Makalot Industrial Co Ltd
Makalot Industrial Co., Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of garments for men and women in the American region and internationally. It operates through Selling and Manufacturing of Garments and Other segments. The company offers fashion clothing; sportswear; sleepwear, including trousers and shorts; and t-shirts, dresses, shirts, pajamas, underwear… Read more
Makalot Industrial Co Ltd (1477) - Net Assets
Latest net assets as of September 2025: NT$13.11 Billion TWD
Based on the latest financial reports, Makalot Industrial Co Ltd (1477) has net assets worth NT$13.11 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$22.04 Billion) and total liabilities (NT$8.93 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$13.11 Billion |
| % of Total Assets | 59.5% |
| Annual Growth Rate | 11.01% |
| 5-Year Change | 45.3% |
| 10-Year Change | 62.08% |
| Growth Volatility | 14.53 |
Makalot Industrial Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Makalot Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Makalot Industrial Co Ltd (2002–2024)
The table below shows the annual net assets of Makalot Industrial Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.77 Billion | -7.27% |
| 2023-12-31 | NT$15.93 Billion | +3.12% |
| 2022-12-31 | NT$15.45 Billion | +11.96% |
| 2021-12-31 | NT$13.80 Billion | +35.73% |
| 2020-12-31 | NT$10.16 Billion | +10.51% |
| 2019-12-31 | NT$9.20 Billion | +3.57% |
| 2018-12-31 | NT$8.88 Billion | +4.43% |
| 2017-12-31 | NT$8.50 Billion | -2.56% |
| 2016-12-31 | NT$8.73 Billion | -4.22% |
| 2015-12-31 | NT$9.11 Billion | +10.81% |
| 2014-12-31 | NT$8.22 Billion | +54.28% |
| 2013-12-31 | NT$5.33 Billion | +13.97% |
| 2012-12-31 | NT$4.68 Billion | +5.89% |
| 2011-12-31 | NT$4.42 Billion | +16.40% |
| 2010-12-31 | NT$3.79 Billion | +5.08% |
| 2009-12-31 | NT$3.61 Billion | +22.35% |
| 2008-12-31 | NT$2.95 Billion | -13.03% |
| 2007-12-31 | NT$3.39 Billion | +20.25% |
| 2006-12-31 | NT$2.82 Billion | +29.11% |
| 2005-12-31 | NT$2.19 Billion | +12.94% |
| 2004-12-31 | NT$1.94 Billion | +11.09% |
| 2003-12-31 | NT$1.74 Billion | +17.54% |
| 2002-12-31 | NT$1.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Makalot Industrial Co Ltd'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 617.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.89 Billion | 19.74% |
| Common Stock | NT$2.47 Billion | 16.85% |
| Other Comprehensive Income | NT$3.19 Billion | 21.81% |
| Other Components | NT$6.09 Billion | 41.61% |
| Total Equity | NT$14.64 Billion | 100.00% |
Makalot Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Makalot Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JD SPORTS FASH. LS -0005
F:9JD
|
$1.92 Billion |
|
Ecopro Co. Ltd
KQ:086520
|
$1.92 Billion |
|
Droneshield Ltd
AU:DRO
|
$1.92 Billion |
|
Hisense Electric Co Ltd
SHG:600060
|
$1.92 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
$1.92 Billion |
|
Sinch AB (publ)
OTCGREY:CLCMF
|
$1.92 Billion |
|
Organización Soriana S. A. B. de C. V
MX:SORIANAB
|
$1.92 Billion |
|
Wuxi Taiji Industry Co Ltd
SHG:600667
|
$1.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Makalot Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,819,282,000 to 14,643,567,000, a change of -1,175,715,000 (-7.4%).
- Net income of 4,114,920,000 contributed positively to equity growth.
- Dividend payments of 5,659,444,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,309,460,001.
- Other factors increased equity by 1,678,269,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$4.11 Billion | +28.1% |
| Dividends Paid | NT$5.66 Billion | -38.65% |
| Other Comprehensive Income | NT$-1.31 Billion | -8.94% |
| Other Changes | NT$1.68 Billion | +11.46% |
| Total Change | NT$- | -7.43% |
Book Value vs Market Value Analysis
This analysis compares Makalot Industrial Co Ltd'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: 4.86x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.23x to 4.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$15.74 | NT$287.00 | x |
| 2007-12-31 | NT$18.82 | NT$287.00 | x |
| 2008-12-31 | NT$15.90 | NT$287.00 | x |
| 2009-12-31 | NT$19.05 | NT$287.00 | x |
| 2010-12-31 | NT$19.21 | NT$287.00 | x |
| 2011-12-31 | NT$22.26 | NT$287.00 | x |
| 2012-12-31 | NT$23.14 | NT$287.00 | x |
| 2013-12-31 | NT$26.21 | NT$287.00 | x |
| 2014-12-31 | NT$40.06 | NT$287.00 | x |
| 2015-12-31 | NT$41.55 | NT$287.00 | x |
| 2016-12-31 | NT$38.05 | NT$287.00 | x |
| 2017-12-31 | NT$37.18 | NT$287.00 | x |
| 2018-12-31 | NT$40.78 | NT$287.00 | x |
| 2019-12-31 | NT$40.26 | NT$287.00 | x |
| 2020-12-31 | NT$44.60 | NT$287.00 | x |
| 2021-12-31 | NT$57.59 | NT$287.00 | x |
| 2022-12-31 | NT$63.16 | NT$287.00 | x |
| 2023-12-31 | NT$63.85 | NT$287.00 | x |
| 2024-12-31 | NT$59.10 | NT$287.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Makalot Industrial Co Ltd 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): 28.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.58%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 1.58x
- Recent ROE (28.10%) is above the historical average (24.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 50.37% | 12.35% | 2.26x | 1.81x | NT$598.33 Million |
| 2003 | 30.73% | 6.46% | 2.58x | 1.85x | NT$361.23 Million |
| 2004 | 30.04% | 6.79% | 2.35x | 1.89x | NT$387.93 Million |
| 2005 | 26.87% | 5.65% | 2.39x | 1.99x | NT$367.89 Million |
| 2006 | 29.14% | 6.54% | 2.46x | 1.81x | NT$539.15 Million |
| 2007 | 32.58% | 7.43% | 2.53x | 1.73x | NT$764.86 Million |
| 2008 | 9.85% | 2.20% | 2.84x | 1.58x | NT$-4.38 Million |
| 2009 | 24.43% | 6.62% | 2.10x | 1.76x | NT$520.34 Million |
| 2010 | 24.22% | 6.49% | 2.22x | 1.68x | NT$539.05 Million |
| 2011 | 25.18% | 7.34% | 2.01x | 1.70x | NT$669.64 Million |
| 2012 | 25.19% | 7.41% | 1.94x | 1.75x | NT$708.75 Million |
| 2013 | 25.31% | 7.49% | 1.77x | 1.91x | NT$811.07 Million |
| 2014 | 20.78% | 8.16% | 1.74x | 1.46x | NT$884.52 Million |
| 2015 | 23.85% | 9.24% | 1.72x | 1.50x | NT$1.25 Billion |
| 2016 | 17.73% | 6.88% | 1.68x | 1.53x | NT$663.72 Million |
| 2017 | 15.31% | 5.75% | 1.78x | 1.50x | NT$446.25 Million |
| 2018 | 17.19% | 6.30% | 1.75x | 1.56x | NT$630.22 Million |
| 2019 | 20.94% | 7.04% | 1.83x | 1.62x | NT$995.01 Million |
| 2020 | 20.39% | 8.25% | 1.34x | 1.85x | NT$1.05 Billion |
| 2021 | 19.36% | 9.18% | 1.30x | 1.62x | NT$1.28 Billion |
| 2022 | 22.89% | 10.95% | 1.31x | 1.59x | NT$1.98 Billion |
| 2023 | 25.23% | 12.30% | 1.30x | 1.57x | NT$2.41 Billion |
| 2024 | 28.10% | 11.58% | 1.53x | 1.58x | NT$2.65 Billion |
Industry Comparison
This section compares Makalot Industrial Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $2,749,069,000
- Average return on equity (ROE) among peers: 7.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Makalot Industrial Co Ltd (1477) | NT$13.11 Billion | 50.37% | 0.68x | $1.92 Billion |
| Tah Hsin Industrial Corp (1315) | $3.84 Billion | 6.99% | 0.54x | $112.20 Million |
| Tex-Ray Industrial Co Ltd (1467) | $1.78 Billion | 0.00% | 1.86x | $23.42 Million |
| Tainan Enterprises Co Ltd (1473) | $4.19 Billion | 5.35% | 0.64x | $52.82 Million |
| Eclat Textile Co Ltd (1476) | $8.12 Billion | 33.73% | 0.55x | $1.58 Billion |
| Munsin Garment (2916) | $915.83 Million | 9.10% | 0.38x | $43.53 Million |
| Cayman Tung Ling Co Ltd (2924) | $644.14 Million | -15.03% | 0.69x | $8.00 Million |
| TOPBI International Holdings Ltd (2929) | $3.53 Billion | 23.72% | 0.58x | $18.49 Million |
| Est Global Apparel Co.Ltd (4413) | $294.23 Million | 2.11% | 0.41x | $11.04 Million |
| Roo Hsing Co Ltd (4414) | $1.44 Billion | 0.00% | 1.49x | $65.02 Million |