Chi Hua Fitness Co Ltd
Chi Hua Fitness Co., Ltd. manufactures and sells fitness equipment in worldwide. It provides hybrid generator brakes, medical application load units, pure generator brakes, field coil eddy current brakes, green-ECB, eddy current brakes, and PM brakes; lower control boards, including EMS system application and generator system application; TFT and other consoles; brush DC motors; brush DC motors; … Read more
Chi Hua Fitness Co Ltd (1593) - Net Assets
Latest net assets as of September 2025: NT$1.37 Billion TWD
Based on the latest financial reports, Chi Hua Fitness Co Ltd (1593) has net assets worth NT$1.37 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.06 Billion) and total liabilities (NT$688.93 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$1.37 Billion |
| % of Total Assets | 66.5% |
| Annual Growth Rate | 6.36% |
| 5-Year Change | 41.27% |
| 10-Year Change | N/A |
| Growth Volatility | 8.3 |
Chi Hua Fitness Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Chi Hua Fitness 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 Chi Hua Fitness Co Ltd (2015–2024)
The table below shows the annual net assets of Chi Hua Fitness Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.41 Billion | +3.90% |
| 2023-12-31 | NT$1.36 Billion | -1.49% |
| 2022-12-31 | NT$1.38 Billion | +22.05% |
| 2021-12-31 | NT$1.13 Billion | +13.09% |
| 2020-12-31 | NT$1.00 Billion | +14.19% |
| 2019-12-31 | NT$876.47 Million | -2.49% |
| 2018-12-31 | NT$898.86 Million | +11.58% |
| 2017-12-31 | NT$805.60 Million | +1.35% |
| 2016-12-31 | NT$794.85 Million | -2.03% |
| 2015-12-31 | NT$811.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chi Hua Fitness 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 19.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$170.24 Million | 12.78% |
| Other Components | NT$1.16 Billion | 87.22% |
| Total Equity | NT$1.33 Billion | 100.00% |
Chi Hua Fitness Co Ltd Competitors by Market Cap
The table below lists competitors of Chi Hua Fitness Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carbon Transition ASA
LSE:0RU7
|
$28.89 Million |
|
MICROLISE GROUP LS-001
F:2DI
|
$28.90 Million |
|
Pioneer Power Solutions Inc.
NASDAQ:PPSI
|
$28.90 Million |
|
HAMMONIA Schiffsholding AG
HM:HHX
|
$28.90 Million |
|
Kingsrose Mining Limited
PINK:KRMMF
|
$28.88 Million |
|
Nusantara Pelabuhan Handal Tbk PT
JK:PORT
|
$28.87 Million |
|
MEITAV INVESTMENTS HOUSE R1 RIGHTS
TA:MTAV
|
$28.87 Million |
|
NAVAMEDIC ASA NK 1
F:N1A
|
$28.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chi Hua Fitness Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,299,225,000 to 1,331,925,000, a change of 32,700,000 (2.5%).
- Net income of 67,629,000 contributed positively to equity growth.
- Dividend payments of 63,656,000 reduced retained earnings.
- New share issuances of 12,782,000 increased equity.
- Other factors increased equity by 15,945,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$67.63 Million | +5.08% |
| Dividends Paid | NT$63.66 Million | -4.78% |
| Share Issuances | NT$12.78 Million | +0.96% |
| Other Changes | NT$15.95 Million | +1.2% |
| Total Change | NT$- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Chi Hua Fitness 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: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.27x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$26.05 | NT$33.10 | x |
| 2018-12-31 | NT$27.69 | NT$33.10 | x |
| 2019-12-31 | NT$26.97 | NT$33.10 | x |
| 2020-12-31 | NT$28.96 | NT$33.10 | x |
| 2021-12-31 | NT$28.96 | NT$33.10 | x |
| 2022-12-31 | NT$34.56 | NT$33.10 | x |
| 2023-12-31 | NT$32.43 | NT$33.10 | x |
| 2024-12-31 | NT$33.48 | NT$33.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chi Hua Fitness 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): 5.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.54x
- Recent ROE (5.08%) is below the historical average (11.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.82% | 11.34% | 0.81x | 1.28x | NT$14.74 Million |
| 2016 | 12.64% | 12.40% | 0.79x | 1.29x | NT$20.88 Million |
| 2017 | 14.29% | 13.70% | 0.79x | 1.32x | NT$34.31 Million |
| 2018 | 13.48% | 15.00% | 0.73x | 1.23x | NT$31.05 Million |
| 2019 | 13.74% | 14.66% | 0.77x | 1.21x | NT$32.48 Million |
| 2020 | 14.45% | 16.52% | 0.65x | 1.35x | NT$44.16 Million |
| 2021 | 15.24% | 14.55% | 0.71x | 1.47x | NT$58.92 Million |
| 2022 | 14.11% | 21.52% | 0.42x | 1.58x | NT$54.84 Million |
| 2023 | 3.91% | 4.77% | 0.53x | 1.55x | NT$-79.14 Million |
| 2024 | 5.08% | 6.04% | 0.54x | 1.54x | NT$-65.56 Million |
Industry Comparison
This section compares Chi Hua Fitness Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,716,013,889
- Average return on equity (ROE) among peers: 7.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chi Hua Fitness Co Ltd (1593) | NT$1.37 Billion | 11.82% | 0.50x | $28.89 Million |
| Trk Corp (1432) | $1.97 Billion | -7.22% | 0.59x | $33.01 Million |
| Rexon Industrial Corp Ltd (1515) | $3.82 Billion | 8.08% | 1.41x | $101.35 Million |
| Sun Race Sturmey-Archer Inc (1526) | $1.43 Billion | 27.02% | 1.03x | $22.48 Million |
| Dyaco International Inc (1598) | $4.06 Billion | -2.33% | 1.94x | $63.81 Million |
| Johnson Health Tech Co Ltd (1736) | $1.87 Billion | 30.80% | 1.42x | $342.33 Million |
| World Fitness Services Ltd (2762) | $2.59 Billion | 11.73% | 5.80x | $21.34K |
| Topkey Corp (4536) | $2.95 Billion | 15.30% | 1.06x | $303.96 Million |
| Brogent Technologies (5263) | $4.00 Billion | 1.84% | 0.36x | $130.25 Million |
| Janfusun Fancyworld (5701) | $1.76 Billion | -18.34% | 1.24x | $8.94 Million |