World Known MFG (Cayman) Limited
World Known MFG (Cayman) Limited manufactures and sells automobile and green energy parts in the United States, Asia, and internationally. The company offers diesel engine and air disc brake components for commercial vehicles; machined parts and components; energy saving and emission-reducing parts of commercial vehicle engine system, calipers, brake pad back plates, turbocharger elbows and acces… Read more
World Known MFG (Cayman) Limited (4581) - Net Assets
Latest net assets as of September 2025: NT$1.15 Billion TWD
Based on the latest financial reports, World Known MFG (Cayman) Limited (4581) has net assets worth NT$1.15 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$2.35 Billion) and total liabilities (NT$1.20 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$1.15 Billion |
| % of Total Assets | 49.04% |
| Annual Growth Rate | 7.32% |
| 5-Year Change | 31.37% |
| 10-Year Change | N/A |
| Growth Volatility | 7.75 |
World Known MFG (Cayman) Limited - Net Assets Trend (2016–2024)
This chart illustrates how World Known MFG (Cayman) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for World Known MFG (Cayman) Limited (2016–2024)
The table below shows the annual net assets of World Known MFG (Cayman) Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.15 Billion | +8.04% |
| 2023-12-31 | NT$1.06 Billion | +11.09% |
| 2022-12-31 | NT$956.41 Million | +8.73% |
| 2021-12-31 | NT$879.59 Million | +0.66% |
| 2020-12-31 | NT$873.81 Million | +17.34% |
| 2019-12-31 | NT$744.67 Million | +3.70% |
| 2018-12-31 | NT$718.13 Million | +17.91% |
| 2017-12-31 | NT$609.04 Million | -6.62% |
| 2016-12-31 | NT$652.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to World Known MFG (Cayman) Limited'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 46494700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$464.89 Million | 40.56% |
| Common Stock | NT$338.99 Million | 29.58% |
| Other Comprehensive Income | NT$7.82 Million | 0.68% |
| Other Components | NT$334.35 Million | 29.17% |
| Total Equity | NT$1.15 Billion | 100.00% |
World Known MFG (Cayman) Limited Competitors by Market Cap
The table below lists competitors of World Known MFG (Cayman) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genetec Technology Bhd
KLSE:0104
|
$23.40 Million |
|
Orexo AB (publ)
OTCQX:ORXOF
|
$23.41 Million |
|
Chian Hsing Forging Industrial Co Ltd
TWO:4528
|
$23.41 Million |
|
Carlos Casado
BA:CADO
|
$23.41 Million |
|
Cyan AG
XETRA:CYR
|
$23.39 Million |
|
Optivision Technology
TWO:3666
|
$23.39 Million |
|
Louisa Professional Coffee Ltd
TWO:2758
|
$23.36 Million |
|
Vikas Lifecare Limited
NSE:VIKASLIFE
|
$23.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Known MFG (Cayman) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,060,658,000 to 1,146,051,000, a change of 85,393,000 (8.1%).
- Net income of 170,194,000 contributed positively to equity growth.
- Dividend payments of 122,036,000 reduced retained earnings.
- Other comprehensive income increased equity by 37,234,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$170.19 Million | +14.85% |
| Dividends Paid | NT$122.04 Million | -10.65% |
| Other Comprehensive Income | NT$37.23 Million | +3.25% |
| Other Changes | NT$1.00 | +0.0% |
| Total Change | NT$- | 8.05% |
Book Value vs Market Value Analysis
This analysis compares World Known MFG (Cayman) Limited'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: 1.48x
- 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 2.29x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$21.74 | NT$49.85 | x |
| 2017-12-31 | NT$20.29 | NT$49.85 | x |
| 2018-12-31 | NT$23.88 | NT$49.85 | x |
| 2019-12-31 | NT$24.81 | NT$49.85 | x |
| 2020-12-31 | NT$26.25 | NT$49.85 | x |
| 2021-12-31 | NT$25.89 | NT$49.85 | x |
| 2022-12-31 | NT$28.11 | NT$49.85 | x |
| 2023-12-31 | NT$31.21 | NT$49.85 | x |
| 2024-12-31 | NT$33.72 | NT$49.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Known MFG (Cayman) Limited 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): 14.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.72%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.57x
- Recent ROE (14.85%) is above the historical average (14.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.60% | 20.49% | 0.59x | 1.30x | NT$36.52 Million |
| 2017 | 14.83% | 11.10% | 0.78x | 1.71x | NT$29.41 Million |
| 2018 | 20.61% | 13.48% | 0.95x | 1.61x | NT$76.14 Million |
| 2019 | 12.47% | 8.96% | 0.90x | 1.54x | NT$18.38 Million |
| 2020 | 7.85% | 7.94% | 0.65x | 1.52x | NT$-18.79 Million |
| 2021 | 9.19% | 8.04% | 0.73x | 1.56x | NT$-7.16 Million |
| 2022 | 11.84% | 11.07% | 0.63x | 1.71x | NT$17.60 Million |
| 2023 | 19.17% | 16.98% | 0.68x | 1.65x | NT$97.24 Million |
| 2024 | 14.85% | 15.72% | 0.60x | 1.57x | NT$55.59 Million |
Industry Comparison
This section compares World Known MFG (Cayman) Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Known MFG (Cayman) Limited (4581) | NT$1.15 Billion | 15.60% | 1.04x | $23.40 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |