Leofoo Development Co Ltd
Leofoo Development Co., Ltd., together with its subsidiaries, provides amusement park services in Taiwan. It operates through Leofoo Village, Leofoo Hotel, Leofoo Courtyard by Marriott, and Others segments. The company operates a theme and safari park under the Leofoo Village brand; a water theme park under the Leofoo Water Park brand; tourists hotels under the Leofoo Courtyard by Marriott brand;… Read more
Leofoo Development Co Ltd (2705) - Net Assets
Latest net assets as of September 2025: NT$4.77 Billion TWD
Based on the latest financial reports, Leofoo Development Co Ltd (2705) has net assets worth NT$4.77 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$15.48 Billion) and total liabilities (NT$10.71 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$4.77 Billion |
| % of Total Assets | 30.82% |
| Annual Growth Rate | 0.19% |
| 5-Year Change | 289.3% |
| 10-Year Change | -1.45% |
| Growth Volatility | 68.77 |
Leofoo Development Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Leofoo Development Co 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 Leofoo Development Co Ltd (2002–2024)
The table below shows the annual net assets of Leofoo Development Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.86 Billion | +0.71% |
| 2023-12-31 | NT$4.83 Billion | -1.81% |
| 2022-12-31 | NT$4.91 Billion | -5.98% |
| 2021-12-31 | NT$5.23 Billion | +318.70% |
| 2020-12-31 | NT$1.25 Billion | -22.88% |
| 2019-12-31 | NT$1.62 Billion | -25.21% |
| 2018-12-31 | NT$2.16 Billion | -38.52% |
| 2017-12-31 | NT$3.52 Billion | -22.67% |
| 2016-12-31 | NT$4.55 Billion | -7.66% |
| 2015-12-31 | NT$4.93 Billion | +1.41% |
| 2014-12-31 | NT$4.86 Billion | +0.87% |
| 2013-12-31 | NT$4.82 Billion | -2.94% |
| 2012-12-31 | NT$4.97 Billion | -2.08% |
| 2011-12-31 | NT$5.07 Billion | +28.82% |
| 2010-12-31 | NT$3.94 Billion | +3.16% |
| 2009-12-31 | NT$3.82 Billion | -3.71% |
| 2008-12-31 | NT$3.96 Billion | -13.11% |
| 2007-12-31 | NT$4.56 Billion | +8.44% |
| 2006-12-31 | NT$4.21 Billion | -0.71% |
| 2005-12-31 | NT$4.24 Billion | -3.12% |
| 2004-12-31 | NT$4.37 Billion | -0.94% |
| 2003-12-31 | NT$4.42 Billion | -5.27% |
| 2002-12-31 | NT$4.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Leofoo Development 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 decreased by 187638000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.91 Billion | 39.37% |
| Other Comprehensive Income | NT$4.79 Billion | 98.60% |
| Other Components | NT$31.24 Million | 0.64% |
| Total Equity | NT$4.86 Billion | 100.00% |
Leofoo Development Co Ltd Competitors by Market Cap
The table below lists competitors of Leofoo Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GSD Holding AS
IS:GSDHO
|
$73.06 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$73.08 Million |
|
Jeju Bank
KO:006220
|
$73.09 Million |
|
VIGO Photonics S.A.
F:J8Z
|
$73.10 Million |
|
GE Power India Limited
NSE:GEPIL
|
$73.01 Million |
|
SUR TATIL EVLERI GMYO
IS:SURGY
|
$72.97 Million |
|
Community Bancshares Inc. (McArthur OH)
PINK:CNUN
|
$72.95 Million |
|
T.A.C. Consumer Public Company Limited
BK:TACC
|
$72.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Leofoo Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,825,685,000 to 4,859,916,000, a change of 34,231,000 (0.7%).
- Net income of 88,822,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 58,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$88.82 Million | +1.83% |
| Other Comprehensive Income | NT$-58.30 Million | -1.2% |
| Other Changes | NT$3.71 Million | +0.08% |
| Total Change | NT$- | 0.71% |
Book Value vs Market Value Analysis
This analysis compares Leofoo Development 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: 0.66x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$22.82 | NT$16.75 | x |
| 2010-12-31 | NT$24.02 | NT$16.75 | x |
| 2011-12-31 | NT$30.78 | NT$16.75 | x |
| 2012-12-31 | NT$26.63 | NT$16.75 | x |
| 2013-12-31 | NT$25.84 | NT$16.75 | x |
| 2014-12-31 | NT$26.06 | NT$16.75 | x |
| 2015-12-31 | NT$26.40 | NT$16.75 | x |
| 2016-12-31 | NT$24.41 | NT$16.75 | x |
| 2017-12-31 | NT$18.87 | NT$16.75 | x |
| 2018-12-31 | NT$11.60 | NT$16.75 | x |
| 2019-12-31 | NT$8.68 | NT$16.75 | x |
| 2020-12-31 | NT$6.69 | NT$16.75 | x |
| 2021-12-31 | NT$27.54 | NT$16.75 | x |
| 2022-12-31 | NT$25.69 | NT$16.75 | x |
| 2023-12-31 | NT$25.22 | NT$16.75 | x |
| 2024-12-31 | NT$25.40 | NT$16.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Leofoo Development Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.82%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.17x
- Recent ROE (1.83%) is above the historical average (-10.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -3.86% | -7.10% | 0.26x | 2.09x | NT$-529.00 Million |
| 2010 | 3.06% | 4.49% | 0.32x | 2.10x | NT$-273.24 Million |
| 2011 | 11.18% | 16.73% | 0.31x | 2.13x | NT$59.96 Million |
| 2012 | -2.12% | -3.85% | 0.26x | 2.08x | NT$-602.13 Million |
| 2013 | -2.88% | -5.60% | 0.26x | 2.00x | NT$-621.02 Million |
| 2014 | 1.32% | 2.24% | 0.28x | 2.07x | NT$-422.27 Million |
| 2015 | 2.35% | 3.95% | 0.27x | 2.21x | NT$-377.35 Million |
| 2016 | -7.86% | -11.07% | 0.31x | 2.26x | NT$-813.05 Million |
| 2017 | -29.23% | -31.62% | 0.35x | 2.66x | NT$-1.38 Billion |
| 2018 | -60.72% | -64.91% | 0.24x | 3.89x | NT$-1.53 Billion |
| 2019 | -43.60% | -31.70% | 0.19x | 7.42x | NT$-867.75 Million |
| 2020 | -30.71% | -25.72% | 0.13x | 9.23x | NT$-508.24 Million |
| 2021 | -5.30% | -22.04% | 0.08x | 3.07x | NT$-799.70 Million |
| 2022 | -6.51% | -19.10% | 0.11x | 3.21x | NT$-811.39 Million |
| 2023 | -2.03% | -4.42% | 0.14x | 3.24x | NT$-580.31 Million |
| 2024 | 1.83% | 3.82% | 0.15x | 3.17x | NT$-397.17 Million |
Industry Comparison
This section compares Leofoo Development Co Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $2,735,982,111
- Average return on equity (ROE) among peers: 3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Leofoo Development Co Ltd (2705) | NT$4.77 Billion | -3.86% | 2.24x | $73.02 Million |
| Hotel Holiday Garden (2702) | $2.76 Billion | -5.58% | 2.12x | $17.73 Million |
| Ambassador Hotel Ltd (2704) | $8.94 Billion | 3.99% | 0.36x | $189.03 Million |
| Formosa International Hotels Corp (2707) | $4.97 Billion | 16.35% | 0.34x | $319.20 Million |
| HOYA Resort Hotel Group (2736) | $1.28 Billion | -2.38% | 0.71x | $23.94 Million |
| My Humble House Hospitality Management Consulting Co Ltd (2739) | $1.69 Billion | 19.09% | 0.98x | $31.71 Million |
| FDC International Hotels Corp (2748) | $705.77 Million | 14.97% | 1.88x | $51.88 Million |
| Shihlin Development Company Limited (5324) | $1.77 Billion | -5.78% | 3.69x | $34.54 Million |
| Lealea Hotels & Resorts Co., Ltd. (5364) | $341.25 Million | -9.87% | 1.94x | $8.01 Million |
| Landis Taipei Hotel Co Ltd (5703) | $2.17 Billion | -1.43% | 0.00x | $12.45 Million |