STARLUX Airlines Co. Ltd.

TWO:2646 Taiwan Airlines
Market Cap
$2.08 Billion
NT$68.80 Billion TWD
Market Cap Rank
#7878 Global
#195 in Taiwan
Share Price
NT$27.10
Change (1 day)
+0.00%
52-Week Range
NT$27.10 - NT$27.10
All Time High
NT$43.80
About

STARLUX Airlines CO., Ltd. provides airline services in Taiwan. It offers passenger and air cargo transportation services. The company was founded in 2016 and is headquartered in Taipei City, Taiwan.

STARLUX Airlines Co. Ltd. (2646) - Net Assets

Latest net assets as of June 2024: NT$18.78 Billion TWD

Based on the latest financial reports, STARLUX Airlines Co. Ltd. (2646) has net assets worth NT$18.78 Billion TWD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$91.35 Billion) and total liabilities (NT$72.57 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$18.78 Billion
% of Total Assets 20.55%
Annual Growth Rate 24.66%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 36.43

STARLUX Airlines Co. Ltd. - Net Assets Trend (2019–2023)

This chart illustrates how STARLUX Airlines 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 STARLUX Airlines Co. Ltd. (2019–2023)

The table below shows the annual net assets of STARLUX Airlines Co. Ltd. from 2019 to 2023.

Year Net Assets Change
2023-12-31 NT$11.07 Billion +87.40%
2022-12-31 NT$5.91 Billion +33.23%
2021-12-31 NT$4.43 Billion -0.89%
2020-12-31 NT$4.47 Billion -2.39%
2019-12-31 NT$4.58 Billion --

Equity Component Analysis

This analysis shows how different components contribute to STARLUX Airlines 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 1000645700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Common Stock NT$20.89 Billion 188.72%
Other Comprehensive Income NT$-764.29 Million -6.91%
Other Components NT$2.45 Billion 22.15%
Total Equity NT$11.07 Billion 100.00%

STARLUX Airlines Co. Ltd. Competitors by Market Cap

The table below lists competitors of STARLUX Airlines Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in STARLUX Airlines Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 5,905,999,000 to 11,068,132,000, a change of 5,162,133,000 (87.4%).
  • Other comprehensive income decreased equity by 208,283,000.
  • Other factors increased equity by 5,370,416,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income NT$0.00 -0.0%
Other Comprehensive Income NT$-208.28 Million -1.88%
Other Changes NT$5.37 Billion +48.52%
Total Change NT$- 87.40%

Book Value vs Market Value Analysis

This analysis compares STARLUX Airlines 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.

Insufficient data available to analyze book value vs market value.

Capital Efficiency Dashboard

This dashboard shows how efficiently STARLUX Airlines Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Insufficient data available to analyze capital efficiency metrics.

Industry Comparison

This section compares STARLUX Airlines Co. Ltd.'s net assets metrics with peer companies in the Airlines industry.

Industry Context

  • Industry: Airlines
  • Average net assets among peers: $69,685,655,500
  • Average return on equity (ROE) among peers: 29.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
STARLUX Airlines Co. Ltd. (2646) NT$18.78 Billion N/A 3.87x $869.57 Million
Eva Airways Corp (2618) $131.74 Billion 22.02% 1.68x $4.62 Billion
Tigerair Taiwan Co. Ltd. (6757) $7.63 Billion 36.34% 1.93x $248.48 Million