San Neng Group Holdings Co Ltd
San Neng Group Holdings Co., LTD., through its subsidiaries, engages in the manufacture, processing, and sale of baking equipment and peripheral products in Taiwan, Mainland China, Japan, and internationally. The company offers baking trays, cake molds, chocolate fork, display tray, plastic basket, cake stand, knife, loaf pan, thermometer, stainless steel measuring, rings, multi links, plastic ex… Read more
San Neng Group Holdings Co Ltd (6671) - Net Assets
Latest net assets as of September 2025: NT$1.67 Billion TWD
Based on the latest financial reports, San Neng Group Holdings Co Ltd (6671) has net assets worth NT$1.67 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$2.12 Billion) and total liabilities (NT$445.42 Million). 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$1.67 Billion |
| % of Total Assets | 78.99% |
| Annual Growth Rate | 6.14% |
| 5-Year Change | 7.18% |
| 10-Year Change | N/A |
| Growth Volatility | 11.02 |
San Neng Group Holdings Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how San Neng Group Holdings 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 San Neng Group Holdings Co Ltd (2015–2024)
The table below shows the annual net assets of San Neng Group Holdings Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.80 Billion | +5.12% |
| 2023-12-31 | NT$1.71 Billion | +1.61% |
| 2022-12-31 | NT$1.69 Billion | -0.65% |
| 2021-12-31 | NT$1.70 Billion | +1.00% |
| 2020-12-31 | NT$1.68 Billion | +3.50% |
| 2019-12-31 | NT$1.62 Billion | -1.00% |
| 2018-12-31 | NT$1.64 Billion | +14.78% |
| 2017-12-31 | NT$1.43 Billion | +0.43% |
| 2016-12-31 | NT$1.42 Billion | +35.05% |
| 2015-12-31 | NT$1.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to San Neng Group Holdings 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 decreased by 15.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$624.53 Million | 34.95% |
| Common Stock | NT$607.50 Million | 34.00% |
| Other Comprehensive Income | NT$-94.11 Million | -5.27% |
| Other Components | NT$648.90 Million | 36.32% |
| Total Equity | NT$1.79 Billion | 100.00% |
San Neng Group Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of San Neng Group Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENVIONEER Co.Ltd
KQ:317870
|
$31.50 Million |
|
Kimteks Poliuretan Sanayi ve Ticaret AS
IS:KMPUR
|
$31.51 Million |
|
Formosa Prosonic Industries
KLSE:9172
|
$31.51 Million |
|
Enad Global 7 AB (publ)
PINK:ENADF
|
$31.51 Million |
|
CSU Digital S.A.
SA:CSUD3
|
$31.48 Million |
|
Bali Bintang Sejahtera Tbk PT
JK:BOLA
|
$31.48 Million |
|
Alcadon Group AB
ST:ALCA
|
$31.47 Million |
|
RingNet Co. Ltd
KQ:042500
|
$31.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in San Neng Group Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,702,053,000 to 1,786,823,000, a change of 84,770,000 (5.0%).
- Net income of 193,339,000 contributed positively to equity growth.
- Dividend payments of 151,875,000 reduced retained earnings.
- Other comprehensive income increased equity by 43,222,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$193.34 Million | +10.82% |
| Dividends Paid | NT$151.88 Million | -8.5% |
| Other Comprehensive Income | NT$43.22 Million | +2.42% |
| Other Changes | NT$84.00K | +0.0% |
| Total Change | NT$- | 4.98% |
Book Value vs Market Value Analysis
This analysis compares San Neng Group Holdings 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: 1.08x
- 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 1.31x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | NT$23.96 | NT$31.45 | x |
| 2016-12-31 | NT$31.81 | NT$31.45 | x |
| 2017-12-31 | NT$26.31 | NT$31.45 | x |
| 2018-12-31 | NT$29.97 | NT$31.45 | x |
| 2019-12-31 | NT$26.53 | NT$31.45 | x |
| 2020-12-31 | NT$27.36 | NT$31.45 | x |
| 2021-12-31 | NT$27.62 | NT$31.45 | x |
| 2022-12-31 | NT$27.39 | NT$31.45 | x |
| 2023-12-31 | NT$27.79 | NT$31.45 | x |
| 2024-12-31 | NT$29.16 | NT$31.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently San Neng Group Holdings 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): 10.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.48%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.31x
- Recent ROE (10.82%) is below the historical average (15.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 33.85% | 16.83% | 1.07x | 1.88x | NT$251.31 Million |
| 2016 | 22.56% | 15.38% | 0.90x | 1.63x | NT$177.85 Million |
| 2017 | 17.10% | 12.01% | 0.96x | 1.48x | NT$101.29 Million |
| 2018 | 10.90% | 9.39% | 0.85x | 1.37x | NT$14.79 Million |
| 2019 | 11.70% | 9.97% | 0.86x | 1.37x | NT$27.39 Million |
| 2020 | 13.30% | 11.61% | 0.84x | 1.36x | NT$55.17 Million |
| 2021 | 12.58% | 10.29% | 0.88x | 1.38x | NT$43.62 Million |
| 2022 | 8.81% | 7.93% | 0.84x | 1.32x | NT$-19.96 Million |
| 2023 | 10.32% | 9.21% | 0.87x | 1.29x | NT$5.40 Million |
| 2024 | 10.82% | 9.48% | 0.87x | 1.31x | NT$14.66 Million |
Industry Comparison
This section compares San Neng Group Holdings Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $2,220,549,500
- Average return on equity (ROE) among peers: 4.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| San Neng Group Holdings Co Ltd (6671) | NT$1.67 Billion | 33.85% | 0.27x | $31.49 Million |
| Farcent Enterprise Co Ltd (1730) | $1.11 Billion | 10.36% | 0.53x | $50.96 Million |
| Mao Bao Inc (1732) | $464.20 Million | 5.44% | 0.28x | $15.99 Million |
| Taiyen Biotech Co Ltd (1737) | $6.57 Billion | 3.19% | 0.05x | $103.31 Million |
| Sanitar Co Ltd (1817) | $1.49 Billion | 15.47% | 0.23x | $56.41 Million |
| Shihlin Paper Corp (1903) | $4.58 Billion | 0.00% | 0.72x | $268.57 Million |
| Jia Wei Lifestyle Inc (3557) | $778.16 Million | -13.00% | 0.45x | $39.15 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $176.21 Million |
| Jourdeness Group Ltd (4190) | $1.77 Billion | -16.49% | 3.17x | $20.26 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $398.69 Million | -4.73% | 0.12x | $39.19 Million |
| Nan Liu Enterprise Co Ltd (6504) | $929.70 Million | 15.00% | 2.02x | $37.29 Million |