Hotai Motor Co Ltd (2207) - Net Assets
Based on the latest financial reports, Hotai Motor Co Ltd (2207) has net assets worth NT$114.61 Billion TWD (≈ $3.61 Billion 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$512.01 Billion ≈ $16.13 Billion USD) and total liabilities (NT$397.40 Billion ≈ $12.52 Billion 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 2207 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$114.61 Billion |
| % of Total Assets | 22.38% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | 36.05% |
| 10-Year Change | 149.3% |
| Growth Volatility | 12.02 |
Hotai Motor Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hotai Motor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hotai Motor Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Hotai Motor Co Ltd (2000–2024)
The table below shows the annual net assets of Hotai Motor Co Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of Hotai Motor Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$114.12 Billion ≈ $3.60 Billion |
+13.62% |
| 2023-12-31 | NT$100.44 Billion ≈ $3.16 Billion |
+44.37% |
| 2022-12-31 | NT$69.57 Billion ≈ $2.19 Billion |
-26.35% |
| 2021-12-31 | NT$94.47 Billion ≈ $2.98 Billion |
+12.61% |
| 2020-12-31 | NT$83.89 Billion ≈ $2.64 Billion |
+10.95% |
| 2019-12-31 | NT$75.61 Billion ≈ $2.38 Billion |
+29.83% |
| 2018-12-31 | NT$58.24 Billion ≈ $1.83 Billion |
+6.12% |
| 2017-12-31 | NT$54.88 Billion ≈ $1.73 Billion |
+8.50% |
| 2016-12-31 | NT$50.58 Billion ≈ $1.59 Billion |
+10.49% |
| 2015-12-31 | NT$45.78 Billion ≈ $1.44 Billion |
+11.41% |
| 2014-12-31 | NT$41.09 Billion ≈ $1.29 Billion |
+7.34% |
| 2013-12-31 | NT$38.28 Billion ≈ $1.21 Billion |
+9.84% |
| 2012-12-31 | NT$34.85 Billion ≈ $1.10 Billion |
+11.38% |
| 2011-12-31 | NT$31.29 Billion ≈ $985.71 Million |
+15.74% |
| 2010-12-31 | NT$27.03 Billion ≈ $851.68 Million |
+12.57% |
| 2009-12-31 | NT$24.01 Billion ≈ $756.55 Million |
+10.19% |
| 2008-12-31 | NT$21.79 Billion ≈ $686.60 Million |
-0.60% |
| 2007-12-31 | NT$21.92 Billion ≈ $690.72 Million |
+6.52% |
| 2006-12-31 | NT$20.58 Billion ≈ $648.43 Million |
+5.10% |
| 2005-12-31 | NT$19.58 Billion ≈ $616.94 Million |
+22.23% |
| 2004-12-31 | NT$16.02 Billion ≈ $504.74 Million |
+19.43% |
| 2003-12-31 | NT$13.41 Billion ≈ $422.63 Million |
+13.40% |
| 2002-12-31 | NT$11.83 Billion ≈ $372.70 Million |
+4.82% |
| 2001-12-31 | NT$11.29 Billion ≈ $355.56 Million |
+1.16% |
| 2000-12-31 | NT$11.16 Billion ≈ $351.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hotai Motor 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 1029.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$44.93 Billion | 57.39% |
| Common Stock | NT$5.57 Billion | 7.12% |
| Other Comprehensive Income | NT$27.78 Billion | 35.49% |
| Total Equity | NT$78.28 Billion | 100.00% |
Hotai Motor Co Ltd Competitors by Market Cap
The table below lists competitors of Hotai Motor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Salubris Pharmaceuticals Co Ltd
SHE:002294
|
$8.37 Billion |
|
CTP N.V.
AS:CTPNV
|
$8.37 Billion |
|
PT Pantai Indah Kapuk Dua Tbk
JK:PANI
|
$8.37 Billion |
|
Hyundai Autoever Corp
KO:307950
|
$8.37 Billion |
|
Blueprint Medicines Corp
NASDAQ:BPMC
|
$8.36 Billion |
|
Merlin Properties SOCIMI SA
LS:MRL
|
$8.35 Billion |
|
National Retail Properties Inc
NYSE:NNN
|
$8.35 Billion |
|
Aker ASA
OL:AKER
|
$8.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hotai Motor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,226,484,000 to 78,283,817,000, a change of 12,057,333,000 (18.2%).
- Net income of 20,467,026,000 contributed positively to equity growth.
- Dividend payments of 13,251,889,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,923,248,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$20.47 Billion | +26.14% |
| Dividends Paid | NT$13.25 Billion | -16.93% |
| Other Comprehensive Income | NT$4.92 Billion | +6.29% |
| Other Changes | NT$-81.05 Million | -0.1% |
| Total Change | NT$- | 18.21% |
Book Value vs Market Value Analysis
This analysis compares Hotai Motor 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: 3.39x
- 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 14.55x to 3.39x 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$32.75 | NT$476.50 | x |
| 2007-12-31 | NT$34.53 | NT$476.50 | x |
| 2008-12-31 | NT$34.55 | NT$476.50 | x |
| 2009-12-31 | NT$38.09 | NT$476.50 | x |
| 2010-12-31 | NT$42.62 | NT$476.50 | x |
| 2011-12-31 | NT$48.94 | NT$476.50 | x |
| 2012-12-31 | NT$54.48 | NT$476.50 | x |
| 2013-12-31 | NT$59.30 | NT$476.50 | x |
| 2014-12-31 | NT$63.51 | NT$476.50 | x |
| 2015-12-31 | NT$70.61 | NT$476.50 | x |
| 2016-12-31 | NT$77.32 | NT$476.50 | x |
| 2017-12-31 | NT$83.68 | NT$476.50 | x |
| 2018-12-31 | NT$88.46 | NT$476.50 | x |
| 2019-12-31 | NT$105.11 | NT$476.50 | x |
| 2020-12-31 | NT$117.46 | NT$476.50 | x |
| 2021-12-31 | NT$132.33 | NT$476.50 | x |
| 2022-12-31 | NT$73.50 | NT$476.50 | x |
| 2023-12-31 | NT$118.81 | NT$476.50 | x |
| 2024-12-31 | NT$140.41 | NT$476.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hotai Motor 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): 26.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.99%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 6.52x
- Recent ROE (26.14%) is above the historical average (18.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.14% | 2.09% | 2.43x | 2.19x | NT$126.78 Million |
| 2001 | 8.86% | 2.05% | 1.89x | 2.29x | NT$-129.12 Million |
| 2002 | 11.98% | 2.24% | 1.82x | 2.94x | NT$234.56 Million |
| 2003 | 16.62% | 3.28% | 1.65x | 3.06x | NT$857.14 Million |
| 2004 | 22.22% | 3.85% | 2.06x | 2.81x | NT$1.87 Billion |
| 2005 | 25.94% | 4.26% | 1.81x | 3.37x | NT$2.80 Billion |
| 2006 | 19.27% | 4.04% | 1.39x | 3.43x | NT$1.69 Billion |
| 2007 | 17.70% | 3.57% | 1.35x | 3.67x | NT$1.48 Billion |
| 2008 | 13.07% | 3.13% | 1.16x | 3.59x | NT$590.03 Million |
| 2009 | 15.44% | 3.26% | 1.42x | 3.34x | NT$1.16 Billion |
| 2010 | 20.43% | 4.43% | 1.28x | 3.60x | NT$2.48 Billion |
| 2011 | 24.14% | 5.25% | 1.24x | 3.71x | NT$3.86 Billion |
| 2012 | 24.75% | 5.64% | 1.10x | 3.97x | NT$4.48 Billion |
| 2013 | 23.15% | 5.22% | 1.08x | 4.09x | NT$4.35 Billion |
| 2014 | 25.98% | 5.74% | 1.07x | 4.21x | NT$5.66 Billion |
| 2015 | 24.84% | 6.09% | 0.97x | 4.20x | NT$5.84 Billion |
| 2016 | 24.92% | 6.22% | 0.96x | 4.15x | NT$6.43 Billion |
| 2017 | 21.68% | 5.71% | 0.86x | 4.43x | NT$5.45 Billion |
| 2018 | 20.32% | 5.43% | 0.81x | 4.65x | NT$5.09 Billion |
| 2019 | 20.09% | 5.58% | 0.83x | 4.36x | NT$5.91 Billion |
| 2020 | 21.15% | 5.97% | 0.80x | 4.43x | NT$7.30 Billion |
| 2021 | 21.97% | 7.12% | 0.65x | 4.74x | NT$8.83 Billion |
| 2022 | -37.70% | -6.99% | 0.55x | 9.73x | NT$-19.92 Billion |
| 2023 | 34.51% | 8.33% | 0.56x | 7.34x | NT$16.24 Billion |
| 2024 | 26.14% | 7.99% | 0.50x | 6.52x | NT$12.64 Billion |
Industry Comparison
This section compares Hotai Motor Co Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
No peer company data available for comparison.
About Hotai Motor Co Ltd
Hotai Motor Co.,Ltd., together with its subsidiaries, exports and imports, trades, and sells vehicles, automobile air conditioners, and related parts in Taiwan and Mainland China. It is also involved in the installment sales and vehicle leasing, used vehicles selling, property and casualty insurance, trading of vehicle products/accessories, solar power, energy storage, and vehicle repairing activ… Read more