World Houseware (Holdings) Limited
World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the People's Republic of China and the United States. It engages in the property holding and investment activities; and recycling and reborn resources related business, as well as offers transportation services. The company also trades in buildi… Read more
World Houseware (Holdings) Limited (WHWRF) - Net Assets
Latest net assets as of June 2025: $1.06 Billion USD
Based on the latest financial reports, World Houseware (Holdings) Limited (WHWRF) has net assets worth $1.06 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.51 Billion) and total liabilities ($1.45 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 | $1.06 Billion |
| % of Total Assets | 42.29% |
| Annual Growth Rate | 1.82% |
| 5-Year Change | -39.97% |
| 10-Year Change | 35.88% |
| Growth Volatility | 34.1 |
World Houseware (Holdings) Limited - Net Assets Trend (2002–2024)
This chart illustrates how World Houseware (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 World Houseware (Holdings) Limited (2002–2024)
The table below shows the annual net assets of World Houseware (Holdings) Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.11 Billion | -23.31% |
| 2023-12-31 | $1.45 Billion | -11.66% |
| 2022-12-31 | $1.64 Billion | -15.30% |
| 2021-12-31 | $1.94 Billion | +4.61% |
| 2020-12-31 | $1.85 Billion | +9.78% |
| 2019-12-31 | $1.69 Billion | -6.34% |
| 2018-12-31 | $1.80 Billion | +157.18% |
| 2017-12-31 | $701.17 Million | -4.60% |
| 2016-12-31 | $734.95 Million | -10.28% |
| 2015-12-31 | $819.20 Million | -7.61% |
| 2014-12-31 | $886.72 Million | -8.13% |
| 2013-12-31 | $965.17 Million | -1.39% |
| 2012-12-31 | $978.82 Million | +2.50% |
| 2011-12-31 | $954.93 Million | +2.66% |
| 2010-12-31 | $930.16 Million | +4.57% |
| 2009-12-31 | $889.49 Million | +4.16% |
| 2008-12-31 | $853.96 Million | +0.46% |
| 2007-12-31 | $850.09 Million | +4.00% |
| 2006-12-31 | $817.42 Million | -0.48% |
| 2005-12-31 | $821.33 Million | +4.32% |
| 2004-12-31 | $787.35 Million | +1.69% |
| 2003-12-31 | $774.26 Million | +3.44% |
| 2002-12-31 | $748.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to World Houseware (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 16303900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $163.04 Million | 14.65% |
| Common Stock | $79.21 Million | 7.12% |
| Other Comprehensive Income | $462.48 Million | 41.55% |
| Other Components | $408.39 Million | 36.69% |
| Total Equity | $1.11 Billion | 100.00% |
World Houseware (Holdings) Limited Competitors by Market Cap
The table below lists competitors of World Houseware (Holdings) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Above Food Ingredients Inc. Common Stock
NASDAQ:ABVE
|
$18.76 Million |
|
EA Technique M Bhd
KLSE:5259
|
$18.76 Million |
|
Argosy Minerals Limited
PINK:ARYMF
|
$18.76 Million |
|
KNOREX LTD.
NYSE MKT:KNRX
|
$18.77 Million |
|
Issuer Direct Corp
NYSE MKT:ISDR
|
$18.75 Million |
|
Quality & Reliability A.B.E.E
AT:QUAL
|
$18.75 Million |
|
Maybank Securities (Thailand) PCL
BK:MST
|
$18.74 Million |
|
Train Alliance Sweden AB Series B
ST:TRAIN-B
|
$18.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Houseware (Holdings) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,451,396,000 to 1,113,116,000, a change of -338,280,000 (-23.3%).
- Net loss of 322,155,000 reduced equity.
- Other comprehensive income decreased equity by 16,125,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-322.15 Million | -28.94% |
| Other Comprehensive Income | $-16.12 Million | -1.45% |
| Total Change | $- | -23.31% |
Book Value vs Market Value Analysis
This analysis compares World Houseware (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: 0.04x
- 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 |
|---|---|---|---|
| 2002-12-31 | $1.11 | $0.05 | x |
| 2003-12-31 | $1.14 | $0.05 | x |
| 2004-12-31 | $1.16 | $0.05 | x |
| 2005-12-31 | $1.21 | $0.05 | x |
| 2006-12-31 | $1.21 | $0.05 | x |
| 2007-12-31 | $1.26 | $0.05 | x |
| 2008-12-31 | $1.26 | $0.05 | x |
| 2009-12-31 | $1.31 | $0.05 | x |
| 2010-12-31 | $1.38 | $0.05 | x |
| 2011-12-31 | $1.41 | $0.05 | x |
| 2012-12-31 | $1.44 | $0.05 | x |
| 2013-12-31 | $1.43 | $0.05 | x |
| 2014-12-31 | $1.31 | $0.05 | x |
| 2015-12-31 | $1.15 | $0.05 | x |
| 2016-12-31 | $1.03 | $0.05 | x |
| 2017-12-31 | $0.93 | $0.05 | x |
| 2018-12-31 | $2.33 | $0.05 | x |
| 2019-12-31 | $2.21 | $0.05 | x |
| 2020-12-31 | $2.42 | $0.05 | x |
| 2021-12-31 | $2.44 | $0.05 | x |
| 2022-12-31 | $2.11 | $0.05 | x |
| 2023-12-31 | $1.84 | $0.05 | x |
| 2024-12-31 | $1.41 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Houseware (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): -28.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -101.22%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.36x
- Recent ROE (-28.94%) is below the historical average (-1.14%), 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 | 5.61% | 6.18% | 0.68x | 1.33x | $-32.83 Million |
| 2003 | 4.78% | 5.02% | 0.66x | 1.44x | $-40.40 Million |
| 2004 | 2.52% | 2.28% | 0.66x | 1.67x | $-58.88 Million |
| 2005 | 2.43% | 2.26% | 0.66x | 1.64x | $-62.14 Million |
| 2006 | -5.22% | -4.81% | 0.67x | 1.61x | $-124.44 Million |
| 2007 | -5.38% | -4.59% | 0.73x | 1.61x | $-130.77 Million |
| 2008 | -8.07% | -6.90% | 0.51x | 2.30x | $-154.30 Million |
| 2009 | 3.31% | 3.19% | 0.70x | 1.49x | $-59.54 Million |
| 2010 | 0.28% | 0.26% | 0.73x | 1.48x | $-90.37 Million |
| 2011 | -3.65% | -3.08% | 0.79x | 1.49x | $-129.96 Million |
| 2012 | 1.12% | 1.02% | 0.75x | 1.46x | $-86.93 Million |
| 2013 | -4.87% | -4.72% | 0.67x | 1.54x | $-143.48 Million |
| 2014 | -5.51% | -4.93% | 0.66x | 1.70x | $-137.56 Million |
| 2015 | -5.07% | -4.18% | 0.67x | 1.81x | $-123.48 Million |
| 2016 | -3.61% | -3.10% | 0.63x | 1.86x | $-100.05 Million |
| 2017 | -16.20% | -12.42% | 0.65x | 2.00x | $-183.68 Million |
| 2018 | 64.71% | 125.98% | 0.34x | 1.53x | $986.55 Million |
| 2019 | -5.70% | -11.89% | 0.31x | 1.56x | $-265.18 Million |
| 2020 | 3.72% | 8.44% | 0.28x | 1.57x | $-116.44 Million |
| 2021 | 2.27% | 5.01% | 0.23x | 1.95x | $-149.94 Million |
| 2022 | -12.99% | -33.95% | 0.20x | 1.95x | $-377.74 Million |
| 2023 | -11.86% | -45.22% | 0.12x | 2.11x | $-317.27 Million |
| 2024 | -28.94% | -101.22% | 0.12x | 2.36x | $-433.47 Million |
Industry Comparison
This section compares World Houseware (Holdings) Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $287,437,890
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Houseware (Holdings) Limited (WHWRF) | $1.06 Billion | 5.61% | 1.36x | $18.75 Million |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.36 Billion |
| AC Partners Inc (ACPS) | $705.96K | -5.90% | 0.29x | $4.89K |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.44 Billion | 16.90% | 0.16x | $2.07 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $91.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $19.81 Million | 35.10% | 0.81x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $406.19 Million | 16.09% | 0.62x | $694.45 Million |
| Alpha Pro Tech Ltd (APT) | $7.10 Million | 15.49% | 0.41x | $38.91 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $253.70 Million |