Dyaco International Inc
Dyaco International Inc. manufactures, imports, exports, and sells fitness and physical therapy equipment worldwide. It offers fitness equipment for the commercial, medical, rehab, and home use. The company sells its products under the Cikada, Spirit, Xterra, SOLE Fitness, Johnny G, Dyaco Medical, and UFC brands. Dyaco International Inc. was founded in 1990 and is headquartered in Taipei City, Ta… Read more
Dyaco International Inc (1598) - Net Assets
Latest net assets as of September 2025: NT$4.85 Billion TWD
Based on the latest financial reports, Dyaco International Inc (1598) has net assets worth NT$4.85 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$10.38 Billion) and total liabilities (NT$5.53 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$4.85 Billion |
| % of Total Assets | 46.72% |
| Annual Growth Rate | 16.29% |
| 5-Year Change | 1.68% |
| 10-Year Change | 218.66% |
| Growth Volatility | 31.03 |
Dyaco International Inc - Net Assets Trend (2009–2024)
This chart illustrates how Dyaco International 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 Dyaco International Inc (2009–2024)
The table below shows the annual net assets of Dyaco International Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.95 Billion | +3.77% |
| 2023-12-31 | NT$4.77 Billion | +17.41% |
| 2022-12-31 | NT$4.06 Billion | -6.99% |
| 2021-12-31 | NT$4.37 Billion | -10.28% |
| 2020-12-31 | NT$4.87 Billion | +116.99% |
| 2019-12-31 | NT$2.24 Billion | +7.98% |
| 2018-12-31 | NT$2.08 Billion | -3.14% |
| 2017-12-31 | NT$2.15 Billion | -3.86% |
| 2016-12-31 | NT$2.23 Billion | +43.65% |
| 2015-12-31 | NT$1.55 Billion | +32.91% |
| 2014-12-31 | NT$1.17 Billion | +32.12% |
| 2013-12-31 | NT$884.94 Million | -1.46% |
| 2012-12-31 | NT$898.02 Million | +2.42% |
| 2011-12-31 | NT$876.79 Million | +28.51% |
| 2010-12-31 | NT$682.27 Million | +32.63% |
| 2009-12-31 | NT$514.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dyaco International 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 1846.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$628.32 Million | 13.81% |
| Other Components | NT$3.92 Billion | 86.19% |
| Total Equity | NT$4.55 Billion | 100.00% |
Dyaco International Inc Competitors by Market Cap
The table below lists competitors of Dyaco International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manyo Factory Co. Ltd
KQ:439090
|
$63.37 Million |
|
WM Technology Inc
NASDAQ:MAPS
|
$63.37 Million |
|
Seres Therapeutics Inc
NASDAQ:MCRB
|
$63.38 Million |
|
KAISER REEF LTD.
F:7YR
|
$63.40 Million |
|
Amex Exploration Inc
OTCQX:AMXEF
|
$63.32 Million |
|
Digia Oyj
HE:DIGIA
|
$63.31 Million |
|
Digi Power X Inc.
NASDAQ:DGXX
|
$63.31 Million |
|
Macroblock
TWO:3527
|
$63.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dyaco International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,374,094,000 to 4,548,961,000, a change of 174,867,000 (4.0%).
- Net income of 71,952,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 125,683,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$71.95 Million | +1.58% |
| Other Comprehensive Income | NT$125.68 Million | +2.76% |
| Other Changes | NT$-22.77 Million | -0.5% |
| Total Change | NT$- | 4.00% |
Book Value vs Market Value Analysis
This analysis compares Dyaco International 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: 0.70x
- 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 1.84x to 0.70x 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$10.85 | NT$19.95 | x |
| 2010-12-31 | NT$9.37 | NT$19.95 | x |
| 2011-12-31 | NT$11.52 | NT$19.95 | x |
| 2012-12-31 | NT$11.58 | NT$19.95 | x |
| 2013-12-31 | NT$11.38 | NT$19.95 | x |
| 2014-12-31 | NT$15.22 | NT$19.95 | x |
| 2015-12-31 | NT$17.94 | NT$19.95 | x |
| 2016-12-31 | NT$24.52 | NT$19.95 | x |
| 2017-12-31 | NT$18.37 | NT$19.95 | x |
| 2018-12-31 | NT$16.32 | NT$19.95 | x |
| 2019-12-31 | NT$17.23 | NT$19.95 | x |
| 2020-12-31 | NT$37.73 | NT$19.95 | x |
| 2021-12-31 | NT$27.83 | NT$19.95 | x |
| 2022-12-31 | NT$28.44 | NT$19.95 | x |
| 2023-12-31 | NT$30.00 | NT$19.95 | x |
| 2024-12-31 | NT$28.56 | NT$19.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dyaco International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.00%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.45x
- Recent ROE (1.58%) is below the historical average (9.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 6.26% | 1.31% | 1.39x | 3.45x | NT$-19.24 Million |
| 2010 | 26.06% | 3.57% | 2.10x | 3.48x | NT$109.59 Million |
| 2011 | 12.83% | 3.82% | 1.21x | 2.78x | NT$24.82 Million |
| 2012 | 2.73% | 0.87% | 1.04x | 3.00x | NT$-65.32 Million |
| 2013 | 2.67% | 0.63% | 1.00x | 4.21x | NT$-64.89 Million |
| 2014 | 23.40% | 5.74% | 1.19x | 3.41x | NT$156.64 Million |
| 2015 | 16.35% | 5.75% | 1.00x | 2.86x | NT$98.52 Million |
| 2016 | 13.51% | 6.38% | 0.88x | 2.40x | NT$78.36 Million |
| 2017 | -8.29% | -3.38% | 0.67x | 3.65x | NT$-332.94 Million |
| 2018 | 6.14% | 1.93% | 0.79x | 4.03x | NT$-67.34 Million |
| 2019 | 9.98% | 3.23% | 0.80x | 3.85x | NT$-413.50K |
| 2020 | 29.27% | 10.07% | 0.99x | 2.94x | NT$869.79 Million |
| 2021 | 11.04% | 3.75% | 0.96x | 3.05x | NT$41.66 Million |
| 2022 | -2.58% | -1.33% | 0.60x | 3.26x | NT$-461.59 Million |
| 2023 | -2.81% | -1.58% | 0.69x | 2.58x | NT$-560.18 Million |
| 2024 | 1.58% | 1.00% | 0.65x | 2.45x | NT$-382.94 Million |
Industry Comparison
This section compares Dyaco International Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,560,964,000
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dyaco International Inc (1598) | NT$4.85 Billion | 6.26% | 1.14x | $63.34 Million |
| Trk Corp (1432) | $469.66 Million | -24.18% | 3.77x | $34.47 Million |
| Rexon Industrial Corp Ltd (1515) | $2.33 Billion | 4.56% | 1.33x | $101.55 Million |
| Sun Race Sturmey-Archer Inc (1526) | $654.76 Million | 0.00% | 1.33x | $22.79 Million |
| Chi Hua Fitness Co Ltd (1593) | $876.47 Million | 13.62% | 0.20x | $29.76 Million |
| Johnson Health Tech Co Ltd (1736) | $9.38 Billion | 1.06% | 2.76x | $347.60 Million |
| World Fitness Services Ltd (2762) | $2.90 Billion | 1.10% | 5.19x | $22.31K |
| Topkey Corp (4536) | $2.93 Billion | 17.26% | 1.06x | $305.91 Million |
| Brogent Technologies (5263) | $2.90 Billion | 8.87% | 0.45x | $129.86 Million |
| Janfusun Fancyworld (5701) | $609.74 Million | -22.48% | 3.77x | $9.21 Million |