FDC International Hotels Corp
FDC International Hotels Corporation operates and manages international tourist hotels in Taiwan. It also engages in catering; real estate management; and investment activities. Its portfolio includes the Yunpin Hot Spring Hotel Sun Moon Lake, Palais de Chine Hotel Taipei, Gala De Luxe, and Yipin Hotel. The company was founded in 2012 and is based in New Taipei City, Taiwan. FDC International H… Read more
FDC International Hotels Corp (2748) - Net Assets
Latest net assets as of September 2025: NT$2.89 Billion TWD
Based on the latest financial reports, FDC International Hotels Corp (2748) has net assets worth NT$2.89 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$4.73 Billion) and total liabilities (NT$1.84 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$2.89 Billion |
| % of Total Assets | 61.15% |
| Annual Growth Rate | 15.39% |
| 5-Year Change | 123.69% |
| 10-Year Change | 270.47% |
| Growth Volatility | 14.69 |
FDC International Hotels Corp - Net Assets Trend (2014–2024)
This chart illustrates how FDC International Hotels Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FDC International Hotels Corp (2014–2024)
The table below shows the annual net assets of FDC International Hotels Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.95 Billion | +4.23% |
| 2023-12-31 | NT$2.83 Billion | +40.39% |
| 2022-12-31 | NT$2.02 Billion | +16.75% |
| 2021-12-31 | NT$1.73 Billion | +30.93% |
| 2020-12-31 | NT$1.32 Billion | +3.50% |
| 2019-12-31 | NT$1.28 Billion | +0.27% |
| 2018-12-31 | NT$1.27 Billion | +7.33% |
| 2017-12-31 | NT$1.19 Billion | +5.72% |
| 2016-12-31 | NT$1.12 Billion | +40.63% |
| 2015-12-31 | NT$797.09 Million | +12.94% |
| 2014-12-31 | NT$705.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FDC International Hotels Corp'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 48095900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$480.96 Million | 16.29% |
| Common Stock | NT$1.06 Billion | 35.82% |
| Other Comprehensive Income | NT$870.75 Million | 29.49% |
| Other Components | NT$543.42 Million | 18.40% |
| Total Equity | NT$2.95 Billion | 100.00% |
FDC International Hotels Corp Competitors by Market Cap
The table below lists competitors of FDC International Hotels Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InflaRx N.V.
NASDAQ:IFRX
|
$51.82 Million |
|
Kronos Bio Inc
NASDAQ:KRON
|
$51.83 Million |
|
CALIDA HLDG NA SF 2,10
F:C7UA
|
$51.84 Million |
|
Shinwon
KO:009270
|
$51.84 Million |
|
Lavras Gold Corp.
OTCQX:LGCFF
|
$51.81 Million |
|
Digital Bros. S.p.A.
LSE:0N8R
|
$51.81 Million |
|
Los Andes Copper Ltd
OTCQX:LSANF
|
$51.80 Million |
|
Yangarra Resources Ltd
PINK:YGRAF
|
$51.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FDC International Hotels Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,833,185,000 to 2,952,923,000, a change of 119,738,000 (4.2%).
- Net income of 330,913,000 contributed positively to equity growth.
- Dividend payments of 211,557,000 reduced retained earnings.
- Other comprehensive income increased equity by 861,370,000.
- Other factors decreased equity by 860,988,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$330.91 Million | +11.21% |
| Dividends Paid | NT$211.56 Million | -7.16% |
| Other Comprehensive Income | NT$861.37 Million | +29.17% |
| Other Changes | NT$-860.99 Million | -29.16% |
| Total Change | NT$- | 4.23% |
Book Value vs Market Value Analysis
This analysis compares FDC International Hotels Corp'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: 1.43x
- 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 4.74x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$8.44 | NT$40.00 | x |
| 2014-12-31 | NT$13.24 | NT$40.00 | x |
| 2015-12-31 | NT$11.21 | NT$40.00 | x |
| 2016-12-31 | NT$15.61 | NT$40.00 | x |
| 2017-12-31 | NT$15.25 | NT$40.00 | x |
| 2018-12-31 | NT$16.36 | NT$40.00 | x |
| 2019-12-31 | NT$14.57 | NT$40.00 | x |
| 2020-12-31 | NT$14.71 | NT$40.00 | x |
| 2021-12-31 | NT$22.66 | NT$40.00 | x |
| 2022-12-31 | NT$19.08 | NT$40.00 | x |
| 2023-12-31 | NT$27.66 | NT$40.00 | x |
| 2024-12-31 | NT$27.92 | NT$40.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FDC International Hotels Corp 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): 11.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.54%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.70x
- Recent ROE (11.21%) is below the historical average (12.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.97% | 16.54% | 0.31x | 2.88x | NT$35.09 Million |
| 2015 | 22.75% | 14.90% | 0.63x | 2.43x | NT$101.62 Million |
| 2016 | 17.18% | 14.46% | 0.70x | 1.69x | NT$80.45 Million |
| 2017 | 19.26% | 14.93% | 0.82x | 1.57x | NT$109.72 Million |
| 2018 | 16.62% | 12.38% | 0.60x | 2.25x | NT$84.17 Million |
| 2019 | 14.41% | 7.72% | 0.54x | 3.44x | NT$56.26 Million |
| 2020 | 8.25% | 5.94% | 0.43x | 3.21x | NT$-23.04 Million |
| 2021 | -1.70% | -2.02% | 0.31x | 2.75x | NT$-202.16 Million |
| 2022 | 9.89% | 9.62% | 0.43x | 2.41x | NT$-2.24 Million |
| 2023 | 9.99% | 12.00% | 0.47x | 1.76x | NT$-146.50K |
| 2024 | 11.21% | 13.54% | 0.49x | 1.70x | NT$35.62 Million |
Industry Comparison
This section compares FDC International Hotels Corp's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $3,193,750,667
- Average return on equity (ROE) among peers: 1.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FDC International Hotels Corp (2748) | NT$2.89 Billion | 14.97% | 0.64x | $51.81 Million |
| Hotel Holiday Garden (2702) | $2.76 Billion | -5.58% | 2.12x | $17.89 Million |
| Ambassador Hotel Ltd (2704) | $8.94 Billion | 3.99% | 0.36x | $189.03 Million |
| Leofoo Development Co Ltd (2705) | $4.83 Billion | -2.03% | 2.24x | $71.93 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 | $31.43 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 |