Kingcan Holdings Ltd (8411) - Net Assets
Based on the latest financial reports, Kingcan Holdings Ltd (8411) has net assets worth NT$6.02 Billion TWD (≈ $189.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$13.35 Billion ≈ $420.63 Million USD) and total liabilities (NT$7.33 Billion ≈ $231.06 Million USD). 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. Check Kingcan Holdings Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.02 Billion |
| % of Total Assets | 45.07% |
| Annual Growth Rate | 8.62% |
| 5-Year Change | 2.58% |
| 10-Year Change | 5.44% |
| Growth Volatility | 16.47 |
Kingcan Holdings Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Kingcan Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 8411 asset base for the complete picture of this company's asset base.
Annual Net Assets for Kingcan Holdings Ltd (2007–2025)
The table below shows the annual net assets of Kingcan Holdings Ltd from 2007 to 2025. For live valuation and market cap data, see Kingcan Holdings Ltd (8411) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.02 Billion ≈ $189.57 Million |
+0.03% |
| 2024-12-31 | NT$6.01 Billion ≈ $189.50 Million |
+1.94% |
| 2023-12-31 | NT$5.90 Billion ≈ $185.90 Million |
-1.72% |
| 2022-12-31 | NT$6.00 Billion ≈ $189.16 Million |
+2.36% |
| 2021-12-31 | NT$5.87 Billion ≈ $184.81 Million |
+9.87% |
| 2020-12-31 | NT$5.34 Billion ≈ $168.21 Million |
+2.79% |
| 2019-12-31 | NT$5.19 Billion ≈ $163.64 Million |
-5.43% |
| 2018-12-31 | NT$5.49 Billion ≈ $173.04 Million |
-7.06% |
| 2017-12-31 | NT$5.91 Billion ≈ $186.18 Million |
+3.56% |
| 2016-12-31 | NT$5.71 Billion ≈ $179.78 Million |
-4.83% |
| 2015-12-31 | NT$6.00 Billion ≈ $188.89 Million |
+0.50% |
| 2014-12-31 | NT$5.97 Billion ≈ $187.95 Million |
+7.33% |
| 2013-12-31 | NT$5.56 Billion ≈ $175.12 Million |
+57.89% |
| 2012-12-31 | NT$3.52 Billion ≈ $110.91 Million |
+8.71% |
| 2011-12-31 | NT$3.24 Billion ≈ $102.02 Million |
+39.93% |
| 2010-12-31 | NT$2.31 Billion ≈ $72.91 Million |
+26.59% |
| 2009-12-31 | NT$1.83 Billion ≈ $57.59 Million |
+20.91% |
| 2008-12-31 | NT$1.51 Billion ≈ $47.63 Million |
+11.23% |
| 2007-12-31 | NT$1.36 Billion ≈ $42.82 Million |
-- |
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 370.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$656.36 Million | 11.18% |
| Common Stock | NT$2.18 Billion | 37.21% |
| Other Comprehensive Income | NT$555.65 Million | 9.47% |
| Other Components | NT$2.47 Billion | 42.14% |
| Total Equity | NT$5.87 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 |
|---|---|
|
Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi
IS:SAYAS
|
$84.33 Million |
|
Sempio Foods Co
KO:248170
|
$84.33 Million |
|
Union Auction Public Company Limited
BK:AUCT
|
$84.34 Million |
|
MaxCyte Inc
NASDAQ:MXCT
|
$84.42 Million |
|
Unique Engineering and Construction Public Company Limited
BK:UNIQ
|
$84.24 Million |
|
True North Commercial Real Estate Investment Trust
TO:TNT-UN
|
$84.24 Million |
|
JMC Electronics Co Ltd
TW:6552
|
$84.20 Million |
|
Case Group AB
ST:CASE
|
$84.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingcan Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,863,600,000 to 5,869,672,000, a change of 6,072,000 (0.1%).
- Net loss of 152,144,000 reduced equity.
- Dividend payments of 10,921,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,099,000.
- Other factors increased equity by 171,236,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-152.14 Million | -2.59% |
| Dividends Paid | NT$10.92 Million | -0.19% |
| Other Comprehensive Income | NT$-2.10 Million | -0.04% |
| Other Changes | NT$171.24 Million | +2.92% |
| Total Change | NT$- | 0.10% |
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: 0.45x
- 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 0.45x 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$12.25 | x |
| 2010-12-31 | NT$16.35 | NT$12.25 | x |
| 2011-12-31 | NT$25.29 | NT$12.25 | x |
| 2012-12-31 | NT$22.63 | NT$12.25 | x |
| 2013-12-31 | NT$33.06 | NT$12.25 | x |
| 2014-12-31 | NT$33.41 | NT$12.25 | x |
| 2015-12-31 | NT$33.62 | NT$12.25 | x |
| 2016-12-31 | NT$31.89 | NT$12.25 | x |
| 2017-12-31 | NT$33.11 | NT$12.25 | x |
| 2018-12-31 | NT$30.80 | NT$12.25 | x |
| 2019-12-31 | NT$29.12 | NT$12.25 | x |
| 2020-12-31 | NT$29.92 | NT$12.25 | x |
| 2021-12-31 | NT$31.99 | NT$12.25 | x |
| 2022-12-31 | NT$32.11 | NT$12.25 | x |
| 2023-12-31 | NT$26.33 | NT$12.25 | x |
| 2024-12-31 | NT$26.70 | NT$12.25 | x |
| 2025-12-31 | NT$27.00 | NT$12.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingcan Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.66%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.27x
- Recent ROE (-2.59%) is below the historical average (5.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.91% | 4.52% | 1.35x | 1.62x | NT$-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 |
| 2025 | -2.59% | -1.66% | 0.69x | 2.27x | NT$-739.11 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: $6,591,902,625
- Average return on equity (ROE) among peers: 5.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingcan Holdings Ltd (8411) | NT$6.02 Billion | 9.91% | 1.22x | $84.29 Million |
| Yonyu Plastics Co Ltd (1323) | $1.03 Billion | 4.65% | 1.11x | $58.38 Million |
| K Laser Technology Inc (2461) | $3.28 Billion | 6.56% | 1.14x | $90.65 Million |
| Xin Chio Global Co Ltd (3171) | $874.76 Million | 16.30% | 0.76x | $69.13 Million |
| Coxon Precise Industrial Co Ltd (3607) | $6.08 Billion | -5.20% | 0.74x | $55.77 Million |
| Jiyuan Packaging Holdings Ltd (8488) | $2.47 Billion | 3.91% | 1.16x | $23.85 Million |
| Great China Metal Industry Co Ltd (9905) | $5.39 Billion | 5.27% | 0.21x | $205.16 Million |
| Ton Yi Industrial Corp (9907) | $20.60 Billion | 6.10% | 1.26x | $873.14 Million |
| Taiwan Hon Chuan Enterprise Co Ltd (9939) | $13.00 Billion | 7.30% | 1.24x | $1.04 Billion |
About 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