Phoenix Tours International Inc (5706) - Net Assets
Based on the latest financial reports, Phoenix Tours International Inc (5706) has net assets worth NT$1.96 Billion TWD (≈ $61.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.27 Billion ≈ $102.99 Million USD) and total liabilities (NT$1.31 Billion ≈ $41.20 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 Phoenix Tours International Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.96 Billion |
| % of Total Assets | 60.0% |
| Annual Growth Rate | 10.1% |
| 5-Year Change | 40.45% |
| 10-Year Change | 92.39% |
| Growth Volatility | 16.38 |
Phoenix Tours International Inc - Net Assets Trend (2002–2025)
This chart illustrates how Phoenix Tours International Inc's net assets have evolved over time, based on quarterly financial data. Also explore 5706 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Phoenix Tours International Inc (2002–2025)
The table below shows the annual net assets of Phoenix Tours International Inc from 2002 to 2025. For live valuation and market cap data, see 5706 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.96 Billion ≈ $61.79 Million |
+5.85% |
| 2024-12-31 | NT$1.85 Billion ≈ $58.38 Million |
+26.43% |
| 2023-12-31 | NT$1.47 Billion ≈ $46.17 Million |
+20.84% |
| 2022-12-31 | NT$1.21 Billion ≈ $38.21 Million |
-13.16% |
| 2021-12-31 | NT$1.40 Billion ≈ $44.00 Million |
+24.26% |
| 2020-12-31 | NT$1.12 Billion ≈ $35.41 Million |
-2.83% |
| 2019-12-31 | NT$1.16 Billion ≈ $36.44 Million |
+5.76% |
| 2018-12-31 | NT$1.09 Billion ≈ $34.45 Million |
-1.46% |
| 2017-12-31 | NT$1.11 Billion ≈ $34.96 Million |
+8.85% |
| 2016-12-31 | NT$1.02 Billion ≈ $32.12 Million |
-13.15% |
| 2015-12-31 | NT$1.17 Billion ≈ $36.98 Million |
+0.46% |
| 2014-12-31 | NT$1.17 Billion ≈ $36.82 Million |
-7.09% |
| 2013-12-31 | NT$1.26 Billion ≈ $39.62 Million |
-1.05% |
| 2012-12-31 | NT$1.27 Billion ≈ $40.05 Million |
+2.72% |
| 2011-12-31 | NT$1.24 Billion ≈ $38.98 Million |
+15.79% |
| 2010-12-31 | NT$1.07 Billion ≈ $33.67 Million |
+21.46% |
| 2009-12-31 | NT$879.83 Million ≈ $27.72 Million |
+31.86% |
| 2008-12-31 | NT$667.27 Million ≈ $21.02 Million |
+41.73% |
| 2007-12-31 | NT$470.80 Million ≈ $14.83 Million |
+45.06% |
| 2006-12-31 | NT$324.54 Million ≈ $10.22 Million |
-1.73% |
| 2005-12-31 | NT$330.26 Million ≈ $10.41 Million |
+26.19% |
| 2004-12-31 | NT$261.73 Million ≈ $8.25 Million |
+24.97% |
| 2003-12-31 | NT$209.43 Million ≈ $6.60 Million |
-2.45% |
| 2002-12-31 | NT$214.68 Million ≈ $6.76 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 3901.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$513.46 Million | 26.87% |
| Common Stock | NT$849.11 Million | 44.43% |
| Other Comprehensive Income | NT$366.62 Million | 19.18% |
| Other Components | NT$181.78 Million | 9.51% |
| Total Equity | NT$1.91 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 |
|---|---|
|
Seoyon Co Ltd
KO:007860
|
$137.55 Million |
|
Chin Hung Int'
KO:002780
|
$137.57 Million |
|
DongKook Pharmaceutical Co. Ltd
KQ:086450
|
$137.60 Million |
|
AMREP Corporation
NYSE:AXR
|
$137.62 Million |
|
mPLUS Corp
KQ:259630
|
$137.50 Million |
|
Tecogen Inc.
NYSE:TGEN
|
$137.47 Million |
|
TRUFIN PLC
F:29U
|
$137.43 Million |
|
First Farms A/S
CO:FFARMS
|
$137.41 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 2024 to 2025, total equity changed from 1,802,730,000 to 1,910,968,000, a change of 108,238,000 (6.0%).
- Net income of 287,660,000 contributed positively to equity growth.
- Dividend payments of 222,386,000 reduced retained earnings.
- New share issuances of 11,946,000 increased equity.
- Other comprehensive income decreased equity by 89,984,000.
- Other factors increased equity by 121,002,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$287.66 Million | +15.05% |
| Dividends Paid | NT$222.39 Million | -11.64% |
| Share Issuances | NT$11.95 Million | +0.63% |
| Other Comprehensive Income | NT$-89.98 Million | -4.71% |
| Other Changes | NT$121.00 Million | +6.33% |
| Total Change | NT$- | 6.00% |
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: 2.29x
- 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 5.22x to 2.29x 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$51.40 | x |
| 2010-12-31 | NT$10.87 | NT$51.40 | x |
| 2011-12-31 | NT$12.51 | NT$51.40 | x |
| 2012-12-31 | NT$12.96 | NT$51.40 | x |
| 2013-12-31 | NT$12.80 | NT$51.40 | x |
| 2014-12-31 | NT$11.93 | NT$51.40 | x |
| 2015-12-31 | NT$12.29 | NT$51.40 | x |
| 2016-12-31 | NT$11.15 | NT$51.40 | x |
| 2017-12-31 | NT$12.32 | NT$51.40 | x |
| 2018-12-31 | NT$12.37 | NT$51.40 | x |
| 2019-12-31 | NT$13.25 | NT$51.40 | x |
| 2020-12-31 | NT$12.92 | NT$51.40 | x |
| 2021-12-31 | NT$16.14 | NT$51.40 | x |
| 2022-12-31 | NT$14.03 | NT$51.40 | x |
| 2023-12-31 | NT$16.81 | NT$51.40 | x |
| 2024-12-31 | NT$21.30 | NT$51.40 | x |
| 2025-12-31 | NT$22.47 | NT$51.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phoenix Tours International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.17%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.71x
- Recent ROE (15.05%) is above the historical average (13.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.81% | 6.27% | 0.51x | 1.51x | NT$-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 |
| 2025 | 15.05% | 9.17% | 0.96x | 1.71x | NT$96.56 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: $961,059,333
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phoenix Tours International Inc (5706) | NT$1.96 Billion | 4.81% | 0.67x | $137.50 Million |
| Lion Travel Service Co Ltd (2731) | $2.26 Billion | 9.69% | 2.88x | $468.73 Million |
| Richmond International Travel & Tours Co Ltd (2743) | $533.28 Million | 10.78% | 1.83x | $103.10 Million |
| Li Kang Biomedical Co Ltd (6242) | $85.12 Million | 0.00% | 0.73x | $37.98 Million |
About 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