Fountain Set (Holdings) Limited
Fountain Set (Holdings) Limited, an investment holding company, produces and sells knitted fabrics and garments in Hong Kong, the People's Republic of China, Taiwan, Korea, Sri Lanka, the United States, Europe, and internationally. The company involved in fabric knitting, dyeing, printing, finishing, and garment manufacturing activities. It also engages in trading of yarns, dyestuffs, dyed fabric… Read more
Fountain Set (Holdings) Limited (FOV) - Net Assets
Latest net assets as of June 2025: €3.44 Billion EUR
Based on the latest financial reports, Fountain Set (Holdings) Limited (FOV) has net assets worth €3.44 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.59 Billion) and total liabilities (€1.15 Billion). 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 | €3.44 Billion |
| % of Total Assets | 74.91% |
| Annual Growth Rate | 0.48% |
| 5-Year Change | -3.46% |
| 10-Year Change | 1.8% |
| Growth Volatility | 3.35 |
Fountain Set (Holdings) Limited - Net Assets Trend (2013–2024)
This chart illustrates how Fountain Set (Holdings) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fountain Set (Holdings) Limited (2013–2024)
The table below shows the annual net assets of Fountain Set (Holdings) Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.46 Billion | -0.37% |
| 2023-12-31 | €3.47 Billion | +1.31% |
| 2022-12-31 | €3.42 Billion | -8.92% |
| 2021-12-31 | €3.76 Billion | +5.01% |
| 2020-12-31 | €3.58 Billion | -0.15% |
| 2019-12-31 | €3.59 Billion | -0.45% |
| 2018-12-31 | €3.60 Billion | +1.26% |
| 2017-12-31 | €3.56 Billion | +2.97% |
| 2016-12-31 | €3.45 Billion | +1.73% |
| 2015-12-31 | €3.39 Billion | +2.08% |
| 2014-12-31 | €3.33 Billion | +1.43% |
| 2013-12-31 | €3.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fountain Set (Holdings) Limited'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 0.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.29 Billion | 70.76% |
| Other Components | €946.69 Million | 29.24% |
| Total Equity | €3.24 Billion | 100.00% |
Fountain Set (Holdings) Limited Competitors by Market Cap
The table below lists competitors of Fountain Set (Holdings) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Covalon Technologies Ltd
OTCQX:CVALF
|
$26.51 Million |
|
Busan Ind
KO:011390
|
$26.52 Million |
|
Hotel Property Investments Ltd
AU:HPI
|
$26.52 Million |
|
Evertex Fabrinology Ltd
TW:1470
|
$26.53 Million |
|
Huvis Corporation
KO:079980
|
$26.51 Million |
|
Golden State Bancorp
OTCQX:GSBX
|
$26.51 Million |
|
RFTech Co. Ltd
KQ:061040
|
$26.51 Million |
|
Fattal 1998 Holdings Ltd
TA:FTAL
|
$26.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fountain Set (Holdings) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,268,346,000 to 3,237,589,000, a change of -30,757,000 (-0.9%).
- Net income of 14,262,000 contributed positively to equity growth.
- Dividend payments of 36,751,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €14.26 Million | +0.44% |
| Dividends Paid | €36.75 Million | -1.14% |
| Other Changes | €-8.27 Million | -0.26% |
| Total Change | €- | -0.94% |
Book Value vs Market Value Analysis
This analysis compares Fountain Set (Holdings) Limited'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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.82 | €0.06 | x |
| 2018-12-31 | €2.85 | €0.06 | x |
| 2019-12-31 | €2.79 | €0.06 | x |
| 2020-12-31 | €2.77 | €0.06 | x |
| 2021-12-31 | €2.91 | €0.06 | x |
| 2022-12-31 | €2.63 | €0.06 | x |
| 2023-12-31 | €2.67 | €0.06 | x |
| 2024-12-31 | €2.64 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fountain Set (Holdings) Limited 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): 0.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.32%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.43x
- Recent ROE (0.44%) is below the historical average (2.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.93% | 1.32% | 1.13x | 1.97x | €-220.42 Million |
| 2014 | 2.85% | 1.31% | 1.24x | 1.75x | €-227.66 Million |
| 2015 | 3.09% | 1.50% | 1.23x | 1.68x | €-223.19 Million |
| 2016 | 3.88% | 2.02% | 1.18x | 1.63x | €-201.90 Million |
| 2017 | 4.61% | 2.27% | 1.24x | 1.64x | €-183.38 Million |
| 2018 | 4.68% | 2.14% | 1.33x | 1.65x | €-182.49 Million |
| 2019 | 4.13% | 2.14% | 1.25x | 1.55x | €-200.86 Million |
| 2020 | 2.52% | 1.73% | 0.91x | 1.60x | €-253.75 Million |
| 2021 | 6.78% | 3.57% | 1.17x | 1.61x | €-114.69 Million |
| 2022 | -3.59% | -1.91% | 1.20x | 1.57x | €-437.64 Million |
| 2023 | 1.56% | 1.15% | 0.91x | 1.50x | €-275.93 Million |
| 2024 | 0.44% | 0.32% | 0.96x | 1.43x | €-309.50 Million |
Industry Comparison
This section compares Fountain Set (Holdings) Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $12,926,325,841
- Average return on equity (ROE) among peers: 8.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fountain Set (Holdings) Limited (FOV) | €3.44 Billion | 2.93% | 0.33x | $26.51 Million |
| Gabriel Holding A/S (1GH) | $281.17 Million | 17.42% | 1.00x | $50.48 Million |
| Dierig Holding AG (DIE) | $28.46 Million | 6.84% | 2.77x | $9.92 Million |
| Kingdom Holdings Limited (K7A) | $961.66 Million | 11.49% | 0.55x | $26.65 Million |
| Nitto Boseki Co. Ltd (NB5) | $98.70 Billion | 5.85% | 0.75x | $3.21 Billion |
| Hoftex Group AG (NBH) | $110.31 Million | 3.38% | 0.65x | $3.44 Million |
| Best Pacific International Holdings Limited (NWQ) | $3.32 Billion | 10.46% | 0.80x | $98.56 Million |
| Vereinigte Filzfabriken AG (VFF) | $2.11 Million | 0.00% | 3.43x | $601.10K |
| AB Linas (YCJ) | $7.36 Million | 8.82% | 0.43x | $842.92K |