BH Global Corporation Limited
BH Global Corporation Limited, an investment holding company, provides a suite of solutions in electrical and technical supply, cyber security, green LED lighting, infrared thermal sensing technology, and integration engineering fields in Singapore and internationally. It operates through Electrical and Technical Supply, Green LED Lighting, Security, and Integration Engineering segments. The comp… Read more
BH Global Corporation Limited (911608) - Net Assets
Latest net assets as of June 2025: NT$51.57 Million TWD
Based on the latest financial reports, BH Global Corporation Limited (911608) has net assets worth NT$51.57 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$85.24 Million) and total liabilities (NT$33.67 Million). 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$51.57 Million |
| % of Total Assets | 60.5% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | -1.88% |
| 10-Year Change | -9.05% |
| Growth Volatility | 25.13 |
BH Global Corporation Limited - Net Assets Trend (2005–2025)
This chart illustrates how BH Global Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BH Global Corporation Limited (2005–2025)
The table below shows the annual net assets of BH Global Corporation Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$52.48 Million | -5.47% |
| 2024-12-31 | NT$55.52 Million | +0.20% |
| 2023-12-31 | NT$55.41 Million | +2.54% |
| 2022-12-31 | NT$54.03 Million | +1.02% |
| 2021-12-31 | NT$53.49 Million | +6.36% |
| 2020-12-31 | NT$50.29 Million | +22.68% |
| 2019-12-31 | NT$40.99 Million | +64.71% |
| 2018-12-31 | NT$24.89 Million | -19.91% |
| 2017-12-31 | NT$31.07 Million | -46.15% |
| 2016-12-31 | NT$57.70 Million | -14.25% |
| 2015-12-31 | NT$67.29 Million | -5.50% |
| 2014-12-31 | NT$71.21 Million | -12.16% |
| 2013-12-31 | NT$81.06 Million | -2.74% |
| 2012-12-31 | NT$83.34 Million | -29.98% |
| 2011-12-31 | NT$119.04 Million | +12.57% |
| 2010-12-31 | NT$105.74 Million | +40.67% |
| 2009-12-31 | NT$75.17 Million | +14.75% |
| 2008-12-31 | NT$65.51 Million | +27.67% |
| 2007-12-31 | NT$51.31 Million | +34.06% |
| 2006-12-31 | NT$38.27 Million | +28.18% |
| 2005-12-31 | NT$29.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BH Global Corporation Limited'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 120.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$58.61 Million | 112.59% |
| Other Comprehensive Income | NT$-5.14 Million | -9.87% |
| Total Equity | NT$52.06 Million | 100.00% |
BH Global Corporation Limited Competitors by Market Cap
The table below lists competitors of BH Global Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solara Minerals Ltd
AU:SLA
|
$3.57 Million |
|
Mg Internation
PA:ALMGI
|
$3.57 Million |
|
Silicon Touch Technology Inc.
TWO:3288
|
$3.57 Million |
|
Eko Export SA
WAR:EEX
|
$3.57 Million |
|
ThreeD Capital Inc
OTCQX:IDKFF
|
$3.57 Million |
|
Pantera Lithium Ltd
AU:PFE
|
$3.57 Million |
|
Hummingbird Resources PLC
PINK:HUMRF
|
$3.57 Million |
|
Circa Group AS
OL:CIRCA
|
$3.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BH Global Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,117,000 to 52,056,443, a change of -5,060,557 (-8.9%).
- Net income of 1,056,534 contributed positively to equity growth.
- Other comprehensive income decreased equity by 3,340,555.
- Other factors decreased equity by 2,776,536.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.06 Million | +2.03% |
| Other Comprehensive Income | NT$-3.34 Million | -6.42% |
| Other Changes | NT$-2.78 Million | -5.33% |
| Total Change | NT$- | -8.86% |
Book Value vs Market Value Analysis
This analysis compares BH Global Corporation Limited'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: 8.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.84x to 8.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$0.78 | NT$3.00 | x |
| 2006-12-31 | NT$1.00 | NT$3.00 | x |
| 2007-12-31 | NT$0.33 | NT$3.00 | x |
| 2008-12-31 | NT$0.42 | NT$3.00 | x |
| 2009-12-31 | NT$0.27 | NT$3.00 | x |
| 2010-12-31 | NT$0.37 | NT$3.00 | x |
| 2011-12-31 | NT$0.37 | NT$3.00 | x |
| 2012-12-31 | NT$0.27 | NT$3.00 | x |
| 2013-12-31 | NT$0.27 | NT$3.00 | x |
| 2014-12-31 | NT$0.26 | NT$3.00 | x |
| 2015-12-31 | NT$0.94 | NT$3.00 | x |
| 2016-12-31 | NT$0.79 | NT$3.00 | x |
| 2017-12-31 | NT$0.47 | NT$3.00 | x |
| 2018-12-31 | NT$0.49 | NT$3.00 | x |
| 2019-12-31 | NT$0.33 | NT$3.00 | x |
| 2020-12-31 | NT$0.16 | NT$3.00 | x |
| 2021-12-31 | NT$0.18 | NT$3.00 | x |
| 2022-12-31 | NT$0.18 | NT$3.00 | x |
| 2023-12-31 | NT$0.19 | NT$3.00 | x |
| 2024-12-31 | NT$0.19 | NT$3.00 | x |
| 2025-12-31 | NT$0.35 | NT$3.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BH Global Corporation Limited 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): 2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.58x
- Recent ROE (2.03%) is below the historical average (2.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 22.74% | 22.42% | 0.79x | 1.29x | NT$3.81 Million |
| 2006 | 29.30% | 19.03% | 1.07x | 1.44x | NT$7.39 Million |
| 2007 | 34.14% | 21.39% | 1.09x | 1.47x | NT$12.38 Million |
| 2008 | 29.37% | 20.35% | 1.04x | 1.39x | NT$12.69 Million |
| 2009 | 19.54% | 14.44% | 0.93x | 1.45x | NT$7.17 Million |
| 2010 | 10.99% | 11.02% | 0.75x | 1.32x | NT$1.02 Million |
| 2011 | 11.44% | 9.01% | 0.79x | 1.61x | NT$1.63 Million |
| 2012 | -32.40% | -27.36% | 0.57x | 2.06x | NT$-34.99 Million |
| 2013 | 2.87% | 2.70% | 0.57x | 1.88x | NT$-5.95 Million |
| 2014 | -2.75% | -2.55% | 0.75x | 1.44x | NT$-10.03 Million |
| 2015 | -5.82% | -7.58% | 0.61x | 1.27x | NT$-11.45 Million |
| 2016 | -18.42% | -22.39% | 0.52x | 1.57x | NT$-17.29 Million |
| 2017 | -68.48% | -64.79% | 0.54x | 1.96x | NT$-28.47 Million |
| 2018 | -13.54% | -9.94% | 0.64x | 2.14x | NT$-6.98 Million |
| 2019 | 2.83% | 2.66% | 0.60x | 1.79x | NT$-3.33 Million |
| 2020 | 6.50% | 6.05% | 0.61x | 1.75x | NT$-1.73 Million |
| 2021 | 9.34% | 10.61% | 0.55x | 1.59x | NT$-348.70K |
| 2022 | 5.30% | 5.20% | 0.63x | 1.63x | NT$-2.54 Million |
| 2023 | 6.14% | 5.84% | 0.67x | 1.57x | NT$-2.17 Million |
| 2024 | 4.70% | 4.45% | 0.68x | 1.56x | NT$-3.03 Million |
| 2025 | 2.03% | 2.24% | 0.57x | 1.58x | NT$-4.15 Million |
Industry Comparison
This section compares BH Global Corporation Limited's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $2,005,068,000
- Average return on equity (ROE) among peers: 9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BH Global Corporation Limited (911608) | NT$51.57 Million | 22.74% | 0.65x | $3.57 Million |
| Howteh Technology Co Ltd (3114) | $800.39 Million | 2.72% | 0.89x | $29.24 Million |
| Lumax International Corp Ltd (6192) | $3.62 Billion | 17.65% | 0.70x | $250.66 Million |
| Ace Pillar Co Ltd (8374) | $1.59 Billion | 7.14% | 0.98x | $73.62 Million |