Tigerair Taiwan Co. Ltd.
Tigerair Taiwan Co., Ltd. engages in air transport, passenger and cargo routes, and ground handling business in Taiwan. Tigerair Taiwan Co., Ltd. was founded in 2014 and is based in Taoyuan City, Taiwan. Tigerair Taiwan Co., Ltd. operates as a subsidiary of China Airlines, Ltd.
Tigerair Taiwan Co. Ltd. (6757) - Net Assets
Latest net assets as of September 2025: NT$6.82 Billion TWD
Based on the latest financial reports, Tigerair Taiwan Co. Ltd. (6757) has net assets worth NT$6.82 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$26.59 Billion) and total liabilities (NT$19.77 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$6.82 Billion |
| % of Total Assets | 25.66% |
| Annual Growth Rate | -10.57% |
| 5-Year Change | 151.11% |
| 10-Year Change | N/A |
| Growth Volatility | 159.38 |
Tigerair Taiwan Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Tigerair Taiwan 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 Tigerair Taiwan Co. Ltd. (2019–2024)
The table below shows the annual net assets of Tigerair Taiwan Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.63 Billion | +80.35% |
| 2023-12-31 | NT$4.23 Billion | +356.88% |
| 2022-12-31 | NT$925.57 Million | -75.45% |
| 2021-12-31 | NT$3.77 Billion | +24.13% |
| 2020-12-31 | NT$3.04 Billion | -77.23% |
| 2019-12-31 | NT$13.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tigerair Taiwan 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 208.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.50 Billion | 32.76% |
| Common Stock | NT$4.60 Billion | 60.25% |
| Other Comprehensive Income | NT$-1.39 Million | -0.02% |
| Other Components | NT$534.38 Million | 7.01% |
| Total Equity | NT$7.63 Billion | 100.00% |
Tigerair Taiwan Co. Ltd. Competitors by Market Cap
The table below lists competitors of Tigerair Taiwan Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing CIGU Technology Corp. Ltd. A
SHG:688448
|
$248.50 Million |
|
Almendral
SN:ALMENDRAL
|
$248.51 Million |
|
Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176
|
$248.51 Million |
|
Arbonia AG
SW:ARBN
|
$248.51 Million |
|
Alpine Banks of Colorado
OTCQX:ALPIB
|
$248.47 Million |
|
Kumba Iron Ore Ltd PK
PINK:KIROY
|
$248.39 Million |
|
Jilin Expressway Co Ltd
SHG:601518
|
$248.35 Million |
|
Dimerco Express
TWO:5609
|
$248.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tigerair Taiwan Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,228,774,000 to 7,626,671,000, a change of 3,397,897,000 (80.4%).
- Net income of 2,771,783,000 contributed positively to equity growth.
- New share issuances of 578,470,000 increased equity.
- Other comprehensive income increased equity by 782,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.77 Billion | +36.34% |
| Share Issuances | NT$578.47 Million | +7.58% |
| Other Comprehensive Income | NT$782.00K | +0.01% |
| Other Changes | NT$46.86 Million | +0.61% |
| Total Change | NT$- | 80.35% |
Book Value vs Market Value Analysis
This analysis compares Tigerair Taiwan 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: 3.17x
- 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 3.85x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$14.00 | NT$53.90 | x |
| 2020-12-31 | NT$13.22 | NT$53.90 | x |
| 2021-12-31 | NT$11.56 | NT$53.90 | x |
| 2022-12-31 | NT$2.24 | NT$53.90 | x |
| 2023-12-31 | NT$9.86 | NT$53.90 | x |
| 2024-12-31 | NT$16.99 | NT$53.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tigerair Taiwan 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): 36.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.88%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.93x
- Recent ROE (36.34%) is above the historical average (-50.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 28.86% | 8.50% | 0.71x | 4.76x | NT$528.48 Million |
| 2020 | -45.14% | -72.90% | 0.16x | 3.85x | NT$-1.67 Billion |
| 2021 | -60.20% | -929.22% | 0.02x | 3.56x | NT$-2.65 Billion |
| 2022 | -307.90% | -216.74% | 0.09x | 15.63x | NT$-2.94 Billion |
| 2023 | 43.20% | 14.65% | 0.69x | 4.27x | NT$1.40 Billion |
| 2024 | 36.34% | 16.88% | 0.73x | 2.93x | NT$2.01 Billion |
Industry Comparison
This section compares Tigerair Taiwan Co. Ltd.'s net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $68,108,744,000
- Average return on equity (ROE) among peers: 11.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tigerair Taiwan Co. Ltd. (6757) | NT$6.82 Billion | 28.86% | 2.90x | $248.48 Million |
| Eva Airways Corp (2618) | $131.74 Billion | 22.02% | 1.68x | $4.62 Billion |
| STARLUX Airlines Co. Ltd. (2646) | $4.47 Billion | 0.00% | 3.06x | $869.57 Million |