Holiday Entertainment Co Ltd (9943) - Net Assets
Based on the latest financial reports, Holiday Entertainment Co Ltd (9943) has net assets worth NT$3.95 Billion TWD (≈ $124.49 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$5.51 Billion ≈ $173.52 Million USD) and total liabilities (NT$1.56 Billion ≈ $49.03 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 9943 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.95 Billion |
| % of Total Assets | 71.75% |
| Annual Growth Rate | 2.0% |
| 5-Year Change | 11.78% |
| 10-Year Change | 4.79% |
| Growth Volatility | 7.82 |
Holiday Entertainment Co Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Holiday Entertainment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Holiday Entertainment Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Holiday Entertainment Co Ltd (2001–2025)
The table below shows the annual net assets of Holiday Entertainment Co Ltd from 2001 to 2025. For live valuation and market cap data, see 9943 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.95 Billion ≈ $124.49 Million |
-3.61% |
| 2024-12-31 | NT$4.10 Billion ≈ $129.15 Million |
+0.55% |
| 2023-12-31 | NT$4.08 Billion ≈ $128.44 Million |
+9.84% |
| 2022-12-31 | NT$3.71 Billion ≈ $116.94 Million |
+4.99% |
| 2021-12-31 | NT$3.54 Billion ≈ $111.38 Million |
-13.46% |
| 2020-12-31 | NT$4.09 Billion ≈ $128.70 Million |
-2.29% |
| 2019-12-31 | NT$4.18 Billion ≈ $131.72 Million |
+1.13% |
| 2018-12-31 | NT$4.13 Billion ≈ $130.24 Million |
+7.23% |
| 2017-12-31 | NT$3.86 Billion ≈ $121.46 Million |
+2.23% |
| 2016-12-31 | NT$3.77 Billion ≈ $118.80 Million |
+2.89% |
| 2015-12-31 | NT$3.66 Billion ≈ $115.47 Million |
+11.33% |
| 2014-12-31 | NT$3.29 Billion ≈ $103.72 Million |
+4.26% |
| 2013-12-31 | NT$3.16 Billion ≈ $99.48 Million |
-9.62% |
| 2012-12-31 | NT$3.49 Billion ≈ $110.06 Million |
+2.84% |
| 2011-12-31 | NT$3.40 Billion ≈ $107.02 Million |
+21.85% |
| 2010-12-31 | NT$2.79 Billion ≈ $87.83 Million |
-4.20% |
| 2009-12-31 | NT$2.91 Billion ≈ $91.69 Million |
+6.06% |
| 2008-12-31 | NT$2.74 Billion ≈ $86.45 Million |
+12.66% |
| 2007-12-31 | NT$2.44 Billion ≈ $76.73 Million |
+1.67% |
| 2006-12-31 | NT$2.40 Billion ≈ $75.47 Million |
-9.90% |
| 2005-12-31 | NT$2.66 Billion ≈ $83.76 Million |
+12.16% |
| 2004-12-31 | NT$2.37 Billion ≈ $74.68 Million |
+0.90% |
| 2003-12-31 | NT$2.35 Billion ≈ $74.01 Million |
-4.34% |
| 2002-12-31 | NT$2.46 Billion ≈ $77.37 Million |
-0.09% |
| 2001-12-31 | NT$2.46 Billion ≈ $77.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Holiday Entertainment 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 197.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.35 Billion | 34.38% |
| Common Stock | NT$1.25 Billion | 31.86% |
| Other Comprehensive Income | NT$1.33 Billion | 33.76% |
| Total Equity | NT$3.93 Billion | 100.00% |
Holiday Entertainment Co Ltd Competitors by Market Cap
The table below lists competitors of Holiday Entertainment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hexindo Adiperkasa Tbk
JK:HEXA
|
$218.54 Million |
|
Vef AB
ST:VEFAB
|
$218.58 Million |
|
Medical Facilities Corporation
TO:DR
|
$218.65 Million |
|
TMC Life Sciences Bhd
KLSE:0101
|
$218.66 Million |
|
ALTEO ENERG.NYIL M.UF125
F:54O
|
$218.46 Million |
|
Thanulux Public Company Limited
BK:TNL
|
$218.38 Million |
|
Marmaris Altinyunus Turistik Tesisleri AS
IS:MAALT
|
$218.28 Million |
|
JNK India Ltd
NSE:JNKINDIA
|
$218.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holiday Entertainment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,075,521,000 to 3,928,633,000, a change of -146,888,000 (-3.6%).
- Net income of 456,976,000 contributed positively to equity growth.
- Dividend payments of 600,823,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,326,270,000.
- Other factors decreased equity by 1,329,311,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$456.98 Million | +11.63% |
| Dividends Paid | NT$600.82 Million | -15.29% |
| Other Comprehensive Income | NT$1.33 Billion | +33.76% |
| Other Changes | NT$-1.33 Billion | -33.84% |
| Total Change | NT$- | -3.60% |
Book Value vs Market Value Analysis
This analysis compares Holiday Entertainment 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: 1.19x
- 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 2.98x to 1.19x 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$18.59 | NT$55.40 | x |
| 2010-12-31 | NT$19.45 | NT$55.40 | x |
| 2011-12-31 | NT$27.12 | NT$55.40 | x |
| 2012-12-31 | NT$27.90 | NT$55.40 | x |
| 2013-12-31 | NT$25.21 | NT$55.40 | x |
| 2014-12-31 | NT$26.29 | NT$55.40 | x |
| 2015-12-31 | NT$29.26 | NT$55.40 | x |
| 2016-12-31 | NT$29.98 | NT$55.40 | x |
| 2017-12-31 | NT$30.67 | NT$55.40 | x |
| 2018-12-31 | NT$32.91 | NT$55.40 | x |
| 2019-12-31 | NT$33.28 | NT$55.40 | x |
| 2020-12-31 | NT$32.51 | NT$55.40 | x |
| 2021-12-31 | NT$28.13 | NT$55.40 | x |
| 2022-12-31 | NT$26.86 | NT$55.40 | x |
| 2023-12-31 | NT$47.99 | NT$55.40 | x |
| 2024-12-31 | NT$48.16 | NT$55.40 | x |
| 2025-12-31 | NT$46.43 | NT$55.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holiday Entertainment 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): 11.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.93%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.40x
- Recent ROE (11.63%) is below the historical average (14.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 15.32% | 9.02% | 1.22x | 1.39x | NT$130.62 Million |
| 2002 | 16.08% | 9.43% | 1.11x | 1.54x | NT$148.22 Million |
| 2003 | 6.62% | 4.77% | 0.92x | 1.50x | NT$-79.39 Million |
| 2004 | 9.33% | 5.58% | 1.17x | 1.43x | NT$-15.84 Million |
| 2005 | 14.67% | 8.26% | 1.22x | 1.46x | NT$124.20 Million |
| 2007 | 4.10% | 2.44% | 1.10x | 1.53x | NT$-143.63 Million |
| 2008 | 12.33% | 8.03% | 1.05x | 1.46x | NT$63.96 Million |
| 2009 | 13.39% | 10.55% | 0.93x | 1.36x | NT$98.61 Million |
| 2010 | 12.56% | 10.00% | 0.91x | 1.38x | NT$71.32 Million |
| 2011 | 20.93% | 19.49% | 0.83x | 1.29x | NT$371.12 Million |
| 2012 | 16.85% | 17.17% | 0.78x | 1.26x | NT$239.36 Million |
| 2013 | 12.55% | 12.08% | 0.82x | 1.26x | NT$80.37 Million |
| 2014 | 19.69% | 20.05% | 0.79x | 1.24x | NT$319.03 Million |
| 2015 | 27.29% | 32.47% | 0.69x | 1.22x | NT$633.79 Million |
| 2016 | 18.51% | 23.69% | 0.64x | 1.21x | NT$319.67 Million |
| 2017 | 18.21% | 24.03% | 0.63x | 1.20x | NT$315.31 Million |
| 2018 | 21.67% | 29.70% | 0.61x | 1.19x | NT$480.77 Million |
| 2019 | 19.35% | 26.97% | 0.49x | 1.47x | NT$389.79 Million |
| 2020 | 15.96% | 23.63% | 0.45x | 1.49x | NT$242.38 Million |
| 2021 | 1.78% | 3.73% | 0.31x | 1.54x | NT$-289.34 Million |
| 2022 | 12.72% | 19.78% | 0.43x | 1.51x | NT$100.53 Million |
| 2023 | 18.35% | 26.89% | 0.48x | 1.44x | NT$339.19 Million |
| 2024 | 16.07% | 25.16% | 0.46x | 1.39x | NT$247.31 Million |
| 2025 | 11.63% | 18.93% | 0.44x | 1.40x | NT$64.11 Million |
Industry Comparison
This section compares Holiday Entertainment Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $3,084,217,400
- Average return on equity (ROE) among peers: 12.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Holiday Entertainment Co Ltd (9943) | NT$3.95 Billion | 15.32% | 0.39x | $218.47 Million |
| Trk Corp (1432) | $2.23 Billion | -5.12% | 0.24x | $57.33 Million |
| Rexon Industrial Corp Ltd (1515) | $3.45 Billion | 16.18% | 1.00x | $125.21 Million |
| Sun Race Sturmey-Archer Inc (1526) | $403.59 Million | 0.00% | 1.27x | $30.91 Million |
| Chi Hua Fitness Co Ltd (1593) | $805.60 Million | 14.19% | 0.31x | $39.23 Million |
| Dyaco International Inc (1598) | $4.06 Billion | -2.33% | 1.94x | $108.99 Million |
| Johnson Health Tech Co Ltd (1736) | $4.82 Billion | -1.36% | 1.17x | $1.17 Billion |
| Topkey Corp (4536) | $5.43 Billion | 15.94% | 0.82x | $427.77 Million |
| Brogent Technologies (5263) | $3.71 Billion | -5.32% | 0.61x | $207.84 Million |
| Janfusun Fancyworld (5701) | $4.21 Billion | 0.00% | 0.59x | $15.36 Million |
| Fusheng Precision Co Ltd (6670) | $1.71 Billion | 92.57% | 4.14x | $1.10 Billion |
About Holiday Entertainment Co Ltd
Holiday Entertainment Co.,Ltd provides audiovisual entertainment services in Taiwan. It operates in Singing Audio-Visual Equipment and Composition Copyright Operations segments. The company offers karaoke audio-visual equipment for people to sing. It also engages in audio-visual equipment and supplies distribution; audio publishing and art performing activities; and restaurant management business… Read more