Kung Long Batteries Industrial Co Ltd
Kung Long Batteries Industrial Co.,Ltd, together with its subsidiaries, manufactures and sells lead-acid batteries in Taiwan, Vietnam, Oceania, Asia, Europe, the Middle East, Africa, North America, and South America. The company offers valve-regulated lead-acid, lithium, and home and industrial storage batteries, as well as plastic products. Its products are used in various applications, includin… Read more
Kung Long Batteries Industrial Co Ltd (1537) - Net Assets
Latest net assets as of September 2025: NT$4.13 Billion TWD
Based on the latest financial reports, Kung Long Batteries Industrial Co Ltd (1537) has net assets worth NT$4.13 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$5.66 Billion) and total liabilities (NT$1.53 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$4.13 Billion |
| % of Total Assets | 72.99% |
| Annual Growth Rate | 6.7% |
| 5-Year Change | 18.34% |
| 10-Year Change | 37.82% |
| Growth Volatility | 10.15 |
Kung Long Batteries Industrial Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Kung Long Batteries 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 Kung Long Batteries Industrial Co Ltd (2002–2024)
The table below shows the annual net assets of Kung Long Batteries Industrial Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.72 Billion | +13.94% |
| 2023-12-31 | NT$4.14 Billion | -4.61% |
| 2022-12-31 | NT$4.34 Billion | +14.73% |
| 2021-12-31 | NT$3.79 Billion | -5.09% |
| 2020-12-31 | NT$3.99 Billion | -1.71% |
| 2019-12-31 | NT$4.06 Billion | +3.65% |
| 2018-12-31 | NT$3.92 Billion | +8.00% |
| 2017-12-31 | NT$3.63 Billion | -1.83% |
| 2016-12-31 | NT$3.69 Billion | +7.82% |
| 2015-12-31 | NT$3.43 Billion | +10.57% |
| 2014-12-31 | NT$3.10 Billion | +12.35% |
| 2013-12-31 | NT$2.76 Billion | +10.13% |
| 2012-12-31 | NT$2.50 Billion | +16.10% |
| 2011-12-31 | NT$2.16 Billion | +3.81% |
| 2010-12-31 | NT$2.08 Billion | +16.52% |
| 2009-12-31 | NT$1.78 Billion | +37.01% |
| 2008-12-31 | NT$1.30 Billion | -1.82% |
| 2007-12-31 | NT$1.33 Billion | +19.43% |
| 2006-12-31 | NT$1.11 Billion | +4.60% |
| 2005-12-31 | NT$1.06 Billion | +2.81% |
| 2004-12-31 | NT$1.03 Billion | -9.89% |
| 2003-12-31 | NT$1.15 Billion | +1.03% |
| 2002-12-31 | NT$1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kung Long Batteries 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 654.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.78 Billion | 37.80% |
| Common Stock | NT$820.63 Million | 17.38% |
| Other Components | NT$2.12 Billion | 44.82% |
| Total Equity | NT$4.72 Billion | 100.00% |
Kung Long Batteries Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Kung Long Batteries Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citic Press Corp
SHE:300788
|
$225.14 Million |
|
Zhejiang Yangfan New Materials Co Ltd
SHE:300637
|
$225.18 Million |
|
NIPPON DENKO CO.LTD
F:NJ5
|
$225.19 Million |
|
SK Chemicals Co Ltd Pref
KO:28513K
|
$225.23 Million |
|
Song Chuan Precision Co., Ltd.
TW:7788
|
$225.01 Million |
|
Haitian Water Group Co.Ltd
SHG:603759
|
$225.00 Million |
|
V-Mart Retail Limited
NSE:VMART
|
$224.87 Million |
|
TCM Biotech International Corp.
TWO:4169
|
$224.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kung Long Batteries Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,144,376,000 to 4,722,071,000, a change of 577,695,000 (13.9%).
- Net income of 963,328,000 contributed positively to equity growth.
- Dividend payments of 574,001,000 reduced retained earnings.
- Share repurchases of 20,000 reduced equity.
- Other comprehensive income decreased equity by 1,191,517,000.
- Other factors increased equity by 1,379,905,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$963.33 Million | +20.4% |
| Dividends Paid | NT$574.00 Million | -12.16% |
| Share Repurchases | NT$20.00K | -0.0% |
| Other Comprehensive Income | NT$-1.19 Billion | -25.23% |
| Other Changes | NT$1.38 Billion | +29.22% |
| Total Change | NT$- | 13.94% |
Book Value vs Market Value Analysis
This analysis compares Kung Long Batteries 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.40x to 2.17x 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$16.82 | NT$124.50 | x |
| 2007-12-31 | NT$19.80 | NT$124.50 | x |
| 2008-12-31 | NT$18.85 | NT$124.50 | x |
| 2009-12-31 | NT$21.34 | NT$124.50 | x |
| 2010-12-31 | NT$24.90 | NT$124.50 | x |
| 2011-12-31 | NT$25.76 | NT$124.50 | x |
| 2012-12-31 | NT$29.86 | NT$124.50 | x |
| 2013-12-31 | NT$33.02 | NT$124.50 | x |
| 2014-12-31 | NT$37.02 | NT$124.50 | x |
| 2015-12-31 | NT$40.73 | NT$124.50 | x |
| 2016-12-31 | NT$43.96 | NT$124.50 | x |
| 2017-12-31 | NT$44.20 | NT$124.50 | x |
| 2018-12-31 | NT$47.69 | NT$124.50 | x |
| 2019-12-31 | NT$49.43 | NT$124.50 | x |
| 2020-12-31 | NT$48.57 | NT$124.50 | x |
| 2021-12-31 | NT$46.00 | NT$124.50 | x |
| 2022-12-31 | NT$52.84 | NT$124.50 | x |
| 2023-12-31 | NT$50.38 | NT$124.50 | x |
| 2024-12-31 | NT$57.30 | NT$124.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kung Long Batteries 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): 20.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.84%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.34x
- Recent ROE (20.40%) is above the historical average (17.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 15.15% | 12.15% | 0.87x | 1.44x | NT$58.36 Million |
| 2003 | 10.32% | 9.73% | 0.77x | 1.37x | NT$3.66 Million |
| 2004 | 2.38% | 1.74% | 1.05x | 1.31x | NT$-78.67 Million |
| 2005 | 2.63% | 1.96% | 1.04x | 1.29x | NT$-78.21 Million |
| 2006 | 8.00% | 4.81% | 1.12x | 1.48x | NT$-22.18 Million |
| 2007 | 16.85% | 7.35% | 0.89x | 2.59x | NT$90.76 Million |
| 2008 | 2.63% | 0.87% | 1.33x | 2.27x | NT$-92.84 Million |
| 2009 | 19.79% | 9.03% | 1.13x | 1.95x | NT$170.73 Million |
| 2010 | 25.15% | 11.67% | 1.39x | 1.55x | NT$309.17 Million |
| 2011 | 14.92% | 6.52% | 1.55x | 1.48x | NT$103.89 Million |
| 2012 | 25.21% | 10.47% | 1.65x | 1.45x | NT$372.94 Million |
| 2013 | 21.20% | 10.06% | 1.43x | 1.47x | NT$302.62 Million |
| 2014 | 21.73% | 9.75% | 1.59x | 1.40x | NT$356.18 Million |
| 2015 | 23.00% | 11.07% | 1.51x | 1.38x | NT$434.51 Million |
| 2016 | 25.60% | 13.14% | 1.38x | 1.41x | NT$562.50 Million |
| 2017 | 24.85% | 11.60% | 1.48x | 1.45x | NT$538.69 Million |
| 2018 | 25.10% | 11.58% | 1.46x | 1.48x | NT$591.33 Million |
| 2019 | 24.81% | 12.69% | 1.46x | 1.34x | NT$601.10 Million |
| 2020 | 22.03% | 12.35% | 1.31x | 1.36x | NT$480.19 Million |
| 2021 | 16.37% | 10.69% | 1.10x | 1.39x | NT$241.35 Million |
| 2022 | 20.29% | 12.05% | 1.25x | 1.35x | NT$447.09 Million |
| 2023 | 14.70% | 9.49% | 1.14x | 1.36x | NT$194.66 Million |
| 2024 | 20.40% | 11.84% | 1.29x | 1.34x | NT$491.12 Million |
Industry Comparison
This section compares Kung Long Batteries Industrial Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,923,879,667
- Average return on equity (ROE) among peers: 5.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kung Long Batteries Industrial Co Ltd (1537) | NT$4.13 Billion | 15.15% | 0.37x | $225.04 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.75 Billion | 6.19% | 1.12x | $1.67 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $733.97 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $3.52 Billion |
| Klingon Aerospace Inc (1529) | $866.34 Million | 0.60% | 0.90x | $91.79 Million |
| Chieftek Precision Co Ltd (1597) | $2.39 Billion | 3.92% | 0.74x | $140.71 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.99 Billion | 7.30% | 0.54x | $104.41 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.45 Billion | 0.38% | 1.38x | $704.53 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $5.94 Billion | 13.21% | 0.25x | $213.60 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.33 Billion | 11.87% | 0.76x | $98.71 Million |