Fy Grp Ltd
FY Group Ltd. engages in the research, development, manufacture, and sale of indoor furniture in the United States, Asia, and internationally. It offers sofas, beds, chairs, sofa covers, leather products and accessories, and solid wood furniture. The company was founded in 2019 and is based in Taipei, Taiwan.
Fy Grp Ltd (6807) - Net Assets
Latest net assets as of September 2025: NT$2.45 Billion TWD
Based on the latest financial reports, Fy Grp Ltd (6807) has net assets worth NT$2.45 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$3.50 Billion) and total liabilities (NT$1.05 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$2.45 Billion |
| % of Total Assets | 69.97% |
| Annual Growth Rate | 37.82% |
| 5-Year Change | 78.49% |
| 10-Year Change | N/A |
| Growth Volatility | 65.75 |
Fy Grp Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Fy Grp 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 Fy Grp Ltd (2019–2024)
The table below shows the annual net assets of Fy Grp Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.58 Billion | +22.35% |
| 2023-12-31 | NT$2.11 Billion | +6.43% |
| 2022-12-31 | NT$1.98 Billion | +29.89% |
| 2021-12-31 | NT$1.52 Billion | +5.53% |
| 2020-12-31 | NT$1.44 Billion | +178.75% |
| 2019-12-31 | NT$517.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fy Grp 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 36.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$794.35 Million | 30.84% |
| Common Stock | NT$540.00 Million | 20.97% |
| Other Components | NT$1.24 Billion | 48.19% |
| Total Equity | NT$2.58 Billion | 100.00% |
Fy Grp Ltd Competitors by Market Cap
The table below lists competitors of Fy Grp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moda-InnoChips Co. Ltd
KQ:080420
|
$15.20 Million |
|
Digital Workforce Services Oyj
HE:DWF
|
$15.21 Million |
|
Thitikorn Public Company Limited
BK:TK
|
$15.21 Million |
|
Cobalt Blue Holdings Ltd
PINK:CBBHF
|
$15.21 Million |
|
Alpine Select AG
SW:ALPN
|
$15.20 Million |
|
Hanryu Holdings, Inc. Common Stock
NASDAQ:HRYU
|
$15.20 Million |
|
Green Packet Bhd
KLSE:0082
|
$15.20 Million |
|
Enero Group Ltd
AU:EGG
|
$15.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fy Grp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,105,233,000 to 2,575,650,000, a change of 470,417,000 (22.3%).
- Net income of 479,492,000 contributed positively to equity growth.
- Dividend payments of 140,400,000 reduced retained earnings.
- Other comprehensive income decreased equity by 67,767,000.
- Other factors increased equity by 199,092,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$479.49 Million | +18.62% |
| Dividends Paid | NT$140.40 Million | -5.45% |
| Other Comprehensive Income | NT$-67.77 Million | -2.63% |
| Other Changes | NT$199.09 Million | +7.73% |
| Total Change | NT$- | 22.35% |
Book Value vs Market Value Analysis
This analysis compares Fy Grp 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: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.42x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$103.54 | NT$43.85 | x |
| 2020-12-31 | NT$282.45 | NT$43.85 | x |
| 2021-12-31 | NT$33.84 | NT$43.85 | x |
| 2022-12-31 | NT$38.22 | NT$43.85 | x |
| 2023-12-31 | NT$38.67 | NT$43.85 | x |
| 2024-12-31 | NT$47.43 | NT$43.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fy Grp 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): 18.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.59%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.55x
- Recent ROE (18.62%) is above the historical average (17.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 38.02% | 5.70% | 1.51x | 4.41x | NT$145.06 Million |
| 2020 | 13.27% | 6.48% | 1.15x | 1.78x | NT$47.20 Million |
| 2021 | 13.92% | 5.08% | 1.40x | 1.97x | NT$59.68 Million |
| 2022 | 8.50% | 3.99% | 1.39x | 1.53x | NT$-29.74 Million |
| 2023 | 11.30% | 6.35% | 1.15x | 1.54x | NT$27.40 Million |
| 2024 | 18.62% | 9.59% | 1.25x | 1.55x | NT$221.93 Million |
Industry Comparison
This section compares Fy Grp Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,453,089,600
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fy Grp Ltd (6807) | NT$2.45 Billion | 38.02% | 0.43x | $15.20 Million |
| Zeng Hsing Industrial Co Ltd (1558) | $8.23 Billion | 5.97% | 0.53x | $159.60 Million |
| Sampo Corp (1604) | $7.48 Billion | 1.91% | 0.73x | $194.91 Million |
| China Electric Manufacturing Corp (1611) | $4.56 Billion | 1.75% | 0.29x | $96.73 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.17 Billion | 4.11% | 0.26x | $126.91 Million |
| Airmate Cayman International Co Ltd (1626) | $2.22 Billion | 22.35% | 2.06x | $26.74 Million |
| Hocheng Corp (1810) | $6.31 Billion | 3.21% | 0.80x | $119.59 Million |
| King Slide Works Co Ltd (2059) | $28.04 Billion | 35.08% | 0.25x | $5.64 Billion |
| Fortune Oriental Co Ltd (2491) | $724.35 Million | 5.40% | 1.92x | $24.92 Million |
| Bedding World Co., Ltd. (2938) | $492.43 Million | 17.07% | 2.01x | $3.06 Million |
| Ado Optronics (3516) | $1.30 Billion | 3.37% | 0.48x | $15.82 Million |