Zimmite Taiwan Ltd
Zimmite Taiwan Ltd. engages in the industrial water treatment activities in Taiwan and China. It offers cooling water treatment agents, such as corrosion inhibitors, scale inhibitors, algaecides, biocides, rust removers, and cooling water all-in-one tablets; and boiler water treatment agents, including internal treatment additives, oxygen scavengers, neutralizing amines, and filming amines. The c… Read more
Zimmite Taiwan Ltd (8435) - Net Assets
Latest net assets as of September 2025: NT$745.83 Million TWD
Based on the latest financial reports, Zimmite Taiwan Ltd (8435) has net assets worth NT$745.83 Million 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$886.38 Million) and total liabilities (NT$140.55 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$745.83 Million |
| % of Total Assets | 84.14% |
| Annual Growth Rate | 1.35% |
| 5-Year Change | 9.03% |
| 10-Year Change | 7.9% |
| Growth Volatility | 2.19 |
Zimmite Taiwan Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Zimmite Taiwan 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 Zimmite Taiwan Ltd (2012–2024)
The table below shows the annual net assets of Zimmite Taiwan Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$812.22 Million | +3.65% |
| 2023-12-31 | NT$783.58 Million | +1.77% |
| 2022-12-31 | NT$769.97 Million | +1.36% |
| 2021-12-31 | NT$759.63 Million | +1.97% |
| 2020-12-31 | NT$744.96 Million | +1.48% |
| 2019-12-31 | NT$734.07 Million | -0.11% |
| 2018-12-31 | NT$734.84 Million | -0.47% |
| 2017-12-31 | NT$738.34 Million | +1.80% |
| 2016-12-31 | NT$725.25 Million | -3.65% |
| 2015-12-31 | NT$752.75 Million | +0.02% |
| 2014-12-31 | NT$752.58 Million | +3.49% |
| 2013-12-31 | NT$727.19 Million | +5.19% |
| 2012-12-31 | NT$691.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zimmite Taiwan 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 17.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$183.12 Million | 22.55% |
| Other Components | NT$629.10 Million | 77.45% |
| Total Equity | NT$812.22 Million | 100.00% |
Zimmite Taiwan Ltd Competitors by Market Cap
The table below lists competitors of Zimmite Taiwan Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Takisawa Technology Co Ltd
TWO:6609
|
$39.70 Million |
|
Grace Therapeutics, Inc.
NASDAQ:GRCE
|
$39.72 Million |
|
Seafco Public Company Limited
BK:SEAFCO
|
$39.72 Million |
|
Victoria Investama Tbk
JK:VICO
|
$39.73 Million |
|
Principal Capital Public Company Limited
BK:PRINC
|
$39.68 Million |
|
Whiting Petroleum Corporation
PINK:WLLBW
|
$39.68 Million |
|
Brinova Fastigheter AB (publ)
ST:BRIN-B
|
$39.66 Million |
|
Multilaser Industrial SA
SA:MLAS3
|
$39.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zimmite Taiwan Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 783,582,000 to 812,218,000, a change of 28,636,000 (3.7%).
- Net income of 148,494,000 contributed positively to equity growth.
- Dividend payments of 126,802,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$148.49 Million | +18.28% |
| Dividends Paid | NT$126.80 Million | -15.61% |
| Other Changes | NT$6.94 Million | +0.85% |
| Total Change | NT$- | 3.65% |
Book Value vs Market Value Analysis
This analysis compares Zimmite Taiwan 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: 2.20x
- 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 2.42x to 2.20x 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$23.29 | NT$56.30 | x |
| 2018-12-31 | NT$23.18 | NT$56.30 | x |
| 2019-12-31 | NT$23.16 | NT$56.30 | x |
| 2020-12-31 | NT$23.48 | NT$56.30 | x |
| 2021-12-31 | NT$23.94 | NT$56.30 | x |
| 2022-12-31 | NT$24.26 | NT$56.30 | x |
| 2023-12-31 | NT$24.69 | NT$56.30 | x |
| 2024-12-31 | NT$25.62 | NT$56.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zimmite Taiwan 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): 18.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.59%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.23x
- Recent ROE (18.28%) is above the historical average (15.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.93% | 15.28% | 0.75x | 1.21x | NT$27.17 Million |
| 2013 | 15.05% | 17.93% | 0.72x | 1.16x | NT$36.75 Million |
| 2014 | 13.38% | 15.80% | 0.71x | 1.19x | NT$25.43 Million |
| 2015 | 13.01% | 15.40% | 0.71x | 1.20x | NT$22.63 Million |
| 2016 | 13.03% | 14.39% | 0.74x | 1.23x | NT$22.00 Million |
| 2017 | 14.98% | 14.81% | 0.81x | 1.26x | NT$36.74 Million |
| 2018 | 14.40% | 13.78% | 0.82x | 1.28x | NT$32.31 Million |
| 2019 | 15.12% | 14.49% | 0.82x | 1.27x | NT$37.59 Million |
| 2020 | 15.08% | 15.75% | 0.75x | 1.27x | NT$37.86 Million |
| 2021 | 16.84% | 16.54% | 0.75x | 1.35x | NT$51.92 Million |
| 2022 | 16.47% | 16.49% | 0.75x | 1.34x | NT$49.78 Million |
| 2023 | 17.68% | 19.61% | 0.72x | 1.25x | NT$60.16 Million |
| 2024 | 18.28% | 20.59% | 0.72x | 1.23x | NT$67.27 Million |
Industry Comparison
This section compares Zimmite Taiwan Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $47,057,989,600
- Average return on equity (ROE) among peers: 7.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zimmite Taiwan Ltd (8435) | NT$745.83 Million | 13.93% | 0.19x | $39.69 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.66 Billion | 16.30% | 0.70x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $16.25 Billion | 10.72% | 0.47x | $358.21 Million |
| UPC Technology Corp (1313) | $29.90 Billion | 7.18% | 0.80x | $263.35 Million |
| Formosa Chemicals & Fibre Corp (1326) | $379.64 Billion | 11.55% | 0.43x | $4.35 Billion |
| Sesoda Corp (1708) | $3.05 Billion | 13.81% | 0.46x | $227.10 Million |
| Formosan Union Chemical Corp (1709) | $3.40 Billion | 0.00% | 0.29x | $154.81 Million |
| Oriental Union Chemical Corp (1710) | $17.82 Billion | -0.67% | 1.14x | $286.20 Million |
| Ho Tung Chemical Corp (1714) | $11.87 Billion | 10.01% | 1.26x | $202.24 Million |
| Sunko Ink Co Ltd (1721) | $595.83 Million | 0.00% | 0.86x | $64.82 Million |
| Chung Hwa Chemical Industrial Works Ltd (1727) | $1.39 Billion | 7.97% | 0.59x | $105.88 Million |