FarGlory Hotel Co Ltd
FarGlory Hotel Co.,Ltd engages in the operation of hotel under the Farglory Hotel name in Taiwan. The company provides rooms, dining, weddings, meetings and events, and facilities, including leisure, outdoor pool, spa, and stores. It also operates restaurants. The company was founded in 1980 and is based in Hualien City, Taiwan.
FarGlory Hotel Co Ltd (2712) - Net Assets
Latest net assets as of September 2025: NT$1.05 Billion TWD
Based on the latest financial reports, FarGlory Hotel Co Ltd (2712) has net assets worth NT$1.05 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$1.68 Billion) and total liabilities (NT$624.43 Million). 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$1.05 Billion |
| % of Total Assets | 62.8% |
| Annual Growth Rate | -6.02% |
| 5-Year Change | -16.81% |
| 10-Year Change | -18.43% |
| Growth Volatility | 19.17 |
FarGlory Hotel Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how FarGlory Hotel 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 FarGlory Hotel Co Ltd (2009–2024)
The table below shows the annual net assets of FarGlory Hotel Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.07 Billion | -15.24% |
| 2023-12-31 | NT$1.26 Billion | +3.24% |
| 2022-12-31 | NT$1.22 Billion | +2.21% |
| 2021-12-31 | NT$1.19 Billion | -6.98% |
| 2020-12-31 | NT$1.28 Billion | +8.26% |
| 2019-12-31 | NT$1.18 Billion | -1.30% |
| 2018-12-31 | NT$1.20 Billion | -3.52% |
| 2017-12-31 | NT$1.24 Billion | -2.82% |
| 2016-12-31 | NT$1.28 Billion | -2.13% |
| 2015-12-31 | NT$1.31 Billion | -1.21% |
| 2014-12-31 | NT$1.32 Billion | +3.17% |
| 2013-12-31 | NT$1.28 Billion | +23.32% |
| 2012-12-31 | NT$1.04 Billion | +6.41% |
| 2011-12-31 | NT$976.94 Million | +10.61% |
| 2010-12-31 | NT$883.20 Million | -67.35% |
| 2009-12-31 | NT$2.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FarGlory Hotel 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 3014.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.05 Billion | 98.50% |
| Other Comprehensive Income | NT$55.39 Million | 5.20% |
| Other Components | NT$108.39 Million | 10.17% |
| Total Equity | NT$1.07 Billion | 100.00% |
FarGlory Hotel Co Ltd Competitors by Market Cap
The table below lists competitors of FarGlory Hotel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WooGene B&G Co. Ltd
KQ:018620
|
$10.47 Million |
|
Oncoinvent ASA
OL:KLDVK
|
$10.48 Million |
|
Alien Metals Ltd
PINK:ASLRF
|
$10.48 Million |
|
Tong-Hwa Synthetic Fiber Co Ltd
TW:1418
|
$10.48 Million |
|
C2C Gold Corp
OTCQB:CTCGF
|
$10.47 Million |
|
Abeo SAS
PA:ABEO
|
$10.46 Million |
|
Western Bulk Chartering AS
PINK:WSSTF
|
$10.46 Million |
|
Hemostemix Inc
OTCQB:HMTXF
|
$10.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FarGlory Hotel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,257,683,000 to 1,065,951,000, a change of -191,732,000 (-15.2%).
- Net loss of 149,157,000 reduced equity.
- Dividend payments of 43,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,877,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-149.16 Million | -13.99% |
| Dividends Paid | NT$43.90 Million | -4.12% |
| Other Comprehensive Income | NT$4.88 Million | +0.46% |
| Other Changes | NT$-3.55 Million | -0.33% |
| Total Change | NT$- | -15.24% |
Book Value vs Market Value Analysis
This analysis compares FarGlory Hotel 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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$9.79 | NT$15.50 | x |
| 2010-12-31 | NT$3.44 | NT$15.50 | x |
| 2011-12-31 | NT$10.28 | NT$15.50 | x |
| 2012-12-31 | NT$10.94 | NT$15.50 | x |
| 2013-12-31 | NT$13.38 | NT$15.50 | x |
| 2014-12-31 | NT$12.59 | NT$15.50 | x |
| 2015-12-31 | NT$12.44 | NT$15.50 | x |
| 2016-12-31 | NT$12.18 | NT$15.50 | x |
| 2017-12-31 | NT$11.84 | NT$15.50 | x |
| 2018-12-31 | NT$11.42 | NT$15.50 | x |
| 2019-12-31 | NT$11.27 | NT$15.50 | x |
| 2020-12-31 | NT$12.20 | NT$15.50 | x |
| 2021-12-31 | NT$11.35 | NT$15.50 | x |
| 2022-12-31 | NT$11.60 | NT$15.50 | x |
| 2023-12-31 | NT$11.98 | NT$15.50 | x |
| 2024-12-31 | NT$10.15 | NT$15.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FarGlory Hotel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.02%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.70x
- Recent ROE (-13.99%) is below the historical average (1.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.84% | 5.19% | 0.18x | 1.95x | NT$-220.78 Million |
| 2010 | -8.14% | -7.77% | 0.47x | 2.21x | NT$-160.19 Million |
| 2011 | 9.60% | 17.08% | 0.29x | 1.91x | NT$-3.95 Million |
| 2012 | 6.03% | 12.23% | 0.30x | 1.66x | NT$-41.30 Million |
| 2013 | 5.08% | 12.54% | 0.31x | 1.30x | NT$-63.03 Million |
| 2014 | 7.43% | 16.30% | 0.37x | 1.22x | NT$-34.01 Million |
| 2015 | 6.78% | 15.96% | 0.36x | 1.20x | NT$-42.09 Million |
| 2016 | 4.86% | 12.04% | 0.34x | 1.20x | NT$-65.68 Million |
| 2017 | 1.32% | 3.67% | 0.30x | 1.19x | NT$-107.86 Million |
| 2018 | -2.61% | -8.46% | 0.25x | 1.22x | NT$-151.26 Million |
| 2019 | -1.35% | -3.76% | 0.29x | 1.26x | NT$-134.33 Million |
| 2020 | 7.60% | 16.99% | 0.38x | 1.17x | NT$-30.77 Million |
| 2021 | -1.74% | -5.91% | 0.24x | 1.22x | NT$-139.94 Million |
| 2022 | 1.98% | 4.53% | 0.29x | 1.52x | NT$-97.71 Million |
| 2023 | 3.90% | 7.47% | 0.37x | 1.43x | NT$-76.74 Million |
| 2024 | -13.99% | -42.02% | 0.20x | 1.70x | NT$-255.75 Million |
Industry Comparison
This section compares FarGlory Hotel Co Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,780,979,000
- Average return on equity (ROE) among peers: 0.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FarGlory Hotel Co Ltd (2712) | NT$1.05 Billion | 1.84% | 0.59x | $10.47 Million |
| Chateau International Development Co Ltd (2722) | $702.35 Million | 0.17% | 0.62x | $27.21 Million |
| Haiwan International Development Co Ltd (3252) | $1.98 Billion | -0.78% | 0.95x | $15.84 Million |
| Nan Ren Hu Leisure Amusement Co Ltd (5905) | $2.66 Billion | 1.85% | 0.63x | $54.25 Million |