Roo Hsing Co Ltd
Roo Hsing Co., Ltd engages in the manufacturing, processing, trading, and import and export of knitting, woven, cotton, wool, leather, and other garments in Taiwan. The company processes, trades, imports, and exports ready-made garment accessories. It acts as an agent for domestic and foreign companies for bids, quotes, procurement, and distribution. In addition, the company offers trousers, skir… Read more
Roo Hsing Co Ltd (4414) - Net Assets
Latest net assets as of September 2025: NT$4.28 Billion TWD
Based on the latest financial reports, Roo Hsing Co Ltd (4414) has net assets worth NT$4.28 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$12.64 Billion) and total liabilities (NT$8.37 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$4.28 Billion |
| % of Total Assets | 33.83% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | -60.12% |
| 10-Year Change | 276.75% |
| Growth Volatility | 205.66 |
Roo Hsing Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Roo Hsing 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 Roo Hsing Co Ltd (2002–2024)
The table below shows the annual net assets of Roo Hsing Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.30 Billion | +1.70% |
| 2023-12-31 | NT$4.23 Billion | -6.95% |
| 2022-12-31 | NT$4.55 Billion | -46.61% |
| 2021-12-31 | NT$8.52 Billion | -21.07% |
| 2020-12-31 | NT$10.79 Billion | -3.04% |
| 2019-12-31 | NT$11.13 Billion | -21.76% |
| 2018-12-31 | NT$14.23 Billion | +6.73% |
| 2017-12-31 | NT$13.33 Billion | +976.96% |
| 2016-12-31 | NT$1.24 Billion | +8.35% |
| 2015-12-31 | NT$1.14 Billion | -32.19% |
| 2014-12-31 | NT$1.68 Billion | +78.31% |
| 2013-12-31 | NT$944.88 Million | +39.48% |
| 2012-12-31 | NT$677.43 Million | +4.18% |
| 2011-12-31 | NT$650.23 Million | +58.62% |
| 2010-12-31 | NT$409.92 Million | -14.54% |
| 2009-12-31 | NT$479.67 Million | -31.85% |
| 2008-12-31 | NT$703.87 Million | -47.18% |
| 2007-12-31 | NT$1.33 Billion | -7.35% |
| 2006-12-31 | NT$1.44 Billion | +13.51% |
| 2005-12-31 | NT$1.27 Billion | +4.80% |
| 2004-12-31 | NT$1.21 Billion | -2.04% |
| 2003-12-31 | NT$1.23 Billion | +20.17% |
| 2002-12-31 | NT$1.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Roo Hsing 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 8922.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$9.58 Billion | 234.22% |
| Other Comprehensive Income | NT$236.60 Million | 5.79% |
| Other Components | NT$1.58 Billion | 38.57% |
| Total Equity | NT$4.09 Billion | 100.00% |
Roo Hsing Co Ltd Competitors by Market Cap
The table below lists competitors of Roo Hsing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR
|
$65.06 Million |
|
Pacific Lime and Cement Limited
AU:PLA
|
$65.06 Million |
|
TQM CORPORATION
BK:TQM-R
|
$65.07 Million |
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
$65.09 Million |
|
NELCO Limited
NSE:NELCO
|
$65.02 Million |
|
KWG Group Holdings Limited
PINK:KWGPF
|
$64.96 Million |
|
Bathurst Resources Limited
PINK:BTURF
|
$64.95 Million |
|
Microprogram Information Co.,Ltd
TW:7721
|
$64.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Roo Hsing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,850,533,000 to 4,088,458,000, a change of 237,925,000 (6.2%).
- Net income of 74,973,000 contributed positively to equity growth.
- New share issuances of 194,035,000 increased equity.
- Other comprehensive income decreased equity by 382,445,000.
- Other factors increased equity by 351,362,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$74.97 Million | +1.83% |
| Share Issuances | NT$194.03 Million | +4.75% |
| Other Comprehensive Income | NT$-382.44 Million | -9.35% |
| Other Changes | NT$351.36 Million | +8.59% |
| Total Change | NT$- | 6.18% |
Book Value vs Market Value Analysis
This analysis compares Roo Hsing 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: 0.65x
- 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.
- The price-to-book ratio has increased from 0.52x to 0.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$22.05 | NT$11.40 | x |
| 2010-12-31 | NT$6.52 | NT$11.40 | x |
| 2011-12-31 | NT$34.14 | NT$11.40 | x |
| 2012-12-31 | NT$24.62 | NT$11.40 | x |
| 2013-12-31 | NT$33.53 | NT$11.40 | x |
| 2014-12-31 | NT$54.33 | NT$11.40 | x |
| 2015-12-31 | NT$31.83 | NT$11.40 | x |
| 2016-12-31 | NT$32.29 | NT$11.40 | x |
| 2017-12-31 | NT$97.62 | NT$11.40 | x |
| 2018-12-31 | NT$58.18 | NT$11.40 | x |
| 2019-12-31 | NT$49.14 | NT$11.40 | x |
| 2020-12-31 | NT$47.07 | NT$11.40 | x |
| 2021-12-31 | NT$36.74 | NT$11.40 | x |
| 2022-12-31 | NT$18.15 | NT$11.40 | x |
| 2023-12-31 | NT$17.49 | NT$11.40 | x |
| 2024-12-31 | NT$17.49 | NT$11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Roo Hsing Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.50%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 3.25x
- Recent ROE (1.83%) is above the historical average (-11.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.74% | 2.17% | 1.08x | 2.89x | NT$-33.51 Million |
| 2003 | 6.30% | 2.43% | 1.06x | 2.45x | NT$-45.69 Million |
| 2004 | 7.25% | 2.49% | 1.01x | 2.88x | NT$-33.29 Million |
| 2005 | 0.89% | 0.31% | 1.03x | 2.75x | NT$-115.32 Million |
| 2009 | -58.04% | -12.41% | 0.85x | 5.51x | NT$-326.38 Million |
| 2010 | 1.22% | 0.20% | 1.02x | 6.13x | NT$-35.98 Million |
| 2011 | 12.32% | 2.97% | 0.97x | 4.30x | NT$15.11 Million |
| 2012 | 7.75% | 1.88% | 1.04x | 3.96x | NT$-15.22 Million |
| 2013 | 9.51% | 3.05% | 1.10x | 2.84x | NT$-4.64 Million |
| 2014 | 1.76% | 1.14% | 0.85x | 1.82x | NT$-137.14 Million |
| 2015 | -42.61% | -19.76% | 0.85x | 2.54x | NT$-599.91 Million |
| 2016 | -22.55% | -10.10% | 0.96x | 2.33x | NT$-402.96 Million |
| 2017 | -2.81% | -3.72% | 0.40x | 1.89x | NT$-1.71 Billion |
| 2018 | -3.64% | -2.71% | 0.66x | 2.03x | NT$-1.77 Billion |
| 2019 | -9.83% | -6.17% | 0.73x | 2.17x | NT$-2.11 Billion |
| 2020 | -1.11% | -0.66% | 0.78x | 2.15x | NT$-1.13 Billion |
| 2021 | -24.10% | -11.58% | 0.86x | 2.41x | NT$-2.70 Billion |
| 2022 | -111.46% | -25.24% | 1.14x | 3.88x | NT$-4.76 Billion |
| 2023 | -14.25% | -4.06% | 1.14x | 3.09x | NT$-933.67 Million |
| 2024 | 1.83% | 0.50% | 1.12x | 3.25x | NT$-333.87 Million |
Industry Comparison
This section compares Roo Hsing Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $4,305,364,778
- Average return on equity (ROE) among peers: 9.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Roo Hsing Co Ltd (4414) | NT$4.28 Billion | 6.74% | 1.96x | $65.02 Million |
| Tah Hsin Industrial Corp (1315) | $3.84 Billion | 6.99% | 0.54x | $112.20 Million |
| Tex-Ray Industrial Co Ltd (1467) | $1.78 Billion | 0.00% | 1.86x | $23.42 Million |
| Tainan Enterprises Co Ltd (1473) | $4.19 Billion | 5.35% | 0.64x | $52.82 Million |
| Eclat Textile Co Ltd (1476) | $8.12 Billion | 33.73% | 0.55x | $1.58 Billion |
| Makalot Industrial Co Ltd (1477) | $15.45 Billion | 22.76% | 0.58x | $1.92 Billion |
| Munsin Garment (2916) | $915.83 Million | 9.10% | 0.38x | $43.53 Million |
| Cayman Tung Ling Co Ltd (2924) | $644.14 Million | -15.03% | 0.69x | $8.00 Million |
| TOPBI International Holdings Ltd (2929) | $3.53 Billion | 23.72% | 0.58x | $18.49 Million |
| Est Global Apparel Co.Ltd (4413) | $294.23 Million | 2.11% | 0.41x | $11.04 Million |