HORNG SHIUE HOLDING Co Ltd (2243) — Tangible Net Worth Ratio
HORNG SHIUE HOLDING Co Ltd (2243) has a Tangible Net Worth Ratio of 99.1% as of March 2026. This metric is calculated by deducting intangible assets (NT$8.31 Million) from net assets (NT$888.64 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of HORNG SHIUE HOLDING Co Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
HORNG SHIUE HOLDING Co Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how HORNG SHIUE HOLDING Co Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 99.1%, reflecting net assets of NT$888.64 Million with intangible assets of NT$8.31 Million TWD. For live market cap and overall valuation, see market cap of HORNG SHIUE HOLDING Co Ltd.
Annual Tangible Net Worth Ratio for HORNG SHIUE HOLDING Co Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for HORNG SHIUE HOLDING Co Ltd from 2014 to 2025, covering 12 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore HORNG SHIUE HOLDING Co Ltd (2243) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.2% | NT$807.09 Million | NT$6.15 Million | NT$3.38 Billion | ▲ +0.0 pp |
| 2024 | 99.2% | NT$744.01 Million | NT$5.78 Million | NT$3.22 Billion | ▲ +0.2 pp |
| 2023 | 99.0% | NT$678.61 Million | NT$6.89 Million | NT$3.21 Billion | ▲ +0.1 pp |
| 2022 | 98.8% | NT$490.97 Million | NT$5.67 Million | NT$3.37 Billion | ▲ +0.4 pp |
| 2021 | 98.5% | NT$491.11 Million | NT$7.48 Million | NT$4.09 Billion | ▼ -0.2 pp |
| 2020 | 98.7% | NT$551.11 Million | NT$7.25 Million | NT$3.90 Billion | ▲ +0.0 pp |
| 2019 | 98.6% | NT$825.35 Million | NT$11.14 Million | NT$3.30 Billion | ▲ +2.6 pp |
| 2018 | 96.1% | NT$965.12 Million | NT$37.67 Million | NT$3.96 Billion | ▲ +0.2 pp |
| 2017 | 95.9% | NT$1.01 Billion | NT$41.81 Million | NT$3.99 Billion | ▼ -0.7 pp |
| 2016 | 96.5% | NT$868.73 Million | NT$30.12 Million | NT$3.77 Billion | ▲ +4.0 pp |
| 2015 | 92.5% | NT$479.82 Million | NT$36.02 Million | NT$4.08 Billion | ▲ +2.2 pp |
| 2014 | 90.3% | NT$371.69 Million | NT$36.12 Million | NT$3.72 Billion | — |