Better Life Group Co Ltd (1805) - Net Assets
Based on the latest financial reports, Better Life Group Co Ltd (1805) has net assets worth NT$1.61 Billion TWD (≈ $50.69 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.03 Billion ≈ $64.10 Million USD) and total liabilities (NT$425.52 Million ≈ $13.41 Million USD). 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. Check Better Life Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.61 Billion |
| % of Total Assets | 79.08% |
| Annual Growth Rate | -1.99% |
| 5-Year Change | 95.42% |
| 10-Year Change | 31.7% |
| Growth Volatility | 32.09 |
Better Life Group Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Better Life Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Better Life Group Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Better Life Group Co Ltd (2000–2024)
The table below shows the annual net assets of Better Life Group Co Ltd from 2000 to 2024. For live valuation and market cap data, see Better Life Group Co Ltd (1805) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.18 Billion ≈ $37.24 Million |
+52.70% |
| 2023-12-31 | NT$774.03 Million ≈ $24.39 Million |
+53.43% |
| 2022-12-31 | NT$504.48 Million ≈ $15.89 Million |
-15.40% |
| 2021-12-31 | NT$596.33 Million ≈ $18.79 Million |
-1.41% |
| 2020-12-31 | NT$604.84 Million ≈ $19.06 Million |
-9.20% |
| 2019-12-31 | NT$666.09 Million ≈ $20.99 Million |
+11.88% |
| 2018-12-31 | NT$595.35 Million ≈ $18.76 Million |
-19.89% |
| 2017-12-31 | NT$743.15 Million ≈ $23.41 Million |
-0.32% |
| 2016-12-31 | NT$745.53 Million ≈ $23.49 Million |
-16.93% |
| 2015-12-31 | NT$897.46 Million ≈ $28.28 Million |
+14.56% |
| 2014-12-31 | NT$783.37 Million ≈ $24.68 Million |
+1.16% |
| 2013-12-31 | NT$774.41 Million ≈ $24.40 Million |
+30.01% |
| 2012-12-31 | NT$595.65 Million ≈ $18.77 Million |
+13.67% |
| 2011-12-31 | NT$524.00 Million ≈ $16.51 Million |
+60.09% |
| 2010-12-31 | NT$327.31 Million ≈ $10.31 Million |
-21.56% |
| 2009-12-31 | NT$417.26 Million ≈ $13.15 Million |
+59.51% |
| 2008-12-31 | NT$261.60 Million ≈ $8.24 Million |
-37.02% |
| 2007-12-31 | NT$415.33 Million ≈ $13.09 Million |
+2.16% |
| 2006-12-31 | NT$406.55 Million ≈ $12.81 Million |
+25.58% |
| 2005-12-31 | NT$323.75 Million ≈ $10.20 Million |
-2.22% |
| 2004-12-31 | NT$331.11 Million ≈ $10.43 Million |
-71.19% |
| 2003-12-31 | NT$1.15 Billion ≈ $36.21 Million |
-10.26% |
| 2002-12-31 | NT$1.28 Billion ≈ $40.35 Million |
-33.19% |
| 2000-12-31 | NT$1.92 Billion ≈ $60.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Better Life Group 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 2765200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$27.65 Million | 2.34% |
| Common Stock | NT$1.05 Billion | 88.81% |
| Other Comprehensive Income | NT$74.61 Million | 6.31% |
| Other Components | NT$30.00 Million | 2.54% |
| Total Equity | NT$1.18 Billion | 100.00% |
Better Life Group Co Ltd Competitors by Market Cap
The table below lists competitors of Better Life Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HARMONEY CORP. LTD
F:6DR
|
$46.15 Million |
|
Syntec Optics Holdings Inc.
NASDAQ:OPTX
|
$46.15 Million |
|
Ageagle Aerial Systems Inc
NYSE MKT:UAVS
|
$46.16 Million |
|
Sportsmans
NASDAQ:SPWH
|
$46.18 Million |
|
Sunzen Biotech Bhd
KLSE:0148
|
$46.12 Million |
|
Tree Island Steel Ltd.
TO:TSL
|
$46.11 Million |
|
Sotherly Hotels Inc
NASDAQ:SOHO
|
$46.10 Million |
|
Greattown Holdings Ltd B
SHG:900940
|
$46.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Better Life Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 774,034,000 to 1,181,964,000, a change of 407,930,000 (52.7%).
- Net income of 300,956,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 85,543,999.
- Other factors increased equity by 21,430,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$300.96 Million | +25.46% |
| Other Comprehensive Income | NT$85.54 Million | +7.24% |
| Other Changes | NT$21.43 Million | +1.81% |
| Total Change | NT$- | 52.70% |
Book Value vs Market Value Analysis
This analysis compares Better Life Group 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: 1.03x
- 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 1.45x to 1.03x 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$7.46 | NT$10.85 | x |
| 2010-12-31 | NT$5.88 | NT$10.85 | x |
| 2011-12-31 | NT$10.73 | NT$10.85 | x |
| 2012-12-31 | NT$11.85 | NT$10.85 | x |
| 2013-12-31 | NT$9.94 | NT$10.85 | x |
| 2014-12-31 | NT$9.76 | NT$10.85 | x |
| 2015-12-31 | NT$11.15 | NT$10.85 | x |
| 2016-12-31 | NT$9.28 | NT$10.85 | x |
| 2017-12-31 | NT$9.26 | NT$10.85 | x |
| 2018-12-31 | NT$7.42 | NT$10.85 | x |
| 2019-12-31 | NT$11.21 | NT$10.85 | x |
| 2020-12-31 | NT$8.18 | NT$10.85 | x |
| 2021-12-31 | NT$6.11 | NT$10.85 | x |
| 2022-12-31 | NT$9.75 | NT$10.85 | x |
| 2023-12-31 | NT$10.87 | NT$10.85 | x |
| 2024-12-31 | NT$10.53 | NT$10.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Better Life Group 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): 25.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.12%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.75x
- Recent ROE (25.46%) is above the historical average (0.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 43.53% | 37.41% | 0.37x | 3.15x | NT$115.60 Million |
| 2007 | 9.45% | 5.21% | 0.54x | 3.34x | NT$-1.98 Million |
| 2009 | -20.21% | -19.19% | 0.58x | 1.80x | NT$-126.05 Million |
| 2010 | -27.48% | -20.65% | 0.54x | 2.48x | NT$-122.68 Million |
| 2011 | 11.48% | 3.98% | 0.59x | 4.89x | NT$7.76 Million |
| 2012 | 10.98% | 4.79% | 0.40x | 5.80x | NT$5.83 Million |
| 2013 | 26.79% | 8.39% | 1.38x | 2.31x | NT$130.03 Million |
| 2014 | 1.14% | 0.87% | 0.80x | 1.64x | NT$-69.38 Million |
| 2015 | 12.71% | 95.37% | 0.08x | 1.67x | NT$24.35 Million |
| 2016 | -15.00% | -359.63% | 0.02x | 2.15x | NT$-186.35 Million |
| 2017 | -0.32% | -0.93% | 0.17x | 2.02x | NT$-76.71 Million |
| 2018 | -15.71% | -117.09% | 0.06x | 2.43x | NT$-153.06 Million |
| 2019 | -10.96% | -57.40% | 0.09x | 2.22x | NT$-139.60 Million |
| 2020 | -12.64% | -34.79% | 0.16x | 2.28x | NT$-136.93 Million |
| 2021 | -5.65% | -18.16% | 0.13x | 2.45x | NT$-93.31 Million |
| 2022 | -18.76% | -27.13% | 0.26x | 2.67x | NT$-145.08 Million |
| 2023 | -14.23% | -75.67% | 0.09x | 1.99x | NT$-187.52 Million |
| 2024 | 25.46% | 48.12% | 0.30x | 1.75x | NT$182.76 Million |
Industry Comparison
This section compares Better Life Group Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $10,907,740,667
- Average return on equity (ROE) among peers: 3.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Better Life Group Co Ltd (1805) | NT$1.61 Billion | 43.53% | 0.26x | $46.14 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.49 Billion | 0.00% | 0.01x | $271.78 Million |
| Advancetek Enterprise Co Ltd (1442) | $811.58 Million | 0.00% | 0.76x | $302.29 Million |
| Run Long Construction Co Ltd (1808) | $5.07 Billion | 2.31% | 6.26x | $807.49 Million |
| Jean Co Ltd (2442) | $5.43 Billion | 5.80% | 3.72x | $161.67 Million |
| Cathay Real Estate Development Co Ltd (2501) | $26.33 Billion | 3.22% | 1.59x | $845.73 Million |
| Kuo Yang Construction Co Ltd (2505) | $10.28 Billion | 1.92% | 1.18x | $211.91 Million |
| Pacific Construction Co Ltd (2506) | $7.35 Billion | 0.16% | 0.96x | $101.27 Million |
| Prince Housing & Development Corp (2511) | $25.98 Billion | 2.28% | 0.78x | $408.47 Million |
| King’s Town Construction Co Ltd (2524) | $13.42 Billion | 12.34% | 1.69x | $423.74 Million |
About Better Life Group Co Ltd
Better Life Group Co., LTD., together with its subsidiaries, engages in the sale and leasing of commercial buildings in Taiwan. It is also involved in construction of public housing; solar energy application business; travel agency business; and provision of marketing agency services for the sale of real estate, as well as tourism management and real estate leasing services. The company was forme… Read more