Bai Sha Technology Co Ltd
Bai Sha Technology Co., Ltd. provides printing products and services in Taiwan and internationally. It offers packaging color boxes, PP transparent boxes, and bags; books, such as hardcover, paperback, saddle stitch, glue-bound, and loose leaf; business cards, envelopes, letter paper, official document covers, folders, triangular desk calendars, and VIP cards; color and modeling stickers, and aut… Read more
Bai Sha Technology Co Ltd (8401) - Net Assets
Latest net assets as of June 2025: NT$1.10 Billion TWD
Based on the latest financial reports, Bai Sha Technology Co Ltd (8401) has net assets worth NT$1.10 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.46 Billion) and total liabilities (NT$359.65 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$1.10 Billion |
| % of Total Assets | 75.43% |
| Annual Growth Rate | 2.43% |
| 5-Year Change | 25.24% |
| 10-Year Change | N/A |
| Growth Volatility | 5.57 |
Bai Sha Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Bai Sha Technology 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 Bai Sha Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Bai Sha Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.13 Billion | +12.52% |
| 2023-12-31 | NT$1.00 Billion | -1.25% |
| 2022-12-31 | NT$1.01 Billion | +3.33% |
| 2021-12-31 | NT$981.46 Million | +9.08% |
| 2020-12-31 | NT$899.79 Million | -1.84% |
| 2019-12-31 | NT$916.64 Million | -2.55% |
| 2018-12-31 | NT$940.62 Million | -1.28% |
| 2017-12-31 | NT$952.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bai Sha Technology 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 2.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$175.59 Million | 15.58% |
| Other Components | NT$951.28 Million | 84.42% |
| Total Equity | NT$1.13 Billion | 100.00% |
Bai Sha Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Bai Sha Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupa Azoty Zaklady Chemiczne Police SA
WAR:PCE
|
$36.67 Million |
|
PIE Industrial Bhd
KLSE:7095
|
$36.68 Million |
|
Take Solutions Limited
NSE:TAKE
|
$36.69 Million |
|
Hainan Poly Pharm Co Ltd
SHE:300630
|
$36.69 Million |
|
NPC Co. Ltd
KO:004250
|
$36.66 Million |
|
Viafin Service Oyj
HE:VIAFIN
|
$36.66 Million |
|
WW Holding Inc
TW:8442
|
$36.65 Million |
|
SP Systems Co.Ltd
KQ:317830
|
$36.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bai Sha Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,001,477,000 to 1,126,870,000, a change of 125,393,000 (12.5%).
- Net income of 170,770,000 contributed positively to equity growth.
- Dividend payments of 48,033,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$170.77 Million | +15.15% |
| Dividends Paid | NT$48.03 Million | -4.26% |
| Other Changes | NT$2.66 Million | +0.24% |
| Total Change | NT$- | 12.52% |
Book Value vs Market Value Analysis
This analysis compares Bai Sha Technology 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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$15.73 | NT$27.00 | x |
| 2018-12-31 | NT$15.00 | NT$27.00 | x |
| 2019-12-31 | NT$14.58 | NT$27.00 | x |
| 2020-12-31 | NT$14.70 | NT$27.00 | x |
| 2021-12-31 | NT$16.32 | NT$27.00 | x |
| 2022-12-31 | NT$16.86 | NT$27.00 | x |
| 2023-12-31 | NT$14.17 | NT$27.00 | x |
| 2024-12-31 | NT$15.95 | NT$27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bai Sha Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.96%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.37x
- Recent ROE (15.15%) is above the historical average (9.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.70% | 6.45% | 0.92x | 1.63x | NT$-2.89 Million |
| 2018 | 6.43% | 4.15% | 0.95x | 1.63x | NT$-33.62 Million |
| 2019 | 3.17% | 2.21% | 0.90x | 1.60x | NT$-62.59 Million |
| 2020 | 5.12% | 3.68% | 0.85x | 1.64x | NT$-43.89 Million |
| 2021 | 12.01% | 8.76% | 0.92x | 1.49x | NT$19.76 Million |
| 2022 | 13.12% | 8.66% | 1.04x | 1.46x | NT$31.66 Million |
| 2023 | 10.87% | 7.33% | 1.06x | 1.39x | NT$8.67 Million |
| 2024 | 15.15% | 10.96% | 1.01x | 1.37x | NT$58.08 Million |
Industry Comparison
This section compares Bai Sha Technology Co Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $2,144,416,375
- Average return on equity (ROE) among peers: 14.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bai Sha Technology Co Ltd (8401) | NT$1.10 Billion | 9.70% | 0.33x | $36.67 Million |
| Farglory FTZ Investment Holding Co Ltd (5607) | $3.06 Billion | 0.32% | 1.09x | $231.53 Million |
| Sporton International (6146) | $4.07 Billion | 18.22% | 0.31x | $421.54 Million |
| Trade-Van Information Services Co (6183) | $1.87 Billion | 9.08% | 0.20x | $149.27 Million |
| ChainSea Information Integration Co.,Ltd. (6898) | $400.56 Million | 33.53% | 0.61x | $52.19 Million |
| Dong Fang Offshore Co., Ltd. (7786) | $5.17 Billion | 23.75% | 0.53x | $274.56 Million |
| Transart Graphics Co Ltd (8481) | $1.00 Billion | 30.15% | 0.30x | $33.02 Million |
| Forward Graphic Enterprise Co Ltd (8906) | $363.96 Million | 0.68% | 1.98x | $25.75 Million |
| Choice Development Inc (9929) | $1.20 Billion | 0.00% | 2.93x | $10.77 Million |