Kanpai Co., Ltd
Kanpai Co., Ltd engages in catering related businesses in China and Taiwan. The company involved in chain restaurants, meat imports, e-commerce retail, and pet food businesses. It serves directly to consumers through street stores, department stores, and shopping malls. Kanpai Co., Ltd was founded in 1999 and is based in Taipei City, Taiwan.
Kanpai Co., Ltd (1269) - Net Assets
Latest net assets as of June 2025: NT$898.27 Million TWD
Based on the latest financial reports, Kanpai Co., Ltd (1269) has net assets worth NT$898.27 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$2.42 Billion) and total liabilities (NT$1.52 Billion). 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$898.27 Million |
| % of Total Assets | 37.11% |
| Annual Growth Rate | 12.67% |
| 5-Year Change | -4.39% |
| 10-Year Change | 57.62% |
| Growth Volatility | 20.64 |
Kanpai Co., Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Kanpai Co., Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kanpai Co., Ltd (2013–2024)
The table below shows the annual net assets of Kanpai Co., Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$952.79 Million | -4.09% |
| 2023-12-31 | NT$993.47 Million | +8.60% |
| 2022-12-31 | NT$914.81 Million | -8.21% |
| 2021-12-31 | NT$996.68 Million | +0.01% |
| 2020-12-31 | NT$996.55 Million | +7.04% |
| 2019-12-31 | NT$931.05 Million | +3.64% |
| 2018-12-31 | NT$898.39 Million | +24.99% |
| 2017-12-31 | NT$718.78 Million | +15.07% |
| 2016-12-31 | NT$624.66 Million | +3.34% |
| 2015-12-31 | NT$604.49 Million | +60.77% |
| 2014-12-31 | NT$375.99 Million | +46.59% |
| 2013-12-31 | NT$256.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kanpai 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 195.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$115.95 Million | 12.17% |
| Common Stock | NT$211.09 Million | 22.16% |
| Other Components | NT$625.74 Million | 65.67% |
| Total Equity | NT$952.79 Million | 100.00% |
Kanpai Co., Ltd Competitors by Market Cap
The table below lists competitors of Kanpai Co., Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Mestika Dharma Tbk
JK:BBMD
|
$15.70 Million |
|
Sumas Suni Tahta ve Mobilya Sanayi AS
IS:SUMAS
|
$15.70 Million |
|
Bak Ambalaj Sanayi ve Ticaret AS
IS:BAKAB
|
$15.71 Million |
|
Bestec Power Electronics Co Ltd
TW:3308
|
$15.71 Million |
|
Gurktaler AG ST
VI:GAGS
|
$15.70 Million |
|
FRANCHETTI S.P.A.
F:D0E
|
$15.69 Million |
|
01 Communique Laboratory Inc
OTCQB:OONEF
|
$15.69 Million |
|
International Isotopes Inc
OTCQB:INIS
|
$15.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kanpai Co., Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 993,465,000 to 952,789,000, a change of -40,676,000 (-4.1%).
- Net income of 17,162,000 contributed positively to equity growth.
- Dividend payments of 63,510,000 reduced retained earnings.
- Share repurchases of 2,420,000 reduced equity.
- Other comprehensive income increased equity by 31,469,999.
- Other factors decreased equity by 23,377,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$17.16 Million | +1.8% |
| Dividends Paid | NT$63.51 Million | -6.67% |
| Share Repurchases | NT$2.42 Million | -0.25% |
| Other Comprehensive Income | NT$31.47 Million | +3.3% |
| Other Changes | NT$-23.38 Million | -2.45% |
| Total Change | NT$- | -4.09% |
Book Value vs Market Value Analysis
This analysis compares Kanpai 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: 1.33x
- 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 3.91x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$15.89 | NT$62.10 | x |
| 2014-12-31 | NT$24.64 | NT$62.10 | x |
| 2015-12-31 | NT$35.36 | NT$62.10 | x |
| 2016-12-31 | NT$31.91 | NT$62.10 | x |
| 2017-12-31 | NT$37.39 | NT$62.10 | x |
| 2018-12-31 | NT$45.41 | NT$62.10 | x |
| 2019-12-31 | NT$45.57 | NT$62.10 | x |
| 2020-12-31 | NT$48.61 | NT$62.10 | x |
| 2021-12-31 | NT$48.65 | NT$62.10 | x |
| 2022-12-31 | NT$44.54 | NT$62.10 | x |
| 2023-12-31 | NT$47.78 | NT$62.10 | x |
| 2024-12-31 | NT$46.63 | NT$62.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kanpai 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): 1.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.38%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 2.67x
- Recent ROE (1.80%) is below the historical average (7.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.64% | 3.47% | 1.84x | 2.14x | NT$8.53 Million |
| 2014 | 9.74% | 2.71% | 2.01x | 1.79x | NT$-969.30K |
| 2015 | 7.70% | 3.06% | 1.38x | 1.83x | NT$-13.64 Million |
| 2016 | 9.59% | 3.11% | 1.57x | 1.97x | NT$-2.50 Million |
| 2017 | 16.45% | 5.52% | 1.48x | 2.02x | NT$46.34 Million |
| 2018 | 10.49% | 3.89% | 1.47x | 1.83x | NT$4.38 Million |
| 2019 | 9.89% | 3.18% | 1.26x | 2.47x | NT$-1.01 Million |
| 2020 | 9.99% | 3.54% | 1.21x | 2.33x | NT$-93.40K |
| 2021 | 7.15% | 2.31% | 1.14x | 2.71x | NT$-28.42 Million |
| 2022 | -10.90% | -2.63% | 1.34x | 3.09x | NT$-191.23 Million |
| 2023 | 7.47% | 1.52% | 1.78x | 2.76x | NT$-25.18 Million |
| 2024 | 1.80% | 0.38% | 1.78x | 2.67x | NT$-78.12 Million |
Industry Comparison
This section compares Kanpai Co., Ltd's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $2,321,734,333
- Average return on equity (ROE) among peers: 5.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kanpai Co., Ltd (1269) | NT$898.27 Million | 13.64% | 1.69x | $15.70 Million |
| An-Shin Food Services Co Ltd (1259) | $4.57 Billion | 3.55% | 0.00x | $16.81 Million |
| Hi-Lai Foods Co Ltd (1268) | $1.85 Billion | 7.03% | 2.40x | $46.94 Million |
| Gourmet Master Co Ltd (2723) | $6.27 Billion | 9.15% | 0.41x | $191.36 Million |
| Yummy Town Cayman Holdings (2726) | $688.49 Million | 5.65% | 1.58x | $3.08 Million |
| Wowprime Corp (2727) | $3.61 Billion | 10.83% | 3.01x | $482.98 Million |
| TTFB Co Ltd (2729) | $2.59 Billion | 13.60% | 1.18x | $75.52 Million |
| Mr. Onion (2740) | $196.16 Million | -31.10% | 0.26x | $4.80 Million |
| Renjie Oldsichuan Catering Management Consultant Co., Ltd. (2741) | $663.43 Million | 8.98% | 0.59x | $6.99 Million |
| KINGZA International CO.,Ltd. (2751) | $455.88 Million | 17.78% | 1.00x | $11.34 Million |