FarGlory Hotel Co Ltd (2712) - Net Assets
Based on the latest financial reports, FarGlory Hotel Co Ltd (2712) has net assets worth NT$1.05 Billion TWD (≈ $33.22 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$1.68 Billion ≈ $52.89 Million USD) and total liabilities (NT$624.43 Million ≈ $19.67 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 how resilient are FarGlory Hotel Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore FarGlory Hotel Co Ltd (2712) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see FarGlory Hotel Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.07 Billion ≈ $33.58 Million |
-15.24% |
| 2023-12-31 | NT$1.26 Billion ≈ $39.62 Million |
+3.24% |
| 2022-12-31 | NT$1.22 Billion ≈ $38.38 Million |
+2.21% |
| 2021-12-31 | NT$1.19 Billion ≈ $37.55 Million |
-6.98% |
| 2020-12-31 | NT$1.28 Billion ≈ $40.37 Million |
+8.26% |
| 2019-12-31 | NT$1.18 Billion ≈ $37.29 Million |
-1.30% |
| 2018-12-31 | NT$1.20 Billion ≈ $37.78 Million |
-3.52% |
| 2017-12-31 | NT$1.24 Billion ≈ $39.16 Million |
-2.82% |
| 2016-12-31 | NT$1.28 Billion ≈ $40.29 Million |
-2.13% |
| 2015-12-31 | NT$1.31 Billion ≈ $41.17 Million |
-1.21% |
| 2014-12-31 | NT$1.32 Billion ≈ $41.67 Million |
+3.17% |
| 2013-12-31 | NT$1.28 Billion ≈ $40.39 Million |
+23.32% |
| 2012-12-31 | NT$1.04 Billion ≈ $32.75 Million |
+6.41% |
| 2011-12-31 | NT$976.94 Million ≈ $30.78 Million |
+10.61% |
| 2010-12-31 | NT$883.20 Million ≈ $27.83 Million |
-67.35% |
| 2009-12-31 | NT$2.71 Billion ≈ $85.22 Million |
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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 |
|---|---|
|
Namyang Dairy Products Co Ltd Peffered Series 1
KO:003925
|
$49.47 Million |
|
Arribatec Solutions ASA
OL:ARR
|
$49.47 Million |
|
Winix Inc
KQ:044340
|
$49.49 Million |
|
Digital Multimedia Technology Co.Ltd
KQ:134580
|
$49.50 Million |
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
$49.45 Million |
|
Carlos Casado
BA:CADO
|
$49.45 Million |
|
Taiwan Benefit Co
TWO:3379
|
$49.44 Million |
|
Matrix Composites & Engineering Ltd
AU:MCE
|
$49.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FarGlory Hotel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,257,683,000 to 1,065,951,000, a change of -191,732,000 (-15.2%).
- Net loss of 149,157,000 reduced equity.
- Dividend payments of 43,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,877,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.47x
- 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$14.95 | x |
| 2010-12-31 | NT$3.44 | NT$14.95 | x |
| 2011-12-31 | NT$10.28 | NT$14.95 | x |
| 2012-12-31 | NT$10.94 | NT$14.95 | x |
| 2013-12-31 | NT$13.38 | NT$14.95 | x |
| 2014-12-31 | NT$12.59 | NT$14.95 | x |
| 2015-12-31 | NT$12.44 | NT$14.95 | x |
| 2016-12-31 | NT$12.18 | NT$14.95 | x |
| 2017-12-31 | NT$11.84 | NT$14.95 | x |
| 2018-12-31 | NT$11.42 | NT$14.95 | x |
| 2019-12-31 | NT$11.27 | NT$14.95 | x |
| 2020-12-31 | NT$12.20 | NT$14.95 | x |
| 2021-12-31 | NT$11.35 | NT$14.95 | x |
| 2022-12-31 | NT$11.60 | NT$14.95 | x |
| 2023-12-31 | NT$11.98 | NT$14.95 | x |
| 2024-12-31 | NT$10.15 | NT$14.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FarGlory Hotel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.02%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.70x
- Recent ROE (-13.99%) is below the historical average (1.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.84% | 5.19% | 0.18x | 1.95x | NT$-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: $2,397,046,333
- Average return on equity (ROE) among peers: 1.91%
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 | $49.46 Million |
| Chateau International Development Co Ltd (2722) | $2.25 Billion | 3.62% | 0.36x | $101.04 Million |
| Haiwan International Development Co Ltd (3252) | $1.98 Billion | -0.78% | 0.95x | $28.86 Million |
| Nan Ren Hu Leisure Amusement Co Ltd (5905) | $2.97 Billion | 2.89% | 0.41x | $70.54 Million |
About 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.