Yeou Yih Steel Co Ltd
Yeou Yih Steel Co., Ltd. produces and sells of stainless steel products in Taiwan, South Korea, Thailand, Europe, Vietnam, Malaysia, Japan, Singapore, and internationally. It provides hot rolled stainless steel plates, steel sheets, steel coils, and flat bars. Yeou Yih Steel Co., Ltd. was incorporated in 1996 and is based in Kaohsiung City, Taiwan.
Yeou Yih Steel Co Ltd (9962) - Net Assets
Latest net assets as of September 2025: NT$1.04 Billion TWD
Based on the latest financial reports, Yeou Yih Steel Co Ltd (9962) has net assets worth NT$1.04 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$1.53 Billion) and total liabilities (NT$492.23 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$1.04 Billion |
| % of Total Assets | 67.91% |
| Annual Growth Rate | 4.66% |
| 5-Year Change | 18.03% |
| 10-Year Change | 21.23% |
| Growth Volatility | 17.48 |
Yeou Yih Steel Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Yeou Yih Steel 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 Yeou Yih Steel Co Ltd (2002–2024)
The table below shows the annual net assets of Yeou Yih Steel Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.11 Billion | -3.92% |
| 2023-12-31 | NT$1.15 Billion | -4.18% |
| 2022-12-31 | NT$1.20 Billion | +10.70% |
| 2021-12-31 | NT$1.09 Billion | +15.80% |
| 2020-12-31 | NT$938.26 Million | -1.59% |
| 2019-12-31 | NT$953.42 Million | -6.35% |
| 2018-12-31 | NT$1.02 Billion | +3.45% |
| 2017-12-31 | NT$984.10 Million | +0.65% |
| 2016-12-31 | NT$977.78 Million | +7.04% |
| 2015-12-31 | NT$913.44 Million | -8.54% |
| 2014-12-31 | NT$998.73 Million | -4.46% |
| 2013-12-31 | NT$1.05 Billion | -2.88% |
| 2012-12-31 | NT$1.08 Billion | +4.27% |
| 2011-12-31 | NT$1.03 Billion | +6.46% |
| 2010-12-31 | NT$969.68 Million | +20.39% |
| 2009-12-31 | NT$805.45 Million | +8.37% |
| 2008-12-31 | NT$743.26 Million | -37.77% |
| 2007-12-31 | NT$1.19 Billion | +42.15% |
| 2006-12-31 | NT$840.21 Million | +48.78% |
| 2005-12-31 | NT$564.73 Million | +5.16% |
| 2004-12-31 | NT$537.01 Million | +27.92% |
| 2003-12-31 | NT$419.79 Million | +3.26% |
| 2002-12-31 | NT$406.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yeou Yih Steel 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 133.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$134.63 Million | 12.16% |
| Other Components | NT$972.77 Million | 87.84% |
| Total Equity | NT$1.11 Billion | 100.00% |
Yeou Yih Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Yeou Yih Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XTPL SA
WAR:XTP
|
$22.25 Million |
|
King River Resources Ltd
AU:KRR
|
$22.25 Million |
|
Matrimony.Com Limited
NSE:MATRIMONY
|
$22.25 Million |
|
Cansortium Inc
OTCQB:CNTMF
|
$22.25 Million |
|
DMS Propertindo Tbk PT
JK:KOTA
|
$22.24 Million |
|
Unidata S.p.A.
F:K6V0
|
$22.23 Million |
|
PERFORMANCE SHIPP.
F:DS2
|
$22.23 Million |
|
VMCAF
OTCMKTS:VMCAF
|
$22.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yeou Yih Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,152,565,000 to 1,107,403,000, a change of -45,162,000 (-3.9%).
- Net income of 61,091,000 contributed positively to equity growth.
- Dividend payments of 99,242,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$61.09 Million | +5.52% |
| Dividends Paid | NT$99.24 Million | -8.96% |
| Other Changes | NT$-7.01 Million | -0.63% |
| Total Change | NT$- | -3.92% |
Book Value vs Market Value Analysis
This analysis compares Yeou Yih Steel 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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.02x to 0.91x 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$10.91 | NT$11.15 | x |
| 2018-12-31 | NT$11.28 | NT$11.15 | x |
| 2019-12-31 | NT$10.57 | NT$11.15 | x |
| 2020-12-31 | NT$10.40 | NT$11.15 | x |
| 2021-12-31 | NT$12.02 | NT$11.15 | x |
| 2022-12-31 | NT$13.28 | NT$11.15 | x |
| 2023-12-31 | NT$12.75 | NT$11.15 | x |
| 2024-12-31 | NT$12.27 | NT$11.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yeou Yih Steel 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): 5.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.50%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.55x
- Recent ROE (5.52%) is below the historical average (8.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.89% | 4.11% | 1.93x | 1.76x | NT$15.82 Million |
| 2003 | 15.20% | 3.80% | 2.38x | 1.68x | NT$21.85 Million |
| 2004 | 22.26% | 4.04% | 2.85x | 1.93x | NT$65.82 Million |
| 2005 | 5.73% | 0.78% | 4.70x | 1.57x | NT$-24.10 Million |
| 2007 | 4.27% | 0.61% | 3.72x | 1.90x | NT$-68.41 Million |
| 2009 | 8.09% | 2.33% | 2.42x | 1.43x | NT$-15.37 Million |
| 2010 | 17.80% | 3.94% | 2.58x | 1.75x | NT$75.68 Million |
| 2011 | 8.87% | 1.62% | 3.23x | 1.70x | NT$-11.66 Million |
| 2012 | 11.13% | 2.79% | 3.29x | 1.21x | NT$12.12 Million |
| 2013 | 6.64% | 2.41% | 2.56x | 1.08x | NT$-35.09 Million |
| 2014 | 1.78% | 0.65% | 2.03x | 1.35x | NT$-82.09 Million |
| 2015 | -7.21% | -3.42% | 1.75x | 1.20x | NT$-157.21 Million |
| 2016 | 6.87% | 3.10% | 1.92x | 1.15x | NT$-30.57 Million |
| 2017 | 6.07% | 2.61% | 2.01x | 1.16x | NT$-38.65 Million |
| 2018 | 9.25% | 3.24% | 2.20x | 1.30x | NT$-7.63 Million |
| 2019 | 1.20% | 0.49% | 1.79x | 1.36x | NT$-83.93 Million |
| 2020 | 0.13% | 0.06% | 1.82x | 1.19x | NT$-92.63 Million |
| 2021 | 12.90% | 5.41% | 1.54x | 1.55x | NT$31.51 Million |
| 2022 | 17.71% | 6.03% | 2.36x | 1.24x | NT$92.77 Million |
| 2023 | 9.87% | 3.25% | 2.40x | 1.27x | NT$-1.49 Million |
| 2024 | 5.52% | 2.50% | 1.42x | 1.55x | NT$-49.65 Million |
Industry Comparison
This section compares Yeou Yih Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $14,507,134,500
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yeou Yih Steel Co Ltd (9962) | NT$1.04 Billion | 13.89% | 0.47x | $22.24 Million |
| 1480 (1480) | $3.18 Billion | 0.46% | 1.04x | $28.61 Million |
| Walsin Lihwa Corp (1605) | $62.20 Billion | -4.32% | 0.82x | $2.92 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $27.71 Billion | 12.86% | 0.60x | $1.04 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.58 Billion | 0.00% | 3.75x | $31.36 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.62 Billion | 0.00% | 3.66x | $28.78 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $10.15 Billion | 4.10% | 0.66x | $342.51 Million |
| Chun Yu Works & Co Ltd (2012) | $2.58 Billion | 3.92% | 1.85x | $36.48 Million |
| Chung Hung Steel Corp (2014) | $12.53 Billion | -19.54% | 2.05x | $458.80 Million |
| Feng Hsin Steel Co Ltd (2015) | $16.58 Billion | 10.95% | 0.18x | $690.55 Million |
| Quintain Steel Co Ltd (2017) | $3.95 Billion | 0.00% | 0.88x | $71.75 Million |