New Palace International Co Ltd Net Assets
New Palace International Co Ltd net assets. Based on the latest financial reports, New Palace International Co Ltd (8940) has net assets worth NT$858.12 Million TWD (≈ $27.04 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$2.16 Billion ≈ $67.97 Million USD) and total liabilities (NT$1.30 Billion ≈ $40.94 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. Also explore net asset growth rate of New Palace International Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$858.12 Million |
| % of Total Assets | 39.77% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | 32.05% |
| 10-Year Change | 4.9% |
| Growth Volatility | 12.26 |
Net Assets of New Palace International Co Ltd (2002–2025)
Net assets of New Palace International Co Ltd from 2002 to 2025. This chart illustrates how New Palace International Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is New Palace International Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for New Palace International Co Ltd (2002–2025)
The table below shows the annual net assets of New Palace International Co Ltd from 2002 to 2025. For live market cap and overall valuation, see 8940 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$858.12 Million ≈ $27.04 Million |
+3.71% |
| 2024-12-31 | NT$827.41 Million ≈ $26.07 Million |
+3.32% |
| 2023-12-31 | NT$800.86 Million ≈ $25.23 Million |
+17.16% |
| 2022-12-31 | NT$683.58 Million ≈ $21.54 Million |
+5.19% |
| 2021-12-31 | NT$649.87 Million ≈ $20.47 Million |
-15.75% |
| 2020-12-31 | NT$771.33 Million ≈ $24.30 Million |
-10.75% |
| 2019-12-31 | NT$864.22 Million ≈ $27.23 Million |
-17.29% |
| 2018-12-31 | NT$1.04 Billion ≈ $32.92 Million |
+1.49% |
| 2017-12-31 | NT$1.03 Billion ≈ $32.44 Million |
+25.85% |
| 2016-12-31 | NT$818.01 Million ≈ $25.77 Million |
+1.09% |
| 2015-12-31 | NT$809.23 Million ≈ $25.50 Million |
-2.18% |
| 2014-12-31 | NT$827.23 Million ≈ $26.06 Million |
-9.76% |
| 2013-12-31 | NT$916.71 Million ≈ $28.88 Million |
-12.79% |
| 2012-12-31 | NT$1.05 Billion ≈ $33.12 Million |
-4.34% |
| 2011-12-31 | NT$1.10 Billion ≈ $34.62 Million |
+5.11% |
| 2010-12-31 | NT$1.05 Billion ≈ $32.94 Million |
+13.69% |
| 2009-12-31 | NT$919.56 Million ≈ $28.97 Million |
-2.63% |
| 2008-12-31 | NT$944.43 Million ≈ $29.75 Million |
+36.17% |
| 2007-12-31 | NT$693.57 Million ≈ $21.85 Million |
+3.30% |
| 2006-12-31 | NT$671.42 Million ≈ $21.15 Million |
-1.21% |
| 2005-12-31 | NT$679.62 Million ≈ $21.41 Million |
+7.50% |
| 2004-12-31 | NT$632.19 Million ≈ $19.92 Million |
+4.01% |
| 2003-12-31 | NT$607.81 Million ≈ $19.15 Million |
+2.63% |
| 2002-12-31 | NT$592.25 Million ≈ $18.66 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to New Palace International 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 decreased by 147.2% over the analyzed period, potentially due to dividend distributions or operating losses.
New Palace International Co Ltd Net Assets Breakdown (December 2025)
New Palace International Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$802.37 Million | 105.26% |
| Total Equity | NT$762.25 Million | 100.00% |
New Palace International Co Ltd Competitors by Market Cap
The table below lists competitors of New Palace International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hydrogene De France SA
PA:HDF
|
$31.18 Million |
|
TBC Bank Group PLC
LSE:TBCG
|
$31.19 Million |
|
Juic International
TWO:6114
|
$31.20 Million |
|
Projektengagemang Sweden AB (publ)
ST:PENG-B
|
$31.21 Million |
|
Dental Corporation Public Company Limited
BK:D
|
$31.14 Million |
|
Wesizwe
JSE:WEZ
|
$31.14 Million |
|
Unifin Financiera S. A. B. de C. V
MX:UNIFINA
|
$31.11 Million |
|
International Public Partnership
LSE:INPP
|
$31.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Palace International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 724,530,000 to 762,255,000, a change of 37,725,000 (5.2%).
- Net income of 37,282,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$37.28 Million | +4.89% |
| Other Changes | NT$443.00K | +0.06% |
| Total Change | NT$- | 5.21% |
Book Value vs Market Value Analysis
This analysis compares New Palace International 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: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.12x to 1.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$13.08 | NT$14.65 | x |
| 2010-12-31 | NT$13.87 | NT$14.65 | x |
| 2011-12-31 | NT$15.17 | NT$14.65 | x |
| 2012-12-31 | NT$14.59 | NT$14.65 | x |
| 2013-12-31 | NT$12.79 | NT$14.65 | x |
| 2014-12-31 | NT$11.83 | NT$14.65 | x |
| 2015-12-31 | NT$11.84 | NT$14.65 | x |
| 2016-12-31 | NT$12.02 | NT$14.65 | x |
| 2017-12-31 | NT$11.58 | NT$14.65 | x |
| 2018-12-31 | NT$11.14 | NT$14.65 | x |
| 2019-12-31 | NT$10.86 | NT$14.65 | x |
| 2020-12-31 | NT$10.11 | NT$14.65 | x |
| 2021-12-31 | NT$8.38 | NT$14.65 | x |
| 2022-12-31 | NT$8.88 | NT$14.65 | x |
| 2023-12-31 | NT$10.45 | NT$14.65 | x |
| 2024-12-31 | NT$10.84 | NT$14.65 | x |
| 2025-12-31 | NT$11.29 | NT$14.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Palace International 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): 4.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.35%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.83x
- Recent ROE (4.89%) is above the historical average (3.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.75% | 9.62% | 0.78x | 1.83x | NT$22.21 Million |
| 2003 | 11.39% | 8.37% | 0.74x | 1.85x | NT$8.47 Million |
| 2004 | 10.38% | 8.33% | 0.72x | 1.74x | NT$2.42 Million |
| 2005 | 13.34% | 10.15% | 0.81x | 1.63x | NT$22.69 Million |
| 2007 | 10.78% | 9.00% | 0.82x | 1.47x | NT$5.41 Million |
| 2008 | 8.64% | 9.38% | 0.72x | 1.28x | NT$-12.84 Million |
| 2009 | 0.88% | 0.92% | 0.70x | 1.37x | NT$-80.60 Million |
| 2010 | 6.87% | 5.06% | 0.85x | 1.59x | NT$-29.30 Million |
| 2011 | 13.52% | 8.11% | 1.05x | 1.59x | NT$36.07 Million |
| 2012 | 9.75% | 6.84% | 0.97x | 1.47x | NT$-2.43 Million |
| 2013 | -4.23% | -2.82% | 0.74x | 2.02x | NT$-122.91 Million |
| 2014 | -9.25% | -4.69% | 0.87x | 2.27x | NT$-153.64 Million |
| 2015 | 0.89% | 0.43% | 1.03x | 2.00x | NT$-72.81 Million |
| 2016 | 3.88% | 2.10% | 0.86x | 2.14x | NT$-49.64 Million |
| 2017 | -3.19% | -1.73% | 0.65x | 2.83x | NT$-103.07 Million |
| 2018 | -4.59% | -2.34% | 0.68x | 2.87x | NT$-109.75 Million |
| 2019 | -0.12% | -0.06% | 0.70x | 2.98x | NT$-74.20 Million |
| 2020 | -8.09% | -5.43% | 0.58x | 2.58x | NT$-123.47 Million |
| 2021 | -21.12% | -17.86% | 0.38x | 3.09x | NT$-176.03 Million |
| 2022 | 3.89% | 2.39% | 0.46x | 3.54x | NT$-36.59 Million |
| 2023 | 15.08% | 6.90% | 0.73x | 3.01x | NT$35.85 Million |
| 2024 | 1.14% | 0.49% | 0.76x | 3.09x | NT$-64.18 Million |
| 2025 | 4.89% | 2.35% | 0.74x | 2.83x | NT$-38.94 Million |
Industry Comparison
This section compares New Palace International Co Ltd's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $2,474,680,400
- Average return on equity (ROE) among peers: -3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Palace International Co Ltd (8940) | NT$858.12 Million | 13.75% | 1.51x | $31.15 Million |
| An-Shin Food Services Co Ltd (1259) | $1.78 Billion | 9.47% | 0.66x | $67.35 Million |
| Hi-Lai Foods Co Ltd (1268) | $2.30 Billion | 18.54% | 2.07x | $235.46 Million |
| Gourmet Master Co Ltd (2723) | $6.24 Billion | 15.66% | 0.38x | $466.16 Million |
| Yummy Town Cayman Holdings (2726) | $261.21 Million | -107.14% | 2.16x | $8.55 Million |
| Wowprime Corp (2727) | $4.50 Billion | 0.77% | 1.05x | $636.97 Million |
| TTFB Co Ltd (2729) | $2.59 Billion | 13.60% | 1.18x | $201.65 Million |
| Mr. Onion (2740) | $162.26 Million | -40.06% | 0.99x | $13.22 Million |
| Tofu Restaurant Co Ltd (2752) | $1.07 Billion | 25.04% | 0.77x | $148.86 Million |
| Bafang Yunji Intl Co Ltd (2753) | $4.15 Billion | 20.61% | 0.98x | $392.43 Million |
| Kura Sushi Asia Co Ltd (2754) | $1.68 Billion | 6.42% | 2.10x | $95.32 Million |
About New Palace International Co Ltd
New Palace International Co., Ltd. operates restaurants. It provides banquet and catering services. The company also engages in trading of fruit juices, beverages, and frozen food. New Palace International Co., Ltd. was founded in 1945 and is based in Taichung, Taiwan.