Oceanic Beverages Co Inc
Oceanic Beverages Co., Inc. manufactures, distributes, and retails soft drinks and beverages in Taiwan and internationally. It offers apple cider, soda, tea, juices, lactic acid drinks, and distilled water. The company was founded in 1954 and is based in Taoyuan City, Taiwan.
Oceanic Beverages Co Inc (1213) - Net Assets
Latest net assets as of September 2025: NT$663.76 Million TWD
Based on the latest financial reports, Oceanic Beverages Co Inc (1213) has net assets worth NT$663.76 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$790.01 Million) and total liabilities (NT$126.25 Million). 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 | NT$663.76 Million |
| % of Total Assets | 84.02% |
| Annual Growth Rate | 1.07% |
| 5-Year Change | 34.37% |
| 10-Year Change | 6.14% |
| Growth Volatility | 47.0 |
Oceanic Beverages Co Inc - Net Assets Trend (2002–2024)
This chart illustrates how Oceanic Beverages Co Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oceanic Beverages Co Inc (2002–2024)
The table below shows the annual net assets of Oceanic Beverages Co Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$720.44 Million | +217.09% |
| 2023-12-31 | NT$227.21 Million | -37.90% |
| 2022-12-31 | NT$365.89 Million | -17.17% |
| 2021-12-31 | NT$441.71 Million | -17.61% |
| 2020-12-31 | NT$536.15 Million | -4.84% |
| 2019-12-31 | NT$563.41 Million | -11.09% |
| 2018-12-31 | NT$633.65 Million | -8.96% |
| 2017-12-31 | NT$696.03 Million | +0.29% |
| 2016-12-31 | NT$694.04 Million | +2.25% |
| 2015-12-31 | NT$678.78 Million | +2.49% |
| 2014-12-31 | NT$662.27 Million | +1.77% |
| 2013-12-31 | NT$650.75 Million | +2.45% |
| 2012-12-31 | NT$635.21 Million | +1.77% |
| 2011-12-31 | NT$624.17 Million | +7.09% |
| 2010-12-31 | NT$582.87 Million | -2.38% |
| 2009-12-31 | NT$597.08 Million | +2.07% |
| 2008-12-31 | NT$584.98 Million | +0.83% |
| 2007-12-31 | NT$580.18 Million | +0.83% |
| 2006-12-31 | NT$575.39 Million | -0.55% |
| 2005-12-31 | NT$578.59 Million | +0.34% |
| 2004-12-31 | NT$576.65 Million | +0.87% |
| 2003-12-31 | NT$571.68 Million | +0.39% |
| 2002-12-31 | NT$569.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oceanic Beverages Co Inc'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 67.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$113.02 Million | 15.69% |
| Common Stock | NT$566.23 Million | 78.59% |
| Other Comprehensive Income | NT$19.25 Million | 2.67% |
| Other Components | NT$21.94 Million | 3.05% |
| Total Equity | NT$720.44 Million | 100.00% |
Oceanic Beverages Co Inc Competitors by Market Cap
The table below lists competitors of Oceanic Beverages Co Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Summit Networks Inc
PINK:SNTW
|
$3.90 Million |
|
Portage Biotech Inc
NASDAQ:PRTG
|
$3.90 Million |
|
Golden Lime PCL
BK:SUTHA
|
$3.90 Million |
|
CPanel PCL
BK:CPANEL
|
$3.90 Million |
|
Intelicare Holdings Ltd
AU:ICR
|
$3.90 Million |
|
URZ3 Energy Corp.
OTCQB:URZEF
|
$3.90 Million |
|
Matador Technologies Inc.
V:MATA
|
$3.89 Million |
|
SOUTH.SECS INTL SECS
F:TJV
|
$3.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oceanic Beverages Co Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 227,206,000 to 720,438,000, a change of 493,232,000 (217.1%).
- Net income of 493,229,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 35,882,000.
- Other factors increased equity by 35,885,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$493.23 Million | +68.46% |
| Other Comprehensive Income | NT$-35.88 Million | -4.98% |
| Other Changes | NT$35.88 Million | +4.98% |
| Total Change | NT$- | 217.09% |
Book Value vs Market Value Analysis
This analysis compares Oceanic Beverages Co Inc'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: 0.79x
- 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.
- The price-to-book ratio has decreased from 0.95x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$10.54 | NT$10.00 | x |
| 2010-12-31 | NT$10.29 | NT$10.00 | x |
| 2011-12-31 | NT$11.02 | NT$10.00 | x |
| 2012-12-31 | NT$11.22 | NT$10.00 | x |
| 2013-12-31 | NT$11.49 | NT$10.00 | x |
| 2014-12-31 | NT$11.70 | NT$10.00 | x |
| 2015-12-31 | NT$11.99 | NT$10.00 | x |
| 2016-12-31 | NT$12.26 | NT$10.00 | x |
| 2017-12-31 | NT$12.29 | NT$10.00 | x |
| 2018-12-31 | NT$11.19 | NT$10.00 | x |
| 2019-12-31 | NT$9.95 | NT$10.00 | x |
| 2020-12-31 | NT$9.47 | NT$10.00 | x |
| 2021-12-31 | NT$7.80 | NT$10.00 | x |
| 2022-12-31 | NT$6.46 | NT$10.00 | x |
| 2023-12-31 | NT$4.01 | NT$10.00 | x |
| 2024-12-31 | NT$12.70 | NT$10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oceanic Beverages Co Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 68.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 258.85%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.10x
- Recent ROE (68.46%) is above the historical average (-1.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.53% | 0.49% | 0.91x | 1.18x | NT$-53.91 Million |
| 2003 | 0.40% | 0.36% | 0.95x | 1.20x | NT$-54.86 Million |
| 2004 | 0.87% | 0.76% | 0.94x | 1.21x | NT$-52.65 Million |
| 2005 | 0.37% | 0.30% | 1.00x | 1.26x | NT$-55.70 Million |
| 2007 | 0.96% | 0.86% | 0.84x | 1.33x | NT$-52.46 Million |
| 2008 | 0.99% | 0.94% | 0.81x | 1.30x | NT$-52.71 Million |
| 2009 | 2.00% | 1.76% | 0.92x | 1.24x | NT$-47.78 Million |
| 2010 | -2.47% | -2.09% | 0.95x | 1.24x | NT$-72.70 Million |
| 2011 | 0.37% | 0.33% | 0.89x | 1.28x | NT$-60.10 Million |
| 2012 | 1.80% | 1.58% | 0.91x | 1.25x | NT$-52.08 Million |
| 2013 | 2.53% | 2.28% | 0.89x | 1.24x | NT$-48.64 Million |
| 2014 | 1.74% | 1.64% | 0.87x | 1.22x | NT$-54.72 Million |
| 2015 | 2.43% | 2.24% | 0.87x | 1.24x | NT$-51.37 Million |
| 2016 | 2.19% | 2.26% | 0.79x | 1.23x | NT$-54.24 Million |
| 2017 | 0.29% | 0.31% | 0.75x | 1.24x | NT$-67.62 Million |
| 2018 | -9.85% | -10.50% | 0.43x | 2.16x | NT$-125.76 Million |
| 2019 | -7.65% | -9.90% | 0.34x | 2.25x | NT$-99.43 Million |
| 2020 | -5.08% | -6.65% | 0.33x | 2.34x | NT$-80.87 Million |
| 2021 | -21.38% | -22.04% | 0.38x | 2.54x | NT$-138.61 Million |
| 2022 | -20.72% | -19.39% | 0.37x | 2.89x | NT$-112.40 Million |
| 2023 | -61.04% | -114.90% | 0.15x | 3.61x | NT$-161.41 Million |
| 2024 | 68.46% | 258.85% | 0.24x | 1.10x | NT$421.19 Million |
Industry Comparison
This section compares Oceanic Beverages Co Inc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $3,974,997,667
- Average return on equity (ROE) among peers: 16.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oceanic Beverages Co Inc (1213) | NT$663.76 Million | 0.53% | 0.19x | $3.90 Million |
| Hey-Song Corp (1234) | $7.85 Billion | 4.31% | 0.65x | $299.17 Million |
| Sunjuice Holdings Co Ltd (1256) | $2.06 Billion | 26.63% | 0.53x | $62.86 Million |
| La Kaffa International Co Ltd (2732) | $2.02 Billion | 18.86% | 1.00x | $40.78 Million |