Vigor Kobo Co Ltd (2733) - Net Assets
Based on the latest financial reports, Vigor Kobo Co Ltd (2733) has net assets worth NT$338.98 Million TWD (≈ $10.68 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$502.15 Million ≈ $15.82 Million USD) and total liabilities (NT$163.17 Million ≈ $5.14 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 tangible net worth ratio of Vigor Kobo Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$338.98 Million |
| % of Total Assets | 67.51% |
| Annual Growth Rate | 3.93% |
| 5-Year Change | -40.35% |
| 10-Year Change | -68.83% |
| Growth Volatility | 89.25 |
Vigor Kobo Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Vigor Kobo Co Ltd's net assets have evolved over time, based on quarterly financial data. See Vigor Kobo Co Ltd (2733) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vigor Kobo Co Ltd (2011–2025)
The table below shows the annual net assets of Vigor Kobo Co Ltd from 2011 to 2025. For live valuation and market cap data, see market value of Vigor Kobo Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$338.98 Million ≈ $10.68 Million |
-12.65% |
| 2024-12-31 | NT$388.08 Million ≈ $12.23 Million |
-13.27% |
| 2023-12-31 | NT$447.46 Million ≈ $14.10 Million |
-11.30% |
| 2022-12-31 | NT$504.47 Million ≈ $15.89 Million |
-11.24% |
| 2021-12-31 | NT$568.33 Million ≈ $17.91 Million |
-14.64% |
| 2020-12-31 | NT$665.77 Million ≈ $20.98 Million |
-18.26% |
| 2019-12-31 | NT$814.52 Million ≈ $25.66 Million |
+0.89% |
| 2018-12-31 | NT$807.35 Million ≈ $25.44 Million |
-5.63% |
| 2017-12-31 | NT$855.53 Million ≈ $26.95 Million |
-21.34% |
| 2016-12-31 | NT$1.09 Billion ≈ $34.27 Million |
-5.11% |
| 2015-12-31 | NT$1.15 Billion ≈ $36.11 Million |
+0.55% |
| 2014-12-31 | NT$1.14 Billion ≈ $35.91 Million |
+12.20% |
| 2013-12-31 | NT$1.02 Billion ≈ $32.01 Million |
+17.45% |
| 2012-12-31 | NT$865.05 Million ≈ $27.25 Million |
+337.74% |
| 2011-12-31 | NT$197.62 Million ≈ $6.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vigor Kobo 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 203.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$388.19 Million | 114.52% |
| Total Equity | NT$338.98 Million | 100.00% |
Vigor Kobo Co Ltd Competitors by Market Cap
The table below lists competitors of Vigor Kobo Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arbor Metals Corp
V:ABR
|
$8.53 Million |
|
Sweden BuyersClub AB
ST:BUY
|
$8.53 Million |
|
Constellation Resources Ltd
AU:CR1
|
$8.53 Million |
|
Visgeneer
TWO:4197
|
$8.54 Million |
|
K2 Asset Management Holdings Ltd
AU:KAM
|
$8.53 Million |
|
Radiant Utama Interinsco Tbk
JK:RUIS
|
$8.53 Million |
|
Taitron Components Incorporated
NASDAQ:TAIT
|
$8.52 Million |
|
Yelooo Integra Datanet Tbk PT
JK:YELO
|
$8.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vigor Kobo Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 388,084,000 to 338,980,000, a change of -49,104,000 (-12.7%).
- Net loss of 49,215,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-49.22 Million | -14.52% |
| Other Changes | NT$111.00K | +0.03% |
| Total Change | NT$- | -12.65% |
Book Value vs Market Value Analysis
This analysis compares Vigor Kobo 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: 0.80x
- 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 increased from 0.23x to 0.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$49.30 | NT$11.30 | x |
| 2018-12-31 | NT$46.53 | NT$11.30 | x |
| 2019-12-31 | NT$46.94 | NT$11.30 | x |
| 2020-12-31 | NT$38.37 | NT$11.30 | x |
| 2021-12-31 | NT$23.10 | NT$11.30 | x |
| 2022-12-31 | NT$20.51 | NT$11.30 | x |
| 2023-12-31 | NT$19.14 | NT$11.30 | x |
| 2024-12-31 | NT$16.19 | NT$11.30 | x |
| 2025-12-31 | NT$14.15 | NT$11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vigor Kobo 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): -14.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.65%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.48x
- Recent ROE (-14.52%) is below the historical average (-3.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.60% | 7.01% | 1.24x | 1.22x | NT$5.16 Million |
| 2013 | 17.49% | 14.32% | 1.03x | 1.19x | NT$76.13 Million |
| 2014 | 15.96% | 13.63% | 1.01x | 1.17x | NT$67.97 Million |
| 2015 | 11.12% | 11.18% | 0.88x | 1.14x | NT$12.84 Million |
| 2016 | 7.51% | 8.65% | 0.79x | 1.11x | NT$-27.03 Million |
| 2017 | 0.53% | 0.65% | 0.71x | 1.15x | NT$-81.00 Million |
| 2018 | -5.43% | -6.24% | 0.70x | 1.24x | NT$-124.57 Million |
| 2019 | 0.95% | 0.99% | 0.78x | 1.23x | NT$-73.69 Million |
| 2020 | -21.70% | -89.03% | 0.16x | 1.55x | NT$-211.02 Million |
| 2021 | -34.72% | -141.64% | 0.15x | 1.58x | NT$-254.18 Million |
| 2022 | -12.68% | -31.29% | 0.33x | 1.23x | NT$-114.44 Million |
| 2023 | -8.77% | -9.84% | 0.67x | 1.33x | NT$-83.98 Million |
| 2024 | -15.18% | -15.20% | 0.72x | 1.39x | NT$-97.71 Million |
| 2025 | -14.52% | -14.65% | 0.67x | 1.48x | NT$-83.11 Million |
Industry Comparison
This section compares Vigor Kobo Co Ltd's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $2,383,818,000
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vigor Kobo Co Ltd (2733) | NT$338.98 Million | 10.60% | 0.48x | $8.53 Million |
| Hunya Foods Co Ltd (1236) | $2.13 Billion | -1.29% | 0.62x | $69.91 Million |
| Taiwan Fructose Co Ltd (4207) | $2.64 Billion | 7.59% | 0.72x | $123.22 Million |
About Vigor Kobo Co Ltd
Vigor Kobo Co.,Ltd. produces and sells Chinese cakes, pastries, and gift boxes in Taiwan. It offers pineapple, taro paste and chestnut roast, mung bean, and sun cakes; almond nougat; and biscuits. The company provides its products through its stores, as well as online. Vigor Kobo Co.,Ltd. was founded in 1992 and is headquartered in New Taipei City, Taiwan.