Kwong Fong Industries Corp
Kwong Fong Industries Corporation, together with its subsidiaries, engages in the information software service and real estate businesses in Taiwan. The company constructs commercial buildings and residential houses; operates and leases office buildings, retail spaces, and homes; and manages malls and properties. It also provides electronic information supply, asset management, investment, touris… Read more
Kwong Fong Industries Corp (1416) - Net Assets
Latest net assets as of September 2025: NT$4.26 Billion TWD
Based on the latest financial reports, Kwong Fong Industries Corp (1416) has net assets worth NT$4.26 Billion 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$5.82 Billion) and total liabilities (NT$1.56 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 | NT$4.26 Billion |
| % of Total Assets | 73.21% |
| Annual Growth Rate | -0.32% |
| 5-Year Change | 20.48% |
| 10-Year Change | -13.85% |
| Growth Volatility | 11.63 |
Kwong Fong Industries Corp - Net Assets Trend (2002–2024)
This chart illustrates how Kwong Fong Industries Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kwong Fong Industries Corp (2002–2024)
The table below shows the annual net assets of Kwong Fong Industries Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.36 Billion | +22.32% |
| 2023-12-31 | NT$3.56 Billion | -3.09% |
| 2022-12-31 | NT$3.68 Billion | +5.68% |
| 2021-12-31 | NT$3.48 Billion | -3.82% |
| 2020-12-31 | NT$3.62 Billion | -7.43% |
| 2019-12-31 | NT$3.91 Billion | -7.97% |
| 2018-12-31 | NT$4.25 Billion | +0.54% |
| 2017-12-31 | NT$4.22 Billion | -16.00% |
| 2016-12-31 | NT$5.03 Billion | -0.61% |
| 2015-12-31 | NT$5.06 Billion | -6.35% |
| 2014-12-31 | NT$5.40 Billion | -0.90% |
| 2013-12-31 | NT$5.45 Billion | -15.79% |
| 2012-12-31 | NT$6.47 Billion | +21.73% |
| 2011-12-31 | NT$5.32 Billion | +2.72% |
| 2010-12-31 | NT$5.18 Billion | +2.81% |
| 2009-12-31 | NT$5.04 Billion | +0.59% |
| 2008-12-31 | NT$5.01 Billion | +2.47% |
| 2007-12-31 | NT$4.89 Billion | +2.59% |
| 2006-12-31 | NT$4.76 Billion | -22.74% |
| 2005-12-31 | NT$6.16 Billion | +26.48% |
| 2004-12-31 | NT$4.87 Billion | -1.71% |
| 2003-12-31 | NT$4.96 Billion | +6.04% |
| 2002-12-31 | NT$4.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kwong Fong Industries Corp'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 98313900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$983.14 Million | 22.96% |
| Common Stock | NT$1.85 Billion | 43.29% |
| Other Comprehensive Income | NT$1.41 Billion | 33.02% |
| Other Components | NT$30.86 Million | 0.72% |
| Total Equity | NT$4.28 Billion | 100.00% |
Kwong Fong Industries Corp Competitors by Market Cap
The table below lists competitors of Kwong Fong Industries Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zeuus Inc
PINK:ZUUS
|
$51.52 Million |
|
Hancom MDS Inc
KQ:086960
|
$51.53 Million |
|
CAICA Inc
MU:RZC
|
$51.54 Million |
|
Kawan Food Bhd
KLSE:7216
|
$51.54 Million |
|
Everland Investment JSC
VN:EVG
|
$51.51 Million |
|
Qnb Finansbank AS
IS:QNBTR
|
$51.51 Million |
|
Century Next Financial Corporation
OTCQX:CTUY
|
$51.49 Million |
|
Billion Electric Co Ltd
TW:3027
|
$51.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kwong Fong Industries Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,494,354,000 to 4,281,150,000, a change of 786,796,000 (22.5%).
- Net income of 146,930,000 contributed positively to equity growth.
- Dividend payments of 92,671,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,248,253,000.
- Other factors decreased equity by 515,716,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$146.93 Million | +3.43% |
| Dividends Paid | NT$92.67 Million | -2.16% |
| Other Comprehensive Income | NT$1.25 Billion | +29.16% |
| Other Changes | NT$-515.72 Million | -12.05% |
| Total Change | NT$- | 22.52% |
Book Value vs Market Value Analysis
This analysis compares Kwong Fong Industries Corp'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: 0.51x
- 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 |
|---|---|---|---|
| 2009-12-31 | NT$25.14 | NT$11.70 | x |
| 2010-12-31 | NT$25.85 | NT$11.70 | x |
| 2011-12-31 | NT$26.55 | NT$11.70 | x |
| 2012-12-31 | NT$25.70 | NT$11.70 | x |
| 2013-12-31 | NT$23.42 | NT$11.70 | x |
| 2014-12-31 | NT$23.82 | NT$11.70 | x |
| 2015-12-31 | NT$18.33 | NT$11.70 | x |
| 2016-12-31 | NT$20.49 | NT$11.70 | x |
| 2017-12-31 | NT$21.21 | NT$11.70 | x |
| 2018-12-31 | NT$22.87 | NT$11.70 | x |
| 2019-12-31 | NT$21.09 | NT$11.70 | x |
| 2020-12-31 | NT$19.13 | NT$11.70 | x |
| 2021-12-31 | NT$18.38 | NT$11.70 | x |
| 2022-12-31 | NT$19.47 | NT$11.70 | x |
| 2023-12-31 | NT$18.85 | NT$11.70 | x |
| 2024-12-31 | NT$23.09 | NT$11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kwong Fong Industries Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.06%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.34x
- Recent ROE (3.43%) is below the historical average (4.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 1.64% | 17.13% | 0.06x | 1.60x | NT$-397.87 Million |
| 2007 | 0.63% | 8.16% | 0.05x | 1.58x | NT$-457.63 Million |
| 2009 | 1.04% | 12.96% | 0.05x | 1.52x | NT$-451.05 Million |
| 2010 | 4.34% | 30.51% | 0.10x | 1.46x | NT$-293.15 Million |
| 2011 | 4.52% | 30.01% | 0.10x | 1.45x | NT$-291.56 Million |
| 2012 | 17.21% | 60.08% | 0.22x | 1.32x | NT$464.81 Million |
| 2013 | 1.15% | 18.92% | 0.04x | 1.73x | NT$-480.49 Million |
| 2014 | 9.01% | 41.78% | 0.11x | 2.03x | NT$-53.12 Million |
| 2015 | -0.71% | -2.61% | 0.11x | 2.37x | NT$-539.70 Million |
| 2016 | 22.66% | 30.96% | 0.34x | 2.12x | NT$634.39 Million |
| 2017 | 5.29% | 9.94% | 0.26x | 2.04x | NT$-199.14 Million |
| 2018 | 5.89% | 92.27% | 0.04x | 1.80x | NT$-174.59 Million |
| 2019 | -3.42% | -51.65% | 0.04x | 1.83x | NT$-524.53 Million |
| 2020 | -8.17% | -1421.25% | 0.00x | 2.03x | NT$-644.00 Million |
| 2021 | 2.40% | 34.55% | 0.06x | 1.14x | NT$-258.82 Million |
| 2022 | 2.62% | 37.88% | 0.06x | 1.24x | NT$-266.61 Million |
| 2023 | 2.72% | 32.14% | 0.06x | 1.31x | NT$-254.33 Million |
| 2024 | 3.43% | 44.06% | 0.06x | 1.34x | NT$-281.19 Million |
Industry Comparison
This section compares Kwong Fong Industries Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,830,799,222
- Average return on equity (ROE) among peers: 11.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kwong Fong Industries Corp (1416) | NT$4.26 Billion | 1.64% | 0.37x | $51.52 Million |
| Syscom Computer Engineering Co (2453) | $1.66 Billion | 4.41% | 0.94x | $99.66 Million |
| Fortune Information Systems Corp (2468) | $1.20 Billion | 5.30% | 0.80x | $42.41 Million |
| Jetwell Computer Co Ltd (3147) | $1.27 Billion | 22.59% | 1.36x | $118.85 Million |
| Wistron Information Technology & Services (4953) | $2.80 Billion | 19.80% | 0.63x | $177.78 Million |
| Sysage Technology Co Ltd (6112) | $2.24 Billion | 12.66% | 1.60x | $121.74 Million |
| Systex Corp (6214) | $13.81 Billion | 8.79% | 0.92x | $521.95 Million |
| Genesis Technology (6221) | $740.28 Million | 9.23% | 1.57x | $62.73 Million |
| International Integrated Systems, Inc. (6614) | $1.21 Billion | 10.21% | 2.16x | $34.40 Million |
| Information Technology Total Services Co. Ltd (6697) | $547.69 Million | 13.23% | 0.55x | $15.23 Million |