Kayee International Group Co Ltd (2939) - Net Assets
Based on the latest financial reports, Kayee International Group Co Ltd (2939) has net assets worth NT$581.32 Million TWD (≈ $18.31 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$831.43 Million ≈ $26.19 Million USD) and total liabilities (NT$250.11 Million ≈ $7.88 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 Kayee International Group Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$581.32 Million |
| % of Total Assets | 69.92% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | -31.03% |
| 10-Year Change | 2.6% |
| Growth Volatility | 29.25 |
Kayee International Group Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Kayee International Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kayee International Group Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kayee International Group Co Ltd (2014–2024)
The table below shows the annual net assets of Kayee International Group Co Ltd from 2014 to 2024. For live valuation and market cap data, see Kayee International Group Co Ltd (2939) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$730.07 Million ≈ $23.00 Million |
-15.06% |
| 2023-12-31 | NT$859.54 Million ≈ $27.08 Million |
-8.42% |
| 2022-12-31 | NT$938.52 Million ≈ $29.57 Million |
+3.33% |
| 2021-12-31 | NT$908.29 Million ≈ $28.62 Million |
-14.19% |
| 2020-12-31 | NT$1.06 Billion ≈ $33.35 Million |
-25.91% |
| 2019-12-31 | NT$1.43 Billion ≈ $45.01 Million |
-11.91% |
| 2018-12-31 | NT$1.62 Billion ≈ $51.09 Million |
+6.27% |
| 2017-12-31 | NT$1.53 Billion ≈ $48.08 Million |
+34.65% |
| 2016-12-31 | NT$1.13 Billion ≈ $35.71 Million |
+59.27% |
| 2015-12-31 | NT$711.59 Million ≈ $22.42 Million |
+56.51% |
| 2014-12-31 | NT$454.66 Million ≈ $14.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kayee International Group 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 166.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$455.49 Million | 62.39% |
| Other Comprehensive Income | NT$81.27 Million | 11.13% |
| Other Components | NT$328.31 Million | 44.97% |
| Total Equity | NT$730.07 Million | 100.00% |
Kayee International Group Co Ltd Competitors by Market Cap
The table below lists competitors of Kayee International Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlantaa Limited
NSE:ATLANTAA
|
$36.02 Million |
|
K2A Knaust & Andersson Fastigheter AB (publ)
ST:K2A-B
|
$36.02 Million |
|
Bumyang Construction Co Ltd
KO:002410
|
$36.03 Million |
|
Samil Enterprise Co. Ltd
KQ:002290
|
$36.05 Million |
|
Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM
|
$36.02 Million |
|
NBI Bearings Europe S.A.
MC:NBI
|
$36.01 Million |
|
Wooyang Co. Ltd
KQ:103840
|
$35.99 Million |
|
Rekah Pharmaceutical Industry Ltd
TA:REKA
|
$35.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kayee International Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 859,540,000 to 730,070,000, a change of -129,470,000 (-15.1%).
- Net loss of 135,003,000 reduced equity.
- Other comprehensive income decreased equity by 74,471,000.
- Other factors increased equity by 80,004,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-135.00 Million | -18.49% |
| Other Comprehensive Income | NT$-74.47 Million | -10.2% |
| Other Changes | NT$80.00 Million | +10.96% |
| Total Change | NT$- | -15.06% |
Book Value vs Market Value Analysis
This analysis compares Kayee International Group 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: 1.57x
- 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 2.28x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | NT$11.01 | NT$25.10 | x |
| 2015-12-31 | NT$16.98 | NT$25.10 | x |
| 2016-12-31 | NT$24.53 | NT$25.10 | x |
| 2017-12-31 | NT$32.84 | NT$25.10 | x |
| 2018-12-31 | NT$32.69 | NT$25.10 | x |
| 2019-12-31 | NT$29.90 | NT$25.10 | x |
| 2020-12-31 | NT$22.83 | NT$25.10 | x |
| 2021-12-31 | NT$19.91 | NT$25.10 | x |
| 2022-12-31 | NT$20.60 | NT$25.10 | x |
| 2023-12-31 | NT$18.87 | NT$25.10 | x |
| 2024-12-31 | NT$16.03 | NT$25.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kayee International Group 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): -18.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -44.71%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.36x
- Recent ROE (-18.49%) is below the historical average (15.47%), 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 | 43.54% | 14.29% | 2.07x | 1.47x | NT$151.88 Million |
| 2015 | -2.23% | -1.89% | 0.95x | 1.24x | NT$-87.00 Million |
| 2016 | 53.76% | 16.23% | 2.39x | 1.39x | NT$495.04 Million |
| 2017 | 56.34% | 15.29% | 2.74x | 1.34x | NT$704.82 Million |
| 2018 | 31.49% | 16.20% | 1.53x | 1.27x | NT$345.50 Million |
| 2019 | 16.72% | 10.53% | 1.26x | 1.26x | NT$95.03 Million |
| 2020 | 0.89% | 0.51% | 1.30x | 1.35x | NT$-95.60 Million |
| 2021 | -5.32% | -4.18% | 0.95x | 1.34x | NT$-138.97 Million |
| 2022 | 2.80% | 3.15% | 0.78x | 1.14x | NT$-67.58 Million |
| 2023 | -9.31% | -19.82% | 0.43x | 1.08x | NT$-165.96 Million |
| 2024 | -18.49% | -44.71% | 0.30x | 1.36x | NT$-208.01 Million |
Industry Comparison
This section compares Kayee International Group Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $10,077,602,143
- Average return on equity (ROE) among peers: -0.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kayee International Group Co Ltd (2939) | NT$581.32 Million | 43.54% | 0.43x | $36.02 Million |
| Lien Hwa Industrial Corp (1229) | $11.55 Billion | 7.99% | 0.30x | $2.33 Billion |
| Chung Fu Tex-International Corp (1435) | $1.35 Billion | -3.11% | 0.14x | $56.59 Million |
| Tatung Co (2371) | $28.66 Billion | -31.95% | 3.15x | $1.95 Billion |
| Radium Life Tech Co Ltd (2547) | $12.28 Billion | 3.31% | 3.56x | $337.53 Million |
| Eastern Media International Corp (2614) | $8.86 Billion | 0.00% | 1.00x | $208.27 Million |
| Billion Electric Co Ltd (3027) | $1.72 Billion | 2.31% | 0.92x | $75.58 Million |
| Eurocharm Holdings Co Ltd (5288) | $6.13 Billion | 18.63% | 0.24x | $364.68 Million |
About Kayee International Group Co Ltd
Yong Yi International Group Co., Ltd, through its subsidiaries, sale of kitchenware, household products, body care, electronic appliances and sports equipment in the United States, Europe, Asia, and internationally. The company offers lotion, cream, mask and moisturizing essence under the Jovclé brand; kitchen products under the Diamond Chef series, Graphelon series, Sizzling Pan series, Titan se… Read more