Ching Feng Home Fashions Co Ltd (9935) - Net Assets
Based on the latest financial reports, Ching Feng Home Fashions Co Ltd (9935) has net assets worth NT$2.64 Billion TWD (≈ $83.24 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$7.82 Billion ≈ $246.34 Million USD) and total liabilities (NT$5.18 Billion ≈ $163.10 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 Ching Feng Home Fashions Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.64 Billion |
| % of Total Assets | 33.79% |
| Annual Growth Rate | 2.53% |
| 5-Year Change | 30.58% |
| 10-Year Change | 133.23% |
| Growth Volatility | 18.08 |
Ching Feng Home Fashions Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Ching Feng Home Fashions Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Ching Feng Home Fashions Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Ching Feng Home Fashions Co Ltd (2003–2025)
The table below shows the annual net assets of Ching Feng Home Fashions Co Ltd from 2003 to 2025. For live valuation and market cap data, see Ching Feng Home Fashions Co Ltd (9935) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.64 Billion ≈ $83.24 Million |
-6.39% |
| 2024-12-31 | NT$2.82 Billion ≈ $88.92 Million |
+25.23% |
| 2023-12-31 | NT$2.25 Billion ≈ $71.01 Million |
-1.09% |
| 2022-12-31 | NT$2.28 Billion ≈ $71.79 Million |
+12.61% |
| 2021-12-31 | NT$2.02 Billion ≈ $63.75 Million |
-5.42% |
| 2020-12-31 | NT$2.14 Billion ≈ $67.41 Million |
+8.22% |
| 2019-12-31 | NT$1.98 Billion ≈ $62.29 Million |
+10.12% |
| 2018-12-31 | NT$1.80 Billion ≈ $56.56 Million |
+41.78% |
| 2017-12-31 | NT$1.27 Billion ≈ $39.89 Million |
+11.78% |
| 2016-12-31 | NT$1.13 Billion ≈ $35.69 Million |
+3.95% |
| 2015-12-31 | NT$1.09 Billion ≈ $34.34 Million |
+23.67% |
| 2014-12-31 | NT$881.21 Million ≈ $27.76 Million |
+20.49% |
| 2013-12-31 | NT$731.38 Million ≈ $23.04 Million |
-34.52% |
| 2012-12-31 | NT$1.12 Billion ≈ $35.19 Million |
-17.17% |
| 2011-12-31 | NT$1.35 Billion ≈ $42.49 Million |
+1.62% |
| 2010-12-31 | NT$1.33 Billion ≈ $41.81 Million |
-36.86% |
| 2009-12-31 | NT$2.10 Billion ≈ $66.21 Million |
-0.07% |
| 2008-12-31 | NT$2.10 Billion ≈ $66.26 Million |
-10.64% |
| 2007-12-31 | NT$2.35 Billion ≈ $74.15 Million |
+22.84% |
| 2006-12-31 | NT$1.92 Billion ≈ $60.36 Million |
+7.34% |
| 2005-12-31 | NT$1.78 Billion ≈ $56.23 Million |
+7.21% |
| 2004-12-31 | NT$1.66 Billion ≈ $52.45 Million |
+9.12% |
| 2003-12-31 | NT$1.53 Billion ≈ $48.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ching Feng Home Fashions 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 grown by 207.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$755.93 Million | 28.61% |
| Common Stock | NT$1.78 Billion | 67.31% |
| Other Comprehensive Income | NT$65.45 Million | 2.48% |
| Other Components | NT$42.43 Million | 1.61% |
| Total Equity | NT$2.64 Billion | 100.00% |
Ching Feng Home Fashions Co Ltd Competitors by Market Cap
The table below lists competitors of Ching Feng Home Fashions Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ovid Therapeutics Inc
NASDAQ:OVID
|
$101.12 Million |
|
Fima Corporation Bhd
KLSE:3107
|
$101.13 Million |
|
Tai Tung Communication Co Ltd
TW:8011
|
$101.15 Million |
|
eGalax_eMPIA Technology
TWO:3556
|
$101.15 Million |
|
Simpac
KO:009160
|
$101.09 Million |
|
Hispanotels Inversiones SOCIMI SA
MC:YHSP
|
$101.07 Million |
|
FCW Holdings Bhd
KLSE:2755
|
$101.05 Million |
|
Kokuyo Camlin Limited
NSE:KOKUYOCMLN
|
$100.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ching Feng Home Fashions Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,822,421,000 to 2,642,201,000, a change of -180,220,000 (-6.4%).
- Net income of 289,737,000 contributed positively to equity growth.
- Dividend payments of 320,110,000 reduced retained earnings.
- Share repurchases of 41,186,000 reduced equity.
- Other comprehensive income decreased equity by 162,330,001.
- Other factors increased equity by 53,669,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$289.74 Million | +10.97% |
| Dividends Paid | NT$320.11 Million | -12.12% |
| Share Repurchases | NT$41.19 Million | -1.56% |
| Other Comprehensive Income | NT$-162.33 Million | -6.14% |
| Other Changes | NT$53.67 Million | +2.03% |
| Total Change | NT$- | -6.39% |
Book Value vs Market Value Analysis
This analysis compares Ching Feng Home Fashions 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: 1.22x
- 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 1.07x to 1.22x 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$17.07 | NT$18.25 | x |
| 2010-12-31 | NT$10.07 | NT$18.25 | x |
| 2011-12-31 | NT$7.83 | NT$18.25 | x |
| 2012-12-31 | NT$9.36 | NT$18.25 | x |
| 2013-12-31 | NT$6.12 | NT$18.25 | x |
| 2014-12-31 | NT$6.75 | NT$18.25 | x |
| 2015-12-31 | NT$7.77 | NT$18.25 | x |
| 2016-12-31 | NT$7.36 | NT$18.25 | x |
| 2017-12-31 | NT$8.24 | NT$18.25 | x |
| 2018-12-31 | NT$11.35 | NT$18.25 | x |
| 2019-12-31 | NT$11.36 | NT$18.25 | x |
| 2020-12-31 | NT$12.28 | NT$18.25 | x |
| 2021-12-31 | NT$11.63 | NT$18.25 | x |
| 2022-12-31 | NT$13.16 | NT$18.25 | x |
| 2023-12-31 | NT$13.00 | NT$18.25 | x |
| 2024-12-31 | NT$16.02 | NT$18.25 | x |
| 2025-12-31 | NT$14.96 | NT$18.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ching Feng Home Fashions 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): 10.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.86%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.96x
- Recent ROE (10.97%) is above the historical average (0.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 14.79% | 4.51% | 1.22x | 2.70x | NT$73.15 Million |
| 2004 | 14.37% | 3.19% | 1.40x | 3.21x | NT$72.75 Million |
| 2005 | 3.76% | 0.96% | 1.36x | 2.89x | NT$-111.36 Million |
| 2006 | 3.94% | 0.96% | 1.42x | 2.89x | NT$-112.32 Million |
| 2007 | 3.99% | 1.58% | 1.11x | 2.28x | NT$-137.59 Million |
| 2009 | 1.16% | 0.48% | 1.04x | 2.32x | NT$-179.54 Million |
| 2010 | -77.56% | -21.46% | 0.94x | 3.84x | NT$-1.05 Billion |
| 2011 | 0.88% | 0.30% | 0.79x | 3.73x | NT$-112.59 Million |
| 2012 | -5.36% | -1.74% | 0.74x | 4.15x | NT$-171.16 Million |
| 2013 | -64.13% | -14.34% | 0.81x | 5.55x | NT$-540.13 Million |
| 2014 | 7.46% | 2.30% | 0.82x | 3.96x | NT$-22.32 Million |
| 2015 | 6.46% | 2.15% | 0.93x | 3.23x | NT$-38.50 Million |
| 2016 | 5.64% | 1.82% | 1.03x | 3.03x | NT$-49.26 Million |
| 2017 | 15.33% | 4.72% | 1.04x | 3.13x | NT$67.53 Million |
| 2018 | 12.58% | 5.07% | 0.99x | 2.50x | NT$46.25 Million |
| 2019 | 12.84% | 4.48% | 0.99x | 2.90x | NT$56.09 Million |
| 2020 | 16.99% | 6.04% | 0.97x | 2.90x | NT$149.65 Million |
| 2021 | 3.85% | 1.57% | 0.81x | 3.03x | NT$-124.42 Million |
| 2022 | 9.68% | 4.17% | 0.74x | 3.13x | NT$-7.28 Million |
| 2023 | 4.61% | 2.29% | 0.68x | 2.95x | NT$-121.37 Million |
| 2024 | 14.72% | 7.70% | 0.71x | 2.68x | NT$133.22 Million |
| 2025 | 10.97% | 5.86% | 0.63x | 2.96x | NT$25.52 Million |
Industry Comparison
This section compares Ching Feng Home Fashions Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $4,279,338,400
- Average return on equity (ROE) among peers: 6.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ching Feng Home Fashions Co Ltd (9935) | NT$2.64 Billion | 14.79% | 1.96x | $101.10 Million |
| Zeng Hsing Industrial Co Ltd (1558) | $4.38 Billion | 19.63% | 0.35x | $187.46 Million |
| Sampo Corp (1604) | $7.32 Billion | 10.78% | 0.64x | $262.45 Million |
| China Electric Manufacturing Corp (1611) | $4.56 Billion | 1.75% | 0.29x | $121.51 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.62 Billion | 3.84% | 0.24x | $259.82 Million |
| Airmate Cayman International Co Ltd (1626) | $1.10 Billion | -4.61% | 3.44x | $53.57 Million |
| Hocheng Corp (1810) | $6.73 Billion | 0.29% | 0.58x | $165.48 Million |
| King Slide Works Co Ltd (2059) | $5.89 Billion | 23.70% | 0.22x | $11.74 Billion |
| Fortune Oriental Co Ltd (2491) | $2.52 Billion | 0.00% | 0.88x | $39.27 Million |
| Ado Optronics (3516) | $1.43 Billion | 3.88% | 0.68x | $38.28 Million |
| Mosa Industrial Corp (4564) | $3.24 Billion | 9.15% | 0.77x | $133.48 Million |
About Ching Feng Home Fashions Co Ltd
Ching Feng Home Fashions Co.,Ltd engages in the manufacture and sale of home decor products in Taiwan. The company provides folding curved windows, folding curtains, black curtains, and heavy-duty parts. It also offers aluminum venetian, faux wood venetian, vinyl venetian, and vertical blinds; roman, pleated, and cellular shades; and coral fleece throws and blankets, flannel throws and blankets, … Read more