Bonny Worldwide Ltd (8467) - Net Assets
Based on the latest financial reports, Bonny Worldwide Ltd (8467) has net assets worth NT$2.83 Billion TWD (≈ $89.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.56 Billion ≈ $143.56 Million USD) and total liabilities (NT$1.73 Billion ≈ $54.50 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 Bonny Worldwide Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.83 Billion |
| % of Total Assets | 62.04% |
| Annual Growth Rate | 12.87% |
| 5-Year Change | 109.64% |
| 10-Year Change | 56.75% |
| Growth Volatility | 20.63 |
Bonny Worldwide Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Bonny Worldwide Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bonny Worldwide Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Bonny Worldwide Ltd (2012–2024)
The table below shows the annual net assets of Bonny Worldwide Ltd from 2012 to 2024. For live valuation and market cap data, see Bonny Worldwide Ltd (8467) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.85 Billion ≈ $89.66 Million |
+39.98% |
| 2023-12-31 | NT$2.03 Billion ≈ $64.06 Million |
+26.22% |
| 2022-12-31 | NT$1.61 Billion ≈ $50.75 Million |
+11.43% |
| 2021-12-31 | NT$1.45 Billion ≈ $45.54 Million |
+6.48% |
| 2020-12-31 | NT$1.36 Billion ≈ $42.77 Million |
-2.04% |
| 2019-12-31 | NT$1.39 Billion ≈ $43.66 Million |
-2.94% |
| 2018-12-31 | NT$1.43 Billion ≈ $44.98 Million |
-0.15% |
| 2017-12-31 | NT$1.43 Billion ≈ $45.05 Million |
-0.94% |
| 2016-12-31 | NT$1.44 Billion ≈ $45.48 Million |
-20.49% |
| 2015-12-31 | NT$1.82 Billion ≈ $57.20 Million |
+44.45% |
| 2014-12-31 | NT$1.26 Billion ≈ $39.60 Million |
+33.16% |
| 2013-12-31 | NT$943.90 Million ≈ $29.74 Million |
+41.79% |
| 2012-12-31 | NT$665.69 Million ≈ $20.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bonny Worldwide 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 152.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.18 Billion | 41.25% |
| Common Stock | NT$517.96 Million | 18.17% |
| Other Components | NT$1.16 Billion | 40.58% |
| Total Equity | NT$2.85 Billion | 100.00% |
Bonny Worldwide Ltd Competitors by Market Cap
The table below lists competitors of Bonny Worldwide Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Globaltek Fabrication Co Ltd
TW:4566
|
$232.57 Million |
|
Bangkok Land Public Company Limited
BK:BLAND
|
$232.57 Million |
|
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
|
$232.58 Million |
|
Sensortek Technology Corp
TWO:6732
|
$232.69 Million |
|
Karsan Otomotiv Sanayi ve Ticaret AS
IS:KARSN
|
$232.42 Million |
|
Taskus Inc
NASDAQ:TASK
|
$232.36 Million |
|
Kaset Thai International Sugar Corporation Public Company Limited
BK:KTIS
|
$232.20 Million |
|
HUYA Inc
NYSE:HUYA
|
$232.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bonny Worldwide Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,035,439,000 to 2,850,105,000, a change of 814,666,000 (40.0%).
- Net income of 589,618,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 167,341,000.
- Other factors increased equity by 392,389,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$589.62 Million | +20.69% |
| Other Comprehensive Income | NT$-167.34 Million | -5.87% |
| Other Changes | NT$392.39 Million | +13.77% |
| Total Change | NT$- | 40.02% |
Book Value vs Market Value Analysis
This analysis compares Bonny Worldwide 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: 2.70x
- 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 10.05x to 2.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$14.58 | NT$146.50 | x |
| 2013-12-31 | NT$20.50 | NT$146.50 | x |
| 2014-12-31 | NT$27.21 | NT$146.50 | x |
| 2015-12-31 | NT$39.07 | NT$146.50 | x |
| 2016-12-31 | NT$28.66 | NT$146.50 | x |
| 2017-12-31 | NT$28.86 | NT$146.50 | x |
| 2018-12-31 | NT$28.80 | NT$146.50 | x |
| 2019-12-31 | NT$27.96 | NT$146.50 | x |
| 2020-12-31 | NT$27.39 | NT$146.50 | x |
| 2021-12-31 | NT$26.80 | NT$146.50 | x |
| 2022-12-31 | NT$29.62 | NT$146.50 | x |
| 2023-12-31 | NT$40.44 | NT$146.50 | x |
| 2024-12-31 | NT$54.21 | NT$146.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bonny Worldwide 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): 20.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.87%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.49x
- Recent ROE (20.69%) is above the historical average (13.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.85% | 6.68% | 1.20x | 2.22x | NT$52.92 Million |
| 2013 | 17.85% | 8.70% | 1.04x | 1.97x | NT$74.33 Million |
| 2014 | 22.32% | 12.13% | 0.99x | 1.85x | NT$154.86 Million |
| 2015 | 10.41% | 9.57% | 0.77x | 1.42x | NT$7.37 Million |
| 2016 | 6.42% | 6.13% | 0.66x | 1.59x | NT$-51.67 Million |
| 2017 | 3.46% | 3.16% | 0.75x | 1.47x | NT$-93.51 Million |
| 2018 | 9.06% | 8.70% | 0.74x | 1.40x | NT$-13.46 Million |
| 2019 | 9.53% | 9.19% | 0.61x | 1.70x | NT$-6.46 Million |
| 2020 | 1.75% | 2.29% | 0.43x | 1.77x | NT$-111.98 Million |
| 2021 | 6.78% | 6.94% | 0.50x | 1.94x | NT$-46.55 Million |
| 2022 | 25.25% | 20.80% | 0.61x | 2.00x | NT$245.68 Million |
| 2023 | 19.01% | 19.46% | 0.58x | 1.68x | NT$183.32 Million |
| 2024 | 20.69% | 23.87% | 0.58x | 1.49x | NT$304.61 Million |
Industry Comparison
This section compares Bonny Worldwide Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,716,491,800
- Average return on equity (ROE) among peers: 5.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bonny Worldwide Ltd (8467) | NT$2.83 Billion | 17.85% | 0.61x | $232.50 Million |
| Trk Corp (1432) | $799.85 Million | 0.00% | 4.58x | $57.33 Million |
| Rexon Industrial Corp Ltd (1515) | $2.96 Billion | 0.00% | 1.40x | $125.21 Million |
| Sun Race Sturmey-Archer Inc (1526) | $602.98 Million | 12.05% | 1.17x | $30.91 Million |
| Chi Hua Fitness Co Ltd (1593) | $794.85 Million | 12.58% | 0.28x | $39.23 Million |
| Dyaco International Inc (1598) | $4.95 Billion | 1.45% | 1.25x | $108.99 Million |
| Johnson Health Tech Co Ltd (1736) | $2.41 Billion | 31.37% | 1.31x | $1.17 Billion |
| Topkey Corp (4536) | $5.99 Billion | 13.88% | 0.88x | $427.77 Million |
| Brogent Technologies (5263) | $2.81 Billion | 9.47% | 0.24x | $207.84 Million |
| Janfusun Fancyworld (5701) | $764.15 Million | -25.17% | 3.07x | $15.36 Million |
| Fusheng Precision Co Ltd (6670) | $5.08 Billion | 0.00% | 1.45x | $1.10 Billion |
About Bonny Worldwide Ltd
Bonny Worldwide Limited, together with its subsidiaries, engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods in China. The company offers hockey sticks, tennis and badminton rackets, and carbon fiber rims. It also provides carbon fiber sports products, such as hockey sticks, helmets, and baseball bats. In addition, the company operates and manages a … Read more