IKKA Holdings (Cayman) Limited
IKKA Holdings (Cayman) Limited manufactures, and develops plastic automotive parts and modules in Japan, China, Vietnam, Malaysia, and internationally. The company offers precision plastic injection molded parts for automobiles and electric vehicles; mold products; gears; business machine parts; and residential related equipment parts and other products. The company was founded in 1963 and is bas… Read more
IKKA Holdings (Cayman) Limited (2250) - Net Assets
Latest net assets as of September 2025: NT$2.07 Billion TWD
Based on the latest financial reports, IKKA Holdings (Cayman) Limited (2250) has net assets worth NT$2.07 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$3.46 Billion) and total liabilities (NT$1.39 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$2.07 Billion |
| % of Total Assets | 59.86% |
| Annual Growth Rate | 19.01% |
| 5-Year Change | 108.03% |
| 10-Year Change | N/A |
| Growth Volatility | 14.16 |
IKKA Holdings (Cayman) Limited - Net Assets Trend (2017–2024)
This chart illustrates how IKKA Holdings (Cayman) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IKKA Holdings (Cayman) Limited (2017–2024)
The table below shows the annual net assets of IKKA Holdings (Cayman) Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.06 Billion | +23.47% |
| 2023-12-31 | NT$1.67 Billion | +1.21% |
| 2022-12-31 | NT$1.65 Billion | +11.56% |
| 2021-12-31 | NT$1.47 Billion | +49.22% |
| 2020-12-31 | NT$988.39 Million | +25.75% |
| 2019-12-31 | NT$785.98 Million | +13.31% |
| 2018-12-31 | NT$693.64 Million | +14.07% |
| 2017-12-31 | NT$608.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IKKA Holdings (Cayman) Limited'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 171.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$672.87 Million | 32.72% |
| Common Stock | NT$332.02 Million | 16.15% |
| Other Comprehensive Income | NT$37.98 Million | 1.85% |
| Other Components | NT$1.01 Billion | 49.28% |
| Total Equity | NT$2.06 Billion | 100.00% |
IKKA Holdings (Cayman) Limited Competitors by Market Cap
The table below lists competitors of IKKA Holdings (Cayman) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LEE S PHARMACEUTIC.HD-05
F:L1PA
|
$35.92 Million |
|
SK D&D Co Ltd
KO:210980
|
$35.92 Million |
|
Professional Computer Technology Ltd
TWO:6270
|
$35.93 Million |
|
Aallon Group Oyj
HE:AALLON
|
$35.93 Million |
|
Phinergy Ltd
PINK:PHNGF
|
$35.91 Million |
|
Nilörngruppen AB
PINK:NLLGF
|
$35.90 Million |
|
SAGA COMMUNICATNS A DL-01
F:SGHB
|
$35.90 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$35.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IKKA Holdings (Cayman) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,665,300,000 to 2,056,152,000, a change of 390,852,000 (23.5%).
- Net income of 191,666,000 contributed positively to equity growth.
- Dividend payments of 100,246,000 reduced retained earnings.
- New share issuances of 118,328,000 increased equity.
- Other comprehensive income increased equity by 50,851,000.
- Other factors increased equity by 130,253,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$191.67 Million | +9.32% |
| Dividends Paid | NT$100.25 Million | -4.88% |
| Share Issuances | NT$118.33 Million | +5.75% |
| Other Comprehensive Income | NT$50.85 Million | +2.47% |
| Other Changes | NT$130.25 Million | +6.33% |
| Total Change | NT$- | 23.47% |
Book Value vs Market Value Analysis
This analysis compares IKKA Holdings (Cayman) Limited'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: 1.13x
- 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 2.53x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$27.26 | NT$69.00 | x |
| 2018-12-31 | NT$34.70 | NT$69.00 | x |
| 2019-12-31 | NT$35.23 | NT$69.00 | x |
| 2020-12-31 | NT$44.31 | NT$69.00 | x |
| 2021-12-31 | NT$56.87 | NT$69.00 | x |
| 2022-12-31 | NT$57.40 | NT$69.00 | x |
| 2023-12-31 | NT$55.76 | NT$69.00 | x |
| 2024-12-31 | NT$60.84 | NT$69.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IKKA Holdings (Cayman) Limited 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): 9.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.87x
- Recent ROE (9.32%) is below the historical average (11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 19.99% | 3.64% | 1.38x | 3.99x | NT$60.74 Million |
| 2018 | 12.08% | 2.40% | 1.36x | 3.69x | NT$14.40 Million |
| 2019 | 15.09% | 3.11% | 1.34x | 3.61x | NT$40.03 Million |
| 2020 | 10.88% | 2.97% | 1.19x | 3.07x | NT$8.71 Million |
| 2021 | 10.24% | 4.12% | 1.14x | 2.17x | NT$3.48 Million |
| 2022 | 5.94% | 2.70% | 1.03x | 2.14x | NT$-66.78 Million |
| 2023 | 7.16% | 3.27% | 1.00x | 2.20x | NT$-47.37 Million |
| 2024 | 9.32% | 5.23% | 0.95x | 1.87x | NT$-13.95 Million |
Industry Comparison
This section compares IKKA Holdings (Cayman) Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,532,689,500
- Average return on equity (ROE) among peers: 12.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IKKA Holdings (Cayman) Limited (2250) | NT$2.07 Billion | 19.99% | 0.67x | $35.92 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |