Kingcan Holdings Ltd
Kingcan Holdings Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of various metal packaging containers and filling and canning in China and internationally. It also engages in trading; food cans to beverage and food manufacturers; beverage filling and bottling services; and canned filling OEM activities. Kingcan Holdings Limited was founded in … Read more
Kingcan Holdings Ltd (8411) - Net Assets
Latest net assets as of September 2025: NT$5.66 Billion TWD
Based on the latest financial reports, Kingcan Holdings Ltd (8411) has net assets worth NT$5.66 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$13.45 Billion) and total liabilities (NT$7.79 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$5.66 Billion |
| % of Total Assets | 42.07% |
| Annual Growth Rate | 9.14% |
| 5-Year Change | 12.66% |
| 10-Year Change | 0.32% |
| Growth Volatility | 16.78 |
Kingcan Holdings Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Kingcan Holdings 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 Kingcan Holdings Ltd (2007–2024)
The table below shows the annual net assets of Kingcan Holdings Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.01 Billion | +1.94% |
| 2023-12-31 | NT$5.90 Billion | -1.72% |
| 2022-12-31 | NT$6.00 Billion | +2.36% |
| 2021-12-31 | NT$5.87 Billion | +9.87% |
| 2020-12-31 | NT$5.34 Billion | +2.79% |
| 2019-12-31 | NT$5.19 Billion | -5.43% |
| 2018-12-31 | NT$5.49 Billion | -7.06% |
| 2017-12-31 | NT$5.91 Billion | +3.56% |
| 2016-12-31 | NT$5.71 Billion | -4.83% |
| 2015-12-31 | NT$6.00 Billion | +0.50% |
| 2014-12-31 | NT$5.97 Billion | +7.33% |
| 2013-12-31 | NT$5.56 Billion | +57.89% |
| 2012-12-31 | NT$3.52 Billion | +8.71% |
| 2011-12-31 | NT$3.24 Billion | +39.93% |
| 2010-12-31 | NT$2.31 Billion | +26.59% |
| 2009-12-31 | NT$1.83 Billion | +20.91% |
| 2008-12-31 | NT$1.51 Billion | +11.23% |
| 2007-12-31 | NT$1.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kingcan Holdings 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 352.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$632.01 Million | 10.78% |
| Common Stock | NT$2.18 Billion | 37.25% |
| Other Comprehensive Income | NT$557.75 Million | 9.51% |
| Other Components | NT$2.49 Billion | 42.46% |
| Total Equity | NT$5.86 Billion | 100.00% |
Kingcan Holdings Ltd Competitors by Market Cap
The table below lists competitors of Kingcan Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trident Digital Tech Holdings Ltd American Depository Shares
NASDAQ:TDTH
|
$27.39 Million |
|
Hudson Acquisition I Corp. Common Stock
NASDAQ:HUDA
|
$27.39 Million |
|
Arrienda Rental Properties SOCIMI SA
MC:YARP
|
$27.41 Million |
|
Argo Group International Holdings Ltd
OTCQX:ARGHF
|
$27.41 Million |
|
Ahn-Gook Pharmaceutical Co. Ltd
KQ:001540
|
$27.39 Million |
|
S Chand And Company Limited
NSE:SCHAND
|
$27.38 Million |
|
Seri Industrial S.p.A.
LSE:0Q98
|
$27.38 Million |
|
First Resource Bank
OTCQX:FRSB
|
$27.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingcan Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,749,662,000 to 5,863,600,000, a change of 113,938,000 (2.0%).
- Net loss of 53,916,000 reduced equity.
- Dividend payments of 19,119,000 reduced retained earnings.
- Other comprehensive income increased equity by 271,503,001.
- Other factors decreased equity by 84,530,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-53.92 Million | -0.92% |
| Dividends Paid | NT$19.12 Million | -0.33% |
| Other Comprehensive Income | NT$271.50 Million | +4.63% |
| Other Changes | NT$-84.53 Million | -1.44% |
| Total Change | NT$- | 1.98% |
Book Value vs Market Value Analysis
This analysis compares Kingcan Holdings 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: 0.46x
- 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 decreased from 0.95x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.94 | NT$12.30 | x |
| 2010-12-31 | NT$16.35 | NT$12.30 | x |
| 2011-12-31 | NT$25.29 | NT$12.30 | x |
| 2012-12-31 | NT$22.63 | NT$12.30 | x |
| 2013-12-31 | NT$33.06 | NT$12.30 | x |
| 2014-12-31 | NT$33.41 | NT$12.30 | x |
| 2015-12-31 | NT$33.62 | NT$12.30 | x |
| 2016-12-31 | NT$31.89 | NT$12.30 | x |
| 2017-12-31 | NT$33.11 | NT$12.30 | x |
| 2018-12-31 | NT$30.80 | NT$12.30 | x |
| 2019-12-31 | NT$29.12 | NT$12.30 | x |
| 2020-12-31 | NT$29.92 | NT$12.30 | x |
| 2021-12-31 | NT$31.99 | NT$12.30 | x |
| 2022-12-31 | NT$32.11 | NT$12.30 | x |
| 2023-12-31 | NT$26.33 | NT$12.30 | x |
| 2024-12-31 | NT$26.70 | NT$12.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingcan Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.60%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.28x
- Recent ROE (-0.92%) is below the historical average (5.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.91% | 4.52% | 1.35x | 1.62x | NT$-1.36 Million |
| 2009 | 4.75% | 7.11% | 0.42x | 1.57x | NT$-96.03 Million |
| 2010 | 24.09% | 10.82% | 1.36x | 1.64x | NT$326.10 Million |
| 2011 | 10.72% | 6.54% | 0.97x | 1.69x | NT$23.46 Million |
| 2012 | 12.61% | 7.09% | 1.14x | 1.56x | NT$91.99 Million |
| 2013 | 12.87% | 8.28% | 1.04x | 1.50x | NT$159.54 Million |
| 2014 | 3.55% | 3.72% | 0.67x | 1.43x | NT$-384.56 Million |
| 2015 | 3.80% | 3.55% | 0.69x | 1.55x | NT$-371.60 Million |
| 2016 | 7.89% | 7.26% | 0.62x | 1.74x | NT$-120.64 Million |
| 2017 | 4.74% | 3.95% | 0.68x | 1.76x | NT$-310.87 Million |
| 2018 | -2.53% | -2.50% | 0.58x | 1.74x | NT$-687.93 Million |
| 2019 | -1.16% | -0.99% | 0.58x | 2.01x | NT$-579.60 Million |
| 2020 | 1.26% | 1.16% | 0.57x | 1.90x | NT$-466.78 Million |
| 2021 | 6.82% | 4.99% | 0.61x | 2.24x | NT$-181.75 Million |
| 2022 | -5.20% | -3.51% | 0.67x | 2.22x | NT$-889.49 Million |
| 2023 | 0.55% | 0.39% | 0.65x | 2.21x | NT$-543.16 Million |
| 2024 | -0.92% | -0.60% | 0.67x | 2.28x | NT$-640.28 Million |
Industry Comparison
This section compares Kingcan Holdings Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $3,926,439,778
- Average return on equity (ROE) among peers: 1.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingcan Holdings Ltd (8411) | NT$5.66 Billion | 9.91% | 1.38x | $27.39 Million |
| Yonyu Plastics Co Ltd (1323) | $1.51 Billion | 12.34% | 1.17x | $32.40 Million |
| K Laser Technology Inc (2461) | $1.13 Billion | 0.00% | 2.04x | $64.46 Million |
| Xin Chio Global Co Ltd (3171) | $531.55 Million | 10.85% | 1.47x | $19.67 Million |
| Coxon Precise Industrial Co Ltd (3607) | $2.74 Billion | -15.51% | 0.67x | $45.04 Million |
| SunVic Technology Co., Ltd. (4304) | $210.03 Million | -26.84% | 1.60x | $9.04K |
| Jiyuan Packaging Holdings Ltd (8488) | $2.54 Billion | 1.98% | 1.43x | $5.67 Million |
| Great China Metal Industry Co Ltd (9905) | $7.14 Billion | 9.67% | 0.33x | $90.94 Million |
| Ton Yi Industrial Corp (9907) | $17.99 Billion | 4.68% | 1.14x | $373.90 Million |
| Taiwan Hon Chuan Enterprise Co Ltd (9939) | $1.55 Billion | 12.07% | 0.59x | $1.00 Billion |