CKM Building Material (8930) - Net Assets
Based on the latest financial reports, CKM Building Material (8930) has net assets worth NT$1.46 Billion TWD (≈ $46.14 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$2.06 Billion ≈ $64.79 Million USD) and total liabilities (NT$591.98 Million ≈ $18.65 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 CKM Building Material asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.46 Billion |
| % of Total Assets | 71.21% |
| Annual Growth Rate | 4.54% |
| 5-Year Change | 22.08% |
| 10-Year Change | 53.04% |
| Growth Volatility | 7.23 |
CKM Building Material - Net Assets Trend (2015–2025)
This chart illustrates how CKM Building Material's net assets have evolved over time, based on quarterly financial data. Also explore how large is CKM Building Material's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for CKM Building Material (2015–2025)
The table below shows the annual net assets of CKM Building Material from 2015 to 2025. For live valuation and market cap data, see 8930 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.46 Billion ≈ $46.14 Million |
-4.96% |
| 2024-12-31 | NT$1.54 Billion ≈ $48.55 Million |
+2.96% |
| 2023-12-31 | NT$1.50 Billion ≈ $47.15 Million |
+12.79% |
| 2022-12-31 | NT$1.33 Billion ≈ $41.80 Million |
+10.61% |
| 2021-12-31 | NT$1.20 Billion ≈ $37.79 Million |
+6.30% |
| 2020-12-31 | NT$1.13 Billion ≈ $35.55 Million |
-2.54% |
| 2019-12-31 | NT$1.16 Billion ≈ $36.48 Million |
+1.72% |
| 2018-12-31 | NT$1.14 Billion ≈ $35.86 Million |
-0.64% |
| 2017-12-31 | NT$1.15 Billion ≈ $36.09 Million |
+19.72% |
| 2016-12-31 | NT$956.93 Million ≈ $30.15 Million |
+1.89% |
| 2015-12-31 | NT$939.21 Million ≈ $29.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CKM Building Material'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 123.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$357.82 Million | 24.43% |
| Other Components | NT$1.11 Billion | 75.57% |
| Total Equity | NT$1.46 Billion | 100.00% |
CKM Building Material Competitors by Market Cap
The table below lists competitors of CKM Building Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PP Properti Tbk PT
JK:PPRO
|
$75.89 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$75.89 Million |
|
Groupe Minoteries SA
SW:GMI
|
$75.90 Million |
|
Podak Co Ltd
TWO:3537
|
$75.93 Million |
|
Renergen Ltd.
JSE:REN
|
$75.87 Million |
|
Aero Win Technology Corp
TW:8222
|
$75.83 Million |
|
Shih Kuen Plastics Co Ltd
TWO:4305
|
$75.83 Million |
|
Ko Ja Cayman Co Ltd
TW:5215
|
$75.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CKM Building Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,540,901,000 to 1,464,452,000, a change of -76,449,000 (-5.0%).
- Net income of 195,979,000 contributed positively to equity growth.
- Dividend payments of 229,066,000 reduced retained earnings.
- Share repurchases of 44,689,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$195.98 Million | +13.38% |
| Dividends Paid | NT$229.07 Million | -15.64% |
| Share Repurchases | NT$44.69 Million | -3.05% |
| Other Changes | NT$1.33 Million | +0.09% |
| Total Change | NT$- | -4.96% |
Book Value vs Market Value Analysis
This analysis compares CKM Building Material'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: 1.64x
- 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 2.08x to 1.64x 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$14.40 | NT$30.00 | x |
| 2018-12-31 | NT$14.57 | NT$30.00 | x |
| 2019-12-31 | NT$14.83 | NT$30.00 | x |
| 2020-12-31 | NT$14.47 | NT$30.00 | x |
| 2021-12-31 | NT$15.00 | NT$30.00 | x |
| 2022-12-31 | NT$16.19 | NT$30.00 | x |
| 2023-12-31 | NT$18.21 | NT$30.00 | x |
| 2024-12-31 | NT$18.84 | NT$30.00 | x |
| 2025-12-31 | NT$18.24 | NT$30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CKM Building Material utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.79%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.40x
- Recent ROE (13.38%) is above the historical average (8.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -3.25% | -3.35% | 0.56x | 1.73x | NT$-124.46 Million |
| 2016 | 5.14% | 4.85% | 0.66x | 1.62x | NT$-46.54 Million |
| 2017 | 17.60% | 19.44% | 0.63x | 1.43x | NT$87.05 Million |
| 2018 | 5.03% | 5.02% | 0.68x | 1.48x | NT$-56.61 Million |
| 2019 | 5.67% | 6.19% | 0.60x | 1.52x | NT$-50.18 Million |
| 2020 | 2.21% | 2.62% | 0.48x | 1.75x | NT$-87.89 Million |
| 2021 | 6.66% | 6.48% | 0.56x | 1.83x | NT$-40.08 Million |
| 2022 | 13.08% | 13.24% | 0.55x | 1.81x | NT$40.91 Million |
| 2023 | 17.06% | 16.72% | 0.67x | 1.53x | NT$105.73 Million |
| 2024 | 15.97% | 15.96% | 0.71x | 1.41x | NT$91.98 Million |
| 2025 | 13.38% | 13.79% | 0.69x | 1.40x | NT$49.53 Million |
Industry Comparison
This section compares CKM Building Material's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $4,332,554,875
- Average return on equity (ROE) among peers: 5.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CKM Building Material (8930) | NT$1.46 Billion | -3.25% | 0.40x | $75.88 Million |
| Champion Building Materials Co Ltd (1806) | $7.37 Billion | -0.99% | 0.80x | $104.73 Million |
| China Glaze Co Ltd (1809) | $4.55 Billion | 3.61% | 0.31x | $135.25 Million |
| Sunspring Metal Corp (2062) | $4.89 Billion | 18.52% | 0.60x | $131.37 Million |
| Buima Group (5543) | $695.36 Million | -9.06% | 0.56x | $42.63 Million |
| M.J. International Co Ltd (8466) | $2.57 Billion | 19.25% | 0.53x | $39.67 Million |
| Kuo Toong International Co Ltd (8936) | $2.23 Billion | 8.71% | 0.30x | $391.57 Million |
| Taiwan Fu Hsing Industrial Co Ltd (9924) | $6.71 Billion | 13.57% | 0.37x | $208.75 Million |
| Globe Union Industrial Corp (9934) | $5.65 Billion | -8.19% | 1.36x | $120.04 Million |
About CKM Building Material
CKM Applied Materials Corp. engages in the manufacture and trading of building materials in Taiwan and internationally. The company offers ceiling suspension systems, such as T grids and partition frame systems; metal ceilings, including non-perforated, perforated, embossed, mesh, baffle, curve, linear, honeycomb, extrusion, crossing, triangular, cell, and strip ceilings; and micro-perforated aco… Read more