Yieh United Steel (9957) - Net Assets

Latest as of June 2025: NT$14.96 Billion TWD ≈ $471.22 Million USD

Based on the latest financial reports, Yieh United Steel (9957) has net assets worth NT$14.96 Billion TWD (≈ $471.22 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$58.15 Billion ≈ $1.83 Billion USD) and total liabilities (NT$43.19 Billion ≈ $1.36 Billion 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 9957 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$14.96 Billion
% of Total Assets	25.72%
Annual Growth Rate	0.26%
5-Year Change	30.56%
10-Year Change	2.44%
Growth Volatility	41.54

Yieh United Steel - Net Assets Trend (2003–2024)

This chart illustrates how Yieh United Steel's net assets have evolved over time, based on quarterly financial data. Also explore Yieh United Steel balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Yieh United Steel (2003–2024)

The table below shows the annual net assets of Yieh United Steel from 2003 to 2024. For live valuation and market cap data, see Yieh United Steel (9957) total market value.

Year	Net Assets	Change
2024-12-31	NT$18.84 Billion ≈ $593.49 Million	-11.12%
2023-12-31	NT$21.19 Billion ≈ $667.73 Million	-13.44%
2022-12-31	NT$24.48 Billion ≈ $771.40 Million	+3.57%
2021-12-31	NT$23.64 Billion ≈ $744.80 Million	+63.85%
2020-12-31	NT$14.43 Billion ≈ $454.56 Million	-70.90%
2019-12-31	NT$49.58 Billion ≈ $1.56 Billion	+158.31%
2018-12-31	NT$19.19 Billion ≈ $604.72 Million	-2.47%
2017-12-31	NT$19.68 Billion ≈ $620.03 Million	+5.72%
2016-12-31	NT$18.62 Billion ≈ $586.49 Million	+1.23%
2015-12-31	NT$18.39 Billion ≈ $579.35 Million	-3.63%
2014-12-31	NT$19.08 Billion ≈ $601.15 Million	-22.13%
2013-12-31	NT$24.50 Billion ≈ $772.03 Million	+0.29%
2012-12-31	NT$24.43 Billion ≈ $769.81 Million	-7.93%
2011-12-31	NT$26.54 Billion ≈ $836.14 Million	-4.18%
2010-12-31	NT$27.70 Billion ≈ $872.64 Million	-0.68%
2009-12-31	NT$27.89 Billion ≈ $878.63 Million	+28.69%
2008-12-31	NT$21.67 Billion ≈ $682.77 Million	-14.95%
2007-12-31	NT$25.48 Billion ≈ $802.82 Million	-3.73%
2006-12-31	NT$26.47 Billion ≈ $833.89 Million	+29.41%
2005-12-31	NT$20.45 Billion ≈ $644.40 Million	-1.81%
2004-12-31	NT$20.83 Billion ≈ $656.29 Million	+16.88%
2003-12-31	NT$17.82 Billion ≈ $561.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Yieh United Steel'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 319.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	NT$27.21 Billion	153.78%
Total Equity	NT$17.70 Billion	100.00%

Yieh United Steel Competitors by Market Cap

The table below lists competitors of Yieh United Steel ranked by their market capitalization.

Company	Market Cap
Dongwon F & B KO:049770	$584.51 Million
China National Complete Plant Import & Export Corp Ltd SHE:000151	$584.52 Million
Red River Bancshares Inc NASDAQ:RRBI	$584.66 Million
Energy Recovery Inc NASDAQ:ERII	$584.81 Million
Skipper Limited NSE:SKIPPER	$584.19 Million
Zambal Spain Socimi SA MC:YZBL	$584.16 Million
Escar Turizm Tasimacilik Ticaret AS IS:ESCAR	$584.01 Million
MIDEA REAL HLDG HD 1 F:MR9	$584.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yieh United Steel's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 20,071,002,000 to 17,695,946,000, a change of -2,375,056,000 (-11.8%).
Net loss of 3,093,204,000 reduced equity.
Other factors increased equity by 718,148,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	NT$-3.09 Billion	-17.48%
Other Changes	NT$718.15 Million	+4.06%
Total Change	NT$-	-11.83%

Book Value vs Market Value Analysis

This analysis compares Yieh United Steel'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: 1.05x
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$7.22	NT$7.08	x
2018-12-31	NT$7.03	NT$7.08	x
2019-12-31	NT$5.64	NT$7.08	x
2020-12-31	NT$5.21	NT$7.08	x
2021-12-31	NT$8.69	NT$7.08	x
2022-12-31	NT$9.00	NT$7.08	x
2023-12-31	NT$7.64	NT$7.08	x
2024-12-31	NT$6.75	NT$7.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yieh United Steel 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): -17.48%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.65%
• Asset Turnover: 0.74x
• Equity Multiplier: 3.56x
Recent ROE (-17.48%) is below the historical average (1.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	12.67%	4.72%	1.25x	2.15x	NT$476.00 Million
2004	21.46%	7.01%	1.33x	2.31x	NT$2.39 Billion
2005	3.15%	1.11%	0.99x	2.85x	NT$-1.40 Billion
2006	21.02%	4.67%	1.37x	3.28x	NT$2.91 Billion
2007	2.02%	0.36%	1.53x	3.68x	NT$-2.03 Billion
2009	17.66%	4.49%	1.05x	3.76x	NT$2.12 Billion
2010	9.11%	1.69%	1.33x	4.05x	NT$-244.38 Million
2014	0.18%	0.06%	1.00x	3.00x	NT$-1.85 Billion
2015	-17.52%	-7.79%	0.71x	3.17x	NT$-4.86 Billion
2016	3.94%	1.59%	0.78x	3.17x	NT$-1.08 Billion
2017	4.25%	1.80%	0.79x	3.00x	NT$-1.09 Billion
2018	-1.39%	-0.51%	0.86x	3.15x	NT$-2.10 Billion
2019	-22.13%	-7.32%	0.83x	3.64x	NT$-4.75 Billion
2020	-12.88%	-4.64%	0.71x	3.91x	NT$-3.12 Billion
2021	23.76%	9.10%	0.97x	2.69x	NT$3.13 Billion
2022	-0.01%	0.00%	0.91x	2.51x	NT$-2.36 Billion
2023	-16.89%	-7.81%	0.72x	3.00x	NT$-5.40 Billion
2024	-17.48%	-6.65%	0.74x	3.56x	NT$-4.86 Billion

Industry Comparison

This section compares Yieh United Steel's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $78,318,497,200
Average return on equity (ROE) among peers: 5.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Yieh United Steel (9957)	NT$14.96 Billion	12.67%	2.89x	$584.51 Million
Walsin Lihwa Corp (1605)	$59.38 Billion	13.22%	0.34x	$4.21 Billion
China Steel Corp (2002)	$331.95 Billion	5.09%	1.01x	$9.00 Billion
China Steel Corp Pref (2002A)	$342.25 Billion	0.49%	0.98x	$46.78 Million
Tung Ho Steel Enterprise Corp (2006)	$14.24 Billion	17.57%	0.78x	$1.50 Billion
Yieh Hsing Enterprise Co Ltd (2007)	$3.22 Billion	-5.72%	4.62x	$124.72 Million
Kao Hsiung Chang Iron & Steel Corp (2008)	$3.67 Billion	-10.06%	0.43x	$165.35 Million
Chun Yuan Steel Industry Co Ltd (2010)	$9.90 Billion	3.68%	1.20x	$505.02 Million
Chun Yu Works & Co Ltd (2012)	$4.00 Billion	6.23%	1.65x	$129.09 Million
China Steel Structure Co Ltd (2013)	$2.65 Billion	0.00%	2.18x	$269.37 Million
Chung Hung Steel Corp (2014)	$11.93 Billion	21.85%	1.63x	$796.00 Million

About Yieh United Steel

TWO:9957 Taiwan Steel

Market Cap

$584.51 Million

NT$18.55 Billion TWD

Market Cap Rank

#11763 Global

#398 in Taiwan

Share Price

NT$7.08

Change (1 day)

+0.71%

52-Week Range

NT$5.92 - NT$9.15

All Time High

NT$25.20