Grape King Bio Ltd

TW:1707 Taiwan Drug Manufacturers - Specialty & Generic
Market Cap
$535.04 Million
NT$17.70 Billion TWD
Market Cap Rank
#11205 Global
#310 in Taiwan
Share Price
NT$119.50
Change (1 day)
-0.42%
52-Week Range
NT$118.50 - NT$146.00
All Time High
NT$227.99
About

Grape King Bio Ltd, together with its subsidiaries, produces and sells pharmaceutical preparations, patent medicines, liquid tonics, drinks, and healthy food in Taiwan, China, and internationally. It operates through Multi-Level Marketing; Distributors; Original Design Manufacturer/Original Equipment Manufacturer; and Sales Channel segments. The company offers Chinese herbal medicines, probiotics… Read more

Grape King Bio Ltd (1707) - Net Assets

Latest net assets as of September 2025: NT$11.64 Billion TWD

Based on the latest financial reports, Grape King Bio Ltd (1707) has net assets worth NT$11.64 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$14.49 Billion) and total liabilities (NT$2.85 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$11.64 Billion
% of Total Assets 80.32%
Annual Growth Rate 9.96%
5-Year Change 47.78%
10-Year Change 179.43%
Growth Volatility 9.08

Grape King Bio Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Grape King Bio 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 Grape King Bio Ltd (2002–2024)

The table below shows the annual net assets of Grape King Bio Ltd from 2002 to 2024.

Year Net Assets Change
2024-12-31 NT$11.79 Billion +1.38%
2023-12-31 NT$11.63 Billion +4.39%
2022-12-31 NT$11.14 Billion +6.82%
2021-12-31 NT$10.43 Billion +30.72%
2020-12-31 NT$7.98 Billion +6.79%
2019-12-31 NT$7.47 Billion +7.75%
2018-12-31 NT$6.93 Billion +9.57%
2017-12-31 NT$6.33 Billion +9.42%
2016-12-31 NT$5.78 Billion +37.05%
2015-12-31 NT$4.22 Billion +13.53%
2014-12-31 NT$3.72 Billion +15.40%
2013-12-31 NT$3.22 Billion +17.46%
2012-12-31 NT$2.74 Billion +10.95%
2011-12-31 NT$2.47 Billion +9.36%
2010-12-31 NT$2.26 Billion +8.87%
2009-12-31 NT$2.08 Billion +19.01%
2008-12-31 NT$1.74 Billion -1.63%
2007-12-31 NT$1.77 Billion +4.38%
2006-12-31 NT$1.70 Billion +6.16%
2005-12-31 NT$1.60 Billion +1.33%
2004-12-31 NT$1.58 Billion +6.43%
2003-12-31 NT$1.48 Billion +1.56%
2002-12-31 NT$1.46 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Grape King Bio 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 400492900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$4.00 Billion 39.83%
Common Stock NT$1.48 Billion 14.73%
Other Comprehensive Income NT$1.71 Billion 17.04%
Other Components NT$2.86 Billion 28.40%
Total Equity NT$10.06 Billion 100.00%

Grape King Bio Ltd Competitors by Market Cap

The table below lists competitors of Grape King Bio Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grape King Bio Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,978,299,000 to 10,055,699,000, a change of 77,400,000 (0.8%).
  • Net income of 1,448,299,000 contributed positively to equity growth.
  • Dividend payments of 1,022,148,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,713,475,000.
  • Other factors decreased equity by 2,062,226,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$1.45 Billion +14.4%
Dividends Paid NT$1.02 Billion -10.16%
Other Comprehensive Income NT$1.71 Billion +17.04%
Other Changes NT$-2.06 Billion -20.51%
Total Change NT$- 0.78%

Book Value vs Market Value Analysis

This analysis compares Grape King Bio 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: 1.77x
  • 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 9.38x to 1.77x 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$12.74 NT$119.50 x
2007-12-31 NT$13.20 NT$119.50 x
2008-12-31 NT$12.93 NT$119.50 x
2009-12-31 NT$14.88 NT$119.50 x
2010-12-31 NT$15.94 NT$119.50 x
2011-12-31 NT$17.08 NT$119.50 x
2012-12-31 NT$18.69 NT$119.50 x
2013-12-31 NT$21.19 NT$119.50 x
2014-12-31 NT$23.46 NT$119.50 x
2015-12-31 NT$26.14 NT$119.50 x
2016-12-31 NT$35.13 NT$119.50 x
2017-12-31 NT$38.05 NT$119.50 x
2018-12-31 NT$41.97 NT$119.50 x
2019-12-31 NT$45.19 NT$119.50 x
2020-12-31 NT$48.39 NT$119.50 x
2021-12-31 NT$60.57 NT$119.50 x
2022-12-31 NT$64.20 NT$119.50 x
2023-12-31 NT$66.91 NT$119.50 x
2024-12-31 NT$67.41 NT$119.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grape King Bio 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): 14.40%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.98%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.52x
  • Recent ROE (14.40%) is below the historical average (19.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 2.90% 4.01% 0.43x 1.70x NT$-103.68 Million
2003 1.92% 2.37% 0.52x 1.56x NT$-119.89 Million
2004 5.15% 6.51% 0.51x 1.55x NT$-76.57 Million
2006 9.07% 10.10% 0.60x 1.50x NT$-15.49 Million
2007 10.52% 10.63% 0.67x 1.47x NT$9.00 Million
2008 9.77% 7.79% 0.82x 1.54x NT$-3.82 Million
2009 19.58% 13.44% 0.88x 1.65x NT$185.56 Million
2010 20.61% 13.03% 1.03x 1.54x NT$220.15 Million
2011 21.27% 12.54% 1.09x 1.55x NT$250.68 Million
2012 25.43% 13.42% 1.19x 1.59x NT$375.49 Million
2013 30.15% 14.79% 1.22x 1.67x NT$558.57 Million
2014 30.69% 15.00% 1.17x 1.75x NT$635.39 Million
2015 30.24% 14.51% 0.84x 2.48x NT$703.83 Million
2016 26.97% 14.12% 0.96x 1.99x NT$815.97 Million
2017 26.02% 14.40% 0.95x 1.90x NT$832.42 Million
2018 22.61% 14.11% 0.86x 1.86x NT$722.36 Million
2019 31.40% 20.98% 0.81x 1.84x NT$1.32 Billion
2020 28.61% 20.67% 0.70x 1.98x NT$1.23 Billion
2021 21.67% 19.88% 0.70x 1.56x NT$1.05 Billion
2022 22.67% 20.88% 0.69x 1.57x NT$1.21 Billion
2023 14.56% 13.66% 0.69x 1.55x NT$454.90 Million
2024 14.40% 12.98% 0.73x 1.52x NT$442.73 Million

Industry Comparison

This section compares Grape King Bio Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $3,721,537,889
  • Average return on equity (ROE) among peers: 2.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grape King Bio Ltd (1707) NT$11.64 Billion 2.90% 0.25x $413.97 Million
Standard Chemical & Pharmaceutical Co Ltd (1720) $8.14 Billion 10.26% 0.37x $160.24 Million
Maywufa Co Ltd (1731) $2.11 Billion 8.22% 0.51x $41.33 Million
Allied Biotech Corporation (1780) $1.17 Billion 8.33% 0.78x $47.92 Million
ScinoPharm Taiwan Ltd (1789) $9.38 Billion 5.16% 0.21x $180.77 Million
GeneFerm Biotechnology Co Ltd (1796) $396.19 Million 1.14% 1.48x $24.30 Million
Easywell Biomedicals Inc. (1799) $696.90 Million -39.00% 0.68x $62.14 Million
LIWANLI Innovation Co Ltd (3054) $799.59 Million 4.48% 0.55x $49.55 Million
YungShin Global Holding Corp (3705) $4.70 Billion 6.21% 0.18x $292.12 Million
TTY Biopharm Co Ltd (4105) $6.11 Billion 22.00% 0.56x $486.74 Million