Brighton-Best International Taiwan
Brighton-Best International (Taiwan) Inc. sells screws and nuts in Taiwan, North America, Oceania, and internationally. It also engages in the import, export, and sale of aluminium and protective products; provision of energy technical services; production of pistons for motorcycles, commercial vehicles, and automobiles; investment activities; trading of automobiles engine parts; production of co… Read more
Brighton-Best International Taiwan (8415) - Net Assets
Latest net assets as of September 2025: NT$28.91 Billion TWD
Based on the latest financial reports, Brighton-Best International Taiwan (8415) has net assets worth NT$28.91 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$46.03 Billion) and total liabilities (NT$17.12 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$28.91 Billion |
| % of Total Assets | 62.81% |
| Annual Growth Rate | 13.49% |
| 5-Year Change | 69.34% |
| 10-Year Change | 273.26% |
| Growth Volatility | 47.03 |
Brighton-Best International Taiwan - Net Assets Trend (2009–2024)
This chart illustrates how Brighton-Best International Taiwan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brighton-Best International Taiwan (2009–2024)
The table below shows the annual net assets of Brighton-Best International Taiwan from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$27.37 Billion | -4.13% |
| 2023-12-31 | NT$28.56 Billion | +10.15% |
| 2022-12-31 | NT$25.92 Billion | +32.24% |
| 2021-12-31 | NT$19.60 Billion | +21.27% |
| 2020-12-31 | NT$16.17 Billion | -5.88% |
| 2019-12-31 | NT$17.18 Billion | -12.41% |
| 2018-12-31 | NT$19.61 Billion | +175.43% |
| 2017-12-31 | NT$7.12 Billion | +4.14% |
| 2016-12-31 | NT$6.84 Billion | -6.78% |
| 2015-12-31 | NT$7.33 Billion | +1.34% |
| 2014-12-31 | NT$7.24 Billion | +5.78% |
| 2013-12-31 | NT$6.84 Billion | +77.98% |
| 2012-12-31 | NT$3.84 Billion | -7.09% |
| 2011-12-31 | NT$4.14 Billion | +8.20% |
| 2010-12-31 | NT$3.82 Billion | -6.83% |
| 2009-12-31 | NT$4.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brighton-Best International Taiwan'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 7000.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$8.97 Billion | 37.26% |
| Other Components | NT$15.10 Billion | 62.74% |
| Total Equity | NT$24.07 Billion | 100.00% |
Brighton-Best International Taiwan Competitors by Market Cap
The table below lists competitors of Brighton-Best International Taiwan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peugeot Invest SA
PA:PEUG
|
$312.21 Million |
|
Shenzhen New Nanshan Holding Group Co Ltd
SHE:002314
|
$312.21 Million |
|
Shandong Jinling Mining Co Ltd
SHE:000655
|
$312.23 Million |
|
Shahe Industry Co Ltd
SHE:000014
|
$312.36 Million |
|
GUOMAI Culture & Media Co. Ltd.
SHE:301052
|
$312.18 Million |
|
Zenitron Corp
TW:3028
|
$312.17 Million |
|
Wereldhave Belgium
LSE:0N2C
|
$311.94 Million |
|
PERSONALIS INC. DL-001
F:04X
|
$311.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brighton-Best International Taiwan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,173,438,000 to 24,073,618,000, a change of -1,099,820,000 (-4.4%).
- Net income of 2,280,218,000 contributed positively to equity growth.
- Dividend payments of 1,527,694,000 reduced retained earnings.
- Share repurchases of 113,816,000 reduced equity.
- Other comprehensive income decreased equity by 2,593,189,999.
- Other factors increased equity by 854,661,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.28 Billion | +9.47% |
| Dividends Paid | NT$1.53 Billion | -6.35% |
| Share Repurchases | NT$113.82 Million | -0.47% |
| Other Comprehensive Income | NT$-2.59 Billion | -10.77% |
| Other Changes | NT$854.66 Million | +3.55% |
| Total Change | NT$- | -4.37% |
Book Value vs Market Value Analysis
This analysis compares Brighton-Best International Taiwan'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: 1.42x
- 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 3.13x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$10.77 | NT$33.70 | x |
| 2010-12-31 | NT$8.55 | NT$33.70 | x |
| 2011-12-31 | NT$9.25 | NT$33.70 | x |
| 2012-12-31 | NT$8.60 | NT$33.70 | x |
| 2013-12-31 | NT$12.63 | NT$33.70 | x |
| 2014-12-31 | NT$11.01 | NT$33.70 | x |
| 2015-12-31 | NT$11.17 | NT$33.70 | x |
| 2016-12-31 | NT$10.43 | NT$33.70 | x |
| 2017-12-31 | NT$12.37 | NT$33.70 | x |
| 2018-12-31 | NT$27.07 | NT$33.70 | x |
| 2019-12-31 | NT$16.65 | NT$33.70 | x |
| 2020-12-31 | NT$15.75 | NT$33.70 | x |
| 2021-12-31 | NT$19.10 | NT$33.70 | x |
| 2022-12-31 | NT$22.02 | NT$33.70 | x |
| 2023-12-31 | NT$24.45 | NT$33.70 | x |
| 2024-12-31 | NT$23.71 | NT$33.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brighton-Best International Taiwan utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.04%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.82x
- Recent ROE (9.47%) is above the historical average (6.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.71% | 2.39% | 0.46x | 1.57x | NT$-340.35 Million |
| 2010 | 0.48% | 0.40% | 0.70x | 1.72x | NT$-364.03 Million |
| 2011 | 3.75% | 2.48% | 0.71x | 2.14x | NT$-258.59 Million |
| 2012 | 3.13% | 1.60% | 0.84x | 2.35x | NT$-263.90 Million |
| 2013 | 2.34% | 1.95% | 0.65x | 1.84x | NT$-524.08 Million |
| 2014 | 5.94% | 3.79% | 0.89x | 1.76x | NT$-293.79 Million |
| 2015 | 2.90% | 1.94% | 0.79x | 1.89x | NT$-520.83 Million |
| 2016 | 4.93% | 3.34% | 0.75x | 1.97x | NT$-346.28 Million |
| 2017 | 9.80% | 6.18% | 0.76x | 2.09x | NT$-14.35 Million |
| 2018 | 6.06% | 7.11% | 0.58x | 1.47x | NT$-772.37 Million |
| 2019 | 4.89% | 4.32% | 0.64x | 1.78x | NT$-878.10 Million |
| 2020 | 5.83% | 6.20% | 0.53x | 1.78x | NT$-674.27 Million |
| 2021 | 18.32% | 16.68% | 0.61x | 1.80x | NT$1.63 Billion |
| 2022 | 19.93% | 17.26% | 0.54x | 2.13x | NT$2.26 Billion |
| 2023 | 12.41% | 12.69% | 0.52x | 1.89x | NT$607.61 Million |
| 2024 | 9.47% | 10.04% | 0.52x | 1.82x | NT$-127.14 Million |
Industry Comparison
This section compares Brighton-Best International Taiwan's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,425,314,700
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brighton-Best International Taiwan (8415) | NT$28.91 Billion | 1.71% | 0.59x | $312.19 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |