First Steamship Co Ltd (2601) — Tangible Net Worth Ratio

Latest as of June 2026: 99.6%

First Steamship Co Ltd (2601) has a Tangible Net Worth Ratio of 99.6% as of June 2026. This metric is calculated by deducting intangible assets (NT$33.18 Million) from net assets (NT$7.45 Billion) 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 2601 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

99.6%
Tangible equity / total equity

Net Assets (Equity)

NT$7.45 Billion
TWD

Intangible Assets

NT$33.18 Million
Goodwill, patents, brand value

Total Assets

NT$11.40 Billion
TWD

First Steamship Co Ltd Tangible Net Worth Ratio (2002–2025)

This chart shows how First Steamship Co Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 99.6%, reflecting net assets of NT$7.45 Billion with intangible assets of NT$33.18 Million TWD. For live market cap and overall valuation, see First Steamship Co Ltd (2601) market capitalisation.

Annual Tangible Net Worth Ratio for First Steamship Co Ltd (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for First Steamship Co Ltd from 2002 to 2025, covering 24 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 2601 capital reinvestment ratio 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 99.5% NT$7.45 Billion NT$34.04 Million NT$11.78 Billion ▲ +1.6 pp
2024 97.9% NT$11.10 Billion NT$228.00 Million NT$34.89 Billion ▲ +0.2 pp
2023 97.8% NT$10.95 Billion NT$241.65 Million NT$35.37 Billion ▲ +2.1 pp
2022 95.7% NT$13.65 Billion NT$587.53 Million NT$35.77 Billion ▲ +0.1 pp
2021 95.6% NT$13.26 Billion NT$588.18 Million NT$38.99 Billion ▲ +1.5 pp
2020 94.1% NT$12.11 Billion NT$716.70 Million NT$36.40 Billion ▲ +0.1 pp
2019 94.0% NT$13.26 Billion NT$796.89 Million NT$38.27 Billion ▲ +0.3 pp
2018 93.7% NT$13.08 Billion NT$823.10 Million NT$34.48 Billion ▼ -0.9 pp
2017 94.6% NT$12.93 Billion NT$694.81 Million NT$35.02 Billion ▲ +0.8 pp
2016 93.8% NT$10.66 Billion NT$656.73 Million NT$35.85 Billion ▼ -1.8 pp
2015 95.7% NT$12.87 Billion NT$556.01 Million NT$40.15 Billion ▼ -1.2 pp
2014 96.8% NT$14.67 Billion NT$465.13 Million NT$39.14 Billion ▲ +0.1 pp
2013 96.8% NT$13.74 Billion NT$444.40 Million NT$33.86 Billion ▼ -0.1 pp
2012 96.8% NT$13.38 Billion NT$423.94 Million NT$29.71 Billion ▲ +0.8 pp
2011 96.0% NT$11.30 Billion NT$450.01 Million NT$26.57 Billion ▲ +1.0 pp
2010 95.0% NT$8.85 Billion NT$443.56 Million NT$21.93 Billion ▲ +1.9 pp
2009 93.0% NT$8.12 Billion NT$565.11 Million NT$20.47 Billion ▲ +1.4 pp
2008 91.7% NT$7.18 Billion NT$597.47 Million NT$15.56 Billion ▲ +3.3 pp
2007 88.4% NT$4.62 Billion NT$534.49 Million NT$12.74 Billion ▼ -1.9 pp
2006 90.3% NT$3.29 Billion NT$319.09 Million NT$8.04 Billion ▼ -9.6 pp
2005 100.0% NT$2.51 Billion NT$1.25 Million NT$3.28 Billion ▲ +0.3 pp
2004 99.7% NT$2.19 Billion NT$6.83 Million NT$2.92 Billion ▼ 0.0 pp
2003 99.7% NT$2.79 Billion NT$8.03 Million NT$4.13 Billion ▲ +0.0 pp
2002 99.7% NT$2.36 Billion NT$7.22 Million NT$3.91 Billion
pp = percentage points