B’IN Live Co Ltd
B'in Live Co., Ltd. operates as a show production company in Taiwan and internationally. The company engages in the provision of visual and multimedia, lightning, stage and set, and audio design services; and production of concerts, music festival/award ceremonies, online performance, exhibition forums, and new media. It also provides technical integration, and hardware and engineering coordinati… Read more
B’IN Live Co Ltd (6625) - Net Assets
Latest net assets as of September 2025: NT$1.72 Billion TWD
Based on the latest financial reports, B’IN Live Co Ltd (6625) has net assets worth NT$1.72 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$3.45 Billion) and total liabilities (NT$1.73 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$1.72 Billion |
| % of Total Assets | 49.88% |
| Annual Growth Rate | 27.48% |
| 5-Year Change | 54.95% |
| 10-Year Change | 704.87% |
| Growth Volatility | 50.37 |
B’IN Live Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how B’IN Live 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 B’IN Live Co Ltd (2014–2024)
The table below shows the annual net assets of B’IN Live Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.00 Billion | +16.38% |
| 2023-12-31 | NT$861.15 Million | +53.13% |
| 2022-12-31 | NT$562.37 Million | -2.42% |
| 2021-12-31 | NT$576.33 Million | -10.89% |
| 2020-12-31 | NT$646.79 Million | +5.51% |
| 2019-12-31 | NT$613.04 Million | -8.36% |
| 2018-12-31 | NT$668.93 Million | +58.83% |
| 2017-12-31 | NT$421.15 Million | +26.08% |
| 2016-12-31 | NT$334.04 Million | +168.27% |
| 2015-12-31 | NT$124.52 Million | +40.91% |
| 2014-12-31 | NT$88.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to B’IN Live 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 770.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$333.83 Million | 33.36% |
| Other Components | NT$666.94 Million | 66.64% |
| Total Equity | NT$1.00 Billion | 100.00% |
B’IN Live Co Ltd Competitors by Market Cap
The table below lists competitors of B’IN Live Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Source Energy Services Ltd
OTCGREY:SCEYF
|
$82.86 Million |
|
Dong Hai JSC of Bentre
VN:DHC
|
$82.88 Million |
|
Ate Energy International Co Ltd
TWO:6179
|
$82.93 Million |
|
Bank Ochrony Środowiska SA
WAR:BOS
|
$82.94 Million |
|
Bisalloy Steel Group Ltd
AU:BIS
|
$82.82 Million |
|
Savita Oil Technologies Limited
NSE:SOTL
|
$82.81 Million |
|
Rico Auto Industries Limited
NSE:RICOAUTO
|
$82.80 Million |
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$82.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B’IN Live Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 865,699,000 to 1,000,770,000, a change of 135,071,000 (15.6%).
- Net income of 284,416,000 contributed positively to equity growth.
- Dividend payments of 155,822,000 reduced retained earnings.
- Other comprehensive income decreased equity by 13,005,000.
- Other factors increased equity by 19,482,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$284.42 Million | +28.42% |
| Dividends Paid | NT$155.82 Million | -15.57% |
| Other Comprehensive Income | NT$-13.01 Million | -1.3% |
| Other Changes | NT$19.48 Million | +1.95% |
| Total Change | NT$- | 15.60% |
Book Value vs Market Value Analysis
This analysis compares B’IN Live 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: 3.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.35x to 3.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | NT$12.39 | NT$78.70 | x |
| 2015-12-31 | NT$3.89 | NT$78.70 | x |
| 2016-12-31 | NT$9.65 | NT$78.70 | x |
| 2017-12-31 | NT$11.55 | NT$78.70 | x |
| 2018-12-31 | NT$16.69 | NT$78.70 | x |
| 2019-12-31 | NT$15.37 | NT$78.70 | x |
| 2020-12-31 | NT$16.43 | NT$78.70 | x |
| 2021-12-31 | NT$13.02 | NT$78.70 | x |
| 2022-12-31 | NT$12.82 | NT$78.70 | x |
| 2023-12-31 | NT$17.73 | NT$78.70 | x |
| 2024-12-31 | NT$20.01 | NT$78.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B’IN Live 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): 28.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.04%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 1.97x
- Recent ROE (28.42%) is above the historical average (10.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 43.40% | 10.09% | 0.99x | 4.36x | NT$29.51 Million |
| 2015 | 13.67% | 2.76% | 1.13x | 4.38x | NT$4.57 Million |
| 2016 | 11.31% | 4.78% | 1.20x | 1.97x | NT$4.38 Million |
| 2017 | 9.91% | 3.76% | 1.50x | 1.76x | NT$-363.30K |
| 2018 | 12.93% | 6.02% | 1.34x | 1.60x | NT$19.44 Million |
| 2019 | 0.96% | 0.48% | 1.07x | 1.89x | NT$-54.66 Million |
| 2020 | -20.53% | -16.58% | 0.72x | 1.72x | NT$-196.08 Million |
| 2021 | -16.22% | -11.08% | 0.82x | 1.79x | NT$-150.16 Million |
| 2022 | -3.45% | -1.50% | 1.12x | 2.06x | NT$-75.94 Million |
| 2023 | 34.05% | 11.52% | 1.53x | 1.93x | NT$208.23 Million |
| 2024 | 28.42% | 9.04% | 1.60x | 1.97x | NT$184.34 Million |
Industry Comparison
This section compares B’IN Live Co Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,600,464,333
- Average return on equity (ROE) among peers: 2.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B’IN Live Co Ltd (6625) | NT$1.72 Billion | 43.40% | 1.00x | $82.82 Million |
| Deltamac Taiwan Co Ltd (6144) | $358.11 Million | -8.39% | 0.20x | $2.13 Million |
| Dafeng TV Ltd (6184) | $1.34 Billion | 19.54% | 0.15x | $70.87 Million |
| Taiwan Optical Platform Co Ltd (6464) | $8.29 Billion | 8.91% | 1.25x | $84.55 Million |
| Julien's International Entertainment Group (6595) | $149.78 Million | -40.69% | 0.68x | $30.80 Million |
| Kuang Hong Arts Management (6596) | $708.10 Million | 31.58% | 0.49x | $120.62 Million |
| Bossdom Digiinnovation Co., Ltd. (6622) | $513.37 Million | -1.14% | 0.72x | $5.35 Million |
| HIM International Music (8446) | $1.12 Billion | 25.11% | 1.14x | $83.18 Million |
| Pili International Multimedia Co Ltd (8450) | $1.76 Billion | 9.22% | 0.29x | $14.61 Million |
| 1 Production Film Co. (8458) | $167.32 Million | -21.15% | 0.37x | $4.67K |