Farglory FTZ Investment Holding Co Ltd
Farglory Free Trade Zone Investment Holding Co., Ltd., an investment holding company, provides free trade zone and logistics services in Taiwan. The company offers airline containers, pallets safekeeping, and warehousing services. It also engages in leasing of office space and factory building, as well as involved in construction related business. In addition, the company operates air cargo enter… Read more
Farglory FTZ Investment Holding Co Ltd (5607) - Net Assets
Latest net assets as of June 2025: NT$10.51 Billion TWD
Based on the latest financial reports, Farglory FTZ Investment Holding Co Ltd (5607) has net assets worth NT$10.51 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$27.18 Billion) and total liabilities (NT$16.67 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$10.51 Billion |
| % of Total Assets | 38.65% |
| Annual Growth Rate | 9.88% |
| 5-Year Change | 49.9% |
| 10-Year Change | 172.01% |
| Growth Volatility | 11.43 |
Farglory FTZ Investment Holding Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Farglory FTZ Investment Holding 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 Farglory FTZ Investment Holding Co Ltd (2002–2024)
The table below shows the annual net assets of Farglory FTZ Investment Holding Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.42 Billion | +4.33% |
| 2023-12-31 | NT$9.99 Billion | +25.05% |
| 2022-12-31 | NT$7.99 Billion | +8.32% |
| 2021-12-31 | NT$7.38 Billion | +6.07% |
| 2020-12-31 | NT$6.95 Billion | +5.92% |
| 2019-12-31 | NT$6.56 Billion | +41.56% |
| 2018-12-31 | NT$4.64 Billion | +5.83% |
| 2017-12-31 | NT$4.38 Billion | +7.39% |
| 2016-12-31 | NT$4.08 Billion | +6.48% |
| 2015-12-31 | NT$3.83 Billion | +4.96% |
| 2014-12-31 | NT$3.65 Billion | +6.28% |
| 2013-12-31 | NT$3.43 Billion | +7.01% |
| 2012-12-31 | NT$3.21 Billion | +4.77% |
| 2011-12-31 | NT$3.06 Billion | -6.50% |
| 2010-12-31 | NT$3.28 Billion | +0.96% |
| 2009-12-31 | NT$3.25 Billion | +2.91% |
| 2008-12-31 | NT$3.15 Billion | +2.64% |
| 2007-12-31 | NT$3.07 Billion | +21.88% |
| 2006-12-31 | NT$2.52 Billion | +13.07% |
| 2005-12-31 | NT$2.23 Billion | +23.98% |
| 2004-12-31 | NT$1.80 Billion | +34.56% |
| 2003-12-31 | NT$1.34 Billion | +1.84% |
| 2002-12-31 | NT$1.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Farglory FTZ Investment Holding 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 grown by 563.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.77 Billion | 16.98% |
| Other Components | NT$8.65 Billion | 83.02% |
| Total Equity | NT$10.42 Billion | 100.00% |
Farglory FTZ Investment Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Farglory FTZ Investment Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Logo Yazilim Sanayi ve Ticaret AS
IS:LOGO
|
$231.54 Million |
|
Shanghai Shine-Link Intl
SHG:603648
|
$231.59 Million |
|
Takara Leben Co. Ltd
F:TDI
|
$231.64 Million |
|
BAF Viet Nam Agriculture JSC
VN:BAF
|
$231.66 Million |
|
Sjóvá-Almennar tryggingar hf
IC:SJOVA
|
$231.48 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$231.46 Million |
|
NioCorp Developments Ltd.
F:BR30
|
$231.43 Million |
|
Veritone Inc
NASDAQ:VERI
|
$231.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Farglory FTZ Investment Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,989,796,000 to 10,422,605,000, a change of 432,809,000 (4.3%).
- Net income of 716,913,000 contributed positively to equity growth.
- Dividend payments of 302,739,000 reduced retained earnings.
- Other comprehensive income decreased equity by 793,403,000.
- Other factors increased equity by 812,038,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$716.91 Million | +6.88% |
| Dividends Paid | NT$302.74 Million | -2.9% |
| Other Comprehensive Income | NT$-793.40 Million | -7.61% |
| Other Changes | NT$812.04 Million | +7.79% |
| Total Change | NT$- | 4.33% |
Book Value vs Market Value Analysis
This analysis compares Farglory FTZ Investment Holding 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: 1.75x
- 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 3.58x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$13.74 | NT$49.25 | x |
| 2010-12-31 | NT$13.89 | NT$49.25 | x |
| 2011-12-31 | NT$12.86 | NT$49.25 | x |
| 2012-12-31 | NT$13.45 | NT$49.25 | x |
| 2013-12-31 | NT$14.37 | NT$49.25 | x |
| 2014-12-31 | NT$15.16 | NT$49.25 | x |
| 2015-12-31 | NT$15.88 | NT$49.25 | x |
| 2016-12-31 | NT$16.89 | NT$49.25 | x |
| 2017-12-31 | NT$18.07 | NT$49.25 | x |
| 2018-12-31 | NT$20.37 | NT$49.25 | x |
| 2019-12-31 | NT$26.25 | NT$49.25 | x |
| 2020-12-31 | NT$22.00 | NT$49.25 | x |
| 2021-12-31 | NT$23.26 | NT$49.25 | x |
| 2022-12-31 | NT$27.79 | NT$49.25 | x |
| 2023-12-31 | NT$30.17 | NT$49.25 | x |
| 2024-12-31 | NT$28.13 | NT$49.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Farglory FTZ Investment Holding 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): 6.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.69%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.57x
- Recent ROE (6.88%) is above the historical average (6.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.06% | 32.27% | 0.29x | 1.73x | NT$79.52 Million |
| 2003 | 9.38% | 20.38% | 0.24x | 1.93x | NT$-8.35 Million |
| 2004 | 11.66% | 27.07% | 0.21x | 2.06x | NT$23.57 Million |
| 2005 | 7.95% | 22.66% | 0.08x | 4.46x | NT$-32.43 Million |
| 2006 | 0.64% | 1.31% | 0.12x | 4.12x | NT$-189.70 Million |
| 2008 | 8.27% | 14.62% | 0.20x | 2.84x | NT$-45.59 Million |
| 2009 | -4.99% | -14.81% | 0.13x | 2.55x | NT$-412.22 Million |
| 2010 | -0.48% | -1.20% | 0.17x | 2.44x | NT$-291.28 Million |
| 2011 | 0.38% | 0.88% | 0.17x | 2.49x | NT$-247.47 Million |
| 2012 | 3.40% | 7.63% | 0.19x | 2.35x | NT$-177.49 Million |
| 2013 | 6.39% | 14.98% | 0.18x | 2.33x | NT$-103.83 Million |
| 2014 | 7.47% | 17.56% | 0.18x | 2.30x | NT$-76.85 Million |
| 2015 | 5.17% | 12.98% | 0.18x | 2.22x | NT$-153.46 Million |
| 2016 | 5.50% | 14.05% | 0.19x | 2.04x | NT$-152.07 Million |
| 2017 | 7.44% | 18.14% | 0.21x | 1.92x | NT$-92.72 Million |
| 2018 | 5.79% | 12.99% | 0.23x | 1.91x | NT$-160.64 Million |
| 2019 | 10.36% | 24.33% | 0.17x | 2.51x | NT$19.01 Million |
| 2020 | 8.15% | 24.18% | 0.13x | 2.65x | NT$-104.91 Million |
| 2021 | 9.55% | 22.49% | 0.13x | 3.18x | NT$-27.20 Million |
| 2022 | 13.72% | 34.27% | 0.15x | 2.72x | NT$297.00 Million |
| 2023 | 8.93% | 30.68% | 0.12x | 2.52x | NT$-106.78 Million |
| 2024 | 6.88% | 20.69% | 0.13x | 2.57x | NT$-325.35 Million |
Industry Comparison
This section compares Farglory FTZ Investment Holding Co Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,902,306,750
- Average return on equity (ROE) among peers: 16.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Farglory FTZ Investment Holding Co Ltd (5607) | NT$10.51 Billion | 16.06% | 1.59x | $231.53 Million |
| Sporton International (6146) | $4.07 Billion | 18.22% | 0.31x | $421.54 Million |
| Trade-Van Information Services Co (6183) | $1.87 Billion | 9.08% | 0.20x | $149.27 Million |
| ChainSea Information Integration Co.,Ltd. (6898) | $400.56 Million | 33.53% | 0.61x | $52.19 Million |
| Dong Fang Offshore Co., Ltd. (7786) | $5.17 Billion | 23.75% | 0.53x | $274.56 Million |
| Bai Sha Technology Co Ltd (8401) | $1.13 Billion | 15.15% | 0.37x | $36.67 Million |
| Transart Graphics Co Ltd (8481) | $1.00 Billion | 30.15% | 0.30x | $33.02 Million |
| Forward Graphic Enterprise Co Ltd (8906) | $363.96 Million | 0.68% | 1.98x | $25.75 Million |
| Choice Development Inc (9929) | $1.20 Billion | 0.00% | 2.93x | $10.77 Million |