Horizon Securities Co Ltd (6015) — Tangible Net Worth Ratio
Horizon Securities Co Ltd (6015) has a Tangible Net Worth Ratio of 98.7% as of September 2025. This metric is calculated by deducting intangible assets (NT$69.86 Million) from net assets (NT$5.34 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 6015 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Horizon Securities Co Ltd Tangible Net Worth Ratio (2009–2024)
This chart shows how Horizon Securities Co Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 98.7%, reflecting net assets of NT$5.34 Billion with intangible assets of NT$69.86 Million TWD. For live market cap and overall valuation, see Horizon Securities Co Ltd (6015) total market value.
Annual Tangible Net Worth Ratio for Horizon Securities Co Ltd (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Horizon Securities Co Ltd from 2009 to 2024, covering 16 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 how much does Horizon Securities Co Ltd reinvest in capital 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) |
|---|---|---|---|---|---|
| 2024 | 98.6% | NT$5.44 Billion | NT$73.82 Million | NT$14.04 Billion | ▲ +0.4 pp |
| 2023 | 98.2% | NT$4.74 Billion | NT$84.31 Million | NT$15.47 Billion | ▲ +0.1 pp |
| 2022 | 98.1% | NT$4.53 Billion | NT$85.00 Million | NT$10.09 Billion | ▼ -0.5 pp |
| 2021 | 98.6% | NT$5.33 Billion | NT$74.22 Million | NT$16.50 Billion | ▼ -0.7 pp |
| 2020 | 99.3% | NT$4.16 Billion | NT$29.43 Million | NT$16.87 Billion | ▼ -0.1 pp |
| 2019 | 99.4% | NT$3.90 Billion | NT$24.80 Million | NT$11.56 Billion | ▼ -0.2 pp |
| 2018 | 99.6% | NT$3.85 Billion | NT$15.21 Million | NT$11.58 Billion | ▼ 0.0 pp |
| 2017 | 99.6% | NT$4.42 Billion | NT$15.72 Million | NT$11.51 Billion | ▲ +0.0 pp |
| 2016 | 99.6% | NT$4.38 Billion | NT$17.73 Million | NT$9.61 Billion | ▼ -0.1 pp |
| 2015 | 99.7% | NT$4.79 Billion | NT$12.60 Million | NT$11.24 Billion | ▼ 0.0 pp |
| 2014 | 99.7% | NT$5.01 Billion | NT$12.93 Million | NT$13.59 Billion | ▲ +0.0 pp |
| 2013 | 99.7% | NT$4.96 Billion | NT$13.31 Million | NT$11.97 Billion | ▼ -0.1 pp |
| 2012 | 99.9% | NT$5.66 Billion | NT$6.88 Million | NT$11.79 Billion | ▲ +0.9 pp |
| 2011 | 99.0% | NT$3.82 Billion | NT$37.29 Million | NT$10.90 Billion | ▼ 0.0 pp |
| 2010 | 99.0% | NT$4.21 Billion | NT$40.56 Million | NT$9.27 Billion | ▼ -0.6 pp |
| 2009 | 99.6% | NT$3.99 Billion | NT$16.11 Million | NT$9.96 Billion | — |