Phoenix Tours International Inc
Phoenix Tours International, Inc. provides travel agency services in Taiwan. It offers tour packages, independent travel groups, domestic and overseas sightseeing tours, meals and accommodation, cruise vacation, rail service, online consultation, travel safety insurance, and related services. The company is also involved in providing tour guides to travelers both at home and abroad; sell of domes… Read more
Phoenix Tours International Inc (5706) - Net Assets
Latest net assets as of September 2025: NT$1.91 Billion TWD
Based on the latest financial reports, Phoenix Tours International Inc (5706) has net assets worth NT$1.91 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$3.36 Billion) and total liabilities (NT$1.45 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$1.91 Billion |
| % of Total Assets | 56.8% |
| Annual Growth Rate | 10.29% |
| 5-Year Change | 64.88% |
| 10-Year Change | 57.85% |
| Growth Volatility | 16.71 |
Phoenix Tours International Inc - Net Assets Trend (2002–2024)
This chart illustrates how Phoenix Tours International Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Phoenix Tours International Inc (2002–2024)
The table below shows the annual net assets of Phoenix Tours International Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.85 Billion | +26.43% |
| 2023-12-31 | NT$1.47 Billion | +20.84% |
| 2022-12-31 | NT$1.21 Billion | -13.16% |
| 2021-12-31 | NT$1.40 Billion | +24.26% |
| 2020-12-31 | NT$1.12 Billion | -2.83% |
| 2019-12-31 | NT$1.16 Billion | +5.76% |
| 2018-12-31 | NT$1.09 Billion | -1.46% |
| 2017-12-31 | NT$1.11 Billion | +8.85% |
| 2016-12-31 | NT$1.02 Billion | -13.15% |
| 2015-12-31 | NT$1.17 Billion | +0.46% |
| 2014-12-31 | NT$1.17 Billion | -7.09% |
| 2013-12-31 | NT$1.26 Billion | -1.05% |
| 2012-12-31 | NT$1.27 Billion | +2.72% |
| 2011-12-31 | NT$1.24 Billion | +15.79% |
| 2010-12-31 | NT$1.07 Billion | +21.46% |
| 2009-12-31 | NT$879.83 Million | +31.86% |
| 2008-12-31 | NT$667.27 Million | +41.73% |
| 2007-12-31 | NT$470.80 Million | +45.06% |
| 2006-12-31 | NT$324.54 Million | -1.73% |
| 2005-12-31 | NT$330.26 Million | +26.19% |
| 2004-12-31 | NT$261.73 Million | +24.97% |
| 2003-12-31 | NT$209.43 Million | -2.45% |
| 2002-12-31 | NT$214.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phoenix Tours International Inc'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 2863.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$380.32 Million | 21.10% |
| Common Stock | NT$810.82 Million | 44.98% |
| Other Comprehensive Income | NT$456.60 Million | 25.33% |
| Other Components | NT$154.99 Million | 8.60% |
| Total Equity | NT$1.80 Billion | 100.00% |
Phoenix Tours International Inc Competitors by Market Cap
The table below lists competitors of Phoenix Tours International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kolibri Global Energy Inc. Common stock
NASDAQ:KGEI
|
$84.65 Million |
|
180 Life Sciences Corp
NASDAQ:ATNF
|
$84.68 Million |
|
E-Lead Electronic Co Ltd
TW:2497
|
$84.71 Million |
|
Moens Bank A/S
CO:MNBA
|
$84.72 Million |
|
Oponeo.pl SA
WAR:OPN
|
$84.62 Million |
|
NIVIKA FASTIGHETER AB
F:Y5R
|
$84.62 Million |
|
Powercell Sweden
ST:PCELL
|
$84.61 Million |
|
De Licacy Industrial Co Ltd
TW:1464
|
$84.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phoenix Tours International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,421,121,000 to 1,802,730,000, a change of 381,609,000 (26.9%).
- Net income of 301,724,000 contributed positively to equity growth.
- Dividend payments of 146,292,000 reduced retained earnings.
- Other comprehensive income increased equity by 455,643,000.
- Other factors decreased equity by 229,466,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$301.72 Million | +16.74% |
| Dividends Paid | NT$146.29 Million | -8.12% |
| Other Comprehensive Income | NT$455.64 Million | +25.28% |
| Other Changes | NT$-229.47 Million | -12.73% |
| Total Change | NT$- | 26.85% |
Book Value vs Market Value Analysis
This analysis compares Phoenix Tours International Inc'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: 2.40x
- 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 5.19x to 2.40x 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$9.84 | NT$51.10 | x |
| 2010-12-31 | NT$10.87 | NT$51.10 | x |
| 2011-12-31 | NT$12.51 | NT$51.10 | x |
| 2012-12-31 | NT$12.96 | NT$51.10 | x |
| 2013-12-31 | NT$12.80 | NT$51.10 | x |
| 2014-12-31 | NT$11.93 | NT$51.10 | x |
| 2015-12-31 | NT$12.29 | NT$51.10 | x |
| 2016-12-31 | NT$11.15 | NT$51.10 | x |
| 2017-12-31 | NT$12.32 | NT$51.10 | x |
| 2018-12-31 | NT$12.37 | NT$51.10 | x |
| 2019-12-31 | NT$13.25 | NT$51.10 | x |
| 2020-12-31 | NT$12.92 | NT$51.10 | x |
| 2021-12-31 | NT$16.14 | NT$51.10 | x |
| 2022-12-31 | NT$14.03 | NT$51.10 | x |
| 2023-12-31 | NT$16.81 | NT$51.10 | x |
| 2024-12-31 | NT$21.30 | NT$51.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phoenix Tours International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.60%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.92x
- Recent ROE (16.74%) is above the historical average (13.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.81% | 6.27% | 0.51x | 1.51x | NT$-11.14 Million |
| 2003 | 5.68% | 9.01% | 0.35x | 1.79x | NT$-9.05 Million |
| 2004 | 19.84% | 22.91% | 0.49x | 1.76x | NT$25.77 Million |
| 2005 | 20.17% | 2.94% | 3.20x | 2.15x | NT$28.84 Million |
| 2006 | 16.85% | 2.23% | 3.25x | 2.33x | NT$22.19 Million |
| 2007 | 14.04% | 2.65% | 2.85x | 1.86x | NT$18.89 Million |
| 2008 | 11.98% | 3.44% | 1.88x | 1.85x | NT$12.61 Million |
| 2009 | 9.12% | 4.68% | 1.13x | 1.73x | NT$-7.43 Million |
| 2010 | 21.23% | 8.88% | 1.47x | 1.62x | NT$113.21 Million |
| 2011 | 15.15% | 6.23% | 1.61x | 1.51x | NT$60.53 Million |
| 2012 | 18.86% | 7.65% | 1.67x | 1.48x | NT$107.76 Million |
| 2013 | 15.36% | 5.94% | 1.75x | 1.47x | NT$64.49 Million |
| 2014 | 11.28% | 4.35% | 1.72x | 1.51x | NT$14.22 Million |
| 2015 | 17.78% | 6.69% | 1.77x | 1.50x | NT$87.11 Million |
| 2016 | 16.87% | 5.78% | 1.70x | 1.71x | NT$66.41 Million |
| 2017 | 15.02% | 5.82% | 1.43x | 1.81x | NT$52.94 Million |
| 2018 | 14.98% | 5.43% | 1.50x | 1.84x | NT$52.67 Million |
| 2019 | 17.54% | 6.68% | 1.19x | 2.20x | NT$85.43 Million |
| 2020 | 0.93% | 2.09% | 0.21x | 2.13x | NT$-99.34 Million |
| 2021 | 5.70% | 51.85% | 0.06x | 1.91x | NT$-58.67 Million |
| 2022 | -2.67% | -15.64% | 0.07x | 2.29x | NT$-150.21 Million |
| 2023 | 12.54% | 8.09% | 0.70x | 2.22x | NT$36.06 Million |
| 2024 | 16.74% | 9.60% | 0.91x | 1.92x | NT$121.45 Million |
Industry Comparison
This section compares Phoenix Tours International Inc's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $943,723,500
- Average return on equity (ROE) among peers: -0.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phoenix Tours International Inc (5706) | NT$1.91 Billion | 4.81% | 0.76x | $84.64 Million |
| TSG Star Travel Corp. (2719) | $297.01 Million | -35.19% | 0.00x | $9.25 Million |
| Lion Travel Service Co Ltd (2731) | $3.82 Billion | 36.43% | 1.48x | $321.02 Million |
| Ezfly International Travel Agent Co. Ltd. (2734) | $418.00 Million | 5.71% | 1.78x | $19.49 Million |
| Richmond International Travel & Tours Co Ltd (2743) | $469.99 Million | -11.16% | 0.61x | $75.04 Million |
| Li Kang Biomedical Co Ltd (6242) | $508.30 Million | 13.63% | 0.27x | $13.44 Million |
| Uni Travel Services Co., Ltd. (6961) | $146.83 Million | -9.95% | 0.20x | $16.32K |