhd
KLSE:9571
|
$30.73 Million |
|
Dawson Geophysical Company
NASDAQ:DWSN
|
$30.73 Million |
|
Heimstaden AB Pfd.
ST:HEIM-PREF
|
$30.77 Million |
|
GDH Guangnan (Holdings) Limited
F:GUJB
|
$30.79 Million |
|
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
HM:NEP
|
$30.73 Million |
|
K Wave Media Ltd.
NASDAQ:KWM
|
$30.72 Million |
|
Dongyang Expre
KO:084670
|
$30.72 Million |
|
Wysiwyg Studios Co. Ltd
KQ:299900
|
$30.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I Jang Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 897,849,000 to 1,034,972,000, a change of 137,123,000 (15.3%).
- Net income of 256,212,000 contributed positively to equity growth.
- Dividend payments of 127,439,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$256.21 Million | +24.76% |
| Dividends Paid | NT$127.44 Million | -12.31% |
| Other Changes | NT$8.35 Million | +0.81% |
| Total Change | NT$- | 15.27% |
Book Value vs Market Value Analysis
This analysis compares I Jang 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: 2.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.79x to 2.72x 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$22.17 | NT$84.00 | x |
| 2018-12-31 | NT$22.56 | NT$84.00 | x |
| 2019-12-31 | NT$22.13 | NT$84.00 | x |
| 2020-12-31 | NT$24.11 | NT$84.00 | x |
| 2021-12-31 | NT$23.57 | NT$84.00 | x |
| 2022-12-31 | NT$26.28 | NT$84.00 | x |
| 2023-12-31 | NT$26.73 | NT$84.00 | x |
| 2024-12-31 | NT$30.86 | NT$84.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I Jang Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.69%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.73x
- Recent ROE (24.76%) is above the historical average (18.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.52% | 4.72% | 0.98x | 2.06x | NT$-3.54 Million |
| 2018 | 15.13% | 7.84% | 0.97x | 2.00x | NT$38.56 Million |
| 2019 | 13.77% | 8.03% | 0.79x | 2.17x | NT$28.00 Million |
| 2020 | 23.31% | 12.05% | 1.10x | 1.76x | NT$107.80 Million |
| 2021 | 15.80% | 7.59% | 1.07x | 1.94x | NT$45.91 Million |
| 2022 | 24.81% | 12.86% | 1.12x | 1.73x | NT$130.73 Million |
| 2023 | 17.60% | 11.04% | 0.83x | 1.93x | NT$68.27 Million |
| 2024 | 24.76% | 14.69% | 0.97x | 1.73x | NT$152.71 Million |
Industry Comparison
This section compares I Jang Industrial Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,697,292,700
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I Jang Industrial Co Ltd (8342) | NT$1.03 Billion | 9.52% | 0.67x | $30.73 Million |
| Mercuries Data Systems Ltd (2427) | $3.13 Billion | 9.02% | 1.47x | $72.68 Million |
| Huxen Corp (2433) | $4.91 Billion | 10.75% | 0.72x | $43.43 Million |
| Uniform Industrial Corp (2482) | $685.71 Million | 9.80% | 0.27x | $24.47 Million |
| Gold Rain Enterprises (4503) | $496.42 Million | 7.34% | 0.23x | $51.90 Million |
| Castles Technology Co Ltd (5258) | $1.62 Billion | 18.62% | 0.85x | $117.50 Million |
| TECO Image Systems Co Ltd (5438) | $1.81 Billion | 2.74% | 0.37x | $17.26 Million |
| XAC Automation (5490) | $1.70 Billion | 18.72% | 0.28x | $63.18 Million |
| General Plastic Industrial Co Ltd (6128) | $1.18 Billion | 16.12% | 0.87x | $45.92 Million |
| Cipherlab Co Ltd (6160) | $968.69 Million | 5.34% | 0.30x | $23.95 Million |
| Taiwan Name Plate Co. Ltd. (6593) | $473.95 Million | 3.51% | 0.88x | $25.65 Million |