Lai Yih Footwear Co., Ltd.
Lai Yih Footwear Co., Ltd. produces and sells vulcanized shoes, athletic footwear, cold-pressed shoes, and specialized functional footwear. The company also manufactures and sells sports and leisure outdoor shoes, fabrics and shoe materials and other related products. The company was founded in 1987 and is headquartered in Taichung, Taiwan.
Lai Yih Footwear Co., Ltd. (6890) - Net Assets
Latest net assets as of September 2025: NT$23.10 Billion TWD
Based on the latest financial reports, Lai Yih Footwear Co., Ltd. (6890) has net assets worth NT$23.10 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$31.26 Billion) and total liabilities (NT$8.16 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$23.10 Billion |
| % of Total Assets | 73.91% |
| Annual Growth Rate | 10.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.12 |
Lai Yih Footwear Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Lai Yih Footwear 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 Lai Yih Footwear Co., Ltd. (2020–2024)
The table below shows the annual net assets of Lai Yih Footwear Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$25.33 Billion | +35.26% |
| 2023-12-31 | NT$18.73 Billion | +0.81% |
| 2022-12-31 | NT$18.58 Billion | +16.99% |
| 2021-12-31 | NT$15.88 Billion | -6.67% |
| 2020-12-31 | NT$17.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lai Yih Footwear 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 125.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.04 Billion | 24.77% |
| Common Stock | NT$2.49 Billion | 10.22% |
| Other Comprehensive Income | NT$539.59 Million | 2.21% |
| Other Components | NT$15.32 Billion | 62.80% |
| Total Equity | NT$24.40 Billion | 100.00% |
Lai Yih Footwear Co., Ltd. Competitors by Market Cap
The table below lists competitors of Lai Yih Footwear Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NXAGF
PINK:NXAGF
|
$627.73 Million |
|
HELLENiQ ENERGY Holdings S.A.
PINK:HLPXF
|
$627.93 Million |
|
Zhejiang Huangma Technology Co Ltd
SHG:603181
|
$627.98 Million |
|
Jubilant Pharmova Limited
NSE:JUBLPHARMA
|
$628.34 Million |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
$627.40 Million |
|
Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284
|
$627.27 Million |
|
Shanghai Milkground Food Tech Co Ltd
SHG:600882
|
$626.85 Million |
|
ERAMET S.A
PINK:ERMAF
|
$626.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lai Yih Footwear Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,745,185,000 to 24,400,136,000, a change of 6,654,951,000 (37.5%).
- Net income of 3,818,318,000 contributed positively to equity growth.
- Dividend payments of 660,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 539,589,999.
- Other factors increased equity by 2,957,043,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.82 Billion | +15.65% |
| Dividends Paid | NT$660.00 Million | -2.7% |
| Other Comprehensive Income | NT$539.59 Million | +2.21% |
| Other Changes | NT$2.96 Billion | +12.12% |
| Total Change | NT$- | 37.50% |
Book Value vs Market Value Analysis
This analysis compares Lai Yih Footwear 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: 1.69x
- 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 2.38x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$73.23 | NT$174.00 | x |
| 2021-12-31 | NT$68.10 | NT$174.00 | x |
| 2022-12-31 | NT$79.81 | NT$174.00 | x |
| 2023-12-31 | NT$80.60 | NT$174.00 | x |
| 2024-12-31 | NT$102.97 | NT$174.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lai Yih Footwear 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): 15.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.13%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.40x
- Recent ROE (15.65%) 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 |
|---|---|---|---|---|---|
| 2020 | 12.83% | 8.04% | 1.11x | 1.44x | NT$455.15 Million |
| 2021 | 1.47% | 1.11% | 0.86x | 1.55x | NT$-1.28 Billion |
| 2022 | 14.27% | 7.99% | 1.23x | 1.45x | NT$749.60 Million |
| 2023 | 7.77% | 4.92% | 1.05x | 1.50x | NT$-396.25 Million |
| 2024 | 15.65% | 10.13% | 1.11x | 1.40x | NT$1.38 Billion |
Industry Comparison
This section compares Lai Yih Footwear Co., Ltd.'s net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $21,605,195,444
- Average return on equity (ROE) among peers: 1.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lai Yih Footwear Co., Ltd. (6890) | NT$23.10 Billion | 12.83% | 0.35x | $627.58 Million |
| Victory New Materials Ltd Co (1340) | $1.81 Billion | 28.98% | 0.17x | $23.54 Million |
| Hsinli Chemical Industrial (4303) | $947.35 Million | 14.44% | 0.33x | $147.13 Million |
| Sports Gear Co. Ltd (6768) | $11.15 Billion | 9.40% | 0.60x | $178.45 Million |
| Paiho Shih Holdings Corp (8404) | $3.85 Billion | 6.03% | 0.35x | $91.63 Million |
| Shui-Mu International Co Ltd (8443) | $1.57 Billion | -3.72% | 0.47x | $13.98 Million |
| Fulgent Sun International Holding Co Ltd (9802) | $6.24 Billion | 12.86% | 0.51x | $486.28 Million |
| Pou Chen Corp (9904) | $158.38 Billion | 8.16% | 0.91x | $1.95 Billion |
| Feng Tay Enterprises Co Ltd (9910) | $10.17 Billion | 9.14% | 0.32x | $1.01 Billion |
| Eminent Luggage Corporation (9950) | $323.66 Million | -69.06% | 12.44x | $16.84 Million |